Capital Investment | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

With its second major expansion of Stuarts Draft manufacturing operation since 2019, the chocolate company will create 110 new jobs in Augusta County, VA.


https://businessfacilities.com/2020/07/the-hershey-company-investing-135m-in-virginia/
With its second major expansion of Stuarts Draft manufacturing operation since 2019, the chocolate company will create 110 new jobs in Augusta County, VA.

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.


The Hershey Company Investing $135M In Virginia

With its second major expansion of Stuarts Draft manufacturing operation since 2019, the chocolate company will create 110 new jobs in Augusta County, VA.

Centene Corporation To Create 3,000 Jobs At New Charlotte HQ

The fast-growing healthcare enterprise will invest more than $1 billion in Mecklenburg County, NC.

Agero To Create 900 Jobs In Tennessee

The driver assistance services company will invest $2 million to expand its operations in Clarksville over the next five years

Navistar Virtually Breaks Ground On $250M Texas Manufacturing Facility

Navistar is building a commercial truck and bus manufacturing facility in San Antonio, bringing 600 jobs to the area. Vehicle production will begin in early 2022.

TTI Floor Care Investing $20M In Tennessee Expansion

The company's expansion project will add multiple production lines and products, and create 500 jobs over a five-year period in Cookeville, TN.

Corporate Headquarters: Base Camps for Business

Corporate headquarters aren’t synonymous with cookie-cutter glass towers hidden in the middle of canyons of skyscrapers in the largest cities. More and more locations are offering what it takes to be a base camp for 21st-century business.

Metalworx Relocating HQ, Manufacturing Facility To Virginia

The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.

Did You Miss Our “Predicting The Post-COVID-19 World” Webinar?

In this free video webinar, we identify trends likely to impact capital investments, site selection and economic development in the wake of the COVID-19 pandemic and the tools for economic recovery.

Ramsey Solutions’ Corporate Expansion Will Create 600 Jobs In Tennessee

Ramsey Solutions will invest $52 million build a second office building, totaling nearly 192,000 square feet and six stories, on its corporate headquarters campus in Franklin, TN.

Alcorta Forging Group Investing $15M In Ohio Expansion

The Spanish auto supplier's Marysville, OH location will be its first manufacturing operations and regional headquarters in the U.S., and will create 50 new jobs. 

More Than 400 Jobs, $103M In Capital Investment Land In Lubbock

General Advanced Foods, MTBC, Ltd. and AT&T have recently announced expansion projects in Lubbock, TX, adding $103.1 million in capital investment, 404 additional jobs and retaining 86 jobs in the Lubbock community.

S23 Holdings Investing $64.4M In Virginia Corporate, Industrial Campus

The maritime, ship repair, and manufacturing company will create 332 new jobs in City of Newport News, VA.

QTC Will Invest $5M To Establish Operations Center In Nashville

The disability and occupational health exam services company will create approximately 410 jobs in Davidson County, TN over the next five years. 

Industry Leaders L3, Jabil, 3 Daughter’s Commit To St. Pete, Florida For The Long Haul

Local economic development officials attribute St. Pete’s recent boom to a community-wide strategy called Grow Smarter, which identifies five target industry sectors primed for the most growth.

New Jersey To Develop First Purpose-Built Offshore Wind Port In U.S.

The $300-400 million New Jersey Wind Port will be the biggest investment in Salem County in a generation and could create up to 1,500 jobs and $500 million in economic activity.

Ross Stores Investing $68M In South Carolina

The apparel and home fashion company will expand its distribution operations in York County, SC, creating 700 new jobs.

FerraTex Solutions Investing Nearly $2M In Virginia Expansion

The company will establish a new subsidiary operation and create 15 new jobs in Henry County, VA with help from local and state economic development grants.

Lowe’s Canada Building New Distribution Center In Greater Calgary

Expected to open in the fall of 2021, the new 1.2 million-square-foot facility will represent a joint investment of more than $88 million.

Fujifilm Investing $928M In Denmark Expansion

The expansion will establish end-to-end capabilities in one site, including drug substance manufacturing, fill/finish, assembly, labeling and packaging.

Dot’s Pretzels Investing $15M In Kansas Expansion

The pretzel maker has selected Logistics Park Kansas City in Edgerton, KS for a new manufacturing facility that will create 22 new jobs.

McClancy Seasoning Investing $9.4M In South Carolina

The spice company is expanding its manufacturing and distribution operations and creating 108 new jobs at its two locations in Lancaster County, SC.

Ameri-Kart Investing More Than $10M In Indiana Expansion

The rotational molder and thermoformer will consolidate its Michigan and Indiana operations and create up to 210 jobs in Elkhart County, IN by the end of 2022.

Braven Environmental To Invest $31.7M In Virginia

The company will establish a first-of-its-kind waste plastics facility and manufacturing operation and create 52 new jobs in Cumberland County, VA.

Turkey Hill Acquires Arkansas Ice Cream Facility

The ice cream and beverage company has acquired a 100,000-square-foot ice cream and novelty production facility in Searcy, AR.

Huali Floors Creating 315 Jobs In Georgia

The resilient flooring manufacturer will invest more than $27 million to establish its first U.S. headquarters in Murray County, GA.

Bates Precast Concrete To Invest $5M In Georgia Expansion

The concrete company will build new office, production and storage space at its facility at Lake Park Industrial Park in Valdosta-Lowndes County, GA.

Nextremity Solutions Investing $4.5M To Expand In Indiana

The orthopedic device company will create up to 111 new jobs at the Warsaw Technology Park in Kosciusko County, IN.

Forcura To Create 115 Jobs At New Florida HQ

Healthcare technology company Forcura will invest $2.15 million to expand its corporate headquarters in Jacksonville, FL.

Ontex Group Creating $93.3M Investment In North Carolina

The Belgian personal care company will locate its first U.S. manufacturing site in Rockingham County, NC, creating 403 jobs. 

Microsoft Investing $64M In New Virginia Location

The company will create 1,500 jobs at a new software development and R&D regional hub in Fairfax County, VA. 

POINT Biopharma Investing $25M In First U.S. Manufacturing Facility

The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.

Italian Stainless Steel Company Picks Indiana For North American HQ

INOX Market Service will invest $15 million to establish its North American headquarters in Delaware County, IN, creating up to 101 jobs by the end of 2024.

Microsoft Adding 1,500 New Jobs In Atlanta

The company will invest $75 million in a new facility focused on artificial intelligence (AI) and cloud services in the West Midtown section of Atlanta, GA.

Crown Holdings Begins Building $148M Plant In Kentucky

The 327,000-square-foot metal beverage can manufacturing facility in Bowling Green, KY will create 126 jobs when it opens in the spring of 2021.

Wedge Brands Investing $14M In Colorado

The 76,000-square-foot logistics and distribution center for the outdoor industry will be located on the Colorado Outdoors campus in Montrose. 

Snapshots: 60 Seconds with Courtney Pogue, City of Dallas, TX

Courtney Pogue, Director of Economic Development, City of Dallas, TX, discusses information technology hosting and data center operations, foreign direct investment, renewable energy and more.

Click Here Digital Relocating To New Louisiana HQ

The digital consultancy will retain 63 jobs, and create 100 new direct jobs at its new corporate headquarters in in Baton Rouge, LA.

Aerion Supersonic Moving Global Headquarters To Florida

Aerion will invest $300 million to build a new state-of-the-art campus in Melbourne, FL, resulting in the creation of at least 675 jobs. 

Strengthening New Jersey’s Bond With Israel

Choose New Jersey’s second successful economic mission to Israel delivers partnerships and is strengthening the New Jersey-Israel connection.

Batter Up Foods Invests $34M In Georgia Waffle Plant

The company will expand its sister company, SatisPie, at a food production plant in Fulton County, GA, creating 162 jobs.

Business Facilities & COVID-19

COVID-19 Pandemic Spurs Innovation At ILC Dover

Legendary Delaware manufacturer has introduced a new product, the EZ BioHood, to protect frontline workers during the COVID-19 pandemic.

Tennessee: A Pledge To Recover

Tennessee is doing its best to transition from “temporarily closed” to “permanently open” using statewide initiatives that protect individuals and support businesses.

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