Industry News | Trade and Industry Development

Industry News

business

IN: IEDC Closes Holcomb Term with 8th-Straight Record-Breaking Year for Econ Development

In 2024, the IEDC secured more than $39.2 billion of committed capital investment – a new record, helped launch 482 new small businesses, and awarded ...

workforce

SC: South Carolina Industry Recruitment Reaches $8.19 Billion in 2024

The South Carolina Department of Commerce recently released its 2024 industry recruitment results, with an announced total capital investment of $8.19...

data

GlobalData Survey: Data Loss Concerns Will Limit GenAI Access for Developers

Enterprises are expected to tighten restrictions on generative AI (GenAI) usage among developers, citing proprietary data concerns. Meanwhile, agentic...

business

Report Says Inflation Reduction Act Delivers Economic Boost and 4X Return on Investment

A new independent study reveals that the Inflation Reduction Act (IRA) will deliver substantial economic benefits for the United States, notably growi...

ports

TX: Port of Brownsville's Economic Impact Hits Record $12 Billion

According to a report, the Port of Brownsville generated $12 billion in total economic activity in 2023, representing a 400% increase from the last ec...

business

2025 Economic Outlook Forecasts 4.7% Expansion in Equipment & Software Investment

After a strong performance in 2024, the U.S. economy will continue to benefit from a solid labor market, rising household wealth, and resilient consum...

plastics

U.S. Plastics Pact Unveils 2023-24 Impact Report, Showcasing Innovation, Call for Collective Action

U.S. Plastics Pact recently released its 2023-2024 Impact Report, celebrating significant strides toward a circular economy for plastics while calling...

Now Accepting Applications for 2025 CiCi Candidate Projects!

Apply Now for TID's Annual CiCi Awards

Applications for the coveted Corporate Investment and Community Impact (CiCi) Awards presentation in Trade & Industry Development are being accepted t...

defense

AR: Forge Institute Launches Phoenix Xcelerator to Scale Growth of Defense Tech Startups

Forge Institute has launched the Phoenix Xcelerator, a pioneering program designed to empower & grow startups across the defense and aerospace sectors...

development

TN: TNECD Announces New Select Tennessee Certified Site in Lexington

The Tennessee Department of Economic and Community Development announced that the Timberlake Industrial Park in Lexington, Tennessee, is the newest si...