Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Economic Development articles below.
Taiwan-based Everest Textile Co. will invest $18.5 million in a new manufacturing plant in Forest City, NC, creating 610 jobs.
By the end of 2017, Alpha Genesis, Inc. will create up to 30 new jobs at its headquarters facilities in Yemassee, SC.
The major expansion of the train manufacturer’s Steuben County operations is supported by $30 million from New York’s Upstate Revitalization Initiative.
The Innovate Birmingham Regional Workforce Partnership will train young adults for 925 technology jobs, with the help of $6M in federal funding.
The facility will bring over 2,000 projected new jobs and more than $700 million in capital investment to Casa Grande, AZ by 2022.
The joint venture between U.S. Energy Logistics and GEP Fuels will invest $100 million in a new recycling center and $200 million in a plastics-to-diesel facility, both in Carroll County.
Systemic improvements in cost efficiency are delivering better pricing to the logistics sector, but gaps in infrastructure are still a problem.
Submissions for Business Facilities' 2016 Economic Development Deal of the Year are now being accepted until November 30, 2016.
The cities of San Francisco, San Jose, Fremont and Oakland in collaboration with nonprofit SFMade release results of the first-ever Bay Area State of Urban Manufacturing Report.
The new, state-of-the-art facility will bring 800 IT jobs to Northwest Louisiana and cost-savings for its federal government customers.
The company will build a new engineering R&D center in the Ann Arbor Region with the help of a $1M Michigan Business Development Program grant.
The footwear and accessories retailer will invest $32M and create 72 new jobs as it expands in Lebanon, TN.
The 53-acre complex will serve as the company's premier West Coast destination for the public, and features a driver development track, a race car exhibit and fine-dining restaurant.
More than $400 million in investment and 1,250 jobs will be the result of United Parcel Service Inc.'s (UPS) new regional sorting and distribution hub in Atlanta, GA.
The Mecklenburg County project—Microsoft Corp.’s fifth expansion in Virginia—will create 44 new jobs.
The company’s new $23M North American shared services headquarters in Tampa houses more than 250 employees, another 250 professionals will be hired over the next three years.
Kyodo Yushi USA Inc. and Lubrication Engineers Inc. will form a new company and locate an advanced manufacturing facility in Wichita, KS.
The customized products company will open its first U.S. manufacturing operation in Reno, with plans to add 150 new jobs.
The specialty building products manufacturer will create 141 new jobs in Spring City, TN.