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

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


https://businessfacilities.com/2015/11/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.

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.


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.

Saran Industries Growing in Howard County, IN

Saran Industries LLC, an industrial finishing manufacturer, will locate new manufacturing operations in Kokomo, IN, creating up to 60 new jobs by 2019.

Formosa Petrochemical Considers $9.4B Complex In Louisiana

With ethane crackers and downstream plants in two phases, Formosa Petrochemical Corp. would create up to 1,200 new direct jobs in St. James Parish, LA.

Johnson & Johnson To Create 500 Jobs in Tampa

Global healthcare company Johnson & Johnson will open a new North American shared services headquarters in Tampa, FL and create 500 jobs over the next three years.

Auto Supplier Kamtek To Create 350 Jobs, Invest $530M in Alabama Expansion

Auto supplier Kamtek will invest $530 million and create 350 jobs in an expansion of its Birmingham, AL operation that includes opening a new aluminum casting facility to meet automaker demands for lighter parts.

Ryder To Invest $16.5M, Create 606 Jobs In Spring Hill, TN

Ryder Supply Chain Solutions will expand its warehousing, transportation, kitting and assembly operations in Spring Hill, TN. The announcement represents an investment of $16.5 million and the creation of 606 new jobs.

YFS Automotive Systems Investing $26.9M, Creating 160 Jobs In Detroit

YFS Automotive Systems, Inc. will build its second U.S. manufacturing facility in Detroit, creating 160 new jobs and investing $26.9 million in a new facility to design, test, and manufacture automotive fuel system components.

Amedisys to Invest $2.5M, Create 120 Jobs in Davidson County, TN

Amedisys, a leading health care at home company, will invest $2.5 million and create approximately 120 new jobs in Nashville, TN.

Foreign Expansion Is Top Capital Investment For CEOs

Expansion outside their home countries is CEOs' number-one area to devote significant capital to over the next three years, according to KPMG International's latest CEO Outlook Study.

Investimus Foris To Invest $265M In Louisiana Ammonia Plant

Lithuania-based Investimus Foris will make a $265 million capital investment to convert an idle biofuels refinery in Grant Parish, LA into an ammonia manufacturing facility, creating 85 new direct jobs.

General Motors Invests $1.4 Billion for Arlington Plant Upgrades

In its largest single plant investment in the U.S. this year, General Motors has announced $1.4 billion for a range of improvements to its Arlington Assembly Plant to more competitively produce high-quality full-size SUVs.

Yanfeng Automotive Interiors to Invest $55 Million, Create 325 Jobs In Chattanooga

Yanfeng, the world’s largest automotive interiors supplier, will invest $55 million in the company’s fourth U.S. facility and create 325 new jobs in Chattanooga, TN.

Top Ten Issues Affecting Real Estate 2015-16

Demographic shifts – the impact of retiring Baby Boomers and the rise of the Millennial generation – will likely have the most significant impact on real estate near- and long-term, according to The Counselors of Real Estate’s official CRE® 2015-16 Top Ten Issues Affecting Real Estate.

Techo-Bloc To Invest $34M, Create 85 Jobs in Waterloo, IN

Techno-Bloc, a manufacturer of high-end paving stones and patio blocks, will locate its first Indiana facility in Waterloo, IN, creating up to 85 new jobs by 2018.

Tilson Expands Indiana HQ, Creating 245 New Jobs

Tilson will invest $1.55 million to renovate and expand its current headquarters in Greenwood, IN, creating up to 245 new jobs by 2020.

Qore Systems, LLC To Invest $12.8M In First Virginia Operation

Qore Systems, LLC will invest $12.8 million to relocate from Arizona and establish its first Virginia operation in Highlands Business Park, creating 140 new jobs.

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