Online Features Articles
Comprehensive immigration reform will do more than give legal status to undocumented workers—it may plug a hole in the skilled workforce needed for America’s high-tech industries.
Recently, Amazon committed to hire more than a thousand veterans in the U.S. in the upcoming year to join the hundreds of veteran employees it has on staff currently. The Department of Veterans Affairs estimates there are more than 1.6 million veterans in the state of Texas. The company will initially create more than 1,000 jobs at the new Texas fulfillment facilities.
“CommVault has said it will eventually add 2,000 employees at the new site in addition to its current 500 in its current headquarters in Oceanport. The company is bound by an agreement with FMERA to generate up to 225 of those jobs within three years of moving in. If it doesn’t, it will face penalties of $3,000 per job not created,” writes Christopher Sheldon of the Long Branch Patch.
Seaports proving to be safe harbors for U.S. industrial real estate sector, despite a turbulent global economy; big box space close to seaports is disappearing fast.
GM opened the present facility of the Fairfax plant in 1987. Currently, 3,877 employees work at the plant, which stretches over 572 acres. The manufacturing area contains 85 acres under its roof and has a pre-construction floor space of 3,044,561 square-feet. In 2012, GM produced 283,213 vehicles at the plant.
Dean Barber, President/CEO of Barber Business Advisors, will be among the all-star list of guest speakers featured at the upcoming Business Facilities LiveXchange event. The ninth annual event will take place May 19-21, 2013 at the Westin Stonebriar in Frisco, TX.
Capital investment in Boulder manufacturing plant more than doubles spacecraft production to accommodate business growth and new programs.
Pinnacle presently occupies 170,000 square feet at One Commerce Square in downtown Memphis, which houses approximately 500 employees. Tentative plans call for the move to Minnesota to be completed by May 2013.
Boeing’s 787 battery woes could have a wide-ranging impact on U.S. aerospace manufacturing. Boeing’s new flagship has been grounded indefinitely worldwide as air safety officials and engineers anxiously try to determine what is causing the 787’s lithium battery to catch fire.
Four projects were cited for Honorable Mentions in Business Facilities’ 2012 Economic Development Deal of the Year competition.