Tag: foreign direct investment
South Carolina Lands More Than $47M In Foreign Direct Investment
In Oconee County, CurTec will invest $13M in its first U.S. manufacturing plant. In Lancaster County, U.S. Strapping Company will invest $34.6M and create 63 jobs.
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.
Business Facilities Economic Development Organization Awards
Business Facilities' 1st Annual EDO Awards recognize innovative or impactful programs and initiatives aimed at improving the communities they serve.
Business Facilities Names Inaugural Class of 2023: EDO Awards
The Economic Development Organization Awards highlight nascent and established programs and incentives making an impact on community growth.
[VIDEO] Las Colinas, Irving, Texas: A City Built For Business
Centrally located in the thriving Dallas-Fort Worth Metroplex, Irving-Las Colinas is recognized as the “Headquarters of Headquarters,” with more Fortune 1000 global headquarters per capita than any other city in Texas.