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Economic Development

Resources to help economic development and site selection professionals connect with new places and locations. The archive for Economic Development articles.


Economic Development | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions


https://businessfacilities.com/2017/01/texas-named-2016-state-of-the-year/
The Lone Star State wins BF's top annual honor for the third time.

Texas Named Business Facilities’ State Of The Year

Texas Named Business Facilities’ State Of The Year

The Lone Star State wins BF's top annual honor for the third time.

World Wide Technology Asynchrony Labs Expands In St. Louis

The IT consulting firm will use the space to host business clients, showcase technology demonstrations, and provide its growing workforce with areas to collaborate and innovate.

Jones Plastic and Engineering Expanding In Tennessee

The plastic injection mold manufacturer will invest $4.5 million and create 52 new jobs in Camden, TN.

Crown Bioscience Locating Project At New Iberia Research Center

The pharmaceutical research and development facility will be located at the University of Louisiana at Lafayette affiliate.

Shoe Manufacturer Relocating To Indiana

Healer Health is relocating the operations of Kentucky-based Hylan Shoe Company to Indiana, with the help of tax credits and training grants from the state.

Location Spotlight: Wheeling, Illinois

Located in the heart of Chicago’s prestigious northern suburbs, Wheeling is a diverse and dynamic community of 40,000 people, distinguished by its unique balance of industry, commercial development, and residential neighborhoods.

Venture Global Investing $8.5B In Louisiana LNG Complex

The natural gas liquefaction facility and LNG export terminal will create 250 new jobs in Plaquemines Parish.

Ascensus To Open New Office In Arizona

The retirement and college savings services provider chose a new location in Tucson's UA Tech Park to help enhance its services in the Pacific Time Zone.

Canatal Steel USA Investing $1.5M In Virginia Expansion

The Canada-based company's manufacturing expansion will bring 38 new lobs to Botetourt County, VA with support from the Virginia Jobs Investment Program.

Sparks Custom Fabrication Expanding In Tennessee

The foodservice equipment manufacturer will create approximately 140 jobs in Adamsville, TN during the next five years.

Michigan Strategic Fund Approvals Will Create 1,893 Jobs

Business expansions, community revitalization projects, and more will generate nearly $450 million in investment throughout the state.

Food Ingredient Company Investing $14.2M In Missouri

Kerry is expanding its liquid smoke product manufacturing facility in Greenville, MO with help from an incentive package from the Missouri DED.

myNEXUS Expanding In Greater Middle Tennessee

The healthcare IT company will create 260 IT support, clinical operations and quality control jobs in Brentwood and Williamson County, TN.

Steel Manufacturer Expanding At Port Of Indiana

Ratner Steel Supply is investing $8.83M to double the size of its operations at the Port of Indiana-Burns Harbor in Portage, creating up to 37 new jobs by 2019.

HudsonAlpha Breaks Ground On New Biotech Facility

The 100,000-square-foot building is the latest addition to the 152-acre HudsonAlpha Institute for Biotechnology campus in Huntsville, AL, and will house a mix of research laboratories and life sciences companies.

Communities Get Environmental, Economic Development Help From EPA

The EPA will provide 25 communities with technical assistance to pursue development strategies that advance clean air, clean water, economic development and other local goals.

CVS Bringing 360 New Jobs To Missouri

The national retail pharmacy selected Kansas City, MO for its new 762,000-square-foot distribution center based on the local workforce and centralized location.

Dow Creating R&D Center In Michigan

The new, state-of-the-art innovation center in Midland, MI will support approximately 200 research and development jobs.

Tax Credits Help New Jersey Manufacturers Create Jobs

Three manufacturing projects expected to create a total of 390 jobs have been approved to receive tax credits under the Grow New Jersey Program.

IT Company Creating 1,500 Jobs At New South Carolina HQ

CompuCom will invest $41 million and create 1,500 new jobs at its new global headquarters, the largest single job announcement in Lancaster County history.

Tennessee, Memphis Invest $37M To Improve City Infrastructure

The investments will improve public infrastructure surrounding the St. Jude Children’s Research Hospital expansion project in Memphis, TN.

Taking It To The Max

Mississippi's Golden Triangle has put itself on the map, big-time.

Sports Apparel Maker Chooses North Carolina For First Plant Outside Asia

Taiwan-based Everest Textile Co. will invest $18.5 million in a new manufacturing plant in Forest City, NC, creating 610 jobs.

FEUER Powertrain Open For Business In Mississippi

The crankshaft manufacturer’s first U.S. manufacturing operations, located in Robinsonville, MS, represent a $140 million corporate investment and 300 new jobs.

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Featured Location Spotlight

City Of Zibo: Location Spotlight Of The Week

Zibo is listed as one of China's Top 50 Cities in Competitive Strength year after year since 1992. In 2015, Zibo ranked 40th in China's Top 100 Cities of Comprehensive Strength and 35th in Forbes' Best Commercial City in Mainland China.

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Tennessee Brings Home Top Honors for Economic Development

The Tennessee business climate is one of a kind. The New York Times listed Nashville as the #15 place to visit and Pollstar ranked Bridgestone Arena 6th in the country and 21st in the world when it comes to arena ticket sales.