Economic Development News

A $380 million investment by PPG will bring over 110 new jobs to North Carolina with the construction of a new aerospace coatings and sealants manufacturing facility in Shelby. Spanning 198,000 square feet, the plant is expected to open in the first half of 2027, with...

Gov. Joe Lombardo unveiled Senate Bill 461, a sweeping economic development proposal offering up to $12 million in childcare facilities tax credits, tax deductions for “high impact” businesses, and a $100 million infrastructure fund to attract and retain businesses in...

AstraZeneca has launched its first U.S. cell therapy facility in Rockville, Maryland, investing $300 million to advance cancer treatment with CAR-T cell therapy. This milestone is part of the company’s $3.5 billion U.S. investment announced last November, which also...

Driven by strategic investment and a skilled workforce, Western New York is rapidly becoming a dairy industry powerhouse, drawing over $1.5 billion in private investment and more than $223 million in tax incentives, while creating hundreds of jobs in the region. Major...

Rivian, an electric vehicle manufacturer, will invest nearly $120 million to build a 1.2 million square-foot supplier park in Normal, Illinois, which will create 100 jobs during the construction phase. Aiming to strengthen its EV supply chain, the park is intended to...

Pennsylvania has announced 11 projects, selected from 66 applicants in the first round of the Pennsylvania Strategic Investments to Enhance Sites (PA SITES) program, that will receive $64 million to prepare shovel-ready industrial sites and attract businesses and jobs...

Beer may be a popular companion for North Carolinians, but it's also brewing up big numbers for the state’s economy. A new Beer Serves America report reveals that the beer industry supports over 71,800 jobs and contributes $13.4 billion to North Carolina’s economy....

Gov. Mark Gordon sees President Trump's tariff policies as an opportunity for Wyoming to capitalize on the changes and the goal of the Trump Administration to strengthen domestic manufacturing and reduce trade imbalances. However, economists warn that the tariffs...

Recent tariff policies and the war on clean energy by President Trump have reversed two years of clean energy growth, threatening or canceling 95 projects worth $71.24 billion and over 62,554 jobs, according to new data from Climate Power. Once a booming sector, clean...

Hotpack, a sustainable food packaging manufacturer, is investing $100 million to establish its first North American manufacturing and distribution facility in Edison, New Jersey, creating up to 200 jobs. Slated to open in June 2025, the 70,000-square-foot facility...