Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Capital Investment articles below.
Submissions will be accepted for Business Facilities’ 2020 Deal of the Year Awards until December 7, 2020. Awards will be announced in 2021 and featured in the January/February 2021 issue of Business Facilities.
The automotive OEM supplier will create 260 new jobs as it expands operations at its Hickory Valley Road and Ferdinand Piech Way plants in Chattanooga, TN.
In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
A great logistics network and a world-class education system enable the Land of Lincoln to generate the fifth-highest GDP among states.
The pharmaceutical contract development and manufacturing organization (CDMO) will invest in current and new facilities, and create 180 jobs in Davidson County over the next five years.
Emerson's new facility in Ash Flat, AR will manufacture products for the mechanical, electrical, and plumbing industries, and create 245 new jobs in Sharp County.
Highway guardrail manufacturer SPIG Industry, LLC's expansion in Washington County, VA will create 113 new jobs.
To keep up with explosive demand for its White Claw Hard Seltzer, the company will build a new facility and create 300 new jobs in Richland County, SC.
Cornerstone Building Brands, an exterior building product company, will create 38 jobs at its new production facility in Rocky Mount, NC.
The wood flooring manufacturer plans to install innovative technology and create 20 new jobs at its Somerset, KY facility.
The Illinois-based building facade manufacturer Reflection Window + Wall is investing $9.3 million to build and equip a 120,000-square-foot facility in Porter County, IN.
Purina's new Williamsburg, OH factory will support the company's long-term growth and employ more than 300 people by 2024.
The company has designated Dover as the "location of preference" for a 457,000-square-foot manufacturing facility that will create more than 150 jobs.
The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA.
The ground beef facility in Garden City, KS is expected to be finished between 2022 and 2023, and will create 250 new jobs.
The $25M investment will upgrade Cummins' Seymour Engine Plant (SEP) in Seymour, IN, and create and retain more than 150 jobs over the next five to 10 years.
The Fortune 50 aerospace company will establish a new manufacturing facility in Buncombe County, NC, creating 800 jobs by 2027.
In locations throughout the nation, advanced manufacturing facilities and resources are being enlisted in the fight against COVID-19.
The plant will create 30 high-paying jobs in Pleasants County, WV and produce 900 metric tons of high-purity methanol from natural gas each day.
Locations are nurturing startup ecosystems with access to skilled labor, angel investors, higher ed resources and an affordable quality of life that is attracting talent.
General Motors will invest $2.2 billion to transform its Detroit-Hamtramck Assembly Center into an all-electric vehicle assembly plant, dubbed Factory ZERO.
Babynov USA, a subsidiary of French organic baby food manufacturer Global Baby, will establish its first US. production facility in Red Boiling Springs, TN.
INCOG BioPharma Services will invest $60M to establish its first manufacturing facility and global headquarters in Fishers, IN.
The division of Hooker Furniture Corporation will open a distribution facility in Liberty County, GA, creating 50 new jobs.
The multi-phase expansion will add production lines, testing capabilities, and manufacturing jobs at the company's Mankato, MN Power Systems business unit.
The homemade pasta sauce maker will invest $20 million in a new food processing facility, bringing 250 jobs to Alma, GA.