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

Faraday Future will establish its first assembly plant for electric vehicles in the City of North Las Vegas, NV. Plans entail more than $1 billion in investment and 4,500 new jobs.


https://businessfacilities.com/2015/12/north-las-vegas-lands-1b-electric-vehicle-assembly-plant/
Faraday Future will establish its first assembly plant for electric vehicles in the City of North Las Vegas, NV. Plans entail more than $1 billion in investment and 4,500 new jobs.

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.


North Las Vegas Lands $1B Electric Vehicle Assembly Plant

Faraday Future will establish its first assembly plant for electric vehicles in the City of North Las Vegas, NV. Plans entail more than $1 billion in investment and 4,500 new jobs.

Linetec Adds Third Anodize Line In Wisconsin

Linetec recently invested $15 million in a third anodize line at its facility in Wausau, WI, creating 90 jobs.

Lifetime Products Creating 500 Jobs In Knox County, TN

Blow-molded plastic products manufacturer Lifetime Products, Inc. will invest $115 million in a new manufacturing and distribution operations in Knox County, creating 500 jobs.

Daimler Trucks To Invest $375M to Bring New Engine Line to Detroit

Daimler Trucks will invest $375 million to enable production of its new DD5 and DD8 medium duty engines at Detroit™ brand headquarters and manufacturing facility in Redford, MI.

State Focus – New Jersey: Garden of Opportunity

The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.

Ford To Add 2,000 Jobs, Invest $1.3B in Louisville’s Kentucky Truck Plant

Ford Motor Co. will create 2,000 jobs and invest $1.3 billion at its Kentucky Truck Plant (KTP) in Louisville to produce all-new 2017 F-Series Super Duty trucks.

Mary Kay Chooses Lewisville, TX For New Global Manufacturing, R&D Operations

Beauty company Mary Kay Inc. has selected the city of Lewisville, TX as the site of the company's new $100 million global manufacturing and R&D operations.

Shell Chemical To Invest $717M In Louisiana Olefins Expansion

Shell Chemical LP will invest $717 million in a new linear alpha olefins manufacturing unit at the company’s Ascension Parish, LA complex.

Milhaus Adding 250 Jobs in Growing Downtown Indy Neighborhood

Milhaus, a mixed-use development company, will expand its operations in Indianapolis, creating up to 250 new jobs by 2020.

AAIPharma/CML Expands North Carolina Lab Operations And Facility HQ

AAIPharma Services Corp./Cambridge Major Laboratories (AAIPharma/CML) is investing at least $15.8 million to expand its laboratory operation and global headquarters in Wilmington, NC, creating at least 37 new jobs by 2018.

General Cable Industries Relocating Operations To Lawrenceburg, KY

General Cable Industries Inc. will create more than 54 positions and invest more than $2.5 million in a consolidation and relocation project in Lawrenceburg, KY.

Business Report – North Carolina: Growing Innovation Throughout The Tarheel State

North Carolina doubles down on growth plans for technology and innovation, with new funding and a new university-led program, InnovateNC.

NTN Driveshaft Adding 500+ Jobs in Indiana

NTN Driveshaft Inc. and its Japan-based parent company NTN Corporation will grow their Indiana operations, establishing a new manufacturing plant in Anderson, IN that is expected to ultimately create up to 510 new jobs.

Microsoft Expanding In Mecklenburg County, VA For Fourth Time

Microsoft Corp. will invest $402.4 million to expand its data center site in Mecklenburg County, VA, creating 42 new jobs.

McKesson Building New Distribution Center in Orange County, NY

McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.

LEDIC Realty Company To Locate New National HQ In Memphis

LEDIC Realty Company will invest $10.2 million in a new state-of-the-art national headquarters in Memphis, TN, creating 300 jobs.

LG Electronics Opens Expanded Headquarters In Georgia

LG Electronics USA recently celebrated the opening of its new LG Air Conditioning Systems Headquarters outside of Atlanta, GA.

China-Based Sinomax Group Creating 350 Jobs In Tennessee

The largest jobs commitment from a Chinese-owned company in Tennessee’s history will come from Sinomax Group's new manufacturing operations in La Vergne.

JTEKT North America Expanding Upstate SC Operations

JTEKT North America is investing $1.75 million to establish North American headquarters at Clemson University's International Center for Automotive Research (CU-ICAR) in Greenville County, SC.

GE To Add 120 Jobs, Invest $7.4M In Iowa Manufacturing Facility

GE’s Industrial Solutions business will invest $7.4 million in its West Burlington, IA manufacturing facility and create 120 new jobs.

Business Report: Tennessee – DENSO Manufacturing Expanding in Maryville, TN

Automotive components and systems producer DENSO Manufacturing Tennessee, Blount County’s largest employer, is investing $400 million in an expansion creating 500 new jobs.

Bell Inc. To Invest $30M In Ohio Carton Manufacturing Facility

Bell Inc. will open its first eastern-U.S. facility in Central Ohio and create 275 new jobs, generating $9.2 million in new annual payroll. The Sioux Falls, SD-based company will invest $30 million in a 165,000-square-foot paperboard carton manufacturing facility in the Columbus area.

Wonderful Group To Invest $150M, Create 220 New Jobs In Lebanon, TN

Tile and ceramics company Wonderful Group will invest $150 million and create 220 new jobs in Lebanon, TN, the largest-ever capital investment made in the state by a Chinese company.

Eli Lilly and Company To Expand Indianapolis R&D Headquarters

Eli Lilly and Company will expand its global R&D headquarters in Indianapolis, IN, adding 130,000 square feet to the company's existing complex.

Orgill, Inc. To Build New $15M HQ In Shelby County, TN

Orgill, Inc. will invest $15 million to build a new 100,000-square-foot world headquarters facility in east Shelby County, TN, creating 115 new jobs.

GE Aviation Investing $200M In Pair of Alabama Plants 

Ohio-based GE Aviation will invest $200 million to build a pair of plants in Huntsville that will produce silicon carbide materials used to make ultra-lightweight ceramic matrix composite components for jet engines.

SaarGummi Tennessee, Inc. To Expand Giles County Operations

SaarGummi Tennessee, Inc. will expand its manufacturing operations in Pulaski, TN by purchasing additional finishing equipment, improving existing infrastructure and creating more than 150 new jobs over the next five years.

Figeac-Aéro Building North American HQ in Wichita

Figeac-Aéro will invest more than $20 million to expand its Wichita, KS manufacturing facility and build a new 68,000-square-foot building. The company plans to create 200 jobs during the next five years.

Talent, Technology Emerging Keys To Manufacturing Investment

Nations with a strong talent pipeline and access to technology, education will see increased manufacturing investment, says a new report from Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI).

Auto Supplier Yorozu To Build $100M Plant, Create 300 Jobs In Alabama

Yokohama, Japan-based Yorozu Corp., a global Tier 1 automotive supplier, plans to invest more than $100 million to build an advanced metal stamping facility in Jasper, Alabama, creating 300 jobs.

Calabrian Corp. Building Liquid Sulfur Dioxide Production Facility In Eastern Canada

Calabrian Corporation, a leading producer of liquid Sulfur Dioxide in North America, is building a new liquid Sulfur Dioxide production facility in the City of Timmins, Ontario.

Facebook Expands Data Center Operations in Forest City, NC

Facebook will expand its Forest City, NC data center operations, investing more than $200 million to build a new 480,000-square-foot data center facility on its existing campus.

Infographic: Small, Mid-sized Businesses Plan To Hire, Invest Despite Economic Concerns

CEOs remain optimistic about their businesses’ growth, despite greater concerns about the challenging economy, according to the latest Vistage "CEO Confidence Index Survey."

Alcoa Expands R&D Center Near Pittsburgh

Alcoa is expanding its Pennsylvania R&D center to capture growing demand for complex, high-performance parts for aerospace and beyond.

Rolls-Royce Investing Nearly $600M In Indiana

Rolls-Royce plans to invest nearly $600 million in its operations and research in Indianapolis over the next five years.

Eagle Bend Manufacturing To Expand In Tennessee

Eagle Bend Manufacturing will expand its current operations in Clinton, TN, investing $54.9 million and creating 127 new jobs.

Business Owners Expect To Profit In 2015: Will Increase Hiring, Invest In Operations

Small and mid-sized business owners nationwide expect to increase hiring and wages for their employees over the next six months, according to the latest PNC Economic Outlook Survey findings.

Lyft To Invest $5.1M In New Nashville Operations

Rideshare service Lyft will locate its customer experience operations in Tennessee, investing $5.1 million and creating 380 new jobs in Nashville.

Indorama Ventures To Invest $175M In Ethane Cracker Project Near Lake Charles, LA

Indorama Ventures will invest $175 million to renovate and restart a dormant ethane cracker west of Lake Charles, LA.

Six Projects Approved For Grow NJ Tax Credits

Six projects approved for Grow NJ tax credits are associated with the creation of over 645 new jobs, the retention of more than 550 jobs at risk of leaving the state, and private investment of more than $313 million.

Stay Connected

601FansLike
40,000FollowersFollow
3,221FollowersFollow
41SubscribersSubscribe

Featured Location Spotlight

Location Spotlight: Hoosier Energy

The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.

Featured Location Videos

The North Eastern Strategic Alliance | Put Success In Your Corner

Companies located in South Carolina’s Business Corner enjoy quick, easy access to both domestic and international markets, a plentiful and qualified workforce and it’s in a place where the cost of living and doing business are well below the national average. Learn more at www.nesasc.org.