Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. tennessee articles below.
The U.S. auto industry recorded its best year ever in 2015, selling 17.5 million cars and light trucks in the U.S., nearly $570 billion in revenue and a 5.7 percent increase over last year.
Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.
Advanced Munitions International (AMI) will invest $553 million in a new global headquarters and state-of-the-art ammunition manufacturing facility in Alcoa, TN, creating 605 new jobs.
Allied Dispatch Solutions will create 481 new jobs and invest $4.8 million in an expansion of its current Johnson City, TN operations.
China-based Innovate Manufacturing will locate its first U.S. headquarters in Knoxville, investing $4.7 million in building upgrades and renovations and creating 50 new jobs.
Ryder Supply Chain Solutions will expand its warehousing, transportation, kitting and assembly operations in Spring Hill, TN. The announcement represents an investment of $16.5 million and the creation of 606 new jobs.
Indiana metros dominated the top-10 list for Exports Leaders in Business Facilities’ 2015 Metro Rankings Report. Four Indiana locations made the top tier in this category, which is based on exports as a percentage of GDP.
Austin, TX added to its impressive record of success in Business Facilities’ Metro Rankings Report with the best across-the-board showing in the magazine’s 2015 edition.
Amedisys, a leading health care at home company, will invest $2.5 million and create approximately 120 new jobs in Nashville, TN.
Gestamp Chattanooga will expand its Hamilton County, TN presence by growing its existing cold-stamping operation and adding Class A stamping, hot-stamping and chassis component stamping. The expansion represents an investment of $180 million and the creation of more than 500 new jobs.