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.
CGI Investing $27M In New Tennessee IT Delivery Center
Global IT and business consulting company CGI will create 300 jobs at its new IT delivery center in Knox County, TN.
Electric Vehicles: Charging To The Top
Electric vehicles are no longer the wave of a distant future: 2021 will be a breakout year for e-vehicles in the wake of General Motors’ announcement that it will end production of internal combustion engines in 2035.
Trailer Manufacturer Investing $18M In Ohio Expansion
American Trailer World Corp. will create 249 jobs with a new production facility in Batavia Township in Southern Ohio.
Communication Solutions, LLC Expanding In Oklahoma
Business-to-business and business-to-consumer call center services company Communication Solutions will locate its sixth location, create 250 jobs, in Miami, OK.
Brown-Forman Expanding Louisville Distillery Operation
The bourbon maker will invest $95 million in an expansion of its Louisville, KY distillery and create a nursery on the property for a long-term study of oak tree sustainability.
Gap Inc. Investing $140M In Texas Distribution Center
The new Gap Inc. distribution center will create more than 500 jobs in Longview, TX by 2023, and even more over the next five years.
Toyota Investing $210M In West Virginia Expansion
Toyota Motor Manufacturing West Virginia will create 100 new jobs as the company upgrades an existing engine production line in Buffalo, WV.
Avant Organics To Launch Manufacturing Site In Alexandria, LA
Avant Organics' parent firm Crest Industries will create 40 new jobs with a $4 million capital investment at the Central Louisiana Port.
Scentsy Creating 200 Jobs In South Carolina
Scented product distributor Scentsy will invest $6 million to establish storage and distribution operations in York County, SC.
North Carolina: Rising Star With A Global Reach
In the last century, our 2020 State of the Year has been tops in tobacco, textiles and furniture. Today, North Carolina is on the cutting edge of advanced manufacturing, biotech, gene therapy and unmanned aerial systems.
Celigo Establishing Indiana Operations, Creating 150 Jobs
The Integration Platform-as-a-Service (iPaaS) provider will invest nearly $1.2 million to establish its third major North American location in Indianapolis.
Two HQs On The Grow In Irving-Las Colinas, Texas
CHRISTUS Health is expanding its headquarters, adding 150 new jobs; State Bank of Texas is relocating within Irving-Las Colinas, building a second, four-story office building.
Freshly Inc. To Create 250 Jobs In Georgia
The fresh-prepared meal delivery service company will invest $3.2 million to open its first Southeastern U.S. facility in Austell, GA.
2020 Economic Development Deal Of The Year
Dozens of transformative high-tech projects vied for our 2020 Deal of The Year Award. The Tesla Gigafactory lands the biggest prize for Greater Austin, TX.
Silver Award: 2020 Economic Development Deal Of The Year
Louisiana, a giant in the production of fossil fuels, is busy preparing for a green future with a $9.2-billion complex that will make diesel from renewable feedstocks.
Bronze Award: 2020 Economic Development Deal Of The Year
Centene is bringing its $1B East Coast headquarters to Charlotte, NC, creating more than 1 million square feet of new office space.
Honorable Mention Awards: 2020 Economic Development Deal Of The Year
Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.
Generac Power Systems Creating 450 Jobs In South Carolina
Generac's new Edgefield County, SC operations will manufacture generators and associated energy technologies, serve as a distribution center to customers throughout the Southeast.
Gilead Sciences To Create 275 Jobs In North Carolina
Biopharmaceutical company Gilead Sciences, Inc. will invest up to $5 million in North Carolina’s Research Triangle region.
Loanpal Bringing More Than 100 New Jobs To Northwest Arkansas
The financial technology company will open its new location in Bentonville, AR early next month.
Sese Industrial Services Locating New Facility In Tennessee
Sese Industrial Services, U.S. Corp. will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN.
CMA CGM Group Keeping North American HQ In Virginia
Shipping and logistics company CMA CGM Group will retain its Norfolk, VA headquarters, and invest $36 million to expand in Hampton Roads and Northern Virginia.
Delaware Gaining 152 Jobs With Three Company Expansions
Two manufacturing companies and one chemical company are growing in Delaware, bringing approximately $13 million in capital investment to the First State.
Spring Mountain Center Investing $45M In Georgia HQ
The manufacturer of plumbing fixtures and home furniture will create 205 jobs at its new manufacturing and distribution headquarters in Barrow County, GA.
Ray-Mont Logistics Investing $16M In South Carolina
Canada-based logistics company Ray-Mont Logistics will create 85 new jobs as it establishes new operations in North Charleston, SC.
Eastman Investing $250M In Tennessee Recycling Facility
Global specialty materials company Eastman will build one of the world’s largest plastic-to-plastic molecular recycling facilities in Kingsport, TN.
Material Handling Systems Creating 200 Jobs In Kentucky
The conveyor and automated sortation equipment company's new Bowling Green, KY manufacturing operations will complement its Mt. Washington global headquarters.
Crown Holdings Will Create 126 Jobs In Virginia
The packaging technology company will invest $145 million to build an aluminum beverage can production facility in Henry County, VA.
Valeo North America Investing $5M In Alabama Expansion
Automotive supplier Valeo North America will create 70 new jobs when it begins operations at an existing facility in Bessemer, AL.
Kinetic Advantage Plans New Headquarters In Central Indiana
The automotive floorplan financing company will create more than 200 jobs at its expanded headquarters in Carmel, IN.
SAP Labs Canada, Amazon Expanding In Quebec
SAP Labs Canada will open a research and development office in Montreal; Amazon adds five new facilities and 1,000 jobs.
Plug Power Inc. To Build New Innovation Center In New York State
Plug Power Inc.'s $125 million project will create almost 380 jobs at a new state-of-the-art facility in Monroe County, NY.
Civica To Create 186 Jobs With New Virginia Pharmaceutical Facility
Pharmaceutical manufacturer Civica Inc. will build a 120,000-square-foot manufacturing facility in the City of Petersburg, VA.
Honda Investing $200M In Western Ohio Engine Plant Expansion
The automaker will add 120 new jobs at the Honda of America Mfg., Inc. Anna Engine Plant with help from a JobsOhio economic development grant.
Uzin Utz To Build Second North American Manufacturing Facility In Texas
Uzin Utz, a manufacturer of floor covering products, will invest $34M in a 125,000-square-foot manufacturing facility in Waco, TX.
Mohawk Industries Investing $22.5M In Virginia Expansion
The world's largest flooring manufacturer will create 35 new jobs as it modernizes its production facility in Carroll County, VA.
Butterball To Invest Total $8.7M In Two Arkansas Facilities
Butterball will invest $4.7 million in Ozark and create 160 jobs there, and invest $4 million in Huntsville where it will create 200 new jobs.
$3.8M Investment To Bring Last-Mile Internet Service To Southern Ohio
In collaboration with state and local economic developers, Southern Ohio Communication Services will provide high-speed Internet service to 1,300 residential and business customers.
American Fuji Seal To Create 101 Jobs In North Carolina
Packaging solutions manufacturer American Fuji Seal will invest $52 million to establish new production operations in Hickory, NC.
Hytrol Investing More Than $20M In Arkansas Expansion
The material handling systems company will create 250 new jobs as it expands its advanced manufacturing operations in Fort Smith, AR.
