Technology | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

A S&P Global Market Intelligence survey found approximately 79% of organizations reported already experiencing negative impact of COVID-19.


https://businessfacilities.com/2020/03/businesses-bracing-for-major-disruptions-from-covid-19/
A S&P Global Market Intelligence survey found approximately 79% of organizations reported already experiencing negative impact of COVID-19.

Technology

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


Businesses Bracing For Major Disruptions From COVID-19

A S&P Global Market Intelligence survey found approximately 79% of organizations reported already experiencing negative impact of COVID-19.

Data Center Industry Locations: Data-Driven Growth

As the demand for data continues to expand exponentially, new data centers are being built on sites closer to consumers (also known as “edge” locations) and modular, pre-fab units are speeding construction.

Snapshots: 60 Seconds with Janet LaBar, Charlotte Regional Business Alliance

Janet LaBar, Chief Executive Officer, Charlotte Regional Business Alliance, discusses Lowe's $153M global tech center, tech jobs, and the region's vision for economic growth.

New Jersey Tax Credit Program Supported 32 Companies In 2019

Last year,  investments in emerging technology life sciences companies through New Jersey's Angel Investor Tax Credit Program totaled more than $33 million.

Misfits Gaming Group Relocating HQ To Palm Beach County

The esports and gaming company will invest more than $1.35 million in its new corporate headquarters in Boca Raton, FL, where it will create 30 new jobs.

U.Group To Create Up To 100 Jobs In Central Indiana

The digital consulting company has selected Indiana for its first Midwest operation, and will create the new, highly-skilled jobs by the end of this year. 

Macedon Technologies To Create 147 Jobs In Virginia

The software firm will invest $1.65 million to expand its corporate headquarters in Reston, VA.

Business Leaders Concerned About Talent Shortages, Recession Risk

Chief executives around the world are heading into 2020 with concerns about the risk of a recession and their ability to attract and retain talent, according to The Conference Board.

Squarespace Creating More Than 150 Tech Jobs In NYC

The tech company will expand its global headquarters into new space in the West Village, growing its New York City presence 20 percent by 2022.

Nashville Selected For iHeartRadio Second Digital HQ 

New York-based iHeartRadio digital is expanding its team into Nashville, TN, creating new jobs in the emerging tech hub.

D3 Engineering Expanding Operations In Upstate New York

The embedded product development company is expanding operations and will create up to 50 new jobs at a new location in Monroe County, NY.

PerceptIn Relocating Global HQ To Indiana

PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.

Life Sciences: A Data-Driven Diagnosis For Success

Digital transformation is driving innovation in the life sciences sector, making transparency a top priority and heralding an era of “relationship-driven partnerships among all of the sector’s stakeholders.

Microsoft Investing $31M In Texas Regional Hub Expansion

Microsoft will create 575 new jobs at its Irving, TX operations with help from a nearly $5 million Texas Enterprise Fund (TEF) grant.

Honeywell Establishes Robotics Innovation Hub In Pittsburgh

The advanced technology center of excellence will help shape the warehouse and distribution center of the future as companies look to automated solutions, software and robotics.

Parsons Corporation Expanding At Georgia Cyber Center

The cyber security technology provider will expand its operations at the Georgia Cyber Center in Augusta, GA by adding more than 80 new jobs.

Cree, NY State Form $1B Partnership To Create World’s Largest Silicon Carbide Device Facility

More than 600 Cree jobs will be created at the Marcy Nanocenter on SUNY Poly Campus in collaboration with the New York Power Electronics Manufacturing Consortium.

Amazon Expands Chicago Tech Hub, Will Create 400 New Tech Jobs

Amazon will expand its office in downtown Chicago by more than 70,000 square feet, allowing the company to double its tech workforce in the city.

Digital Mobility: Yellow Light For Driverless Cars

Connectivity is transforming the automotive industry, but the rush to fully autonomous vehicles has hit a speed bump: robot cars can’t figure out human behavior.

Podcast: A Conversation With Stephen Moret

Artificial intelligence won’t be making site selection decisions any time soon, according to Virginia Economic Development Partnership President/CEO Stephen Moret.

Uber To Create 3,000 Jobs In Texas

The transportation and delivery company will invest more than $75 million in its new U.S. General and Administrative Hub in Dallas, TX.

Arizona: Job Growth Is Surging In The Grand Canyon State

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.

$7.5B Digital Infrastructure City To Be Built In Las Vegas

The first-of-its-kind mixed-use project will feature automated multi-functional designs, renewable energies, autonomous vehicles, artificial intelligence, augmented reality, Internet of Things, robotics, supertrees, and self-healing concrete structures. 

TX Tops Cybersecurity Leaderboard, KS Surges In Wind Power

Texas has topped the leaderboard in Cybersecurity Growth Potential and Kansas is the top-ranked state for the percentage of electricity generated from Wind Power in Business Facilities' 15th Annual Rankings Report

Business Facilities’ 2019 Metro Rankings Report

Business Facilities' 2019 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including job growth, economic growth potential, tech opportunities and more.

Business Facilities’ 2019 Global Rankings Report

Business Facilities' 2019 Global Rankings Report measures international locations’ progress on a range of factors, including artificial intelligence, renewable energy, economic growth potential, global competitiveness, and beyond.

ABB Selects North Carolina Facility For $40M Expansion

The global industrial company will create more than 400 jobs at its current facility in Mebane, NC.

Google Investing $600M In Nevada’s Internet Infrastructure

Google.org Impact Challenge will award $1M to Nevada nonprofits with bold ideas to create economic opportunity 

WESCAM Breaks Ground On New Canadian HQ

The state-of-the-art, 330,000-square-foot headquarters in Hamilton, Ontario will house 1,200 highly-skilled workers.

Amazon Bringing 2,000 New Jobs To Costa Rica

The decision will increase Amazon's total employment in Costa Rica to 9,500, making the company the country's largest employer in the services sector.

Top 10 Issues Affecting Real Estate In 2019-2020

U.S. infrastructure is the leading concern among the issues expected to have the most significant impact on real estate, according to The Counselors of Real Estate.

Setting The Bar High In Nevada

A new bill, passed unanimously across party lines, updates and reforms Nevada’s RPS so that, by 2030, 50 percent of its electricity will come from clean, renewable energy.

Google Continues Growth In Texas

The tech giant is increasing its presence in the Lone Star State with a new data center in Midlothian and two new office buildings in Austin.

Castle Hill Gaming Creating 106 New Jobs In Virginia

The gaming software developer will invest $1.3 million to expand its corporate headquarters in Albemarle County, VA.

Editor’s Picks: Sweet Spots For High Tech

The leading high tech hubs have developed a startup ecosystem that nurtures entrepreneurs and plants the seeds for sustainable growth from innovators who bring scaleable products to life.

StudentBridge Establishing New HQ In Georgia

The company will continue its $7.5 million investment and create 50 new jobs over the next two years from its new headquarters in Chamblee, GA.

RELiON Opens New Technology Center In Washington

The new Technology Center and Lab in Seattle, WA serves as a central hub making room for the company to conduct research and development, product testing, and sustaining engineering.

May / June 2019 Issue (Volume 52, Number 3)

The May / June 2019 Issue looks at locations that are making foreign direct investment an economic development priority. Plus, our editor's picks for tech hubs, and an exclusive interview with Louisiana Gov. John Bel Edwards.

Sierra Vista, AZ: Where History, Education And Nature Converge

A tech-ready workforce and leading-edge education are shaping Sierra Vista, AZ.

The Commonwealth Of Virginia: A Location of Choice

Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success.

Business Facilities & COVID-19

Blount Partnership Establishes Small Business Relief Fund

The fund provides disaster relief to small businesses in Blount County, TN that develop innovative solutions to overcome catastrophic challenges due to the COVID-19 pandemic.

Rally Reno Program Provides Local Economic Relief

Rally Reno County supports local businesses and employees in the retail, service and hospitality industries impacted by the COVID-19 pandemic.

Stay Connected

636FansLike
40,000FollowersFollow
3,221FollowersFollow
50SubscribersSubscribe

Featured Location Spotlight

Location Spotlight: Wheeling, Illinois

Located in the heart of Chicago’s prestigious northern suburbs, Wheeling is a diverse and dynamic community of 40,000 people, distinguished by its unique balance of industry, commercial development, and residential neighborhoods.

Featured Location Videos

BF Location Video: AIDT – The Total Workforce Delivery System

AIDT’s Total Workforce Delivery System has provided thousands of skilled, motivated employees to Alabama industries since 1971. The key to AIDT’s response is a unique infrastructure allowing the total, upfront commitment of our resources to the success of your company.