areadevelopment + regional-reports   735

State of the Heartland: Factbook 2018 - Brookings
The State of the Heartland: Factbook 2018 benchmarks the performance of the 19-state American “Heartland” on 26 socioeconomic measures and is intended to help Heartland leaders and citizens better comprehend the region’s current trajectory at a time of rapid economic and social change.
midwest  plains-states  regional-reports  state-rankings  economic-indicator-reports-analysis  demographics  Around-the-web  economic-indicator-reports  this-week-439  south 
october 2018 by areadevelopment
Maine’s Mill Towns Search for New Life - WSJ
Once reliant on the paper industry, towns look to diversify and draw new businesses
Around-the-web  maine  regional-reports  paper-industry  new-england  this-week-438 
october 2018 by areadevelopment
Why millennials are flocking to Rust Belt real estate - CNBC
As real estate prices in major U.S. cities continue to soar, some young buyers and renters have decided to take their business elsewhere. They're investing in homes in such states as Ohio, Michigan and Wisconsin, experts say, in search of more affordable living and new places to plant down roots.
market-reports  regional-reports  real-estate  midwest  Around-the-web  this-week-437 
september 2018 by areadevelopment
The flourishing Midwest - Nice change - The Economist
The Midwest is not monolithic but rather a tale of at least two rustbelts, says John Austin of the Michigan Economic Centre, a think-tank. Bigger old industrial cities such as Minneapolis, which used to live off flour-milling, Pittsburgh, which made steel for the whole country, and Indianapolis, once home to dozens of carmakers, have turned a corner.
midwest  regional-reports  Metros  urban-revitalization  indianapolis  minneapolis  pittsburgh  Around-the-web  this-week-436 
august 2018 by areadevelopment
Northern Cities Need to Ramp It Up on Attraction - The Urbanophile
Many Midwest cities have been doing well. Even the ones with poor headline numbers like Cleveland are seeing areas of strength when you look at a finer grained level. Some of the declines Midwest locations are experiencing are a result of the overhang of previous decline. Change and restructuring is happening in many places.
regional-reports  Metros  midwest  milwaukee  cleveland  Around-the-web  this-week-435-top 
august 2018 by areadevelopment
Tech and Manufacturing Driving Growth in Southern U.S. Markets - Urban Land Magazine
Austin is but one of the cities in states in the U.S. South—Texas, Louisiana, Alabama, Florida, Georgia, the Carolinas, and Tennessee—that are experiencing expanding economies and increasing development. Technology, tourism, education, medical, and manufacturing are among the industries driving the real estate sector in the region.
regional-reports  south  south-atlantic  Around-the-web  market-reports  this-week-435 
august 2018 by areadevelopment
The Latest: Foxconn, UW-Madison sign $100 million agreement - The Washington Post
Foxconn Technology Group says it will invest $100 million in engineering and innovation research at the University of Wisconsin-Madison.
public-private-partnerships  university-economic-development  foxconn  wisconn  wisconsin  regional-reports  fdi-USA  Around-the-web  this-week-435 
august 2018 by areadevelopment
Introducing Regional Underemployment - Chmura
The unemployment rate in the United States is at historically low levels, coming in at 3.9% for July 2018, with many observers suggesting the nation is now at full employment. Despite the low unemployment rate, some questions remain about the state of the workforce. For example, one question is “how is the employment being utilized?” Or to put it another way, just because people have jobs right now, does that mean they have good jobs? One way to measure employment utilization is to look at the underemployment rate.
labor  underemployment  demographics  Around-the-web  economic-analysis  regional-reports  skills-gap  this-week-435  insider-9-10-2018 
august 2018 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 
august 2018 by areadevelopment
Louisville’s Urban Bourbon Movement - Newgeography.com
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 
august 2018 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 
august 2018 by areadevelopment
From rust belt to robot belt: Turning AI into jobs in the US heartland - MIT Technology Review
The symbolism of robots moving into a former steelworks is lost on few people in the city. Pittsburgh is reinventing itself, using the advances in automation, robots, and artificial intelligence coming out of its schools—particularly Carnegie Mellon University (CMU)—to try to create a high-tech economy. Lawrenceville, five miles from Hazelwood, has become a center for US development of self-driving cars.
industry4.0  automation  AI  rust-belt  midwest  regional-reports  pittsburgh  uber  Around-the-web  this-week-429 
june 2018 by areadevelopment
Silicon Valley tech's great Midwest migration - The Hustle
Investors are flocking to Middle American cities like Omaha and Des Moines. Startups are forgoing the paradisiacal pastures of California for a little Midwestern mojo. And the “Silicon Prairie” — cornfields and all — is having a moment in the unrelenting sun.
midwest  venturecapital  regional-reports  silicon-valley  high-tech  startup  Around-the-web  this-week-428 
june 2018 by areadevelopment
Brain Gain: Professionals Find Niche in Rural Upper Midwest - Daily Yonder
Winchester looked at Census data to show that the so-called rural “brain drain” popularized in the 2009 book “Hollowing Out the Middle” is being countered by “brain gain.” Rural communities may be losing high school graduates, but they’re gaining residents with more skills and education, according to studies in Minnesota and Nebraska. In Minnesota, Winchester found that most rural Minnesota counties have gained 30- to 49-year-olds, early- to mid-career Minnesotans with significant resources and connections. 
workforce-mobility  diaspora  leading-locations  rural-economic-development  rural-economy  minnesota  wisconsin  Around-the-web  brain-drain  brain-gain  midwest  regional-reports  this-week-427-top  sfp-insider-7-13-2018 
june 2018 by areadevelopment
California Must Be Doing Something Right in Trump’s America - Bloomberg
Just about every policy Donald Trump imposes to make his America great is opposed by the world's fifth-largest economy. That would be California, which is growing faster and outperforming the U.S. in job growth, manufacturing, personal income, corporate profits and the total return of its bonds.
california  economic-analysis  government-policy  regional-reports  this-week-426  Around-the-web  leading-locations  sfp-insider-7-13-2018 
may 2018 by areadevelopment
Small Nevada businesses struggle to find qualified candidates – Las Vegas Review-Journal
High and many other small-business owners in Nevada have hit a wall finding employees with the right skill sets. A 2018 survey by Nevada State Bank and Applied Analysis found more than two-thirds of businesses find it somewhat or very difficult to recruit qualified candidates. The state’s education system and a lack of economic diversification may be at fault, experts say.
jobs  workforce-availability  skilled-labor  skills-gap  workforce-training  las-vegas  regional-reports  Nevada  Around-the-web  sfp-insider-6-13-2018 
may 2018 by areadevelopment
Minnesota Manufacturers Face Potential Labor Shortage - US News
An annual manufacturing survey by a Minnesota industry organization shows the sector may face labor shortages.
regional-reports  midwest  minnesota  u.s.-manufacturing  labor  labor-shortages  skilled-labor  skills-gap  Around-the-web  this-week-425 
may 2018 by areadevelopment
The Midwest Is Booming—Just Not Where You Think - Newgeography.com
The Midwest is booming, but not where you might think. Kansas City, Minneapolis, Indianapolis, Columbus, Grand Rapids, and Des Moines are the fastest-growing cities in the Midwest—lapping bigger hubs like Detroit, Cleveland, Buffalo, Pittsburgh, St. Louis, and even Chicago that are still suffering from stagnant economies and slow or even negative population growth.
regional-reports  midwest  leading-locations  Metros  economic-indicator-reports-analysis  demographics  Around-the-web  this-week-423  sfp-insider-7-13-2018 
may 2018 by areadevelopment
Looking ahead for the Twin Ports - Federal Reserve Bank of Minneapolis
District Spotlight: Outreach visit to Duluth-Superior shows a region trying to find a complement—not a replacement—for its high-value legacy industries
economic-analysis  regional-reports  midwest  minnesota  Michigan  Around-the-web  this-week-421 
april 2018 by areadevelopment
Renewing America’s economic promise through older industrial cities - Brookings
The middling performance of communities with historically strong manufacturing cores is a key feature of America’s uneven economic growth. These so-called older industrial cities, predominantly located in the Midwest and Northeast, have struggled over time to grow jobs in new sectors and to boost employment and income, particularly for their communities of color. They range from very large cities like Baltimore and Detroit, to smaller communities like Schenectady, New York, and Terre Haute, Indiana.
rust-belt  factory-towns  u.s.-manufacturing  Around-the-web  regional-reports  midwest  mid-atlantic  new-england  this-week-420 
april 2018 by areadevelopment
IN DEPTH: Counties want long-term solution to Wisconsin's infrastructure crisis - wiscnews.com
Of the proposed $1.5 trillion in federal funding, only $200,000 billion stems from direct federal spending, with the remainder falling on the shoulders of state and local governments which can gain access to the funding only if they match federal allocation on a 4-1 ratio. 
government-policy  infrastructure  wisconsin  regional-reports  Around-the-web  this-week-420 
april 2018 by areadevelopment
Steel Tariffs Could Crunch Foreign Carmakers In The U.S. South - NPR
Mercedes Benz USA showed off its new headquarters in Atlanta - all in the midst of a possible trade war that could affect the car industry in the South, which has become a truly global car market.
automotive-industry  regional-reports  south  Georgia  Tennessee  steel-industry  free-trade-agreements  foreign-trade-policy  germany  mercedes-benz  government-policy  Around-the-web  this-week-417 
march 2018 by areadevelopment
Production Expected To Begin Soon At New Rail Car Factory - WAMC
Since arriving in Springfield, CRRC has worked with local trade unions, the city’s vocational high school, area colleges, and the regional employment board to develop a skilled workforce for the factory.  The factory is purchasing goods and services from dozens of local suppliers
regional-reports  new-england  Massachusetts  china  business-globalization  transportation-industry  Around-the-web  this-week-417  sfp-insider-10-26-2018 
march 2018 by areadevelopment
Silicon Valley Is Over, Says Silicon Valley - The New York Times
By the end of the tour, the coastal elites had caught the heartland bug. Several used Zillow, the real estate app, to gawk at the availability of cheap homes in cities like Detroit and South Bend and fantasize about relocating there. They marveled at how even old-line manufacturing cities now offer a convincing simulacrum of coastal life, complete with artisanal soap stores and farm-to-table restaurants.
silicon-valley  technology-based-economic-development  midwest  regional-reports  venturecapital  high-tech  industry-clusters  rust-belt  Around-the-web  this-week-415 
march 2018 by areadevelopment
Why Des Moines and Iowa business leaders support NAFTA - Des Moines Register
Iowa exports more to our two NAFTA partners – Canada and Mexico – than to the next 23 countries combined. Iowa stands to lose a great deal if the North American Free Trade Agreement is dismantled, rather than updated and improved.
NAFTA  iowa  opinion  free-trade-agreements  government-policy  Around-the-web  this-week-412  industry-organizations  economic-development-agencies  midwest  regional-reports  agribusiness 
february 2018 by areadevelopment
Is Alabama now the auto capital of the South? - AL.com
The addition of a highly sought-after manufacturing plant, featuring the world's largest auto company, is also part of several stories: The South's continuing ascendancy into international auto manufacturing, current global economic politics and the future of the auto industry.
this-week-410  Around-the-web  automotive-industry  toyota  mazda  business-globalization  industry-clusters  industry-reports  regional-reports  south 
january 2018 by areadevelopment
Online giants must accept responsibility for impacts on the physical world - The Avenue - Brookings
While we’re engaging in a new assessment of technology’s transformative impacts, no one should leave aside tech’s most physically enormous influence: its big role in reshaping the nation’s urban geography.
economic-geography  regional-reports  industry-clusters  innovation-hubs  Metros  demographics  workforce-migration  Around-the-web  this-week-409-top 
january 2018 by areadevelopment
Robots don’t have to win: Michigan has what it takes to create jobs - Bridge Magazine
One hundred years ago Michigan was that era’s Silicon Valley. Here, inspired tinkerers and immigrant entrepreneurs built the prototypes and created the processes that launched America’s economic dominance of the 20th Century. We put the world on wheels, invented assembly line manufacturing, created whole new products and industries making cars, chemicals, cereals, machinery, furniture, appliances and retail stores.
economic-development-news  detroit  Michigan  automotive-industry  regional-reports  Around-the-web  this-week-410 
january 2018 by areadevelopment
Tale of two Rust Belts: Higher education is driving Rust Belt revival but risks abound - Brookings
In the last entry of this series, I explored how some communities in the Great Lakes-Rust Belt region have managed to leverage particular assets or adopt innovative economic development strategies–efforts that are succeeding in rebooting local economies for a new era. These places are successfully shaking off their “rust.”
Around-the-web  this-week-409  rust-belt  economic-development-news  regional-reports  workforce-development  midwest  education  labor  workforce-training 
january 2018 by areadevelopment
Alabama's Sock Queen opens new shop as small-town manufacturing changes with the times - AL.com
Inside a squat metal building on the outskirts of Fort Payne, Ala., huge spools of cheerfully colored thread hang like nursery mobiles above rows of blue knitting machines the size of office copiers.

It's loud in this part of the mill, and Gina Locklear has to shout to be heard. Her eyes light up as she talks about her newest set of machines, installed last January, that can knit a sock with a seamless toe. It's a  It's a capability the mill's older machines don't have. Those were originally built to manufacture white athletic socks, a business that has largely left the country.
this-week-409  Around-the-web  textiles-clothing-industries  alabama  regional-reports  industry-reports  small-manufacturing  u.s.-manufacturing 
december 2017 by areadevelopment
Multicounty data-sharing network to improve farming, manufacturing - WLFI
A newly formed group of 10 Indiana counties has come together to become a national hub of agricultural and manufacturing innovation.
innovation-hubs  regional-reports  indiana  Around-the-web  this-week-409 
december 2017 by areadevelopment
From Bezos to Walton, Big Investors Back Fund for ‘Flyover’ Start-Ups - The New York Times
The idea — far grander than the money itself, which is only $150 million to start, pocket money for most of the investors — was to assemble a dream team and create a network effect for entrepreneurs in the middle of the country to align with the biggest names in business.
capital-access  small-business  midwest  regional-reports  startup  venturecapital  Around-the-web  this-week-406 
december 2017 by areadevelopment
Alabama auto executives say 'everything' about to change in industry - AL.com
Alabama's billion-dollar auto industry is positioned for the future, its executives say. But what that future will look like continues to be a mystery.
industry-reports  automotive-industry  regional-reports  alabama  Around-the-web  this-week-406 
december 2017 by areadevelopment
Broadband Boondoggles in Southwest Virginia - Bacon's Rebellion
Throughout the Central Appalachian region — Virginia, West Virginia and Kentucky — community leaders have a keen understanding that they must find new industries to replace coal. And there is a near universal conviction that any hope to diversify local economies requires high-bandwidth connections to the outside world. This conviction has led to a series of initiatives, some misguided and some on target, to bring broadband to this isolated region.
regional-reports  kentucky  west-virginia  virginia  broadband  economic-development-news  ICT  rural-economic-development  economic-development  this-week-405 
november 2017 by areadevelopment
Clothing giant Stitch Fix buys Mohnton Knitting Mills - Reading Eagle
An up-and-coming San Francisco-based apparel company that uses fashion consultants, data analysts and complicated mathematical algorithms to dress its clients, and that had sales of nearly $1 billion last year doing so, now has a foothold in Berks County.
textiles-clothing-industries  Pennsylvania  regional-reports  small-manufacturing  e-commmerce  Around-the-web  this-week-405 
november 2017 by areadevelopment
Made in Milwaukee: Master Lock - OnMilwaukee
Master Lock employs about 450 people – most are members of UAW Local 469 – at its Center Street factory, which I visited recently. Another 400 or so employees work at the company's new headquarters and research and development center in Oak Creek. About 1,200 work in an assembly plant in Nogales, Mexico, and a warehouse across the border in Arizona. Some jobs that had moved to China in the early 1990s were moved back to Milwaukee in 2011.
u.s.-manufacturing  regional-reports  wisconsin  milwaukee  Around-the-web  this-week-405 
november 2017 by areadevelopment
As Silicon Valley Gets ‘Crazy,’ Midwest Beckons Tech Investors - The New York Times
But some investors, led by people like Mr. Kvamme and his firm, Drive Capital, see plenty of potential in the center of the country. Focusing on the Midwest is no longer considered a nutty idea, as it was by skeptical West Coast venture capitalists when Mr. Kvamme and Chris Olsen, another Silicon Valley transplant from Sequoia Capital and co-founder of Drive Capital, made the move in 2013.

Every major Midwestern city now has clusters of start-up accelerators and incubators, typically housed in renovated red-brick industrial buildings.
Around-the-web  this-week-405  silicon-valley  high-tech  innovation-hubs  midwest  venturecapital  technology-based-economic-development  capital-access  regional-reports  tech-forum 
november 2017 by areadevelopment
Robots descending on industrial workplaces in record numbers - Detroit Free Press
Part of a growing trend, a Michigan auto parts supplier is installing "collaborative" robots in bid to boost efficiency. Workers hope the move makes the company competitive, boosting job security.
industry-reports  automotive-industry  regional-reports  Michigan  industry-clusters  automation  advanced-manufacturing 
october 2017 by areadevelopment
Development authority OKs $65M in bonds for Georgia Tech project - mdjonline.com
The Atlanta-based university had sought the bonds to buy 32.5 acres on the northern portion of Lockheed’s property adjacent to Dobbins Air Reserve Base and the Georgia Tech Research Institute, an applied research arm of the school. The funds will also go toward construction, renovations and equipment at four existing buildings on the site to provide additional research space.
this-week-400  Around-the-web  regional-reports  applied-research  university-economic-development  Georgia  Aerospace 
october 2017 by areadevelopment
How Siemens, Others Work to Fill the Skills Gap - Advanced Manufacturing
Sharing innovation with other companies is one way to position companies in a region as leaders. Siemens sponsors an annual event called Manufacturing in America that is built around three pillars—community, collaboration and innovation.
skills-gap  advanced-manufacturing  siemens  regional-reports  Michigan  detroit  Around-the-web  workforce-development  this-week-400 
october 2017 by areadevelopment
Sky's the limit for clean-energy jobs in Minnesota, across U.S. - StarTribune.com
As wind and solar energy have grown, they've created a tide of jobs nationwide in fields from construction to manufacturing. Renewable energy jobs, most of which are in wind and solar, grew by 16 percent to around 6,200 in Minnesota from 2015 to 2016, according to a recent study by Clean Energy Economy Minnesota, an industry-led nonprofit. 
minnesota  midwest  regional-reports  industry-reports  industry-clusters  green-economy  energy  solar-power  wind-energy  industry-organizations 
october 2017 by areadevelopment
Building a Bioscience Cluster in East Los Angeles - Urban Land Magazine
East Los Angeles is shaping up to be one of the unlikely centers of southern California’s emerging bioscience industry. Bioscience has long had a presence in Los Angeles, given its collection of leading medical centers and universities.
industry-clusters  biotech  los-angeles  california  regional-reports  pacific-states  Around-the-web  this-week-398 
october 2017 by areadevelopment
Shinola looks to bring manufacturing back to the U.S., and stakes a claim in Chicago - Chicago Tribune
Shinola also has strong Chicago ties. A local tannery supplies the leather Shinola uses in its watch straps. Three Shinola stores have opened or are opening in the Chicago area by this fall. The company wants to set up a manufacturing plant on the city's South Side, though Shinola President Jacques Panis has declined to say what it may make and when it may open.
shinola  detroit  chicago  regional-reports  midwest  small-manufacturing  u.s.-manufacturing  Around-the-web  this-week-397 
september 2017 by areadevelopment
Manufacturing growth continues in S.C. - Charleston Business Journal
The state began making a broader shift away from textiles and sporadic manufacturing toward global manufacturing a few decades ago, with the opening of Michelin in Greenville County in the 1970s, followed by BMW’s launch in Spartanburg County in the 1990s
south-carolina  regional-reports  u.s.-manufacturing  small-manufacturing  BMW  michelin  Around-the-web  this-week-392 
july 2017 by areadevelopment
America's Top States for Business 2017 - CNBC
Washington leads the league in America’s Top States for Business ranking in 2017. The economy grew 3.7% in 2016, nearly two and a half times the national rate. The state boasts the nation’s largest concentration of STEM (science, technology, engineering and math) workers, and follows California in the most patents filed last year.
Around-the-web  top-states-for-business  ranking  regional-reports  Washington  north-carolina  texas  minnesota  Georgia  this-week-394 
july 2017 by areadevelopment
For Michigan, competition is the name of the game - Crain's Detroit Business
J. Patrick Doyle is president and CEO of Domino's and chairman of the board of directors for Business Leaders for Michigan.
competitiveness  regional-reports  Michigan  economic-development-news  opinion  executive-leadership  Around-the-web  this-week-392 
july 2017 by areadevelopment
Can Offshore Wind Power Revive U.S. Ports? - Scientific American
Massachusetts, New York, New Jersey and Maryland are all eyeing up manufacturing and maintenance businesses that would support wind energy
supply-chain  parts-suppliers  green-economy  wind-energy  ports  mid-atlantic  new-england  regional-reports  Around-the-web  this-week-391-top 
july 2017 by areadevelopment
Can California Survive a Tech Bust? - Newgeography.com
Historically, California’s great strength was the diversity of its economy, stretching from high-tech and aerospace to finance, entertainment, energy, basic manufacturing and homebuilding. Yet, during the most recent boom, the growth of high-wage job growth largely took place in one region — the Bay Area — while other sectors generally stagnated or shrank.
california  economic-analysis  silicon-valley  regional-reports  regional-economic-development  Around-the-web  this-week-391 
july 2017 by areadevelopment
CO, MN, NM, OK state budgets take hit in innovation funding - SSTI
As governors and state legislatures continue their negotiations over state budgets, SSTI has reviewed the latest to be signed. The process has proved difficult in more than a few states, with New Mexico having to overcome several stalemates and still facing shortages while in Oklahoma three-fourths of the state agencies are seeing decreased funding due to the state’s $900 million shortfall.
economic-development-news  innovation  government-policy  Around-the-web  this-week-389  regional-reports 
june 2017 by areadevelopment
Good-paying jobs in NE Ohio remain unfilled because workers lack credentials - cleveland.com
A report by the Cleveland Foundation and Team NEO said there is high demand for computer and IT workers in Northeast Ohio, but not enough residents have postsecondary credentials in this area.
Around-the-web  this-week-388  workforce-training  regional-reports  ohio  economic-development-news 
june 2017 by areadevelopment
Gentex hires robots as production moves stateside - Automotive News
Michigan mirror-maker Gentex Inc. offers a glimpse of what the future might look like in the Trump era. The supplier has figured out a way to move production from overseas to the American Midwest — and things are working out just fine.
Michigan  backshoring  automotive-industry  parts-suppliers  regional-reports  midwest 
may 2017 by areadevelopment
The New American Heartland: Renewing the Middle Class by Revitalizing the Heartland - Newgeography.com
The greatest test America faces is whether it can foster the kind of growth that benefits and expands the middle class. To do so, the United States will need to meet three challenges: recover from the Great Recession, rebalance the American and international economies, and gain access to the global middle class for the future of American goods and services.
Around-the-web  this-week-387  business-globalization  economic-recovery  u.s.-manufacturing  regional-reports  texas  south  south-atlantic  midwest  plains 
may 2017 by areadevelopment
Lack of Workers, Not Work, Weighs on the Nation’s Economy - The New York Times
After eight years of steady growth, the main economic concern in Utah and a growing number of other states is no longer a lack of jobs, but a lack of workers.
jobs  regional-reports  utah  economic-analysis  Around-the-web  this-week-387  agribusiness 
may 2017 by areadevelopment
Why I love the Detroit startup scene - VentureBeat
There’s a hidden diamond in the Midwest that contains an economy larger than California. Chicago to Detroit, down through Cleveland to Pittsburgh, bending through Columbus to Cincinnati, and coming full circle through Indianapolis back to Chicago.
startup  high-tech  Around-the-web  this-week-386  regional-reports  mid-west  chicago  detroit  cleveland  pittsburgh  indianapolis  columbus  Metros 
may 2017 by areadevelopment
Why are companies moving to the Southeast? They want proximity to their customers, German consul says - The Greenville News
For two years, Detlev Ruenger, consul general of the Federal Republican of Germany, wondered why companies kept putting a footprint in the Southeast...Wages are lower in the Southeast, he said. The time difference is better for companies calling back to their native Germany compared to locations on the West Coast, and, in particular, South Carolina is a right-to-work state, though it can be a concern to some given Germany’s strong union presence, he said. 
BMW  regional-reports  south-atlantic  south-carolina  automotive-industry  fdi-USA  right-to-work  cost-of-doing-business  labor-costs  Around-the-web  this-week-386 
may 2017 by areadevelopment
Tennessee reconnects with adult students, aims to boost workforce - SSTI
Adults in Tennessee seeking to return to the classroom will have a new option for free tuition at community colleges, part of an expansion of the Tennessee Promise scholarship program.
education  workforce-training  regional-reports  economic-development-news  government-policy  workforce-development  Around-the-web  this-week-386 
may 2017 by areadevelopment
Suppliers turn to matchmaking events - Automotive News
Auto parts suppliers in Tennessee mingled and table hopped from customer to customer here last week in a bid to "speed date" their way to new business contracts.

It was the latest occurrence of a business development tool referred to as matchmaking, now gaining popularity across the Southern automotive supply base.
industry-reports  supply-chain  parts-suppliers  OEMs  automotive-industry  regional-reports  Tennessee  south-atlantic  south  Around-the-web  this-week-386 
may 2017 by areadevelopment
Wind energy - pro: North Dakota pioneers wind-powered Midwest - Grand Forks Herald
Today, North Dakota is one of America's wind power leaders, using wind to generate more than 20 percent of the state's electricity in 2016. And that has created a lot of business.

Wind development has attracted more than $5 billion and counting into North Dakota's economy. It has also created more than 4,000 well-paying jobs.
regional-reports  Around-the-web  this-week-386  north-dakota  wind-energy  green-economy 
may 2017 by areadevelopment
Growth in American manufacturing jobs? It's happening in Michigan - TheHill
While all manufacturing jobs accounted for about 32 percent of the total jobs growth in Michigan from 2009 to 2016, non-transportation manufacturing jobs alone added 18.5 percent. Nationally, all manufacturing jobs have accounted for less than 4 percent of total new jobs over the same period.
automotive-industry  Michigan  regional-reports  u.s.-manufacturing  economic-indicator-reports-analysis  Around-the-web  this-week-385 
may 2017 by areadevelopment
State looks to take advantage of ‘reshoring’ trend - Connecticut Post
After decades where changes in manufacturing employment were characterized by offshoring, the current trend is toward “reshoring,” according to a report by location consultants The Boyd Co. of Princeton, N.J., which shows Connecticut faces steep challenges in taking advantage.
The state ranks No. 3 nationally on the list of most expensive places to run a factory, according to the report, behind only New Jersey and New York. South Carolina is the least expensive.
regional-reports  state-rankings  backshoring  cost-of-doing-business  Around-the-web  this-week-385 
may 2017 by areadevelopment
Report: Autos Are Indiana's 2nd-Largest Manufacturing Sector - US News
A new report says the automotive manufacturing sector is a $15.8 billion industry that employs more than 100,000 people in Indiana.
industry-reports  automotive-industry  economic-development-news  economic-development-agencies  Around-the-web  this-week-385  indiana  regional-reports 
may 2017 by areadevelopment
Making it in Mississippi: Manufacturing growing in the Magnolia State - djournal.com
Jay Moon, the president of the Mississippi Manufacturers Association, said “Made in Mississippi” is making a comeback of sorts.
regional-reports  industry-organizations  u.s.-manufacturing  mississippi  economic-forecast  Around-the-web  this-week-385 
may 2017 by areadevelopment
How Reno Became a Data Center Hub: a Timeline - Data Center Knowledge
With most new data center capacity gravitating toward long-established locations, such as Northern Virginia, Chicago, and Dallas, few locations in the US have emerged as new data center hubs in recent years as quickly as Reno, Nevada
Reno  Nevada  data-centers  industry-clusters  regional-reports  Around-the-web  this-week-383 
april 2017 by areadevelopment
Space cluster growing as big firms prep for arrival - Orlando Sentinel
An expanding space industry on the Space Coast has some businesses hoping and planning to get a piece of the new work.

With two large new facilities on their way, the region could grow and become an even hotter region for space-related contractors who can supply Blue Origin, OneWeb or any of the already existing space companies there with materials and components for their rockets and satellites.
industry-clusters  Around-the-web  Aerospace  Florida  regional-reports  this-week-383 
april 2017 by areadevelopment
Georgia’s winning streak with suppliers - Automotive News
While states knock themselves out recruiting job-rich automotive companies, Georgia has zeroed in on a strategy that has attracted more than a dozen foreign suppliers.
automotive-industry  regional-reports  Georgia  global-supply-chain  business-globalization  economic-development-news  Around-the-web  this-week-381 
march 2017 by areadevelopment
As It Pulls Up Stakes in Kentucky Town, Toyota Donates Lab for STEAM School - IndustryWeek
With the help of $6.8 million in renovation money from the state of Kentucky, a former Toyota laboratory will be converted to a high school focused on science, technology, engineering, the arts and math (STEAM).
kentucky  Around-the-web  this-week-381  regional-reports  corporate-headquarters  workforce-development  education  automotive-industry  toyota 
march 2017 by areadevelopment
Tech Companies Look to Reinvent Eastern Kentucky Workforce - US News
nterapt is one of several companies hoping to jump-start eastern Kentucky's economy by reinventing its workforce. A manufacturing school to teach out-of-work coal miners how to operate advanced computer numeric control machines is scheduled to open this year. And Bitsource, a software and website development company, has been coding for two years in Pikeville after hiring former coal miners.
workforce-training  regional-reports  kentucky  workforce-development  Around-the-web  this-week-380 
march 2017 by areadevelopment
After Long Economic Slide, Rhode Island Lures New Business - The New York Times
Over the past 15 months, 15 companies, including Fortune 500 firms, have announced plans to locate or expand in Rhode Island, and 19 real estate projects, including hotels and apartments, have been approved.
economic-development-news  regional-reports  taxes-incentives  rhode-island  this-week-380  Around-the-web 
march 2017 by areadevelopment
Life sciences industry growing in Midwest, Philadelphia - SSTI
The Midwest and the Greater Philadelphia region have found pathways to build strong life sciences industries and create environments that provide the necessary risk capital for healthcare startups. These life sciences clusters are driven by leading healthcare companies, high quality health systems, and top notch research institutions as well as strong entrepreneurial support ecosystems.
innovation-hubs  industry-clusters  life-sciences  biotech  regional-reports  midwest  Philadelphia  Pennsylvania  technology-based-economic-development  Around-the-web  this-week-379 
march 2017 by areadevelopment
Measuring the state of US states - McKinsey & Company
New research compares economic and social conditions in US states—and highlights opportunities for government leaders to help make improvements.
top-states-for-business  regional-reports  ranking  Around-the-web  this-week-379 
march 2017 by areadevelopment
Kodak CEO says the company is competitive and he's looking forward to growth - WXXI News
Although commercial printing and packaging is where Kodak expects to make the bulk of its profits, film is not dead. Kodak still makes motion picture film, and notes that a number of the Oscar nominees were shot on Kodak film, a product that is made in Rochester.
kodak  rochester-ny  regional-reports  new-york  corporate-headquarters  Around-the-web  business-incubators  research&development  this-week-378 
february 2017 by areadevelopment
Tech Talkin’ Govs Part V: MD, ME, TX keep education in mind - SSTI
With the latest round of state of the state or budget addresses, the states’ governors focused on their states’ financial situation. Education and economic development were still on the minds of leaders in Maine, Maryland, and Texas. With this fifth installment, less than 10 governors have yet to deliver their addresses in the coming weeks or months.
technology-based-economic-development  government-policy  regional-reports  workforce-development  economic-development-news 
february 2017 by areadevelopment
Regional Report: Varied Sectors Riding the High-Tech Wave in the Pacific States - Area Development
State economies in the Pacific region are as varied as the rugged Pacific coastline. For example, Oregon and Washington have some of the fastest-growing economies in the country, expanding at 3.9 percent GSP for the first quarter of 2016. California, with its huge economy (if California was an independent country, it would be the seventh-largest economy in the world) grew at a respectable 2 percent.
regional-reports  area-development-features  Matt  high-tech  tech  technology  pacific-states  Washington  oregon  california  alaska  Hawaii 
february 2017 by areadevelopment
Location, regional growth, technology all make Northern Kentucky banks valuable partners - The Lane Report
As banker Mer Grayson Jr. recalls, when Drees Homes needed a loan of about $1 million for its corporate headquarters on Grandview Drive in Fort Mitchell, three Northern Kentucky banks decided to team up to share the risk on a construction loan that was considered to be pretty hefty around 1980.

How things have changed.

No one suggests million-dollar transactions are now equivalent to lunch money in Northern Kentucky. But a fortunate combination of factors – the region’s location, its growth, new technology, and critical changes in state and federal banking regulations – mean it is far easier for businesses today to get several proposals when they’re searching for capital to build, operate and grow.
regional-reports  kentucky  this-week-376  Around-the-web  capital-access 
february 2017 by areadevelopment
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