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

Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.


https://businessfacilities.com/2019/05/swiss-agtech-company-picks-indiana-first-us-production/
Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.

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.


Swiss AgTech Company Picks Indiana For First U.S. Production

Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.

Georgia-Pacific Investing $120M In Alabama Expansion

The company’s Naheola, AL mill will be the location for a new tissue machine and roll storage building to support the company's consumer bath tissue business.

Backed By Big Electric Vehicle Investments, The Future Of Tennessee’s Auto Industry Is Here

Tennessee has been the nerve center of the South’s auto sector for nearly four decades, and is shaping up to be a hub for electric vehicle investments.

Netflix Expanding With New Production Hub In New York City

An expanded office space in Manhattan and six sound stages in Brooklyn will create up to $100 million in investments and thousands of jobs within five years.

Horton Holding Creating 125 Jobs In South Carolina

The manufacturer is establishing a new 100,000-square-foot facility in Oconee County, SC.

Chewy Chooses North Carolina For $55M Fulfillment Center

The online pet supply retailer will create 1,200 jobs at its new e-commerce fulfillment center in Rowan County, NC.

The World’s Best Are Making Their Move — To New Brunswick

The Canadian province offers an exceptionally low cost of doing business and all of the essentials required by the world’s most successful companies to reach a global market.

Two Business Expansions Bring 125 New Jobs To Michigan

Electrical services firm Feyen Zylstra is adding second location in Walker, while German auto supplier MAHLE is expanding in St. Johns.

The Muffin Mam Investing $18.8M In New South Carolina Operations

The baked goods manufacturer will launch new production operations in Laurens County, SC, creating 114 new jobs. 

Louisiana’s Agribusiness Sector Expands

From sustainable row crops such as sugarcane and soybeans, to world-class fisheries, livestock production and vast forestlands, Louisiana is advancing itsr agribusiness industry through value-added projects.

Toyota Boshoku America Creating 400 Jobs In Alabama

The automotive supplier will invest more than $50 million to build a new manufacturing facility in the Breeding North Industrial Park in Athens, AL. 

Zotec Adding 300 Jobs At Indiana Headquarters

The company has broken ground on a new $47 million national headquarters facility that will nearly triple its footprint in Carmel, IN.

Perdue Farms Creating 100 Jobs In South Carolina

The food and agriculture company has invested $25 million in an expansion of its Dillon, SC harvest operations.

Northrop Grumman Expansion Creating 500 New Jobs In West Virginia

The company will also retain more than 1,100 jobs as it increases the capacity of its Allegany Ballistics Laboratory at Rocket Center, WV.

St. James Parish Gets $2.2-Billion Methanol Complex

Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.

Multimatic Investing More Than $22M In Indiana Expansion

The Canada-based automotive engineering and manufacturing company will create up to 75 jobs in an expansion of its Allen County, IN operations.

iTG Investing $5.1M In Virginia Headquarters Relocation, Expansion

The information technology and management consulting firm will create more than 128 jobs at its new headquarters in Arlington County, VA.

California Dreamin’

A network of leaders came together at the California Economic Summit to help make sure that opportunity and a sustainable environment are watchwords for growth in the Golden State.

Sports Turns Spotlight Onto Nevada City

Henderson’s Culture of Opportunity makes business expansion easy with agile and accessible government, favorable tax and incentives all paired with a surprising quality of life.

Greenwood Fabricating And Plating Expanding In South Carolina

The full-service fabrication, machining, assembly and electroplating job shop’s $17.1 million investment is projected to create an additional 31 new jobs in Greenwood County, SC.

G.D USA Investing $3.73M In Virginia Manufacturing Facility

The Italy-based industrial and packaging solutions company will invest in increasing capacity and enhancing technology at its Chesterfield County, VA operations.

Millicom Invests In Data Centers Across Latin America

By the end of 2019, Millicom will have built and deployed six state-of-the-art Tier III data centers, expanding its reach from Colombia, Paraguay, and Bolivia to include Nicaragua, El Salvador, and Honduras.

Amazon Expanding Austin Tech Hub, Creating 800 New Jobs

Amazon has created more than 22,000 jobs in Texas and invested over $7 billion in the state since 2011, including infrastructure and compensation.

Nor-Tech Hi-Performance Boats Opens New HQ In Cape Coral

A skilled, available workforce, city incentives, and ample space for its facilities brought the boat builder's $2 million expansion to Cape Coral, FL.

Rosendin Electric Bringing 84 Jobs To Pflugerville, TX

The electrical contract company is investing $3 million to relocate its facilities in Texas and California to a 50,000-square-foot facility.

GM Investing $300M In Michigan Plant For New Chevrolet EV

The project will add 400 jobs at the Orion Township assembly plant; GM will also invest $1.8 billion in its U.S. manufacturing operations across six states, adding 700 new jobs

Arrive Logistics Investing $3.6M In Tennessee Expansion

A location in the center of Freight Alley was a top priority for the logistics company, which will create 500 news jobs at its expanded Chattanooga operations.

SmileDirectClub Investing $217M To Expand Middle Tennessee HQ

The company will expand its Nashville area operations for the second time in two years, creating 2,010 new jobs in the process.

Brexit Brings 70 Companies To Ireland

Since the UK’s EU referendum in June 2016, individual investments related to Brexit have brought more than 5,000 jobs to Ireland, according to IDA Ireland.

Toyota Ramps Up U.S. Investment

By 2021, Toyota will now invest nearly $13 billion in its U.S. operations with plans to add nearly 600 new jobs at American manufacturing plants

STULZ Air Technology Systems Creating 250 Jobs In Tennessee

The global manufacturer will invest $2 million to establish a new manufacturing plant in Dayton, TN. 

Virginia Economic Development Partnership Receives 2018 State Of The Year Award

Virginia Economic Development Partnership President and CEO Stephen Moret was presented with Business Facilities’ 2018 State of the Year Award today by BF Chief Business Officer Ted Coene.

ExxonMobil Investing $469M In Louisiana

The addition of a polypropylene manufacturing unit to the company's greater Baton Rouge petrochemical complex will create 65 new jobs. 

ZKTeco Investing $5M In Georgia

The RFID and biometric technology security solutions manufacturer will create 40 jobs as it relocates and expands its U.S. headquarters to Alpharetta.

Workhuman Adding 150 New Jobs At Dublin HQ

The Irish technology firm is growing its workforce as part of a $4.5 million expansion of its headquarters. 

JNJ Express Creating 610 New Jobs In Tennessee

The transportation company will invest $83.6 million to establish a new corporate headquarters and operations campus in Southeast Memphis.

FCA To Create Nearly 6,500 Jobs With Michigan Expansion

Fiat Chrysler Automobiles will invest $4.5 billion to build a new assembly plant in Detroit and add production at five existing Michigan facilities

Boehringer Ingelheim Investing $120M In Georgia

The Germany-based animal health company will create 225 jobs in Gwinnett, Clarke, and Hall counties. 

Togo North America Investing $11.4M In Tennessee

The Japan-based auto supplier will create 58 new jobs with a new production facility in Portland, TN. 

KF Aerospace Investing $23M In Ontario Expansion

The expanded aircraft maintenance, repair and overhaul facility at John C. Munro Hamilton International Airport (YHM) will create more than 275 new jobs. 

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