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CommVault Brings Significant Investment, Job Creation to Jersey Shore

"CommVault has said it will eventually add 2,000 employees at the new site in addition to its current 500 in its current headquarters in Oceanport. The company is bound by an agreement with FMERA to generate up to 225 of those jobs within three years of moving in. If it doesn't, it will face penalties of $3,000 per job not created," writes Christopher Sheldon of the Long Branch Patch. ...

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GM Invests $600 Million in Fairfax, KS Plant

GM opened the present facility of the Fairfax plant in 1987. Currently, 3,877 employees work at the plant, which stretches over 572 acres. The manufacturing area contains 85 acres under its roof and has a pre-construction floor space of 3,044,561 square-feet. In 2012, GM produced 283,213 vehicles at the plant. ...

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Pinnacle Airlines Corp. Headquarters Will Relocate to Minnesota

Pinnacle presently occupies 170,000 square feet at One Commerce Square in downtown Memphis, which houses approximately 500 employees. Tentative plans call for the move to Minnesota to be completed by May 2013. ...

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My Kingdom for a Horse

Boeing's 787 battery woes could have a wide-ranging impact on U.S. aerospace manufacturing. Boeing's new flagship has been grounded indefinitely worldwide as air safety officials and engineers anxiously try to determine what is causing the 787's lithium battery to catch fire. ...

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Business Facilities’ 2012 Deal Of The Year: Baxter Bio/Pharma Complex In Georgia Takes Gold

The Baxter bio-pharmaceutical facility, an integrated campus which will include three main manufacturing components as well as warehousing, utilities and lab support facilities, is expected to directly create 1,800 jobs with an economic impact of $6.2 billion. ...

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