Economic Development News
The latest trends, news and insights on economic development.
Biopharma Firm GSK Breaks Ground on $800 Million Manufacturing Facility Expansion in Pennsylvania
GSK, a biopharma company, has broken ground on an $800 million expansion project in Lancaster County, Pennsylvania, expected to create 200 new jobs and retain over 4,600 positions, which will help boost the state’s economy and strengthen its life sciences sector. This...
Pulaski County, Virginia Unveils Plans for $10.5 Million Sports and Entertainment Complex
Pulaski County, Virginia, in partnership with the county’s Sports Tourism & Entertainment Authority, is set to break ground on its first sports and entertainment complex, a $10.5 million project designed to boost the local economy and expand its roster of...
Tariff Fallout: 4,134 Jobs Lost as 19 Factories Conduct Mass Layoffs
Congressman Ro Khanna has voiced his concerns over the mass layoffs currently happening across the U.S., linking it to President Trump’s recent economic and tariff policies for widespread job losses in manufacturing and other sectors. As Khanna stated, more than 4,134...
Taber Extrusions Breaks Ground on $70 Million Facility to Create 70 Jobs in Russellville, Arkansas
Taber Extrusions, an aluminum supplier in Russellville, has begun construction on a $70 million expansion that is expected to generate 70 new jobs. The expansion will see the development of a 125,000 square foot manufacturing and fabrication plant to support the...
Apple Expands in North Carolina with $175 Million Data Center Investment
Apple is investing $175 million to expand its presence in North Carolina with a new 237,600 sq ft data center in Maiden, Catawba County. This expansion adds to Apple’s existing campus in the area, which spans over one million sq ft and is fully powered by renewable...
Meta to Build $1 Billion Data Center in Wisconsin
Meta Platforms Inc. is planning a nearly $1 billion data center in central Wisconsin, part of its broader push to expand AI and cloud infrastructure. The project is linked to a February state incentive deal with a company using an alias, which a Bloomberg source...
Nebraska Awards $5.54 Million for Community Development Projects
The Nebraska Department of Economic Development has awarded $5.54 million to 21 projects through the 2025 Civic and Community Center Financing Fund, which will be used to finance both construction and planning initiatives across the state. One of the recipients is...
California Governor Newsom Seeks Exemption from Retaliatory Tariffs Amid Ongoing Trade War
On the social media platform X, California Governor Gavin Newsom has requested an exemption from retaliatory tariffs amid the ongoing trade war, arguing that Trump's tariffs do not represent all Americans and that California remains a stable trade partner. Newsom...
Nebraska Department of Economic Development Awards $2 Million Grant for Omaha North High School’s Stadium
The Nebraska Department of Economic Development has awarded a $2 million grant through the North and South Omaha Recovery Grant program to support 'Project Game On,' which includes a new YMCA and a football and soccer stadium for Omaha North High School. The grant is...
Alabama Awards $2.85 Million in SEEDS Grants for Auburn Technology Park West Expansion
As part of Alabama's goal to enhance industry-ready sites, the state has awarded Auburn a $2.85 million grant through the Site Evaluation and Economic Development Strategy (SEEDS) Act, which will be used to finance the expansion of Auburn Technology Park West. This...
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