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Economic development and relocation articles about the automotive industry and supporting businesses are covered here.

ASMO Greenville Of North Carolina To Expand In Pitt County

ASMO North America is a wholly owned subsidiary of ASMO, Co., LTD, headquartered in Kosai City, Japan. The company also operates facilities in Statesville, NC, Texas and Michigan. ...

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Meiwa Industry To Establish First North American Operations In Lewisburg, TN

Using a unique plastic extrusion molding and trim cut technology, Meiwa Industry specializes in the manufacturing and sales of high quality automotive interior parts including seat back panels, head liners, and trunk and floor components. ...

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Financial Services Firm Opens New Carmel, IN Headquarters

Carmel-based NextGear Capital announced plans to expand its headquarters, adding 169 jobs by 2015, at a ribbon cutting ceremony. Gov. Mike Pence joined executives from NextGear and Mayor Jim Brainard in celebrating the company’s growth. ...

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Penske Opens New Facility In Phoenix

The 24,000 square-foot structure is situated on 10 acres and has built to service trucks with engines that run on Compressed Natural Gas (CNG) or Liquefied Natural Gas (LNG). ...

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Winners and Losers

Our expert says the new demographics for development mean the most viable way to create jobs may be to steal them from your competitors. ...

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