smokestack chasing
n.— «After years of seeking new manufacturing outfits to fill empty plants—a practice known as “smokestack chasing”—towns have decided that their aim should be attracting technical and professional workers.» —“For struggling N.E. towns, revival is a work of art” by Sarah Schweitzer in Hardwick, Vermont Boston Globe Oct. 31, 2007. (source: Double-Tongued Dictionary)