Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Automotive articles below.
GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
GM will renovate its Western New York Lockport Components plant, where it will manufacture electric motor components for electric trucks and SUVs.
Battery Resourcers will invest $43 million and create 150 jobs in Covington, GA at its first commercial-scale battery recycling plant.
New and existing Kentucky companies announced the creation 18,000 full-time jobs, $11.2 billion in investment in 2021.
Rivian will invest $5 billion, create 7,500 jobs at a nearly 2,000-acre carbon-conscious campus dubbed the East Atlanta Megasite.
Westinghouse will invest $131M to expand its Richland County nuclear fuel operations; Proterra is investing $76M in a new Spartanburg County EV battery system manufacturing facility.
The November/December 2021 issue of Business Facilities features the annual Site Seekers' Guide: State Profiles and Featured Locations Directory. Plus, a look at the manufacturing, automotive, film, tourism and retail industries.
In total, Toyota and Arrival will invest more than $13 billion to establish their electric vehicle battery plants in Randolph County and Charlotte.
BMW Manufacturing's $100 million investment will supplement its existing logistics operations in South Carolina plant, bolstering production.
Canoo investments will bring nearly 550 new jobs to Bentonville and Fayetteville in Northwest Arkansas; more than 700 to Oklahoma.
With a talent pool approaching 7 million—a third of whom hold a bachelor’s degree or higher—Illinois has the skill sets needed to fill 21st-century jobs.
Faurecia will invest more than $18 million to expand its Tennessee manufacturing facility; will create over 170 jobs.
Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.
Carvana will invest $40 million in the new Oklahoma City Inspection and Reconditioning Center (IRC); upwards of 350 jobs will be created.
International manufacturing expansions create more than 160 jobs, $57M in Indiana; plus manufacturers get $2.8 million in tech grants.