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Stow Group Brings $36M New Facility, 200 Jobs to Gordon County, Georgia

Sep 1, 2025 | Economic Development, Finance - Economic Development

Belgium-based stow Group, a global leader in storage and automation solutions, will invest $36 million to open a new manufacturing plant in Gordon County, Georgia. The facility will create around 200 jobs when it begins operations in 2026. Governor Brian Kemp praised...

Trump Officials Urge Federal Reserve to Oust Governor Cook

Aug 25, 2025 | Economic Development

The Trump administration is pressuring the Federal Reserve to oust governor Lisa Cook after accusing her of mortgage fraud, allegations that remain unconfirmed and under reported DOJ review. Cook, a Biden appointee, rejected calls to resign, saying she had “no...

Korn Ferry: ‘Job Hugging’ Replaces Job Hopping in Today’s Market

Aug 25, 2025 | Economic Development, Finance - Economic Development

A new Korn Ferry report says the post-pandemic trend of job hopping has been replaced with “job hugging,” with employees clinging to positions amid layoffs, AI disruption, and economic uncertainty. Surveys show most workers view the job market as “treacherous” and...

John Deere Cuts 238 Jobs at East Moline, Moline, and Waterloo Plants

Aug 25, 2025 | Economic Development, Finance - Economic Development

John Deere announced another round of layoffs, citing weak demand and lower number of orders. The cuts affect 115 workers at Harvester Works in East Moline, 52 at Moline’s Seeding and Cylinder site, and 71 at the Waterloo Foundry. The move follows a 9% quarterly...

New York Awards $51M to Prepare Shovel-Ready Sites

Aug 25, 2025 | Economic Development, Finance - Economic Development

New York awarded more than $51 million through its FAST NY program to make sites shovel-ready for high-tech companies and large employers. The FAST NY program, administered by Empire State Development, funds both pre-development work and infrastructure improvements...

Johnson & Johnson Expands in North Carolina With $2 Billion Investment

Aug 25, 2025 | Economic Development, Finance - Economic Development

Johnson & Johnson plans to expand its North Carolina footprint with a new $2 billion 160,000-square-foot manufacturing facility in Holly Springs, creating 120 jobs. The company also has an ongoing construction of a Wilson plant expected to employ over 500 people....

Santa Monica, CA Eases Rules in Bid to Boost Local Business and Downtown Activity

Aug 19, 2025 | Economic Development, Legal - Economic Development

Santa Monica, California is putting efforts to create a more vibrant and business-friendly downtown with new city council reforms. The Santa Monica City Council approved permanent reforms to boost local business and attract new ventures including expedited alcohol...

Court Ruling Paves Path for Workforce Reduction at Consumer Financial Protection Bureau

Aug 19, 2025 | Economic Development, Legal - Economic Development

The U.S. Court of Appeals for D.C. has cleared the way for the Trump administration to move forward with mass layoffs at the Consumer Financial Protection Bureau (CFPB), overturning a lower court injunction. The decision allows the agency to cut roughly 80% of its...

T-Mobile to Cut 121 Jobs in Bellevue Following $4.4B Acquisition Move

Aug 19, 2025 | Economic Development, Finance - Economic Development

T-Mobile US Inc. will lay off 121 employees at its Bellevue, Washington headquarters, effective October 17, as part of cost-cutting and post-merger integration efforts following its $4.4 billion acquisition of U.S. Cellular assets. The reductions are said to primarily...

Barrett Firearms Breaks Ground on $76.4 Million Manufacturing Campus in Tennessee

Aug 19, 2025 | Economic Development, Finance - Economic Development

Barrett Manufacturing and Technology Campus broke ground in Murfreesboro, kicking off a $76.4 million economic development project. The facility is anticipated to create 183 jobs, supporting the local community’s workforce. Slated for completion in early 2027, the...

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