The U.S. is expected to become the most competitive manufacturing nation over the next five years, with the current leader China sliding into second position, according to Deloitte Global's upcoming 2016 Global Manufacturing Competitiveness Index report.
Blow-molded plastic products manufacturer Lifetime Products, Inc. will invest $115 million in a new manufacturing and distribution operations in Knox County, creating 500 jobs.
Proposition 6 created an initial SWIFT fund of $2 billion, which the TWBD expects to leverage into a total of $27 billion in financing over the next 50 years to implement the state water plan, with about half of that coming from state financial assistance. State officials said TWDB was able to approve a large number of projects in the first round because a majority of entities applying for funds requested long-term financing, which enabled the board to stretch the available funds. TWBD allocates funding for water projects based on a ranking system it developed that takes into account the length of time it will take to implement a project and the overall long-term improvement the project represents. For example, a seawater desalination plant proposed by the Guadalupe-Blanco River Authority received seed funds from TWDB even though it will take much longer to build than other, higher-priority projects. TWDB must by law spend up to 20 percent of Prop 6 funds in the next five years on water conservation or re-use projects.
Daimler Trucks will invest $375 million to enable production of its new DD5 and DD8 medium duty engines at Detroit™ brand headquarters and manufacturing facility in Redford, MI.
The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.
Norway is the most prosperous country, while Singapore is the most successful country economically, according to the 2015 Legatum Prosperity Index™. The report ranks 142 countries across eight categories: the Economy, Entrepreneurship & Opportunity; Governance; Education; Health; Safety & Security; Personal Freedom; and Social Capital.
Ford Motor Co. will create 2,000 jobs and invest $1.3 billion at its Kentucky Truck Plant (KTP) in Louisville to produce all-new 2017 F-Series Super Duty trucks.
Beauty company Mary Kay Inc. has selected the city of Lewisville, TX as the site of the company's new $100 million global manufacturing and R&D operations.
Shell Chemical LP will invest $717 million in a new linear alpha olefins manufacturing unit at the company’s Ascension Parish, LA complex.
Milhaus, a mixed-use development company, will expand its operations in Indianapolis, creating up to 250 new jobs by 2020.
Texas is a magnet for business and individuals for a reason—rather, for many reasons, one of which is the tax climate.
AAIPharma Services Corp./Cambridge Major Laboratories (AAIPharma/CML) is investing at least $15.8 million to expand its laboratory operation and global headquarters in Wilmington, NC, creating at least 37 new jobs by 2018.
General Cable Industries Inc. will create more than 54 positions and invest more than $2.5 million in a consolidation and relocation project in Lawrenceburg, KY.
Driverless cars are being welcomed where you might not expect them.
More than one-third (36%) of global organizations still lack confidence in their ability to detect sophisticated cyber attacks, according to the annual EY’s Global Information Security Survey 2015.
North Carolina doubles down on growth plans for technology and innovation, with new funding and a new university-led program, InnovateNC.
NTN Driveshaft Inc. and its Japan-based parent company NTN Corporation will grow their Indiana operations, establishing a new manufacturing plant in Anderson, IN that is expected to ultimately create up to 510 new jobs.
Microsoft Corp. will invest $402.4 million to expand its data center site in Mecklenburg County, VA, creating 42 new jobs.
McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.
LEDIC Realty Company will invest $10.2 million in a new state-of-the-art national headquarters in Memphis, TN, creating 300 jobs.