Automotive
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.
The Automotive Sector: Adding Some Torque To Growth
Upheaval in supply chains is likely to increase in the short term, a trend that may be exacerbated by changing patterns of supply and demand, consumer-driven connectivity and alternative powertrain systems.
March / April 2020 Issue (Volume 53, Number 2)
The March / April 2020 Issue features the manufacturing and automotive industries. Plus, a look at biotech, food processing, and sustainable development.
Hoosier Energy: Power To The People
Since 1989, partnerships with local communities and Hoosier Energy’s 18 member systems have resulted in more than $11.5 billion in new investments creating 50,000 new jobs.
FCA To Produce Face Masks For First Responders, Healthcare Workers
Fiat Chrysler Automobiles will join the battle against the coronavirus pandemic by manufacturing and donating more than 1 million face masks per month.
Auto Industry Giants Enhancing COVID-19 Protections For Workers
UAW, GM, Ford, and FCA are forming a COVID-19/Coronavirus Task Force to implement enhanced protections for manufacturing and warehouse employees at all three companies.
South Korean Auto Supplier Investing $5M In Alabama Expansion
Seoyon E-Hwa Interior Systems will expand its industrial operation in Selma’s Craig Industrial Park, creating 60 jobs in Dallas County.
Borbet Investing $24M In Alabama Expansion
The German automotive industry manufacturer will create 25 news jobs at its Auburn, AL operation.
Subaru Investing $158M In Indiana Expansion
The automotive company plans to create up to 350 new jobs at its Lafayette, IN manufacturing operations by the end of 2023.
Silver Award: 2019 Economic Development Deal Of The Year
Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.
2019 Economic Development Deal Of The Year
We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).
Continental To Build $110M Manufacturing Plant In Texas
The company’s second automotive manufacturing location in Texas will retain nearly 450 jobs and bring an additional 130 jobs to New Braunfels.
Michigan Strategic Fund Projects Will Create More Than 740 Jobs
Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.
China-based Minth Group To Invest $87M In Tennessee
Over the next five years, the auto parts manufacturer will create 254 new jobs in Lewisburg, TN.
Toyota Announces Additional $700M Investment In Indiana
Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.
Adient Investing $23.5M In Tennessee Expansion
The automotive seating maker will create approximately 330 jobs as it expands its Lexington, TN manufacturing facility for the second time since 2018.
Fiat Chrysler To Invest $400M In Indiana Transmission Plant II
The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.
Two Projects Will Add Up To 80 Jobs In Lawrence County, AL
CCI Manufacturing USA Corp. will invest $21.5 million to construct an advanced production facility and Progressive Pipe Fabricators has broken ground on a new 82,000-square-foot facility in Lawrence County.
Michigan’s Fiat Chrysler Expansion Is BF’s Deal Of The Year
Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion
MKDA Investing $20M In Georgia
Japan-based Mitsui Kinzoku Die-Casting Technology America, Inc. will build a new automotive parts manufacturing facility, creating more than 30 jobs in Spalding County, GA.
GM Investing $1.5B In Missouri Expansion
The auto company's investment will retain 4,000 jobs at its Wentzville, MO plant, where it will build its next generation mid-size trucks.
Freightliner Custom Chassis Expanding In South Carolina
The vehicle chassis manufacturer will invest more than $13.9 million and create 193 new jobs in Cherokee County, SC.
Hyundai Investing $1.55B In First Indonesian Manufacturing Plant
Hyundai Motor will build the vehicle manufacturing plant in Kota Deltamas, east of Jakarta, creating more than 23,000 new direct and indirect jobs in the region.
GM And Isuzu Will Create 100 Jobs At New Plant In Ohio
The new $175 million facility will be built in Brookville, OH to help meet demand for Chevrolet Silverado and GMC Sierra heavy-duty diesel pickups.
PerceptIn Relocating Global HQ To Indiana
PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.
Volkswagen AG Investing $800M In Tennessee
Chattanooga has been chosen as automotive company’s U.S. base for electric vehicle production, which will create 1,000 new jobs.
Tesla To Locate Gigafactory, Design Center In Germany
Tesla will create an estimated 10,000 jobs at a manufacturing plant and a design and engineering center in Germany's Berlin-Brandenburg region.
Axiom Group Inc. Bringing 250 Jobs To Ohio
The Canadian automotive supplier will invest $20 million to establish a new manufacturing facility in Toledo, OH, its first U.S. facility.
Mississippi: Business Is Blossoming In The Magnolia State
Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.
Inland Empire: A National Model For Apprenticeship
An advanced manufacturing apprenticeship program is being expanded in California's Inland Empire and desert regions with a $700,000 grant.
AAM Opens Manufacturing Facility In Barcelona
The new facility will support demand and growth from new and current European customers including Renault, BMW, Daimler, Porsche, Audi and Ford.
Spartan Motors Creating 308 Jobs In South Carolina
The specialty vehicle manufacturer will invest $1.15 million to launch operations in Charleston County, SC.
Industry 4.0: Making Connections In Michigan
Michigan is investing in a connected, smart manufacturing future, heralding a new age of automotive design and autonomous vehicles
Mississippi: Making The World Take Notice
With a world-class logistics network and a highly skilled workforce setting new standards for success in advanced manufacturing, Mississippi is aiming for the top.
Nippon Paint Investing $60M In Tennessee
Nippon Paint (USA) Inc. will expand its U.S. automotive manufacturing footprint by investing approximately $60 million and creating 150 jobs in Chattanooga, TN.
Navistar To Build Benchmark Manufacturing Facility In Texas
The commercial truck and bus maker will invest more than $250 million to build a new manufacturing facility in San Antonio, bringing 600 jobs to the area.
Toyota Investing $391M In Texas Assembly Plant
The auto company’s new investment in its San Antonio assembly plant will bring its total investment in Toyota Texas to more than $3 billion.
Digital Mobility: Yellow Light For Driverless Cars
Connectivity is transforming the automotive industry, but the rush to fully autonomous vehicles has hit a speed bump: robot cars can’t figure out human behavior.
Hino Motors Celebrates Opening Of West Virginia Manufacturing Plant
Over the next three years, the truck manufacturing company plans to invest $40 million and create 250 new jobs at its Mineral Wells, WV facility.
Pure Michigan Means Pure Opportunity
With its affordable cost of living, highly skilled workforce, culture of innovation and premier quality of life, businesses are turning to Michigan for new opportunities.
ATN Hoelzel Investing $6M In Tennessee Expansion, Relocation
The automotive supplier will create 100 new jobs in Chattanooga at a new facility that will function as its North American headquarters.
