Capital Investment
Perdue AgriBusiness Chooses Virginia For $59M Expansion
Perdue AgriBusiness will invest more than $59 million to modernize facilities and increase production in Chesapeake, VA.
Canada Lands Its First Large Scale Lithium-Ion Battery Production Plant
In a joint venture, Stellantis and LG Energy Solution will invest $4.1B in Canada's first large scale, domestic, electric vehicle battery manufacturing facility in Windsor, Ontario.
LG Energy Solution Will Invest $1.7B In Michigan Expansion
LGES will expand its Holland, MI plant to produce components for electric vehicle batteries, resulting in the creation of 1,200 new jobs.
The Last Word With Mark Williams, Strategic Development Group
Even in the age of COVID-19, the process of selecting the right site for a business remains a crucial part of business activities across the country.
Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award
Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.
Ubisoft Winnipeg Continues To Expand, Add Jobs
Interactive entertainment and services company Ubisoft Winnipeg will continue to expand in Canada, creating 200 more jobs in Manitoba, growing its local workforce to 300 employees by 2030.
Mercedes-Benz, Niagara Bottling Growing Jobs, Investment In Alabama
Mercedes-Benz celebrates the opening of its new Woodstock, AL EV battery factory, while Niagara Bottling plans a new $112 million investment in Opelika.
South Carolina Lands More Than $47M In Foreign Direct Investment
In Oconee County, CurTec will invest $13M in its first U.S. manufacturing plant. In Lancaster County, U.S. Strapping Company will invest $34.6M and create 63 jobs.
ATC Drivetrain Picks Tennessee For New Manufacturing Operation
The OES remanufacturer of drivetrain and powertrain systems will invest $8.3 million to locate new facility, create 218 jobs in Knoxville, TN.
Business Report: Louisiana Fights Back
As Covid hopefully recedes, Pelican State leaders are hopeful that 2022 will be a good year for Louisiana economic development.
The Eyes Of Texas
Texas remains at the front of the pack in terms of economic development. And, interest in the Lone Star State from companies that need to relocate or expand might just be starting to heat up even more.
Thermo Fisher Scientific Will Create Over 500 New Jobs In Virginia
The company will invest $97 million to expand its clinical research laboratories into three new locations in Henrico County and the City of Richmond.
PepsiCo Will Invest $260M In Georgia Expansion
PepsiCo Beverages North America's expansion of its City of Tucker, GA manufacturing facility will create at least 136 jobs in DeKalb County.
Kansas: Smack In The Middle
Kansas, the Sunflower State wants to use a number of assets, including geographic location, to entice more companies to try it out.
Electric Vehicle Industry Getting Charged Up In Canada
GM and POSCO Chemical building $400M cathode active material (CAM) plant to support electric vehicle supply chain; Canadian leaders support installation of EV chargers in Ontario.
Staying Focused
Bad economic and geo-political news can slow down economic development. But, this pause might not be for long.
Greenhouse Facilities, Real Estate Firms Expand In Alabama
Bonnie Plants unveiled its expanded greenhouse facilities in Bullock County; Real estate firms plan $1 million Alabama headquarters.
Florida Is Shining Bright
Changing lifestyle choices are helping Florida gain an edge against other states in the battle for awareness among corporation executives.
Procter & Gamble To Invest $110M In North Carolina Expansion
An expansion of Procter & Gamble's consumer products manufacturing facility in Greensboro, NC will create 46 new jobs.
Emerson Expands In Round Rock, CyberLandr Moves To Austin
Emerson will invest $9 million, create at least 50 new jobs; CyberLandr’s new R&D facility will support prototype development of RV/camper designed for Tesla's Cybertruck.