May 2012 | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The online retail giant is expected to seek tax incentives for the two logistics facilities, which are expected to create 1,500 jobs in the Garden State.
The online retail giant is expected to seek tax incentives for the two logistics facilities, which are expected to create 1,500 jobs in the Garden State.

Monthly Archives: May 2012

Amazon to Build Two Distribution Centers in New Jersey

The online retail giant is expected to seek tax incentives for the two logistics facilities, which are expected to create 1,500 jobs in the Garden State.

SEW-Eurodrive Expands in Spartanburg County

The maker of industrial gear motors and electronics will invest $20 million to grow its South Carolina operation.

INDUSTRY FOCUS: Ports of Success

U.S. export numbers are on the rise. And as the numbers increase, so do the future business possibilities. From the May/June 2012 issue.

Bloom Energy Breaks Ground for Delaware Manufacturing Center

Clean energy servers known as "Bloom Boxes" will be produced on a 272-acre site formerly occupied by a Chrysler assembly plant and now owned by the University of Delaware.

INDUSTRY FOCUS: Data Centers – Growing by Gigabytes

From the snow-capped Rockies of Wyoming to the scenic vistas of the Tennessee Valley, new data centers are popping up across the landscape as a hot growth sector continues to expand. From the May/June 2012 issue

Huntington Foam Expands Operations in Greenville, MI

The custom foam shape molder will invest $2.6 million and receive a $340,000 business development incentive from the Michigan Strategic Fund.

INTERNATIONAL REPORT: Germany and Belgium – Restarting the Engine for European Growth

Spillover effects are traveling back and forth between emerging and advanced economies. From the May/June 2012 issue.

LOCATION FOCUS: Carolinas – Coastal Clout With Global Reach

The Carolinas, well known for their creative climate and low-cost business environment, are now an East Coast engine for growth hitting on all cylinders. North Carolina and South Carolina are busy certifying shovel-ready sites and pioneering new incentives. From the May/June 2012 issue

Calumet Specialty Products Expanding HQ in Indianapolis

The refiner and processor of hydrocarbon solvents, waxes and gels will upgrade its facility and add 48 new jobs.

TeleTech Bringing 700 Jobs to Hopkinsville, KY

The global provider of technology-enabled customer experience solutions will invest $12 million in its Kentucky facility.

State Incentives Legislation Update

By Hickey and Associates

GM Breaks Ground for Wentzville, MO Plant Expansion

The $380-million project will retain or create 1,260 jobs producing next-generation midsize pickups.

Sempra Energy Affirms $6-Billion LNG Facility in Louisiana

The San Diego-based energy giant finalizes a commercial agreement to build a natural gas export hub at its Cameron LNG terminal in Hackberry, LA.

Delaware Looking for Partners to Expand Port of Wilmington

A $500-million project aims to open the port to deeper-bottom vessels that cannot navigate the Christina River.

BUSINESS REPORT: Maryland is Leading the Pack in Energy Efficiency

A state strategy to invest in clean, safe, reliable and affordable energy is generating thousands of jobs while reducing energy consumption. From the May/June 2012 issue

FEATURE STORY: Powerhouses That Put A Jolt In New Projects

A select group of utilities are playing a central role in economic development efforts in the regions they serve. This year, we have conducted a comprehensive survey of the leading players and designated the standouts as our Top Utilities for 2012. From the May/June 2012 issue

Botox Maker to Build $12-Million R&D Facility in New Jersey

Allergan will open a 93,000-square-foot facility in Somerset Corporate Center in Bridgewater, creating 400 new jobs.

Agero Bringing 500 New Jobs to Clarksville-Montgomery County

The Medford, MA-based company selects a Tennessee location for a driver assistance call and data response center.

Hit By a Pitch

Is it game over for Curt Schilling's digital media startup?

Discover Plans $76-million Data Center in New Albany, OH

The credit card giant will create 162 new jobs and retain more than 1,500 jobs when it opens the 97,900-square-foot facility.

CJ BIO America Breaks Ground for $320-Million Iowa Plant

The Korean food products manufacturer will produce more than 100,000 metric tons of lysine at the North Central Ag Industrial Park near Fort Dodge.

Tennessee Film Incentives Get Funding Boost

The legislature approves $2 million for the TN Film Entertainment and Music Commission, with a new formula that will make grant dollars available to smaller, indigenous productions.

AMT Bringing 350 Jobs to Jeffersonville, IN

The automotive parts supplier will invest $19 million in a renovation of the 310,000-square-foot former MKM plant.

Currier Plastics to Double Operation in Cayuga County, NY

The custom plastics molder will invest $20.8 million in its expansion, utilizing $1 million in Excelsior tax credits and a $750,000 state grant.

Bayonne Facility Gets Ready for Largest Container Ships

Global Container will develop a 70-acre terminal that will be the most advanced in the Port of NY and NJ, able to handle shipping from the expanded Panama Canal.

Amazon Plans $20.7 Million Customer Service Center in KY

The Winchester facility will create more than 550 full time positions and 600 seasonal jobs in the Commonwealth.

Toyota Plans $30-Million Expansion in Georgetown, KY

The automaker will increase engine production at its largest North American plant by 25 percent, adding 80 jobs.

Ronpak Moving Headquarters from New Jersey to Louisiana

The paper goods maker will locate its HQ at its new manufacturing center in Shreveport, creating 100 new jobs.

International Paper Invests $44 Million in Louisiana

The paper giant will modernize the 106-year-old Bogalusa mill and retain 411 jobs as part of its $4.5-billion acquisition of Temple-Inland.

On the Front Lines

The NSA is rushing to complete a $1.5-billion cybersecurity center in Utah as the threat increases.

Brick City Receives BF Downtown Revitalization Award

Newark NJ's economic development agency took top honors in our new Economic Development Achievement Awards.

Balchem Invests $10 Million in Alleghany County Facility

The pharmaceutical and food ingredients supplier is establishing an operation in Covington, VA, creating 55 jobs.

Tyson Foods Expands Poultry Processing Plant in MO

The multi-million-dollar upgrade at the Sedalia, MO operation is expected to create 200 new jobs in the next two years.

Rethinking Workforce Development

By Todd Greene, vice president, Atlanta Fed community and economic development group