07/6/2022

Automotive

Economic development, business expansion and corporate relocation updates for the global automotive industry. These include companies and organizations involved in the design, development and manufacturing of automobiles.

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    Volvo Slovakia

    Volvo To Build $1.25B Electric Vehicle Plant In Slovakia

    Automotive
    Volvo's third European plant will be located in Kosice. The company will receive about 20% of the investment needed for the project as support from the Slovak government.
    Sustainability Industry

    Strategic Sustainability

    Industry Focus
    Among the growing green markets across the U.S. and Canada, recycling operations, electric vehicles, and supporting technology are making inroads.
    Foresee Power Ohio

    Forsee Power Picks Ohio For North American HQ And Gigafactory 

    Foreign Direct Investment
    In Ohio's Columbus Region, France-based Forsee Power will develop a scalable 3-GWh manufacturing site with 150 employees by 2027.
    FLO Michigan

    FLO Investing $3M In New Michigan EV Charger Plant

    Automotive
    With its first U.S. manufacturing facility, Canadian electric vehicle charging network operator FLO will create 133 jobs in Auburn Hills, MI.
    Ford Midwest Expansion

    Ford To Create 6,200 New Jobs In Michigan, Ohio, Missouri

    Automotive
    Ford's $3.7B Midwest investment across Michigan, Ohio and Missouri will support production of 2 million EVs a year by end of 2026, strengthen portfolio of gas-powered vehicles.
    Stellantis Samsung SDI

    Stellantis, Samsung SDI Team Up To Build $2.5B Lithium-Ion Battery Plant

    Automotive
    Stellantis Samsung SDI joint venture to build electric vehicle battery plant in Kokomo, IN is targeted to start in 2025 and create 1,400 new jobs.
    Bryan County Megasite

    Hyundai Will Build First Fully-Dedicated EV Plant In Georgia

    Automotive
    Hyundai Motor Group will invest more than $5.5B in the electric vehicle and battery manufacturing facility, which will be built at the Bryan County Megasite. 
    Shinhwa Auburn Alabama

    Shinhwa To Invest $78M In Alabama Expansion

    Automotive
    The South Korea-based auto parts supplier will create 42 jobs with its second facility in the Auburn Technology Park West.

    The Automotive Industry: Driven To Success

    Industry Focus
    Since the 2003 opening of Nissan’s assembly plant in Canton, Mississippi has been a key player in the automotive industry.
    SEMCORP Sidney

    SEMCORP Will Create 1,200 New Jobs In Ohio

    Advanced Manufacturing
    SEMCORP Advanced Materials Group will invest $916 million to build a lithium-ion battery component manufacturing facility in Sidney, OH. 
    Stellantis Ontario

    Stellantis Picks Ontario, Canada For Major Electric Vehicle Investments

    Automotive
    Stellantis will retool and modernize plants, build two new electric vehicle and EV battery technology R&D centers in Windsor and Brampton.
    Summit Polymers Lawrenceburg Kentucky

    Summit Polymers Will Invest $37.5M In Kentucky

    Automotive
    Tier-one automotive supplier Summit Polymers will locate its third Kentucky facility in Anderson County, and create 218 new jobs.
    Toyota vehicle electrification

    Toyota Investing $383M In EV Growth Across Four States

    Automotive
    Engine, casting investment across Alabama, Kentucky, Missouri and Tennessee will further Toyota’s vehicle electrification efforts.
    Hyundai Alabama Electric Vehicles

    Hyundai Will Add First EVs To Alabama Production Lineup

    Automotive
    With a $300 million investment, Hyundai Motor Manufacturing Alabama (HMMA) will begin building electric vehicles and create 200 jobs at its Montgomery plant.
    March / April 2022 Issue

    March / April 2022 Issue (Volume 55, Number 2)

    Recent Issues
    Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
    VinFast VF 9

    VinFast Picks North Carolina For $2B Electric Vehicle Assembly Plant

    Automotive
    Vietnamese auto maker VinFast will create 7,500 jobs at its first North American electric vehicle and battery manufacturing plant in Chatham County, NC.
    Lithium-Ion Battery Production

    Canada Lands Its First Large Scale Lithium-Ion Battery Production Plant

    Automotive
    In a joint venture, Stellantis and LG Energy Solution will invest $4.1B in Canada's first large scale, domestic, electric vehicle battery manufacturing facility in Windsor, Ontario.
    LG Energy Solution expansion

    LG Energy Solution Will Invest $1.7B In Michigan Expansion

    Automotive
    LGES will expand its Holland, MI plant to produce components for electric vehicle batteries, resulting in the creation of 1,200 new jobs.
    Mark Williams, Strategic Development Group

    The Last Word With Mark Williams, Strategic Development Group

    The Last Word
    Even in the age of COVID-19, the process of selecting the right site for a business remains a crucial part of business activities across the country.
    Bibb County, AL

    Mercedes-Benz, Niagara Bottling Growing Jobs, Investment In Alabama

    Capital Investment
    Mercedes-Benz celebrates the opening of its new Woodstock, AL EV battery factory, while Niagara Bottling plans a new $112 million investment in Opelika.
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    Rankings & Awards

    March / April 2022 Issue

    March / April 2022 Issue (Volume 55, Number 2)

    Recent Issues
    Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
    Virginia Business Climate Award

    Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award

    Press Releases
    Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.

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    Business Facilities Featured Location Spotlight

    Economic Development

    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.

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    Pennsylvania

    [VIDEO] Made Possible in Lehigh Valley

    The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.

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