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

Hanon Systems employs more than 300 workers in Pecs; Hunstman is adding 12 to its workforce of 131 in Pétfürdő.


https://businessfacilities.com/2021/09/hanon-systems-huntsman-grow-in-hungary/
Hanon Systems employs more than 300 workers in Pecs; Hunstman is adding 12 to its workforce of 131 in Pétfürdő.

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.


Hanon Systems, Huntsman Grow In Hungary

Hanon Systems employs more than 300 workers in Pecs; Hunstman is adding 12 to its workforce of 131 in Pétfürdő.

CS Global Group Picks West Virginia For First U.S. Manufacturing Plant

Incorporated as ADO Industries in West Virginia, CS Global Group will invest $10 million and create 47 new jobs at the Moundsville facility.

Wallbox Chooses Texas For First U.S. Manufacturing Facility

The electric vehicle charging solutions provider's new facility is anticipated to create approximately 250 direct jobs in Arlington by 2030.

Sungwoo Hitech Picks Tennessee For First U.S. Manufacturing Operation

The Korean automotive supplier will invest $40 million, create more than 100 new jobs at the former Alo Tennessee building in Telford, TN.

Snapshots: 60 Seconds with Peter Denious, AdvanceCT

Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.

Advanex Americas Relocating HQ To Tennessee

Spring manufacturer Advanex Americas will invest $17 million to move its base from California to White House, TN, creating 102 jobs.

CANPACK Selects Indiana For Second U.S. Plant

Poland-based packaging manufacturer CANPACK will invest $380 million and create 345 jobs at its new aluminum beverage can manufacturing plant in Muncie, IN.

Industrial Parks: Purposefully Constructed For Business Success

With flexible lot sizes and competitive pricing, the Tomball Business & Technology Park offers a robust business climate, attracting a growing list of companies.

Kentucky: Investing In Sustainable Growth

The Bluegrass State is preparing for statewide growth with site upgrades and new partnerships.

Israel-Based Aerospace Company Relocating Operations To Oklahoma

TAT Technologies Ltd. is expected to create more than 300 jobs as it relocates its thermal components activities from Israel to Tulsa, OK.

Canada: Your Investment Destination For Supply Chain Resiliency 

Brand, market access, and talent are among the numerous advantages Canada enjoys amid the reshaping of global supply chains.

Miami: A Thriving Business Climate Adds Flavor To FDI

The diverse cultures, flavors and talents of Miami make it a unique global address for high-tech players in a rapidly growing hub.

Rethinking The Global Supply Chain

The massive disruptions of the global supply chain that occurred in 2020 during the pandemic have increased momentum for the reshoring of manufacturing jobs to the United States, primarily from China.

LG Electronics Investing Additional $20.5M In Tennessee

Home appliance manufacturer LG Electronics will add another shift, creating 334 jobs and bringing total employment at its Clarksville, TN operations to about 1,000.

STS Group AG To Establish First U.S. Location In Virginia

German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.

Munters Group AB Investing $36M In Virginia 

Energy efficient air treatment and climate solutions manufacturer Munters Group AB will build a state-of-the-art facility in Botetourt Center to replace its Buena Vista, VA plant.

Snapshots: 60 Seconds with Ryan Combs, Research Triangle Regional Partnership

Ryan Combs, Executive Director at North Carolina's Research Triangle Regional Partnership, discusses foreign direct investment, higher education, and biotech in the region.

ElectraMeccanica Picks Arizona For U.S. Operations Base

The electric vehicle designer and manufacturer will establish its U.S.-based assembly facility and engineering technical center in Mesa, AZ.

Top Five Site Selection Predictions For 2021

A survey of Site Selectors Guild members reveals the key trends impacting corporate location decisions in a wide range of industries in the U.S. and around the world. 

Did You Miss Our “Bringing Your Supply Chain Home” Webinar?

View this free video webinar and learn which factors must be evaluated when choosing the right location for your manufacturing supply chain.

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.

Business Facilities & COVID-19

Connecticut Governor’s Report: Leading From The Front

Connecticut succeeded in mitigating the impact of the coronavirus pandemic by aggressively testing people in the early stage of the outbreak, avoiding the massive casualty levels in neighboring states.

Wilson County, Tennessee: Rising To The Challenge With Resilience

They call it "Wilson Strong:" devastated by a pandemic and a tornado, this Tennessee community met the challenge and kept its dreams intact.

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