corporate expansion
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. corporate expansion articles below.
Pete’s Opening First Eastern U.S. Indoor Farming Facility In Georgia
California-based greenhouse grower Pete's will invest $18 million and create 15 jobs in Peach County, GA.
GM, LG Energy Solution Investing $2.3B In New Tennessee Plant
The joint venture, Ultium Cells LLC, will build a manufacturing plant in Spring Hill, TN and create 1,300 new jobs.
Abzena To Create 325 Jobs In North Carolina
Life sciences contract development and manufacturing organization (CDMO) Abzena will invest $213 million to establish a new manufacturing operation in Sanford, NC.
LG Electronics Investing Additional $20.5M In Tennessee
Home appliance manufacturer LG Electronics will add another shift, creating 334 jobs and bringing total employment at its Clarksville, TN operations to about 1,000.
March / April 2021 Issue (Volume 54, Number 2)
Business Facilities' March / April 2021 Issue features a look at the Global Supply Chain and our annual tour of top logistics hubs. Plus, a report from Michigan Governor Gretchen Whitmer.
Carter Wind Turbines Creating 300 Jobs In Oklahoma
Carter Wind Energy will invest $10 million to establish its new wind energy company in Lawton Fort-Sill, OK.
STS Group AG To Establish First U.S. Location In Virginia
German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.
Life Sciences Hubs: Good Genes, GREAT Growth
Billions in private equity and public funding are flowing into the life sciences sector, which is front and center in the battle against the pandemic.
Carvana Plans New Facility In Trenton, OH
Online auto retailer Carvana will invest more than $24 million to establish a new service and distribution facility in the Cincinnati region.
Utah: Good To Great
Box Elder County, Utah is consistently learning and growing, with more and more to offer the business community.
Making It Happen In Joplin, Missouri
Entrepreneurs are flocking to the Joplin region, where they can leverage a low cost of living, world-class transportation infrastructure and a regional workforce.
Lineage Logistics Investing $42M In Port Of New Orleans Expansion
The expansion of Lineage Logistics' Port of New Orleans cold-storage facility will create 50 new jobs and support the state's $1.6 billion poultry industry.
Arkansas: Headquarters Of Home-Grown Giants
Every Fortune 500 company headquartered in Arkansas began as a small, family-owned business.
Three Tech Companies Choose San Antonio For HQs, Expansion
Skipcart, Matthews International and SafeRide Health will create a total of more than 250 new jobs in the region.
Cypress Cold Storage Completes Expansion In Arkansas
The temperature-controlled warehouse space provider invested more than $13 million in the expansion, which created 30 jobs in Maumelle, AR.
BRS Offroad Establishing HQ, Manufacturing Facility In Tennessee
The offroad and luxury camper manufacturer will invest nearly $2 million and create 115 jobs in Hohenwald, TN.
Link Mfg. Building High-Tech Manufacturing, Training Facility In Iowa
Link's 50,000-square-foot expansion project sets the stage for continued growth in Sioux Center, IA and will help the company accommodate a new, broader product line.
Hewlett Packard Enterprise Creating 150 High Tech Jobs In Ireland
Building on its long term commitment to the country, new jobs will be in the fields of R&D, cyber security, software development and cloud consulting.
Edmonton, Alberta: On The Short List For Global Players
The Edmonton Metro region is an innovative hub of emerging growth sectors with a diverse and talented population creating opportunities for investment right now.
North Carolina: One-Stop Shop For Food Industry
When it comes to the entire food chain—from agriculture to agribusiness to food and beverage manufacturing—North Carolina is second to none.
Danimer Scientific Investing $700M In Georgia Expansion
The biodegradable materials manufacturer will create 400 jobs with an expansion of its Bainbridge, GA operations.
Robinhood To Create Nearly 400 Jobs In North Carolina
California-based financial services firm Robinhood will invest $11.7 million in a new customer experience and account operations center in Charlotte, NC.
Rusal America Joins Neighborhood 91 Additive Manufacturing Campus
Rusal America has joined Neighborhood 91, a development focused on additive manufacturing at Pittsburgh International Airport’s Innovation Campus.
Kansas: Setting A Bountiful Table In The Heartland
As the nation’s top wheat producer, Kansas has long been an agribiz leader. The Sunflower State also is in the top tier for food manufacturing.
Munters Group AB Investing $36M In Virginia
Energy efficient air treatment and climate solutions manufacturer Munters Group AB will build a state-of-the-art facility in Botetourt Center to replace its Buena Vista, VA plant.
Mullen Technologies Picks Memphis For EV Manufacturing
California-based electric vehicle (EV) maker Mullen Technologies Inc. has selected Memphis, TN for its U.S. manufacturing hub.
Intel Investing $20B In Arizona Semiconductor Manufacturing Expansion
The Intel expansion project — the largest private investment in state history — includes the construction of two new semiconductor fabrication facilities and will create 3,000 high-tech, high-wage jobs.
$2.5B Development Plan Launched At Philadelphia Navy Yard
Upon completion of the $400M phase one, PIDC and Ensemble/Mosaic will have created one million square feet of life sciences space.
Newacme Investing $1.5M In Delaware Warehouse, Distribution Center
West Coast consumer goods distributor Newacme LLC is expanding its operations to New Castle, DE and adding 34 new jobs.
ElectraMeccanica Picks Arizona For U.S. Operations Base
The electric vehicle designer and manufacturer will establish its U.S.-based assembly facility and engineering technical center in Mesa, AZ.
Coca-Cola Bottling Investing $48M In Alabama Expansion
Coca-Cola Bottling Co. UNITED will expand its existing Mobile, AL warehousing operations by 120,000 square feet.
Royal Canin To Invest $200M In Tennessee Expansion
Science-based pet health nutrition company Royal Canin will create more than 90 new jobs in Lebanon, TN as it expands its cat and dog food product lines.
Tyson Foods Reestablishing Operations In South Carolina
Tyson will invest $55 million to transform its former operations into a meat portioning and packing facility, creating 330 jobs in Richland County, SC.
Louisiana: Shintech Invests $1.3 Billion In Plastics Expansion
Shintech, the world’s top producer of polyvinyl chloride resins, will grow manufacturing and packaging facilities at its Iberville/West Baton Rouge complex.
Arrival Building Second U.S. Microfactory In North Carolina
Electric vehicle (EV) maker Arrival will invest $41.2M in a new microfactory in Charlotte, NC, bringing more than 250 new jobs to the region.
Alliance RV Plans 650 New Jobs In Indiana
Luxury RV manufacturer Alliance RV will invest more than $33 million to grow its state-of-the-art manufacturing campus in Elkhart, IN.
CoStar Group Expanding In Virginia
Commercial real estate information provider CoStar Group will employ more than 200 staffers at its new space in Richmond, VA.
NTT DATA To Establish Digital Innovation Center In Tennessee
NTT DATA’s new Nashville location will create 350 jobs, and be an innovation center focused on attracting, developing and retaining top talent.
Data Centers: Growing By The Gig
As more companies put their business activities on the cloud, data centers with the potential for scalability and proximity to cloud “on ramps” are better poised to compete, according to CBRE’s latest report.
MDC Precision Bringing 90 Jobs, FERA Relocating To Texas
MDC Precision will invest $4.45 million in new operations in Pflugerville; FERA Diagnostics and Biologicals will move from New York to College Station, TX.
