Economic Development News

Equinix Inc. announced plans for a nearly $1 billion, four-story, 372,517-square-foot data center near Dallas’ Love Field. Construction will create a major project in North Texas, with estimated costs of $543 million for the main building and $294 million for interior...

JGA Space & Defense plans to invest over $25 million to expand its Huntersville, North Carolina operations in 2026. The expansion will create approximately 40 jobs, including positions for machinists, quality control specialists, and engineers, with an average...

Newell Brands, parent company of Rubbermaid, Sharpie, and Yankee Candle, will lay off 900 employees globally and close approximately 20 Yankee Candle stores in the U.S. and Canada as part of a productivity plan. The roughly 10% reduction in professional and clerical...

U.S. consumer confidence fell to 88.7 in November, down from 95.5 in October, as tariffs, weak hiring, and persistent inflation weighed on economic sentiment. Fewer Americans view jobs as “plentiful,” while concerns about prices, tariffs, and the federal government’s...

A report by the Illinois Economic Policy Institute finds that federal budget cuts, including changes to Medicaid and frozen transit funding, could reduce Illinois’ economy by nearly $10 billion each year by 2029 and cost the state 86,000 jobs. Major impacts include...

Southwire is investing $176 million to expand its Cleburne County, Alabama facility by 340,000 square feet, modernizing medium-voltage cable production, and adding more than 85 jobs. The expansion marks the company’s fourth major investment at the site and reflects...

GE Aerospace is investing nearly $53 million to expand its West Jefferson facility by more than 35,000 square feet and boost production of narrowbody aircraft engines. The project is expected to create over 40 jobs and support hiring for roles including apprentice...

More than 3,500 jobs in Arizona have been impacted by layoff notices from seven organizations, including shifts to contract work and federal positions restored after the government shutdown. The seven organizations that reported reductions include: Arizona Autism...