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 Economic Development News 
Wednesday, December 31 2014

Montgomery, AL -- Lieutenant Governor Kay Ivey on Monday began serving as Interim Chair of the Aerospace States Association, fulfilling the term of Alaska Lieutenant Governor Mead Treadwell. Lt. Governor Ivey previously served as Vice Chair of ASA for over three years.

The Aerospace States Association is a nonpartisan organization of Lieutenant Governors that represents states’ interests in federal aerospace and aviation policy development. ASA advocates on behalf of all 50 states for research and design funding, workforce training, economic development in aerospace and aviation, science, technology, engineering and math (STEM) education, and keeping states competitive in a global marketplace.

Posted by: Expansion Solutions Magazine AT 11:46 am   |  Permalink   |  Email
Tuesday, December 30 2014

Treated wood products manufacturer investing $11.2 million in expansion
Columbia, SC -- Cox Industries, Inc., a leading manufacturer and distributor of treated outdoor wood products, is expanding its Orangeburg County operations. The company is investing $11.2 million to expand and upgrade its facilities in Eutawville, Bowman, Orangeburg and Branchville, S.C. The investment is expected to create 60 new jobs over the next five years.
Founded in 1954 and headquartered in Orangeburg, S.C., Cox operates 14 manufacturing facilities and more than 10 distribution yards east of the Mississippi River.  With operations in 10 states, the company employs more than 400 workers. In 2012, Cox Industries was recognized by the South Carolina Manufacturers Alliance, receiving the organization’s Excellence in Corporate Responsibility Award. Among the company’s quality products are decks, fences, utility poles, docks, retaining walls and other specialty items.

Posted by: Expansion Solutions Magazine AT 03:02 pm   |  Permalink   |  Email
Tuesday, December 30 2014
Port Freeport Announces Construction of a New Administration Building

PHOTO CUTLINE: Photo renderings of new Port Freeport Administration Building.

Freeport, TX -- Port Freeport will have a new administration building set to be completed by early 2016.  The new three-story, 20,000 sq. ft. administration building will be located at the corner of Cherry Street and State Highway 288 in Freeport, Texas.  The entire facility is a tilt-wall panel building that will complement the recently completed Emergency Operations Center located near the main entry gate to Port Freeport. “We look forward to providing a positive and productive work environment for our employees,” said Glenn Carlson Executive Port Director/CEO.  Chief Financial Officer, Jeff Strader added, “No debt will incur with the constructing and furnishing of the facility, but will funded instead through a combination of current operating cash flow and investment holdings.”

Posted by: Expansion Solutions Magazine AT 11:44 am   |  Permalink   |  Email
Wednesday, December 17 2014

Company to invest $2 million, create 20 new jobs
Lowell, AR -- Wachter Inc., a leading national provider of electrical, data, communications, automation and other building systems, today announced it is expanding its facility in Lowell, Arkansas. The company plans to invest $2 million in the expansion and add 20 new jobs, bringing total employment at the facility to 260. 

The expansion of the Lowell facility is necessary due to Wachter’s continued growth, both locally and nationally, over the years.

Posted by: Expansion Solutions Magazine AT 09:00 am   |  Permalink   |  Email
Monday, December 15 2014

Leesburg, VA -- K2M Group Holdings Inc., a medical device company, will relocate its headquarters and research and development operations to a new 146,000-square-foot facility in Leesburg.

The approximately $28 million expansion project is expected to create 97 jobs and retain 268 positions.

The company has operated in Leesburg for 10 years.

Posted by: Expansion Solutions Magazine AT 10:06 am   |  Permalink   |  Email
Tuesday, December 09 2014

Denver, CO -- WorldRemit, a London-based financial services firm, announced today the opening of its new North American headquarters and operations center in Denver in early 2015.

The office will open in January, with a staff of 100 anticipated by December 2015. WorldRemit projects its Denver staff to grow to 218 total jobs within five years.

“Denver’s position as a top city for business, startups and innovation continues to grow fervently thanks to leading firms like WorldRemit that choose to locate here,” said Denver Mayor Michael B. Hancock. “We’re extremely proud to welcome another top-notch financial tech firm, providing a growing base of primary jobs to fuel our economy.”

Posted by: Expansion Solutions Magazine AT 11:14 am   |  Permalink   |  Email
Friday, December 05 2014

Livingston Parish expansion to result in more than 190 new direct and indirect jobs

Walker, LA -- Gov. Bobby Jindal and Oxlean Manufacturing LLC President and CEO Dale Huval announced the company will invest $2.1 million to expand and modernize the steel fabrication facility it acquired in Walker earlier this year. Oxlean, which is retaining 27 existing jobs, will create 73 new jobs at the facility with an average annual salary of $55,000, plus benefits. Louisiana Economic Development estimates the expansion will result in an additional 122 new indirect jobs, for a total of more than 190 new jobs in Livingston Parish and the Capital Region.

The new project will include the installation of advanced robotic technology, along with the use of affiliated, sophisticated software to expand and modernize the company’s production of steel products.

Posted by: Expansion Solutions Magazine AT 03:42 pm   |  Permalink   |  Email
Friday, December 05 2014
Glanbia Foods Announces $82 Million Expansion Project in Southern Idaho

The expansion will create 50 new jobs at Glanbia’s Twin Falls and Gooding locations
Twin Falls, ID -- Glanbia Foods, the world’s largest American-style cheese manufacturer and one of the largest whey ingredient producers, has announced a major expansion to their manufacturing and production plants in Gooding and Twin Falls, projecting an $82 million investment and creating up to 50 new jobs.

Commenting on the expansion, Daragh Maccabee, Executive Vice President and CFO of Glanbia Foods, Inc. said “this expansion is strongly aligned with our strategy of adding further value to our whey stream” and went on to say that “the company considered various options and locations for these new activities but ultimately came to the conclusion that Idaho was the right location. We have a long track record in Idaho and the support of the State and local communities was instrumental in our choice of Idaho for renewed expansion.”

Posted by: Expansion Solutions Magazine AT 10:40 am   |  Permalink   |  Email
Thursday, December 04 2014

Businesses in Georgia, Alabama, South Carolina, Mississippi and Tennessee will benefit

Atlanta, GA -- The Georgia Manufacturing Extension Partnership (GaMEP) is receiving $250,000 in federal funds to pilot a regional business-to-business network project in the automobile supplier and technology sectors.

The dots on the map represent all the automotive-related manufacturing operations in Georgia. Collectively, the sector employs more than 18,000 people.

The grant for the project is part of $2.5 million in awards the U.S. Commerce Department’s National Institute of Standards and Technology (NIST) gave to 10 MEPs across the country.

Each pilot is structured to help create networks of buyers and sellers of technologies, products, and services. The main goals are to have such networks support small- and medium-sized businesses and determine whether those pilots can be expanded nationally.

“One of NIST-MEP’s goals is to improve the productivity of our domestic supply chains,” said Acting Under Secretary of Commerce for Standards and Technology and Acting NIST Director Willie May in a statement. “These projects will demonstrate a variety of innovative approaches to doing that by connecting small firms with larger corporations.”

GaMEP, a federally and state-funded unit of Georgia Tech's Enterprise Innovation Institute, works extensively with businesses across the state to reduce costs, increase productivity and revenue, incorporate best technological practices, and save or create jobs.

GaMEP’s pilot covers five southeastern states — Georgia, Alabama, South Carolina, Mississippi, and Tennessee. The aim is to build a multi-state network that will include supply chain partners, technology solutions, and workforce development related to the automotive industry.

The automotive sector has flourished in the Southeast with European and Asian automakers flocking across the region during the last 15 years to build manufacturing plants:

  •     Kia Motors to West Point, Ga. (Though it doesn’t manufacture vehicles here, Porsche’s North American headquarters is in Atlanta with 272 employees.)
  •     Hyundai, Honda, and Daimler AG’s Mercedes-Benz brand to Alabama
  •     BMW to South Carolina
  •     Nissan to Mississippi
  •     Nissan, Volkswagen, and America’s own General Motors Corp. to Tennessee

All of that activity has led to the robust growth of automotive suppliers and related businesses to support core automobile manufacturing, as well as jobs.

Georgia — which also has Blue Bird, the Fort Valley-based school bus maker — has 250 companies in the automotive supplier manufacturing sector. Collectively, they employ 18,000, Georgia Department of Economic Development figures show.

The Kia plant alone supports 7,000 supplier jobs. That’s more than double the 3,100 employees Kia has at its own auto plant.

“GaMEP is proud to have been named one of the 10 MEPs to receive this award to extend our work accelerating technology adoption along the automotive supply chain in the Southeast,” said GaMEP Director Karen J. Fite. “With this network, Georgia automotive suppliers will be able to grow their business and create new jobs.”

Written by Péralte C. Paul

Contact Information:

Laura Diamond
Georgia Tech Media Relations
404-894-6016 -

Posted by: Expansion Solutions Magazine AT 03:46 pm   |  Permalink   |  Email
Thursday, December 04 2014

Italian-owned company establishing first U.S. production line

Hebron, KY -- LieutenantLt. Gov. Luallen Celebrates Bonfiglioli USA Expansion in Hebron
Italian-owned company establishing first U.S. production line Governor Crit Luallen today joined company officials and local leaders to cut the ribbon on Bonfiglioli USA’s expansion in northern Kentucky.

Bonfiglioli USA, a leader in power transmission for mobile and self-propelled machines, is opening its first U.S. production line. The Hebron facility, which also serves as the company’s North American headquarters, is expected to create up to 42 new jobs.

Gov. Steve Beshear applauded the project. “Bonfiglioli has found a successful home here in northern Kentucky. We’re proud to have the company’s first manufacturing line in the U.S., and especially happy to see this expansion,” said Gov. Beshear. “Kentucky continues to set the standard for advanced manufacturing, and companies such as Bonfiglioli are a big reason why.”

Posted by: Expansion Solutions Magazine AT 11:49 am   |  Permalink   |  Email
Wednesday, December 03 2014

Japanese-owned heat transfer manufacturer to increase production, add 200 jobs

Hopkinsville, KY -- Lieutenant Governor Crit Luallen today joined company officials and local leaders to break ground on T.RAD North America Inc.’s expansion in Christian County. 
T.RAD, a Japanese-owned heat transfer manufacturer, is expected to create 200 jobs and invest $25 million. 

Gov. Steve Beshear applauded the expansion. “T.RAD North America is a valuable asset to western Kentucky and our thriving automotive industry,” said Gov. Beshear. “We’re proud to be part of the growth and success we’re seeing today. The Commonwealth takes great pride in partnering with local businesses to help keep them competitive and prosperous right here in the Bluegrass.”

Posted by: Expansion Solutions Magazine AT 09:51 am   |  Permalink   |  Email
Wednesday, December 03 2014

Second, third sites receive designation designed to boost industrial property inventory, attract jobs

Bowling Green, KY -- Lieutenant Governor Crit Luallen today joined community leaders to announce that two industrial sites located at the Kentucky Transpark in Bowling Green will be officially certified under Kentucky’s new Build-Ready program.

Build-Ready, launched by the Kentucky Cabinet for Economic Development earlier this year, is a cost-effective way for communities to distinguish their list of available industrial sites to meet the needs of today’s site selectors. 

“It’s very exciting to see more and more communities utilizing the Build-Ready program,” said Gov. Beshear. “I’m confident today’s Build-Ready designations will attract more businesses and jobs to Bowling Green.”

Posted by: Expansion Solutions Magazine AT 09:23 am   |  Permalink   |  Email
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