tennessee | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.


https://businessfacilities.com/2019/12/hico-locating-first-u-s-production-facility-tennessee/
The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

tennessee

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.


Hyosung Heavy Industries Locating First U.S. Production Facility In Tennessee

The South Korea-based company will invest $86.9 million and create 410 new jobs in Memphis over the next seven years.

Nashville Selected For iHeartRadio Second Digital HQ 

New York-based iHeartRadio digital is expanding its team into Nashville, TN, creating new jobs in the emerging tech hub.

Mersen To Invest $65M In New Tennessee Manufacturing Operations

The French advanced materials and electrical power company will create approximately 100 jobs in Columbia, TN.

Global Track Manufacturing To Create 250 Jobs In Tennessee

The company has established its first U.S. operations in the former Tower Automotive facility in Milan, TN, and expects to start production next summer.

September / October 2019 Issue (Volume 52, Number 5)

The September/October 2019 Issue features the booming logistics and transportation industry. Plus, a look at Qualified Opportunity Zones and Business/Industry/Tech Parks.

Nippon Paint Investing $60M In Tennessee

Nippon Paint (USA) Inc. will expand its U.S. automotive manufacturing footprint by investing approximately $60 million and creating 150 jobs in Chattanooga, TN.

VF Corporation Investing $7.5M In Tennessee Expansion

The company will expand in Lauderdale County and locate a new facility in Tipton County, bringing more than 220 jobs to West Tennessee over the next three years.

HCTec Creating More Than 100 Jobs In Tennessee

The healthcare IT workforce service company will invest more than $500,000 in an expansion of its Hohenwald, TN operations.

Surface Dynamics Investing Nearly $10M In Tennessee Expansion

The company, which provides additive manufacturing technologies for biomedical manufacturers, will create 110 jobs over the next five years with the expansion of its Bartlett, TN operations.

ATN Hoelzel Investing $6M In Tennessee Expansion, Relocation

The automotive supplier will create 100 new jobs in Chattanooga at a new facility that will function as its North American headquarters.

FedEx Investing Another $450M In Memphis Hub

Total investment in the new sort facility, installation of state-of-the-art systems and construction of a new bulk truckload building will now exceed $1.5 billion over six years. 

Business Facilities’ 15th Annual Rankings: State Rankings Report

Our 15th annual rankings report maintains BF’s standard for credible and comprehensive results. Rankings categories may evolve over time, but our commitment to an unbiased assessment of valid metrics never wavers.

TN Named Best Business Climate, NC No. 1 In Growth Potential

Tennessee has been named the state with the Best Business Climate and North Carolina is the top-ranked state for Economic Growth Potential in Business Facilities' 15th Annual Rankings Report

Love’s Investing $8.8M In New Tennessee Facility

The 200,000-square-foot tire retread and distribution facility in Milan will be largest of its kind for Love’s, and will create up to 80 jobs.

Lightning Source Investing $22M In Tennessee Manufacturing Facility

The new print-on-demand operation will be the company’s fifth U.S. facility and will create nearly 150 jobs in Jackson, TN.

May / June 2019 Issue (Volume 52, Number 3)

The May / June 2019 Issue looks at locations that are making foreign direct investment an economic development priority. Plus, our editor's picks for tech hubs, and an exclusive interview with Louisiana Gov. John Bel Edwards.

Medacta USA To Create Over 50 Jobs At New Tennessee HQ

The orthopedic and medical device maker will invest $2.5 million to relocate its U.S. headquarters from Chicago to Franklin, TN.

Toyota Ramps Up U.S. Investment

By 2021, Toyota will now invest nearly $13 billion in its U.S. operations with plans to add nearly 600 new jobs at American manufacturing plants

Plastics & Chemicals: World-Class Cluster In Northeastern Tennessee

The northeastern end of the volunteer state is home to a dynamic plastics and chemicals materials and manufacturing cluster.

September / October 2018 Issue (Volume 51, Number 5)

The September / October 2018 issue features locations that are foreign direct investment magnets, ports and Foreign Trade Zones, and an exclusive interview with Colorado Gov. John Hickenlooper.

AL Named Best Business Climate, NV No. 1 In Growth Potential

Alabama is the state with the Best Business Climate and Nevada is the top-ranked state for Economic Growth Potential in Business Facilities' 14th Annual Rankings Report, released this week.

September / October 2017 Issue (Volume 50, Number 5)

The September / October 2017 features a tour of high-tech hubs, plus a look at the logistics and advanced manufacturing industries. Also, New Mexico, Mississippi, Illinois, Iowa, Colorado, Tennessee, and South Carolina.

Ports And FTZs: Enter With Less Risk

Ports and FTZs are beneficial locations for all of your business needs, providing the transportation link that gets your goods where they need to go.

Automotive Industry Focus: Hitting On All Cylinders

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.

September/October 2015 Issue (Volume 48, Number 5)

Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.

Ammunition Manufacturer To Build HQ, Create 605 Jobs In Tennessee

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 To Expand Tennessee Operations

Allied Dispatch Solutions will create 481 new jobs and invest $4.8 million in an expansion of its current Johnson City, TN operations.

Eagle Bend Manufacturing To Expand In Tennessee

Eagle Bend Manufacturing will expand its current operations in Clinton, TN, investing $54.9 million and creating 127 new jobs.

Lyft To Invest $5.1M In New Nashville Operations

Rideshare service Lyft will locate its customer experience operations in Tennessee, investing $5.1 million and creating 380 new jobs in Nashville.

Innovate Manufacturing To Locate First U.S. HQ In Knoxville

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 To Invest $16.5M, Create 606 Jobs In Spring Hill, TN

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.

Business Facilities’ 2015 Metro Rankings Report: Indiana Metros Are Exports Leaders

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.

Business Facilities’ 2015 Metro Rankings Report: Austin, Nashville, Raleigh Are Metro Frontrunners

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 to Invest $2.5M, Create 120 Jobs in Davidson County, TN

Amedisys, a leading health care at home company, will invest $2.5 million and create approximately 120 new jobs in Nashville, TN.

Gestamp Chattanooga To Expand, Build New Facility in Hamilton County, 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.

January/February 2015 Issue (Volume 48, Number 1)

Tennessee wins State of the Year while Tesla is recognized for its Deal of the Year in this issue of Business Facilities magazine.

Keeping Up with the Bristols

A metro community that spans two states also keeps one foot in the future.

“Mitbestimmung” in Tennessee

Volkswagen seeks the middle ground as the UAW targets the German automaker's assembly plant in a right-to-work state.

If Memory Serves Us

The shoe is on the other foot as Japanese auto giants increase parts sourcing in the U.S.

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