Economic Development News

Construction activity outside data centers is slowing as contractors face rising labor and material costs, tighter financing, and a slowdown in new deals. Data center projects remain the primary driver of nonresidential growth, but manufacturing, commercial, and...

Auto supplier Oakland Stamping LLC, doing business as Autokiniton, will permanently close five Detroit facilities, resulting in 133 layoffs, according to a WARN notice filed with the state. The affected sites are located on Woodland Avenue, Rosedale Court, and Oakland...

The U.S. Department of Energy is reportedly considering canceling about $1.1 billion in federal grants promised to General Motors and Stellantis to support their transition to electric vehicle production. The move would rescind $500 million earmarked for GM’s Lansing...

Meiden America Switchgear, Inc. (MAS) will invest $9.2 million to expand its operations in Laurens County, South Carolina, creating 43 new jobs. The project will add 37,000 square feet of production space and 7,500 square feet of office space to its facility, enabling...

South Carolina is set to become a major technology hub as Google commits $9 billion through 2027 to grow its cloud and AI infrastructure. The funds will support the expansion of its Berkeley County campus and the construction of two new data centers in Dorchester...

More than 1,000 Illinois workers are set to lose their jobs, according to September WARN notices filed with the state, spanning multiple industries including health care, logistics, manufacturing, retail, and transportation. The layoffs include 289 at Weiss Memorial...

SK Food Group has opened a $200 million, 350,000-square-foot manufacturing facility in Cleveland, Tennessee, producing customized sandwiches and wraps under various brand names. The Phoenix-based company employs about 200 people at the site and plans to grow its...

Swiss medical device maker Ypsomed will invest 200 million Swiss francs ($248 million) to open its first U.S. manufacturing plant in Holly Springs, North Carolina, creating up to 200 jobs as demand for self-injectors rises. The investment follows President Trump’s...

Amazon plans to lay off about 15% of its human resources workforce, affecting its People eXperience and Technology (PXT) division of more than 10,000 employees. The move is part of a broader effort to reduce employee costs while investing $100 billion in AI and cloud...