Internal Revenue Service

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Internal Revenue Service articles below.

Feature Story

Understanding Opportunity Zone Guidelines

October 7, 2019

Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.

Featured Location Spotlight

Site Selection

Location Spotlight: Ohio Electric Cooperatives

April 9, 2018

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Featured Location Videos

South Carolina

BF Location Video: Camp Hall Commerce Park – Charleston, SC

February 14, 2020

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Breaking News

Sherwin-Williams Investing At Least $600M In Ohio

Corporate Headquarters February 21, 2020

The company will build a new a new global headquarters in downtown Cleveland and a new R&D center in Brecksville, creating an estimated 400 news jobs.

Gulfstream Investing $35M In Texas Expansion

Aerospace & Defense February 21, 2020

The aerospace company will expand its operations the Fort Worth Alliance Airport in Denton County, TX, creating about 50 jobs in the process.

Niagara Bottling Investing $70M In South Carolina

Food Processing February 20, 2020

The beverage manufacturer will create 70 new jobs at its new operations in Florence, SC.

Spirit Airlines Investing $11M To Move Operations To Tennessee

Aerospace & Defense February 18, 2020

Over the next five years, the commercial airline will bring nearly 350 jobs to Williamson County, TN as it relocates the Operations Control Center (OCC) from Florida.

Niagara Bottling Investing $70M In South Carolina

Food Processing February 20, 2020

The beverage manufacturer will create 70 new jobs at its new operations in Florence, SC.

Panacea Medical Technologies Opening First U.S. Facility In Indiana

Plastics & Medical Devices February 19, 2020

The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.

Facility Management

Facility Executive – Creating Intelligent Buildings

GSH Group Celebrates 125 Years In 2020 February 21, 2020
Founded in England, George S. Hall, Inc., better known as GSH Group, a global integrated facilities management company marks 125 years of service. - Read: GSH Group Celebrates 125 Years In 2020 at FacilityExecutive.com.
U.S. Utility Energy Efficiency Scorecard Highlights An Industry Transforming February 21, 2020
The American Council for an Energy-Efficient Economy (ACEEE) ranks utilities on 20 metrics based on 2018 performance, programs, and policies. Leading the way: National Grid Massachusetts and Eversource Massachusetts, tied for first place. - Read: U.S. Utility Energy Efficiency Scorecard Highlights An Industry Transforming at FacilityExecutive.com.
Friday Funny: Duct Tape Prom Fashion Still Sticking Around February 21, 2020
It's the 20th anniversary of the Duck Brand Stuck at Prom Scholarship Contest, and creative teens are sticking with it to compete for nearly $25,000 in scholarships and prizes. - Read: Friday Funny: Duct Tape Prom Fashion Still Sticking Around at FacilityExecutive.com.

About Us

Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Business Facilities is a leading full-service media brand specializing in the site selection marketplace. Through a bi-monthly magazine, e-mail newsletters, a news portal, and its LiveXchange event, Business Facilities has created a dynamic community for C-level executives and economic development organizations.

This Web site is brought to you by Group C Media, Inc., publishers of Business Facilities and Facility Executive; and producers of both the Facility Executive Live! Conference & Business Facilities LiveXchange – The Premier Event for Corporate Site Selectors.

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