Economic Development News
The latest trends, news and insights on economic development.
White House Targeted 17 Agencies for Staff Cuts, Court Document Shows
A new court filing details the Trump administration’s push to conduct mass layoffs at 17 federal agencies, including Treasury, State, Interior, Agriculture, Labor, Commerce, HUD, a d HHS. The court filing also reveals that subagencies under DOT, General Services...
Ascentek Grows in Shreveport, Louisiana, Plans New $50 Million Facility
Ascentek, Inc. is investing $50 million to expand its Shreveport, Louisiana operations with a new 270,000-square-foot manufacturing assistance facility. The project will create 91 new direct jobs, retain 105 current positions, and is expected to generate 247...
Alta Alloys Picks Franklin, KY for $20 Million Expansion and Relocation
Alta Alloys will invest $20 million to relocate its headquarters and expand operations in Simpson County, Kentucky with a new facility, creating 45 high-wage manufacturing jobs. The California-based processor of titanium and other super alloys cited the state’s...
Trump’s Japan Tariff Deal Draws Auto Industry Backlash
U.S. automakers say President Trump’s new trade deal with Japan puts them at a competitive disadvantage, lowering tariffs on Japanese vehicles while domestic companies still face steep import taxes on steel, aluminum, and parts. The United Auto Workers called the...
Over 3,800 Laid Off in South Florida in First Half of 2025 as Hospitality Projects Ramp Up
Layoffs in South Florida more than doubled in the first half of 2025, affecting over 3,800 workers across Miami-Dade, Broward, and Palm Beach counties. A major share of the cuts stemmed from hotel renovations, including large-scale projects at the Mandarin Oriental...
Biogen to Invest Additional $2 Billion in North Carolina Manufacturing Expansion
Biogen is investing $2 billion over the next three years to expand and modernize its manufacturing operations in North Carolina, adding to the $10 billion it has already spent in the state. The move will upgrade Biogen’s two campuses in Research Triangle Park, with...
GE Aerospace Invests $100 Million in SW Ohio Facilities
GE Aerospace is injecting $100 million into its southwest Ohio manufacturing facilities, a move expected to spur job growth and economic activity felt from Cincinnati to Dayton. Experts say the investment will ripple across sectors, fueling demand in retail, real...
Senators Push Bill to Exempt Small Businesses From Canada Tariffs
President Trump’s tariffs on Canadian imports are drawing pushback, with lawmakers warning of rising costs and job losses for small businesses. A new bill led by Sen. Peter Welch aims to exempt small businesses from the tariffs, which critics say are straining...
Unemployment Claims Drop for Sixth Consecutive Week
Jobless claims in the U.S. fell for the sixth straight week to 217,000, marking the lowest level since mid-April and beating analysts’ expectations. The steady decline in applications signals continued strength in the labor market, which added 147,000 jobs in June and...
$5 Billion Data Center Slated for York County, Pennsylvania; 2,500 Jobs to be Created
Energy Capital Partners, parent company of Calpine Corporation, is building a $5 billion data center in York County, Pennsylvania, as part of a broader $90 billion national investment in AI infrastructure, energy, and workforce in the state. The facility, planned at...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Listen to Our Civic Development Podcast!
Dive into civic development with expert commentary on all areas of civic finance: infrastructure, affordable housing, economic development and more.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
