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. Expansion articles below.
Execs Concerned About U.S. Economy, Confident In Own Companies
Executives are taking a more tempered view of revenue and profit growth, but maintain fairly broad optimism about business expansion, according to AICPA survey.
2018 Economic Development Deal of the Year Deadline Extended
The deadline for submissions for Business Facilities' 2018 Economic Development Deal of the Year has been extended to November 30, 2018.
Business Facilities’ 14th Annual Rankings: State Rankings Report
Our 14th Annual Rankings Report keeps pace with the evolving priorities of economic development and tracks red-hot growth sectors, kicking off with the state rankings report.
Cybersecurity Takes Center Stage
As cyber threats multiply at an exponential rate, an emerging cybersecurity sector tries to keep pace, with government agencies forming close alliances with world-class institutions of higher education.
GE Aviation Investing $105M In North Carolina Expansion
The aircraft engine and components manufacturer will add 146 jobs at its facilities in Asheville and West Jefferson, NC, with support from a performance-based state grant.
Nestlé Canada Investing $40M In Ice Cream Factory Expansion
The expansion will increase production capabilities at the company’s London ice cream factory, which supplies all of Canada with brands including Hӓagen-Dazs, Parlour and Drumstick.
Rex Lumber Investing $110M In Alabama
Rex Lumber Co. will invest $110 million to build a state-of-the-art lumber manufacturing facility in Pike County, AL, creating more than 110 jobs.
Airstream Investing $40M In Ohio Expansion
The manufacturer of the iconic "silver bullet" travel trailer is undertaking the largest plant expansion in company history in Jackson Center, OH, creating 280 new jobs.
Missouri Lands Faurecia’s $60M Manufacturing Facility
The new 250,000-square-foot automotive manufacturing plant will bring 300 new jobs to the Kansas City metro region.
England Inc. Investing $32M In Tennessee Expansion
The furniture manufacturer will expand its New Tazewell operations, creating more than 200 new jobs.
Arkansas Governor’s Report: Now On The Radar For New Business
The Pro-business climate in Arkansas is yielding a bounty of new jobs. Gov. Asa Hutchinson is busy laying the foundation for robust, sustainable long-term growth.
Google Investing $600M In Oklahoma Data Center
The Mayes County, OK data center is part of a $2.5B investment Google is making in data centers in Alabama, Oregon, Tennessee, and Virginia.
Gulfstream Expansion Creating 200 Jobs In Wisconsin
The new $40 million service center at Wisconsin’s Appleton International Airport will create approximately 200 jobs, and add maintenance capacity.
Small Business Outlook Highest In A Decade
For the first time since 1997, the majority of small businesses reported increases in revenues, and the overwhelming majority are confident in the future of their business.
Aisin Drivetrain Investing $16M In Indiana Expansion
The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.
Top Six Megatrends Changing The Workplace
The C-suite is more concerned about their people strategy than any other issues facing their organizations, according to the Global Leadership Forecast 2018.
2017 State Of The Year: South Carolina
The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.
International Paper Boosts Alabama Investment Over $522M
The company will increase its planned investment in its Riverdale Mill in Selma, AL as part of a strategic plan to grow its industrial packaging business.
NAI Investing $2.7M, Creating 139 Jobs In Michigan
After considering several states and Mexico for the expansion project, North American Interconnect, LLC will invest $2.7 million and create 139 job in Livingston Township and the city of Troy, MI.
Tru-Tone Finishing Creating 120 Jobs In Kentucky
The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.
Zeus Industrial Products Expanding In South Carolina
The polymer extrusion manufacturer will create more than 350 new jobs in Calhoun County, SC.
VanRiet Material Handling Systems Opening First U.S. Location In Georgia
The Dutch manufacturer of automated transport and sorting solutions will create more than 70 jobs in Fulton County, GA.
Superion’s Florida Expansion To Create 355 New Jobs
The software company will invest more than $12 million to expand its operations in Seminole County, FL.
PAC Creating Over 160 Manufacturing Jobs In Pennsylvania
The manufacturer of flexible packaging will invest more than $28 million to expand into the greater Bethlehem area.
Delek US Holdings Expanding Middle Tennessee HQ
The Fortune 500 energy company will invest $4 million and create 175 jobs in Brentwood, TN.
Innovative Vehicle Solutions Expanding In South Carolina
The custom commercial vehicle builder will create 108 new jobs in Charleston County, SC.
Atlanta Lands Groupe PSA North American Headquarters
After a yearlong, nationwide search, the French automobile and motorcycle manufacturer has chosen to establish its new North American headquarters in Atlanta, GA.
Novelis Investing $300M In Kentucky Automotive Finishing Plant
The expansion will create approximately 125 new jobs and accelerate delivery of innovative, lightweight aluminum solutions to growing U.S. market.
Sumitomo Machinery Investing $10M In Virginia Expansion
The expansion of the company’s manufacturing operation in Chesapeake, VA will create 26 new jobs.
Food Manufacturer, Distributor Expanding In Illinois
Located in Montgomery, IL, Carl Buddig and Company’s fourth manufacturing facility in the state will create up to 300 new jobs in the coming year.
Tennessee Targeting France, Spain For FDI
TNECD has added an international team to focus on attracting new foreign direct investment to the state, bringing its international presence to 10 countries in Europe and Asia.
The Amazon Derby
Amazon narrows its HQ2 site selection to 20 regions containing about a third of the population of the U.S.
Amazon Reveals 20 Finalist Cities For HQ2
From among the 238 proposals to host its second headquarters in North America, Amazon has selected the 20 cities still in contention for the $5B HQ2 and its 50,000 high-paying jobs.
Fiat Chrysler Automobiles To Invest Over $1B In Michigan
FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocate truck production from Mexico, and add 2,500 new jobs.
