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.
Gruppo Fanti To Invest $30M In West Virginia
The Italy-based metal packaging manufacturing company Gruppo Fanti will open its first U.S. manufacturing plant in Weirton, WV, creating 40 new full-time jobs.
Business Facilities’ 2020 Deal Of The Year Deadline Extended
Submissions will be accepted for Business Facilities’ 2020 Deal of the Year Awards until December 7, 2020. Awards will be announced in 2021 and featured in the January/February 2021 issue of Business Facilities.
Gestamp To Invest Over $94M In Tennessee Expansion
The automotive OEM supplier will create 260 new jobs as it expands operations at its Hickory Valley Road and Ferdinand Piech Way plants in Chattanooga, TN.
Nice-Pak To Create More Than 300 Jobs In Arkansas
The wet wipe maker will increase manufacturing capacity at its Jonesboro, AR facility to meet the unprecedented need for its products due to the the COVID-19 pandemic.
Ferrero Investing $75M In Illinois Expansion
Ferrero will establish its first North American Chocolate Manufacturing Center at its facility in Bloomington, IL, creating approximately 50 new jobs.
$590M Loan Will Help ApiJect Make Vaccine Devices In North Carolina
In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
Illinois: The Intersection Of Talent And Innovation
A great logistics network and a world-class education system enable the Land of Lincoln to generate the fifth-highest GDP among states.
August Bioservices Investing $64M In Tennessee Expansion
The pharmaceutical contract development and manufacturing organization (CDMO) will invest in current and new facilities, and create 180 jobs in Davidson County over the next five years.
Emerson Building $35M Manufacturing Facility In Arkansas
Emerson's new facility in Ash Flat, AR will manufacture products for the mechanical, electrical, and plumbing industries, and create 245 new jobs in Sharp County.
NewCold Investing $150M In Major U.S. Expansion
The Netherlands-based temperature-controlled warehousing and distribution company will create more than 200 new jobs in Lebanon, IN.
SPIG Industry Investing $7.9M In Virginia Expansion
Highway guardrail manufacturer SPIG Industry, LLC's expansion in Washington County, VA will create 113 new jobs.
Mark Anthony Brewing Investing $400M In South Carolina
To keep up with explosive demand for its White Claw Hard Seltzer, the company will build a new facility and create 300 new jobs in Richland County, SC.
Cornerstone Building Brands Investing $25M In North Carolina Expansion
Cornerstone Building Brands, an exterior building product company, will create 38 jobs at its new production facility in Rocky Mount, NC.
Sortera Alloys To Create 100 Jobs In Indiana
Texas-based metal recycling company Sortera Alloys is moving its production operations to Fort Wayne, IN.
Canada: Investing In A Cleantech Future Up North
Sustainable Development Technology Canada (SDTC) is investing $25 million in nine startups, part of an effort to position Canada as a global cleantech leader.
AHF Products Investing $2.5M In Kentucky Expansion
The wood flooring manufacturer plans to install innovative technology and create 20 new jobs at its Somerset, KY facility.
Frito-Lay Investing $100M In Tennessee Expansion
The snack manufacturer will add four new manufacturing lines and create 100 jobs in Pulaski, GA over next three years.
Reflection Window + Wall To Create 112 Jobs In Indiana
The Illinois-based building facade manufacturer Reflection Window + Wall is investing $9.3 million to build and equip a 120,000-square-foot facility in Porter County, IN.
Ken’s Foods Investing $103M In Georgia Expansion
Dressing and condiment maker Ken's Foods will create 70 new jobs as it expands its manufacturing and distribution operations in McDonough, GA.
Vigilent Labs Investing $104.6M In South Carolina
Advanced health and medical technology company Vigilent Labs will create more than 400 new jobs in Charleston County, SC.
Nestlé Purina PetCare To Invest $550M In New Ohio Factory
Purina's new Williamsburg, OH factory will support the company's long-term growth and employ more than 300 people by 2024.
U.S. Corrugated Considering Central Delaware For $80M “Super Plant”
The company has designated Dover as the "location of preference" for a 457,000-square-foot manufacturing facility that will create more than 150 jobs.
Wren Manufacturing Picks Pennsylvania For North American HQ, Manufacturing Facility
The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA.
Empirical Foods Breaks Ground On $250M Facility In Kansas
The ground beef facility in Garden City, KS is expected to be finished between 2022 and 2023, and will create 250 new jobs.
Texas: Open For Business
The pandemic and low oil prices hit Texas with a one-two punch, but the Lone Star State is still a leader in big-ticket projects.
Cummins To Invest More Than $25M In Indiana Expansion
The $25M investment will upgrade Cummins' Seymour Engine Plant (SEP) in Seymour, IN, and create and retain more than 150 jobs over the next five to 10 years.
Pratt & Whitney Investing Over $650M In North Carolina
The Fortune 50 aerospace company will establish a new manufacturing facility in Buncombe County, NC, creating 800 jobs by 2027.
Nor-Am Cold Storage Adds 90 New Jobs In Kansas
Nor-Am Cold Storage has invested $30 million in a new 148,000-square-foot cold storage warehouse in Dodge City, KS.
Advanced Manufacturing: Manufacturing Muscle Joins The Fight
In locations throughout the nation, advanced manufacturing facilities and resources are being enlisted in the fight against COVID-19.
West Virginia Methanol Investing $350M In New Plant
The plant will create 30 high-paying jobs in Pleasants County, WV and produce 900 metric tons of high-purity methanol from natural gas each day.
Roche Canada Creating 500 Jobs In Ontario
Roche will invest $381 million to establish a Global Pharma Technical Operations site at its Canadian pharmaceutical headquarters in Mississauga, Ontario.
GM To Invest Nearly $2B To Build EVs In Tennessee
Fully electric vehicles, including the Cadillac LYRIQ, will be built at the Spring Hill, TN plant, General Motors’ largest facility in North America.
Startup Ecosystems: Seeding The Land With Startups
Locations are nurturing startup ecosystems with access to skilled labor, angel investors, higher ed resources and an affordable quality of life that is attracting talent.
Goya Foods Investing $80M In Texas Expansion
Latin American food and condiment company Goya Foods will expand manufacturing and distribution capacity at its Brookshire, TX facility.
GM’s Detroit-Hamtramck Plant Named Flagship Facility For EV Production
General Motors will invest $2.2 billion to transform its Detroit-Hamtramck Assembly Center into an all-electric vehicle assembly plant, dubbed Factory ZERO.
Babynov USA Investing $45M, Creating 150 Jobs In Tennessee
Babynov USA, a subsidiary of French organic baby food manufacturer Global Baby, will establish its first US. production facility in Red Boiling Springs, TN.
New Biopharmaceutical Company Launches Operations In Central Indiana
INCOG BioPharma Services will invest $60M to establish its first manufacturing facility and global headquarters in Fishers, IN.
Home Meridian International Investing $23.5M In Georgia Expansion
The division of Hooker Furniture Corporation will open a distribution facility in Liberty County, GA, creating 50 new jobs.
Rolls-Royce Investing $13.9M In Minnesota Expansion
The multi-phase expansion will add production lines, testing capabilities, and manufacturing jobs at the company's Mankato, MN Power Systems business unit.
La Regina Atlantica To Open First U.S. Food Processing Facility In Georgia
The homemade pasta sauce maker will invest $20 million in a new food processing facility, bringing 250 jobs to Alma, GA.
