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.
Troy Industries Relocating HQ To Tennessee
The small arms components and accessories manufacturer will invest more than $7 million to relocate its headquarters, manufacturing operations to Clarksville, TN.
Snapshots: 60 Seconds with Ariel C. Gruswitz, J.D., Delaware Prosperity Partnership
Ariel C. Gruswitz, J.D., Director of Innovation, Delaware Prosperity Partnership, discusses the First State's focus on innovation, and how it's attracting growing companies.
Hilmar Cheese Company Bringing 247 New Jobs To Kansas
Hilmar Cheese Company plans to invest $460 million to build a major production facility in Dodge City, KS.
Amazon Investing $100M In North Carolina
Seattle-based e-retail giant Amazon will create 500 jobs at its new import processing center in Smithfield, NC.
Google Canada Plans $600M Investment In Québec
Google Canada intends to acquire more than 154 acres of land in Beauharnois, Québec, southwest of Montréal, where it will build a data center that will employ at least 20 people.
Lion Electric Bringing First-Ever U.S. Manufacturing Facility To Illinois
The $70 million investment by Lion Electric will pave the way for the largest all-electric commercial vehicle production plant in the U.S., create 745 jobs.
Israel-Based Aerospace Company Relocating Operations To Oklahoma
TAT Technologies Ltd. is expected to create more than 300 jobs as it relocates its thermal components activities from Israel to Tulsa, OK.
New York: Where Steel Turns Into Sugar
The historic Bethlehem Steel mill in Lackawanna, New York, built in the 19th Century, will be converted into a $19-million sugar refinery.
Indiana Launches $500M Quality Of Place, Talent Attraction Initiative
The Indiana Regional Economic Acceleration and Development Initiative (READI) encourages communities to create shared visions and strategies to accelerate economic resilience, long-term growth.
New PPE Production Facilities Planned For Louisiana’s Acadiana Region
SafeSource Direct and Ochsner Health will establish two manufacturing facilities for personal protective equipment (PPE) in the Acadiana Region.
Boeing Commits $50M To Virginia Tech Innovation Campus
The investment will help diversify the technology industry and bolster the Washington, DC region as a global innovation hub.
Intel’s $3.5B Investment To Create 700 Jobs In New Mexico
Intel will expand its fabrication facility in Rio Rancho, NM to create a domestic hub for advanced semiconductor manufacturing.
GreyOrange Locating Global Headquarters In Georgia
The AI-enabled software and robotics company will invest more than $1 million and create 200 jobs in the metro Atlanta area.
Canada: Your Investment Destination For Supply Chain Resiliency
Brand, market access, and talent are among the numerous advantages Canada enjoys amid the reshaping of global supply chains.
Illinois Invests $15M In Advanced Manufacturing Training Academies
Funding from the Rebuild Illinois capital plan will establish two cutting-edge training academies to prepare workers for future jobs, boost investment in downstate communities.
Locations For The Biotech Industry: Microscopic Miracles
Successful introduction of mRNA vaccines has created a platform for the rapid development of new treatments.
Toyota To Create 1,400 New Jobs In Indiana
In its third multi-million dollar investment in four years, Toyota announced it is adding two all-new electric vehicles to the production line-up at its Princeton plant.
Robinson Manufacturing Invests $15M In Tennessee Expansion
Clothing manufacturing and distribution company Robinson Manufacturing will create 91 jobs at its new Rhea County, TN warehouse and distribution facility.
Apple To Invest $430B Across U.S. Over Next Five Years
Apple will build a new $1B North Carolina campus, and make job-creating investments in advanced manufacturing and clean energy throughout the country.
Tyson Foods Investing $48M In Arkansas Expansion
Arkansas-based Tyson Foods will create nearly 70 jobs with the expansion of its Pine Bluff, AR poultry plant.
Louisiana Green Fuels Plans $700M Renewable Diesel Refinery
A sequestration feature at Louisiana Green Fuels’ plant at the Port of Columbia means it would remove more carbon from the atmosphere than it generates.
Nacero To Invest Up To $7B In Texas Gas Manufacturing Facility
Nacero Inc. will build a lower carbon gasoline manufacturing facility at a site in Penwell, TX, employing 350 full time operators and maintenance personnel.
Ninth Avenue Foods Investing $103M In Indiana Facility
The beverage production company will create up to 111 jobs at its new Midwest headquarters and manufacturing facility in Columbus, IN.
Amazon To Hire Over 1,000 At New Virginia Fulfillment Center
Amazon will build a 650,000-square-foot state-of-the-art robotics fulfillment center on 119 acres of ancillary land in Henrico County, VA.
Milwaukee Tool To Create 1,200 Jobs In Mississippi
Power tool maker Milwaukee Tool will invest $60 million in its new 500,000-square-foot manufacturing facility in Grenada, MS.
Great Lakes Cheese Investing $185M In Texas Expansion
Cheese manufacturing and packaging company Great Lakes Cheese is expanding with a state-of-the-art packaging facility that will create more than 500 jobs in Abilene, TX.
Pete’s Opening First Eastern U.S. Indoor Farming Facility In Georgia
California-based greenhouse grower Pete's will invest $18 million and create 15 jobs in Peach County, GA.
GM, LG Energy Solution Investing $2.3B In New Tennessee Plant
The joint venture, Ultium Cells LLC, will build a manufacturing plant in Spring Hill, TN and create 1,300 new jobs.
Abzena To Create 325 Jobs In North Carolina
Life sciences contract development and manufacturing organization (CDMO) Abzena will invest $213 million to establish a new manufacturing operation in Sanford, NC.
LG Electronics Investing Additional $20.5M In Tennessee
Home appliance manufacturer LG Electronics will add another shift, creating 334 jobs and bringing total employment at its Clarksville, TN operations to about 1,000.
March / April 2021 Issue (Volume 54, Number 2)
Business Facilities' March / April 2021 Issue features a look at the Global Supply Chain and our annual tour of top logistics hubs. Plus, a report from Michigan Governor Gretchen Whitmer.
Carter Wind Turbines Creating 300 Jobs In Oklahoma
Carter Wind Energy will invest $10 million to establish its new wind energy company in Lawton Fort-Sill, OK.
STS Group AG To Establish First U.S. Location In Virginia
German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.
Life Sciences Hubs: Good Genes, GREAT Growth
Billions in private equity and public funding are flowing into the life sciences sector, which is front and center in the battle against the pandemic.
Carvana Plans New Facility In Trenton, OH
Online auto retailer Carvana will invest more than $24 million to establish a new service and distribution facility in the Cincinnati region.
Lineage Logistics Investing $42M In Port Of New Orleans Expansion
The expansion of Lineage Logistics' Port of New Orleans cold-storage facility will create 50 new jobs and support the state's $1.6 billion poultry industry.
Three Tech Companies Choose San Antonio For HQs, Expansion
Skipcart, Matthews International and SafeRide Health will create a total of more than 250 new jobs in the region.
Cypress Cold Storage Completes Expansion In Arkansas
The temperature-controlled warehouse space provider invested more than $13 million in the expansion, which created 30 jobs in Maumelle, AR.
BRS Offroad Establishing HQ, Manufacturing Facility In Tennessee
The offroad and luxury camper manufacturer will invest nearly $2 million and create 115 jobs in Hohenwald, TN.
Edmonton, Alberta: On The Short List For Global Players
The Edmonton Metro region is an innovative hub of emerging growth sectors with a diverse and talented population creating opportunities for investment right now.
