Opportunity Zone

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

Economic Development

Pawtucket, RI Launches $400M Economic Development Project

December 2, 2019

The project will transform Pawtucket’s riverfront with extensive development, including a new United Soccer League (USL) Championship soccer team and stadium.

State Focus

Arizona: Job Growth Is Surging In The Grand Canyon State

August 19, 2019

With a booming economy fueled by a business-friendly climate and a thriving startup ecosystem, Arizona was fourth among U.S. states in GDP growth in 2018.

Manufacturing

MRCOOL Exploring Kentucky Manufacturing Expansion

November 16, 2018

The heating, ventilating and air conditioning company is studying the viability of a manufacturing facility in the Kentucky Opportunity Zone that includes the city of Mayfield, KY.

Featured Location Spotlight

Site Selection

Location Spotlight: Cape Coral – A Strategic Location

April 1, 2019

Ranked among the best places to live and do business, and located in the tax-friendly state of Florida, Cape Coral is a top contender for corporate relocations and business expansions for companies worldwide.

Featured Location Videos

Economic Development

Georgia Ports Authority To Double Port of Savannah Capacity

September 25, 2019

To keep up with growing container trade, the GPA plans to double Garden City Terminal’s annual capacity from 5.5 million to 11 million TEUS. Improvements will include a new container port on Hutchinson Island, expansion of GPA’s ship-to-shore crane fleet and berth improvements.

Breaking News

Kansas Picked For $200M Walmart Distribution Center

Logistics & Distribution December 12, 2019

The retail giant will create 300 full-time jobs at its new distribution center at the Kanza Fire Commerce Park in Topeka, KS.

Refresco Investing $12M In Oklahoma Expansion

Manufacturing December 11, 2019

The independent bottler will add 75 new jobs at its Fort Gibson, OK manufacturing operation.

Location Spotlight: Santee Cooper – CAMP HALL

Site Selection December 11, 2019

Camp Hall is a first-of-its-kind, master-planned industrial work space located in a business epicenter of the South and at the heart of modern Southern culture — Charleston, S.C.

Kansas Picked For $200M Walmart Distribution Center

Logistics & Distribution December 12, 2019

The retail giant will create 300 full-time jobs at its new distribution center at the Kanza Fire Commerce Park in Topeka, KS.

Pratt & Whitney Investing $30M In West Virginia Expansion

Aerospace & Defense December 9, 2019

The aircraft and helicopter engine manufacturer will expand its Bridgeport, WV facility for the maintenance, repair and overhaul of PW800 engines.

Nice-Pak Products Adding 90 Jobs In Indiana

Manufacturing December 11, 2019

The New York-based wet wipes manufacturer will expand its operations in Mooresville, IN with help from up to $900,000 in conditional tax credits from the state.

Facility Management

Facility Executive – Creating Intelligent Buildings

Fence Quarter Wood Deck & Porch Railing Inserts December 12, 2019
Fence Quarter's debut product line of both wood deck and porch railing inserts seeks to mitigate the time-consuming, frustrating, and costly ventures associated with traditional decking and fencing solutions. - Read: Fence Quarter Wood Deck & Porch Railing Inserts at FacilityExecutive.com.
Color Of The Year Captured In Bendheim Glass Projects December 11, 2019
The 2020 Color of the Year — Pantone “Classic Blue” — comes to life in projects featuring Blue Glamir™ laminated architectural glass. - Read: Color Of The Year Captured In Bendheim Glass Projects at FacilityExecutive.com.
ASHRAE Releases Revised Data Center Energy Standard December 11, 2019
The updated standard enables operators and designers to use the latest and most effective equipment and techniques to achieve energy efficiency in data centers, while avoiding potential reliability issues. - Read: ASHRAE Releases Revised Data Center Energy Standard 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.

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