Orcon Products Expands to Coffee County The Georgia Department of Economic Development (GDEcD) has announced that Orcon Products, based in Union City, CA, is expanding to Douglas, GA in Coffee County. With this expansion, Orcon plans to create at least 50 direct jobs within the plant’s first 12 months of operation. “Manufacturing companies like Orcon Products represent a vital part of Georgia’s diverse economy,” said Ken Stewart, commissioner of the Georgia Department of Economic Development. “Georgia’s progressive business climate will benefit Orcon Products and foster continued economic growth for Coffee County.” Formed in 1962, Orcon Products manufactures seaming tape for aerospace and carpet applications. The company’s Douglas plant will primarily be tasked with manufacturing carpet seaming tape. This operation will locate in an existing 45,000-square-foot warehouse in Douglas, and will be ready for production by March 2010. Hiring is scheduled to begin by the end of February 2010. “The positive guidance and assistance that the Georgia Department of Economic Development and the Douglas-Coffee County Development Authority provided to Orcon Products during its search for a location for a new manufacturing site were deciding factors in Orcon Products selection of Douglas-Coffee County,” said Hollis Bascom, Orcon Corporation founder, president and CEO. “It’s always a pleasure to work with professionals.” In addition to Coffee County’s pro-business climate, Orcon Products will also leverage the benefit of a well-trained workforce through collaboration with Quick Start, Georgia’s strategic workforce training solution. Quick Start’s five regional offices mean that no matter where in Georgia a company chooses to locate, a Quick Start team of experts is available to provide training services. “It is always a great feeling to bring new jobs to Coffee County and Georgia,” said JoAnne Lewis, Executive Director of the Douglas-Coffee County Development Authority. “With more than 40 years of success, Orcon is a great example of entrepreneurship. The doors of our community are open to job growth and we are proud to have Orcon as a partner.” U.K.-Based Metal Products Facility Set for Liberty County Gov. Sonny Perdue has announced the expansion of Firth Rixson Limited, a United Kingdom-based provider of highly engineered forged metal products, to Midway in Liberty County. The 200,000-square-foot facility will serve as a closed die forging operation providing components for the aerospace industry. Once fully operational, the company’s Georgia facility will create at least 200 local jobs. “The aerospace sector is a targeted industry for Georgia,” said Gov. Perdue. “With the opening of its new operation in Liberty County, Firth Rixson Limited strengthens our leadership position in […]
Integrating geographic information system tools into your site selection process is now a basic step in streamlining the investigation of complex location inquiries.
Oklahoma Gov. Brad Henry has a proposed a $1-billion endowment for the Economic Development Generating Excellence (EDGE) program. Dr. Paul Risser explains how the fund will create research projects that attract jobs. BF: EDGE has focused investments in aerospace, agriculture, biotechnology, energy and weather science. Will the new funding include other initiatives? PR: In 2009 the EDGE program was expanded to include the following areas: aerospace, agriculture, biotechnology, energy, information technology, nanotechnology, sensors, and weather science. Each year the EDGE Fund Policy Board reviews the focal areas for the upcoming funding competition and collectively chooses those areas in which Oklahoma has strong technical expertise and where there are commercial opportunities. BF: The governor has indicated that designated funding to the EDGE endowment will not begin flowing until the state’s budget crisis is over. Will this delay any commitments to specific projects? PR: The first round of funding was committed in 2008 to 5 initial companies, and in 2009 another 5 companies were added to the list of EDGE awardees. The funds available each year are the earnings from the EDGE endowment and thus these will continue to be available each year. BF: Have any of the projects initiated under the EDGE program produced tangible commercial applications? PR: Several of our projects have produced products available commercially. OrthoCare creates high-technology prosthetics; last year, they successfully launched their Compas technology for sale and distribution, as well as announcing four new technologies available in September 2009. There also have been successes in the creation of the SEAM Industries, bringing Oklahoma to the forefront of shape engineering in the MRO (Maintenance, Repair, and Overhaul) industry. Our wind energy project has created a software package that brings together key data for the establishment and operation of wind farms. BF: In the last round of EDGE projects, 94 pre-proposals were winnowed down to 18 proposals that were given a technical review, resulting in five projects. Are there any plans to expand or speed up the proposal review process? PR: The EDGE Policy Board distributed $10.5M in 2008 and $7.3M in 2009. The amount of funding available each year depends on the earnings from the EDGE endowment. As the EDGE endowment grows, more money will be available to fund projects. In 2009, five new projects were awarded funding through the EDGE program. Each year the pre-proposals and the proposals are extensively reviewed by a panel of Advisory Committee experts, the EDGE Policy Board, a team of technical reviewers and the EDGE Administrative staff. Because these are public […]
From the Desk of the Editor in Chief
South Carolina, already home to more than 100 aerospace-related companies, lands a crown jewel: Boeing’s second 787 Dreamliner plant
The Volunteer State surges into a leadership position in green-collar job creation with an aggressive and innovative economic development strategy.
Financial incentives to expand or relocate your business can make the difference in where you choose to grow. This year, we are zeroing in on the newest and most innovative incentives that have been introduced or expanded in the past year.
Business activity never stopped in Minnesota, even during the worst economic downturn since the Great Depression.
Hanwha Expands, Creates Jobs in Opelika Hanwha L&C Alabama (formally known as Maxforma Plastics LLC) announced that the company will begin a second major expansion of their manufacturing facility in the Northeast Opelika Industrial Park. Hanwha is a manufacturer of construction materials such as plastic floor materials, artificial marble, automotive components, interior decorations and other plastic products including packing materials and films. According to information provided by the city of Opelika, the company plans to invest another $11 million for a building expansion and equipment in the city. They will add approximately 25,000 square feet to the existing building for a total of 145,000 square feet. The expansion is expected to be completed by August 2010 and will create 25 new jobs. Hanwha L&C Alabama began operation in Opelika in 2005 and is part of the automotive division of Hanwha L&C Corporation based in Seoul, South Korea, a business averaging over $20 billion in annual revenue. Hanwha’s first Opelika expansion in 2008 was a $15 million investment that created 45 new jobs and 42,000 square feet. Opelika Mayor Gary Fuller stated, “We sincerely appreciate Hanwha’s investment in our community and pledge to continue to support their growth and success here in Opelika.” Northeast Opelika Industrial Park is located on 2,200 acres in the northern portion of Opelika along Interstate 85. Equipped to meet a wide variety of site needs, the largest contiguous parcel is 1,200 acres. The city’s large labor pool of over 440,000 within a 30-mile radius, a top community college within five minutes of the park, Auburn University fifteen minutes away, and transportation advantages that include rail service by CSX and close proximity to Atlanta’s Hartsfield International Airport, make Northeast Opelika Industrial Park attractive to the automotive industry. The new expansion will increase the company’s total investment in Opelika to approximately $43 million, according to the city. Hanwha L&C Alabama is a tier one supplier to Hyundai in Alabama and Kia Motors Manufacturing of Georgia. Industrial Park Planned for Northwest Alabama Regional Airport Site Northwest Alabama Regional Airport has submitted a pre-application for a $5 million Federal Aviation Administration discretionary grant that would pay for infrastructure development on about 90 acres of airport property adjacent to the Muscle Shoals Research Airpark. The idea is to develop an industrial park on airport property that would attract aviation-related businesses to Muscle Shoals, AL. The airport board of directors has agreed to provide a $125,000 match if the grant is approved. FAA discretionary money covers 95 percent of an airport improvement […]