The company is investing $22 million in its Tennessee laminates facility. Owens Corning is investing $22 million in an expansion of its North Memphis, TN, facility. The site currently produces residential and commercial roofing strip shingles, and employs 92 people. The investment will create 15 new jobs, and allow Owens Corning to expand the site's manufacturing capability to include aesthetically pleasing ...

Governor Steve Beshear and Economic Development Cabinet Secretary Larry Hayes announced Blackhawk Composites, Inc., a start-up manufacturer of advanced aerospace composite parts, will begin manufacturing operations in Butler County. The project entails the creation of 20 new jobs initially, growing to 30 within the first year, and a more than $1.5 million investment in the Commonwealth. "The start-up of Bla ...

We have been reporting for some time in this space that the shortage of skilled workers in the U.S. has been exacerbated in recent years by the government’s decision to cut back on H-1B visas. The quota of H-1B visas, which are reserved for highly trained technology professionals, was reduced to 65,000 due to mounting security concerns after the 9/11 attacks. In 2007 and 2008, applications for H-1B visas ex ...

Gov. Mark Sanford, the South Carolina Department of Commerce and the Darlington County Economic Development Partnership this week joined New South Lumber Company, a member of the Canfor group of companies, at a ribbon cutting event to celebrate the company’s expansion in Darlington County. The company invested $7 million to make upgrades and additions to its facility. “These additions to ou ...

The shape of the new economy is going to be defined by an emerging $3-trillion global market in carbon emissions credits, attendees at the fifth annual Business Facilities LiveXchange were told Monday.In a keynote address entitled "Contemplating Carbon: How Climate Change Regulation May Effect Business Facility Decisions," San Francisco-based attorney William Sloan predicted that a cap-and-trade system of c ...

Governor Jennifer M. Granholm and Michigan Economic Development Corporation (MEDC) President and CEO Greg Main have announced that the Michigan Supplier Diversification Fund will help two companies -Maverick Industries Inc. and Wolverine Metal Stamping Inc. - expand operations and create jobs. The program addresses the current lack of bank financing available to companies that are attempting to diversify. T ...

Dell announced this week it will close its desktop computer manufacturing plant near Winston-Salem, NC by the end of January. The plant, which employs 905 workers and produced units mainly for business customers opened four years ago. The Dell facility was showered with a state incentives package worth an estimated $318 million, primarily tax breaks and grants, when the computer firm decided to locate the p ...

As sustainable development has quickly moved from an admirable goal to a requirement, everyone needs to get up to speed on the terminology of green building. Just in time comes a high-quality online dictionary of Green Industry Definitions, compiled by the Glenview, IL-based Metal Construction Association. This comprehensive, easy-to-understand list fills a need for companies who want to appropriately marke ...

Each year, our LiveXchange event provides a fertile meeting ground for site selectors and senior economic developers. This year—as every sector battles its way from the depths of recession into the sunlight of an emerging recovery—we believe LiveXchange presents a crucial, not-to-be-missed opportunity for locations to zero in on pre-qualified, viable projects in an economy that has winnowed the field and in ...

IVC US is investing $70 million in an upgrade of its Dalton, GArnfacility, installing what it says will be the longest vinyl productionrnline in the world.IVC Group unveiled plans for construction ofrnits new IVC US, Inc. headquarters to include manufacturing andrndistribution facilities. The 520,000 sq. ft. facility -- which morernthan doubles the size of the present IVC US Dalton, GA location -- is arngre ...