Sunday, July 28 2019
By the Tennessee Economic Partnership
In advance of the kickoff of the 2019 North American International Auto Show in January, General Motors unveiled its plans for the new Cadillac XT6, a seven-seat SUV described as the Escalde’s “little brother,” to be manufactured at its Spring Hill, Tennessee plant. This news means hundreds of new employees and a nearly $300 million investment at the Middle Tennessee facility in order to accommodate the production of the XT6.
Bob Rolfe, the state's commissioner of economic and community development, said GM's decision to add another vehicle to its product line in Spring Hill "speaks volumes about the high-quality workforce and business climate that global businesses can find in Tennessee."
GM's Spring Hill plant is the company's largest facility in North America, and GM is one of Tennessee’s leading employers. It employs 3,800 workers on a 2,000-acre campus providing quality wages for Tennesseans and positively benefiting Middle Tennessee’s economy enormously throughout the years since first opening its Spring Hill plant in 1990. Besides the XT6, XT5, and GMC Acadia, the site produces the Holden Acadia for export to Australia and New Zealand.
Sunday, July 28 2019
By Jose Lozano, President and CEO, Choose New Jersey, Inc.
With a 150-year history of developing lifesaving medicine, New Jersey has always been the capital of innovation. We welcome big ideas and those who think differently to bring transformative therapies, novel medicines and disruptive technologies to market. The state's innovation economy includes strong industry synergy, venture capital funding, access to leading universities, proximity to research hospitals and concentration of top talent. Further, New Jersey offers an unbeatable location, a dynamic life sciences ecosystem and access to a large, globally diverse workforce – along with an affordable quality of life that’s one of the best in the nation.
The Garden State is the global gateway to the United States. New Jersey offers non-stop flights to almost anywhere in the U.S. and the across globe, making it easier to connect to employees, clients, and customers. We are at the center of the transit-connected Northeast corridor, directly between Washington D.C. and Boston, and part of the New York and Philadelphia area. New Jersey moves people and products better than anyone else in the nation because of our ports, airports, freight rail lines and mass transportation system.
Saturday, July 27 2019
By the Economic Development Partnership of North Carolina
North Carolina closed out 2018 and began 2019 on three very high notes – ranking as Forbes magazine’s No. 1 state for business for the second-straight year, posting its second-best year in over a decade in new job announcements and anticipating the arrival of three more Fortune 500 headquarters.
“It was a great year, but not at all an outlier,” says Christopher Chung, chief executive officer of the Economic Development Partnership of North Carolina, which recruits new corporate facilities and expansions to the state. “Executives often put North Carolina on their short list and for good reason. Among those reasons is that we consistently place among the Top 10 states in well-regarded business rankings from the likes of Forbes, Chief Executive and CNBC.”
Forbes has annually ranked the business climates of all 50 states since 2006. North Carolina is the only state to place among the magazine’s top five best states for business every year.
Friday, July 26 2019
When a company is looking for a new location that is perfect for transporting its goods to locations throughout the country, the smart choice is to look right in the middle. Kansas’ central location has made it a popular choice among manufacturing companies – and not just those in the aviation industry (though it is known as The Aviation Capital of the World).
Kansas’ central location and excellent workforce are a great combination for any kind of company that manufactures and ships products in the U.S. and beyond.
Producing raw materials and finished goods, Kansas companies rely heavily on transportation modes for distribution of their products. Whether by highway, rail, air or water, Kansas’ central location and excellent infrastructure allows for excellent transportation and distribution advantages for businesses.
Friday, July 26 2019
With millions of businesses choosing to incorporate in Delaware, the state has earned an international reputation for being the most trusted and experienced business law center in the world. But business law expertise doesn’t tell the whole story. Delaware’s enviable location on the east coast assures business leaders they can get anywhere from Delaware, and the state puts a premium on being business-friendly and affordable. Forbes ranked Delaware as having the fifth lowest cost of doing business. Adesis, Solenis, Marlette Funding, Dot Foods, JustFoodforDogs, and Wilmington PharmaTech are just a few of the companies that chose to grow in Delaware.
The DuPont legacy, which dates back more than 200 years, set the stage for Delaware to put a premium on innovation. Executives in Delaware will tell you that the ripple effects of the DuPont company created a sustainable culture of innovation that is thriving now, more than ever. Start-ups including Agtech, Fintech, Chemtech, Biotech and Pharmatech are choosing Delaware to begin their business journey. The emphasis on innovation is being noticed.
Friday, July 26 2019
By Sandra Watson, Arizona Commerce Authority President & CEO
Expanding or relocating a business is a complex decision. Companies evaluate many factors, including a state’s business climate, operating costs, geographic location, infrastructure, and, perhaps most importantly, the availability of a skilled, talented workforce. As innovation advances and technology continues to transform industries, ensuring companies have access to a workforce with the necessary skills is critical for states to remain competitive.
According to CNBC, Arizona is winning “the biggest battle in the war between states for business” with its ranking as one of the top two states in the country for attracting a skilled workforce. Our state also consistently ranks high in many other third-party assessments of labor supply. Labor market data provider Emsi named Arizona’s most populous county, Maricopa, as number one in the nation for talent attraction in 2018.