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Microsoft to Invest $4B in 2nd Wisconsin AI Data Center, to Create 800 Jobs

Sep 30, 2025 | Economic Development, Finance - Economic Development

Microsoft will invest $4 billion to build a second AI data center in Racine County, Wisconsin, creating 800 new jobs. The project adds to a $3.3 billion facility under construction in Mount Pleasant, bringing the company’s total investment in the state to more than $7...

$200M El Paso, TX Deck Plaza Project Projects $1B Economic Impact

Sep 30, 2025 | Economic Development, Finance - Economic Development

A proposed $200 million, 6.5-acre Deck Plaza over I-10 in Downtown El Paso, TX could generate nearly $1 billion in economic impact over 30 years, and attract up to 1.5 million visitors annually. The project, now in the design phase, would feature public amenities like...

$100K H-1B Fee Sparks Fears of Slowed Economic Growth

Sep 29, 2025 | Economic Development, Finance - Economic Development

Donald Trump has imposed a new $100,000 fee on H-1B visa applications, a 60-fold increase from the current cost, in a move aimed at pushing companies to hire more American workers. Economists warn the measure could slow U.S. growth by curbing access to skilled foreign...

U.S. Manufacturing Has 3.8 Million Job Openings, But Talent Gap Could Leave Majority Unfilled

Sep 29, 2025 | Economic Development, Finance - Economic Development

A new Deloitte and Manufacturing Institute report highlights the urgent need to strengthen the U.S. manufacturing talent pipeline. The U.S. manufacturing industry may need to fill as many as 3.8 million jobs over the next decade, following strong post-pandemic growth...

Port San Antonio Fuels $20 Billion Boost to Texas Economy

Sep 29, 2025 | Economic Development, Finance - Economic Development

Port San Antonio generated $20 billion for the Texas economy last year, according to a new report highlighted by Texas Comptroller Kelly Hancock during a visit to San Antonio. The 1,900-acre trade and education hub supports nearly 18,000 jobs in cybersecurity,...

B. Braun to Invest $20M for Medical Device Manufacturing Facility Expansion in Pennsylvania 

Sep 29, 2025 | Economic Development, Finance - Economic Development

B. Braun will invest $20 million to expand and modernize its medical device manufacturing facility in the Lehigh Valley, creating at least 200 new full-time jobs while retaining more than 1,700 existing positions. The project, supported by $1.5 million in state...

ZF Chassis Systems Duncan Expands in South Carolina With $55M Investment

Sep 29, 2025 | Economic Development, Finance - Economic Development

ZF Chassis Systems Duncan is investing $55.4 million to expand its operations in Spartanburg County, South Carolina, a move that will create 30 new jobs. The project includes a new 477,360-square-foot facility at 171 International Park Drive to increase production...

GSA Rehires Staff After Deep DOGE Reductions Backfire

Sep 29, 2025 | Economic Development, Finance - Economic Development

The General Services Administration is recalling employees laid off in Elon Musk’s sweeping cost-cutting push, as it admitted the cuts left it “broken and understaffed.” An internal memo cited by the Associated Press said workers must decide whether to return, with...

Pennsylvania Delegation Strengthens Economic Ties With Ireland

Sep 29, 2025 | Economic Development, Finance - Economic Development

Senior officials from the Pennsylvania Department of Community and Economic Development recently went to Ireland to promote international investment, trade, and tourism as part of the Shapiro Administration’s economic development strategy. The delegation met with...

University of Illinois Springfield Drives $943M to State Economy

Sep 29, 2025 | Economic Development, Finance - Economic Development

According to a new economic impact study by the firm Lightcast, the University of Illinois Springfield contributed $943.2 million to the Illinois economy in fiscal year 2023. The report found that UIS supports more than 9,093 jobs statewide, with alumni accounting for...

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