2023 FM Global Resilience Index Provides Site Selection Insight
Looking at 100+ countries, the commercial property insurer evaluates economic, risk quality, and supply chain resilience factors.
Global Biotech Company Chooses New Jersey For $50M Investment
Enzene Biosciences will create 300 jobs with its new 55,000-square-foot bio manufacturing plant on the Princeton West Innovation Campus.
The Last Word: The Reshoring Movement Is In Full Stride
Manufacturers should consider five factors if moving from a China or other offshore location, advises Rosemary Coates, Executive Director of the Reshoring Institute.
Woory To Invest $18M In Georgia EV Parts Facility
The South Korean automotive parts maker will establish a new electric vehicle parts manufacturing, R&D facility in Dublin.
FDI Activity Going Strong
For 11 consecutive years, the U.S. has ranked as top destination for foreign direct investment, and here’s a look at several hot spots across the nation.
Virginia Manufacturers Expand, Invest Nearly $7M, Create Over 170 Jobs
HEYCO Werk USA will invest $5.4 million, create 21 jobs with Greensville County expansion; Altec Industries will invest $1.4 million, create 150 jobs as it expands in Botetourt County.
Expansion Projects Energize North Carolina Economy
Energizer will invest $43M in an expansion of its Asheboro operations; alpitronic America plans a $18.3M U.S. HQ and tech service center in the Charlotte region.
Supply Chains On The Move
Current events are impacting manufacturing operations around the world, and location decisions are evolving as a result.
Brembo Completes $207M Caliper Plant In Mexico
Strengthening Brembo's presence in North America, the expansion more than doubles the plant's size and will add more than 500 jobs in Escobedo, in the State of Nuevo León.
SelectTalentUSA Aims To Increase Quality Jobs Through FDI
SelectTalentUSA strengthens federal technical assistance to foreign multinationals starting or expanding U.S. operations. Plus, largest Investment Summit in SelectUSA history wraps up.
Nel Hydrogen Gigafactory To Bring 500+ Jobs To Michigan
Financial incentives, a skilled workforce, cooperation with universities and research institutions, and strategic partnerships helped bring the Norwegian company’s $400M automated gigawatt electrolyzer manufacturing facility to Michigan.
Neolpharma Announces $16M Investment In Puerto Rico
Mexico-based pharmaceutical company Neolpharma will create 40 new jobs as it expands its footprint in Puerto Rico to manufacture and export COVID treatments.
Volkswagen, PowerCo SE To Build Cell Factory In Canada
VW's battery company PowerCo SE will invest up to $5 billion to build its largest cell factory, potentially creating up to 3,000 jobs in St. Thomas, Ontario.
Ford To Create Canadian EV Hub In Ontario
Ford will invest more than $1.3B (US) to transform its Oakville Assembly Complex into the Oakville Electric Vehicle Complex, where it will produce EVs beginning in 2025.
UNDBIO To Invest $100M In West Virginia
The South Korean pharmaceutical company will build an insulin manufacturing facility in Morgantown, WV, creating 200 jobs within three years.
Weidmüller Group Expansion To Create 100 Jobs In Virginia
Germany-based Weidmüller Group will invest $16.4 million to expand its existing operation in Chesterfield County, Virginia.
ABB Investing $170M In Seven States Across The U.S.
From New Mexico to South Carolina, ABB investments support a more secure supply chain and strengthen local manufacturing.
Virginia Welcomes Investment From Zollner Elektronik
Zollner Elektronik is set to expand through multi-location investment while creating 100 jobs in Virginia.
Advanced Integrated Technologies Expanding In Norfolk, Virginia
Other companies with projects in Virginia include PRINCO LLC, also in Norfolk, SanMar in Hanover County, and STS Group in Salem. In total, these expansions will create more than 1,400 jobs.
Welcome To Mississippi: America’s Gateway For Business
Some of the most well-known international companies have built upon their long legacies of success by locating in Mississippi.