New Technologies and Prominent Speakers Among Show Highlights; Crowded Show Floor and Brisk Sales Point to Continued Resurgence of Manufacturing
Atlanta, GA -- The depth and breadth of manufacturing’s reach into the U.S. and global economies was on display at the recent FABTECH 2014 exposition and conference in Atlanta. FABTECH, held November 11-13 at the Georgia World Congress Center, is the largest annual metal forming, fabricating, welding and finishing event in North America. In addition to setting records for numbers of attendees, exhibitors, and floor space at a FABTECH Atlanta show, the event featured briefings by high level speakers and timely industry panel discussions.
Greenville, SC -- Hexcel Corporation will expand its carbon fiber production capacity through the addition of a new $250 million facility in Roussillon, France, the Greenville, S.C.-based site selection consultant Global Location Strategies (GLS) has announced. The facility sited by GLS is a key element in Hexcel’s ongoing investment to create a diversified global supply chain for the aerospace industry, company officials announced. The $250 million investment will also include the associated quality control laboratories and office space. Hexcel has recently increased its precursor and carbon fiber capacities through targeted expansions at existing U.S. facilities, and is currently installing its industry-leading resin mixing and filming technology – first developed in Europe – in various U.S. facilities. The new facility in France is the next step in support of European customers.
Louisiana’s jump in the ranking is most-improved in the nation over past year
Baton Rouge, LA -- Louisiana Economic Development highlighted Louisiana’s significant rise in the Forbes ranking of Best States for Business, noting that Louisiana tied for second most-improved state in the U.S. since January 2008. Ranked No. 49 in 2008, Louisiana now stands at No. 29 in the U.S., improving 11 spots in the Forbes ranking from last year and 20 spots since 2008. Louisiana now ranks higher in every national state business climate ranking than it ever did prior to 2008.
Gov. Bobby Jindal said, “When we took office in early 2008, we prioritized economic development. We pledged to our existing employers and everyone in our state that we would repair Louisiana’s image and build Louisiana’s reputation as a new frontier for business opportunity. Fast-forward seven years, and the results speak for themselves.
The state ranks as the best of the best in 2010, 2011, 2012 and now 2014
Salt Lake City, UT -- Congratulations, Utah. You are the “Best State for Business.” The state took it’s place, once again, as the number one state in the Forbes magazine rankings of “Best States for Business.” The findings released Wednesday, cite the state’s skilled workforce, low energy costs, pro-business climate and economic growth among other factors.
“We have something very special happening in our state and the rest of the nation is taking notice,” said Governor Gary R. Herbert. “Utah's success is the result of a dynamic business community that has a true partner in state government. We work to cultivate the environment for them to succeed, which is ultimately a benefit for their stakeholders, employees and all the people of our state."
Charleston, SC -- The G6 consortium of ocean carriers recently announced the addition of Charleston to a major US East Coast/North Europe service, further increasing the frequency of weekly post-Panamax vessel calls to the Port of Charleston.
Beginning in late November, Charleston will be the final East Coast port of call for ships on North Atlantic Express service, or AX1.
"The AX1 will considerably expand SCPA's connectivity with the Northern Europe trade," said SCPA president and CEO Jim Newsome. "The G6 has three other services on this trade in Charleston, and we look forward to serving as the only Southeast port of call for the AX1."
Design and construction project in partnership with Northrop Grumman Aerospace Systems recognized as one of the best of 2014
Melbourne, FL -- The Austin Company, in partnership with Northrop Grumman Aerospace Systems, has been recognized by Engineering News Record (ENR) Southeast for their work on Northrop Grumman’s Building 228 – Manned Aircraft Design Center of Excellence.
Building 228 was selected in the 2014 ENR Regional Best Projects Awards Southeast Region with an Award of Merit in the Office/Retail/Mixed-Use Category. The Austin Company provided full planning, design, engineering and construction management services for this project.
The American Association of Port Authorities (AAPA) – a trade group representing leading ports throughout the Western Hemisphere – today at its 103rd Annual Convention and Expo in Houston honored three outstanding port industry leaders for their noteworthy accomplishments.
Receiving AAPA’s Distinguished Service Award were former Port of Seattle CEO Tay Yoshitani and Dr. Bory Steinberg, founder and principal of the water resources advisory firm of Steinberg & Associates, and a former U.S. Army Corps of Engineers Civil Works Program chief.
Receiving AAPA’s ImPORTant Service Award was Port of Everett (Wash.) CEO John Mohr.
Trenton, NJ -- In support of the Christie Administration’s efforts to stimulate the growth of key industries in the State, the New Jersey Economic Development Authority (EDA) today approved six projects for a total of up to $130 million in assistance under the Economic Opportunity Act. These projects represent over $194 million in private investment, the creation of more than 125 new, permanent jobs, and the retention of 250 jobs “at risk” of leaving the State.
“As these projects illustrate, the Economic Opportunity Act continues to support growth in targeted industries and targeted communities,” said EDA CEO Michele Brown.
New Albany, IN -- S&J Precision, Inc., a complete machine shop service company, announced plans today to expand its operations here, creating up to 23 new jobs by 2018.
The homegrown-Hoosier company will invest $3.6 million to construct and equip a new 48,000 square-foot facility in New Albany. The facility, which will be fully operational by August 2015, will allow the company to expand its current machining, injection molding and engineering and design operations, as well as explore other business opportunities from existing and new customers.
“Precision and execution is what separates the best from the rest,” said Eric Doden, president of the Indiana Economic Development Corporation. “Indiana has created an environment for businesses to thrive with a strong infrastructure, business-friendly taxes and a workforce ready to tackle any challenge. S&J Precision grew out of the bold execution of two entrepreneurs, the support of the local community and the skill of the Hoosier workforce. That’s what’s possible in a state that works.”
S&J Precision, which currently employs 34 full-time Indiana associates, plans to begin hiring CNC programmers, machine builders and engineers immediately. Interested applicants may apply by sending resumes to firstname.lastname@example.org.
“We decided to stay in southern Indiana because of the support from One Southern Indiana, the city of New Albany and the state of Indiana,” said Sheila Wallace, president of S&J Precision. “We felt like they all considered us as a valuable asset to the community and truly wanted us to be here. We have built the company with the strong work ethic of the people in this area and we feel like a part of the community.”
Founded in 1990, S&J Precision is a complete machine shop service company, offering services in manual and production machining, laser cutting, prototype work, jigs and fixtures, welding and automation and machinery building. Originally beginning operations in Steve and Sheila Wallace’s two-car garage, in 1996 the company’s rapid growth allowed them to purchase a 16,000 square-foot facility. The company then expanded its existing facility to 25,000 square feet in 2005, also adding a second 9,000 square-foot building. With its continued growth, its newest facility will allow for an expansion of up to 100,000 square feet in the future.
The Indiana Economic Development Corporation offered S&J Precision, Inc. up to $100,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Floyd County will consider additional incentives at the request of One Southern Indiana.
“The city of New Albany applauds S&J Precision for its growth here in our community,” said New Albany Mayor Jeff Gahan. “Each time a company expands it is further proof of our increasing economic base and thriving employment opportunities. We celebrate the success of S&J Precision.”
Earlier this year, Indiana placed its corporate income tax on a reduction schedule, which will ultimately fall to 4.9 percent. Along with enhanced abatement tools for communities, Indiana is reforming taxes to encourage small businesses like S&J Precision to growth and thrive.
About S&J Precision
S&J Precision, Inc. was founded in 1990 by Sheila and Steve Wallace in a two car garage at their residence in New Albany, IN. Since that time, they have expanded four times, continuously adding quality services of value to their customers. They are now a complete machine shop with laser cutting services and automation equipment.
At S&J Precision no job is too large, too small or too demanding. From prototype to production, they can meet your specific needs employing a wide variety of materials, from plastics to stainless steels. If you need prototype work to get a new product online, their inventory of materials and in-house heat treat facilities let their professionals provide you with the quick turnaround you need.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
Cheyenne, WY -- The dedication event of Microsoft’s zero-carbon, waste-to- energy-powered Data Plant on November 6 in Cheyenne marks an advancement in Wyoming’s position as a partner in innovation and advanced energy deployment.
Wyoming can now add biogas fuel cell power to its technology and energy portfolios.
“Growing Wyoming’s technology sector has been a priority and Wyoming is seeing results,” Governor Matt Mead said. “This alternative energy project is not only a zero-carbon data center, it is more. It is a laboratory for biogas and fuel cell research. Wyoming is on the cutting edge.”
Ontario, CN -- Ontario is partnering with Honda to make the company’s Alliston, Ontario plant one of the most innovative in North America, Premier Kathleen Wynne announced today. The partnership reinforces Ontario’s position as a global leader in auto manufacturing, and will support 4,000 highly skilled jobs at the plant and thousands more in the supply chain.
Honda will invest about $857 million over three years in leading-edge technologies for vehicle assembly and engine manufacturing, as well as worker training and research and development partnerships with Ontario universities and colleges. This project will make Honda’s Alliston operations a teaching plant for all other Honda facilities worldwide.
$1.3 million investment to result in an expected 248 new jobs
Columbia, SC -- A leader in fully integrated, secure and auditable reverse logistics solutions is establishing a facility to process consumer electronic returns in Cherokee County. The Recon Group, Inc. is investing $1.3 million to locate in Blacksburg, S.C., creating an expected 248 new jobs.
Incorporated in 2007 and headquartered in Miami, Fla., The Recon Group maintains a global reach with operations in the United States, Canada and China. Boasting a large repertoire of in-house developed Standard Operating Procedures, The Recon Group adopted the terminology of Intelligent Disposition, Smart Touch and Smart Returns to describe its offerings. With a client list including all big box consumer electronics retailers, the company excels in consumer electronics.
Vancouver, WA -- An advanced manufacturing facility is poised to be the first development in the Port of Vancouver USA’s Centennial Industrial Park (CIP), a prime light-industrial site in southwestern Clark County.
The port’s Board of Commissioners approved the sale of 9.6 acres in CIP to Maruichi Northwest in its regularly scheduled meeting Tuesday, Oct. 14.
Maruichi Northwest, a subsidiary of Maruichi American Corporation, plans to invest more than $30 million in land, facilities and equipment for a structural steel tubing mill. It expects to initially hire 20 to 25 workers to manufacture structural and ornamental steel components.
New Headquarters & Truck Maintenance Facility Buildings Already Underway in Rupert, Idaho
Rupert, ID -- WillTran Inc., a bulk liquids and ag commodities transportation company, will build a new headquarters and truck maintenance facility in the southern Idaho City of Rupert. Currently headquartered in Boise, Idaho, WillTran will expand its headquarters to Rupert, doubling their space. The Boise headquarters will remain as a satellite location.
WillTran moved from Rupert to Boise in the 1990’s due to lack of transport and logistic opportunity. Now with southern Idaho’s extensive and growing agriculture sector, business development and the need to accommodate local client’s logistic needs, WillTran’s Rupert facility will be an ideal location to better operate and reduce transportation costs.
In Lafayette Parish, 40,000-square-foot expansion to result in 90 new direct jobs, 200 new indirect jobs, 77 construction jobs
Scott, LA -- Gov. Bobby Jindal and DEL Corporation President Bob Kulbeth announced a $4.3 million, 40,000-square-foot expansion of the company’s manufacturing facility in Scott. The expanded facility will result in increased efficiency and production capacity at the plant and will create 90 new direct jobs with an average annual salary of $62,600, plus benefits. The company also will retain 50 existing jobs, and Louisiana Economic Development estimates the project will result in an additional 200 new indirect jobs, for a total of 290 new jobs in the state. The company estimates 77 construction jobs will be generated during the building phase.