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.
Cisco To Open Talent And Collaboration Center In Atlanta, Create 700 Jobs
Cisco will invest $41 million in a move to expand and enhance its workforce in the Atlanta metro area.
Doral Renewables Picks Indiana For Largest U.S. Solar Farm
The Israel-based company will invest $1.5 billion in Northwest Indiana and bring 1.3 gigawatts of clean energy to the region.
Bonumose To Invest More Than $27M To Expand In Virginia
Thanks to a new R&D partnership with Hershey, the rare sugar producer will expand in Albemarle County, VA, creating 64 new jobs.
Upgrades To Be Made At Kentucky’s Southwest One Industrial Park
The Product Development Initiative project will include construction of 120,000-square-foot building pad-ready site at the Marshall County property.
Moderna Will Invest $500M To Build mRNA Capabilities In Africa
Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.
2021 Deal Of The Year Entries Now Being Accepted
Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 1, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.
Stellantis To Invest $229M To Retool EV Production Operations
Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.
Jacksonville Fosters Growth, Innovation For Medical Device Manufacturers
A deep workforce, a vibrant and innovative medical ecosystem and a multitude of tax and lifestyle benefits make Jacksonville the ideal home for medical device manufacturers.
Port Of Savannah To Add 1.6M TEUs Of Capacity
By 2023, Savannah will add 230 acres of container space, increasing capacity at one of the nation's busiest ports.
Joint Venture To Bring Medical Glove Production, 2,500 Jobs To Virginia
Blue Star Manufacturing and American Glove Innovations will invest over $700 million to expand PPE production in Wythe County, VA.
Dow To Build World’s First Net-Zero Carbon Emissions Ethylene Complex
Fort Saskatchewan, Alberta site selected due to availability of carbon capture infrastructure, competitive feedstocks and attractive government partnerships.
Marki Microwave Triples Footprint With 60,000 SF Headquarters
Fueled by record sales growth and a strong 2022 outlook, the expansion coincides with Marki Microwave's 30th anniversary.
Bayer To Invest $200M In Pharmaceutical Plant In Costa Rica
For Bayer, Costa Rica offers an excellent and strategic location, paired with qualified talent, sustainability policies, and the conditions necessary for private investment.
Finance & Insurance: Fintech’s Future Is Now
Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.
IMC Companies To Expand Tennessee Headquarters Operations
IMC Companies will create more than 150 jobs at its new 75,000-square-foot headquarters operations in Collierville, TN.
Nymbus Relocates Corporate Headquarters to Jacksonville
Fintech company Nymbus's new downtown Jacksonville, FL headquarters will connect it with surrounding partners.
First Solar Puts $680 Million PV Plant In NW Ohio
The new facility in Lake Township, OH will expand the company’s PV solar panel capacity by 3.3 gigawatts.
Smith & Wesson Relocating HQ To Tennessee
Firearms manufacturer will invest more than $125 million, create 750 new jobs with its relocation to Maryville, TN.
Fiserv To Invest More Than $105M In New Jersey Expansion
The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ
Job Development Grants Drive Investment In North Carolina
Incentives provided by North Carolina Economic Investment Committee lead to upwards of $150 million in investment in manufacturing, software industries.
Leprino Foods To Invest $870M In Texas Cheese Manufacturing Plant
Mozzarella cheese maker will create 600 jobs in Lubbock, in one of the state’s largest private investments since inception of the Texas Enterprise Fund.
Sartorius To Expand Business Operations With Michigan Plant
Sartorius' planned 130,000-square-foot plant in Ann Arbor, MI, will create 160 jobs by 2023.
