Capital Investment | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The pharmaceutical company will add 300 jobs at its newly completed gene therapy manufacturing plant in Sanford, NC.


https://businessfacilities.com/2019/08/pfizer-investing-additional-500m-sanford-north-carolina/
The pharmaceutical company will add 300 jobs at its newly completed gene therapy manufacturing plant in Sanford, NC.

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.


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. 

Auto Truck Group Expanding Indiana Operations

The work truck upfitter will invest more than $6 million in a new, 72,000-square-foot facility in Allen County, and create up to 50 new jobs.

Business Facilities’ 2019 Metro Rankings Report

Business Facilities' 2019 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including job growth, economic growth potential, tech opportunities and more.

Henkel Investing $45M In North Carolina Operations

With help from economic development investment grants, the adhesives and consumer goods maker will invest in new equipment and improvements at its Salisbury, NC facility.

ABB Selects North Carolina Facility For $40M Expansion

The global industrial company will create more than 400 jobs at its current facility in Mebane, NC.

Cree Investing $1 Billion In North Carolina

The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”

Motus Integrated Technologies Creating 90 New Jobs In Alabama

The interior automotive parts supplier will invest over $15 million and create 90 new jobs at its new manufacturing facility in Gadsden, AL.

TOC Logistics International Creating 87 Jobs In Indiana

The global supply chain logistics company is investing more than $1.8 million to expand its Indianapolis headquarters.

Love’s Investing $8.8M In New Tennessee Facility

The 200,000-square-foot tire retread and distribution facility in Milan will be largest of its kind for Love’s, and will create up to 80 jobs.

Arkansas: Job Creation Is Blossoming In The Natural State

April was a banner month for economic development in Arkansas, with a haul of more than $200 million in investment and more than 900 new jobs.

Gerhardi Opens First U.S. Plant In Alabama

The German auto supplier invested $41.6 million and will employ up to 235 employees at the Montgomery, AL manufacturing facility. 

Google Investing $600M In Nevada’s Internet Infrastructure

Google.org Impact Challenge will award $1M to Nevada nonprofits with bold ideas to create economic opportunity 

Snapshots: 60 Seconds With James Chavez, South Carolina Power Team

James Chavez, President and Chief Executive Officer, South Carolina Power Team, discusses recent economic development successes, the Site Readiness Fund, workforce development and foreign investment.

Lightning Source Investing $22M In Tennessee Manufacturing Facility

The new print-on-demand operation will be the company’s fifth U.S. facility and will create nearly 150 jobs in Jackson, TN.

Delaware: Where The World Chooses To Do Business

The Port of Wilmington is being transformed into the largest logistics hub on the Delaware River with a $600-million investment from Gulftainer in upgrades, including a new TEU terminal.

WESCAM Breaks Ground On New Canadian HQ

The state-of-the-art, 330,000-square-foot headquarters in Hamilton, Ontario will house 1,200 highly-skilled workers.

Satair Investing $10M In Virginia Expansion

The aviation company will expand the Loudoun County Satair Customer Service Logistics Center that supports and services the Airbus global aircraft fleet.

Derichebourg Atis Aéronautique Picks Montréal For Canadian HQ

Over the next three years, the French company will create 130 jobs in Montréal to be closer to the city’s aerospace ecosystem and consolidate its North American operations.

GM Will Invest Another $20M In Arlington, Texas

General Motors Co. is investing an additional $20 million at its Arlington Assembly to upgrade plant conveyors in preparation for the launch of GM’s all-new full-size SUVs.

Xtend Healthcare Creating 200 Jobs In Tennessee

The Tennessee-based company plans to invest $1.3 million at its headquarters in Hendersonville, where it currently employs 700 workers.

GE Appliances Investing $130M In Georgia

GE will expand its operations at three locations throughout the state, creating a total of 300 new jobs.

Navistar To Invest $125 Million In Alabama

The commercial truck and bus manufacturer’s expansion will bring an additional 145  jobs to Huntsville, AL.

PharmaCord Adding Up To 850 Jobs In Indiana

The Kentucky-based healthcare company will invest more than $52 million to establish a state-of-the-art operations and call center in Jeffersonville, IN.

Logistics & Distribution: Delivering The Goods In A Real-Time Economy

Efficiency, optimization and speed have always been top priorities in logistics and transportation. Today, as digital transformations are ushering in the next revolution of industry, known as Industry 4.0, these priorities are even more crucial.

Lockheed Martin To Invest $142M In Arkansas Expansion

The security and aerospace company will create 326 new jobs with the expansion of its center of excellence in Camden, AR.

Google Continues Growth In Texas

The tech giant is increasing its presence in the Lone Star State with a new data center in Midlothian and two new office buildings in Austin.

Tasty Blend Foods Invests $3M In West Virginia Expansion

The food manufacturer’s expansion of its Putnam County, WV manufacturing plant will create 20 new jobs and add a new product production line.

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Location Spotlight: Hoosier Energy

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Georgia Ports Authority: Garden City Terminal Expansion

At 1,200 acres, the Port of Savannah’s Garden City Terminal is North America’s largest single container terminal. Over the next decade, Georgia Ports Authority plans to expand the Port of Savannah’s annual capacity by 45 percent — from 5.5 million twenty-foot equivalent units to 8 million TEUs per year. Learn more.