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.
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.
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 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.
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.
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 LP will invest $717 million in a new linear alpha olefins manufacturing unit at the company’s Ascension Parish, LA complex.
Milhaus, a mixed-use development company, will expand its operations in Indianapolis, creating up to 250 new jobs by 2020.
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 Inc. will create more than 54 positions and invest more than $2.5 million in a consolidation and relocation project in Lawrenceburg, KY.
North Carolina doubles down on growth plans for technology and innovation, with new funding and a new university-led program, InnovateNC.
Microsoft Corp. will invest $402.4 million to expand its data center site in Mecklenburg County, VA, creating 42 new jobs.
McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.
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 USA recently celebrated the opening of its new LG Air Conditioning Systems Headquarters outside of Atlanta, GA.
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 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’s Industrial Solutions business will invest $7.4 million in its West Burlington, IA manufacturing facility and create 120 new jobs.
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. 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.
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 will expand its global R&D headquarters in Indianapolis, IN, adding 130,000 square feet to the company's existing complex.
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.
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. 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.
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).
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 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 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.
CEOs remain optimistic about their businesses’ growth, despite greater concerns about the challenging economy, according to the latest Vistage "CEO Confidence Index Survey."
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.
Indorama Ventures will invest $175 million to renovate and restart a dormant ethane cracker west of Lake Charles, LA.