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.
2018 Economic Development Deal Of The Year Honorable Mentions
With more than 40 projects to choose from in our 2018 Deal of the Year competition, our judges had to put in overtime to designate 10 worthy recipients of our Honorable Mentions.
Fedex Logistics Moving HQ To Downtown Memphis
The global logistics solutions company will continue to grow in Shelby County, investing $44 million and creating 689 jobs.
2018 Economic Development Deal Of The Year: Silver Award
A partnership between Japanese auto giants Mazda and Toyota brings a $1.6-billion automotive assembly plant to the Huntsville, AL region.
Eclipse Automation Investing $4.6M In South Carolina
The industrial automation systems provider will create 90 new jobs with its new operations in York County, SC.
Communications Software Scaleup Chooses Indiana As HQ
Kerauno has selected Indianapolis as its official headquarters and plans to increase its Indiana workforce to 140 by 2022.
New Mexico: Intel Moves 3D XPoint Tech Development To Rio Rancho
The microchip giant is developing a new class of faster, denser storage and memory technology at the New Mexico facility.
Smyth County Machine Investing $2.1M In Virginia
The machining and fabrication company will add equipment, expand its product line and create 35 new manufacturing jobs in Smyth County.
Miwon Specialty Chemical Locating Manufacturing Facility In South Carolina
The South Korean company will invest $19.5 million in its new Richland County production operations, creating 25 new jobs in the process.
Diageo North America Investing $31M In NYC Office Relocation
The alcohol beverage company will invest $31 million to create a new primary North America office at 3 World Trade Center, drawing 350 jobs to New York City.
BioIQ To Locate Headquarters In Georgia
The health IT company will create 500 jobs and invest more than $5 million in Cobb County through the location of its new headquarters.
South Louisiana Methanol To Invest $2.2B In Louisiana Project
The joint venture with SABIC will create a new methanol complex on a site along the Mississippi River and result in 75 new direct jobs in St. James Parish, LA.
Catalent To Add 200 New Jobs In Indiana
The company will invest over $100 million to expand its biologics manufacturing operations in Bloomington, IN.
Amazon HQ2 Sites Share BF’s 2018 Deal Of The Year Award
New York and Virginia, which each got selected to host Amazon’s HQ2 mega-project, are co-winners of the Gold Award in our 2018 contest.
Virginia Is Business Facilities’ 2018 State Of The Year
The Commonwealth secures BF's top annual honor with a diversified and successful high-tech growth strategy.
Spirit AeroSystems Expands Again In Kansas
A year after announcing investment plans at its Wichita, KS site, Spirit AeroSystems has announced new plans to hire an additional 1,400 employees.
Indigo Ag Establishing North American HQ In Tennessee
The agricultural technology company will invest $6.6 million and create approximately 700 jobs at its new Memphis headquarters over the next three years.
Essel Propack Investing $31.2M In Virginia
The packaging company will create 45 new jobs with an expansion of its Danville, VA manufacturing facility.
Park Aerospace Plans $19M Expansion In Kansas
The expansion will allow the company to double its number of employees in Newton, KS from 73 to 146 in the next five years.
Norfolk Southern Locating HQ In Atlanta
The transportation company's new headquarters will result in the creation of 850 jobs and $575 million in capital investment in Fulton County.
Apple To Build New Campus In Austin, Add Jobs Across U.S.
The company will also establish new sites in Seattle, San Diego and Culver City, CA and expand in Pittsburgh, New York and Boulder.
Israeli Auto Supplier To Triple Indiana Workforce
Omen USA will expand its manufacturing operations in Richmond, IN and create up to 200 new jobs by 2022.
Alliance Steel Creating Up To 130 Jobs In Northwest Indiana
The Illinois-based steel company is investing nearly $20 million to move to Gary, IN.
The PGA Of America Relocating HQ To Texas
The Professional Golfers’ Association of America's headquarters relocation will bring $30 million in capital investment and a minimum of 100 new jobs to Frisco, TX.
PPG Investing $1.7M In China
The company's new dispense cell at its Kunshan coatings manufacturing facility will expand production capacity for protective, marine coatings
Honeywell Investing $248M In New Charlotte Global Corporate HQ
The Fortune 100 company will create more than 750 new jobs in Mecklenburg County, NC over the next six years, with help from a $46 million BIP grant.
Greater Richmond: Mid-Sized Market With Maximum Reach
Lower costs, an exceptional quality of life and first-class 21st century infrastructure are convincing big players to choose Richmond over larger markets.
SK innovation Will Invest $1.67B In Georgia
In the largest single investment and job-creating project in Georgia’s history, the South Korean lithium-ion battery maker will create 2,000 jobs in Jackson County.
Cascades To Invest $58M In North Carolina
The green packaging and tissue manufacturer will create 66 new jobs to operate new, modernized equipment at its Wagram, NC plant.
Infosys To Create 1,200 Jobs In Australia
The company will open three Innovation Hubs and create new skilled jobs for graduates and professionals by 2020.
Louisiana Lands $1.25B Wanhua Chemical Complex
The China-based company's new chemical manufacturing complex will create 170 new jobs in St. James Parish, LA.
NomNomNow Creating 181 Jobs In Tennessee
The fresh pet food producer and distributer will invest $1.7 million to locate a new production facility in Nashville, TN.
2018 Economic Development Deal of the Year Deadline Extended
The deadline for submissions for Business Facilities' 2018 Economic Development Deal of the Year has been extended to November 30, 2018.
Specialty Chemical Maker Investing $17M In Michigan
Pacific Industrial Development Corp. will expand its Pittsfield Township, MI operations and create 50 high-tech jobs with help from a performance-based grant.
Paper Straw Maker Investing $9M In Indiana Expansion
Due to growing demand for paper straws, Aardvark Straws will expand its Fort Wayne, IN operations, creating more than 200 jobs by the end of 2021.
