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.
Dollar General To Invest $35M, Hire 50,000 Employees
The national retailer is increasing its hiring efforts to support community and customer needs during the COVID-19 pandemic.
CloudOne To Create 320 Jobs In Tennessee
The company will invest $2 million to establish a new call center operation in Nashville, TN.
Sumter Original Brewery Establishing Operations In South Carolina
The local craft brewery's $6.5 million investment will create 20 new jobs in Sumter County, SC.
Iriapak Investing $7M In New Louisiana Packaging Film Plant
The Italian company’s first North American manufacturing facility will create 25 new jobs in New Orleans, LA.
McKee Foods Investing $500M To Expand Tennessee Operation
The snack food and granola maker employs more than 3,000 people in Tennessee, and anticipates creating 480 new jobs in Collegedale over the next 15 years.
Borbet Investing $24M In Alabama Expansion
The German automotive industry manufacturer will create 25 news jobs at its Auburn, AL operation.
Direct Marketing Company Creating 239 New Jobs In Virginia
Moore will invest more than $31 million to establish the Richmond Print Group, a new venture in Henrico County, VA.
Seakeeper Investing $11M To Move Headquarters To Pennsylvania
The boating parts manufacturer will also expand its Berks County manufacturing operations, creating 97 new jobs.
American Airlines Investing $550M At Tulsa Maintenance Base
The project, which involves upgrades to nearly every building, will begin in early 2021 and is the largest investment ever made at a maintenance location in the airline’s history.
Accurate Energetic Systems Investing $9.7M In Tennessee Expansion
AES will modernize and expand its operations at its 1,300-acre site in McEwen, TN, resulting in 80 new jobs.
SimpliSafe Creating 572 New Jobs In Virginia
The producer of self-installed home security systems will invest $5.5 million to establish a new customer support center in Henrico County, VA.
Freshpet Investing $264M In New Texas Manufacturing Facility
The new pet food manufacturing facility will create 427 new jobs in Ennis, TX with help from a Texas Enterprise Fund (TEF) grant.
Who Will You Meet At LiveXchange?
If your company has active or ongoing site selection projects, you can't afford to miss LiveXchange, the biggest show of the year for site selectors.
Ports And FTZs: Tidal Wave
The economic impact of U.S. seaports has a far reach, extending from the direct to the indirect and beyond. There are an estimated 2.2 million jobs that depend on ports.
Subaru Investing $158M In Indiana Expansion
The automotive company plans to create up to 350 new jobs at its Lafayette, IN manufacturing operations by the end of 2023.
Verisure To Create 1,000 Jobs In North East England
Europe’s largest domestic alarm provider will invest nearly $4M in a 104,000-square-foot facility at the Quorum Business Park, North Tyneside.
Data Center Industry Locations: Data-Driven Growth
As the demand for data continues to expand exponentially, new data centers are being built on sites closer to consumers (also known as “edge” locations) and modular, pre-fab units are speeding construction.
Sherwin-Williams Investing At Least $600M In Ohio
The company will build a new a new global headquarters in downtown Cleveland and a new R&D center in Brecksville, creating an estimated 400 news jobs.
Gulfstream Investing $35M In Texas Expansion
The aerospace company will expand its operations the Fort Worth Alliance Airport in Denton County, TX, creating about 50 jobs in the process.
Niagara Bottling Investing $70M In South Carolina
The beverage manufacturer will create 70 new jobs at its new operations in Florence, SC.
Your Time To Register For LiveXchange Is Running Out!
If your company is planning a corporate expansion or relocation project, then you can't afford to miss LiveXchange. Registration closes in 30 days!
Panacea Medical Technologies Opening First U.S. Facility In Indiana
The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.
Spirit Airlines Investing $11M To Move Operations To Tennessee
Over the next five years, the commercial airline will bring nearly 350 jobs to Williamson County, TN as it relocates the Operations Control Center (OCC) from Florida.
Bronze Award: 2019 Economic Development Deal Of The Year
The “coolest” section of Dallas, TX seals the deal for ride-sharing giant Uber’s new U.S. General and Administrative Hub, which will bring 3,000 new jobs to the city.
Silver Award: 2019 Economic Development Deal Of The Year
Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.
2019 Economic Development Deal Of The Year
We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).
Prodigy Cabinetry Investing $2.5M In South Carolina
The newly-formed cabinetry manufacturing company will establish its manufacturing operations and headquarters in Greenville County, SC creating 80 jobs
Business Facilities LiveXchange: Will We See You In Charlotte?
Only 15 spots remain for this year's Business Facilities LiveXchange event, April 19-21, 2020 at The Ballantyne Hotel & Lodge, Charlotte, NC.
Misfits Gaming Group Relocating HQ To Palm Beach County
The esports and gaming company will invest more than $1.35 million in its new corporate headquarters in Boca Raton, FL, where it will create 30 new jobs.
2019 State Of The Year: Texas
Texas wins our top honor for a record fourth time with a bonanza of new investments in projects creating thousands of new jobs in a diverse group of growth sectors throughout the Lone Star State.
Allpax Products Investing $7M In Louisiana
The food and pharmaceutical equipment-maker will build a new 80,000-square-foot headquarters, manufacturing center in St. Tammany Parish.
Continental To Build $110M Manufacturing Plant In Texas
The company’s second automotive manufacturing location in Texas will retain nearly 450 jobs and bring an additional 130 jobs to New Braunfels.
Databricks Growing In The Netherlands
The U.S.-based data analytics company will invest $110 million at its European headquarters in Amsterdam over the next three years.
Norfolk Southern Supported Nearly $2B In Investment In 2019
Industrial customers across 16 states developed 54 new and 23 expanded rail-served commercial projects which are expected to create more than 1,160 jobs.
UPS To Create 1,700 New Jobs Across Pennsylvania
The package delivery and supply chain management solutions company will invest at least $1.4 billion to expand its operations to four locations in Pennsylvania.
GreenCore Materials Investing $10M In South Carolina
The plastics manufacturer will create 74 new jobs at a new manufacturing plant in Georgetown County, SC.
Merck Building New Biotech Development Facility In Switzerland
Merck will invest $275 million in a new research and manufacturing facility in Corsier-sur-Vevey, Switzerland, which will house approximately 250 employees.
Amazon To Create 1,000 New Jobs In Tennessee
The 855,000-square-foot, state-of-the-art facility in Memphis, TN is anticipated to launch in time for the 2020 holiday shopping season.
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.
