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U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small today announced that USDA is investing in 116 projects across the nation to expand access to a clean and reliable electric grid, safe drinking water, and good-paying jobs for people in rural and Tribal communities. Part of the funding announced...
Gov. Andy Beshear highlighted October as Manufacturing Month in Kentucky as the industry continues to be a key factor in Kentucky’s record economic growth and job creation, with more than 6,000 facilities statewide employing over 260,000 Kentuckians.“Kentucky plays an important and key role in the nation’s manufacturing sector thanks to...
The U.S. Department of Agriculture (USDA) announced an investment of $1.7 billion for purchase of locally and regionally produced foods and domestically produced foods for emergency food assistance. These investments, made possible by the Commodity Credit Corporation (CCC), will help American producers by ensuring they have the certainty of access...
The Impact of the November Election on the Auto Industry: Navigating a Revolutionary Transition
Sep 30 2024Editor's Note: This article is part of Area Development's Auto/Aero Special Report in the Q3 2024 issue. It was commissioned and edited by Dennis Cuneo who served as guest editor for this special coverage.The automotive industry is experiencing its most profound transformation since Henry Ford introduced the assembly line, and...
North America has plenty of rare earth minerals, including neodymium and praseodymium, which are critical to electric vehicle (EV) mobility. Australia-based American Rare Earths Inc. said in early 2024, for example, that it found 2.34 billion metric tons in southeastern Wyoming, 64% more than it thought was there in 2023.Huge...
Gov. Andy Beshear last week announced that Victory Hemp Foods, a hemp seed production facility in Carroll County, is planning an expansion that will involve a $2.5 million investment locally and create up 22 new jobs.“Kentucky’s manufacturing industry continues to grow, creating job opportunities for our people all across the...
Power Provision Is Just the Beginning
Sep 2 2024Each year, via data gathered from an annual questionnaire in addition to our staff’s own research into utilities with active economic development departments, Site Selection recognizes the Top Utilities in economic development based on corporate end-user project activity in their regions.With a few exceptions, job creation totals are down this...
The airport in your community provides valuable services that are often overlooked. In addition to providing a runway, fuel, and a building, airports can be a hub of economic activity. It is an economic asset with the potential to produce revenue and services for the community.General Aviation FactsGenerates over $150...