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

Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.


https://businessfacilities.com/2017/09/new-jersey-tax-credits-encourage-job-creation-investment/
Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.

Advanced Manufacturing

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Advanced Manufacturing articles below.


New Jersey Tax Credits Encourage Job Creation, Investment

Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.

World’s Most Advanced, Sustainable Paint Factory Opens In England

AkzoNobel’s new $132M North-East England plant uses renewable energy sources and an automated manufacturing process which saves water, waste, and energy.

Cascades Investing $80M In New Jersey

The Canada-based company will build a new packaging product manufacturing plant in Piscataway, NJ, creating 120 jobs.

Indiana Lands Kimura Foundry’s First U.S. Manufacturing Facility

The Japan-based company will invest $8 million in its new operations in Shelbyville, which will house high-tech 3D printing equipment.

Foxconn’s Wisconsin Project: Largest Greenfield Foreign Investment In U.S. History

The high-tech manufacturer’s $10B investment will create 13,000 jobs at its new Southeastern Wisconsin campus.

Manufacturing Is Job One For Indiana, Wisconsin, Michigan

Indiana, Wisconsin and Michigan have been named the Top Manufacturing States in a new rankings category in Business Facilities' 13th Annual Rankings Report; Louisiana is tops in Cybersecurity Growth Potential.

Advanced Digital Cable Investing $15M In Georgia

The wire and cable manufacturer will create 64 new jobs with an expansion of its Blairsville, GA facility.

Samsung Opening $380M Manufacturing Plant In South Carolina

The state-of-the-art home appliance production facility will create more than 950 jobs in Newberry, SC. 

Stanley Black & Decker Investing Over $29M In Tennessee

The Fortune 500 tool and hardware manufacturer will create approximately 255 new jobs in Jackson, TN.

Bipartisan Bill Will Help Companies Design, Manufacture In The U.S.

The Invent and Manufacture in America Act provides a tax cut for companies that conduct R&D in the U.S., and manufacture products resulting from that R&D in America.

Tennessee Tool And Fixture Chooses Tennessee For First U.S. Operations

The automotive mold and casting manufacturer will invest $6.5 million and create 60 new jobs in Manchester, TN.

Borealis Compounds Investing $15M In North Carolina Facility

The Austrian automotive plastics manufacturer is building a new plant in Taylorsville, NC.

Novozymes To Invest $36M In Nebraska Biofuels Plant

The company's additional investment comes less than five years after it opened the state-of-the-art advanced manufacturing facility in Blair, NE.

Global Productivity: Decade-Long Decline Comes To A Halt

The predicted uptick in 2017 will be largely driven by faster demand from emerging markets; productivity growth is stronger in Europe than the U.S., according to The Conference Board.

KAAP Launches Seventh Expansion In Kentucky, Will Create 129 Jobs

The aluminum parts manufacturer will invest more than $51.3 million in Bowling Green, KY.

Aerospace Growth Gets Turbocharged

The 2017 outlook finds global aerospace and defense industry revenues expected to surge to two percent growth, driven by higher defense spending.

Indiana Lands China-Based Auto Component Manufacturer’s First U.S. Production Facility

BeijingWest Industries, Co. Ltd. will invest more than $80 million its first U.S. production facility in Greenfield's Progress Park, creating up to 441 new, high-wage jobs by 2021.

Hanwha Advanced Materials Growing In Alabama

The South Korean company will invest nearly $20M and add 100 news jobs at its facility in the Northeast Opelika Industrial Park.

Robotics Manufacturer Expanding In North Carolina

ATI Industrial Automation is getting set to break ground on its largest-ever expansion, which will create 275 new jobs at its Apex, NC operations.

Accelerating Manufacturing Growth

Industry analysts expect overall growth in manufacturing to speed up in the second half of this year and grow even more in 2018.

Auto-Tech Is Revving Up

Automakers are joining forces with tech giants in a full-throttle race to install amazing high-tech advances in vehicles that are ready to roll off the line and hit the road today.

Intel Investing $7B In Arizona Next-Generation Semiconductor Factory

Intel’s Fab 42 will target advanced 7 nm technology and will create approximately 3,000 high-tech, high-wage jobs in Arizona.

Manufacturing: Technology, Automation Drive Global Change

Malaysia retains its position as the most attractive manufacturing market, according to new Cushman & Wakefield analysis.

Texas Named Business Facilities’ State Of The Year

The Lone Star State wins BF's top annual honor for the third time.

New Company Plans Kansas Advanced Manufacturing Facility

Kyodo Yushi USA Inc. and Lubrication Engineers Inc. will form a new company and locate an advanced manufacturing facility in Wichita, KS.

Ficosa Opens Advanced Manufacturing Plant In Tennessee

The $50 million advanced manufacturing facility, dedicated to producing rear view systems, will create nearly 500 new jobs in Cookeville, TN.

September / October 2016 Issue (Volume 49, Number 5)

Business Facilities' September / October 2016 issue features advanced manufacturing, ports and FTZs, logistics, and the impact of natural gas. Plus, a look at New Jersey, Iowa, Louisiana, Mississippi, Texas and Indiana.

Keeping Up With Advanced Manufacturing

The U.S. will need to fill about 3.5 million jobs in advanced manufacturing in the next decade, but as many as 2 million of these jobs may remain unfilled if we don’t close the skills gap.

HDT Global Plans $4.2M Alabama Expansion

The military, government and commercial engineered products maker will create 123 jobs with the expansion of its Huntsville, AL manufacturing operations.

Growth Pilgrims: Drop Anchor For Opportunity In New England

With leading research institutions, a sought-after talent pool and a supportive network of innovators and co-location facilities, New England has made itself an attractive location for the advanced manufacturing sector.

City Of Virginia Beach Lands 85 New Jobs

Barcelona, Spain-based manufacturer SANJO Corte Fino to invest $17.5M to establish its North American headquarters in Virginia Beach, VA.

State Focus: New York – Accelerating Biotech Innovation In The Empire State

A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.

Advanced Manufacturing Industry: Dynamic Advancements

Advanced manufacturing has come a long way, revolutionizing the processes used to build new products and introducing a bevy of innovative technologies, with a heavy emphasis on automation.

March / April 2016 Issue (Volume 49, Number 2)

The Global Biotech Industry is the focus of Business Facilities' March/April 2016 issue, along with our annual Economic Development Awards. Plus, a look at the Aerospace Industry.

State Focus – Kansas: The Sunflower State Is Blooming and Booming

Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.

Business Facilities’ 2015 State of the Year: Alabama

The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year.

Illinois: A Natural Leader

The Land of Lincoln is a $700-billion economy built around global commerce in advanced manufacturing and financial services.

Arizona: Great and Getting Greater

Greater Phoenix, Arizona is a high-tech hub and a growth juggernaut, with unparalleled market access to the Mountain and Western regions of the U.S.

Industry Focus: Advanced Manufacturing – Manufacturing High-Tech Growth

In terms of its contribution to GDP, the advanced manufacturing sector punches well above its weight, producing $2.7 trillion in value-added economic activity.

Hicks Plastics To Open New Manufacturing Facility In Knox County, TN

Advanced plastics manufacturer to invest $10.4 million in the area and will create more than 200 new jobs.

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