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

K-FLEX will invest $45M to nearly double the size of its Franklin County manufacturing operations, creating 100 new jobs.


https://businessfacilities.com/2016/11/north-carolina-insulation-maker-creating-100-jobs/
K-FLEX will invest $45M to nearly double the size of its Franklin County manufacturing operations, creating 100 new jobs.

Economic Development

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Economic Development articles below.


Insulation Maker Creating 100 Jobs In North Carolina

K-FLEX will invest $45M to nearly double the size of its Franklin County manufacturing operations, creating 100 new jobs.

Japanese Automotive Supplier Locating In Southwest Indiana

A completed segment of I-69 helped attract M&C Tech's new factory, the first Japanese investment in the Daviess County, IN region.

VT Mobile Aerospace Engineering Growing In Florida

The aerospace company's new maintenance and engineering facility will create 400 jobs at Pensacola International Airport.

NextEV Opens North American HQ In California

The new facility, in the heart of the Silicon Valley, will employ 400 and serve as the company’s center of global software development.

Team 360 Services Expanding, Creating 137 Jobs In Indiana

The national fire protection company is growing its Indianapolis headquarters with the help of up to $725,000 in tax credits and training grants.

BDO USA To Hire 400 At New Ohio Business Service Center

The Columbus, OH center will initially perform transaction services for BDO’s assurance, tax and business services and outsourcing practices.

Ficosa Opens Advanced Manufacturing Plant In Tennessee

The $50 million advanced manufacturing facility, dedicated to producing rear view systems, will create nearly 500 new jobs in Cookeville, TN.

New Jersey: Pioneering The Future Of Food In The Garden State

New Jersey is leveraging its strength in biotechnology and pharmaceuticals to help the food processing sector deploy 21st century chemistry.

Warner Music Group Expanding In Nashville

The music company will bring up to 175 finance jobs to Nashville with its new downtown office.

Biotech Company Establishing HQ In Florida

CTD Holdings will invest $2.75M and create 51 jobs at its new corporate headquarters in Jupiter, FL.

Separated at Birth

U.S. cities are moving to undo the devastation to city neighborhoods wrought by urban freeways that sliced through their midst.

Vonco Products Relocating To Wisconsin

The advanced manufacturer is moving its operations from northern Illinois to Kenosha County, WI, investing $4M and creating 86 jobs.

Anthem Bringing Over 1,800 Jobs To Atlanta

The health benefits company will invest $20M to expand its presence in Georgia with an Information Technology Hub.

CoStar Creating 732 Jobs At Virginia R&D Center

The commercial real estate information company will invest $8M in the city of Richmond, with the help of a $4M grant from the Commonwealth’s Opportunity Fund.

Michigan Lands New Gestamp Manufacturing Facility

The automobile supplier will invest $68M and create 195 jobs on chassis, paint, and laser welding lines at its new Chelsea, MI manufacturing facility.

Jacobs Engineering Group Relocates Global HQ To Texas

The move from California to Dallas will result in more than 100 jobs and $4M in capital investment, with help from a $1.3M Texas Enterprise Fund grant.

German Distribution Company Growing In Central Indiana

Würth Service Supply Inc. is expanding its Greenwood, IN headquarters, with help from tax credits based on the company's plans to create up to 60 new jobs.

Armada Nutrition Creating 310 Jobs In Tennessee

The food packaging company will invest $2.1 million to expand its Spring Hill, TN operations.

HTS International Establishing First U.S. Facility In Tennessee

The advanced manufacturer will invest $21.4M and create 200 jobs at its new global headquarters and manufacturing facility in Knox County, TN.

Reser’s Fine Foods Investing $86.5M In Topeka, KS Plant

The new 300,000-square-foot food processing facility will create 180 new jobs with the help of $665,000 in performance-based incentives.

NYC Most, Huntsville Least Expensive U.S. Office Markets

BOMA has compiled a list of the most and least expensive office markets in the U.S., accounting for both operating expenses and rental rates.

E&E Manufacturing Expanding In Tennessee

The Tier 1 automotive supplier will invest $23.5 million and create 123 jobs at its manufacturing operations in Athens, TN.

New Jersey Companies To Share Over $35M

The 40 growing technology and biotech companies will share the New Jersey Technology Business Tax Certificate Transfer Program funds in FY2017.

Crystal Steel Fabricators Opening Maryland Manufacturing Facility

The structural steel fabricator will create 126 new jobs in Caroline County, MD with assistance from the Maryland Economic Development Assistance Authority and Fund.

MollerTech Investing $46M In Alabama Auto Parts Plant

More than $12M in tax credits and workforce training helped land the project, which will create 222 new jobs in Bibb County, AL.

Ports And FTZs: Enter With Less Risk

Ports and FTZs are beneficial locations for all of your business needs, providing the transportation link that gets your goods where they need to go.

Outstanding Tradeshow Exhibit Services Relocating To Indiana

The woman-owned exhibit company will invest $1.2M in its new North Judson, IN operations.

Texas Lands New OKI Data Americas Office

The printing company will create more than 100 jobs, invest over $3.5M in Irving, TX with the help of a Texas Enterprise Fund (TEF) award.

Automotive Supplier Growing In Northeast Indiana

Ventra Angola will invest $8.1M and create up to 88 jobs in Angola, IN with the help of up to $675,000 in tax credits and training grants from the state.

September / October 2016 Issue (Volume 49, Number 5)

Business Facilities' September / October 2016 issue features advanced manufacturing, ports and FTZs, logistics, and the impact of natural gas. Plus, a look at New Jersey, Iowa, Louisiana, Mississippi, Texas and Indiana.

LeMond Composites To Make New Carbon Fiber In Tennessee

The manufacturer will invest $125M and create 242 new jobs at its facility adjacent to the U.S. Department of Energy’s Oak Ridge National Laboratory.

Keeping Up With Advanced Manufacturing

The U.S. will need to fill about 3.5 million jobs in advanced manufacturing in the next decade, but as many as 2 million of these jobs may remain unfilled if we don’t close the skills gap.

Wayfair Will Create 150 Jobs In Georgia

The online home furnishings and décor seller has selected Henry County for its newest distribution center.

Global Auto Supplier Expanding In Southern Indiana

Metaldyne Performance Group will add over 120 jobs, invest $30.6M in North Vernon, IN, with the help of up to $900,000 in tax credits and training grants.

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