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Site Selection Stories: Toyota/Mazda, Part 1 - JLL Chicago Blog
Toyota’s 14 American vehicle, assembly and component plants have proved to be major boons for the markets they locate in, creating jobs and economic ecosystems that far exceed each factory’s four walls.
economic-development  site-selection  Around-the-web  this-week-434  alabama  south  manufacturing  jobs  toyota  mazda 
yesterday by areadevelopment
As Amazon narrows choice for HQ2, these cities finishing strong - CNBC
Amazon could narrow the finalists as soon as this month for the new headquarters and the 50,000 jobs it says will go with it.
this-week-434  Around-the-web  Matt  amazon  HQ2  headquarters  economic-development  site-selection  jobs  taxes-incentives  e-commmerce  ecommerce 
yesterday by areadevelopment
States’ fiscal picture improves with growing economy - SSTI
The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.
economic-analysis  state-rankings  Around-the-web  this-week-434 
yesterday by areadevelopment
Automated vehicles will create a shift in workforce demands - MSUToday - Michigan State University
Due to existing truck driver worker shortages, and the belief that automated technology will largely support truck drivers instead of replacing them, truck drivers are not likely to be displaced in large numbers.
automotive-industry  workforce-training  freight-logistics  trucking  autonomous-vehicles  Around-the-web  this-week-434 
yesterday by areadevelopment
Commentary: Making the most of federal funds for regional innovation - SSTI
At the end of this month, applications are due for two of the federal government’s most notable programs for funding clusters and regional innovation initiatives: the SBA’s Regional Innovation Clusters (RIC) program and the EDA’s Regional Innovation Strategies (RIS) program. As practitioners develop their proposals for these programs, it is worth considering potential lessons learned from the successes of previous awardees and the major challenges they have faced.
innovation-hubs  research-commercialization  research&development  government-policy  economic-development-news  Around-the-web  this-week-434 
yesterday by areadevelopment
Why the U.S. Needs More Worker-Owned Companies - HBR
The gap in wealth in the United States between the ultrawealthy and everyone else has reached its widest point in decades. One way to narrow the divide is through the use of worker buyouts, in which ownership of a company transfers from a single person or a small number of people to the workers of the company.
economic-analysis  standard-of-living  quality-of-life  Around-the-web  workforce-development  this-week-434 
yesterday by areadevelopment
The Rust Belt needs capital to turn talent and innovation into jobs - Brookings
A unique economic and social development storyline unites the industrial heartland, extending across all or part of 12 states from Minnesota and Missouri in the West, through the Great Lakes and up the Ohio River Valley to Western New York, and to Pennsylvania and West Virginia in the East. The region has many economic challenges, but also boasts important economic strengths, perhaps none as important as the tremendous innovation and talent emerging from its companies and universities. 
rust-belt  capital-access  innovation-hubs  university-economic-development  regional-reports  midwest  mid-atlantic  Around-the-web  this-week-433-top 
3 days ago by areadevelopment
What Happened After the Last HQ2 Competition - Urbanophile
When I traveled to Oklahoma City for the first time a few years ago I was shocked to discover that in the civic narrative of the city’s transformation – it’s origin story if you will – the triggering event for change was losing a competition for a United Airlines maintenance facility in 1991 to Indianapolis.
urban-planning  oklahoma  oklahoma-city  Aerospace  industry-clusters  economic-development-news  HQ2  Around-the-web  this-week-433 
3 days ago by areadevelopment
Louisville’s Urban Bourbon Movement -
As a spirt, bourbon is heavily associated with the state of Kentucky. But while major spirits firm Brown-Forman is located in Louisville, traditionally bourbon was distilled in rural – and ironically, dry – counties like, say, Bourbon County.

But Louisville has managed to stake out a position for itself as the basecamp for Kentucky’s bourbon trail. Also, there’s been a major move of distillers into the city. There are micro-distilleries everywhere these days, but what distinguishes Louisville here is the big money that’s been poured into in-city facilities.
industry-clusters  liquor-spirits-industry  regional-reports  kentucky  louisville  urban-revitalization  Around-the-web  this-week-433 
3 days ago by areadevelopment
Booming Seattle struggles to stay affordable - Open for all? - Economist
FOR the third consecutive year, Seattle has the most cranes in operation of any city in America—three times as many as New York. Long a placid, drizzly company town, the place is booming. Since 2010 Seattle has grown more quickly than any other large American city, thanks in part to the success of Amazon and Microsoft, two local technology firms. Entrepreneurs are flocking there, repelled by the obscene costs of San Francisco.
Metros  seattle  innovation-hubs  industry-clusters  Around-the-web  cost-of-doing-business  cost-of-living  this-week-433 
3 days ago by areadevelopment
U.S. Small-Business Owners' Optimism at Record High - Gallup
U.S. small-business owners are more optimistic now than at any point in the 15-year history of the Wells Fargo/Gallup Small Business Index. In the latest quarterly survey, which measures small-business owners' attitudes about a wide variety of factors affecting their businesses, the overall index score is +118. This is higher than prior 2018 measures -- with Quarter 2, 2018, at +106 and Quarter 1 at +107. The index now sits just above the record-high +114 from 2006.
small-business  economic-indicator-reports  executive-surveys  Around-the-web  this-week-433 
3 days ago by areadevelopment
Portsmouth, Va., Pins its Economic, Social Future on High-Speed Connectivity - Govtech
The city will build its own fiber-optic infrastructure to boost economic development, improve city services and close a significant digital divide.
regional-reports  economic-development-news  ICT  infrastructure  virginia  Around-the-web  this-week-433 
3 days ago by areadevelopment
Mega-Deals Give Cross-Border Investment Volume a Boost in H1 2018 - NREI
Foreign capital is continuing to pour into U.S. real estate. Transactions led by cross-border buyers jumped 27 percent during the first half of the year compared to overall investment sales that rose just 2 percent during that period, according to research firm Real Capital Analytics (RCA). Yet large-scale portfolio and entity-level deals are giving foreign-led transaction volume an added boost, while the sale of individual assets is declining.
fdi-USA  corporate-real-estate  Around-the-web  this-week-433 
3 days ago by areadevelopment
Infrastructure spending: States that are falling apart - USA TODAY
In the Donald Trump era, the United States appears to be more politically divided than it has been in decades.
this-week-433  Around-the-web  Matt  infrastructure 
3 days ago by areadevelopment
Michigan Central Station project in Corktown to cost Ford $740M - Detroit Free Press
Ford will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit's Corktown neighborhood, the company said Tuesday night.
this-week-433  Around-the-web  Matt  Ford  automotive-industry  detroit  Michigan  midwest  real-estate  urban-planning  urban-revitalization 
3 days ago by areadevelopment
Rails increasingly in sweet spot as trucking capacity crisis hits peak season - Logistics Management
Railroads are capitalizing on the acute shortage of drivers in the trucking industry as capacity constraints limit truckers’ ability to compete on some long-haul deferred bulk freight.
rail-logitsics  freight-logistics  trucking  supply-chain  logistics  Around-the-web  this-week-433-top 
4 days ago by areadevelopment
Hope Is Not a Plan: The Myth of American Manufacturing - IndustryWeek
America needs manufacturing. But before we can upend its decline, we must acknowledge the posturing and false mystique around it and begin the real work of changing.
this-week-434  Around-the-web  Matt  manufacturing 
4 days ago by areadevelopment
Orlando among cities named to top American boomtowns list - Orlando Business Journal
A new ranking of top American boomtowns by MagnifyMoney puts Orlando 14th, along with two other Florida cities in the top 25.
this-week-433  Around-the-web  Matt  cities  economic-development 
4 days ago by areadevelopment
Parts Shortages Crimp U.S. Factories - WSJ
As suppliers struggle to meet demand, Caterpillar fights to fill orders and Oshkosh idles crane output
this-week-433  Around-the-web  Matt  manufacturing  supply-chain 
5 days ago by areadevelopment

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