Economic Development News

Southern Dairy is eyeing a $250 million, 300,000-square-foot dairy processing plant on 40 acres near Watertown, potentially marking one of the largest private investments in Jefferson County, NY. The facility would source milk from regional farms to produce powders...

AmbaFlex Manufacturing, a spiral conveyor manufacturer, is planning a $4.5 million expansion of its equipment in Canton, Ohio, adding 15 jobs at its Raff Road SW facilities. Canton City Council approved a 10-year, $1 million tax break to support the project, tied to...

According to a June survey of supply managers in Iowa and eight neighboring states, inflation is climbing while trade and manufacturing activity are declining across the Midwest. The region’s overall index dropped to 50.7, barely above growth neutral, with...

Southern California is up by 38,200 jobs in the 12 months, well below the typical annual growth of 101,300 since 2010. Healthcare, social assistance, government, private education, and hospitality added jobs, while manufacturing, construction, fast food, finance, food...

Toyota is investing $50 million to upgrade its Arizona Proving Grounds near Wittman, enhancing its vehicle testing and development capabilities. The expansion includes a new 5.5-mile oval track, off-road park, and ride-and-handling surfaces, with completion expected...

Rhoads Industries is investing nearly $100 million to expand its manufacturing operations at the Philadelphia Navy Yard, creating 450 new jobs and retaining 541 existing positions. The expansion includes a 95,000-square-foot facility that will support submarine...

Online retail in the U.S. has seen its steepest decline in over a decade, with nearly all major e-commerce categories experiencing double-digit drops, according to a new AlixPartners survey. The downturn coincides with President Trump’s aggressive trade policy and...

U.S. private sector employment unexpectedly declined by 33,000 in June, marking the first drop in recent years and raising concerns about labor market strength. The losses were concentrated in professional, business, education, and health services, while sectors like...

Microsoft is laying off nearly 9,100 employees in its largest round of job cuts since 2023. This follows another round of layoffs in May that impacted about 6,000 employees, as the company moves to streamline operations and reduce management layers across teams and...