Site Meter
Home » Online Features » Daily News (Page 97)

Doritos Plant Expansion on Hold

For some time now, growing numbers of aging Baby Boomers (and some of their offspring) have been beating the drum for legalization of marijuana, arguing that decriminalizing what may be America’s largest “cash crop” could fill depleted state tax revenue coffers and even spur economic development. Voters in four states have spoken this week and they beg to differ. Weed afficionados believed they had their be ...

Read more

Report: Ford Applies for $150-Million MO Tax Credit

The Missouri Department of Economic Development said Ford Motors has applied for the $150 million, 10-year package of tax credits passed by the Legislature this summer, according to a report from KMBC.com. The application is being viewed by state officials as an indication that Ford has future plans at the Claycomo plant in the Northland. A spokesman for the Department of Economic Development would only con ...

Read more

Nordex Opens AR Wind Turbine Plant

Nordex USA has officially opened its flagship wind turbine manufacturing plant in the U.S. in Jonesboro AR. Representing a $40 million investment, the 150,000 square foot plant is one of the most modern production facilities in the wind industry, optimized for lean flow and reduced lead times for customers. It positions Nordex as a domestic manufacturer of the highest caliber in one of the biggest wind ener ...

Read more

Progress Rail Plans Locomotive Plant in Muncie

In the fourth announcement of its kind this week, Indiana Gov. Mitch Daniels joined executives from rail industry supplier, Progress Rail Services, a subsidiary of Caterpillar Inc., to announce the company's plans to locate a locomotive manufacturing facility in Muncie to serve the diesel-electric locomotive market and position the company to participate in future transit rail projects.  Progress Rail, whic ...

Read more

UA Tech Park Wins U.S. Innovation Award

The U.S. Economic Development Administration has named The Solar Zone at the UA Tech Park the winner of its Innovation in Green Technology Award. The Arizona initiative was among four recipients of the 2010 Innovation in Economic Development Awards, announced at the Southeast Workforce and Economic Development Conference this month. Also cited at the conference, which was co-hosted by EDA and the U.S. Depar ...

Read more

ExactTarget Expands HQ in Indianapolis

Email marketing and interactive marketing provider ExactTarget has announced the company's plans to expand its headquarters in Indianapolis, creating up to 500 new jobs by 2015. ExactTarget's latest expansion in Indiana is the company's third in three years.  The company announced plans in 2007 to add 90 associates at its Indianapolis operations, and in 2008 the company announced plans to open a new technol ...

Read more

U.S. OKs World’s Largest Solar Plant

U.S. Interior Secretary Ken Salazar has approved the world’s largest solar power plant, a $6 billion project in California, according to Bloomberg News. Solar Millenium LLC of Oakland, California, agreed to fund conservation measures protecting the desert tortoise and Mojave fringe-toed lizard in return for permission to build the Blythe Solar Power Project on public land, the Interior Department said today ...

Read more

Ford Invests $850 Million in MI Auto Plants

Ford has announced it will invest a combined $850 million in Michigan between 2011 and 2013 to upgrade manufacturing of fuel-efficient vehicles. The investment will add up to 1,200 new jobs. Two automotive plants in Sterling Heights, MI will get combined $150 million in investment under a package of incentives deals approved this week by the Michigan Economic Growth Authority. Sterling Heights City Manager ...

Read more

Google to Open OK Data Center in 2011

Google is resuming work on a major data center project at MidAmerica Industrial Park near Pryor, OK in Mayes County, saying it will soon need to being additional data center capacity online. The $600 million Oklahoma project was originally scheduled for completion in 2009, but was delayed due to the slowing economy. It is now expected to be operational by the end of 2011. “Over the course of the next year a ...

Read more

ZF Steering Invests $95.8 Million in Kentucky Plant

Gov. Steve Beshear has announced that ZF Steering Systems LLC will undergo a major expansion in Northern Kentucky, investing $95.8 million over the next three years. The growth is a result of increased demand for the company’s new and existing products and involves constructing two new buildings and creating 374 new full-time jobs over the next three years at its facility in Florence, Ky. “Kentucky is proud ...

Read more

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