As the global financial system continues to mend, venture capital is beginning to flow back into the biotechnology sector. In Europe, the largest biomed players are thriving, while entrepreneurial biotech start-ups gain traction in the U.S. From the March/April 2013 issue.
A global leader in developing high-tech water pumps and systems, the $4 billion company based in Denmark chose the Chicago area because of its proximity to the resurging manufacturing sector surrounding the Great Lakes and its open political climate promoting advancements in water infrastructure and sustainability.
To date, four economic development organizations from four Great Lakes states have signed on to sponsor the ninth annual event, which will take place May 19 - 21, 2013 at the Westin Stonebriar in Dallas, Texas.
With more than 5,200 full-time employees across the country, Drew Industries currently has approximately 3,400 employees in Indiana. The company has already begun hiring additional engineers, furniture assemblers, general laborers, drivers and welders in Elkhart County.
Three years into a remarkable surge in growth, Faurecia North America announced more details of its plans for a new headquarters building in Auburn Hills, MI, at the hub of activity for southeast Michigan's auto industry.
Under the Natural Gas Modernization, Public Safety & Jobs Act (SB 1665/HB 2414), Ameren Illinois will invest $330 million and create 250 jobs to accelerate its ongoing efforts to strengthen and update its natural gas business in central and southern Illinois.
The company, which provides long-haul, dry van truckload service throughout North America, will invest $5.7 million to build a 61,000 square-foot training facility near its Indianapolis headquarters campus.
The company HQ will be based in the iconic Fisher Building, located in downtown Detroit. A site has also been identified to assemble the first ever pure electric sports car in Michigan, with production to start in August.
With this announcement, Chrysler Group has confirmed total investments of more than $1.6 billion in Kokomo for production of the eight- and nine-speed transmissions as well as various other process improvements at all four facilities in the area. The company currently employs more than 6,100 in Kokomo.
The company will invest $2.7 million to move its headquarters and operations to its existing 130,000 square-foot facility in Fremont. KMI also plans to relocate fabricating equipment from Ohio and update the Steuben County facility's software and technology.
The Buckeye State aims to improve its competitiveness with a new employer-driven training program to provide direct financial assistance to develop workforce skills. From the January/February 2013 issue
At least $13 billion in public investment is earmarked for port development in the next decade. With the expansion of the Panama Canal and steady growth of U.S. exports, developers and investment interests are bullish on U.S. ports.
From the January/February 2013 issue
In the drive to remain competitive and to free themselves from the encumbrances of labor unions, US manufacturers have been shifting resources to right to work states, where they believe the machine can run better.
Ware Malcomb provided architectural design and interior design services and Ryan Companies US, Inc. was the general contractor for this project that integrates offices, conference centers, and training facilities with warehouse and distribution areas. Dec 11, 2012 @ 11:34 AM
The Akron Control Center will feature advanced computer systems to monitor electrical grid reliability in various geographic areas of the country where FirstEnergy has operations. Nov 29, 2012 @ 11:26 AM
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.
The 17th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent. Learn more at intersectillinois.org.