Economic Development
LONDON — The actor and producer Idris Elba is partnering with the United Kingdom’s Octopus Energy to establish the first wind farm in the West African nation of Sierra Leone. The project, which is expected to begin producing power later... Read More
GREENVILLE, S.C. — An unprecedented surge in new residents and the dramatic growth of South Carolina’s manufacturing sector are creating an urgent need for new energy generation resources, the region’s largest utility has told state regulators. “We’re already projecting eight... Read More
MADISON, Wis. — Gov. Tony Evers plans to travel across Wisconsin this week to highlight economic initiatives in his 2023-25 biennial budget, a budget that was rejected March 23 by the State Building Commission. The state panel voted 4-4 on... Read More
WASHINGTON — President Joe Biden on Friday saluted the winners of the administration's $1 billion Build Back Better Regional Challenge, a contest intended to spur regional economic development while promoting job creation and the next generation of clean energy and... Read More
ANDERSON, S.C. — Robert Bosch, the German engineering giant, is investing $200 million in an existing plant in South Carolina to transform it into the company’s first North American site producing hydrogen-powered fuel stacks for future electric vehicles. The fuel... Read More
WASHINGTON - When you think about it, they’re everywhere; part of the bedrock of every community in America. They are your local McDonald’s, of course. And the KFC. But they’re also the Ace Hardware Store and the Sport Clips haircutter.... Read More
JACKSON, Miss. - A rebound in consumer demand for chicken is prompting Tyson Foods to spend $61 million to expand its Vicksburg, Mississippi poultry plant. The company said in a press release that the expansion is part of Tyson Foods’... Read More
WASHINGTON (AP) — President Joe Biden's administration is beginning to make $3 billion in economic development grants available to communities — a tenfold increase in the program paid for by this year's COVID-19 relief bill. Commerce Secretary Gina Raimondo said... Read More
The state of Kansas has been awarded Area Development Magazine’s prestigious Gold Shovel award in recognition of its successful year attracting high-value business investment. Over $6 billion in new business dollars and more than 26 thousand jobs have been created... Read More
About Williams: Georgia State Senator Nikema Williams has been a fearless advocate for women and families throughout her life. Since her election to represent Georgia’s 39th Senate District, she has led the charge to improve her community and fight for... Read More
About Van Drew: Van Drew was a small business owner in Atlantic County, where he practiced dentistry for more than 35 years. He lives in Cape May County, where he is a life member of the Ocean View Fire Company.... Read More
New Mexico Gov. Michelle Lujan Grisham last week declared the burgeoning space industry is one of her nine economic growth sectors for the state. “New Mexico is truly breaking barriers in the space industry,” the governor said as she opened... Read More
WASHINGTON - House Democrats voted to lift a $10,000 limit on state and local tax deductions, known as SALT, repealing a deduction limit Republicans had imposed as part of their 2017 tax code overhaul. The bill, H.R.5377 , which was... Read More
WASHINGTON — The National Governors Association announced Tuesday it is working with five states – Colorado, Alaska, Delaware, Rhode Island and Tennessee – to help them improve their business regulatory processes to promote economic development. This work is being completed... Read More
After years of economic development success, traffic congestion has become a critical challenge for the three-county region comprising the Charleston, South Carolina metropolitan area. Every morning, hundreds of thousands of commuters head off to work on local roads ill-suited to... Read More
Bridgepoint Education, Inc. has changed its name to Zovio Inc., advancing the company's strategy and transformation into an education technology services company. In addition to the name change, the company, which partners with higher education institutions and employers to deliver... Read More
