Automotive
Global Battery Component Supplier Will Create 500 Jobs In North Carolina
Indian manufacturer Epsilon Advanced Materials will invest nearly $650 million to build its first U.S. manufacturing facility in Brunswick County, North Carolina.
The EV Industry: Charging Ahead
As electric vehicles gain sales momentum, here's a look at some of the regions that are attracting manufacturers in the EV industry.
Northvolt To Establish $5B Gigafactory In Quebec
The largest private investment in Quebec's history, Northvolt Six will host 60 GWh of annual cell manufacturing capacity with adjacent facilities for cathode active material production and battery recycling.
Three Companies To Invest Over $320M In Hungary
Two automotive companies — Meleghy Automotive and GKN — establish production sites in Hungary, while LEGO expands its packaging and storage operations.
EV Soars, So Does Much More In South Carolina’s I-77 Corridor
The five counties of the SC I-77 Alliance have seen billions of dollars in announcements in 2023, led by record investments by EV companies.
North Carolina Is Fast Becoming An EV Hub
As the demand for and production of electric vehicles ramps up, discover how North Carolina is well positioned to be a driving force in the auto industry’s transformation.
US Motor Works To Build $19M Kansas City Fulfillment Center
New US Motor Works facility, located in the Kansas City region, will help the company centralize distribution, expand capabilities and shorten delivery times.
Mississippi: The Magnolia State Blooms
With one of the lowest corporate tax rates in the U.S., Mississippi offers low business costs, a talented workforce, and a competitive business climate.
Michigan Moving Forward
With a robust transportation system in place, the Great Lakes State is a prime location for electric vehicles and other advanced manufacturing.
Automotive Industry Projects Bring Alabama $404M In Investment
Hyundai will invest $290M to upgrade its Montgomery assembly plant; Shinhwa Auto USA will spend $114M to expand its Auburn manufacturing operation.
Hanon Systems Will Create 600 Jobs In Tennessee
Hanon Systems will invest $170M in new manufacturing operation in Loudon; truck manufacturer McNeilus will invest additional $25.3M in Murfreesboro expansion.
VinFast Kicks Off $4B EV Complex In North Carolina
Vietnam’s largest FDI project ever in the U.S., the Chatham County electric vehicle and batteries manufacturing complex will be VinFast’s first North American EV manufacturing facility.
Magna To Bring $790M Investment, 1,300 Jobs To Tennessee
Magna's two facilities will make it the first automotive supplier at Ford’s BlueOval City Supplier Park. Magna will also build a stamping and assembly facility in Lawrenceburg.
Yakult, Kia Projects To Create Nearly 300 Jobs In Georgia
Expansion projects in the beverage and electric vehicle industries will create total investments of more than $500M at locations in Bartow County and West Point, GA.
Korean Automotive Supplier Picks Georgia For First U.S. Facility
Boogook Industries will invest nearly $7M to redevelop an existing building in Macon, GA, where it will create 80 jobs in 2024.
Mitsui High-tec To Invest $77M In Ontario EV Manufacturing
A $2.3 million Invest Ontario grant to Mitsui High-tec (Canada) will help further Ontario’s leadership in electric vehicle manufacturing.
Washington, Michigan, Massachusetts, California, Texas Are #1 In Key Industries
Business Facilities Annual State Rankings highlight high-growth sectors, including Aerospace/Defense, Automotive, Life Sciences, Semiconductors, and Film & Television.
Electric Vehicles: Charging Up The Automotive Industry
Electric vehicles and other factors are transforming the auto market. Locations are touting supply chain, ready workforce, and more.
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.
Alabama Ups Its Game
Home to some of the biggest names in the auto industry, Alabama has introduced “The Game Plan” to support economic development.
Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA
Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
Location Spotlight: Capitalize On Opportunity In Washington, DC
Experience the momentum firsthand as Washington, DC sets new benchmarks in the business world. Whether you're a visionary entrepreneur or an established company, our city offers limitless possibilities for your growth and prosperity.