Caterpillar Inc. plans to invest $150 million to build a manufacturing plant in Victoria, TX that will create 500 jobs when it's fully operational. The Victoria Economic Development Corp. will provide $5.5 million in incentives to have the equipment giant become the primary tenant at the 320-acre Lone Tree Business Center. Caterpillar Inc. will take over the entire park, which has been largely vacant for al ...

Medical device maker Biomet Inc. will expand operations at its base in the northern Indiana city of Warsaw and create 278 jobs by the end of 2012. The Indiana Economic Development Corp. announced the expansion, saying Biomet plans to invest $26 million in the project by expanding its headquarters and research and development operations and upgrading equipment. The company also will transfer some manufacturi ...

Viper Motorcycle Company has announced plans to begin manufacturing motorcycles in Auburn, AL. The company will move its operations from Hopkins, MN to Auburn as soon as possible with full production beginning in 2011. A new facility in Auburn Technology Park West will become the new headquarters and production facility for Viper. Company officials expect the creation of 100 new jobs in Auburn over the next ...

In what is being hailed as a major victory for U.S. manufacturing, two of China’s leading power generation companies have agreed to use U.S.-made components to build a $1.5-billion wind farm in Texas after two U.S. senators and several major unions protested that the original project plan would have sent 2,000 jobs overseas. The United Steelworkers (USW) announced it has cut the landmark deal with A-Power E ...

Gov. Arnold Schwarzenegger probably thought he was taking a well-deserved break from California’s endless budget crisis when he agreed to film a cameo in Sylvester Stallone’s new action movie, The Expendables. The Governator’s brief star turn comes at the beginning of Stallone’s new opus, which features an all-star cast of aging action heroes and has been met with a less-than-enthusiastic reception by film ...

Stanly County and two towns will offer Michelin $900,000 in incentives for the promise of adding 70 jobs to the company’s aircraft tire plant just outside of Norwood. Michelin plans to spend $11 million to expand its aircraft tire retreading operation and add the jobs to the plant’s work force of 320. Kevin Gullette, executive director of the Stanly County Economic Development Commission says the tire compa ...

Allison Transmission has opened a new hybrid manufacturing plant in Indianapolis, which will be capable of churning out more than 20,000 commercial-duty hybrid propulsion systems a year. The new Allison hybrid propulsion system captures kinetic energy and later reuses the energy to propel or reaccelerate the vehicle. The recovered energy can also be used to power vehicle accessories. "Over $130 million is b ...

Gov. Gary R. Herbert has announced that Adobe Systems Inc. plans to build a new technology campus in Utah, a decision that could potentially create up to 1,000 new high-tech jobs in the state over the next 20 years. “This is a major announcement for our State and its citizens, and offers further proof that Utah’s software and technology industry is thriving,” Gov. Herbert said during a news conference at th ...

The Boeing Company today announced it will relocate the C-130 Avionics Modernization Program (AMP) and B-1 Program from Long Beach, CA to Oklahoma City. The move will begin with C-130 AMP starting in the first quarter of 2011 and conclude by the end of 2012 with the move of the B-1 Program. Both programs are part of the Maintenance, Modifications & Upgrades (MM&U) division of the Global Services ...

Business Facilities has announced the following rankings for the Tucson Region in its 2010 Rankings Report: #1 ALTERNATIVE ENERGY INDUSTRY LEADERS: This category ranks the top 10 metros in overall leadership in alternative energy manufacturing, growth strategy and development of renewable energy. The magazine considers the Alternative Energy Industry Leaders ranking one of its most important “flagship” cate ...