Economic Development - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

By 2023, Savannah will add 230 acres of container space, increasing capacity at one of the nation's busiest ports.


https://businessfacilities.com/2021/10/port-of-savannah-to-add-1-6m-teus-of-capacity/
By 2023, Savannah will add 230 acres of container space, increasing capacity at one of the nation's busiest ports.

Facebooktwitterredditpinterestlinkedintumblrmail

Economic Development

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Port Of Savannah To Add 1.6M TEUs Of Capacity

By 2023, Savannah will add 230 acres of container space, increasing capacity at one of the nation's busiest ports.

Joint Venture To Bring Medical Glove Production, 2,500 Jobs To Virginia

Blue Star Manufacturing and American Glove Innovations will invest over $700 million to expand PPE production in Wythe County, VA.

Dow To Build World’s First Net-Zero Carbon Emissions Ethylene Complex

Fort Saskatchewan, Alberta site selected due to availability of carbon capture infrastructure, competitive feedstocks and attractive government partnerships.

Marki Microwave Triples Footprint With 60,000 SF Headquarters

Fueled by record sales growth and a strong 2022 outlook, the expansion coincides with Marki Microwave's 30th anniversary.

Bayer To Invest $200M In Pharmaceutical Plant In Costa Rica

For Bayer, Costa Rica offers an excellent and strategic location, paired with qualified talent, sustainability policies, and the conditions necessary for private investment.

Finance & Insurance: Fintech’s Future Is Now

Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.

IMC Companies To Expand Tennessee Headquarters Operations

IMC Companies will create more than 150 jobs at its new 75,000-square-foot headquarters operations in Collierville, TN.

Nymbus Relocates Corporate Headquarters to Jacksonville

Fintech company Nymbus's new downtown Jacksonville, FL headquarters will connect it with surrounding partners.

New Program Aims To Strengthen Kansas’ Manufacturing Supply Chain

CONNEX™ Kansas allows manufacturers to connect with each other, find suppliers, explore production capabilities and manage their supply chain.

Georgia: Gateway For Global Trade

The Port of Savannah’s Garden City container terminal, the nation’s largest single-terminal operation, is adding more ship-to-shore cranes.

First Solar Puts $680 Million PV Plant In NW Ohio

The new facility in Lake Township, OH will expand the company’s PV solar panel capacity by 3.3 gigawatts.

Smith & Wesson Relocating HQ To Tennessee

Firearms manufacturer will invest more than $125 million, create 750 new jobs with its relocation to Maryville, TN.

Fiserv To Invest More Than $105M In New Jersey Expansion

The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ

California: Supplier Diversity Spurs Equity-Driven Development

The Golden State has launched a program that promotes inclusive procurement as the prerequisite for a resilient supply chain.

Job Development Grants Drive Investment In North Carolina

Incentives provided by North Carolina Economic Investment Committee lead to upwards of $150 million in investment in manufacturing, software industries.

Leprino Foods To Invest $870M In Texas Cheese Manufacturing Plant

Mozzarella cheese maker will create 600 jobs in Lubbock, in one of the state’s largest private investments since inception of the Texas Enterprise Fund.

Sartorius To Expand Business Operations With Michigan Plant

Sartorius' planned 130,000-square-foot plant in Ann Arbor, MI, will create 160 jobs by 2023.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

[VIDEO] Mexia is a great place to live (and do business in!), no matter how you pronounce...

Located in the Heart of the Texas Triangle, Mexia’s centrally located community at the intersection of HWY 84 & 14 provides great access to I-35 & I-45. Our lower cost of living, rich history, shovel-ready industrial park sites, regionally based workforce, and abundance of retail are just a few reasons why Mexia should be on your radar!

Florida: An International Gateway To Growth

Florida’s 15 deep-water seaports and 19 commercial airports are the entry points for a vast international trade infrastructure.

Smoker Craft Invests $12 Million In New Indiana Facility

The expansion will help Smoker Craft meet increased consumer demand, and create up to 100 new jobs in New Paris, IN.

Visa’s New Atlanta Office Hub To Create 1,000 Jobs

Visa will open a new 123,000-square-foot hub in Midtown Atlanta. This major expansion is expected to create approximately 1,000 jobs in the region over the next several years.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

Connecticut Governor’s Report: Leading From The Front

Connecticut succeeded in mitigating the impact of the coronavirus pandemic by aggressively testing people in the early stage of the outbreak, avoiding the massive casualty levels in neighboring states.

Featured Location Spotlight

Location Spotlight: Spotsylvania County, Virginia

Spotsylvania, Virginia is a highly sought after location for businesses due it's strategic location in the mid-atlantic region. With Interstate 95 carrying thousands of people through the county everyday, Spotsylvania has quickly become a hub of economic activity.

Featured Location Videos

[VIDEO] Mexia is a great place to live (and do business in!), no matter how you pronounce...

Located in the Heart of the Texas Triangle, Mexia’s centrally located community at the intersection of HWY 84 & 14 provides great access to I-35 & I-45. Our lower cost of living, rich history, shovel-ready industrial park sites, regionally based workforce, and abundance of retail are just a few reasons why Mexia should be on your radar!