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LITTLE ROCK, AR (Sept. 20, 2019) – The Arkansas Economic Development Commission announced today Carvana, a leading e-commerce platform for buying and selling used cars, will locate an inspection and distribution center in West Memphis, Ark. The company plans to invest approximately $40 million in the building, equipment and infrastructure, and create more than 400 … Continue reading Carvana to Open Inspection, Distribution Center in West Memphis

Many stories about the “r word” have hit the national media in recent weeks, causing hesitancy in the marketplace and potentially affecting the pace of economic development decision-making. Katie Culp and Tim Cook discuss who recession would impact the most and other what-ifs on the most recent (i) on Economic Development with Gerry Dick. Industries … Continue reading (i) on Economic Development: What If Recession Hits?

RALEIGH, NC (Aug. 29, 2019) – Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs, Governor Roy Cooper announced today. The company will invest more than $30 million in Concord over the coming years. “The … Continue reading Governor Cooper Announces Carvana Will Create More Than 400 Jobs in Cabarrus County

Having just returned from the Trustbelt national site selection conference, Tim Cook and Katie Culp had a mass of issues to discuss on the most recent (i) on Economic Development with Gerry Dick. Indianapolis Red Line After years of anticipation, the Indianapolis Red Line is nearing completion. Ever a fan of mass transit, KSM Location … Continue reading (i) on Economic Development: Mass Transit, Indy’s Incentives Roadmap, and More

Katie Culp and Tim Cook have been tapped to lead and participate in TrustBelt’s Corporate & Consultants Forum, a conference that brings together corporate decision makers, site consultants, and economic development agencies who make vital location decisions for the U.S. Rust Belt region. Culp, president of KSM Location Advisors, will moderate a panel discussion on … Continue reading KSM Location Advisors to Lead TrustBelt Discussions

INDIANAPOLIS (Aug. 15, 2019) – Hoosier Logistics Inc. (Hoosier), a logistics and supply chain management provider, announced plans today to grow its operations in Indiana through multiple expansions, scaling its corporate office in Indianapolis and adding its first satellite office in Fort Wayne, more than doubling its Indiana workforce by adding up to 45 new jobs over … Continue reading Hoosier Logistics Doubling Workforce in Multi-City Expansion

GREENFIELD, Ind. (July 26, 2019) – Governor Eric J. Holcomb and Greenfield Mayor Chuck Fewell joined executives from BeijingWest Industries, Co. Ltd. (BWI), a Beijing-based premier chassis supplier, today to celebrate the grand opening of the company’s new, $80 million production facility in Greenfield. BWI’s new Indiana operation, first announced in 2017, is expected to … Continue reading BWI Group Cuts Ribbon on First U.S. Production Facility in Central Indiana

This article originally appeared on insideindianabusiness.com. The economic divide in large cities continues to expand. Despite a financial resurgence following the 2007-2009 recession, the system wasn’t fixing itself. Enter Qualified Opportunity Zones (QOZ), a program included in the Tax Cuts and Jobs Act of 2017 designed to boost development in economically distressed communities. In exchange for new … Continue reading (i) on Economic Development: Opportunity Zones: Changing the Course of Real Estate Investment

From unique new restaurants to investments in public transportation, central Indiana is experiencing a tremendous uptick in quality-of-place assets. On the most recent (i) on Economic Development, Tim Cook and Katie Culp joined Gerry Dick to discuss some of these additions and whether they have the ability to attract – and retain – economic development projects. Indy’s Food Scene … Continue reading (i) on Economic Development: Quality of Place

Hello, and welcome to KSM Location Advisor’s annual Legislative Update! You’ll find detail after detail about what legislative actions the 2019 Indiana General Assembly took in the world of economic development. For example: Is the Venture Capital Investment Tax Credit finally transferrable? It is! Will data centers become more prevalent in Indiana because of important … Continue reading 2019 Indiana Legislative Update