Industry News

November event focused on site selection trends and issues facing companies in emerging industries, including advanced manufacturing, electric vehicles, artificial intelligence, fintech, biotech, and agritech.

General Motors will invest in four U.S. facilities for V-8 engine production, electric vehicle components, bringing its manufacturing facility investments to more than $37B since 2013. 

In the largest known private investment in the City of Rincon, GA, Sewon America will create 740 jobs and invest over $300 million in a new manufacturing facility.

Food and beverage manufacturers are employing digital tools to increase sustainability and agility.

With an unemployment rate lower than the national average, The Sunshine State offers programs to continue developing its diverse and talented workforce.

The right location plays a crucial role in moving cargo through combined transportation methods.

An outstanding workforce, welcoming business climate, exceptional quality of life and unprecedented financial resources are drawing aviation industry leaders to Northwest Florida.

Locations are attracting aerospace & defense companies with highly educated workers, advanced manufacturing capabilities, and supply chain networks.

In Ireland, Siemens Healthineers will launch a new laboratory equipment R&D center in Swords, while Lufthansa Technik expands in Shannon.

New facility in Simpson County, KY will support growing demand for electric vehicle (EV) batteries, create 141 full-time jobs.

TI's new 300-millimeter semiconductor wafer fab, located next to its existing operation in Lehi, will be the largest economic investment in Utah history.

The 2022 Deal of the Year Impact Awards recognize project investments that will have significant impact in their new or expanded locations, focusing on a specific aspect of the project.

Here are this year’s Deal of the Year award winners, starting with Platinum Winner Empire State Development, for Micron Technology's $100B investment in New York State.

The 2022 Gold Deal of the Year award goes to JobsOhio: Intel is investing $20 billion to build its first semiconductor facility in the U.S. in four decades, choosing Licking County, Ohio.

Orange County Economic Development Corporation: Along Texas’ Gulf Coast, Chevron Phillips Chemical solidifies it roots with an $8 billion integrated polymers facility, in a joint venture with QatarEnergy named Golden Triangle Polymers Company LLC

The 2022 Bronze Deal of the Year award goes to the Savannah Harbor-Interstate 16 Joint Development Authority for bringing Hyundai Motor Group’s $5 billion EV and battery manufacturing plant to Georgia.

MSS Steel Tubes USA LLC and The Robinette Company will create 200 manufacturing jobs in Sullivan and Shelby counties in Tennessee.

Throughout 2022, the Tar Heel State steadily attracted and retained business investment with its regional approach and world-class resources.

Ford will build an LFP battery plant in Marshall, MI, part of the company’s more than $50 billion investment in EV production. The plant will employ 2,500 workers when production begins in 2026.

The Procter & Gamble project is expected to bring 100 new jobs to Box Elder County, UT in the next 20 years, as well as millions of dollars in investment.