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Boeing Moves Jobs to Arizona

Posted by David Oliver on 6/23/2017 to Business Opportunities
Boeing Moves Jobs to Arizona
Boeing Moves Jobs to Arizona

Boeing Will Move Hundreds of Jobs from Seattle to Mesa

IncSmart Arizona (Small Business and Startups) - Boeing is moving hundreds of jobs from its Seattle plant to Mesa Arizona.  The move will be ongoing and take between 2 and 3 years.  The Mesa facility currently employs over 3500 people.  The Mesa plant is producing Apache Attack Helicopters.  The Boeing Company BA was just awarded a modification to a foreign military sales contract worth $410.9 million from the U.S. Army Contracting Command from the Redstone Arsenal in Alabama. However work for this deal will be carried out in Mesa.

Massachusetts Changes Pot Law

Posted by David Oliver on 6/22/2017 to Marijuana Startups
Massachusetts Changes Pot Law
Massachusetts Changes Pot Law

Expansive Rewrite of Voter Approved Marijuana Law

IncSmart Massachusetts (Small Business and Startups) - House of Representatives in Massachusetts pass a bill that would change the referendum backed by 1.8 million voters seven months ago.  The new bill was 126-to-28 vote.  This is in opposition to the Senate, which has a much more modest recreational pot law. The new House bill would increase pot taxes to 28 percent 12.  In conjunction with the tax increase, the new bill will grant local county and city officials the ability to ban marijuana stores and farms from their communities.

South Carolina Self Flying Planes

Posted by David Oliver on 6/21/2017 to Tech Business
South Carolina Self Flying Planes
Boeing to Test Self Flying Planes

Can Boeing Replace 615,000 Pilots

IncSmart South Carolina (Small Business and Startups) - Boeing, the world's largest aircraft manufacturer will start testing self flying technology in cockpit this summer.  The announcement was made at the Paris Air Show on Monday.  Being hyped as artificial intelligence, these computers making decisions normally made by pilots.  Computers are already controlling airplanes during take off, cruise and landing.  Airbus is currently working on self driving flying cars.  They soon will be testing single seated flying taxis by the end of 2017.  Self flying drones are now available for less than $1,000.  The technology is here already.

Amazon to Open Warehouse in New York

Posted by Sandy Roberts on 6/20/2017 to Tech Business
Amazon to Open Warehouse in New York
Amazon to Open Warehouse in New York

Staten Island to Get Mega Warehouse

IncSmart New York (Small Business and Startups) - E commerce giant Amazon, is opening a fulfillment center on the west shore of Staten Island.  They should be moving into the 1 million square foot industrial park by the end of the summer.   They art taking one of four planned warehouses on a site owned by Matrix Global Logistics Park, a former oil tank storage facility off Gulf Avenue.  This is Amazons first mega warehouse in New York. 

Connecticut Development Authority

Posted by Pat Turner on 6/20/2017 to Business Opportunities
Connecticut Development Authority
Connecticut Development Authority

Downtown Hartford Abandoned Buildings

IncSmart Connecticut (Small Business and Startups) - Redevelopment of two vacant office buildings in downtown Hartford is beginning.  The two buildings will be turned into apartments. The 258 apartments will be studios, one bedroom and two bedroom units.  The estimated project is over $51 million.  The Capital Region Development Authority is the key source for public financing of nearly all real estate projects downtown.  These two buildings are the last vacant buildings in the central business district.  The renovation will grow the residents downtown.

  

Will Illinois File Bankruptcy

Posted by David Oliver on 6/19/2017 to Business Law
Will Illinois File Bankruptcy
Will Illinois File Bankruptcy

Two Years With no State Budget

IncSmart Illinois (Small Business and Startups)Illinois has been operating without a budget years.  The state has been forced to conduct business under court ordered spending at the same time running up a massive deficit.  Many state programs and agencies dependent on state aid, are in danger of losing money. Schools, universities, hospitals and police are facing cutbacks due to the massive pension crisis. The bond ratings are so low, the state is unable to raise money.  Bankruptcy is being floated.

GM Moves to Texas

Posted by Sandy Roberts on 6/19/2017 to Business Opportunities
GM Moves to Texas
GM moves to Texas

New Supplier Park in Arlington, Texas

IncSmart Texas (Small Business and Startups) - General Motors will opens new supplier park in Arlington Texas.  This industrial complex will be built at the old Six Flags Mall site.  The new complex is owned International Automotive Components Group.  They makes door panels, flooring, instrument panels.  IAC will be among the largest tenants at the new logistics center.  The center is also located near GM’s s Arlington assembly plant. GM currently employs about 4,225 people at its Arlington.  This announcement comes as the Trump administration is preparing to renegotiate NAFTA, the North America Free Trade Agreement with Mexico and Canada.


Foxconn Eyes Wisconsin Plant

Posted by Davd Oliver on 6/15/2017 to Tech Business
Foxconn Eyes Wisconsin Plant
Foxconn Eyes Wisconsin Plant

The Governor May Get A Happy Surprise

IncSmart Wisconsin (Small Business and Startups) - Foxconn is Apple’s large IPhone supplier and assembler. Along with Apple, it manufactures and assembles smartphones for Blackberry and Sony.  Wisconsin is working on an economic development incentives necessary to help Foxconn set up a plant in the state.  Foxconn announced it was  investing $7 billion in a U.S. factory, and will hire 50,000 people.  Foxconn is a Taiwan based company. which was recently purchased by Japan's Sharp Corp.  

  

Gas Prices in Oklahoma

Posted by David Oliver on 6/15/2017 to Market Sectors
Gas Prices in Oklahoma
Gas Prices in Oklahoma

Oklahomans are Enjoying the Nation's Lowest Gas Prices.


IncSmart Oklahoma (Small Business and Startups) - Car owners in Oklahoma are enjoying the nation's lowest gas prices average statewide.  The price for a gallon of gasoline was $2.05 Monday, but the lowest price at the pump is under two dollars at Oklahoma City and Tulsa outlets.  U.S. production is expected to reach 10 million barrels a day in 2018, almost close to or breaking records set in 1970 record. U.S. demand for gasoline consumption is down 1 percent from last year.

Schuylkill Yards in Pennsylvania

Posted by Pat Turner on 6/14/2017 to Real Estate
Schuylkill Yards in Pennsylvania
Schuylkill Yards in Pennsylvania

14 Acre Project in West Philadelphia

IncSmart Pennsylvania (Small Business and Startups) - Philadelphia real estate development is booming.  A new 14 acre master planned community project in West Philadelphia.  It will be a mix of retail spaces, residential, corporate offices, and research laboratories. The project is next to Amtrak’s 30th Street Station and Brandywine’s Cira Centre.   The community will also host hospitality and cultural venues and public open spaces The first phase includes the creation of a 1 acre park and the renovation of the Philadelphia Bulletin building at 3025 Market St. 


Major League Soccer Ohio Expansion

Posted by Davd Oliver on 6/13/2017 to Business Opportunities
Major League Soccer Ohio Expansion
Major League Soccer Ohio Expansion

Futbol Club Cincinnati 

IncSmart Ohio (Small Business and Startups) - Major League Soccer may be expanding Cincinnati.  The new stadium was unveiled for the club's home.  They hope to break ground on the stadium by early spring 2018. Cincinnati has a great tradition of soccer from youth to our collegiate programs.  The Queen City's newest professional sports team could start playing by 2020.


Developing Michigan Real Estate

Posted by Pat Turner on 6/12/2017 to Real Estate
Developing Michigan Real Estate
Developing Michigan Real Estate

Downtown Detroit Making Headway

 
IncSmart Michigan (Small Business and Startups) - Better Buildings, better Blocks, is a low cost three month seminar costing $100.  The seminar was created to help local residents to invest in property and develop real estate. This project is one of 33 that helps local residents become a part of the new Detroit.  Make Detroit Great Again.   

Wild Blueberries of Maine

Posted by Pat Turner on 6/11/2017 to Market Sectors
Wild Blueberries of Maine
Wild Blueberries of Maine

Declining Prices and the Mummy Disease


IncSmart Maine (Small Business and Startups) - Maine's blueberry industry is under assault.  Not only does the state government fear the possibility of losing blueberry growers due to a depression in prices, it is fighting a new Mummy Berry Disease brought about by the very honey bees they ship in to pollinate the berry flowers.  Maine has experienced a multi year boom in harvest that has led to surplus. These bumper crops bring lower prices.   Canada also competes with the market for wild blueberries and is winning with the weaker Canadian dollar.  The drop in prices to farmers hasn't trickled down to retail customers yet.   A state budget proposal that would use $2.5 million in state money to market agricultural products such as blueberries. 

Minnesota Apartment Shortage

Posted by Sandy Roberts on 6/10/2017 to Real Estate
Minnesota Apartment Shortage
Minnesota Apartment Shortage

Twin City Demand Exceeds Supply

IncSmart Minnesota (Small Business and Startups) - Minnesota is enjoying a strong housing market.  More apartments have been rented than new units being built.  Vacancies remain low and landlords are raising rents.  Twin City suburbs has had minimal construction for the last 20 years.  The demand for rental units ranges from over every price range.  Metro vacancy rate is 2.7 percent. The overall average rent is $1,110.  This is a 5.4 percent increase compared with last year. 

New Coal Mine in Pennsylvania

Posted by David Oliver on 6/9/2017 to Business Opportunities
New Coal Mine in Pennsylvania
New Coal Mine in Pennsylvania

Make Coal Great Again


IncSmart Pennsylvania (Small Business and Startups) - Is the war on coal over?  The U.S. added 400 coal mining jobs during May and the first new mine is opening after 6 years of decline.  The Corsa Coal Corp. will supply coal used in making steel and is expected to generate up to 100 fulltime jobs.  This coal is called metallurgical coal.  Metallurgical coal a niche market that is only between 5 percent and 10 percent of coal production.  Metallurgical coal operates independently of the market for power-generating coal.  Corsa hopes to open another metallurgical coal mine next year, and a second in 2019.

Alaska Aerospace Corp

Posted by Pat Turner on 6/3/2017 to Space Industry
Alaska Aerospace Corp
Alaska Aerospace Corporation

The Pacific Spaceport Complex Aggressively Seeking Contracts

IncSmart Alaska (Small Business and Startups) - Alaska Aerospace Corporation has reopened the Pacific Spaceport Complex after a devastating launch failure in 2014.  The extensive damage occurred during it's last launch. The Pacific Spaceport Complex formally know as the Kodiak Launch Complex, is a wholly owned subsidiary of the Alaska Aerospace Corporation, and the Alaska Aerospace Corporation is a wholly owned by the state of Alaska.  Alaska is expanding it's local industry to add to it's already profitable oil business.  Pacific Spaceport is 250 air miles southwest of Anchorage in the Gulf of Alaska is located at Narrow Cape on Kodiak Island.


California $400 Billion Healthcare

Posted by Sandy Roberts on 6/2/2017 to Healthcare
California $400 Billion Healthcare
California $400 Billion Healthcare

Questions Remain on how to Increase from the Current Budget of $180 Billion

IncSmart California  (Small Business and Startups) - The California state government is passing legislation for Californians to receive their health coverage by creating a single government run entity.  This will be a California universal-care system for everyone in the state.  Lawmakers acknowledging that the fees are just a guessing game and that significant details remain unanswered.  The biggest question is how the state would pay for and provide care for its residents which number over 39 million.

Ohio Sues Big Pharma

Posted by David Oliver on 6/1/2017 to Business Law
Ohio Sues Big Pharma
Ohio Sues Big Pharma

Opioid Epidemic and the Risks of Painkillers

IncSmart Ohio (Small Business and Startups) - Ohio announces that drug makers violated the Ohio Corrupt Practices Act and committed Medicaid fraud by minimizing the risk of addiction.  The lawsuit is going after the five biggest prescription painkiller manufacturers including powerful drugs like Oxycontin and Percocet.  Ohio will also try and prove the evidence will also show that these companies got thousands and thousands of Ohioans addicted to opioid pain medications, and when patients can no longer afford opioids, they turn to the street and buy prescription opioids or even heroin. 

North Dakota Pipeline Begins Service

Posted by Davd Oliver on 6/1/2017 to Market Sectors
North Dakota Pipeline Begins Service
North Dakota Pipeline Begins Service

North Dakota Oil heads South the Gulf of Mexico

IncSmart North Dakota (Small Business and Startups) - Energy Transfer Partners announced today that the pipe line carrying North Dakota oil through South Dakota and Iowa to it's final destination in Illinois for shipment to customers has begun. The oil then moves to the Dakota Access and the Energy Transfer Crude Oil Pipeline from Illinois to the Gulf Coast. The pipeline should deliver 520,000 barrels daily.  The 1,200 miles line of pipeline will transport light, sweet crude oil from North Dakota to the refining markets in direct and cost effective manner, safer and more environmentally responsible than any  other modes of transportation, including rail or truck.

Stratolaunch Makes California Debut

Posted by Sandy Roberts on 6/1/2017 to Space Industry
Stratolaunch Makes California Debut
Stratolaunch Makes California Debut

Launching Satellites from Aircraft

IncSmart California  (Small Business and Startups) - The Stratolaunch aircraft is out of its hangar for the first time in four years.  The hanger was custom made and built in the Mojave desert.  Now testing begins with ground fueling tests and flight testing.  The Mojave Air and Space Port  was first opened as the Mojave Airport in 1935 as a rural airfield serving the local gold and silver mining industry.  Today it hosts more than 60 companies, which includes the Stratolaunch. 

Illinois Leads in Population Loss

Posted by Davd Oliver on 5/31/2017 to Tips for Entrepreneurs
Illinois Leads in Population Loss
Illinois Leads in Population Loss

Chicago Violence is the Factor

IncSmart Illinois (Small Business and Startups)The American Census reports Illinois keeps loosing population as Chicago struggles to stay as the country's third largest city.  The largest drop in population comes from Chicago and Cook County.  Estimates show the losses are 40,000 people in 2016.  The exodus of Chicago's black community, is the largest group leaving the county.  Families want after neighborhood for children.

Howard Hughes Vision for Maryland

Posted by Pat Turner on 5/30/2017 to Real Estate
Howard Hughes Vision for Maryland
Howard Hughes Vision for Maryland

Downtown Columbia Development

IncSmart Maryland (Small Business and Startups) - Opening of new mixed-use building in Columbia finishes the vision of the Howard Hughes Corporation for Columbia Maryland.  Howard Hughes has been developing downtown Columbia since creating  its plan in 2010.  This plan is for a livable village with modern planning ideas for high density communities.  These new communities will encourage walking and biking paths, as the major bike route connecting Howard County Community College with downtown.  This mixed-use development is on the shores of Lake Kittamaqundi.

New Texas Space Company

Posted by Sandy Roberts on 5/29/2017 to Space Industry
New Texas Space Company
New Texas Space Company

Axiom Space Starts Training in 2017

IncSmart Texas (Small Business and Startups) - Houston based space startup company called Axiom Space.  Axiom Space is the only company in the world equipped to provide NASA-level astronaut training, and all operations required to keep astronauts and tourists safe and productive on orbit. An economic study done by Axiom Space, has yet named the new space city.  The space city mission will cost nearly $37 billion and will be accomplished by 2030.   NASA will install a new commercial module on the ISS to be used by private companies for a docking port as early as 2020.  These docking stations will be used by aerospace manufacturers and launch providers.

Bigelow Aerospace Nevada

Posted by Sandy Roberts on 5/29/2017 to Space Industry
Bigelow Aerospace Nevada
Bigelow Aerospace Nevada

Bigelow Expandable Activity Module


IncSmart Nevada (Small Business and Startups) -Bigelow Aerospace, is already occupying an ISS port with its bedroom-size Bigelow Expandable Activity Module, or BEAM  The Bigelow Space Room a test facility for its own line of inflatable commercial space stations. Bigelow’s next major project is a much larger inflatable module in partnership with United Launch Alliance.  This new project could fly as soon as 2020. The Bigelow Expandable Activity Module (BEAM) is an expandable capsule that van dock with the International Space Station. After docking, BEAM inflates to 13 feet long and 10 feet in diameter to provide a capsule where a crew member can enter.


Kroger Distribution Center in Kentucky

Posted by Pat Turner on 5/26/2017 to Business Opportunities
Kroger Distribution Center in Kentucky
Kroger Distribution Center in Kentucky

Boone County Creates New Jobs

IncSmart Kentucky (Small Business and Startups) - The Kentucky Economic Development Finance Authority approved the financing of a new distribution center for Cincinnati based grocery chain, Kroger Co. (NYSE: KR).  They will issue of up to $70 million in revenue bonds for this huge Kentucky campus.  Kroger has asked for a 50 percent reduction on state and local taxes, which will create a tax savings of $2.8 million.  In return, Kroger will make direct payments to the Boone County School District and the Florence Fire, Extension, Health and Library districts.  The 20 year bonds will be issued by Boone County this summer.