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.
Indiana-based Eli Lilly and Company will create more than 460 new jobs at its new manufacturing pharmaceutical facility in Durham, NC.
The software firm will invest $1.65 million to expand its corporate headquarters in Reston, VA.
The challenges that come with a major expansion include facility management issues associated with organizing larger spaces, plus additional workforce, equipment, and maintenance.
Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.
Over the next five years, the auto parts manufacturer will create 254 new jobs in Lewisburg, TN.
The new fulfillment center will be located in a more than 1-million-square-foot facility at The Cubes at Bridgeport in Newnan, GA.
Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.
The company's new, 250,000-square-foot distribution center in Jeffersonville, IN will support growth in the beverage industry.
The baked treat maker will create 108 jobs at its food manufacturing center in Tarboro, NC.
The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.
The asset management firm will create an additional 200 jobs when it moves into Nashville’s Fifth + Broadway development by the end of this year.
New opportunities, challenges arise for global cities as 693 million boomers reach retirement age and 1.3 billion Gen Z enter workforce, according to Cushman & Wakefield study.
CCI Manufacturing USA Corp. will invest $21.5 million to construct an advanced production facility and Progressive Pipe Fabricators has broken ground on a new 82,000-square-foot facility in Lawrence County.
The company will modernize and expand its manufacturing and technology operations in Chesterfield County, VA, creating 60 jobs.
Americans continue to move south, with Florida, Texas, California, Arizona and North Carolina as leading 2019 destinations, according to Allied Van Lines' annual Magnet States Report.
Editor in Chief Jack Rogers tells News Radio 1080 KRLD that Texas' 2019 State of the Year win is a fitting coda for its dominance in economic development.
The 1 million-square-foot facility in the City of Mississauga will have the capacity to build up to 100 aircraft a year and will support thousands of jobs.
Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion
Business Facilities has named Texas its 2019 State of the Year, making it the first state to win the magazine’s top honor four times.
The project will expand production capacity at the company’s Decatur, AL manufacturing facility and construct energy cogeneration units at the site.
The company will create 475 jobs at a new subsidiary at North Carolina’s Global TransPark to recycle aircraft parts and materials.
The tech company will expand its global headquarters into new space in the West Village, growing its New York City presence 20 percent by 2022.
The $53 million distribution center will create a total of more than 1,000 new direct, indirect jobs in St. Tammany Parish, LA.
With help from the Texas Enterprise Zone Program, the company will expand its food production operations in Garland, TX, creating 250 new jobs.
The grocery retailer’s new regional distribution operation in Hanover County, VA will create 700 new jobs.
The vehicle chassis manufacturer will invest more than $13.9 million and create 193 new jobs in Cherokee County, SC.
The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.
The retail giant will create 300 full-time jobs at its new distribution center at the Kanza Fire Commerce Park in Topeka, KS.
The drinking water dispenser company will invest $1.6 million and create up to 164 jobs in Grapevine, TX.
The $90 million precision-engineered mass timber production facility will create 130 jobs in Conway, AR.