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

The commercial truck and bus maker will invest more than $250 million to build a new manufacturing facility in San Antonio, bringing 600 jobs to the area.


https://businessfacilities.com/2019/09/navistar-to-build-benchmark-manufacturing-facility-in-texas/
The commercial truck and bus maker will invest more than $250 million to build a new manufacturing facility in San Antonio, bringing 600 jobs to the area.

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.


Navistar To Build Benchmark Manufacturing Facility In Texas

The commercial truck and bus maker will invest more than $250 million to build a new manufacturing facility in San Antonio, bringing 600 jobs to the area.

High Purity Systems Investing $8.5M In Virginia Expansion

The mechanical piping systems company will expand its manufacturing operations, creating 105 new jobs in the City of Manassas.

Toyota Investing $391M In Texas Assembly Plant

The auto company’s new investment in its San Antonio assembly plant will bring its total investment in Toyota Texas to more than $3 billion.

VF Corporation Investing $7.5M In Tennessee Expansion

The company will expand in Lauderdale County and locate a new facility in Tipton County, bringing more than 220 jobs to West Tennessee over the next three years.

Daikin Investing $195M In Alabama

The company chose to expand and create 20 new jobs at its Decatur, AL fluorochemical plant over locations in Japan and China.

GE Appliances Investing $60M In South Carolina

The appliance manufacturer will begin water heater manufacturing at its Kershaw County, SC operations at a new Manufacturing Center of Excellence.

Lockheed Martin Begins $142M Expansion In Arkansas

The company has broken ground for its Long Range Fires Production Facility, the first of many expansions at the company's site in Camden that will create 326 jobs.

Public Power Fuels Growth In North Carolina

ElectriCities’ nonprofit membership organization provides economic development support to 70 communities throughout North Carolina.

Podcast: A Conversation With Stephen Moret

Artificial intelligence won’t be making site selection decisions any time soon, according to Virginia Economic Development Partnership President/CEO Stephen Moret.

Messer To Build New Air Separation Plant In Indiana

To meet growing demand from Midwest manufacturing and healthcare industries, the industrial gas company will invest $38 million in a new, large-scale air separation unit in Indianapolis.

Learning From The Top In Louisiana

A statewide program is building on the success of Louisiana Economic Development’s CEO Roundtables to provide peer learning for emerging businesses.

That’s How We Roll Expanding To Pennsylvania

The baked dessert snacks manufacturer has outgrown its New Jersey facility and will create 50 new jobs as it expands its operations to Springettsbury Township, PA.

Hoosier Energy: Power To The People

Since 1989, partnerships with local communities and Hoosier Energy’s 18 member systems have resulted in more than $11.5 billion in new investments creating 50,000 new jobs.

Pfizer Investing Additional $500M In North Carolina

The pharmaceutical company will add 300 jobs at its newly completed gene therapy manufacturing plant in Sanford, NC.

New England: A Rising Tide Of Jobs, Wages

All six New England States experienced gains in wages and salaries in 2018, with the income surge averaging more than four percent in 2Q 2018.

Uber To Create 3,000 Jobs In Texas

The transportation and delivery company will invest more than $75 million in its new U.S. General and Administrative Hub in Dallas, TX.

Henkel And ALPLA Partner For $130M Investment In Kentucky

The partnership's expansion project will enhance laundry detergent production in Bowling Green, KY and is expected to create up to 60 full-time jobs.

Hoosier Logistics Doubling Indiana Workforce In Multi-City Expansion

The logistics and supply chain management provider will invest more than $5.65 million to grow its operations and buy new equipment over the next five years.

Surface Dynamics Investing Nearly $10M In Tennessee Expansion

The company, which provides additive manufacturing technologies for biomedical manufacturers, will create 110 jobs over the next five years with the expansion of its Bartlett, TN operations.

Adornus Cabinetry Launching Operations In South Carolina

The cabinet and vanity manufacturer will invest more than $10 million in its Lancaster County, SC manufacturing facility and corporate headquarters, creating 210 jobs.

Xerox To Create 600 Jobs In North Carolina

The technology company will invest $18.4 million at a new Center of Excellence in Cary, Wake County.

Arglass Yamamura Chooses Georgia For First U.S. Glass Plant

The glass container manufacturing company will invest $123 million and create more than 150 new jobs at its new Valdosta, GA plant.

TAZ Trucking Investing $7.3M In Kentucky Expansion

Just six weeks after the company cut the ribbon on its new Bowling Green facility, TAZ Trucking announced it will add up to 57 new jobs at the location.

Greenbrier Investing $16M In Arkansas Expansion

The Oregon-based freight railcar and marine barge manufacturer will create at least 35 jobs at its Marmaduke, AR facility.

ATN Hoelzel Investing $6M In Tennessee Expansion, Relocation

The automotive supplier will create 100 new jobs in Chattanooga at a new facility that will function as its North American headquarters.

$7.5B Digital Infrastructure City To Be Built In Las Vegas

The first-of-its-kind mixed-use project will feature automated multi-functional designs, renewable energies, autonomous vehicles, artificial intelligence, augmented reality, Internet of Things, robotics, supertrees, and self-healing concrete structures. 

FedEx Investing Another $450M In Memphis Hub

Total investment in the new sort facility, installation of state-of-the-art systems and construction of a new bulk truckload building will now exceed $1.5 billion over six years. 

Auto Truck Group Expanding Indiana Operations

The work truck upfitter will invest more than $6 million in a new, 72,000-square-foot facility in Allen County, and create up to 50 new jobs.

Business Facilities’ 2019 Metro Rankings Report

Business Facilities' 2019 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including job growth, economic growth potential, tech opportunities and more.

Henkel Investing $45M In North Carolina Operations

With help from economic development investment grants, the adhesives and consumer goods maker will invest in new equipment and improvements at its Salisbury, NC facility.

ABB Selects North Carolina Facility For $40M Expansion

The global industrial company will create more than 400 jobs at its current facility in Mebane, NC.

Cree Investing $1 Billion In North Carolina

The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”

Motus Integrated Technologies Creating 90 New Jobs In Alabama

The interior automotive parts supplier will invest over $15 million and create 90 new jobs at its new manufacturing facility in Gadsden, AL.

TOC Logistics International Creating 87 Jobs In Indiana

The global supply chain logistics company is investing more than $1.8 million to expand its Indianapolis headquarters.

Love’s Investing $8.8M In New Tennessee Facility

The 200,000-square-foot tire retread and distribution facility in Milan will be largest of its kind for Love’s, and will create up to 80 jobs.

Arkansas: Job Creation Is Blossoming In The Natural State

April was a banner month for economic development in Arkansas, with a haul of more than $200 million in investment and more than 900 new jobs.

Gerhardi Opens First U.S. Plant In Alabama

The German auto supplier invested $41.6 million and will employ up to 235 employees at the Montgomery, AL manufacturing facility. 

Google Investing $600M In Nevada’s Internet Infrastructure

Google.org Impact Challenge will award $1M to Nevada nonprofits with bold ideas to create economic opportunity 

Snapshots: 60 Seconds With James Chavez, South Carolina Power Team

James Chavez, President and Chief Executive Officer, South Carolina Power Team, discusses recent economic development successes, the Site Readiness Fund, workforce development and foreign investment.

Lightning Source Investing $22M In Tennessee Manufacturing Facility

The new print-on-demand operation will be the company’s fifth U.S. facility and will create nearly 150 jobs in Jackson, TN.

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Georgia Ports Authority To Double Port of Savannah Capacity

To keep up with growing container trade, the GPA plans to double Garden City Terminal’s annual capacity from 5.5 million to 11 million TEUS. Improvements will include a new container port on Hutchinson Island, expansion of GPA’s ship-to-shore crane fleet and berth improvements.