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Gulfstream Invests $500 Million in Georgia Facilities

Governor Sonny Perdue joined company officials today in Savannah to announce that Gulfstream Aerospace is expanding its operations in Savannah, adding more than 1,000 jobs and investing at least $500 million. “A company like Gulfstream would be welcomed anywhere in the world, so we are proud they have chosen to expand right here in Georgia,” said Governor Perdue. “Gulfstream’s plan for growth will have a si ...

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Green, but not Too Green

While we were visiting New Orleans this week for Business Facilities' annual LiveXchange event, we came across an article in Sunday's edition of the Times-Picayune detailing an interesting quandary confronting historic preservation districts when they try to address the need to convert to alternative energy. According to the New Orleans daily, Big Easy resident Glade Bilby ran head-on into this quandary whe ...

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G-20 Nations Agree on Plan for Development

The G20 Summit in Seoul, South Korea, ended Friday with leaders issuing a communique that endorsed the multi-year Seoul Development Consensus for Shared Growth. The plan seeks to boost development by taking a "business-focused approach" in the developing world, the Globe and Mail of Toronto reports. The G20 meeting gathers the leaders of the world's largest economies representing 80 percent of global GDP. A ...

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Levelland Set to Open Industrial Rail Park

Less than one year after breaking ground, Levelland City and Economic Development officials will get engines on track for an $8.6 million industrial rail park in the 12,866 population town. A ribbon-cutting ceremony is slated for 10:30 a.m. Nov. 17. "We've come a long way in 11 months," said Dave Quinn, executive director of the Levelland Economic Development Corporation (LEDC). "We've used the tagline, 'Pr ...

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Irish Company Investing $6.8 Milliion in AZ

AREZ LLC will locate its U.S. headquarters and a new manufacturing facility in Crossett, Arizona; their first location in North America. The Irish company will invest approximately $6.8 million in the facility and create 121 new jobs. AREZ will begin construction immediately and hopes to begin initial production by October 2011. The 270,000-square-foot facility on a six-acre site will produce rosin-based re ...

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ICF Plans for 400 Jobs in Virginia

Virginia Gov. Bob McDonnell announced today that ICF International, a global professional services firm, will expand its corporate headquarters in Fairfax County. According to the Fairfax County Economic Development Authority (FCEDA), ICF is expanding its leased office space to 300,000 square feet for the next 12 years. ICF's commitment to Fairfax County will result in the investment of $20 million to impro ...

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Agriculture brings $34 Million to DE

Delaware Gov. Jack Markell and state officials announced that Mountaire Farms will invest approximately $34.5 million to expand its poultry complex in Millsboro. The plant will add 31 new jobs by December 2011for a total of 3600 Mountaire employees in Sussex County. The new state-of-the-art Resource Recovery Center will convert waste into products for the poultry and commercial pet food industries, recyclin ...

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Pollina Issues Wake-Up Call on U.S. Economic Decline

NEW ORLEANS – Nov. 8 – Author and economist Dr. Ronald R. Pollina brought his clarion call for a drastic change in U.S. trade policies to Business Facilities LiveXchange event here today, telling attendees that our leaders must reverse a steep decline in the nation’s ability to compete with emerging global powerhouse China “before it’s too late.” In his keynote address at LiveXchange, held this week at the ...

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Exergonix Chooses Kansas City Area for HQ

Clean-tech company Exergonix has agreed to locate a $90 million headquarters in the Kansas City area. Exergonix will produce one-megawatt batteries capable of storing solar or wind energy, supplying it to the power grid during peak times. The producer of energy storage systems will bring 275 new jobs to the metro, according to CEO Don Nissanka. The expansion was made public at the annual luncheon of the Kan ...

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Data Center Giant Plans Hub in NJ

i/o Data Centers is planning to build a huge data center in New Jersey to serve as the East Coast hub for its growing colocation business. The company is in the late stages of site selection for a modular data center that will occupy 550,000 square feet of space, which would make the center one of the largest in the country. “We’re expanding to the East Coast,” said George Slessman, CEO of i/o Data Centers ...

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