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

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.


https://businessfacilities.com/2020/01/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.

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.


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.

MetaCX Adding 75 New Jobs In Indiana

The Software-as-a-Service (SaaS) startup will invest $1.4 million to scale up its operations in Indianapolis, creating up to 75 high-wage jobs by 2023.

Cree Investing $1B In North Carolina

The five-year investment will expand Cree's silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory in Durham, NC.

Data Centers: 5-G Day

The introduction of 5G small cell technology means changes in data center infrastructure as well as significant increases in their processing speeds and volumes.

Swiss AgTech Company Picks Indiana For First U.S. Production

Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.

STEM Leaders: Moving To The Head Of The Class

The battle for America’s future as a global technology leader is being waged in locations that have initiated innovative programs to increase the number of graduates with STEM skills.

Most U.S. Professionals Would Opt To Leave Cities 

Driven by a housing crunch and high cost of living, a new poll shows 70 percent of knowledge workers would move from major cities if they could perform their jobs at the same level.

Snapshots: 60 Seconds With Jose Lozano, Choose New Jersey

Jose Lozano, President and Chief Executive Officer, Choose New Jersey, Inc., discusses the state's workforce development plans, plus efforts to encourage its innovation ecosystem.

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Georgia Ports Authority To Double Port of Savannah Capacity

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.