Economic Development News
The latest trends, news and insights on economic development.
OneGeorgia Authority Awards $9.3 Million for Rural Industrial Site Development
A $9.3 million Rural Site Development Initiative grant has been awarded by the OneGeorgia Authority to support industrial site development across six Georgia communities. This program helps rural areas identify, assess, and develop industrial sites to attract...
Southern Indiana Receives $45 Million Economic Development Funding
Southern Indiana has been awarded $45 million in funding for 21 projects through the second round of the Regional Economic Acceleration and Development Initiative (READI) by the Indiana Economic Development Corporation. Of this, a total of $12.2 million will be...
Amazon Expands in Florence County, SC with $18 Million Facility
Amazon is expanding its operations in Florence County, South Carolina, as it announces the opening of an $18 million last-mile facility near I-95 and I-20, aiming to improve package sorting and delivery services. The 117,000-square-foot facility of the e-commerce and...
Massachusetts’ $4 Billion Economic Development Bill Signed into Law
Strengthening Massachusetts' economic growth, Governor Maura Healey has signed the Mass Leads Act into law, a $4 billion economic development bill that commits financial support to emerging industries like climatetech, life sciences, and artificial intelligence. Among...
Stellar Snacks Opens $137 Million Facility, Creating 350 Jobs in West Louisville, KY
Stellar Snacks, a pretzel manufacturer, officially opened a $137 million industrial bakery in the Park Hill neighborhood of west Louisville, Kentucky, marking the largest economic development project in the area’s history. Fifty-three employees have already been...
Mississippi Secures $110 Million for Economic Development Initiatives
Mississippi is on its path to economic growth as Governor Tate Reeves recently announced $110 million in grant funding to support economic development, infrastructure, workforce, conservation, and tourism initiatives, with $97 million earmarked for strengthening the...
New $100 Million Plant Expansion in Port of Little Rock, AR to Create 175 Jobs
Arkansas will be the newest hub for a line pipe manufacturing company as Welspun Tubular LLC recently revealed plans for a $100 million plant expansion at the Port of Little Rock, bringing 175 new jobs to the area. The new plant, set to break ground later this year,...
Six Economic Development Projects Approved in Ohio, Expected to Generate $1.1 Billion and 415 New Jobs
Ohio is set for a major economic boost as six projects have been recently approved that are expected to spur $1.1 billion in investments into the state, create 415 new jobs, retain more than 1,100 existing positions statewide, and generate nearly $24 million in new...
Pennsylvania Awards $600 Million to 400 Economic Development Projects
In a major push for economic growth, Governor Josh Shapiro recently announced a $600 million investment to be distributed across 400 projects throughout Pennsylvania through the Redevelopment Assistance Capital Program (RACP). This funding aims to drive regional...
$2 Million SEEDS Grant to Revitalize Alabama Industrial Park
Opelika has secured $2 million in grants from Alabama's Site Evaluation and Economic Development Strategy (SEEDS) program, which will be used to finance two infrastructure projects in the Northeast Opelika Industrial Park: the extension of North Park Drive and the...
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