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.
2017 Economic Development Deal of the Year: Gold Award
Wisconsin lands a foreign direct investment bonanza that promises to create 13,000 new jobs over the next five years at a new 20-million-square-foot LCD panel plant.
Foxconn Buys Northwestern Mutual’s Downtown Milwaukee Building
The building will serve as the headquarters for Foxconn’s Wisconsin operations and the Wisconn Valley Innovation Center, and is in addition to the company’s $10 billion manufacturing campus..
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.
International Paper Boosts Alabama Investment Over $522M
The company will increase its planned investment in its Riverdale Mill in Selma, AL as part of a strategic plan to grow its industrial packaging business.
NAI Investing $2.7M, Creating 139 Jobs In Michigan
After considering several states and Mexico for the expansion project, North American Interconnect, LLC will invest $2.7 million and create 139 job in Livingston Township and the city of Troy, MI.
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.
Zeus Industrial Products Expanding In South Carolina
The polymer extrusion manufacturer will create more than 350 new jobs in Calhoun County, SC.
Superion’s Florida Expansion To Create 355 New Jobs
The software company will invest more than $12 million to expand its operations in Seminole County, FL.
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.
PAC Creating Over 160 Manufacturing Jobs In Pennsylvania
The manufacturer of flexible packaging will invest more than $28 million to expand into the greater Bethlehem area.
Industrial Hemp Operation Will Create 271 Jobs In Kentucky
AgTech Scientific will invest $5 million in a state-of-the-art, 50,000-square-foot hemp-products development and manufacturing facility in Paris, KY.
Delek US Holdings Expanding Middle Tennessee HQ
The Fortune 500 energy company will invest $4 million and create 175 jobs in Brentwood, TN.
Innovative Vehicle Solutions Expanding In South Carolina
The custom commercial vehicle builder will create 108 new jobs in Charleston County, SC.
London, Los Angeles, New York Top Cities For Global Real Estate Investment
The latest JLL data shows resilience in the global real estate market, despite geopolitical uncertainty.
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.
Food Manufacturer, Distributor Expanding In Illinois
Located in Montgomery, IL, Carl Buddig and Company’s fourth manufacturing facility in the state will create up to 300 new jobs in the coming year.
Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA
Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
Location Spotlight: Capitalize On Opportunity In Washington, DC
Experience the momentum firsthand as Washington, DC sets new benchmarks in the business world. Whether you're a visionary entrepreneur or an established company, our city offers limitless possibilities for your growth and prosperity.