Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.
Economic Development
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.
Boingo Picks Texas For Wireless Office, Future HQ
Boingo will invest nearly $1.5 million and 250 jobs at its new regional office and future corporate headquarters at The Star in Frisco.
Battery Parts Maker Announces Record-Breaking Investment In South Carolina
Redwood Materials, manufacturer of EV battery components, is investing $3.5 billion to establish operations in Camp Hall Commerce Park.
Virginia Reaches Out To The World
Governor Glenn Youngkin is taking action toward energy stability, business growth, and workforce development.
Manufacturers Invest $65M To Expand Northwest Ohio Facilities
Autokiniton will invest $15 million and create 150 new jobs in Sandusky County, while Church & Dwight will create at least $50 million in new investment and 80 new jobs in the village of Old Fort.
November / December 2022 Issue (Volume 55, Number 6)
The November/December 2022 issue of Business Facilities features the annual Site Seekers' Guide: Location Profiles. Plus, Virginia Gov. Glenn Youngkin, renewable energy, infrastructure, and more.
Life Sciences & Medical Technologies In Pinellas County
In Florida, Pinellas County continues to support the Life Science and Medical Technology industries as it provides stability and growth for the local economy and regional labor market.
Smucker’s To Build R&D Facility In Ohio
With help from JobsOhio and the Ohio Department of Development, The J.M. Smucker Company will add a new R&D Center in Orrville, OH.
Why… Oklahoma?
Brent Kisling, Oklahoma Department of Commerce, shares how clean energy, central location, and strong workforce set the stage for success in the Sooner State.
Virginia: Building A Green Future
A landmark wind energy project, sizable vertical farm, and new LEGO Group Factory powered by green energy are in development.
Bridgestone Investing $250M In Costa Rica Tire Plant Expansion
Bridgestone Americas will add 160 jobs at its tire manufacturing plant in Heredia, while bot management and account security firm Arkose Labs opens an office in San Jose.
GKN Aerospace To Move AM Center Of Excellence To Texas
In Fort Worth's Lone Star Commerce Center, the facility will house R&D of additive manufacturing technology for large-scale titanium aerostructures. Meanwhile, KoMiCo will expand in Round Rock.
Kentucky: Expanding Horizons
In Kentucky, an electric vehicle (EV) ecosystem is taking shape, while traditional industries maintain roots in the Bluegrass State.
Golden Triangle Polymers Company To Invest $8.5B On Gulf Coast
A joint venture of Chevron Phillips Chemical, QatarEnergy the Golden Triangle Polymers Company LLC integrated polymers facility in Orange, TX is expected to create more than 500 full-time jobs.
OSRT To Invest $60M In West Virginia
In Wyoming County, Omnis Sublimation Recovery Technologies will use revolutionary technology to extract rare earth metals from coal waste impoundments.
Discover To Open Ohio Customer Care Center
The digital banking and payments service company will invest $16 million to open a customer care center in Whitehall, OH.
Illinois Driving Economic Growth
With the 18th largest economy, the Land of Lincoln is well positioned to support to new and existing businesses.
Advanced Manufacturing Advances In Iowa
Industry is thriving in the Hawkeye State with the help of innovative grants and renowned research facilities.
ULI Predicts Strengthening Real Estate Industry Starting In 2024
While inflation will remain an uncertain challenge, the Urban Land Institute’s latest Real Estate Economic Forecast projects positive but slower growth in the near term and a return to stronger growth in 2024.
Connect With Tennessee
With its manufacturing sector full speed ahead, the Volunteer State also sees a national first for internet speed.