Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Sponsored Content articles below.
Kentucky has experienced record-breaking export growth, and exports in 2015 totaled over $27 billion. Kentucky’s top five exports were aerospace parts and products ($8.7 billion), motor vehicles and parts ($5 billion), pharmaceutical and medicines ($1.7 billion), resin, rubber, fibers, and filaments ($1.2 billion), and basic chemicals ($987 million).
From water technology and food processing to energy, power and control, companies in Wisconsin that recognize their mutual dependency and have formed partnerships to address common challenges are thriving and creating new economic opportunities.
Organizations in Michigan like the MEDC are encouraging and supporting startups in a way that isn’t necessarily available in other states, according to the CEO of Ann Arbor, MI-based SkySpecs.
After losing altitude for the past five years as defense cuts eliminated 185,000 jobs, the U.S. aerospace industry is growing in 2016.