Capital Investment
New Jersey Sees ‘Historic Economic Progress’
Governor Phil Murphy says the Garden State’s workforce and location provide tremendous value to businesses.
Mack Trucks To Invest $14.5M In Virginia Expansion
Mack Trucks will create 51 jobs with an expansion of its Roanoke County manufacturing operation. Meanwhile, Virginia will grant six communities a total of $1.76M for brownfields restoration.
Aerospace And Defense Industry Locations: Cleared For Takeoff
As the aerospace and defense industry continues to grow, companies look for suitable locations.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
Honeywell Aerospace To Invest $84M In Kansas Manufacturing Expansion
Honeywell Aerospace will create 156 new high-tech jobs with an expansion of its Olathe, KS manufacturing facility.
BlackStar Orbital Plans Arizona Spacecraft Manufacturing, Test Facility
The manufacturer of the BlackStar Spacecraft will invest $7.1 million and create more than 50 jobs at Sierra Vista Municipal Airport.
Rokt Will Invest $17.6M To Expand New York City HQ
Empire State Development will support Rokt HQ expansion in New York City with $4.7M in Excelsior Jobs Program tax credits. Plus, Creation Technologies opens $22M manufacturing facility in Wayne County.
Meta Plans $800M Data Center Campus In Indiana
At River Ridge Commerce Center in Jeffersonville, IN, Meta will create 100 jobs at its new data center and Bintelli will invest $4M to expand its EV operations.
Saras Micro Devices Opens New HQ, Manufacturing Facility In Arizona
Saras’ new $50M facility in Chandler, AZ will support growth in high-performance computing, AI/machine learning, tap into region's expanding semiconductor ecosystem.
Michigan Strategic Fund Helps Three Companies Create Nearly 1,000 Jobs
In Detroit, Australia-based Fortescue will establish Advanced Manufacturing Center, Germany-based EcoG plans U.S. headquarters. Plus, Fifth Wheel Freight plans new flagship headquarters in the Great Lakes State.
Mobile County, AL To Gain Nearly $50M In Capital Investments
Eco Material Technologies and MYER Companies will bring nearly $50 million in new capital investments to Mobile County, Alabama.
Mars Plans $237M Nature’s Bakery Facility In Utah
The new cutting-edge facility, which will create more than 190 jobs in Salt Lake City, Utah, will be fully operational in July 2025.
Joint Venture Picks Mississippi For U.S. Battery Production, 2,000 Jobs
Accelera, Daimler Trucks, and PACCAR have selected Marshall County, MS as the future site of a planned advanced battery cell manufacturing joint venture.
Walther Manufacturing Expands Presence In Fort Smith, AR
Walther Manufacturing will expand its footprint in Fort Smith, Arkansas, creating 76 jobs over five years.
SelectUSA Has Helped Land $200B In FDI Since 2011
More than 200,000 jobs have been created as a result of foreign direct investment since the SelectUSA program's inception 13 years ago.
$3.1B Invested Along Norfolk Southern’s Rail Network Last Year
In 2023, Norfolk Southern helped 62 industrial development customers generate 4,156 new jobs along its rail network.
Business Facilities LiveXchange: You’re Invited!
If your company plans to expand or relocate within the next three years, you're invited to join us at our executive site selection conference – Business Facilities LiveXchange – March 17-19 in Richmond, Virginia.
Texas Named Business Facilities’ 2023 State Of The Year
The strength and diversity of its business climate lands the Lone Star State the top spot for this annual economic development recognition from Business Facilities magazine.
LG Launches $700M Strategic Initiative To Grow Tech Ventures In West Virginia
LG NOVA projects expected to bring 275 jobs to West Virginia; spur growth of new technologies, investments and economic development; establish Appalachian Region innovation corridor.
Cal-Maine Foods To Establish Processing Facility In Missouri
Cal-Maine Foods, a national producer and distributor of shell eggs, will establish a processing facility in Dexter, MO.