Tag: economic_development
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Sherrill Signs Executive Order Launching 'New Jersey Means Business' Economic Strategy
Governor Mikie Sherrill signs Executive Order No. 28, setting a four-pillar economic development agenda through 2030 with agency deadlines to cut business costs, grow key industries and create jobs.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborTradeEducation New Jersey Means BusinessMikie SherrillExecutive Order No. 28economic developmentNew Jersey Economic Development Authoritybusiness climatejob creationOffice of New Jersey Governor
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Governor Sherrill Welcomes Approval of New Jersey's 130 Opportunity Zones
New Jersey's 130 Opportunity Zones have been approved, with Governor Sherrill saying the designations will bring investment, housing and jobs to Trenton, Atlantic City and downtowns statewide.
Politics and GovernmentBusinessState GovernmentsReal EstateEconomySocial Issues Opportunity ZonesNew JerseyGovernor SherrillTrentonAtlantic Cityeconomic developmenthousingOffice of New Jersey Governor
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Spanberger Announces 153 Opportunity Zones Approved Across Virginia
The U.S. Treasury approved all 153 Opportunity Zone areas recommended by Governor Abigail Spanberger, aimed at boosting housing, downtown revitalization and economic growth across Virginia from January 2027.
Politics and GovernmentBusinessState GovernmentsEconomyReal EstateFederal Government Opportunity ZonesAbigail SpanbergerVirginiaU.S. Department of the Treasuryeconomic developmentCarrie CheneryVirginia Department of Housing and Community DevelopmentReston
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Ohio Gets 260 New Federal Opportunity Zones as Treasury Designates 6,576 Nationwide
All 260 tracts nominated by the DeWine Administration won Treasury approval, with Cuyahoga County receiving the most new designations at 39; the zones take effect Jan. 1, 2027 and run through 2036.
Politics and GovernmentBusinessUSAState GovernmentsEconomyReal EstateFederal GovernmentTax Policy Opportunity ZonesMike DeWineOhio Department of DevelopmentLydia Mihalikcensus tractsfederal tax incentiveseconomic developmentOhio Governors OfficeU.S. Department of the TreasuryInternal Revenue ServiceWorking Families Tax CutsScott Bessentrural communitiesTax Cuts and Jobs ActUS Treasury
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ClearFlow Metalworks to Build $28 Million Aluminum Plant in Logan County, Creating 50 Jobs
The phased project's first stage is a secondary aluminum billet casting facility with an estimated annual capacity of about 100,000 tons, backed by up to $1,000,500 in state tax incentives.
BusinessPolitics and GovernmentUSAEconomyEmployment and LaborState GovernmentsEnvironment ClearFlow MetalworksLogan CountyKentuckyaluminum manufacturingeconomic developmentAndy BeshearRussellvilleKentucky Governor's Office
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Nebraska Governor Pillen Announces 28 Census Tracts Approved in New Federal Opportunity Zones Program
Twenty-eight Nebraska census tracts submitted by Governor Jim Pillen this summer have been approved by the U.S. Treasury, bringing investment to rural and urban communities across all three congressional districts.
Politics and GovernmentBusinessUSAState GovernmentsFederal GovernmentEconomyReal Estate Jim PillenNebraskaOpportunity ZonesU.S. Treasurycensus tractseconomic developmentLincolnOffice of Nebraska Governor
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Governor Ivey Announces $9.3 Million in Growing Alabama Funding for Five Industrial Sites
Five Alabama industrial sites will share more than $9.3 million in Growing Alabama funding for site work and infrastructure, with Dothan's Westgate Super Site receiving the largest award at $3.5 million.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborReal Estate Growing AlabamaKay IveyAlabama Department of Commerceindustrial developmenteconomic developmentEllen McNairtax creditsAlabama Governor's Office
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Beshear Says $153 Million in Medical Debt Erased for 67,000 Kentuckians
The state is about 60% of the way to a $250 million relief goal, with a second round of letters expected to be mailed around the week of Nov. 9.
Politics and GovernmentHealthBusinessLaw EnforcementState GovernmentsEconomyElectionSocial IssuesEmployment and Labor Andy BeshearKentuckymedical debt reliefeconomic developmentKentucky electionsHalloween safetyhuman trafficking awarenessKentucky Governor's OfficeTeam Kentucky Medical Debt Relief Programmedical debtUndue Medical DebtAllison Sessoexecutive order
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Beshear: 137 Census Tracts Across 76 Kentucky Counties Approved for Opportunity Zone 2.0
All 137 census tracts recommended by Gov. Andy Beshear were approved for Opportunity Zone 2.0 designation, spanning 76 Kentucky counties and becoming active Jan. 1, 2027.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborTrade Opportunity Zone 2.0Andy BeshearKentuckyeconomic developmentjob creationcensus tractstax incentivesKentucky Governor's Office
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Beshear: Over $350,000 in State Funding Approved for Caldwell County Site Development
Kentucky approves more than $350,000 in state funding to prepare a nearly 20-acre Build-Ready site in Caldwell County, aiming to attract business investment and future jobs.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborReal Estate Andy BeshearCaldwell CountyKentucky Product Development InitiativePrincetonKentucky Economic Development Finance Authoritysite developmenteconomic developmentKentucky Governor's Office
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Nissin International Transport to Build $14.3 Million Distribution Center in Frankfort, Creating 30 Jobs
Nissin International Transport U.S.A. will open its first Kentucky operation in Franklin County Industrial Park 3, a $14.3 million distribution center supporting Toyota-affiliated suppliers and creating 30 jobs.
BusinessPolitics and GovernmentEconomyEmployment and LaborState GovernmentsTradeTransportation Nissin International TransportFranklin CountyFrankfortKentuckyAndy BeshearToyotaeconomic developmentKentucky Governor's Office
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Hyundai to Invest Nearly $450 Million in Montgomery Plant Expansion
Hyundai Motor Manufacturing Alabama will invest nearly $450 million to expand engine production for hybrid and extended-range electric vehicles and prepare for refreshed Santa Fe and all-new Tucson output.
BusinessPolitics and GovernmentEconomyState GovernmentsEmployment and LaborTransportationEnergy Hyundai Motor Manufacturing AlabamaKay IveyMontgomeryautomotive manufacturinghybrid vehicleseconomic developmentAlabamaAlabama Governor's Office
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Governor Ivey to Join Hyundai Alabama in Celebrating Nearly Half a Billion-Dollar Investment
Governor Kay Ivey will join Hyundai Motor Manufacturing Alabama on Wednesday to celebrate a nearly half a billion-dollar investment supporting vehicle production, engine manufacturing and next-generation propulsion technologies.
BusinessPolitics and GovernmentScience & TechnologyEconomyState GovernmentsEmployment and LaborTransportationEnergy Kay IveyHyundai Motor Manufacturing AlabamaMontgomeryAlabamaeconomic developmentautomotive manufacturingMark RaderAlabama Governor's Office
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Helix Electric Breaks Ground on $45.3 Million Jackson County Facility, Creating 160 Jobs
California-based Helix Electric has broken ground on a $45.3 million Advanced Fabrication Campus in Jackson County, Alabama, a project expected to create 160 jobs in a designated Target County.
BusinessPolitics and GovernmentEconomyEmployment and LaborState GovernmentsEnergy Helix ElectricJackson CountyKay IveyAlabama Department of Commerceeconomic developmentmanufacturingjob creationAlabama Governor's Office
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Ohio Approves 10 Projects Expected to Create 1,359 Jobs and $2.2 Billion in Investments
Ohio Tax Credit Authority approves 10 economic development projects expected to create 1,359 jobs, retain 1,824 and generate more than $2.2 billion in investments statewide.
BusinessPolitics and GovernmentEmployment and LaborEconomyState GovernmentsManufacturing OhioMike DeWineOhio Tax Credit AuthorityJobsOhioeconomic developmentjob creationBayerOhio Governors Office
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Sanders to Make Economic Development Announcement at Vantive in Mountain Home
Arkansas Governor Sarah Huckabee Sanders will make an economic development announcement at Vantive in Mountain Home on Tuesday, October 27, with media asked to RSVP and arrive by 3:00 p.m.
Politics and GovernmentBusinessState GovernmentsEconomyMedia Sarah Huckabee SandersArkansaseconomic developmentMountain HomeVantivemedia advisoryArkansas Governor
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Niagara Bottling Opens $141 Million Kenton County Plant, Creating 60 Jobs
Niagara Bottling has opened a $141 million production facility in Elsmere, Kenton County, creating 60 full-time jobs and exceeding its original investment by more than $11 million.
BusinessPolitics and GovernmentEconomyEmployment and LaborState GovernmentsTrade Niagara BottlingKenton CountyElsmereAndy Beshearmanufacturingeconomic developmentKentuckyKentucky Governor's Office
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Silco Fire & Security Breaks Ground on $6.4 Million Bullitt County Facility, With Up to 64 Jobs Planned
Silco Fire & Security has broken ground on a $6.4 million facility in Bullitt County, Kentucky, expected to create 20 jobs in three years and up to 64 in the future.
BusinessPolitics and GovernmentEconomyEmployment and LaborState GovernmentsReal Estate Silco Fire & SecurityBullitt CountyAndy BeshearKentucky Business Investmenteconomic developmentjob creationfire protectionKentucky Governor's Office
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Beshear Opens Applications for Kentucky Talent Recruitment Grants, Deadline Nov. 6
Kentucky is accepting applications for its Talent Recruitment Grant Program, offering up to $500,000 for local workforce relocation, retention and marketing efforts. The deadline is Nov. 6.
Politics and GovernmentBusinessEmployment and LaborEconomyState GovernmentsUSA Kentucky Talent Recruitment Grant ProgramAndy BeshearKentucky Cabinet for Economic Developmentworkforce developmenteconomic developmentFrankfortNew Kentucky HomeKentucky Governor's Office
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Spanberger Touts Rural Investments at Lexington Prosperity Summit
Virginia Governor Abigail Spanberger highlighted rural economic development at her Rural Prosperity Summit in Lexington, citing a $412.5 million Caroline County project and rural healthcare challenges.
Politics and GovernmentBusinessHealthUSAState GovernmentsEconomyEmployment and LaborAgricultureEducation Abigail SpanbergerRural Prosperity SummitVirginiaCaroline CountyRural HealthcareEconomic DevelopmentCarilion Rockbridge Community HospitalReston
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R/S-Godwin Truck Body Co. to Invest $17 Million in Floyd County, Creating 65 Jobs
Fourth-generation family-owned trucking equipment manufacturer R/S-Godwin is expanding in Floyd County, Kentucky, with a $17 million investment that will create 65 full-time jobs.
BusinessPolitics and GovernmentUSAEconomyEmployment and LaborState GovernmentsManufacturing R/S-Godwin Truck Body Co.Floyd CountyAndy BeshearKentuckyeconomic developmentjob creationKentucky Governor's Office
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Beshear, Rogers Announce $22 Million for Eastern Kentucky Revitalization
Gov. Andy Beshear and Congressman Hal Rogers announced more than $22 million in Abandoned Mine Lands Economic Revitalization funding for healthcare, infrastructure, energy, education and tourism projects across Eastern Kentucky.
Politics and GovernmentBusinessHealthUSAState GovernmentsFederal GovernmentEconomyEnergyEducation Eastern KentuckyAMLER programAndy BeshearHal Rogerseconomic developmentAbandoned Mine LandsSOAR SummitKentucky Governor's Office
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Arvato Opens Louisville Fulfillment Center, Creating 150 Kentucky Jobs
Arvato celebrated the grand opening of a nearly 400,000-square-foot fulfillment center in Louisville, its seventh site in the greater Shepherdsville area, creating 150 jobs.
BusinessPolitics and GovernmentEmployment and LaborEconomyState GovernmentsTrade ArvatoLouisvilleAndy BeshearKentuckyfulfillment centereconomic developmentlogisticsKentucky Governor's Office
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Lyon County Approved for Over $560,000 in State Funding for Site and Building Development
KEDFA approves over $560,000 in state funding for a Lyon County project to acquire 58 acres near the Eddyville Industrial Park and build a new rail spur.
Politics and GovernmentBusinessUSAEconomyState GovernmentsEmployment and LaborReal EstateTransportation Kentucky Product Development InitiativeLyon CountyEddyville Riverport and Industrial Development AuthorityAndy BeshearKentucky Economic Development Finance AuthorityEconomic DevelopmentEddyville Industrial ParkKentucky Governor's Office
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Gov. Beshear Designates October as Manufacturing Month in Kentucky
Beshear declares October Manufacturing Month as the industry employs over 260,000 Kentuckians, contributes $47.5 billion to GDP and drives the state's best six-year economic growth period.
BusinessPolitics and GovernmentUSAEconomyEmployment and LaborState GovernmentsTrade Manufacturing MonthAndy BeshearKentuckyeconomic developmentmanufacturing jobsFord Motor Co.GE AppliancesKentucky Governor's Office
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Kentucky Ranks 13th in Area Development's 2026 Top States for Doing Business
Kentucky placed 13th nationally in Area Development's 2026 Top States for Doing Business, its sixth straight year in the top 20 under Gov. Andy Beshear.
BusinessPolitics and GovernmentEconomyEmployment and LaborTradeState Governments KentuckyAndy BeshearArea DevelopmentTop States for Doing Businesseconomic developmentjob creationFord Motor Co.Kentucky Governor's Office
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Virginia Ranked No. 1 in Nation for Workforce Training by Area Development
Virginia's Talent Accelerator Program tops Area Development's 2026 workforce training ranking, adding to four straight No. 1 finishes in Business Facilities, with 22,000 jobs supported since 2019.
BusinessPolitics and GovernmentUSAEmployment and LaborEconomyState GovernmentsEducation Virginia Talent Accelerator ProgramArea DevelopmentAbigail Spanbergerworkforce trainingVirginia Economic Development PartnershipBusiness Facilities Rankings Reporteconomic developmentVirginiaReston
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Iowa Gov. Reynolds Signs MEGA Amendments, Clearing Path for $15 Billion Steel Mill
Gov. Kim Reynolds signed House File 2801 amending Iowa's MEGA tax credit program, allowing Mesabi Metallics to invest $15 billion in a steel plant — the largest such investment in U.S. history.
Politics and GovernmentBusinessUSAState GovernmentsEconomyEmployment and LaborEnergy Kim ReynoldsIowaMEGA programHouse File 2801Mesabi Metallicssteel manufacturingeconomic developmentIowa Governors Office
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Bayer to Invest $2.2 Billion in New Albany, Ohio Pharmaceutical Manufacturing Site
Bayer will build a $2.2 billion pharmaceutical manufacturing campus in New Albany, Ohio, creating about 600 permanent jobs and 1,500 construction jobs, with the first module set to open in 2031.
BusinessHealthPolitics and GovernmentScience & TechnologyEconomyEmployment and LaborState GovernmentsMedical Science BayerNew Albany OhioMike DeWineJobsOhiopharmaceutical manufacturingOhio Life Science Training Centereconomic developmentOhio Governors Office
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Alabama Rises to No. 7 in Area Development's Top States for Doing Business, Notching Three No. 1 Rankings
Alabama climbs to No. 7 nationally for doing business, earning top marks in property tax environment, overall cost of doing business and labor cost competitiveness, Governor Ivey announces.
BusinessPolitics and GovernmentUSAState GovernmentsEconomyEmployment and LaborTrade AlabamaArea DevelopmentKay IveyTop States for Doing Businesseconomic developmentEllen McNairAIDTAlabama Governor's Office