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

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


https://businessfacilities.com/2021/06/advanex-americas-relocating-hq-robertson-county-tennessee/
Spring manufacturer Advanex Americas will invest $17 million to move its base from California to White House, TN, creating 102 jobs.

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.


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.

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.

Business Facilities & COVID-19

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.

Locations For The Biotech Industry: Microscopic Miracles

Successful introduction of mRNA vaccines has created a platform for the rapid development of new treatments.

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