Economic development

Comerica Bank Announces Record $100,000 Donation to Winner of 2019 Comerica Hatch Detroit Contest

Largest bank employer in Metro Detroit doubles down on small business in the Motor City
Press Release

DETROIT, June 7, 2019 /3BL Media/ - Comerica Bank, the longest-serving bank in Michigan for 170 years, is excited to announce a new, $100,000 donation to the winner of the 2019 Comerica Hatch Detroit Contest. The record amount in startup funds will go toward opening a brick and mortar business in Detroit, Hamtramck or Highland Park. In addition to Comerica’s $100,000 investment, the bank will also double its organizational support to Hatch Detroit with a supplementary $40,000 donation. 

U.S. Conference of Mayors, Wells Fargo Announce 2019 CommunityWINS® Grant Program

$1 million commitment in 2019 shared by 8 nonprofits to support neighborhood revitalization, economic development and job creation in local municipalities
Press Release

SAN FRANCISCO and WASHINGTON, January 28, 2019 /3BL Media/ - The U.S. Conference of Mayors and Wells Fargo today announced the 2019 CommunityWINS® grant program, aimed at accelerating neighborhood revitalization, economic development and job creation in municipalities across the U.S., with a $1 million commitment by the Wells Fargo Foundation.

New LNG Facility Is Helping to Bring Clean Energy to the World

By Christen McCluney
Blog

In a ceremony held on Thursday, November 15, Cheniere Energy celebrated the production of the first LNG from its Corpus Christi Liquefaction plant in Texas.  The project will continue through commissioning to deliver the first cargo of LNG at the first greenfield LNG export facility in the United States in nearly 50 years.

Sustainability, Commerce and Economics: How to Create the Right Balance – Andy Hoffman Quoted in Business Today

We may be losing the war against climate change, as we fail to approach sustainability-related issues in the right manner.
Article

In a recent article 'The Invisible Hand Won't Solve the Climate Crisis. Capitalism Must Evolve', US professor Andrew J. Hoffman well articulates the perils of global unsustainability and the need to redefine the role of corporation and market.

eBay Revitalizing Main Street by Helping Small Businesses Thrive Locally and Sell Globally

Blog

By Chris Librie

Small businesses are the biggest generator of jobs in America, making up nearly half of all private sector employment. Yet many of those small businesses have been locked into local—and sometimes depressed—markets. Nearly 75 percent of small businesses don’t have any e-commerce presence, and less than 2 percent of U.S. small businesses export.

It Took an Opportunity to Give New Life to an Old Building

Reimagining an old storage building is made possible through an Opportunity Zone investment.
Article

The building looms large on the SouthSide of Bethlehem, Pennsylvania. With its ornate red brickwork, thick walls and heavy wooden beams, it’s seen its share of history during the 125 years it has stood on the edge of the Lehigh University campus. 

For more than half its life the building was an ice plant and cold storage warehouse. But, time and technology have rendered it obsolete. The university used it for many years as a dry storage and maintenance facility. But, the time finally came to find a new use for the old building. 

Caterpillar's Community Impact

Article

Our success contributes to the social stability of regions around the world. Caterpillar and our employees focus on contributing time and resources to promoting the health and welfare of communities in which we work and live. We conduct our business in a manner that respects human rights individually.

The Idea That Transformed the Carolinas

3 men tamed the Catawba River and brought electricity to Carolinas textile mills
Blog

The Carolinas we know today are shaped from Dr. Gill Wylie’s simple idea more than 100 years ago. He wanted to turn water into electricity.

A Baker's Dozen: Duke Energy Economic Development Honored by Site Selection Magazine

Press Release

CHARLOTTE, N.C., September 26, 2017 /3BL Media/ -- For the 13th consecutive year, Duke Energy has been named to Site Selection magazine's annual list of "Top Utilities in Economic Development."

In the magazine's September edition, it credits Duke Energy's economic development team and its successful collaboration with state and local partners for delivering more than $4 billion in capital investments and more than 14,000 new jobs in 2016. Duke Energy has been featured on the list every year since 2005.

Bechtel VIDEO | Raising Standards of a Sustainable Supply Chain

Interview with Héctor García Salgó, Regional President of Bechtel in Latin America
Summary: 

ConnectAmericas interview with Héctor García Salgó, regional president of Bechtel in Latin America, who discusses the importance of developing a sustainable supply chain and working with suppliers from Latin America. 

Blog

ConnectAmericas interview with Héctor García Salgó, regional president of Bechtel in Latin America, who discusses the importance of developing a sustainable supply chain and working with suppliers from Latin America. 

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