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

South Korean automotive parts manufacturer to invest $80.5 million to build third manufacturing facility.


https://businessfacilities.com/2014/07/sl-tennessee-llc-to-create-1000-new-jobs-in-clinton-tn/
South Korean automotive parts manufacturer to invest $80.5 million to build third manufacturing facility.

SL Tennessee, LLC To Create 1,000 New Jobs In Clinton, TN

South Korean automotive parts manufacturer to invest $80.5 million to build third manufacturing facility.

Location Focus: The Carolinas – Growth Climate Warms In The Carolinas

Numerous new projects have been drawn to North and South Carolina, where the welcome mat has been set out for innovators and manufacturers across a wide range of industries.

Volkswagen Group Expanding Chattanooga, TN Operations

The state of Tennessee is providing a $165.8 million grant for costs associated with site development and preparation, infrastructure, production equipment acquisition and installation, and facility construction.

Business Report: A Rising Tide Of New Jobs, Investment Rolls Into Alabama

Nearly 17,000 new jobs and more than $4.4 billion in capital investment came to Alabama in 2013.

Certified Chatham Megasite Is Vital Step For Local NC Economic Growth

A Certified Site reduces the risks associated with development by providing detailed information about a site, including price and availability, utilities, access, environmental concerns and potential development costs. Sites are periodically recertified to ensure accurate, reliable data.

Hatch Stamping Company Selects Portland, TN For New Manufacturing Plant

Automotive components manufacturing company to invest $17 million and create 101 new jobs.

Giti Tire To Build New Plant In South Carolina

This is the first greenfield project in North America for Giti Tire. The plant will be built with a focus on maintaining a healthy balance with the environment and following the company's green initiatives.

Nissan Revs Up Production At Canton, MS Plant

Production of the all-new 2015 Nissan Murano crossover later this fall means 500 new jobs for Nissan's Vehicle Assembly Plant in Canton, Mississippi.

Business Report: Businesses Are Finding It’s Better In The Bluegrass State

In 2013, companies invested $3.3 billion in 281 new projects in Kentucky across a broad spectrum of industries, creating 14,000 jobs.

Turbocharging Motown’s Recovery

JPMorgan Chase commits $100 million to help rebuild Detroit.

Ann Arbor SPARK Supports Mahindra GenZe; Company Expands To U.S.

International company expands to U.S. with new vehicle research and high tech manufacturing facility.

$150 Million Aluminum Facility Coming To Bowling Green, KY; Creating 80 Jobs

Japanese, European partnership to supply aluminum sheets to automotive manufacturers.

Toyota Moving North American Headquarters to Plano, TX; Generating 4,000 Jobs

Manufacturing, sales and marketing, corporate and financial services headquarters to unify in new, shared campus.

Molecular Miracle

As flexible as rubber, thinner than a human hair and 200 times stronger than steel, graphene is about to change the world.

Battle for North America

Germany's auto giants are set to unleash billions of dollars to expand North American production.

German 3-D Printing Company voxeljet To Open In Canton, MI

The company’s first U.S. service center is expected to come online in the third quarter of this year and will allow voxeljet to print on-demand parts, molds, cores and models for automotive and other industrial customers.

Dealing from the Bottom of the Deck

Old-school automakers are circling their dealership wagons in a last line of defense against Tesla.

New Kia Facility Breaks Ground In Fort Lauderdale, FL

More than 100 jobs will be created through the 10-month construction period, which should be complete in late 2014 or early 2015.

BUSINESS REPORT: Job Growth Is Ripe From Business Harvest In The Peach State

Georgia notched a 10 percent surge in job creation in fiscal year 2013, with 389 companies investing $6 billion and creating 31,656 jobs.

Chrysler Adds Staff, Expands Sterling Heights, MI Plant

Slated to close in 2010, the Sterling Heights Assembly Plant rises from the ashes with nearly $1 billion in investments; new paint and body shops transform plant into flexible, state-of-the-art manufacturing facility.

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

The 2013 Economic Development Deal of the Year recognizes the locations and economic development agencies that landed the highest impact projects announced between July 1, 2012 and December 1, 2013. This year, the game-changing transformation of a former solar panel plant in Mesa, AZ into a new $1.5-billion manufacturing facility for tech giant Apple takes the top prize.

COVER STORY: State of the Year – Tennessee

Tennessee, already an automotive powerhouse, motors into our winner’s circle with a diverse growth strategy that’s hitting on all cylinders.

Ford Selects Canadian Plant To Build New Global Utility Vehicle

Ford will build an all-new Edge utility vehicle for global markets at its Oakville Assembly plant, near Toronto, following a C$700 million investment to make the plant one of the most competitive and advanced global manufacturing facilities in Canada.

Hendrickson USA LLC Establishing Operations In Elizabethtown, KY

Global auto manufacturer chose central Kentucky due to highly skilled workforce, centralized location.

Automotive Supplier Expanding In Northeast Indiana

Shiloh Industries currently employs more than 2,000 associates across North America, with 86 associates in Auburn and 107 in Pierceton. The company plans to begin hiring for both facilities this year.

Spanning the Hudson

In 2016, a snazzy new bridge will begin absorbing the overflow from any traffic jams on the GWB.

Announcing the 2013 Business Facilities “Deal of the Year” Winners

Greater Phoenix takes top prize for Apple's new manufacturing plant.

Tennessee Is BF’s 2013 State Of The Year

With a diverse, well-executed growth strategy, the Volunteer State takes top honors in Business Facilities annual competition.

Kansas City, MO Assembly Plant Preps To Launch All-New Ford Transit

Ford has welcomed nearly 1,000 new employees at its Kansas City Assembly Plant to prepare for the launch of the all-new Ford Transit, which goes on sale in the United States this summer.

GreenTech Automotive At Work On Tunica, MS, Electric-Vehicle Plant

Second phase of construction continues on schedule for GTA's primary manufacturing facility.

BUSINESS REPORT: Automotive Suppliers Are Multiplying In The Peach State

The new Kia Motors assembly plant in West Point, GA is spurring the development of a growing parts network. From the September/October 2013 issue.

Aisin Automotive Casting Tennessee, Inc. Announces New Investment In Clinton Facility

Automotive parts supplier to invest $53.8 million, create 81 new jobs.

Toyo Tire Breaks Ground For Expansion Of U.S. Manufacturing Plant And Warehouse

Newly expanded facility will be responsible for creating 650 new jobs in Georgia, once it is completed.

BUSINESS REPORT: Regional Utilities Are Busy Powering Growth In The Carolinas

Power giants Duke Energy and Santee Cooper are playing a central role in facilitating business development and site readiness. From the September/October 2013 issue.

Remembering Ed Coene

A visionary entrepreneur who boldly embraced the future, but never lost sight of the enduring values of family and friendship. From the September/October 2013 issue.

PTC Seamless Tube Corp. To Establish Manufacturing Operations In Hopkinsville, KY

Company to invest more than $102 million to retrofit, expand its parent company’s former Hopkinsville location; will create up to 283 new jobs.

Allevard Sogefi Announces $28 Million Expansion, 250 Jobs In Prichard, WV

Sogefi will add engine intake manifolds to the product line in Prichard, adding to the more than five million pumps and filters it already produces annually.

Ford Adds Jobs, Invests Millions In Buffalo Stamping Plant

Ford will invest $150 million in Buffalo Stamping Plant and add 350 new jobs at the facility to support future product growth.

Hertz Announces Worldwide Headquarters Campus Design

The building design focuses on quality and collaborative workspaces, natural day lighting and leading edge office design consistent with industry best practices.

Stadium Arcadium

The Atlanta Braves write another chapter in the long-running saga of publicly financed sports palaces.

Business Facilities & COVID-19

COVID-19 Pandemic Spurs Innovation At ILC Dover

Legendary Delaware manufacturer has introduced a new product, the EZ BioHood, to protect frontline workers during the COVID-19 pandemic.

Tennessee: A Pledge To Recover

Tennessee is doing its best to transition from “temporarily closed” to “permanently open” using statewide initiatives that protect individuals and support businesses.

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Featured Location Spotlight

Location Spotlight: Topeka, Kansas

With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.

Featured Location Videos

BF Location Video: Georgia Ports Authority: Celebrating 75 Years

On March 9, 1945 the Georgia Legislature, anticipating the post-World War II economic boom, created the Georgia Ports Authority, with control over the deepwater ports in both Savannah and Brunswick. Today, the Port of Savannah is the fastest-growing and single largest container terminal in the country, accounting for nearly 10% of Georgia’s economy.