Economic Development News

Pennsylvania is set to welcome a major television production that promises significant economic and job growth for the region. A new AppleTV+ by A+E Studios drama based on Lars Kepler’s bestselling “Killer Instinct” series will film in Pittsburgh and western...

The New Mexico Economic Development Department allocated over $648,000 to support job training for 38 workers through the Job Training Incentive Program (JTIP). Through this program, up to 90% of wages for new employees in businesses that are expanding or relocating...

The Office of Indian Economic Development awarded nearly $4 million in grants to support entrepreneurship and economic growth in tribal communities across U.S. through two key programs. Ten tribes and organizations received $2,926,924 through the Native American...

Nightingale Ice Cream Sandwiches is investing $5.8 million to establish a new production facility and corporate headquarters in Richmond, Virginia, creating 166 new jobs. Founded in 2016, the company has grown into a nationally distributed brand, known for its...

Mayor Muriel Bowser introduced Grow DC, the FY26 budget aimed at jumpstarting economic growth, creating jobs, and protecting vital city services without raising taxes. The plan responds to a projected $1 billion revenue shortfall driven by federal job losses, lower...

A new S&P Global report finds that many branded pharmaceutical companies are positioned to withstand pricing pressures and potential import tariffs despite threats from the Trump administration. While most favored nation (MFN) drug pricing policies could harm...

Talon Metals has secured a site near Beulah, North Dakota to build its $365 million Minerals Processing Facility, which is projected to create 150 jobs. Supported by a $115 million U.S. Department of Energy grant, the plant will process nickel and copper ore from the...

Clarios plans to invest up to $1 billion to build a critical minerals processing and recovery plant in the U.S., supporting the current administration’s goal of strengthening domestic metals supply production. The facility, part of Clarios’s $6 billion U.S. energy...

JBS USA is investing $135 million to build a sausage production facility in Perry, Iowa, expected to create 500 jobs and 250 construction jobs. Scheduled to open in late 2026, the plant will produce 130 million pounds of sausage annually, supporting pork producers and...

Airbnb contributed over $90 billion in U.S. economic activity in 2024, generating $25 billion in tax revenue, $2.4 billion in tourism-related taxes, $52 billion in labor income, and supporting more than one million jobs as travelers spent heavily in local communities....