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

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


https://businessfacilities.com/2020/02/panacea-medical-technologies-opening-facility-noblesville-indiana/
The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.

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.


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.

Derichebourg Atis Aéronautique Picks Montréal For Canadian HQ

Over the next three years, the French company will create 130 jobs in Montréal to be closer to the city’s aerospace ecosystem and consolidate its North American operations.

Modula Will Invest $26.5M In Ohio

The Italy-based advanced manufacturing company will create 100 jobs at the Cincinnati Region's historic Dayton Daily News Building.

Global Investment: Destinations Of Choice

Attracting foreign direct investment has become a top priority for economic development organizations seeking to leverage the status of the U.S. as the top global destination for FDI.

May / June 2019 Issue (Volume 52, Number 3)

The May / June 2019 Issue looks at locations that are making foreign direct investment an economic development priority. Plus, our editor's picks for tech hubs, and an exclusive interview with Louisiana Gov. John Bel Edwards.

Ebm-papst Investing $37M In Select Tennessee Certified Site

The plant is the Germany-based company’s second U.S. location and will create 200 new jobs over the next five years in Washington County, TN.

Brexit Brings 70 Companies To Ireland

Since the UK’s EU referendum in June 2016, individual investments related to Brexit have brought more than 5,000 jobs to Ireland, according to IDA Ireland.

Togo North America Investing $11.4M In Tennessee

The Japan-based auto supplier will create 58 new jobs with a new production facility in Portland, TN. 

Virginia Is Business Facilities’ 2018 State Of The Year

The Commonwealth secures BF's top annual honor with a diversified and successful high-tech growth strategy.

Snapshots: 60 Seconds With Andrew Deye, JobsOhio

Andrew Deye, Managing Director, JobsOhio, discusses Ohio's strategy to become a top U.S. destination for foreign direct investment.

Healthcare US Co. Launching Operations In South Carolina

The China-based foam mattress manufacturer's $45 million investment is projected to create 250 new jobs in Winnsboro, SC.

Gnotec Group Investing $5.9M In New South Carolina Operations

The Scandinavian automotive industry supplier will locate new operations in Orangeburg County, SC, its first in North America.

HARTING Investing $6M In Illinois Expansion

The German company will create 50 or more new jobs in the expansion of its North American Headquarters in Elgin, IL.

Fuel Total Systems Investing More Than $60M In Tennessee

The automotive components manufacturer will create 150 new jobs at a new manufacturing facility in Mount Pleasant, TN.

Business Facilities & COVID-19

Rally Reno Program Provides Local Economic Relief

Rally Reno County supports local businesses and employees in the retail, service and hospitality industries impacted by the COVID-19 pandemic.

Consumers Energy CEO Helps Small Business Cope With COVID-19

Consumers Energy President and CEO Patti Poppe and her husband are donating $1 million to help small businesses in her company’s hometown of Jackson, MI.

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