Capital Investment
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.
Cargill To Invest $225M In Ohio
The expanded soybean crush site in Sidney, OH will benefit local farmers and global consumers.
Spartan Motors Creating 308 Jobs In South Carolina
The specialty vehicle manufacturer will invest $1.15 million to launch operations in Charleston County, SC.
LifeNet Health Investing $18M In Indiana Biologics Facility
The Virginia-based regenerative medicine company will create up to 127 new jobs in Hendricks County, IN by the end of 2023.
SmileDirectClub Investing $36M In Texas Dental Manufacturing Lab
The new high-tech dental manufacturing lab in Kyle, TX will create 850 new jobs, with help from the Texas Enterprise Fund.
Call For Entries: 2019 Economic Development Deal Of The Year
The deadline to submit your project for consideration for Business Facilities' 2019 Economic Development Deal of the Year is November 8, 2019.
Understanding Opportunity Zone Guidelines
Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.
US Elogistics Service Investing $4M In Georgia
The company will establish a new distribution center in Austell, GA, creating 150 new jobs in the metro Atlanta region.
LANXESS Kicks Off Production In Changzhou
The high-performance materials facility is the global specialty chemicals producer’s fourth factory in China's Changzhou National Hi-Tech District.
Continental Structural Plastics Investing $65M In Texas
The company will establish a new composites manufacturing facility in Seguin, TX, creating 200 new jobs.
Cree, NY State Form $1B Partnership To Create World’s Largest Silicon Carbide Device Facility
More than 600 Cree jobs will be created at the Marcy Nanocenter on SUNY Poly Campus in collaboration with the New York Power Electronics Manufacturing Consortium.
Acrisure Investing $33M In Michigan HQ Relocation
The global insurance broker will create 400 new, high-paying jobs in downtown Grand Rapids, is area's first to win Good Jobs for Michigan support.
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.
ERMCO Creating 150 Jobs In Tennessee
The transformer manufacturer will invest $12 million to expand its manufacturing operations in Dyersburg, 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.
High Purity Systems Investing $8.5M In Virginia Expansion
The mechanical piping systems company will expand its manufacturing operations, creating 105 new jobs in the City of Manassas.
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.
VF Corporation Investing $7.5M In Tennessee Expansion
The company will expand in Lauderdale County and locate a new facility in Tipton County, bringing more than 220 jobs to West Tennessee over the next three years.
Daikin Investing $195M In Alabama
The company chose to expand and create 20 new jobs at its Decatur, AL fluorochemical plant over locations in Japan and China.
GE Appliances Investing $60M In South Carolina
The appliance manufacturer will begin water heater manufacturing at its Kershaw County, SC operations at a new Manufacturing Center of Excellence.
Lockheed Martin Begins $142M Expansion In Arkansas
The company has broken ground for its Long Range Fires Production Facility, the first of many expansions at the company's site in Camden that will create 326 jobs.
Public Power Fuels Growth In North Carolina
ElectriCities’ nonprofit membership organization provides economic development support to 70 communities throughout North Carolina.
Podcast: A Conversation With Stephen Moret
Artificial intelligence won’t be making site selection decisions any time soon, according to Virginia Economic Development Partnership President/CEO Stephen Moret.
Messer To Build New Air Separation Plant In Indiana
To meet growing demand from Midwest manufacturing and healthcare industries, the industrial gas company will invest $38 million in a new, large-scale air separation unit in Indianapolis.
Learning From The Top In Louisiana
A statewide program is building on the success of Louisiana Economic Development’s CEO Roundtables to provide peer learning for emerging businesses.
That’s How We Roll Expanding To Pennsylvania
The baked dessert snacks manufacturer has outgrown its New Jersey facility and will create 50 new jobs as it expands its operations to Springettsbury Township, PA.
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.
Pfizer Investing Additional $500M In North Carolina
The pharmaceutical company will add 300 jobs at its newly completed gene therapy manufacturing plant in Sanford, NC.
New England: A Rising Tide Of Jobs, Wages
All six New England States experienced gains in wages and salaries in 2018, with the income surge averaging more than four percent in 2Q 2018.
Uber To Create 3,000 Jobs In Texas
The transportation and delivery company will invest more than $75 million in its new U.S. General and Administrative Hub in Dallas, TX.
Henkel And ALPLA Partner For $130M Investment In Kentucky
The partnership's expansion project will enhance laundry detergent production in Bowling Green, KY and is expected to create up to 60 full-time jobs.
Hoosier Logistics Doubling Indiana Workforce In Multi-City Expansion
The logistics and supply chain management provider will invest more than $5.65 million to grow its operations and buy new equipment over the next five years.
Surface Dynamics Investing Nearly $10M In Tennessee Expansion
The company, which provides additive manufacturing technologies for biomedical manufacturers, will create 110 jobs over the next five years with the expansion of its Bartlett, TN operations.
Adornus Cabinetry Launching Operations In South Carolina
The cabinet and vanity manufacturer will invest more than $10 million in its Lancaster County, SC manufacturing facility and corporate headquarters, creating 210 jobs.
Xerox To Create 600 Jobs In North Carolina
The technology company will invest $18.4 million at a new Center of Excellence in Cary, Wake County.
Arglass Yamamura Chooses Georgia For First U.S. Glass Plant
The glass container manufacturing company will invest $123 million and create more than 150 new jobs at its new Valdosta, GA plant.
TAZ Trucking Investing $7.3M In Kentucky Expansion
Just six weeks after the company cut the ribbon on its new Bowling Green facility, TAZ Trucking announced it will add up to 57 new jobs at the location.
Greenbrier Investing $16M In Arkansas Expansion
The Oregon-based freight railcar and marine barge manufacturer will create at least 35 jobs at its Marmaduke, AR facility.
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.
$7.5B Digital Infrastructure City To Be Built In Las Vegas
The first-of-its-kind mixed-use project will feature automated multi-functional designs, renewable energies, autonomous vehicles, artificial intelligence, augmented reality, Internet of Things, robotics, supertrees, and self-healing concrete structures.
FedEx Investing Another $450M In Memphis Hub
Total investment in the new sort facility, installation of state-of-the-art systems and construction of a new bulk truckload building will now exceed $1.5 billion over six years.
