Monday’s Afternoon Update – Florida Trend

State appeals in workplace training battle Gov. Ron DeSantis and Attorney General Ashley Moody are appealing a federal judge’s ruling that blocked part of a new state law that placed restrictions on how race-related issues can be addressed in workplace training — a law DeSantis dubbed the “Stop WOKE Act.” Chief US District Judge Mark … Read more

Rogers Foam Expanding to Albuquerque

Albuquerque, NM, Aug. 18, 2022 (GLOBE NEWSWIRE) — A 75-year-old, family-owned foam fabricator headquartered in Somerville, Massachusetts will soon add Albuquerque to its list of locations across the US and Mexico. Rogers Foam converts flexible materials for customers in the medical, automotive, consumer goods, industrial, packaging, furniture, and bedding industries. Their expansion into the greater … Read more

A Tale of Two Cities’ Diversifying Economies

Nevada offers a case study of how states can succeed in attracting new employers. Nevada carries a reputation as a one-horse state, relying mainly on the leisure and hospitality sector. For example, in 2019, accommodation and food services made up 26 percent of Nevada’s workforce. For many years, policymakers and analysts have argued that Nevada … Read more

Democrat Stacey Abrams to deliver ‘major economic address’ on Tuesday night

ATLANTA, Ga. (CBS46) – With less than three months to go before Georgia’s nationally watched governor’s race officially heads to the polls, Democrat Stacey Abrams will deliver what her campaign is calling a “highly anticipated … major economic address” Tuesday night. Abrams, who is challenging Gov. Brian Kemp in his reelection bid, “will highlight her … Read more

Massena Town Board votes to eliminate all funding for Business Development Corporation | Business

MASSENA — The Massena Town Board has voted to eliminate all of its funding for the Business Development Corporation. During Wednesday’s meeting, board members approved reducing the monetary amount given to the BDC to zero, which will be done through a budget amendment. The Business Development Corporation had already been operating under decreased funding after … Read more

New York tax dollars aid Corning expansion, but it was ‘going somewhere else?’ | New York

(The Center Square) – A New York-based technology company plans to spend nearly $140 million to expand its footprint upstate and help boost the production of semiconductors, and while the state is providing some tax credits toward the project, at least one organization questions whether that’s a prudent investment. Corning Incorporated made the announcement Friday … Read more

MiBiz Growth Report: July 5, 2022

Here is the MiBiz Growth report for July 5, 2022: M&A private equity-backed Elevator Service LLCa Grand Rapids-based elevator service provider in the Midwest, made its third add-on acquisition with a deal to acquire Grand Rapids-based Van Duinen Elevator Co. Founded in 1972, Van Duinen Elevator serves a range of commercial and industrial customers in … Read more

Students’ dashboard helping alumna’s Hampton Roads nonprofit close Black wealth gap | VTx

A community’s economic and social growth can be difficult to measure, but for the Black community in Hampton Roads, a collaboration with Virginia Tech students and the Center for Economic and Community Engagement is laying a foundation to make calculating easier. Local nonprofit Black BRAND has been working to increase Black wealth in the region … Read more

$20 million for Valley projects announced | Local News

The Wabash River Regional Development Authority on Thursday announced it will divide $20 million in READI grant funding among 23 projects in the Wabash Valley. The six-county region in December was awarded $20 million as part of the Regional Economic Acceleration and Development Initiative program, which is a $500 million effort run by the state … Read more

Workshop plans to bring community members together to grow local creative economy | Local News

As arts and entertainment continue to be a force for community development in Somerset-Pulaski County, the Somerset-Pulaski Economic Development Authority (SPEDA) is offering a free workshop to further conversation about growing the local creative economy. SPEDA is partnering with the Kentucky Small Business Development Center (KSBDC) to host an Art Builds Business Builds Art (ABBBA) … Read more