Economic Development News

Waste Management recently opened its new Renewable Natural Gas (RNG) facility in Falls Township, Pennsylvania. The $131 million project, which created 125 construction jobs and eight permanent positions, aims to convert landfill gas into a cleaner energy source. This...

Hitachi Energy, an energy infrastructure company, is scaling up its operations in Virginia by committing $22.5 million to expand its Bland County facility to increase the production of its dry-type transformers and construct a new warehouse in Atkins for core cutting...

Citing economic pressures from tariffs and a trucking industry slowdown, Bendix Commercial Vehicle Systems is offering voluntary layoffs to full-time salaried employees across its U.S. operations. The company, which is headquartered in Avon, Ohio, said trucking demand...

Thermo Fisher Scientific plans to invest $2 billion in the U.S. over the next four years, including $1.5 billion to expand manufacturing operations and $500 million to support research and development. The company said the investment will create high-paying jobs and...

Amgen is investing $900 million to expand its biomanufacturing facility in New Albany, Ohio, boosting its total investment in the state to over $1.4 billion and creating 750 jobs. The move is part of the company's broader U.S. expansion plan, following the...

The Healey-Driscoll administration and MassTech’s Center for Advanced Manufacturing are investing nearly $3.8 million to strengthen Massachusetts’ manufacturing sector. Through the Manufacturing Accelerate Program grants, 23 companies will receive support to invest in...

$14.5 million has been awarded to various sectors, including aviation, aerospace, and manufacturing, through the Florida Job Growth Grant Fund to support infrastructure improvements and workforce training across Florida. Grants will fund technical training institutes,...

The Wisconsin Economic Development Association (WEDA) has recently appointed Melissa Hunt as its new president and CEO starting April 28. A longtime member and past board chair, Hunt succeeds Kathryn Berger and brings years of experience and a strong commitment to...

The New Jersey Economic Development Authority (NJEDA) has approved the $30 million New Jersey Loan Expansion and Network Development (NJ LEND) program to provide expanded loan options for small businesses across the state. The program will offer fixed asset loans of...

$30 million in state-funded grants will be given to 25 projects across Illinois to revitalize downtowns and commercial corridors through the Rebuild Illinois Downtowns and Main Streets (RDMS) and Research in Illinois to Spur Economic Recovery (RISE) programs. The RDMS...