Economic Development
What is Economic Development?
Economic development is the process by which a community or region works together to create the type of business climate that will:
- Foster the retention and expansion of existing businesses.
- Attract new businesses.
- Develop new business ventures.
If you’re a business that is searching for buildings or sites, or if you’re searching for information about suppliers, competitors or customers in our service territory, our economic development Web sites will provide you with the most current data available. You’ll also find demographic profiles and details about the cost of doing business relevant to your industry.
Select a region to learn more.
- Carolinas
- Since 1904, we helped build the Carolinas’ economy with the textile industry, furniture industry and others. Today, we’re evolving into an East Coast center for high-tech manufacturing: automotive, pharmaceuticals, biotech, medical devices and supplies. High economic growth occurring in the region is attracting suppliers such as glass, plastic and metal fabricators.
- Indiana
- We’ve helped build the state as a Midwestern manufacturing center that supports the automotive industry. Indiana’s strategic location within 625 miles (1,006 km) of 84% of U.S. car production is a factor contributing to its importance as a site for automotive investment.
- Greater Cincinnati
- We’ve helped support local communities of Southwest Ohio and Northern Kentucky by providing a strong business climate and employment opportunities in the region. Site availability and competitive land and construction costs, plus excellent transportation and workforce, make Greater Cincinnati an ideal choice for manufacturing, distribution, warehousing, and R&D operations.