foreign direct investment Archives - Business Facilities Magazine

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.


https://businessfacilities.com/2021/11/u-s-tech-firm-helm360-expands-operations-in-costa-rica/
Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

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.


U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

Texas Lands $17B Samsung Chip Manufacturing Factory

In the largest foreign direct investment in Texas on record, Samsung will create more than 2,000 high-tech jobs at its new semiconductor manufacturing facility in Taylor, TX.

IT Consulting Firm, Manufacturer To Create Over 650 Jobs In Tennessee

Capgemini will establish a new delivery center in Nashville, TN; 86 Pearson Lane, LLC will establish new manufacturing operations in Lexington, TN.

Italy’s Veronesi To Establish First U.S. Facility In Virginia

Italy-based cured meats producer Veronesi will expand its customer base and create more than 150 jobs with its new Rockingham County, VA facility.

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Bayer To Invest $200M In Pharmaceutical Plant In Costa Rica

For Bayer, Costa Rica offers an excellent and strategic location, paired with qualified talent, sustainability policies, and the conditions necessary for private investment.

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.

Rankings & Awards

2021 Deals of the Year

Ford, Samsung Electronics, KORE Power Named 2021 Deals Of The Year

The three winners were selected from a record-setting number of entries submitted for Business Facilities’ 2021 Deals of the Year awards.
2021 States of the Year

BF Names Virginia, Tennessee, Massachusetts 2021 States Of The Year Award Winners

The two commonwealths and one state were chosen for excellence in Business Climate, Dealmaking or Workforce/Educational System.

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