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

North Carolina has been named Business Facilities’ 2020 State of the Year, the first time the Tar Heel State has earned the magazine’s top honor.


https://businessfacilities.com/2021/01/north-carolina-is-business-facilities-2020-state-of-the-year/
North Carolina has been named Business Facilities’ 2020 State of the Year, the first time the Tar Heel State has earned the magazine’s top honor.

foreign direct investment

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


North Carolina Is Business Facilities’ 2020 State Of The Year

North Carolina has been named Business Facilities’ 2020 State of the Year, the first time the Tar Heel State has earned the magazine’s top honor.

NewCold Investing $150M In Major U.S. Expansion

The Netherlands-based temperature-controlled warehousing and distribution company will create more than 200 new jobs in Lebanon, IN.

Wren Manufacturing Picks Pennsylvania For North American HQ, Manufacturing Facility

The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA. 

Babynov USA Investing $45M, Creating 150 Jobs In Tennessee

Babynov USA, a subsidiary of French organic baby food manufacturer Global Baby, will establish its first US. production facility in Red Boiling Springs, TN.

Rolls-Royce Investing $13.9M In Minnesota Expansion

The multi-phase expansion will add production lines, testing capabilities, and manufacturing jobs at the company's Mankato, MN Power Systems business unit. 

La Regina Atlantica To Open First U.S. Food Processing Facility In Georgia

The homemade pasta sauce maker will invest $20 million in a new food processing facility, bringing 250 jobs to Alma, GA.

Nobelpharma Chooses Maryland For First Overseas Subsidiary

The Japan-based pharmaceutical and medical device company cited local industry resources as key to locating its U.S. operations in Montgomery County, MD.

KRA Operations Investing $11.5M In South Carolina

The metal stamping and injection molding company’s $11.5 million investment is expected to create 57 new jobs in Newberry County, SC.

Alcorta Forging Group Investing $15M In Ohio Expansion

The Spanish auto supplier's Marysville, OH location will be its first manufacturing operations and regional headquarters in the U.S., and will create 50 new jobs. 

Huali Floors Creating 315 Jobs In Georgia

The resilient flooring manufacturer will invest more than $27 million to establish its first U.S. headquarters in Murray County, GA.

Printful Investing $2M In New Canadian Fulfillment Center

The on-demand fulfillment company will begin production at its first Canadian facility in Mississauga by the end of this year. 

Ontex Group Creating $93.3M Investment In North Carolina

The Belgian personal care company will locate its first U.S. manufacturing site in Rockingham County, NC, creating 403 jobs. 

Snapshots: 60 Seconds with Courtney Pogue, City of Dallas, TX

Courtney Pogue, Director of Economic Development, City of Dallas, TX, discusses information technology hosting and data center operations, foreign direct investment, renewable energy and more.

Panacea Medical Technologies Opening First U.S. Facility In Indiana

The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.

Databricks Growing In The Netherlands

The U.S.-based data analytics company will invest $110 million at its European headquarters in Amsterdam over the next three years. 

China-based Minth Group To Invest $87M In Tennessee

Over the next five years, the auto parts manufacturer will create 254 new jobs in Lewisburg, TN. 

Michigan’s Fiat Chrysler Expansion Is BF’s Deal Of The Year

Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion

MKDA Investing $20M In Georgia

Japan-based Mitsui Kinzoku Die-Casting Technology America, Inc. will build a new automotive parts manufacturing facility, creating more than 30 jobs in Spalding County, GA.

Hyosung Heavy Industries Locating First U.S. Production Facility In Tennessee

The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

Waterlogic Chooses Texas For North American Headquarters

The drinking water dispenser company will invest $1.6 million and create up to 164 jobs in Grapevine, TX.

Structurlam Picks Arkansas For Its First U.S. Plant

The $90 million precision-engineered mass timber production facility will create 130 jobs in Conway, AR.

Hyundai Investing $1.55B In First Indonesian Manufacturing Plant

Hyundai Motor will build the vehicle manufacturing plant in Kota Deltamas, east of Jakarta, creating more than 23,000 new direct and indirect jobs in the region.

AkzoNobel Investing $55M In North Carolina Expansion

The project will improve efficiencies at the High Point, NC wood coatings operation and strengthen the company's ability to serve customers in North America.

Israeli Aerospace, Aviation Manufacturer Expanding In Virginia

Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.

Mersen To Invest $65M In New Tennessee Manufacturing Operations

The French advanced materials and electrical power company will create approximately 100 jobs in Columbia, TN.

Alfrex Investing $6.2M To Locate HQ In Georgia

The manufacturer will locate its North American headquarters in Hall County, GA, creating 30 new jobs.

AAM Opens Manufacturing Facility In Barcelona

The new facility will support demand and growth from new and current European customers including Renault, BMW, Daimler, Porsche, Audi and Ford.

Global Track Manufacturing To Create 250 Jobs In Tennessee

The company has established its first U.S. operations in the former Tower Automotive facility in Milan, TN, and expects to start production next summer.

Mississippi: Making The World Take Notice

With a world-class logistics network and a highly skilled workforce setting new standards for success in advanced manufacturing, Mississippi is aiming for the top.

LANXESS Kicks Off Production In Changzhou

The high-performance materials facility is the global specialty chemicals producer’s fourth factory in China's Changzhou National Hi-Tech District.

Continental Structural Plastics Investing $65M In Texas

The company will establish a new composites manufacturing facility in Seguin, TX, creating 200 new jobs.

Polish Skincare Company Opens First U.S Office In West Virginia

BANDI Laboratories recently celebrated the opening of a sales and distribution center in Martinsburg, WV. The company plans to open a U.S. manufacturing facility within five years.

Home Base For Corporate Headquarters

Quality of life and a wide variety of amenities, a highly skilled workforce and an easy commute are just a few of the attractions inducing corporate headquarters to relocate.

Daikin Investing $195M In Alabama

The company chose to expand and create 20 new jobs at its Decatur, AL fluorochemical plant over locations in Japan and China.

Hino Motors Celebrates Opening Of West Virginia Manufacturing Plant

Over the next three years, the truck manufacturing company plans to invest $40 million and create 250 new jobs at its Mineral Wells, WV facility.

Rivacold Creating 140 Jobs In Georgia

The Italian refrigeration systems manufacturer will create 140 jobs and invest $5 million at its first U.S. facility in Gwinnett County, GA.

ATN Hoelzel Investing $6M In Tennessee Expansion, Relocation

The automotive supplier will create 100 new jobs in Chattanooga at a new facility that will function as its North American headquarters.

Swiss Manufacturer Investing $13.6M In First U.S. Facility

Preci-Dip will create 100 jobs at its new electronic connector pin manufacturing facility in Bryan County, GA.

Gerhardi Opens First U.S. Plant In Alabama

The German auto supplier invested $41.6 million and will employ up to 235 employees at the Montgomery, AL manufacturing facility. 

Snapshots: 60 Seconds With James Chavez, South Carolina Power Team

James Chavez, President and Chief Executive Officer, South Carolina Power Team, discusses recent economic development successes, the Site Readiness Fund, workforce development and foreign investment.

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