corporate expansion - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.


https://businessfacilities.com/2021/10/innovation-hubs-where-innovation-lives/
An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.

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.


Innovation Hubs: Where Innovation Lives

An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.

Cisco To Open Talent And Collaboration Center In Atlanta

Cisco's new $41 million Talent and Collaboration Center in Midtown Atlanta will lead to the creation of 700 jobs.

Steam Logistics To Create 400 Jobs With Tennessee Expansion

Third-party logistics company Steam Logistics will invest nearly $7 million to expand its operations in Chattanooga, TN. 

D6 Relocates Headquarters To Texas

Packaging manufacturer D6 Inc. will relocate from Portland, OR, creating 231 new jobs in its new home state of Texas.

Medline Invests $77.5M In New Kansas Distribution Center

Medline has outgrown its current facility; will create 100 jobs at new distribution center in Bonner Springs, KS.

Walmart Investing $450M In South Carolina Distribution Center

The new, high-tech grocery distribution center will create more than 400 new jobs in Spartanburg County, SC.

Bonumose To Invest More Than $27M To Expand In Virginia

Thanks to a new R&D partnership with Hershey, the rare sugar producer will expand in Albemarle County, VA, creating 64 new jobs. 

Upgrades To Be Made At Kentucky’s Southwest One Industrial Park

The Product Development Initiative project will include construction of 120,000-square-foot building pad-ready site at the Marshall County property.

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Northrop Grumman Opens Alabama Facility For Next-Gen Missile Work

Northrop Grumman is adding 500 more workers in Huntsville, AL as it expands its work on a next-generation ICBM project.

2021 Deal Of The Year Entries Now Being Accepted

Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 1, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.

Jacksonville Fosters Growth, Innovation For Medical Device Manufacturers

A deep workforce, a vibrant and innovative medical ecosystem and a multitude of tax and lifestyle benefits make Jacksonville the ideal home for medical device manufacturers.

Joint Venture To Bring Medical Glove Production, 2,500 Jobs To Virginia

Blue Star Manufacturing and American Glove Innovations will invest over $700 million to expand PPE production in Wythe County, VA.

Dow To Build World’s First Net-Zero Carbon Emissions Ethylene Complex

Fort Saskatchewan, Alberta site selected due to availability of carbon capture infrastructure, competitive feedstocks and attractive government partnerships.

Marki Microwave Triples Footprint With 60,000 SF Headquarters

Fueled by record sales growth and a strong 2022 outlook, the expansion coincides with Marki Microwave's 30th anniversary.

Finance & Insurance: Fintech’s Future Is Now

Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.

IMC Companies To Expand Tennessee Headquarters Operations

IMC Companies will create more than 150 jobs at its new 75,000-square-foot headquarters operations in Collierville, TN.

Nymbus Relocates Corporate Headquarters to Jacksonville

Fintech company Nymbus's new downtown Jacksonville, FL headquarters will connect it with surrounding partners.

Georgia: Gateway For Global Trade

The Port of Savannah’s Garden City container terminal, the nation’s largest single-terminal operation, is adding more ship-to-shore cranes.

First Solar Puts $680 Million PV Plant In NW Ohio

The new facility in Lake Township, OH will expand the company’s PV solar panel capacity by 3.3 gigawatts.

Fiserv To Invest More Than $105M In New Jersey Expansion

The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ

Job Development Grants Drive Investment In North Carolina

Incentives provided by North Carolina Economic Investment Committee lead to upwards of $150 million in investment in manufacturing, software industries.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

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