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.
Auto supplier Kamtek will invest $530 million and create 350 jobs in an expansion of its Birmingham, AL operation that includes opening a new aluminum casting facility to meet automaker demands for lighter parts.
Ryder Supply Chain Solutions will expand its warehousing, transportation, kitting and assembly operations in Spring Hill, TN. The announcement represents an investment of $16.5 million and the creation of 606 new jobs.
A plan to deepen and widen Florida’s Port Everglades has won a key approval from the U.S. Army Corps of Engineers, clearing the way for the port to seek Congressional funding for a project that would generate thousands of jobs and maintain the region's leading position in international trade.
Illinois-based Hearthside Food Solutions will invest nearly $10.7 million to expand its Kentwood, Michigan facility and add at least 91 new jobs.
Gestamp Chattanooga will expand its Hamilton County, TN presence by growing its existing cold-stamping operation and adding Class A stamping, hot-stamping and chassis component stamping. The expansion represents an investment of $180 million and the creation of more than 500 new jobs.