Site Meter
Home » Online Features » Daily News (Page 103)

New Project Means “Green” for Indiana

Perpetual Recycling Solutions has chosen Richmond, Indiana as the site of its next plant, bringing a $25 million investment and 55 new jobs to the city by the start of 2012. The Chicago-based plastics recycling company is purchasing the former Amcast and General Aluminum manufacturing building at 1561 N.W. 11th St and plans a 20,000-square-foot addition to the 100,000-square-foot building. Kevin Ahaus, Econ ...

Read more

$17 Million Plant Coming to Rankin County

The Scotts Miracle-Gro Company, an industry leading lawn and garden supplies manufacturer, will invest approximately $17 million to open a plant in Pearl, MS. The 292,000-square foot Gulf Line Road facility will create 95 full-time and 50 seasonal jobs. Expected to open in January 2011, the 64-acre site—formerly owned by Clorox Company—will produce lawn and garden products, including Scotts, Ortho and Round ...

Read more

Med Device Maker Expands in Clayton

Novo Nordisk, a global healthcare company and leader in diabetes care, today announced a $73 million expansion of its Clayton, NC manufacturing facility to accommodate increased production capacity for the company's insulin delivery devices. The initial expansion will create 205 new jobs, including 85 in the Novo Nordisk Clayton facility, which currently produces a number of products, including the Levemir® ...

Read more

NC Gets U.S. Funding for Broadband Expansion

Governor Bev Perdue has announced that North Carolina will receive $4.5 million in federal recovery funds to support the development of broadband access and economic development across North Carolina. The funding goes to the e-NC Authority, a state initiative to expand broadband access throughout North Carolina especially in rural areas. The $4.5 million grant is matched by an additional $1 million, includi ...

Read more

Growing by Gigabits: Green IT

  It’s no secret that the United States has come up lame in the global race for dominance in the renewable energy market. The total U.S. investment in renewable energy projects was measured last year at roughly $19 billion, less than half of the investment made by China, the current world leader in the field. In fact, there may be only one alternative energy-related sector left to give Americans an opp ...

Read more

NC Wins a $2.75 Million Operation

TIMCO Aerosystems, LLC will invest $2.75 million to open a manufacturing operation in Wallburg, North Carolina. The company anticipates the creation of 275 jobs over the next five years with an overall average wage of $34,728, not including benefits. TIMCO Aerosystems, a unit of TIMCO Aviation Services, one of the largest maintenance, repair and overhaul (“MRO”) providers in the world, develops, manufacture ...

Read more

U.S. EDA Grant Creates 200 Jobs in MN

The Minnesota Economic Development Fund was awarded $1.4 million from the U.S. Economic Development Administration (EDA). The grant will help create more than 200 jobs and generate upwards of $4.3 million in new private investment in northeast Minnesota. The money will be combined with $772,000 in local matching funds to create a revolving loan fund of nearly $2.2 million. The Arrowhead Regional Development ...

Read more

Cree Inc. to Create 244 Jobs in Durham, NC

Cree Inc. will invest $135 million to expand its Durham, NC manufacturing operations, announced Governor Bev Perdue. The LED lighting company will create 244 new local jobs over the next two years with an average annual wage of $42,726. Cree will receive more than $4 million in state and local incentives if it meets hiring and investment goals. The incentives will help the company produce next generation LE ...

Read more

Energy Innovation Hub Set for Philadelphia Navy Yard

Pennsylvania State University researchers will receive $129 million over the next five years from several federal sources, including the Department of Energy (DOE), and an additional $30 million from Pennsylvania, to develop ways to make buildings more energy efficient. The funds will create an Energy Innovation Hub at the Philadelphia Navy Yard, which will involve researchers from academia, the private sec ...

Read more

© 2014 Business Facilities Magazine | Group C Media | Privacy Policy | Terms Of Use