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.
Eli Lilly And Company Investing $470M In North Carolina Expansion
Indiana-based Eli Lilly and Company will create more than 460 new jobs at its new manufacturing pharmaceutical facility in Durham, NC.
Macedon Technologies To Create 147 Jobs In Virginia
The software firm will invest $1.65 million to expand its corporate headquarters in Reston, VA.
Michigan Strategic Fund Projects Will Create More Than 740 Jobs
Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.
China-based Minth Group To Invest $87M In Tennessee
Over the next five years, the auto parts manufacturer will create 254 new jobs in Lewisburg, TN.
Toyota Announces Additional $700M Investment In Indiana
Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.
Adient Investing $23.5M In Tennessee Expansion
The automotive seating maker will create approximately 330 jobs as it expands its Lexington, TN manufacturing facility for the second time since 2018.
Optimized Armor Investing $3.7M In South Carolina
The armor steel supplier will establish new operations and create 100 jobs in York County, SC.
Sara Lee Frozen Bakery To Invest $19.8M In North Carolina Expansion
The baked treat maker will create 108 jobs at its food manufacturing center in Tarboro, NC.
Fiat Chrysler To Invest $400M In Indiana Transmission Plant II
The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.
AllianceBernstein Investing $11.4M In Nashville Global HQ
The asset management firm will create an additional 200 jobs when it moves into Nashville’s Fifth + Broadway development by the end of this year.
Spirit Airlines Breaks Ground On South Florida HQ
The airline will invest up to $250 million and create 225 new jobs at its new Broward County corporate campus.
Two Projects Will Add Up To 80 Jobs In Lawrence County, AL
CCI Manufacturing USA Corp. will invest $21.5 million to construct an advanced production facility and Progressive Pipe Fabricators has broken ground on a new 82,000-square-foot facility in Lawrence County.
$1B Ammonia Plant Coming To Greater Houston
The investment by Gulf Coast Ammonia LLC, Air Products, and Eastman Chemical Company will build the world’s largest single-train ammonia synthesis loop in Texas City, TX.
DuPont Investing $75M In Modernization Of Virginia Plant
The company will modernize and expand its manufacturing and technology operations in Chesterfield County, VA, creating 60 jobs.
Business Facilities’ Editor: Texas Dominated The Decade
Editor in Chief Jack Rogers tells News Radio 1080 KRLD that Texas' 2019 State of the Year win is a fitting coda for its dominance in economic development.
Bombardier To Build Global Manufacturing Center In Ontario
The 1 million-square-foot facility in the City of Mississauga will have the capacity to build up to 100 aircraft a year and will support thousands of jobs.
Michigan’s Fiat Chrysler Expansion Is BF’s Deal Of The Year
Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion
Texas Is Business Facilities’ 2019 State Of The Year
Business Facilities has named Texas its 2019 State of the Year, making it the first state to win the magazine’s top honor four times.
MKDA Investing $20M In Georgia
Japan-based Mitsui Kinzoku Die-Casting Technology America, Inc. will build a new automotive parts manufacturing facility, creating more than 30 jobs in Spalding County, GA.
Ascend Finalizes Plans For $175M Project In Alabama
The project will expand production capacity at the company’s Decatur, AL manufacturing facility and construct energy cogeneration units at the site.
Aircraft Solutions Investing Nearly $100M In North Carolina
The company will create 475 jobs at a new subsidiary at North Carolina’s Global TransPark to recycle aircraft parts and materials.
Kraft Heinz Food Investing $25M In Texas Expansion
With help from the Texas Enterprise Zone Program, the company will expand its food production operations in Garland, TX, creating 250 new jobs.
GM Investing $1.5B In Missouri Expansion
The auto company's investment will retain 4,000 jobs at its Wentzville, MO plant, where it will build its next generation mid-size trucks.
Wegmans Investing $175M In Virginia Distribution Campus
The grocery retailer’s new regional distribution operation in Hanover County, VA will create 700 new jobs.
Freightliner Custom Chassis Expanding In South Carolina
The vehicle chassis manufacturer will invest more than $13.9 million and create 193 new jobs in Cherokee County, SC.
Hyosung Heavy Industries Locating First U.S. Production Facility In Tennessee
The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.
Kansas Picked For $200M Walmart Distribution Center
The retail giant will create 300 full-time jobs at its new distribution center at the Kanza Fire Commerce Park in Topeka, KS.
Refresco Investing $12M In Oklahoma Expansion
The independent bottler will add 75 new jobs at its Fort Gibson, OK manufacturing operation.
Waterlogic Chooses Texas For North American Headquarters
The drinking water dispenser company will invest $1.6 million and create up to 164 jobs in Grapevine, TX.
Structurlam Picks Arkansas For Its First U.S. Plant
The $90 million precision-engineered mass timber production facility will create 130 jobs in Conway, AR.
Pratt & Whitney Investing $30M In West Virginia Expansion
The aircraft and helicopter engine manufacturer will expand its Bridgeport, WV facility for the maintenance, repair and overhaul of PW800 engines.
United Alloy Building $35M Manufacturing Facility In Texas
The metal fabrication and powder coating company will create at least 100 new jobs at its new 200,000-square-foot manufacturing facility in Seguin, TX.
Three Companies Expanding, Investing $4.9M In Kansas City, MO
Homebase, Simplifyy and Mark II Transfer Station are expected to bring a total of 388 new jobs to the Kansas City, MO region.
AIRSYS Cooling Technologies Investing $5M In South Carolina
The global information, communication and technology (ICT) cooling solution provider will establish manufacturing operations in Greer, SC, creating 116 new jobs.
Pawtucket, RI Launches $400M Economic Development Project
The project will transform Pawtucket’s riverfront with extensive development, including a new United Soccer League (USL) Championship soccer team and stadium.
Inter Pipeline Commits $7.5M To Plastic Waste Reduction Research
The 10-year deal with the Northern Alberta Institute of Technology (NAIT) is the largest applied research partnership in the institute's history.
Hyundai Investing $1.55B In First Indonesian Manufacturing Plant
Hyundai Motor will build the vehicle manufacturing plant in Kota Deltamas, east of Jakarta, creating more than 23,000 new direct and indirect jobs in the region.
GM And Isuzu Will Create 100 Jobs At New Plant In Ohio
The new $175 million facility will be built in Brookville, OH to help meet demand for Chevrolet Silverado and GMC Sierra heavy-duty diesel pickups.
AkzoNobel Investing $55M In North Carolina Expansion
The project will improve efficiencies at the High Point, NC wood coatings operation and strengthen the company's ability to serve customers in North America.
Volkswagen AG Investing $800M In Tennessee
Chattanooga has been chosen as automotive company’s U.S. base for electric vehicle production, which will create 1,000 new jobs.
