Yearly Archives: 2011
A massive automotive investment in Louisville, a $500-million tire plant in Sumter County and a world-class thin-film solar facility in Mesa take top honors in our 2011 Economic Development Deal of the Year competition.
Residents are concerned the casino site is too close to schools and a drain on public resources, but Kialegee's leader says gaming is the only viable economic development for the tribe.
Contrary to the national trend, the retail giant reported that holiday sales at Kmart and domestic Sears stores were down 4.4 percent and 6 percent, respectively, compared to last year.
The company will invest $5 million in a new recycling facility in Barnwell County.
The company will invest about $60 million to add a magnet production unit to the North Carolina facility.
The food giant will invest $3 million for an expansion that will create 55 new jobs at its Missouri facility.
The home improvement giant's new call center, slated to open early next year, will create 600 new jobs.
The 275,000 facility, on a 50-acre site in Granite State Business Park in Rochester, NH, will focus on R&D and production of next-generation composite aircraft components.
The maker of the world’s largest selling brand of chain saws will invest $10.3 million and add 52 new jobs in early 2012.
The IL House approves extended tax incentives for Hoffman Estates in an effort to keep the retail giant from relocating 15,000 jobs.
Long Island, Western New York, the North Country and Central New York were the big winners in a statewide competition for funding of job-creating projects.
The largest grant is for a joint program involving Greater Cleveland Partnership, Team Lorain County, Youngstown-Warren Regional Chamber, Stark Development Board and Greater Akron Chamber.