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January / February 2021

January / February 2021 Issue (Volume 54, Number 1)

The January / February 2021 Issue features our annual State of the Year and Deal of the Year awards. Plus, our editor's top utility picks, the future of electric vehicles, and more.
2020 Economic Development Deal Of The Year

2020 Economic Development Deal Of The Year

Dozens of transformative high-tech projects vied for our 2020 Deal of The Year Award. The Tesla Gigafactory lands the biggest prize for Greater Austin, TX.
Centene

Bronze Award: 2020 Economic Development Deal Of The Year

Centene is bringing its $1B East Coast headquarters to Charlotte, NC, creating more than 1 million square feet of new office space.
2020 DOTY Honorable Mention Awards

Honorable Mention Awards: 2020 Economic Development Deal Of The Year

Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.
On Demand Pharmaceuticals Montgomery County, MD

On Demand Pharmaceuticals Picks Maryland For HQ

Transformative drug manufacturer On Demand Pharmaceuticals will locate its new headquarters, manufacturing, and R&D facility in Montgomery County, MD.
Waco, TX

Uzin Utz To Build Second North American Manufacturing Facility In Texas

Uzin Utz, a manufacturer of floor covering products, will invest $34M in a 125,000-square-foot manufacturing facility in Waco, TX.
St. Rose, Louisiana

Arq Investing $40M In Innovative Fuel Facility In Louisiana

Energy technology company Arq will develop a new industrial facility in St. Rose, LA to produce its proprietary Arq Fuel product.
U.S. Space Command

U.S. Space Command Headquarters Headed To Huntsville

Alabama’s "Rocket City" has been selected as the preferred location for the headquarters of the new U.S. Space Command.
Fort Smith, AR

Hytrol Investing More Than $20M In Arkansas Expansion

The material handling systems company will create 250 new jobs as it expands its advanced manufacturing operations in Fort Smith, AR.
North Carolina 2020 State of the Year

North Carolina Is Business Facilities’ 2020 State Of The Year

North Carolina has been named Business Facilities’ 2020 State of the Year, the first time the Tar Heel State has earned the magazine’s top honor.
Kentucky

Kentucky: Putting Expansion On The Fast Track

Companies looking to hit the ground running in the recovery are flocking to the Bluegrass State, where red tape is cut so ribbons can be cut.
Minimum Wage

Half Of U.S. States To See Minimum Wage Increases In 2021

Many states will make changes to their minimum wage laws in 2021; greatest impacts will be seen in California, Washington and Florida.
biotech companies

Biotech: Prosperous Partnerships

From supplements to skincare, it may be surprising to learn that biotech companies are routinely being sought after to help resolve issues such as taste and sustainability.
Revance Therapeutics

Revance Therapeutics Relocating Global HQ To Tennessee

The Silicon Valley biotechnology company will invest more than $10 million and create nearly 150 jobs in Nashville over five years.
Avondale, AZ

Discover Your EDGE in Avondale

Avondale, Arizona offers a low cost of doing business, uncomplicated permitting process, access to critical transportation corridors, and a deep talent pipeline of skilled workers.
Oracle headquarters Austin, TX

Oracle Latest Company To Announce Headquarters Move To Texas

Software giant Oracle will move its corporate headquarters from the Silicon Valley to Austin, TX, joining a growing list of companies choosing to shift their bases to the Lone Star State.
Lordstown Motors Ohio

Lordstown Motors Closer To First All-electric Pickup Truck Production

The Ohio Tax Credit Authority approved support for Lordstown Motors’ hub motor and battery line, taking it one step closer to producing the world’s first full-size, all-electric pickup truck in Lordstown, OH.
Elanco Animal Health

Elanco Animal Health Picks Indiana for Global Headquarters

The animal health company will establish its global headquarters at a former GM stamping plant in downtown Indianapolis, and create more than 570 new jobs over the next decade.
presidential election

How Will The 2020 Presidential Election Impact CRE?

Does it matter whether the next U.S. president is a Republican or a Democrat? When it comes to commercial real estate (CRE) growth, apparently not.
Hewlett Packard Enterprise

Hewlett Packard Enterprise Global HQ Relocating To Texas

HPE will relocate its global headquarters from California’s Silicon Valley to Spring, TX, building upon the company's established presence in the Lone Star State.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
Texas 2023 State of the Year

2023 State Of The Year: Opportunity Awaits In Texas

A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.

[VIDEO] Get More for Your Business in Ardmore. Oklahoma

The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.

Location Spotlight: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.