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The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.


https://businessfacilities.com/2019/12/hico-locating-first-u-s-production-facility-tennessee/
The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

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Latest: Hyosung Heavy Industries Locating First U.S. Production Facility In Tennessee - The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

Hyosung Heavy Industries Locating First U.S. Production Facility In Tennessee

The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

Kansas Picked For $200M Walmart Distribution Center

The retail giant will create 300 full-time jobs at its new distribution center at the Kanza Fire Commerce Park in Topeka, KS.

Refresco Investing $12M In Oklahoma Expansion

The independent bottler will add 75 new jobs at its Fort Gibson, OK manufacturing operation.

Nice-Pak Products Adding 90 Jobs In Indiana

The New York-based wet wipes manufacturer will expand its operations in Mooresville, IN with help from up to $900,000 in conditional tax credits from the state.

Waterlogic Chooses Texas For North American Headquarters

The drinking water dispenser company will invest $1.6 million and create up to 164 jobs in Grapevine, TX.

Structurlam Picks Arkansas For Its First U.S. Plant

The $90 million precision-engineered mass timber production facility will create 130 jobs in Conway, AR.

Pratt & Whitney Investing $30M In West Virginia Expansion

The aircraft and helicopter engine manufacturer will expand its Bridgeport, WV facility for the maintenance, repair and overhaul of PW800 engines.

Nashville Selected For iHeartRadio Second Digital HQ 

New York-based iHeartRadio digital is expanding its team into Nashville, TN, creating new jobs in the emerging tech hub.

Data Center Company First To Qualify For New Illinois Tax Incentive

STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

Survey Says U.S. Employees Are The Happiest Employees

A new global survey by Mindspace confirms that employees of large U.S. companies are happiest, but small to medium enterprises (SMEs) lag far behind.

United Alloy Building $35M Manufacturing Facility In Texas

The metal fabrication and powder coating company will create at least 100 new jobs at its new 200,000-square-foot manufacturing facility in Seguin, TX.

Dredging To Make Virginia East Coast’s Deepest Port Begins

When dredging is complete in 2024, commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.

Three Companies Expanding, Investing $4.9M In Kansas City, MO

Homebase, Simplifyy and Mark II Transfer Station are expected to bring a total of 388 new jobs to the Kansas City, MO region.

AIRSYS Cooling Technologies Investing $5M In South Carolina

The global information, communication and technology (ICT) cooling solution provider will establish manufacturing operations in Greer, SC, creating 116 new jobs.

Pawtucket, RI Launches $400M Economic Development Project

The project will transform Pawtucket’s riverfront with extensive development, including a new United Soccer League (USL) Championship soccer team and stadium.

Inter Pipeline Commits $7.5M To Plastic Waste Reduction Research 

The 10-year deal with the Northern Alberta Institute of Technology (NAIT) is the largest applied research partnership in the institute's history.

Hyundai Investing $1.55B In First Indonesian Manufacturing Plant

Hyundai Motor will build the vehicle manufacturing plant in Kota Deltamas, east of Jakarta, creating more than 23,000 new direct and indirect jobs in the region.

Solomon Group Creating 86 Jobs With Louisiana Expansion

The New Orleans event and exhibits company will tap into the state’s Entertainment Job Creation Program.

GM And Isuzu Will Create 100 Jobs At New Plant In Ohio

The new $175 million facility will be built in Brookville, OH to help meet demand for Chevrolet Silverado and GMC Sierra heavy-duty diesel pickups.

D3 Engineering Expanding Operations In Upstate New York

The embedded product development company is expanding operations and will create up to 50 new jobs at a new location in Monroe County, NY.

AkzoNobel Investing $55M In North Carolina Expansion

The project will improve efficiencies at the High Point, NC wood coatings operation and strengthen the company's ability to serve customers in North America.

PerceptIn Relocating Global HQ To Indiana

PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.

Israeli Aerospace, Aviation Manufacturer Expanding In Virginia

Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.

Express Rx Chooses Arkansas For Headquarters

The pharmaceutical retailer will create 24 new high-paying jobs at its new headquarters in Little Rock, AR.

Volkswagen AG Investing $800M In Tennessee

Chattanooga has been chosen as automotive company’s U.S. base for electric vehicle production, which will create 1,000 new jobs.

Casey’s General Stores Investing $50M In Missouri

The new state-of-the-art warehousing, logistics and distribution facility in Joplin, MO will create up to 125 new jobs.

Tennessee’s Property Evaluation Program Gets Bigger

Fifty counties in the Volunteer State have participated in the Select Tennessee Property Evaluation Program since its inception in 2015.

TST Fabrications Investing $4.1M To Expand In Virginia

The specialty construction services company will create 34 new manufacturing jobs in the City of Norfolk, VA.

Polk County – Florida’s Best Place For Business

Polk County, Florida located along the heart of the I4 corridor is a multifaceted economic engine centered on innovation, technological advances, manufacturing, logistics and so much more.

Chemetall Completes German Expansion Project

The new laboratory and office building in Langelsheim, Germany is part of the Surface Treatment global business unit of BASF's Coatings division’s commitment to aerospace customers.

New 2019 Economic Development Deal Of The Year Deadline: November 21

The deadline to submit your project for consideration for Business Facilities' 2019 Economic Development Deal of the Year has been extended to November 21, 2019.

Permian Basin Is Booming In Southeast New Mexico

Logistics are being upgraded to support expanding oil and gas production, including a larger regional airport in Lea County now offering non-stop flights to Denver.

Tesla To Locate Gigafactory, Design Center In Germany 

Tesla will create an estimated 10,000 jobs at a manufacturing plant and a design and engineering center in Germany's Berlin-Brandenburg region.

Testronic Digital Media Project Creating 150 Jobs In Louisiana

U.K.-based Testronic will launch a new 150-job testing facility for digital games at Louisiana's New Orleans Exchange Centre.

Mersen To Invest $65M In New Tennessee Manufacturing Operations

The French advanced materials and electrical power company will create approximately 100 jobs in Columbia, TN.

Axiom Group Inc. Bringing 250 Jobs To Ohio

The Canadian automotive supplier will invest $20 million to establish a new manufacturing facility in Toledo, OH, its first U.S. facility.

Hoosiers Are Poised For Hardwoods Industry Growth

The new Indiana Hardwood Strategy is aimed at attracting hardwood processing facilities to the Hoosier State and expanding existing mills.

Koch Foods Investing $50M In New Alabama Feed-mill

The company will new establish a state-of-the-art grain storage and distribution facility in Attalla, AL.

Mississippi: Business Is Blossoming In The Magnolia State

Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.

Growing New Orleans Biotech Companies To Create Over 275 Jobs

The expansions by three biotech firms will create 135 new direct jobs at the University of New Orleans and the New Orleans BioInnovation Center.

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