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