Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Germany articles below.
International manufacturing expansions create more than 160 jobs, $57M in Indiana; plus manufacturers get $2.8 million in tech grants.
German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.
Germany-based vehicle technology company Continential will create more than 45 new jobs with an expansion of its ContiTech Vibration Control business unit in DeKalb County, IN.
Tesla will create an estimated 10,000 jobs at a manufacturing plant and a design and engineering center in Germany's Berlin-Brandenburg region.
The German company, which operates its biopharm business as EMD Serono in the U.S. and Canada, will invest $70 million to expand its Billerica, MA facility.
The $73 million investment is part of wider $1 billion investment that will transform the Darmstadt site into the company’s contemporary global headquarters.
China, the U.S. and Germany are the global leaders in Installed Wind Power Capacity in Business Facilities' 13th Annual Rankings Report. China is also tops among Renewable Energy Investment Leaders.
Würth Service Supply Inc. is expanding its Greenwood, IN headquarters, with help from tax credits based on the company's plans to create up to 60 new jobs.
Vetter plans to invest $320 million and create 300 jobs at its Des Plaines, IL manufacturing facility.
Nine states and Washington D.C. lead the pack in electricity grid modernization. Navagant Research forecasts that the global Smart Grid as a Service (SGaaS) market, estimated at $1.7 billion in 2014, will grow to $11 billion in 2023.
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