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.
Renewable Transport Services Adding Over 90 Jobs In Indiana
Trucking company Renewable Transport Services will invest more than $20M to upgrade and equip its 100,000-square-foot Indianapolis facility.
Deli Star Establishing New Missouri HQ
Deli Star selected St. Louis, MO for its new headquarters and manufacturing facility thanks in part to a highly-skilled and available talent pool, low business costs, and quality of life.
Fidelity Investments To Create Nearly 600 Jobs In Kentucky
Fidelity Investments’ latest hiring effort adds to roughly 730 jobs created at its Covington, KY campus since the beginning of 2020.
BlueHalo Picks NM For $60M Manufacturing, Research, Tech Complex
BlueHalo will retain 260 jobs and create an additional 64 jobs at its new 200,000-square-foot Albuquerque, NM campus.
SimpliSafe To Add Second Operation, Create 250 New Jobs In Virginia
Home security services company SimpliSafe will invest over $3M in a second customer security monitoring service center in Henrico County, VA.
$740M Beverage Campus To Be Built In Cabarrus County, NC
In the largest economic development announcement in Cabarrus County, NC history, Red Bull and Rauch North America will create more than 400 jobs at The Grounds at Concord.
Xaloy To Return To Virginia, Reopen Pulaski Manufacturing Facility
Xaloy will invest $1.75 million to move its bimetallic barrel manufacturing operation back to Pulaski County, VA, which will retain seven jobs and create 35 new jobs.
Amsino Medical Group Celebrates New North American Distribution Hub
The global medical and healthcare products company's $32 million investment in Aurora, IL is expected to create 110 new jobs.
New SC Agribusiness, Manufacturing Facilities To Create 372 Jobs
Prestage Farms will create 292 new jobs in Kershaw County; Solstice Sleep Products will create 80 new jobs in Marion County.
Nevada: The Forecast Calls For Sunshine And Growth
Henderson—Nevada’s second-largest city—has the highest per capita income of any city in Nevada, 19 percent higher than the U.S. average.
ASOS To Invest More Than $100M In Georgia Expansion
The online fashion and beauty retailer will expand its Fulton County, GA e-commerce fulfillment operations.
Materion Corporation To Invest $80M In Pennsylvania Expansion
Ohio-based advanced materials producer Materion Corporation will create at least 65 new jobs in Berks County, PA.
Snapshots: 60 Seconds with Peter Denious, AdvanceCT
Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.
Roseburg Forest Products To Create 137 Jobs In North Carolina
Roseburg Forest Products will invest $200 million to develop a sustainable high-tech sawmill operation in Halifax County, NC.
BioLab Investing $170M To Rebuild Louisiana Chlorine Plant
Hurricane Laura destroyed BioLab's previous chlorine facility in 2020; new facility will retain 19 jobs and create 82 jobs in Westlake, LA.
Nestlé Purina PetCare To Invest $182M In Virginia Expansion
Nestlé Purina PetCare Company, King William County’s largest employer, will increase capacity at its existing production facility.
Alabama: Revving Up On The Road To Recovery
Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.
Shut Down Your Zoom…Face-To-Face Meetings Are Back!
This year's Business Facilities LiveXchange event will be live and in-person at The Westin La Paloma Resort & Spa in Tucson, AZ, October 26-28, 2021.
Pace Industries Relocates HQ To Michigan
Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.
Post-Pandemic Industrial Parks: Risk-Resilient, Resource Efficient
Industrial parks can mitigate social, health and environmental risks by embracing a resource-efficient eco-industrial concept.
International Consulting Firm Growing Central Indiana Operations
Milliman Inc. will add nearly 100 jobs and invest more than $6 million to lease and furnish office space in the Market Tower office building in downtown Indianapolis.
Kansas Dairy Ingredients Investing $45M In Kansas Expansion
Kansas Dairy Ingredients (KDI) Cheese Company will expand its operations in Southwest Kansas, creating 40 new jobs in the Hugoton community.
EV Manufacturer Picks Tulsa For First Mega Microfactory
Electric vehicle (EV) maker Canoo will build its first mega microfactory on a 400-acre site at the MidAmerica Industrial Park, where it will create over 2,000 jobs.
Amazon To Create 1,000 Jobs At New Baton Rouge Robotics Facility
The company will invest $200 million in its latest robotics fulfillment center in Louisiana, scheduled to open by December 2022.
Switch Picks Round Rock For Fifth Exascale Data Center Campus
Switch will build over 1.5 million square feet of Tier 5® data center space next to Dell Technologies’ global headquarters in Round Rock, TX.
Gallo Winery Plans New East Coast Facility In South Carolina
Wine and spirits company E. & J. Gallo's $423 million investment in Chester County, SC will create 496 new jobs over the next eight years.
Advanex Americas Relocating HQ To Tennessee
Spring manufacturer Advanex Americas will invest $17 million to move its base from California to White House, TN, creating 102 jobs.
Landing Relocating HQ To Alabama
Fast-growing flexible apartment rental company Landing will move its corporate headquarters from San Francisco to Birmingham, AL, creating over 800 jobs.
May / June 2021 Issue (Volume 54, Number 3)
The May / June 2021 Issue features a look at millennial magnets and customized training programs. Plus, how the manufacturing industry can keep and attract workers.
Frito-Lay To Create 160 Jobs With Texas Plant Expansion
Snack manufacturer Frito-Lay will invest $200 million in its Rosenberg site, bringing total investment at the location to more than $330 million.
Three Companies To Invest More Than $160M In Indiana Expansions
Tempur Sealy, ITS Logistics, and Ludo Fact USA will create a total of 600 new jobs in Montgomery, Boone, and Tippecanoe counties.
L’Oréal USA Investing $12M In Arkansas Expansion
Cosmetics manufacturer L’Oréal will expand its North Little Rock, AR facility, bringing 45 new jobs to the region.
Business Executives’ Optimism About U.S. Economy Hits Three-Year High
Nearly 70 percent of U.S. executives say their companies plan to expand in the next 12 months, up from 58 percent last quarter, finds new AICPA survey.
10 Ways Amarillo, TX Can Help Your Business Succeed
Whether you’re looking for lower taxes, higher education, first-rate incubators, generous incentives or a healthy work-life balance—Amarillo, TX has it all.
QVC Investing $27.5M In South Carolina Expansion
The video retailer will create approximately 360 new jobs with an expansion of its Florence County, SC fulfillment center.
Lubbock Lands Over 500 Jobs, $11M In Investment
VXI Global Solutions, CEV Multimedia, Starnik Systems and SIMFLO have all opted to grow in Lubbock.
CANPACK Selects Indiana For Second U.S. Plant
Poland-based packaging manufacturer CANPACK will invest $380 million and create 345 jobs at its new aluminum beverage can manufacturing plant in Muncie, IN.
Bridgestone Creating 250 Jobs With Kentucky Expansion
The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.
Whirlpool Investing $15M In Oklahoma Factory
Whirlpool Corporation expects to create 150 news jobs as it invests in new machinery and equipment at its Tulsa, OK operations.
SunCoke Energy To Invest $50M In Virginia Manufacturing Operation
Raw material processing and handling company SunCoke Energy will refurbish and upgrade a manufacturing facility in Buchanan County, retaining about 100 jobs.
