Economic Development News

Governor Gavin Newsom has introduced the California Jobs First Economic Blueprint, a statewide strategy aimed at boosting economic growth and providing its residents access to well-paying jobs. The plan includes a $125 million investment for ready-to-go projects, $15...

First Quality Tissue Midwest is investing $984 million to build a premium towel and tissue facility in Defiance County, Ohio, which is expected to create over 400 jobs. The project was made possible by a $14.6 million infrastructure investment from the All Ohio Future...

Ohio is investing nearly $70 million to support Anduril Industries' massive new manufacturing facility near Rickenbacker International Airport in Pickaway County. The project, which has a $9 billion in capital investment, is expected to create 8,500 direct and...

Marion City Council has approved $150 million in STAR bonds that will fund a major redevelopment of the former Illinois Centre Mall, bringing new recreational and entertainment spaces to the area. With plans to build a field house, indoor/outdoor pickleball complex,...

Ohio has announced that $100 million in tax credits will be allocated to support various mixed-use development projects through the Transformational Mixed-Use Development Program (TMUD). The major recipients for this fourth annual round of funding includes: a $33...

The City of Cedar Rapids will welcome a new data center campus following its approval of a development agreement with QTS and Alliant Energy to build the facility in the Big Cedar Industrial Center, marking the largest economic development investment in the city’s...

Site Evaluation and Economic Development Strategy (SEEDS) grants totaling $23.5 million have recently been awarded by the State Industrial Development Authority to accelerate industrial site readiness across Alabama, securing the state's future economic growth. These...

Advancing Alabama's economic growth, ArcelorMittal is investing $1.2 billion to develop a new electrical steel manufacturing facility in Mobile, which is expected to create 200 permanent jobs. The plant, set to open in 2027, will produce up to 150,000 metric tons of...

The Vermont Gallium Nitride (V-GaN) Tech Hub, a collaboration among the University of Vermont (UVM), GlobalFoundries, and the state of Vermont, has been awarded $23.7 million in federal funding from the U.S. Economic Development Administration, setting Vermont on the...

Nearly $55 million in capital investment and 167 new jobs will be created in Wayne and Oakland counties as four economic development projects are coming to Southeast Michigan. These four companies include NxLite, investing $5 million to establish its U.S....