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

India-based global management consulting firm NeenOpal chose to expand to Newark, citing New Jersey’s strategic location, highly educated workforce, and reputation as a life sciences and data analytics hub.


https://businessfacilities.com/2021/07/india-based-neenopal-expands-to-the-garden-state/
India-based global management consulting firm NeenOpal chose to expand to Newark, citing New Jersey’s strategic location, highly educated workforce, and reputation as a life sciences and data analytics hub.

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Foreign Direct Investment

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Latest: NeenOpal Expands To The Garden State - India-based global management consulting firm NeenOpal chose to expand to Newark, citing New Jersey’s strategic location, highly educated workforce, and reputation as a life sciences and data analytics hub.

NeenOpal Expands To The Garden State

India-based global management consulting firm NeenOpal chose to expand to Newark, citing New Jersey’s strategic location, highly educated workforce, and reputation as a life sciences and data analytics hub.

Snapshots: 60 Seconds with Peter Denious, AdvanceCT

Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.

Manufacturing: The Jobs Multiplier

A lack of ready or willing manufacturing job candidates could cost the U.S. economy up to $1 trillion unless the industry takes proactive steps.

Advanex Americas Relocating HQ To Tennessee

Spring manufacturer Advanex Americas will invest $17 million to move its base from California to White House, TN, creating 102 jobs.

Three Companies To Invest More Than $160M In Indiana Expansions 

Tempur Sealy, ITS Logistics, and Ludo Fact USA will create a total of 600 new jobs in Montgomery, Boone, and Tippecanoe counties. 

CANPACK Selects Indiana For Second U.S. Plant

Poland-based packaging manufacturer CANPACK will invest $380 million and create 345 jobs at its new aluminum beverage can manufacturing plant in Muncie, IN.

Bridgestone Creating 250 Jobs With Kentucky Expansion

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.

Minnesota: Building What Matters In The Land Of The Lakes

The Minnesota Investment Fund is turbocharging growth in the thriving medical device and biotech sectors in the Land of the Lakes.

Tech, Manufacturing Projects Land Kansas More Than 580 Jobs

TTEC Holdings will create 450 on-site and remote work jobs in Overland Park; Sicut Enterprises will create 132 manufacturing positions in Neodesha. 

Kentucky: Investing In Sustainable Growth

The Bluegrass State is preparing for statewide growth with site upgrades and new partnerships.

Lion Electric Bringing First-Ever U.S. Manufacturing Facility To Illinois

The $70 million investment by Lion Electric will pave the way for the largest all-electric commercial vehicle production plant in the U.S., create 745 jobs.

Israel-Based Aerospace Company Relocating Operations To Oklahoma

TAT Technologies Ltd. is expected to create more than 300 jobs as it relocates its thermal components activities from Israel to Tulsa, OK.

GreyOrange Locating Global Headquarters In Georgia

The AI-enabled software and robotics company will invest more than $1 million and create 200 jobs in the metro Atlanta area.

Canada: Your Investment Destination For Supply Chain Resiliency 

Brand, market access, and talent are among the numerous advantages Canada enjoys amid the reshaping of global supply chains.

Miami: A Thriving Business Climate Adds Flavor To FDI

The diverse cultures, flavors and talents of Miami make it a unique global address for high-tech players in a rapidly growing hub.

LG Electronics Investing Additional $20.5M In Tennessee

Home appliance manufacturer LG Electronics will add another shift, creating 334 jobs and bringing total employment at its Clarksville, TN operations to about 1,000.

March / April 2021 Issue (Volume 54, Number 2)

Business Facilities' March / April 2021 Issue features a look at the Global Supply Chain and our annual tour of top logistics hubs. Plus, a report from Michigan Governor Gretchen Whitmer.

STS Group AG To Establish First U.S. Location In Virginia

German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.

Munters Group AB Investing $36M In Virginia 

Energy efficient air treatment and climate solutions manufacturer Munters Group AB will build a state-of-the-art facility in Botetourt Center to replace its Buena Vista, VA plant.

Snapshots: 60 Seconds with Ryan Combs, Research Triangle Regional Partnership

Ryan Combs, Executive Director at North Carolina's Research Triangle Regional Partnership, discusses foreign direct investment, higher education, and biotech in the region.

ElectraMeccanica Picks Arizona For U.S. Operations Base

The electric vehicle designer and manufacturer will establish its U.S.-based assembly facility and engineering technical center in Mesa, AZ.

Top Five Site Selection Predictions For 2021

A survey of Site Selectors Guild members reveals the key trends impacting corporate location decisions in a wide range of industries in the U.S. and around the world. 

Sese Industrial Services Locating New Facility In Tennessee

Sese Industrial Services, U.S. Corp. will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN.

CMA CGM Group Keeping North American HQ In Virginia

Shipping and logistics company CMA CGM Group will retain its Norfolk, VA headquarters, and invest $36 million to expand in Hampton Roads and Northern Virginia.

SAP Labs Canada, Amazon Expanding In Quebec

SAP Labs Canada will open a research and development office in Montreal; Amazon adds five new facilities and 1,000 jobs.

Arq Investing $40M In Innovative Fuel Facility In Louisiana

Energy technology company Arq will develop a new industrial facility in St. Rose, LA to produce its proprietary Arq Fuel product.

American Fuji Seal To Create 101 Jobs In North Carolina

Packaging solutions manufacturer American Fuji Seal will invest $52 million to establish new production operations in Hickory, NC. 

Hyundai TRANSYS Investing Over $240M In Georgia Expansion

Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.

Gruppo Fanti To Invest $30M In West Virginia

The Italy-based metal packaging manufacturing company Gruppo Fanti will open its first U.S. manufacturing plant in Weirton, WV, creating 40 new full-time jobs.

DST Innovations Project To Create 1,000 Jobs In West Virginia 

An agreement between UK company DST and Blue Rock Manufacturing will bring a new manufacturing facility, and up to 1,000 new jobs to West Virginia.

Ferrero Investing $75M In Illinois Expansion

Ferrero will establish its first North American Chocolate Manufacturing Center at its facility in Bloomington, IL, creating approximately 50 new jobs.

NewCold Investing $150M In Major U.S. Expansion

The Netherlands-based temperature-controlled warehousing and distribution company will create more than 200 new jobs in Lebanon, IN.

Wren Manufacturing Picks Pennsylvania For North American HQ, Manufacturing Facility

The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA. 

Babynov USA Investing $45M, Creating 150 Jobs In Tennessee

Babynov USA, a subsidiary of French organic baby food manufacturer Global Baby, will establish its first US. production facility in Red Boiling Springs, TN.

La Regina Atlantica To Open First U.S. Food Processing Facility In Georgia

The homemade pasta sauce maker will invest $20 million in a new food processing facility, bringing 250 jobs to Alma, GA.

LiveXchange 2020 Keynote Presentation: Reshoring In 2021

Learn how your business can increase the odds of success by carefully evaluating the economics of a reshoring decision in this LiveXchange Keynote Presentation by Rosemary Coates, Executive Director of the Reshoring Institute.

Velocity Global Selects Amsterdam For European Headquarters

Global employment solutions provider Velocity Global's number of clients expanding in Europe more than doubled this year compared to the same period in 2019.

Nobelpharma Chooses Maryland For First Overseas Subsidiary

The Japan-based pharmaceutical and medical device company cited local industry resources as key to locating its U.S. operations in Montgomery County, MD.

Energix Renewable Energies Establishing U.S. HQ In Virginia

The Israeli renewable energy company will invest $1.1 million to establish its U.S. subsidiary base in Arlington, VA, creating 33 new jobs.

KRA Operations Investing $11.5M In South Carolina

The metal stamping and injection molding company’s $11.5 million investment is expected to create 57 new jobs in Newberry County, SC.

Business Facilities & COVID-19

Wilson County, Tennessee: Rising To The Challenge With Resilience

They call it "Wilson Strong:" devastated by a pandemic and a tornado, this Tennessee community met the challenge and kept its dreams intact.

Post-Pandemic Industrial Parks: Risk-Resilient, Resource Efficient

Industrial parks can mitigate social, health and environmental risks by embracing a resource-efficient eco-industrial concept.

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