Economic Development and Developers in the News # 157
Econ dev news from 97 economic development executives and organizations in 28 states.
Welcome to the 157th weekly edition of Economic Development and Developers in the News.
Today's issue contains news from 97 economic development executives and organizations in 28 states.
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The Econ Dev Show is a podcast, weekday email newsletter, and blog of actionable strategies, fresh news, insights, and ideas from the economic development community and your host, Dane Carlson. The Econ Dev Show is brought to you by Sitehunt.
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Arizona
Arizona has won its fourth consecutive "Gold Shovel" award from Area Development magazine for its economic development efforts, marking the state's success in attracting significant job-creating and investment projects like LG Energy Solution's $5.5 billion battery manufacturing complex in Queen Creek and Amkor's $2 billion semiconductor packaging and testing facility in Peoria (Arizona Commerce Authority).
Arkansas
Clint O'Neal discussed the upcoming special session focused on tax cuts and the benefits of reducing personal and corporate income tax rates for Arkansas' economic development.
Colorado
Catalyst Campus for Technology and Innovation in Colorado Springs has received a $999,789 Collaborative Infrastructure Grant from the Colorado Office of Economic Development and International Trade's Advanced Industries Accelerator Program (Michelle Hadwiger, Dawn Conley).
Outdoor Recreation Roundtable has announced the third round of rural implementation grants to help San Luis Valley communities like Alamosa, Monte Vista, and Del Norte grow their economies through outdoor recreation and capitalize on the significant number of visitors to the Great Sand Dunes National Park, with funding from the Richard King Mellon Foundation.
Connecticut
William Wallach is Torrington's new director of economic development, replacing Rista Malanca, who left the position in November 2023.
Florida
The city of Tampa’s housing director, Kayon Henderson, is resigning, marking another senior economic development official departing under Mayor Jane Castor's administration just over a year into her second term.
Georgia
A federal investigation has been launched into labor trafficking allegations involving over 13 Chinese nationals at a warehouse in Savannah, owned by the Savannah Economic Development Authority, with the Georgia Bureau of Investigation and the United States Department of Homeland Security involved following claims of unpaid labor and exploitation.
Georgia Gov. Brian Kemp said Tuesday that he discussed South Korean investment in Georgia and international security during a meeting with South Korean President Yoon Suk Yeol in Seoul.
Illinois
The Sugar Grove Village Board heard several hours of public comment opposing a proposed tax increment financing district along Route 47, questioning its qualification under Illinois law since the property is active farmland, despite TIF attorney Kathy Field Orr stating that farmland qualifies under the law.
Indiana
The not-for-profit Applied Research Institute in Bloomington is pivotal in advancing Indiana's economic development by collaborating with the Indiana Economic Development Corp to create strategies, facilitate funding, and attract investments (Brooke Pyne, David Roberts, David Watkins, Indiana Economic Development Corp).
Elected officials, small business owners, and other community members attended the launch of the Economic Development Academy at Indiana University Northwest to learn how to foster economic growth. (Cynthia Roberts, Blair Milo, Rick Calinski, Spencer Summers, Anthony Sindone)
