Daily News Articles
Tennessee Gov. Bill Haslam has announced that an Ohio-based explosives company is planning to build a manufacturing plant in Greene County, TN that will create 80 new jobs. Haslam says Austin Powder Inc. plans to invest more than $110 million for a facility to produce liquid ammonium nitrate, which is used as a raw material in the production of blasting agents used in mining and construction. According to the announcement on Tuesday, the plans call for construction of a five-building complex on the site and the first phase of construction is expected to employ 120 full-time workers.
Intel Corp. has announced it will build a $5-billion plant in Arizona. The new semiconductor fabrication facility, called Fab 42, will open in 2013 and create 4,000 new jobs in the U.S. Intel CEO Paul Otellini announced the deal during a visit by President Obama to Intel’s plant in Hillsboro, OR last week. “Fab 42 will be the most advanced high-volume semiconductor factory in the world,” Otellini said. “This activity will create thousands of construction and permanent manufacturing jobs in this country.” According to Brian Krzanich, Intel’s senior vice president of manufacturing and supply chain, the new fab will create transistors with a minimum feature size of 14 nanometers. Intel announced its next-generation processor chip—codenamed Sandy Bridge—last month. Sandy Bridge-based chips are the first to integrate CPU and graphics processors on one chip, improving performance of the computer.
The South Carolina Department of Commerce and the Economic Futures Group of Spartanburg County have announced that Atlantic Beverage Inc. will locate its new bottling operation in Spartanburg County. The $10 million investment is expected to generate 300 new jobs over the next two years. “We are very excited about bringing our new bottling facility online. Spartanburg County was able to provide us with a building that was the perfect fit. South Carolina has an excellent business environment, a strong workforce and provides us with exceptional access to markets. We appreciate all the support we have received from state and local officials,” said Fran Graham, CEO of Atlantic Beverage Inc. Atlantic Beverage Inc. will open a new facility that will be home to the company’s bottling operations. The company will occupy an existing building near I-26. The company expects to bring the facility online in the next two months. “Atlantic Beverage’s decision to invest in South Carolina is a result of a team effort at the state and local level. South Carolina’s favorable business environment, skilled workforce and top-notch infrastructure offer the winning combination necessary to attract new investment, and because of these strengths we are well positioned to continue to attract new jobs in the future. We welcome Atlantic Beverage to South Carolina and look forward to long and mutually beneficial relationship with them,” said Bobby Hitt, Secretary of Commerce. “We are pleased that Atlantic Beverage Inc. has decided to locate a new facility here in Spartanburg County. We appreciate the efforts of our economic development team, public and private, in securing this business venture in Spartanburg County. We welcome them to our business community and wish them much success,” said David Britt, chairman of Economic Recruitment Committee of Spartanburg County Council and member of the Economic Futures Group Board. The company will be working with Spartanburg Community College on the hiring process, and will gather applications through the college in the coming months. Anyone interested in job opportunities with the company should visit readysc.org/future where listings will be posted when the company begins hiring.
Nanshan America Co. Ltd. has announced it will build an aluminum extrusion plant in Lafayette, IN on land in the Park 350 industrial park near Veterans Memorial Parkway and U.S. 52. “We expect over 200 new jobs in the next two to three years,” said Nanshan America president Lijun Du during an invitation-only announcement at Purdue University, jconline.com reports. “We’ve been studying the U.S. market, the largest in the world, for years. To establish this facility in the Midwest, with the best equipment from Europe and America and an elite American management team and work force, will make us among the leaders in the global aluminum industry.” The new facility will be named Nanshan America Advanced Aluminum Technologies, and the new jobs will pay an average of $15.27 an hour, plus benefits. Nanshan’s U.S. headquarters is in Chicago; its parent company is based in China. Du, a Purdue graduate, met Gov. Mitch Daniels in Shanghai during an Indiana trade mission to Asia last November.
Georgia Gov. Nathan Deal has announced that Pratt & Whitney, a global aerospace leader, will expand its manufacturing facility in Columbus creating approximately 180 new manufacturing jobs. “Pratt and Whitney’s decision to grow its operation in Georgia attests to our deep business resources for this high-tech industry,” said Deal. “Our outstanding logistics infrastructure and experienced workforce, packaged with the vast amount of aerospace research coming out of our universities, can help give these companies the competitive edge they need to succeed in the global marketplace. “Pratt & Whitney has been a large presence in Georgia for more than 25 years and I am proud to continue our state’s long partnership with Pratt & Whitney by adding these new high-quality manufacturing jobs to Georgia’s skilled work force. This expansion further validates our state’s position as one of the top locations in the United States for aerospace employment.” Pratt & Whitney will expand its existing Columbus Engine Center, part of Pratt & Whitney’s Global Service Partners network, with a building refit, additional tooling, new equipment and an upgrade to the facility’s test cell to accommodate Pratt & Whitney’s F117 engine. Engine overhauls for the F117, which is the power plant for the C-17 Globemaster III military cargo aircraft, will be added to the Columbus Engine Center’s existing engine overhaul capability of International Aero Engine V2500s for Airbus A320 series aircraft. The 215,000-square-foot state-of-the art facility, which opened in 1984, is located on 300 acres east of Columbus and already employs more than 300 people. “I am very pleased with the support the Department of Economic Development has provided to help Pratt & Whitney bring approximately 180 new manufacturing jobs to its Columbus engine overhaul facility,” said Pratt & Whitney President David Hess. “These new manufacturing jobs will allow Pratt & Whitney to remain competitive and viable in the global engine overhaul market while keeping jobs in the United States and better serving its long-time customer, the United States Air Force and its large C-17 fleet located in Charleston.” Georgia Quick Start will partner with the company to provide customized training for its workers. Pratt & Whitney’s Columbus Engine Center has also worked with Columbus Technical College and South Georgia Technical College to establish aviation co-op and intern programs to train new mechanics. Department of Economic Development project managers Candice Scott and Andrew Neumann assisted the company with its decision to locate these jobs in Georgia, as did the Greater Columbus Chamber of Commerce. “On behalf of the business leadership in Columbus, we […]
Gestamp Renewables and the Worthington Energy Group, a subsidiary of Worthington Industries, Inc., have announced they will build a wind tower manufacturing facility in Cheyenne, WY under a joint venture, Gestamp Worthington Wind Steel, LLC. The 160,000-square-foot manufacturing facility will be established on 30 acres of land in the Cheyenne Logistics Hub at Swan Ranch. The company anticipates hiring 150 local employees and investing nearly $40 million on construction of the facility, land improvements and equipment. Gestamp Worthington considered several states for the location of its North American tower manufacturing facility. The Wyoming Business Council worked with local Wyoming economic development organizations to help the company evaluate various locations in Wyoming. Once the company made the decision to choose Cheyenne, the Business Council worked closely with Cheyenne LEADS to help facilitate the company’s ultimate location in Cheyenne. “I want to express my gratitude to the Business Council and Cheyenne LEADS for their work. I am also glad to welcome Gestamp Worthington to Wyoming,” Governor Matt Mead said. “We are certainly pleased to see this added level of economic benefit from the use of our nationally recognized wind resource.” The company plans to manufacture more than 300 wind towers per year to be used primarily in wind farms within the state of Wyoming. The tower sections will be used with 2 to 3 MW turbines. The company selected Wyoming because of its pro-business climate and strong fiscal standing. “We looked at several locations and considered all of the aspects of logistics, business costs, workforce and regional market projections. Wyoming was at the top of the list,” said Ralph Roberts, president of the Worthington Global Group. “In addition, we saw in Wyoming what we considered to be a very good alignment with our company’s strong work ethic, culture and philosophy, grounded in the Golden Rule. Gestamp Worthington and Wyoming will be a very good fit for each other.” “We’re very pleased that Gestamp Renewables and the Worthington Energy Group have decided to locate this facility here and bring these new jobs to the region,” Bob Jensen, the CEO of the Business Council said. “This adds to Wyoming’s reputation for having the right business climate and transportation infrastructure for this type of manufacturing,” Randy Bruns, CEO of Cheyenne LEADS said Cheyenne continues to be a smart choice for expanding businesses. “We are pleased to have two companies with the stature of Gestamp Worthington bringing 150 good jobs to our community. This illustrates, once again, the value of having available property and a business […]
The Obama Administration’s 2012 budget proposal includes funding for the first phase of construction of the NBAF in Manhattan, KS.
SunEdison, the solar power company is moving its headquarters from Maryland to Belmont, bringing 500 jobs to the city in the process, the San Mateo County Times reports. SunEdison, which develops and maintains solar power plants, plans to move about 100 employees from Maryland and San Francisco to its new office just east of Highway 101, south of Foster City, and add up to 400 new staff in the coming years. The company has been aided by state tax breaks in an $8 million renovation of the space, a location the company picked for its proximity to Highway 101, where it will be visible to about 240,000 drivers daily. The City Council has agreed to waive $86,400 of the $106,400 the company would have to pay in permit fees for renovation, looking instead to the economic benefits SunEdison will bring to the city.
Evergreen Solar’s recent decision to close its Devens, MA solar panel manufacturing plant and move production to China after receiving more than $50 million in state aid has sparked calls from Massachusetts legislators for changes in the state’s economic development incentives program. According to a report in the Worcester Business Journal, State Rep. Harold Naughton of Clinton, MA said this week that state needs more stringent “claw back” provisions to be able to collect money that is given out to businesses if they don’t live up to requirements when receiving state funds. Naughton participated in a panel of state legislators who spoke at a Corridor Nine Area Chamber of Commerce breakfast in Westborough, MA. Evergreen reportedly received about $56 million in state aid, but state officials have said the total cost of that investment to taxpayers will end up being about $18 million. State Sen. Harriet Chandler, D-Worcester, told the panel incentives are important for attracting and retaining businesses, the WBJ reported. “I think we just have to be more careful,” she said. “Let’s not throw out the baby with the bath water.” With state support, Evergreen Solar blossomed in the past three years to become the third-largest maker of solar panels in the United States. Earlier this month, Evergreen Solar announced it will close its factory in Devens, MA and lay off the plant’s 800 workers by the end of March. The company also announced it has formed a joint venture with a Chinese company and will shift production of its solar panels to a plant in central China. The New York Times reported that a key factor in Evergreen Solar’s decision was “much higher government support” available for alternative energy initiatives in China. The Obama Administration says it is investigating whether mammoth subsidies China has bestowed on its burgeoning alternative energy industry violate the free trade rules China accepted when it joined the World Trade Organization. China’s annual investment in alt energy now tops $50 billion, far outpacing all other nations and about $20 billion more than the amount invested by the United States. China’s mass production of solar panels for export have caused a two-thirds drop in the price of panels. Evergreen Solar CEO Michael El-Hillow told the Times the plunge in solar panel prices and the subsidized cost advantage enjoyed by Chinese manufacturers essentially forced him to move his production to China.
The Obama administration is proposing to spend $53 billion over the next six years to help promote the construction of a national high-speed, intercity passenger rail network, Vice President Joe Biden announced this week. The proposal represents a major expansion of the $10.5 billion already spent on high-speed rail expansion since President Obama entered office, including $8 billion in the 2009 economic stimulus package. The national high-speed rail project will be presented in the president’s budget, which he will submit to Congress next week. The plan includes an $8-billion high-speed rail allocation for the coming fiscal year. President Obama said in last month’s State of the Union address that he was setting a goal of giving 80 percent of Americans access to high-speed rail within 25 years. The president said the U.S. infrastructure has “slipped” in recent years. The proposed new investment would accompany a streamlined application process for cities, states, and private companies seeking federal grants and loans to develop railway capacity. “There are key places where we cannot afford to sacrifice as a nation—one of which is infrastructure,” Biden said in a written statement. There is a pressing need “to invest in a modern rail system that will help connect communities, reduce congestion and create quality, skilled manufacturing jobs that cannot be outsourced.” Biden, who commuted regularly by train between Washington and his home state of Delaware during a 36 year as a U.S. senator, has been a prominent advocate for railway travel and a strong supporter of Amtrak.