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

Kimber Mfg Inc. will invest $38 million to build a new production facility in Troy, AL.


https://businessfacilities.com/2018/01/firearms-manufacturer-creating-366-jobs-troy-alabama/
Kimber Mfg Inc. will invest $38 million to build a new production facility in Troy, AL.

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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.

Firearms Manufacturer Creating 366 Jobs In Alabama

Kimber Mfg Inc. will invest $38 million to build a new production facility in Troy, AL.

Truck Manufacturer Expanding In Virginia

Amthor International will invest $7.1 million to expand its manufacturing operations in Gretna, VA, creating 90 news jobs over five years.

Alabama Lands $1.6B Toyota-Mazda Auto Plant, 4,000 Jobs

Toyota and Mazda leaders have selected Huntsville, AL for a new joint-venture manufacturing plant, with production expected to begin by 2021.

Provo, Raleigh, Dallas Top Best Performing Cities List

The annual Milken Institute analysis demonstrates the impact of policymaking on jobs, wages, technology development, and other measures in both large and small cities across the U.S.

Assurant Expanding In Pennsylvania, Creating 307 Jobs

Assurant will invest approximately $4 million to support the growth of its mobile phone repair business, with help from Pennsylvania grants and tax credits.

Beverage Manufacturer, Distributor Relocating HQ To Indiana

Blue Marble Cocktails and Spirits is investing more than $9 million to relocate its Oregon-based headquarters and manufacturing operations to Indianapolis, IN.

Mohawk Industries Announces $10M Virginia Expansion

The flooring products manufacturer is expanding its Glasgow, VA manufacturing operation, creating 15 new jobs with help from the commonwealth’s Opportunity Fund.

Kentucky’s Corporate Investment Hit Record $9.2 Billion In 2017

More than 17,200 jobs were announced in the Bluegrass State last year, the highest number in 17 years.

e-Estonia

A tiny Baltic nation of 1.3 million people has created the world's first truly digital state.

Interstate Group LLC Creating 83 New Jobs In Virginia

The cargo trailer manufacturer will invest $4.1 million to establish an East Coast manufacturing and distribution operation in Giles County, VA.

North Carolina Lands Triangle Tyre’s First U.S. Manufacturing Plant

The China-based tire maker will create 800 jobs and invest nearly $580 million at an advanced manufacturing megasite site located in Kingsboro, NC.

Foxconn Mega-Project Is Business Facilities’ 2017 Deal Of The Year

The $10.7-billion LCD panel production facility is expected to bring a bonanza of 13,000 new jobs to Wisconsin.

Tidewater Boats Growing In South Carolina

The new Lexington County facility will produce larger boats and generate 100 new jobs.

South Carolina Is Business Facilities’ 2017 State Of The Year

The Palmetto State takes BF's top honor by doubling down on its solid manufacturing base while diversifying into new growth sectors.

Booz Allen Hamilton Relocating Offices To Bethesda

The global technology consulting and engineering firm will retain about 750 employees with help from the Maryland Economic Development Assistance Authority and Fund.

New Year, New Wages: Minimum Wage Increases Across The U.S.

On January 1, 2018, 18 states and 19 cities across the United States increased minimum wages, more on deck.

Escue Wood Treated Products Growing In West Tennessee 

The pressure treated wood manufacturer will create 100 jobs and invest $3.3 million in Milan, TN. 

Daesol Material Georgia Creating 110 Jobs In Harris County

The manufacturer of automotive fiber padding invested $35 million to build and equip a 120,000-square-foot facility located in the Northwest Harris Business Park.

Nexteer Breaks Ground On New Manufacturing Plant In China

The automotive supplier's new Liuzhou plant will expand the company's manufacturing capabilities, as well as meet growing demands of the China and Asia-Pacific markets.

Metrican Stamping Expanding In Tennessee

The metal components manufacturer will invest nearly $19 million in its Dickson, TN operations to make room for new equipment and increase production capacity.

Dollar General Creating 400 New Jobs In Texas

The company’s new distribution center in Longview, TX will serve approximately 1,000 Dollar General retail locations in Texas and the southeast.

EV Group Completes Corporate Headquarters Expansion In Austria

The newly opened building in St. Florian, Austria is part of an investment of nearly $24 million that was announced earlier this year.

Business Facilities & COVID-19

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.

Wilson County, Tennessee: Rising To The Challenge With Resilience

They call it "Wilson Strong:" devastated by a pandemic and a tornado, this Tennessee community met the challenge and kept its dreams intact.

Post-Pandemic Industrial Parks: Risk-Resilient, Resource Efficient

Industrial parks can mitigate social, health and environmental risks by embracing a resource-efficient eco-industrial concept.

Featured Location Spotlight

Location Spotlight: Game-changing Logistics Hub in Northwest Ohio

A nationally acclaimed logistics development company is preparing to unveil a master-planned park which will be able to accommodate more than 4 million square feet of industrial space. This park will also lay adjacent to one the country’s most critical intermodal terminals. NorthPoint Development is on a fast track to putting up the $250 million park which is expected to serve as a significant advantage for industrial supply chains in the Midwest.

Featured Location Videos

[VIDEO] Mastered In Tennessee

Companies all across the globe know it’s not just Tennessee's central location, low debt, or pro-business environment that keeps bringing world-class brands to our state. Leaders in the business world rely on Tennessee’s dedication to craftsmanship, our resilience and pioneering vision that we put into everything we do.