Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. tesla articles below.
Tesla will create an estimated 10,000 jobs at a manufacturing plant and a design and engineering center in Germany's Berlin-Brandenburg region.
Few states were hit harder by the great recession than Nevada, but Gov. Brian Sandoval’s blueprint for recovery aimed for much more than a return to the status quo—NV is a magnet for top tech players.
Expected to be one of the world’s largest industrial facilities, Tesla's gigafactory is expected to provide Nevada with annual statewide economic benefits of $5.4 billion in jobs, tax revenues and overall spending.
Are the huge public-sector financial incentives used to lure big economic development projects wise investments? The answer is found in how these incentives are structured and evaluated.
Nevada wins the most hotly contested economic development prize in years by bagging Tesla's lithium battery plant near Reno. Washington successfully pulled out all the stops to keep Boeing from leaving the state. Comcast's gleaming new tower will transform Philadelphia's skyline.
Business Facilities recognizes the three most significant economic development projects of the year: Tesla's battery factory in Nevada, Washington's retention of the Boeing facility in Everett, and the new Comcast Center in downtown Philadelphia.