Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.
Economic Development
LiveXchange Event Brings Business Together
The 19th annual event provided a fast-paced, productive setting for site selectors to explore locations.
Virginia Manufacturers Expand, Invest Nearly $7M, Create Over 170 Jobs
HEYCO Werk USA will invest $5.4 million, create 21 jobs with Greensville County expansion; Altec Industries will invest $1.4 million, create 150 jobs as it expands in Botetourt County.
Transforming Fukushima, Japan Into A “Region Of Recovery”
12 years after the Great East Japan Earthquake, new video from the Fukushima Prefecture, "Fukushima Now," highlights reconstruction progress.
Governor’s Report: Texas Takes On The Future
The Lone Star State does things big. Leadership looks to keep business growth going with tax cuts, incentives support, and top talent.
Business Facilities Economic Development Organization Awards
Business Facilities' 1st Annual EDO Awards recognize innovative or impactful programs and initiatives aimed at improving the communities they serve.
May / June 2023 Issue (Volume 56, Number 3)
Business Facilities' May / June 2023 issue looks at the supply chain's impact on site selection. Plus, Texas Governor Greg Abbott, FDI, and our 1st Annual EDO Awards.
Lexington Economic Boom Continues, Bringing Investment And Jobs
Lexington County, SC saw record economic growth in 2022, and that progress continues with several major announcements representing hundreds of millions of dollars in investments and hundreds of new jobs on the books already in 2023.
Successful Operations In QOZs Through Planning And Monitoring
With proper planning, additional compliance hurdles for operating a business in a Qualified Opportunity Zone (QOZ) are minimal considering the benefits.
Dura-Line To Invest $52M In West Texas
An expansion of Orbia’s Connectivity Solutions business Dura-Line will bring 141 new jobs to the Lubbock Business Park, Texas.
Delaware Grows: Homegrown Popcorn And Tech Startups
Fisher’s Popcorn will invest nearly $5M in to expand its manufacturing and wholesale operations in Frankford, DE. Plus, 15 up-and-coming tech companies earn grants in Startup302 competition.
Duke Energy Awards $125,000+ To Support Indiana Economic Growth
Awarded through Duke Energy’s Partnership Program, the grants will help 26 economic development organizations create new jobs and investment in Indiana.
Utah Brings In Business
Utah Governor Spencer J. Cox discusses how robust business incentives offer companies vast opportunity in the Beehive State.
Kentucky Welcomes All
The Bluegrass State is building a vast talent pipeline for the industries relocating and expanding to the state.
Premium Waters To Build $80M Plant In Texas
Bottled water manufacturing company Premium Waters, Inc. will create at least 60 full-time jobs in the City of Seguin, Texas.
Bradenton Area Thrives As Live-Work-Play Community On Florida’s West Coast
On Florida’s West Coast, the Bradenton Area offers incredible natural assets, excellent career opportunities, and vibrant town centers.
eCommerce & Distribution Locations: Goods To Go
As the demand for eCommerce and distribution space continues, locations are building facilities and emphasizing their regional advantages.
Wyoming Expanding Horizons
With a low tax burden, the state is attracting business by investing in shovel-ready sites and a skilled workforce.
Arizona Advancing Toward Sustainability
Arizona is excelling in the semiconductor and advanced manufacturing sectors and has targeted growth in renewable energy.
Workforce Focus: Never Stop Learning
From longstanding partnerships to targeted instruction, companies seek training options that fit their workforce needs.
Indiana Is Looking To The Future
Indiana Secretary of Commerce Bradley B. Chambers discusses the state’s robust economy, and why the microelectronics industry is on the rise.