Montgomery County - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

South Korean-based logistics company Shinhung Global USA to invest $10 million in new Clarksville facility, creating more than 80 new jobs.


https://businessfacilities.com/2021/09/shinhung-global-usa-to-expand-operations-in-tennessee/
South Korean-based logistics company Shinhung Global USA to invest $10 million in new Clarksville facility, creating more than 80 new jobs.

Montgomery County

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Montgomery County articles below.


Shinhung Global USA To Expand Operations In Tennessee

South Korean-based logistics company Shinhung Global USA to invest $10 million in new Clarksville facility, creating more than 80 new jobs.

Three Companies To Invest More Than $160M In Indiana Expansions 

Tempur Sealy, ITS Logistics, and Ludo Fact USA will create a total of 600 new jobs in Montgomery, Boone, and Tippecanoe counties. 

Troy Industries Relocating HQ To Tennessee

The small arms components and accessories manufacturer will invest more than $7 million to relocate its headquarters, manufacturing operations to Clarksville, TN. 

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.

Microvast To Invest $220M In Tennessee Manufacturing Facility

Electric vehicle battery manufacturer Microvast will create nearly 300 jobs at a new location in Clarksville, Montgomery County, TN.

Vigene Biosciences Adding 245 Jobs In Rockville, Maryland

The global leader in gene therapy and vaccine manufacturing is planning a major expansion in Montgomery County, MD.

On Demand Pharmaceuticals Picks Maryland For HQ

Transformative drug manufacturer On Demand Pharmaceuticals will locate its new headquarters, manufacturing, and R&D facility in Montgomery County, MD.

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.

Torc Robotics Will Create 350 New Jobs In Virginia

The self-driving vehicle pioneer will invest $8.5 million to expand software development operations in Blacksburg, VA.

Agero To Create 900 Jobs In Tennessee

The driver assistance services company will invest $2 million to expand its operations in Clarksville over the next five years

Local Production Fund Supports COVID-19 Needs, PPE Manufacturing

The 25 Local Production Fund recipients — including tailors, artisans, tech companies, and commercial printers in Montgomery County, MD — will receive a total of $200,000. 

Maryland National Capital Region Forms Economic Development Alliance

Representing the majority of Maryland’s population and economy, six counties will work together with each other and federal and state partners towards regional initiatives and COVID-19 economic recovery.

RADA Technologies Plans New HQ In Maryland

The aerospace and defense electronics company will add 80 new jobs in Montgomery County by December 2023.

Biotech: Finding The DNA For Growth

Life-changing biotech breakthroughs are poised to move out of the labs and into the marketplace, as the emerging science of genomics uses DNA to customize medicine.

ATLASBX Locating First U.S. Manufacturing Facility In Tennessee

The South Korean automotive battery manufacturer will invest $75 million and create 200 jobs in Clarksville, TN.

Booz Allen Hamilton Relocating Offices To Bethesda

The global technology consulting and engineering firm will retain about 750 employees with help from the Maryland Economic Development Assistance Authority and Fund.

JBG SMITH Chooses Maryland For New Headquarters

The publicly traded real estate investment trust will employ 425 people and occupy 95,000 square feet of a new high-end, class-A office building in Bethesda, MD.

LG Electronics Building New Manufacturing Plant In Tennessee

The home appliance manufacturer will invest $250 million, create 600 new jobs in Clarksville, TN at its first U.S. washing machine manufacturing operation.

Texas Is Tops In Talent Attraction

Collin County and Montgomery County were the only large counties to increase skilled occupation jobs by more than 20 percent from 2011-2015.

Gerhardi Picks Alabama For First U.S. Plant

The German auto supplier will invest $37.9 million and create 235 jobs with its first North American manufacturing facility in Montgomery, AL.

Novavax Adding 850 Jobs In Maryland

The growing Montgomery County, MD clinical stage vaccine company is developing promising vaccines for RSV, influenza and Ebola.

Hankook Tire Co. To Locate First U.S. Manufacturing Facility In Montgomery County, TN

Global tire manufacturer to invest $800 million, create 1,800 new jobs in Clarksville, TN.

Business Facilities & COVID-19

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.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

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