Tag: economic_development
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Virginia Rises to Third in CNBC's Top States for Business Rankings
Virginia climbed to No. 3 in CNBC's 2026 Top States for Business, recognized for its strong infrastructure, skilled workforce, and high quality of life, making it a premier destination for long-term investment and growth.
BusinessScience & TechnologyPolitics and GovernmentEconomyEmployment and LaborArtificial IntelligenceComputers and InternetEducationState Governments VirginiaCNBCBusiness InvestmentEconomic DevelopmentInfrastructureWorkforceQuality of LifeFairfax County Economic Development AuthorityReston
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Virginia Climbs to Third in CNBC's Top States for Business Rankings
Virginia rises to #3 in CNBC's "America's Top States for Business" rankings. Governor Spanberger credits bipartisan efforts in infrastructure, education, and affordability, pledging continued focus on economic growth and aiming for the top spot.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborEducationTransportation VirginiaAbigail SpanbergerCNBCBusiness RankingsEconomic DevelopmentInfrastructureCost of LivingReston
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Michigan Rises to No. 6 in National Business Rankings Under Governor Whitmer
Michigan has climbed to No. 6 in CNBC's 2026 'America's Top States for Business' rankings, a significant jump from 24th in 2019. Governor Whitmer credits job creation, manufacturing, and workforce development for the state's economic success.
BusinessPolitics and GovernmentScience & TechnologyState GovernmentsEconomyEmployment and LaborEducationTransportation MichiganGretchen WhitmerCNBCEconomic DevelopmentRankingsWorkforceOffice of Michigan Governor
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Ohio Named CNBC's No. 1 State for Business in 2026
Ohio has achieved CNBC's top ranking for business in 2026, a first for the state. Governor DeWine highlighted strategic investments in infrastructure, workforce, and education as key drivers for this significant economic milestone.
Politics and GovernmentBusinessMediaState GovernmentsEconomyEmployment and LaborEducation OhioEconomic DevelopmentGovernor Mike DeWineWorkforce DevelopmentInfrastructureCNBCOhio Governors Office
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Virginia Secures #3 Spot in CNBC's Top States for Business Rankings
Virginia has climbed to #3 in CNBC's 'America’s Top States for Business' rankings. Governor Spanberger credits strategic investments in infrastructure, workforce development, and a collaborative business environment for attracting over $5 billion in new investments and 3,000 jobs.
BusinessPolitics and GovernmentEconomyEmployment and LaborEducationState GovernmentsTransportation VirginiaAbigail SpanbergerCNBCBusiness RankingsEconomic DevelopmentInfrastructureWorkforce DevelopmentReston
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Zotefoams Inc. Unveils $13.8 Million Expansion in Walton, Marking 25 Years in Kentucky
Zotefoams Inc. celebrates its 25th anniversary in Northern Kentucky with a $13.8 million expansion of its Walton headquarters. This investment boosts manufacturing output, creates jobs, and strengthens the supply chain for high-performance foam materials.
BusinessPolitics and GovernmentUSAEconomyEmployment and LaborState GovernmentsEducation Zotefoams Inc.Walton, KentuckyManufacturingEconomic DevelopmentFacility ExpansionHigh-Performance FoamNorthern KentuckyKentucky Governor's Office
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Governor DeWine Enacts Broad Legislative Package in Ohio
Ohio Governor Mike DeWine signed 13 bills into law, enhancing public safety, criminal justice, and economic development. New legislation addresses emergency responder protection, drone use by law enforcement, litigation funding, and education reforms across the state.
Politics and GovernmentLaw EnforcementBusinessScience & TechnologyState GovernmentsLegalEducationTransportationAgriculture OhioGovernor Mike DeWineLegislationPublic SafetyCriminal JusticeEconomic DevelopmentOhio Governors Office
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U.S. Census Bureau to Host Free Webinar on Business Builder Tool
The U.S. Census Bureau is offering a free webinar on July 8 to demonstrate its Census Business Builder tool. Learn how this resource provides actionable insights for business planning, market research, and economic development.
BusinessPolitics and GovernmentEconomyFederal GovernmentEducationComputers and InternetEmployment and Labor U.S. Census BureauCensus Business BuilderWebinarBusiness PlanningMarket ResearchEconomic DevelopmentData Tool
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Virginia Earns Fourth Consecutive #1 Ranking for Customized Workforce Training
Virginia's Talent Accelerator Program secures its fourth consecutive #1 national ranking for customized workforce training from Business Facilities. Governor Spanberger announced the achievement, highlighting the program's role in job creation and economic growth, alongside recognition for InternshipsVA.
Politics and GovernmentBusinessGeneral PoliticsState GovernmentsEconomyEmployment and LaborEducation VirginiaWorkforce TrainingVirginia Talent Accelerator ProgramBusiness FacilitiesAbigail SpanbergerEconomic DevelopmentInternshipsVAReston
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Virginia Faces Legal Battles Over Gun Laws, Budget Boosts Health Coverage, and Data Center Debate Intensifies
A three-judge panel rejects consolidating gun law challenges, while Virginia's new budget allocates $150 million for health insurance. The state also joins a push against new ICE policies, and data center expansion sparks local debate.
Politics and GovernmentBusinessHealthLaw EnforcementGeneral PoliticsLegalEconomySocial IssuesEnergyEducation VirginiaGun LawsHealth InsuranceData CentersImmigrationState BudgetEconomic DevelopmentVirginia NewsReston
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Virginia Budget Preserves Data Center Tax Break, Legalizes Recreational Cannabis Sales
Virginia's new budget preserves a $2 billion data center tax break while adding an energy tax. It also legalizes recreational cannabis sales, raises state employee pay, and enacts new gun laws, impacting residents statewide.
Politics and GovernmentBusinessScience & TechnologyHealthGeneral PoliticsEconomyEnvironmentEducationSocial Issues VirginiaData CentersCannabisState BudgetTaxationLegislationEconomic DevelopmentVirginia NewsReston
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Ohio Governor DeWine Highlights Economic Growth, Public Safety, and Key State Initiatives
Governor DeWine's weekly review details significant job creation, $1.1 billion in investments, brownfield cleanup, education funding, rural health initiatives, and a new Ohio State Fair carousel.
Politics and GovernmentBusinessHealthWeatherState GovernmentsEconomyEducationSocial IssuesReal EstateGeneral Weather OhioEconomic DevelopmentJob CreationBrownfield RemediationStructured LiteracyRural HealthOhio State FairOhio Governors Office
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Gov. Whitmer, Legislative Leaders Announce Bipartisan FY27 Michigan Budget
Michigan Governor Gretchen Whitmer and legislative leaders passed a $75.2 billion bipartisan budget for FY27, focusing on lowering costs, improving student literacy, protecting Medicaid, and fixing roads across the state.
Politics and GovernmentHealthBusinessLaw EnforcementState GovernmentsEducationEconomyEmployment and Labor MichiganGovernor Gretchen WhitmerFY27 BudgetMedicaidInfrastructureEconomic DevelopmentOffice of Michigan Governor
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Gov. Beshear Updates Kentucky on Flood Response, Economic Growth, and Public Initiatives
Governor Beshear provided updates on Kentucky's flood response, economic development, state parks, and domestic violence initiatives. He also announced bridge repairs and housing for flood survivors, while recognizing emergency responders.
Politics and GovernmentHealthBusinessWeatherState GovernmentsEconomySocial IssuesTransportation Kentuckyfloodingemergency responseeconomic developmentstate parksdomestic violencebridge repairKentucky Governor's Office
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Kentucky Governor Beshear Opens $200 Million Horse Soldier Farms Distillery in Somerset
Governor Andy Beshear celebrated the grand opening of Horse Soldier Farms, a new $200 million distillery and tourism attraction in Somerset, Kentucky, poised to significantly boost the region's economy and bourbon industry.
BusinessPolitics and GovernmentGeneral PoliticsState GovernmentsEconomyEmployment and Labor Horse Soldier FarmsSomerset, KentuckyDistilleryBourbonTourismEconomic DevelopmentPulaski CountyKentucky Governor's Office
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Fairfax County Drives Virginia's Gold Shovel Award for Economic Growth
Fairfax County's contributions to job creation and economic development helped Virginia secure the 2026 Gold Shovel Award. Two companies, Systems Planning & Analysis and 22nd Century Technologies, are adding over 2,000 jobs, reinforcing Northern Virginia's tech and national security prominence.
Politics and GovernmentBusinessWeatherGeneral PoliticsEconomyEducationGeneral WeatherReal Estate Fairfax CountyVirginiaGold Shovel AwardJob CreationEconomic DevelopmentTechnologyNational SecurityFairfax County GovernmentRestonVA
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Treasury Opens New Opportunity Zone Nomination Cycle
The U.S. Treasury has opened the next nomination cycle for Qualified Opportunity Zones, a program renewed under President Trump's Working Families Tax Cuts. This initiative aims to attract private investment and foster economic growth in underserved communities, with new designations…
Politics and GovernmentBusinessFederal GovernmentEconomyEmployment and LaborSocial Issues Opportunity ZonesUS TreasuryEconomic DevelopmentWorking Families Tax CutsPresident TrumpCommunity DevelopmentInvestment
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Governor Spanberger Announces $40 Million Rural King Investment, 150 New Jobs in Henry County
Governor Spanberger announced Rural King's $40 million investment in a Henry County distribution center, creating 150 jobs. The project reuses an existing facility, bolstering Virginia's logistics and economic development.
Politics and GovernmentBusinessUSAGeneral PoliticsState GovernmentsEconomyEmployment and Labor Abigail SpanbergerRural KingHenry CountyVirginiaDistribution CenterJob CreationEconomic DevelopmentReston
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Federal Agencies Release 2026 List for CRA Credit Eligibility
Federal bank regulators have issued the 2026 list of distressed or underserved nonmetropolitan middle-income geographies. Banks performing revitalization activities in these areas can receive Community Reinvestment Act credit for 12 months, supporting local economic development.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomySocial IssuesEmployment and Labor Community Reinvestment ActCRA CreditDistressed GeographiesUnderserved AreasNonmetropolitanBanking RegulationEconomic DevelopmentOffice of the Comptroller of the Currency (OCC)
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Ohio Governor DeWine Unveils Seven Projects Bringing 1,221 New Jobs and $1.1 Billion Investment
Ohio Governor Mike DeWine announced seven projects approved by the Ohio Tax Credit Authority, set to create 1,221 new jobs and attract over $1.1 billion in investments across the state, boosting manufacturing, biotech, and defense sectors.
BusinessPolitics and GovernmentEconomyEmployment and LaborState GovernmentsManufacturingMilitaryScience & Technology OhioJob CreationEconomic DevelopmentInvestmentsBiotechDrone TechnologyOhio Governors Office
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Arlington Secures $4.2 Million GO Virginia Grant for Innovation and Economic Growth
Arlington Economic Development secured $4.2 million in GO Virginia grants to boost the National Innovation Quarter, fostering innovation in cybersecurity, AI, and robotics. An additional grant will fund a study on future office demand across Virginia's urban centers.
BusinessScience & TechnologyPolitics and GovernmentEconomyEmployment and LaborArtificial IntelligenceComputers and InternetState GovernmentsReal Estate Arlington CountyGO VirginiaNational Innovation QuarterEconomic DevelopmentInnovationCommercial Real EstateVirginiaArlington County GovernmentReston
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Governor Spanberger Announces $5.6 Million in GO Virginia Grants for Economic Growth
Governor Abigail Spanberger announced over $5.6 million in GO Virginia grants, matched by $4.5 million, to boost energy, manufacturing, and national security, creating jobs and fostering economic growth across Virginia.
BusinessPolitics and GovernmentScience & TechnologyEconomyEmployment and LaborState GovernmentsEducationArtificial Intelligence Abigail SpanbergerGO VirginiaEconomic DevelopmentVirginiaGrantsJob CreationAdvanced ManufacturingReston
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Governor Beshear Details Kentucky's Economic Growth, Crime Decline, and Budget Challenges
Governor Andy Beshear provided updates on Kentucky's economic growth, a drop in serious crime, a cold case arrest, and state budget issues, while also addressing gas prices and announcing Juneteenth pardons.
Politics and GovernmentBusinessHealthLaw EnforcementState GovernmentsEconomyMedical ScienceLegalSocial Issues KentuckyEconomic DevelopmentCrime ReductionState BudgetLee Specialty ClinicGas TaxPosthumous PardonsKentucky Governor's Office
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Kentucky Approves Over $6.1 Million in State Funding for Site and Building Development in Five Counties
Kentucky's Governor Andy Beshear announced over $6.1 million in state funding for site and building development in five counties, boosting future investment and job creation through the Kentucky Product Development Initiative.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborEnergy KentuckyEconomic DevelopmentSite DevelopmentJob CreationInfrastructureAndy BeshearKPDIKentucky Governor's Office
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Space Tango to Expand Lexington Headquarters with $7.4 Million Investment, Creating 25 New High-Wage Jobs
Space Tango, a leader in commercial space infrastructure, will invest $7.4 million to expand its Lexington headquarters, creating 25 high-wage jobs. This move highlights Kentucky's growing aerospace and technology sectors and the state's economic momentum.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsState GovernmentsEconomyEmployment and LaborAstronomy and Space Space TangoLexingtonKentuckyAerospaceTechnologyJob CreationEconomic DevelopmentKentucky Governor's Office
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Kentucky Secures $6.6 Million for Eastern Kentucky Water Infrastructure and Economic Growth
Kentucky Governor Andy Beshear and Congressman Hal Rogers announced $6.6 million in federal funds for Eastern Kentucky. The investment will expand water and wastewater services in Knott and Wolfe counties, supporting economic growth and residential development.
Politics and GovernmentBusinessHealthUSA KentuckyEastern KentuckyAMLER ProgramWater InfrastructureWastewater TreatmentEconomic DevelopmentGovernment FundingKentucky Governor's Office
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Texas Communities Receive Over $9.4 Million in EPA Brownfields Grants
The EPA has awarded over $9.4 million in Brownfields grants to eight Texas communities. This funding will accelerate the cleanup and redevelopment of polluted sites, fostering economic growth and environmental protection across the state.
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentEconomyEnvironment EPABrownfields GrantsTexasEnvironmental CleanupEconomic DevelopmentCommunity RevitalizationTrump Administration
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EPA Awards $4.5 Million in Brownfields Grants to Revitalize Louisiana Communities
The EPA has allocated $4.5 million in Brownfields grants to Louisiana, funding cleanup and redevelopment projects in Shreveport and other areas. This initiative aims to transform polluted sites into economic assets, creating jobs and fostering community revitalization.
Politics and GovernmentBusinessFederal GovernmentEconomyEnvironmentGeneral Politics EPABrownfieldsLouisianaShreveportEnvironmental CleanupEconomic DevelopmentGrants
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EPA Awards $2.5 Million in Brownfields Grants to Revitalize Arkansas Communities
The EPA awarded $2.5 million in Brownfields grants to Crossett and Russellville, Arkansas, to clean up polluted sites. This funding aims to revitalize communities, create jobs, and boost economic growth by transforming contaminated properties.
Politics and GovernmentBusinessUSAGeneral PoliticsFederal GovernmentEconomyEnvironmentSocial Issues EPABrownfields GrantsArkansasCrossettRussellvilleEnvironmental CleanupEconomic Development
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EPA Awards Over $4.4 Million in Brownfields Grants to Oklahoma Communities
The EPA has announced over $4.4 million in Brownfields grants for Oklahoma, targeting the cleanup and redevelopment of polluted sites. This funding aims to revitalize communities, create jobs, and boost economic growth across the state, supporting the Trump Administration's initiative.
Politics and GovernmentBusinessFederal GovernmentState GovernmentsEconomyEnvironmentSocial Issues EPABrownfieldsOklahomaGrantsEnvironmental CleanupEconomic DevelopmentTrump Administration