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Borets-Weatherford Establishes HQ in Tulsa

Borets-Weatherford, a global provider specializing in the engineering, manufacture, sales and service of Electric Submersible Pump (ESP) systems for the oil and gas industry, has announced at a press conference hosted by the Tulsa Metro Chamber it will establish its North American headquarters, and a research and development, engineering and training facility in Tulsa, OK. The Borets-Weatherford North Ameri ...

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Anthem Blue Cross Stays in Connecticut

Anthem Blue Cross Blue Shield of Connecticut recently announced plans to move its Connecticut headquarters to Wallingford. "We are pleased that Anthem chose to remain within this region and to become part of Wallingford’s business com­munity,” said Wallingford Mayor William Dickinson, Jr. Anthem signed a 10-year lease with de­veloper Workstage-Connecticut LLC to occupy 217,764 square feet of the 300,000-sq. ...

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South Carolina Tissue LLC Picks Barnwell County

The South Carolina Department of Commerce, the Barnwell County Economic Development Commission and the SouthernCarolina Alliance have announced that South Carolina Tissue (SCT) will locate its new production facility in Barnwell County. The $140 million investment is expected to generate 200 new jobs over the next five years. “We have spent over a year working diligently with the state of South Carolina to ...

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PETCO Opens Satellite Support Center in TX

PETCO, a leading national pet specialty retailer, will open a new Satellite Support Center in San Antonio, TX ,the company has announced in conjunction with the San Antonio Economic Development Foundation and civic leaders. The Satellite Support Center is being created as an extension of the company's San Diego headquarters, called the National Support Center, to help store teams provide customer service. T ...

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IBM Teams With Commission on ‘Smart Cape Cod’

The Cape Cod Commission and IBM have announced a collaboration, dubbed "Smart Cape Cod," to deploy sophisticated technology for more efficient management of physical infrastructure, protection of natural resources, and enhanced opportunities for economic growth across the region. This initiative is intended to help Cape Cod execute its Comprehensive Economic Development Strategy, which promotes the use of t ...

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Acumen Solutions Brings 156 Jobs to VA

Acumen Solutions, an international business and technology consulting firm, will spend $2.35 million to expand in Fairfax County, an investment that will bring 156 new jobs to the county, Virginia Gov. Bob McDonnell announced Wednesday. Acumen worked with the Virginia Economic Development Partnership and the Fairfax County Economic Development Authority to secure the project. The Virginia Jobs Investment Pr ...

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Roche Expanding in Tucson, AZ

Drug giant Roche will spend about $180 million in Oro Valley on new buildings and other capital investments while creating 500 jobs there over the next five years. The jobs, to pay an average salary of $75,000, will include positions in science, administration and manufacturing, as the heavyweight bioscience and pharmaceutical firm grows to meet the demands of an aging population, the Swiss-based company re ...

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Multimatic Expands in Northeast Indiana

Automotive components maker Multimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create over 200 jobs by 2013—more than tripling employment there. Toronto-based Multimatic intends to make a “significant investment” in machinery and equipment at its existing 224,000-square-foot facility in the city of Butler, north of Fort Wayne, state economic d ...

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Gulfstream Invests $500 Million in Georgia Facilities

Governor Sonny Perdue joined company officials today in Savannah to announce that Gulfstream Aerospace is expanding its operations in Savannah, adding more than 1,000 jobs and investing at least $500 million. “A company like Gulfstream would be welcomed anywhere in the world, so we are proud they have chosen to expand right here in Georgia,” said Governor Perdue. “Gulfstream’s plan for growth will have a si ...

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G-20 Nations Agree on Plan for Development

The G20 Summit in Seoul, South Korea, ended Friday with leaders issuing a communique that endorsed the multi-year Seoul Development Consensus for Shared Growth. The plan seeks to boost development by taking a "business-focused approach" in the developing world, the Globe and Mail of Toronto reports. The G20 meeting gathers the leaders of the world's largest economies representing 80 percent of global GDP. A ...

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