Online Features Archives
The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.
Buffalo is offering large cash prizes to lure entrepreneurs to the city.
GE’s Industrial Solutions business will invest $7.4 million in its West Burlington, IA manufacturing facility and create 120 new jobs.
Bell Inc. will open its first eastern-U.S. facility in Central Ohio and create 275 new jobs, generating $9.2 million in new annual payroll. The Sioux Falls, SD-based company will invest $30 million in a 165,000-square-foot paperboard carton manufacturing facility in the Columbus area.
Tile and ceramics company Wonderful Group will invest $150 million and create 220 new jobs in Lebanon, TN, the largest-ever capital investment made in the state by a Chinese company.
Eli Lilly and Company will expand its global R&D headquarters in Indianapolis, IN, adding 130,000 square feet to the company’s existing complex.
Submissions for Business Facilities’ 2015 Economic Development Deal of the Year are now being accepted.
Orgill, Inc. will invest $15 million to build a new 100,000-square-foot world headquarters facility in east Shelby County, TN, creating 115 new jobs.
Ohio-based GE Aviation will invest $200 million to build a pair of plants in Huntsville that will produce silicon carbide materials used to make ultra-lightweight ceramic matrix composite components for jet engines.
Geoengineering will be a growth sector in the age of climate change.