Montrose Development Debate Federal Opportunity Zone Webinar

The federal tax reform made thousands of changes to the US tax code but one in particular that has caught the attention of the economic development community is the new “Qualified Opportunity Zone” program.  The Qualified Opportunity Zone program is designed to encourage investment in businesses that are located in low-income communities by permitting a […]

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Automation Industry Success Stories Abound

Too often, negative stories of potential job losses accompany discussions of the impact of automation.  However, success stories of automation’s impact exist all over the United States in communities and companies.     Growth has centered on robotics, Automated Vehicles (AVs), embedded and mobile technology, Automated Guided Vehicles (AGVs) and the disrupters of established industries. Robotics Robots

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Automation Impacting the Future of Work

Automation has been impacting work in the United States for over 100 years.  The Kennedy Administration pointed to the impact of automation impacting the manufacturing sector starting in the 1950s.  Industries like textiles figured out how machines could replace humans and produce higher quality products for less money.  Occupations with the highest chance of being automated

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Federal Opportunity Zones Create Substantial Economic Development Opportunity

The recently enacted federal tax reform legislation permits the US Treasury to designate up to 25% of a state’s low wealth census tracts and up to 5% of non-low wealth consensus tracts contiguous to low wealth districts to be Opportunity Zones.   Designated census tracts determined to be Opportunity Zones encourage private sector investment by offering:

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