Electric Vehicles (EV)
T/CCI Manufacturing Awarded First REV Illinois Award
The Central Illinois EV Supplier will invest over $20 million to manufacture electric compressors and establish an EV innovation hub in Decatur.
Canada Leads With World-Class Workforce
Canada's top-notch education, support for tech knowledge, and business-friendly programs deliver for companies from around the globe.
Lithium-Ion Battery Recycler Picks Georgia For First U.S. Facility
Korea-based SungEel HiTech will invest more than $37 million in its new SungEel Recycling Park Georgia facility, creating 104 jobs in Stephens County.
Governor’s Report: No Slowing Down For Arizona
Post-pandemic growth is propelled by policies that keep an eye on what companies are seeking for success.
DOE Offers $2.5B Loan To Build EV Battery Cell Manufacturing Plants
To be built by Ultium Cells LLC in Ohio, Tennessee, Michigan, the three new lithium-ion (Li-ion) battery cell manufacturing facilities are expected to create 5,100 jobs at full capacity.
Panasonic Energy Picks Kansas For $4B EV Battery Megaproject
New Panasonic Energy electric vehicle (EV) battery facility will create up to 4,000 jobs in the Kansas City Region, and is the largest economic development project in state history.
Volvo To Build $1.25B Electric Vehicle Plant In Slovakia
Volvo's third European plant will be located in Kosice. The company will receive about 20% of the investment needed for the project as support from the Slovak government.
Strategic Sustainability
Among the growing green markets across the U.S. and Canada, recycling operations, electric vehicles, and supporting technology are making inroads.
Forsee Power Picks Ohio For North American HQ And Gigafactory
In Ohio's Columbus Region, France-based Forsee Power will develop a scalable 3-GWh manufacturing site with 150 employees by 2027.
FLO Investing $3M In New Michigan EV Charger Plant
With its first U.S. manufacturing facility, Canadian electric vehicle charging network operator FLO will create 133 jobs in Auburn Hills, MI.
Ford To Create 6,200 New Jobs In Michigan, Ohio, Missouri
Ford's $3.7B Midwest investment across Michigan, Ohio and Missouri will support production of 2 million EVs a year by end of 2026, strengthen portfolio of gas-powered vehicles.
Stellantis, Samsung SDI Team Up To Build $2.5B Lithium-Ion Battery Plant
Stellantis Samsung SDI joint venture to build electric vehicle battery plant in Kokomo, IN is targeted to start in 2025 and create 1,400 new jobs.
Shinhwa To Invest $78M In Alabama Expansion
The South Korea-based auto parts supplier will create 42 jobs with its second facility in the Auburn Technology Park West.
Stellantis Picks Ontario, Canada For Major Electric Vehicle Investments
Stellantis will retool and modernize plants, build two new electric vehicle and EV battery technology R&D centers in Windsor and Brampton.
Arizona State Focus: Heading To The Desert
Arizona is one of the most popular destinations for new businesses for many key reasons.
Toyota Investing $383M In EV Growth Across Four States
Engine, casting investment across Alabama, Kentucky, Missouri and Tennessee will further Toyota’s vehicle electrification efforts.
Hyundai Will Add First EVs To Alabama Production Lineup
With a $300 million investment, Hyundai Motor Manufacturing Alabama (HMMA) will begin building electric vehicles and create 200 jobs at its Montgomery plant.
VinFast Picks North Carolina For $2B Electric Vehicle Assembly Plant
Vietnamese auto maker VinFast will create 7,500 jobs at its first North American electric vehicle and battery manufacturing plant in Chatham County, NC.
Canada Lands Its First Large Scale Lithium-Ion Battery Production Plant
In a joint venture, Stellantis and LG Energy Solution will invest $4.1B in Canada's first large scale, domestic, electric vehicle battery manufacturing facility in Windsor, Ontario.
LG Energy Solution Will Invest $1.7B In Michigan Expansion
LGES will expand its Holland, MI plant to produce components for electric vehicle batteries, resulting in the creation of 1,200 new jobs.
Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA
Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
Location Spotlight: Ohio Electric Cooperatives
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.