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

New York lawmakers complain about the short-term results of a long-term development program with 10-year incentives.


https://businessfacilities.com/2016/08/startup-ny-nearsighted/
New York lawmakers complain about the short-term results of a long-term development program with 10-year incentives.

Nearsighted

New York lawmakers complain about the short-term results of a long-term development program with 10-year incentives.

Dana Building New Axle Manufacturing Facility In Ohio

The company will invest $70M and create more than 300 jobs at the Toledo site by 2020.

Italian Paper Company Breaks Ground In Ohio

Sofidel Group’s new $300 million integrated paper mill is expected to bring 300 jobs to Circleville, OH.

Architectural Coatings Company Expanding In Northwest Georgia

Top Gun Powder Coating & Architectural Coating expansions in Adairsville and Jasper will create 70 new jobs and represent a $4 million investment.

TinderBox To Hire Over 200 At Indiana Global HQ

The $3.2 million expansion in downtown Indianapolis comes as the cloud-based sales platform company rebrands itself as Octiv.

Japan-Based Auto Supplier Expands Indiana Manufacturing

Ryobi Limited will invest $97.5 million and create up to 150 new jobs in Shelby County, IN by 2018.

Gerhardi Picks Alabama For First U.S. Plant

The German auto supplier will invest $37.9 million and create 235 jobs with its first North American manufacturing facility in Montgomery, AL.

Teligent, Inc. Celebrates $50M Facility Expansion

The specialty generic pharmaceutical company is expanding its manufacturing and R&D complex in Buena, NJ, with the potential to create up to 200 jobs.

Cascades Tissue Expanding In Oregon

The consumer paper goods manufacturing operation will result in a $64M investment and 80 new jobs in Columbia County, OR.

CSRA Creating Customer Engagement Center In Louisiana

The new operation will create 300 jobs within two years, adding to CSRA's 800-job Integrated Technology Center that will open in Bossier City in late 2016.

Sallie Mae Chooses Indiana For Expansion

The Delaware-based company is expanding in Indianapolis, investing more than $15.7 million and creating nearly 300 new jobs by 2018.

JR Automation Will Invest $5.6M In Michigan

The expansion project will create 250 new jobs in Holland Charter Township.

Mexico-Based Company Building First U.S. Logistics Hub In Indiana

Transpoint Intermodal LLC’s new $13.5 million cargo transfer facility in Fort Wayne will create up to 64 new jobs by the end of 2019.

New Jersey EDA Awards Corning Pharmaceutical Glass $8.3M

The Grow NJ program award targets job creation and will help the company grow in Vineland, yielding a net benefit of $20.4M back to the state over 20 years.

Kronospan $362M Expansion Creating 160 Alabama Jobs

The Austria-based wood-based panel products manufacturer plans to expand its operations in Calhoun County, adding 160 jobs to its Alabama workforce.

Selecting Success

We hope President Obama's last keynote at SelectUSA marked a beginning and not an end.

Glass Manufacturer Expanding In Fremont, IN

Minnesota-based Cardinal IG will expand in Steuben County, IN investing $2.3M and creating up to 38 jobs by 2019.

May / June 2016 Issue (Volume 49, Number 3)

States that are leaders in creating a skilled workforce are the focus of Business Facilities' May / June 2016 issue. Plus, a look at research parks, and the logistics industry.

Columbus, OH Wins $50M Smart City Challenge

The winnings will be used to link neighborhoods and improve mobility for residents, encourage additional growth, and provide an environment for technology companies to locate in Columbus.

Japan’s Largest Steel Producer Expanding In Indiana

Nippon Steel & Sumitomo Metal Corporation's $50M investment will create up to 70 new jobs in Shelby County, IN by 2021.

HighRes Biosolutions Breaks Ground For New Corporate HQ

The laboratory automation product company is moving to a new facility in Beverly, MA with help from the city's Tax Increment Financing (TIF) Program.

Global Demand For French Fries Spurs ConAgra Expansion

ConAgra Foods Lamb Weston will invest $200M to expand its french fry processing operations in Richland, WA, creating 128 jobs.

Grainger Expands In Texas

The maintenance, repair and operating product supplier will invest $3.9 million and create 200 jobs at its new San Antonio, TX facility.

Torchlite Expansion Will Bring 140 Jobs To Indianapolis

The woman-owned digital marketing service provider will benefit from up to $2,825,000 in conditional tax credits and up to $100,000 in training grants.

Business Report-New Jersey: Jet.com Expands HQ in Hoboken

The e-commerce enterprise will double the size of its corporate offices at the Waterfront Corporate Center III, and Allied Specialty Foods decides to stay put in New Jersey.

Business Report: Nebraska – Community Development Block Grant Funds Expansion in York

The Nebraska Department of Economic Development awards $267,955 to help upgrade York Cold Storage’s facility.

State Focus: New Mexico – Welcoming the World

Exports are surging, making New Mexico a magnet for manufacturers with world-class ambitions.

China Jushi Creating 400 Jobs In South Carolina

The company will invest $300 million in its first U.S. fiberglass manufacturing facility at Pineview Industrial Park in Columbia, SC.

London, New York Top Global Cities 2016

A.T. Kearney’s Global Cities 2016 can help businesses make key investment decisions such as where to place regional and global headquarters, as well as manufacturing and research hubs.

Pet Food Maker Will Create Up To 165 Jobs In Indiana

Blue Buffalo Pet Products will invest more than $100 million to build a new pet food manufacturing facility in Richmond, IN.

3D Systems Expanding In Tennessee

Comprehensive 3D products and services provider will invest $2.9 million and create over 50 new jobs in Lawrenceburg, TN.

Business Report: Illinois Leaders Form Non-Profit to Spur Job Creation

The Illinois Business and Economic Development Corp. will adopt best practices and focus on sales, marketing and exceptional customer service.

Flex-N-Gate To Create Up To 650 Jobs In Detroit

The Michigan Strategic Fund has approved a $3.5 million performance-based grant to help automotive supplier Flex-N-Gate open a $95 million plant in Detroit’s eastside I-94 Industrial Park.

Farmers Home Furniture Plans $10M Alabama Distribution Hub

Farmers Home Furniture will invest $10 million in a new 325,000-square-foot distribution center in northwest Alabama, creating up to 80 jobs.

New Logistics And Distribution Center Bringing 110 Jobs To Georgia

Polymer Logistics, a retail ready packaging company, will create 110 new jobs and invest more than $4 million in a new 73,500-square-foot logistics and distribution center in Dublin, GA.

FCA US Invests $12.2M In Virginia Mopar PDC

The over 400,000-square-foot Mopar Parts Distribution Center (PDC) will create more than 70 jobs in Winchester, VA.

Digital Reasoning Expanding HQ In Tennessee

The cognitive computing company will invest approximately $861,500 and create 189 new jobs to expand its Franklin, TN headquarters.

Blackbaud Expanding In South Carolina

Blackbaud, a provider of software and services for the global philanthropic community, will invest $154 million in an expansion of its existing world headquarters operations in Charleston, SC. The project is expected to create 300 new jobs over the next five years.

Chinese Real Estate Investment Plays Growing Role In U.S. Economy

Chinese investment in U.S. real estate has grown dramatically since 2010, according to a new report by Asia Society and Rosen Consulting Group.

Lohmann Specialty Coatings Investing $6.7M In Virginia

The adhesive bonding material maker will expand its manufacturing operations in Orange County, VA creating 56 new jobs.

Business Facilities & COVID-19

Fairfax County, VA Launches Virtual Career Fairs

In response to the COVID-19 crisis, the FCEDA is presenting virtual career fairs to connect college grads with Northern Virginia companies seeking employees.

Indiana Serves 10,000 Small Businesses Through PPE Marketplace

Since launching in early May, the Indiana Small Business PPE Marketplace has received nearly 20,000 orders for personal protective equipment (PPE) and has fulfilled 10,000 orders.

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