Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Mid South Extrusion to Add Two New Production Lines in Monroe, Louisiana with $12.5 Million Investment
Mid South Extrusion is investing $12.5 million to add two new polyethylene extrusion lines at its flexible film and bag manufacturing facility in Monroe, Louisiana, marking its second expansion following a $17 million investment for two similar production lines...
NJEDA Backs Second Phase of HELIX NJ Project with $104 Million
The New Jersey Economic Development Authority has provided over $104 million in gap financing to support the construction of Nokia Bell Labs’ R&D tower, the second phase of the HELIX NJ project located at the former Ferren Mall site. This incentive follows a $271...
Tomball, Texas OKs Economic Agreements for Several Commercial Projects
In a move to boost local economic development, the Tomball City Council of Texas has approved several performance-based incentive agreements with businesses, aimed at supporting growth through retention grants, rental incentives, infrastructure grants, and job...
$20 Million Invested in 81 Community Projects Across Pennsylvania
The Shapiro Administration is investing $20 million through its Main Street Matters initiative to revitalize downtowns, boost business growth, and improve community infrastructure. The funding will be distributed across 81 projects throughout Pennsylvania, including...
Electronics Exempted from Tariffs, Easing Pressure on Tech Firms
Following President Trump's announcement of a 145% tariff on products from China, the White House recently stated that smartphones, computers, and other electronic devices and components including semiconductors, solar cells, flat panel TV displays, flash drives,...
South Dakota Greenlights $6.2 Million Grants for Three Projects
The South Dakota Governor’s Office of Economic Development (GOED) Board of Economic Development has approved several projects that will receive grants totaling over $6.2 million, contribute $419 million in capital expenditures to the state, and create 180 new jobs....
Flock Safety to Create 210 Jobs with $10 Million Smyrna, Georgia Facility for Advanced Public Safety Tools
Flock Safety is investing $10 million to open a 97,000-square-foot manufacturing facility in Smyrna, Georgia, which is expected to generate 210 jobs over the next three years. The facility will produce advanced public safety tools, including Drone as First Responder...
Manufacturer of Automative Parts to Invest $4.3 Million in New North Carolina Facility
Bailey Manufacturing Company (BMC), a stamped metal automotive parts manufacturer, will invest $4.3 million to open a new production facility in Laurinburg, North Carolina, creating 35 new jobs. The expansion will double the company’s production capacity and enhance...
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...
Minnesota Lawmakers Consider Expanding Use of TIF Funds Across the State
The Minnesota House Taxes Committee recently discussed two tax increment finance (TIF) proposals that could have statewide impact and may be included in the omnibus tax bill. HF 1159, sponsored by Rep. Cheryl Youakim, would allow cities to use unobligated TIF proceeds...
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