Annual Econdev "Shovel" Awards
2022 Gold & Silver Shovel Awards Project of the Year: Regeneron Expanding Research, Manufacturing in New York
The company’s response to COVID-19 is widely known, and it is building out its R&D and manufacturing in Tarrytown, N.Y.
2022 Gold & Silver Shovel Awards Project of the Year: Samsung Makes Its Largest U.S. Investment in Texas
Working to expand semiconductor manufacturing in the U.S., Samsung is adding to its presence in Texas with a $17 billion investment.
2022 Gold & Silver Shovel Awards Project of the Year: Supply Chain Needs to Be Met by U.S. Steel’s New Arkansas Mill
U. S. Steel President and CEO David B. Burritt said in a statement that the company is “reshaping the future of steel making” with this mill.
Recent Features
Construction / Project Planning
A Look at Integrated Project Delivery From the Inside Out

A culture of teamwork and collaboration paves the way for the execution of integrated project delivery, which helps to cut costs and time while offering other advantages.
ContinueContributed Content
Leading the Charge

Kentucky has positioned itself at the forefront of the EV and battery industry.
ContinueConstruction / Project Planning
Supply Chain Disruptions and Construction Industry Transformation

Planning ahead, running different scenarios, identifying labor needs, and employing technology will help to improve project costs and schedule on today’s jobsite.
ContinueContributed Content
Offshore Wind Is Coming to New York City

Wind turbines do not ordinarily come to mind with thoughts of New York City, but if current plans go forward, that will change dramatically in the near future.
ContinueGovernment Policy / Business Climate
First Person: ESG Propels Honeywell in New Directions

Policies with regard to environmental, social, and governance issues have become increasingly important to all companies, as well as their shareholders, in the 21st century’s “sustainability revolution.”
ContinueConstruction / Project Planning
Five Ways for Manufacturers to Manage Global Market Volatility

To survive and advance in manufacturing, it’s critical to have future-proof, flexible facilities.
ContinueBusiness Globalization / Next Shoring
Foreign-Trade Zones: The Best, Zero-Cost Incentive for Your Business

FTZs can bring in millions of dollars in additional profits and cost very little to maintain relative to the investment.
ContinueAdvanced Manufacturing
Front Line: Performing Physical Tasks Remotely

Rapid advances in automation are even allowing some tasks in manufacturing facilities to be tackled remotely.
ContinueSkilled Labor / STEM
Taking Action Now for An Increasingly Automated Future

The jobs created by automation will ultimately exceed those that are lost, but a federal program is needed to successfully navigate the transformation of the labor force.
ContinueDCs / Warehousing
In Focus: Demand for Industrial Land Surges
The exponential growth of e-commerce has, in turn, accelerated the need for both warehouse and data center space.
ContinueSkilled Labor / STEM
People Power: How Talent Data Is Advancing Location-Based Decisions
Companies that embrace a talent-first approach using deep-mined data and analytics are more likely to attract the best and brightest, which can, in turn, help unlock the full value of their real estate portfolios.
ContinueU.S. Regional Reports
Louisiana: Global Challenges Create Opportunities

Louisiana has stepped up the development of environmentally friendly technologies, water management, and coastal protection, while also tapping its strong resources in healthcare, life sciences, aeronautics, and traditional economic sectors.
ContinueBiotech / Life Sciences
Retrofitting Office Space to Attract Life Sciences Companies

In the life sciences industry, business is booming; here’s how office buildings can satisfy the sector’s unflagging demand for space.
ContinueManufacturing / Industrial
In Focus: The Impact of E-Commerce on Industrial Real Estate

E-commerce fulfillment often demands three to four times the logistics space of traditional brick-and-mortar retail replenishment.
ContinueTaxes / Incentives
Putting Your Best Foot Forward: Presentation of Incentives Information to the Media

Make sure the media gets it right when reporting on your company’s incentives.
ContinueBiotech / Life Sciences
Innovative and Collaborative Design Sets the Stage for Life Science Innovation

Life science labs need to accommodate present and future equipment needs and, most importantly, collaboration among the scientists and others who work there.
ContinueEnergy / Clean Tech
The Energy Transition: Moving Toward Renewable and Carbon-Neutral Solutions

The massive shift from fossil fuels to cleaner-sourced energy is not a simple or linear path forward.
ContinueSite Selection Factors / Strategy
The Evolution of the Megasite

As the need for next-generation megasites continues to grow, economic development professionals are helping end-users reimagine the site selection and site preparedness process.
ContinueProject Announcements
Northern Ireland-Based Almac Group Expands Montgomery County, Pennsylvania, North American Headquarters
07/05/2022
Precision Planting Plans Morton, Illinois, Operations Center
07/05/2022
HHO Carbon Clean Systems Plans McCracken County, Kentucky, Production Plant
07/05/2022
Toast Establishes Nashville, Tennessee, Configuration Complex
07/05/2022
H-E-B Expands Temple, Texas, Distribution Operations
07/05/2022
Peerless Products Establishes Nevada, Missouri, Facility
07/02/2022
Allegis Group Establishes Jacksonville, Florida, Operations Center
07/02/2022
Most Read
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Five Ways for Manufacturers to Manage Global Market Volatility
Q2 2022
-
The Evolution of the Megasite
Q2 2022
-
Putting Your Best Foot Forward: Presentation of Incentives Information to the Media
Q2 2022