Site Meter
Home » Online Features » Daily News (Page 91)

Auto Parts Supplier Expands in Troy, MI

Automotive parts supplier ArvinMeritor will invest $23 million in facility and equipment upgrades to its headquarters in Troy, MI. The company got approval from the Troy City Council this week for personal and real property tax abatements that will total $2.4 million, $454,457 which will be city taxes, over a 12-year period. ArvinMeritor, which specializes in heavy duty truck, defense and industrial drive t ...

Read more

Alaska Expands Development Incentives

Alaska Gov. Sean Parnell submitted four pieces of legislation to encourage increased investment in Alaska’s resource development and create job opportunities for Alaskans. "We continue to focus on legislation that will create economic opportunities and jobs for Alaskans,” Governor Parnell said. The governor transmitted a bill to establish a 20 percent tax credit for qualified research and development conduc ...

Read more

SC, GA Issue Joint Resolution on Ports Dredging

Representatives of development agencies in two states whose ports are competing to become the go-to destinations from an expanded Panama Canal appear to be pooling their resources. South Carolina’s Lowcountry Economic Alliance reportedly has joined the Georgia Ports Authority and the Savannah Economic Development Authority signing a joint resolution in support of deepening both the Savannah and Charleston h ...

Read more

Biofuel Will Help Boligee and the Environment

Coskata Inc. plans to build a new ethanol plant at the Crossroads of America Industrial Park in Boligee, Alabama. The Illinois-based company has secured a $250 million loan guarantee from the U.S. Department of Agriculture and will seek additional funding for the plant, which will turn wood and plant waste into ethanol. After the rest of the money is raised, the company can outline a construction schedule t ...

Read more

UMass Biotech Manufacturing Project Moves Forward

A tentative agreement has been reached to build UMass Dartmouth's proposed $22-million biomanufacturing facility in Fall River on land that had more recently been offered as a site for a casino, university and city officials told SouthCostToday.com. A final decision will be made after additional review at the state level. The $22 million facility, which would be funded with a mix of state and university mon ...

Read more

Delta Power Equipment Plans Facility in SC

The South Carolina Department of Commerce and Anderson County announced that Delta Power Equipment Corporation, a maker of power tools, will establish its new operations in Anderson County. The company will invest more than $3.6 million and expects to generate 40 new jobs. “The new facility will allow Delta Power Equipment to continue its tradition of providing top-notch woodworking equipment to our custome ...

Read more

Eating our lunch

When Japan, Inc. flexed its muscle in the U.S. auto and consumer electronics markets in the 1980s, there was a lot of hand-wringing in America that the Land of the Rising Sun posed an existential threat to U.S. manufacturing. Our friends in Japan responded to this concern, particularly in the automotive sector, by building huge assembly plants in the United States. The message was clear: Japan understood th ...

Read more

Johnson Controls Begins Work on Florence Recycling Center

Johnson Controls has broken ground on a $150-million, fully integrated battery recycling facility in Florence, SC, said to be the first new facility of its kind to receive an air permit in the U.S. in 20 years. The Florence Recycling Center, slated for completion during 2012 and to be operated by Johnson Controls’ Power Solutions business unit, will create an estimated 250 new jobs and approximately 1,000 i ...

Read more

DuPont Picks Iowa for Cellulosic Ethanol Facility

In Iowa, the Iowa Power Fund Board has approved terms to start contract negotiations on a grant award for a DuPont Danisco Cellulosic Ethanol biorefinery that will produce cellulosic ethanol in Iowa, Biofuels Digest reports. With the terms approved, a final contract will be negotiated and could be approved as early as February’s Board meeting. The terms call for a $9 million grant from the Iowa Power Fund, ...

Read more

Premier Manufacturing Expands in Tennessee

Premier Manufacturing Corporation has announced it will expand the company’s Henderson, TN facility. The expansion represents a $2.8 million investment that will add 45 new production jobs to the plant located along Highway 45. Premier Manufacturing is a leading supplier of fabricated wire products for the Heating, Ventilating and Air Conditioning (HVAC) industry. “It’s encouraging and exciting to see exist ...

Read more

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