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Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.


https://businessfacilities.com/2018/04/kentucky-governor-boardroom-governors-mansion/
Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.

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Latest: Kentucky Governor’s Report: From The Boardroom To The Governor’s Mansion - Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.

Kentucky Governor’s Report: From The Boardroom To The Governor’s Mansion

Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.

Goodyear, AZ: Foreign Trade Zones Benefit International Businesses

Goodyear has many successful FTZs, which help foreign and international businesses establish and grow operations while limiting tariffs and fees.

Hyundai Power Transformers USA Expanding In Alabama

The $33 million investment will result in 86 new jobs at the company's Montgomery, AL facility. 

Fiat Chrysler Automobiles To Invest Over $1B In Michigan

FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocating truck production from Mexico and adding 2,500 new jobs.

Van Hool NV Building First U.S. Manufacturing Plant In Tennessee

The bus and coach manufacturer will invest more than $47 million and create nearly 640 jobs in Morristown’s East Tennessee Progress Center, a Select Tennessee Certified Site.

Two International Companies Expanding In Mecklenburg County, NC

KURZ and Yokohama Tire Corporation will invest a total of nearly $24 million and create 146 jobs combined.

ATLASBX Locating First U.S. Manufacturing Facility In Tennessee

The South Korean automotive battery manufacturer will invest $75 million and create 200 jobs in Clarksville, TN.

Automotive Supplier Investing $10.8M In Tennessee Expansion

Adient will expand its automotive seating plant in Lexington, TN, creating approximately 200 new jobs.

Red Sun Group Investing $140.5M In UK Auto Plant

The new CAD CAM Automotive plant in Coventry, England will produce commercial vehicles powered by the highly efficient hybrid Ecotive Vehicle Platform.

Dorman Products Investing $55M To Expand In Tennessee

The automotive parts manufacturer will create approximately 215 new jobs at the Tennessee-Kentucky Industrial Park in Portland, TN.

Snapshots: 60 Seconds With Greg Canfield, Alabama Department of Commerce

Greg Canfield, Secretary, Alabama Department of Commerce discusses landing Toyota-Mazda’s $1.6B investment, workforce development initiatives, foreign direct investment, food processing, and more.

VW Will Build New Atlas SUV In Tennessee

Volkswagen will invest approximately $340 million to bring the vehicle to market, in addition to approximately $900 million already invested to expand the Chattanooga plant for Atlas production.

Locations For The Automotive Industry: Light Truck Takeover

While auto sales are expected to decrease in 2018, manufacturers can still bank on the larger market share of SUVs and CUVs to help keep the industry afloat.

Transformers

Hyper-fast 5G cellular service will require transmitters disguised as mailboxes under small-scale cell towers that double as streetlights.

DENSO Investing $190M In Tennessee

The global automotive supplier’s expansion will create 320 manufacturing jobs in Athens, TN.

Airstream Investing $40M In Ohio Expansion

The manufacturer of the iconic "silver bullet" travel trailer is undertaking the largest plant expansion in company history in Jackson Center, OH, creating 280 new jobs.

Missouri Lands Faurecia’s $60M Manufacturing Facility

The new 250,000-square-foot automotive manufacturing plant will bring 300 new jobs to the Kansas City metro region.

Alabama’s 2017 Exports Set New Record

Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.

2017 Economic Development Deal of the Year Honorable Mention Awards

This year’s competition was chock full of big-ticket projects and locations that pulled out all the stops to land them, so our judges convinced us that 10 of them deserved Honorable Mention Awards.

January / February 2018 Issue (Volume 51, Number 1)

The January / February 2018 Issue features the State of the Year and Deal of the Year winners, an exclusive interview with Arkansas’ governor, plus a look at utilities, automotive, food processing, and aerospace & defense.

Aisin Drivetrain Investing $16M In Indiana Expansion

The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.

2017 State Of The Year: South Carolina

The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.

Tru-Tone Finishing Creating 120 Jobs In Kentucky

The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.

Nikola Motor Company Chooses Arizona For $1B Investment

The company will create more than 2,000 jobs at its new hydrogen-electric semi-truck manufacturing headquarters facility in Buckeye, AZ.

Innovative Vehicle Solutions Expanding In South Carolina

The custom commercial vehicle builder will create 108 new jobs in Charleston County, SC.

Atlanta Lands Groupe PSA North American Headquarters

After a yearlong, nationwide search, the French automobile and motorcycle manufacturer has chosen to establish its new North American headquarters in Atlanta, GA.

Novelis Investing $300M In Kentucky Automotive Finishing Plant

The expansion will create approximately 125 new jobs and accelerate delivery of innovative, lightweight aluminum solutions to growing U.S. market.

Sumitomo Machinery Investing $10M In Virginia Expansion

The expansion of the company’s manufacturing operation in Chesapeake, VA will create 26 new jobs.

Fiat Chrysler Automobiles To Invest Over $1B In Michigan

FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocate truck production from Mexico, and add 2,500 new jobs.

Canada Investing Over $33M In Automotive Growth

Eleven companies in Ontario, Quebec and British Columbia will receive support from the federal government to advance automotive tech, create more than 2,600 jobs.

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.

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.

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.

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Oconee County is blessed with over 60 manufacturers that employ over 6,000 people, this represents nearly 18% of our county’s entire workforce, and the manufacturing average wage in Oconee County is in excess of $58,000/year.