Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Saica Group Breaks Ground on $110M Cardboard Plant in Indiana
Spain-based Saica Group has broken ground on a $110 million corrugated cardboard plant in Anderson, Indiana, its second U.S. facility. The factory, spanning an area equivalent to six football fields, is expected to open by late 2026 and create over 100 jobs once fully...
Massachusetts Insurer Point32Health Cuts 254 Jobs Amid Rising Medical Costs
Point32Health, Massachusetts’ second-largest health insurer, has eliminated 254 jobs in a second round of layoffs driven by mounting health care and pharmaceutical costs. The reductions, which follow 110 layoffs in March, represent about 6.7% of its workforce. The...
U.S. Budget Deficit Narrows as Tariff Revenues Surge
The U.S. budget deficit dipped to $1.78 trillion in fiscal 2025, a 2.2% decline from the prior year, as record-high tariff collections helped offset surging interest payments on the $38 trillion national debt. Tariffs brought in $202 billion for the year, driven by...
Tariff Costs Trickle Down to U.S. Consumers
A new analysis from the Federal Reserve Bank of St. Louis finds that tariffs imposed by the Trump administration this year are pushing up prices for furniture, car parts, electronics, and other imported goods. The study estimates that these levies added 0.5 percentage...
NEMO Industries to Build $3 Billion Pig Iron Plant in Louisiana
NEMO Industries, an AI-powered ironmaking firm, announced plans to build a $3 billion pig iron facility in Donaldsonville, with construction slated to start in 2027 and operations beginning by 2030. The multistage project will create 850 full-time jobs and 1,500 peak...
VFP Inc. to Invest $35 Million in Duffield Expansion, Adding 200 Jobs in Southwest Virginia
VFP Inc. announced a $35 million expansion of its Duffield facility, a move that will create up to 200 new jobs in Scott County, Virginia. The project includes a 135,000-square-foot integration building and a 90,000-square-foot metal fabrication facility, expected to...
More Than 2,000 Interior Department Jobs on the Line Amid Shutdown
The U.S. Department of the Interior is preparing to lay off more than 2,000 federal employees across agencies including the National Park Service, Fish and Wildlife Service, and U.S. Geological Survey as the government shutdown stretches into its fourth week. The...
MA Governor Healey Forms Advisory Council to Strengthen State Economy
Governor Maura Healey has established the Governor’s Advisory Council on Competitiveness to strengthen Massachusetts’ economic leadership and attract new investment. The council will be co-chaired by Dan Kenary of Harpoon Brewery and Mark Nunnelly of Toolbox Holdings,...
St. Clair County Transit District Generates $129.5 Million in Annual Economic Impact
A new study commissioned by the St. Clair County Transit District and Citizens for Modern Transit found that SCCTD’s operations generate a direct annual economic impact of $129.5 million in St. Clair County, Illinois. The report also shows that rider spending creates...
ACG to Build $200 Million Capsule Manufacturing Plant in Atlanta, GA
India-based ACG is investing $200 million to build its first U.S. capsule manufacturing facility in Atlanta, Georgia, expected to open in early 2027. The project will produce gelatin and vegetarian hard-shell capsules and generate more than 200 jobs. The investment...
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