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

German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.


https://businessfacilities.com/2013/08/dr-schneider-to-create-155-jobs-at-new-manufacturing-operation-in-russell-springs-ky/
German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.

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Latest: Dr. Schneider To Create 155 Jobs At New Manufacturing Operation In Russell Springs, KY - German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.

Dr. Schneider To Create 155 Jobs At New Manufacturing Operation In Russell Springs, KY

German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.

Angus-Palm Expansion In Florence, SC On The Way

The company will employ fabricators, welders, painters, assemblers, material handlers and engineers. Safety training, lean manufacturing, on the job training and engineering/technician training will also be part of the expansion.

Beam Me Down to L.A., Scotty

The entrepreneur behind Tesla and SpaceX conjures up a 700-mph mag-lev train that will take people from SF to LA in 35 minutes.

New Data Showcases Global Automakers U.S. Economic Impact

New survey shows that the percentage of vehicles sold in the U.S. and manufactured in America rose from 50 percent in 2011 to 62 percent in 2012.

Hanwah L&C Continues To Grow In Opelika, AL

Hanwha L&C Alabama, LLC is a part of the automotive division of Hanwha L&C Corporation based in Seoul, South Korea.

Kayser To Create 121 Jobs At New Manufacturing Operation In Fulton, KY

German company to invest $17.5 million in its first U.S. plant; project stems from Governor’s visit in January.

GKN Plans New Regional Headquarters For Auburn Hills, MI

Headquartered in Auburn Hills since 1986, GKN has more than 300 employees at its current 113,000-square-foot facility. Employment is expected to grow by 50 or more full-time employees in the next three years.

Continental Automotive To Invest In NC Facility

Investment of more than $35 million in Fletcher will create 40 new jobs and 88,000 additional square feet of production and warehouse space.

Business Facilities In The News: Rants and Raves: ‘D’ is for dysfunctional party

The Montgomery Adviser "raves: for one more indication of the strong position Alabama holds in the automotive industry. Business Facilities magazine has named Alabama the No. 2 state for automotive industry strength. The magazine noted that it all began with the decision by Mercedes to locate a plant in the state 20 years ago."

Miller Industries To Expand Tennessee Operations

Towing equipment manufacturer to invest $1.8 million in Green County; will create 58 new jobs.

Italian Automotive Supplier Adding New Technology Line In Indy

Reflex & Allen, which has more than 500 employees globally, has already hired finance, sales, quality, operations, engineering, warehousing and production associates and will continue to recruit extrusion and general operators as part of this expansion.

SPECIAL REPORT: Site Location Factors For Automotive Suppliers

Significant site location opportunities exist for OEM, supplier expansions and new facilities in the Central and Southern U.S. that can realize operational and financial goals. From the May/June 2013 issue.

ZF Opens First Passenger Car Transmission Plant In The U.S.

With a total estimated investment of $600 million, the new facility in Gray Court, SC is the largest single venture in ZF's history.

China Surges In Renewable Energy, Vehicles In BF’s Annual Rankings Of Global Leaders

China's triumph is clouded by a WTO ruling against the PRC's subsidies of its solar panel industry.

Business Facilities In The News: Tennessee Ranks No. 1 In Automotive Manufacturing Strength For An Unprecedented Four...

ECD News reports, "Business Facilities, a national economic development publication, has released its annual state Automotive Manufacturing Strength ranking. For an unprecedented fourth consecutive year, Tennessee has been named the No. 1 state in the nation for Automotive Manufacturing Strength."

Business Facilities In The News: Alabama named No. 2 state for automotive industry strength

Dawn Kent Azok of AL.com writes, "Business Facilities magazine has named Alabama the No. 2 state for automotive industry strength. For the fourth year in a row, Tennessee topped the magazine's annual Automotive Manufacturing Strength ranking. But Alabama surged up from seventh place last year."

Tennessee Still No. 1, AL and KY Coming Up Fast In BF’s Automotive Manufacturing Strength Ranking

The Volunteer State is still out front in our annual auto sweepstakes, but two surging contenders are laying down markers for next year's contest.

The Road to Recovery in Detroit

Chrysler's decision to invest $1.8 billion in Motown's last remaining auto plant pays huge dividends.

Corporate Confidence In Auto Industry On The Rebound

Positive sentiment for global economic growth at highest level in two years.

BookItOut Expands Global Reach With New NYC Location

BookItOut offers business intelligence, lead generation, and actual-cost used car values from a proprietary database containing over 15 million purchase transactions from the last year.

FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Many site selectors are surprised to learn the country is an economic leader in Asia and a top-shelf business destination. From the May/June 2013 issue.

Boston’s New Fenway Center Development To Begin Construction

The much-anticipated and much-delayed Fenway Center development, solar power and all, just cleared the final barriers to construction.

ASMO Greenville Of North Carolina To Expand In Pitt County

ASMO North America is a wholly owned subsidiary of ASMO, Co., LTD, headquartered in Kosai City, Japan. The company also operates facilities in Statesville, NC, Texas and Michigan.

Alcoa To Expand Automotive Sheet Capacity In Blount County, TN

Aluminum manufacturer to invest $275 million; will create 200 full-time jobs and 400 construction jobs.

Auto Supplier To Build New Manufacturing Facility In Riverside, MO

Yanfeng USA Automotive Trim Systems, an industry leader in interior component supplies, to make $45 million capital investment.

Meiwa Industry To Establish First North American Operations In Lewisburg, TN

Using a unique plastic extrusion molding and trim cut technology, Meiwa Industry specializes in the manufacturing and sales of high quality automotive interior parts including seat back panels, head liners, and trunk and floor components.

Who Invented the Chocolate Eggcream?

President Obama is scrambling to fix a 2011 law, intended to prevent broadly defined patent infringement claims, that appears to have backfired.

Financial Services Firm Opens New Carmel, IN Headquarters

Carmel-based NextGear Capital announced plans to expand its headquarters, adding 169 jobs by 2015, at a ribbon cutting ceremony. Gov. Mike Pence joined executives from NextGear and Mayor Jim Brainard in celebrating the company’s growth.

Penske Opens New Facility In Phoenix

The 24,000 square-foot structure is situated on 10 acres and has built to service trucks with engines that run on Compressed Natural Gas (CNG) or Liquefied Natural Gas (LNG).

Winners and Losers

Our expert says the new demographics for development mean the most viable way to create jobs may be to steal them from your competitors.

Kobe Aluminum In Bowling Green, KY Breaks Ground On Second Expansion

Japanese-owned automotive supplier to invest an additional $66 million in the state; company will add 100 jobs.

They’re Coming to Take Us Away

A new survey says 60 percent of Americans would welcome driverless cars on U.S. roads.

Subaru Canada Announces North American Expansion

Subaru models currently produced at SIA include the Outback, Legacy and Tribeca, while the Impreza is currently built only at Subaru's Yajima and Gunma plants in Japan.

Hertz Announces Corporate Headquarters Relocation To Florida

Hertz chose Lee County, FL primarily because of its diverse community appeal, work force availability, and accessibility. The company worked closely with Florida Governor Rick Scott as well as other state and county government and business leaders throughout the decision-making process.

Featured Location Spotlight

Location Spotlight: Ohio Electric Cooperatives

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.

Featured Location Videos

“We Build It Better.” | Virginia’s Industrial Advancement Alliance

In a thriving region with industry-leading credentialing programs, a world-class engineering institute, Class A rail line, superior interstate access, and prospering internationally recognized companies like ABB, General Dynamics, and Mohawk Industries, we simply build it better!