Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.
Economic Development
North Carolina Offers The Total Package: 2022 State Of The Year
Throughout 2022, the Tar Heel State steadily attracted and retained business investment with its regional approach and world-class resources.
Top Utilities 2023: Powering Business
Utilities help keep economies growing: These Top Utilities of 2023 provide energy and play a vital role in the site selection process.
January / February 2023 Issue (Volume 56, Number 1)
Business Facilities' January / February 2023 issue features North Carolina, our 2022 State of the Year, along with winners of our Deal of the Year Awards. Plus, Top Utilities and more.
Manufacturing Readiness Grants: Indiana Invested $22M+ In 2022
Since it was launched in 2020, the Manufacturing Readiness Grants program has granted a total of 384 awards totaling $39 million to companies in 69 counties.
SK Food Group To Establish Operations In Tennessee
The custom food manufacturer plans to invest $205 million in Bradley County, as well as create 840 new jobs by 2030.
Washington, DC Unveils Six New Goals To Reach By 2028
Dubbed "DC’s Comeback Plan," Washington, DC’s new economic development plan is already helping one technology company grow in the district.
2023 LiveXchange Keynote Speaker Is “Study In Contradictions”
Sage Policy Group Chairman & CEO Anirban Basu will be the Keynote Speaker at the 2023 Business Facilities LiveXchange event.
Looking Ahead: 5 Key Business Trends For 2023
Here are five key business trends that are top of mind as we begin 2023, courtesy of the team of advisors at Resonance.
Logistics And Workforce Attract Niagara Bottling To Louisiana
To meet growing demand, this leading beverage manufacturer will build a 500,000 square foot production facility in Hammond, LA.
In-N-Out Burger Expansion To Tennessee Includes Office, Future Restaurants
In-N-Out Burger plans to open its first Tennessee restaurants by 2026. The company will invest $125.5 million and create more than 275 new jobs at its Williamson County office.
Atlantic Shores Signs On As Second Major Tenant At New Jersey Wind Port
Atlantic Shores Offshore Wind plans to create more than 200 jobs in Salem County, while Bluevine’s new headquarters will create an additional 200 in Jersey City.
JA Solar Picks Arizona For First U.S. Manufacturing Plant
New JA Solar manufacturing facility in Phoenix, AZ represents a $60 million investment and will create more than 600 jobs.
New Concept Universal Theme Park Coming To Frisco, Texas
First-of-its-kind theme park targets families with young children, will feature immersive themed areas, attractions and entertainment that celebrate Universal stories and characters.
Why… Tennessee?
Stuart McWhorter, Commissioner, Tennessee Department of Economic & Community Development, explains how an efficient economic growth strategy propels job creation and education in the Volunteer State.
U.S. Economic Development Administration Gets $1.6B For 2023
New funding will accelerate regional economic development, promote national security, aid disaster recovery, and support distressed communities nationwide.
North Carolina Is Business Facilities’ 2022 State Of The Year
North Carolina is named Business Facilities’ 2022 State of the Year, the second time the state has been recognized for this top honor.
Baldwin County, AL Attracts Top-Tier Talent
Lee Lawson, President & CEO, Baldwin County Economic Development Alliance, shares why this coastal Alabama county is the seventh fastest-growing area in the nation.
Retailers Adapting To The Market
Shifting priorities are impacting the way consumers want to shop, and retailers are changing their site selection in response.
Transport Success In Seymour-Jackson County, IN
Jim Plump, CEcD, FM, HLM, Executive Director, Jackson County Industrial Development Corp. shares why business in this South-Central Indiana region is on the move.
Hartford, CT Insures The Future
Gene Goddard, MetroHartford Alliance, shares how a centuries-old insurance and finance foundation supports the city’s evolution to fintech and insurtech.
Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA
Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
Location Spotlight: Colorado’s Grand Junction – Where Business Meets Adventure
The Grand Junction area is the largest metropolitan area in western Colorado, with the amenities and infrastructure companies need to operate globally. Situated halfway between Denver and Salt Lake City, the Grand Junction area is easily accessible by air, rail, highway, and WiFi.