Online Features Articles
The new Lubbock site represents a $140 million capital investment and is expected to employ 40 full-time personnel.
The New Jersey Economic Development Authority (NJEDA) has found a novel way of expanding this toolset: NJEDA has made a series of “limited partnership” investments in an NJ-based private venture-capital fund that targets growth-stage tech businesses. The NJEDA is investing more than $40 million in venture capital funds, leveraging investment in NJ businesses to more than $2.5 billion.
Richelieu Foods Inc. will expand its manufacturing capacity by leasing a 115,000-square-foot food grade manufacturing plant in Wheeling, IL.
New York, Rhode Island, Georgia, and at least eight other states were vying for the project, but in the end General Electric Co. has elected to relocate its global headquarters from Fairfield, CT to Boston.
Businesses must adjust how they nurture loyalty among Millennials or risk losing a large percentage of their workforces, according to Deloitte’s fifth annual Millennial Survey.
Robert Bosch LLC will locate its new Research and Technology Center in Pittsburgh’s Strip District, which is becoming a hub for emerging tech-and innovation-focused companies.
BlueLine Associates will establish a new software development office at the Louisiana Technology Park in Baton Rouge, creating 40 new jobs.
When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.
Advance Auto Parts, Inc. will invest $24.5 million and create more than 200 new jobs at its new distribution center in La Vergne, TN.
CGT U.S. Limited will construct a new manufacturing facility in New Braunfels, TX, creating at least 275 jobs and $80 million in capital investment.