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INDUSTRY FOCUS: Soaring To New Heights

Buisness Facilities Contributed Content

The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. Although growth is expected to slow, commercial aerospace companies continue to be optimistic about the future, industry experts say. 12 percent of Tech’s engineering majors enter the aerospace/defense industry.

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Logistics Networks Are Getting Back On Track

Business Facilities

Lower fuel prices, a surge in railroad hiring and the need to get goods to market faster are boosting growth and profits in the logistics sector. Business Facilities (BF) Magazine. Logistics Networks Are Getting Back On Track appeared first on Business Facilities (BF) Magazine.

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Business Report: Illinois Leaders Form Non-Profit to Spur Job Creation

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We have among the best assets in the world, including unparalleled access to global markets with our five international airports, seven Class I railroads, the third largest interstate highway system in the country, the third largest intermodal port in the world, and more. IL FILM INDUSTRY IS SURGING.

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15 Tennessee Communities To Receive Site Development Grants

Buisness Facilities Contributed Content

The Site Development Grant program is part of Tennessee’s larger Rural Economic Development Fund, announced by Governor Bill Haslam in October 2015. The grants awarded were: Brownsville I-40 Advantage, $500,000: Extension of 1600 linear feet of water line and boring under the railroad tracks to close the loop in the system along the bypass.

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Business Report: Businesses Are Finding It’s Better In The Bluegrass State

Buisness Facilities Contributed Content

The half-ton 2015 F-150 has been stealing the spotlight lately for its revolutionary aluminum body and new powertrains, but its big brother Super Duty remains a critical component of Ford’s overall truck strategy. The auto industry is huge here. In 2013, Kentucky announced 281 new projects in which companies are investing $3.3

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State Focus – Kansas: The Sunflower State Is Blooming and Booming

Buisness Facilities Contributed Content

Thanks to these advantages, the state has experienced significant growth in numerous industries and emerged as a leader in sectors such as advanced manufacturing, alternative energy, bioscience, distribution and food processing. Bioscience is yet another emerging industry in Kansas. A further goal of 20 percent by 2020 has been set.

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Louisiana Economic Development Wins Deal of the Year: Bronze Award

Buisness Facilities Contributed Content

The Bronze Award winner in BF ’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 Louisiana has the most extensive network of pipelines in the nation, and offers unmatched supply-chain access to domestic markets via railroads and barges. In September, Taiwan-based Formosa Petrochemical Corp.