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The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets that existed during 2013, is narrowing in the United States as the nation’s recovery broadly diversifies ahead of many of its global counterparts.
From the March/April 2013 issue. And now, without further ado, here are the winners of our 2013 Economic Development Awards. Highlights include the largest industrial spec development lease in the last five years in Broward County. By Business Facilities Staff. Population Greater Than 500k. Greater Fort Lauderdale Alliance.
billion project that has earned our 2013 Economic Development Deal of the Year Gold Award. manufacturing facility in Clarksville-Montgomery County, TN is our 2013 Economic Development Deal of the Year Silver Award winner. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.”
From the July/August 2013 issue . During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. San Jose, CA, San Francisco and New Orleans took the top three places, respectively, in BF’s new Information Technology Employment Leaders metro ranking.
Economic growth in the United States will continue in 2013, according to purchasing and supply management executives in the December 2012 Semiannual Economic Forecast. Manufacturing, however, expects that its employment base will grow by less than 1 percent, while non-manufacturing expects employment growth of 1.3 Nieves, C.P.M.,
Economic growth in the United States will continue in 2013, according to purchasing and supply management executives in the December 2012 Semiannual Economic Forecast. Manufacturing, however, expects that its employment base will grow by less than 1 percent, while non-manufacturing expects employment growth of 1.3 Nieves, C.P.M.,
Penske has opened a new truck rental, leasing and maintenance facility in Phoenix. PRNewsFoto/Penske Truck Leasing). Penske Truck Leasing held a grand opening event in Phoenix to introduce a new state-of-the-art facility. Southwest Blog-May-2013 Penkse Phoenix' Posted by Heidi Schwartz.
Employment. Employment activity in the non-manufacturing sector grew in April for the ninth consecutive month. ISM’s Non-Manufacturing Employment Index registered 52 percent, which reflects a decrease of 1.3 ISM’s Non-Manufacturing Employment Index registered 52 percent, which reflects a decrease of 1.3
Labor and employment laws regularly intersect with the construction industry—whether you are dealing with employment issues such as the hiring and firing of employees, compliance with state and federal E-Verify requirements , or applicability of project labor agreements on a project. Some limitations to this exception apply.)
Issued on July 3, 2013, the latest Non-Manufacturing ISM Report On Business ® registered 52.2% percentage points to 50.8%, and the Employment Index increased 4.6 percentage points to 54.7%, indicating growth in employment for the 11th consecutive month. ISM’s Non-Manufacturing Employment Index registered 54.7
The new Detroit Electric sports car will be revealed in April 2013. PRNewsFoto/Detroit Electric). After an absence of over 70 years, Detroit Electric has returned to the legendary Motor City, promising job creation and a range of exciting 100% electric vehicles for the mass market. Rockerfeller Jr. and Clara Ford, the wife of Henry Ford.
Gold, Chairman and Chief Executive Officer of BioMed Realty remarked, ”The Regeneron story continues to inspire all of us; we congratulate them on being named the world’s number one biopharmaceutical employer by Science magazine for the second consecutive year. Mid Atlantic Blog-Nov-2013 R&D Westchester County'
From the September/October 2013 issue. Construction is slated to begin in the third quarter of 2013, with completion anticipated in one year and initiation of operations to follow. Parallon headquarters in Sunrise will be expanded. By Ed Felton . To increase production, the company will invest about $40.5 Our Anda, Inc.
According to the Economic Development Authority of Western Nevada (EDAWN) from July 1, 2012 to June 30, 2013, the organization and its partners assisted 33 companies to relocate or expand in the region, creating a projected 2,112 jobs within five years. The 33 companies represent a combined projected $1.8
million to lease and renovate a second Carmel office. This increased economic growth continues to provide excellent employment opportunities in our community.” Great Lakes Blog-May-2013 New Carmel NextGear Capital' The company will invest $19.5 This announcement is the company’s second expansion in recent years.
Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we’ve been telling people all these years,” Gov. The Texas Legislature created the TEF in 2003 and re-appropriated funding in 2005, 2007, 2009, 2011 and 2013 to help ensure the growth of Texas businesses and create more jobs throughout the state.
From the January/February 2013 issue. Jobs in this industry are in line with the types of employment opportunities that are sought after: stable, well-paid, semi- and high-skilled labor jobs, as well as managerial, design and engineering positions. Inside a state-of-the-art cleanroom at CNSE’s Albany NanoTech Complex. By Jenny Vickers.
The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced. In 2007, the statewide economic impact from film was estimated at $242 million; by 2013, this had grown to $3.5 At least 75 percent of applicant’s total number of employees must be employed within Iowa.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Southeast Baton Rouge Blog-April-2013 IBM LED LSU public-private partnership Tech Center' CPRT estimates that the new complex will result in the creation of approximately 600 construction jobs. “We
From the January/February 2013 issue. Approximately 200 people are expected to be employed once the facility reaches full capacity at the end of 2013. The multi-million dollar lease and construction project will occupy 57,000 square feet. Last year’s G20 summit was held in Los Cabos, Mexico. By Bill Trüb.
From the July/August 2013 issue. In January 2013, four Super Post-Panamax cranes became operational on the new container berth. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. By Jenny Vickers.
Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants. This is a great beginning of 2013 for North Louisiana.
“KMI has been an excellent local company for Fremont since they initially leased the Fremont building in 2009,” said Steve Brown, president of the Fremont Town Council. The company will invest $2.7 million to move its headquarters and operations to its existing 130,000 square-foot facility in Fremont.
With his signature on the Economic Opportunity Act of 2013, Gov. The New Jersey Economic Development Authority (NJEDA) recently approved the first projects under the revised Grow NJ program to encourage businesses to increase employment in New Jersey. By Jonathan Sanders. From the March/April 2014 issue. headquarters. Laurel, NJ.
Following the recent closure of $3,200,000 in venture funding, ChartSpan has signed a lease for nearly 100,000 square feet of office space. The company will run its clinical support operations from the new location, making ChartSpan one of the largest employers in the downtown area. ChartSpan Medical Technologies, Inc.
Construction officially started on the $600-million facility in April 2013 and aircraft assembly is planned to begin in 2015, with a targeted 2016 delivery of its first A320 jetliner. In late 2013, Gov. Together, they employ thousands. Samsung Electronics Co., Annual production at the facility has tripled since 2008.
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.
Beyond Venyu’s direct employment, the four-floor data center building will include two floors of commercial space available for lease, providing the potential for another 50 jobs associated with tenants. “We Louisiana Economic Development (LED) estimates the project will result in another 19 new indirect jobs.
From the March/April 2013 issue. Construction will start in Q1 2013, with turn-key capacity expected to be available in Q4 2013. Meanwhile, it is leasing large quantities of data center space in California’s Silicon Valley. Facebook’s Prineville, OR data center. By Bill Trüb.
Its most recent high-profile initiative is the December 2013 announcement by cyber-security firm Prolexic Technologies that it will move its global headquarters and round-the-clock security operations to Fort Lauderdale. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70.
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. For credits based on investments made on or after January 1, 2013, a taxpayer is allowed no more than $500,000. The term of the loan will vary depending on the loan purpose with a maximum of 15 years.
FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
Construction of wind turbines set a record in 4Q 2013 with 10,900 megawatts of capacity being added; nationwide, nearly 50,000 turbines have been installed. Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. In November 2013, MidAmerican Energy Co. The project is part of a $1.9-billion
Leases range from 5,000 square feet to complete buildings. An excellent education network of primary and secondary schools appeals to employers and employees alike. Sound and diligent fiscal policies were rewarded by all three bond-rating agencies in June 2013. A BUSINESS FRIENDLY ENVIRONMENT. BOSWELL’S CORNER MOVES FORWARD.
Vonco is leasing the building from KABA and will have an option to purchase the facility. Since the beginning of 2013, major economic development projects accounting for more than 6,000 new jobs and nearly $1 billion of capital investment have been announced, completed or are underway in the county.
See Results of 2013 Renewable Energy Fund – October 22, 2013. Jobs Development Act, Corporate Income Tax Reduction for Job Creation: The Jobs Development Act provides an incremental reduction in the corporate income tax rate to as low as 3% for companies that create new employment in Rhode Island over a three-year period.
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. A project located on property leased from a government entity qualifies for an exemption for up to five additional years upon annual application by the project operator. Land does not qualify for an exemption.
which is leasing 88,000 square feet there. Complete Warehouse plans to clean up the environmental contamination at the site, redevelop the manufacturing facility and lease it to tenants. The Executive Building will be the new headquarters for UMB Fund Services Inc., The company has about 250 employees. Meijer Distribution Inc.,
MAHSC partners, for example, with Hitachi, which launched Hitachi’s European Big Data Laboratory in October 2013. In 2013, Panoptes, BlueSkyvaccines and TAMiRNA were founded in Vienna. In 2013, Boehringer Ingelheim had a turnover of 914.5 million euros in 2013. million euros and employed 1,400 people in Austria.
According to the Illinois Government News Network (IGNN), “In 2013, 3,000 families purchased homes through one of IHDA’s programs, generating 1,500 jobs and infusing $70 million into Illinois’ economy. were named to the 2013 “Inc. percent in 2013, down from 7.7 Both Paylocity and Aurico Reports, Inc. percent in 2012.
And, in 2013, the 3,009-acre South Alabama Mega Site in Bay Minette as well as the 50-acre Loxley North Property on Baldwin County 49 earned AdvantageSite designations. The park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications. Photo: flickr.com/photos/gdecd).
1 of America’s 10 Great Places to Live in August 2013. Targeted workforce development curriculum from the region’s community colleges makes advanced manufacturing one of the region’s top employers—both domestic and international. Among these are two of the nation’s largest trucking companies: J.B.
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