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Wednesday, April 30 2014

Jason Pfaff of IO -- Data Center Manager of the year

AFCOM -- Jason Pfaff, V.P. of North America DCaaS at IO was awarded the "Data Center Manager of the Year" at Data Center World Global Conference in Las Vegas, Nevada.

With over 15 years of data-center knowledge and experience, Pfaff has been in directly involved with planning, analysis, design, implementation, and operations of the 1.5 million sq. ft. facility using up to 175 megawatts. He has continued to be a leader for modular developments in the data center world along with managing all of North America for IO.

Preceding to IO, he worked for Digital Realty Trust and Sterling Network Exchange.  

Posted by: Expansion Solutions Magazine AT 12:03 pm   |  Permalink   |  Email
Wednesday, April 30 2014

Company will deliver technology solutions as an anchor tenant of the University of Louisiana at Lafayette’s Research Park; state-supported higher education initiative will expand computer science programs at the University of Louisiana at Lafayette

Lafayette, LA -- Today, Gov. Bobby Jindal and CGI executive Dr. James Peake announced the company’s selection of the University of Louisiana at Lafayette’s Research Park for the establishment of a technology center that will create 400 direct jobs. The technology center, which will become an anchor tenant of the 143-acre Research Park, will develop complex business and IT solutions for clients seeking services from a technology partner that shares a common time zone, language and understanding of client business operations. CGI selected Lafayette after a nearly two-year site-selection process during which many locations across the country were considered.

Following projects such as GE Capital in New Orleans, IBM in Baton Rouge, La., CSC in Bossier City, La., and the earlier CenturyLink expansion in Monroe, La., this latest project establishes another higher education investment to deliver a significantly higher number of graduates in computer science and related quantitative-intense fields for the company and other employers in the region. A key part of the project includes a state-funded, 10-year, $4.5 million higher education initiative led by UL Lafayette that will result in a tripling of the number of undergraduate degrees awarded annually by the university’s School of Computing and Informatics. That growth is anticipated to place the university’s computer science program among the Top 25 such programs nationally for the number of bachelor’s degrees awarded annually.

Posted by: Expansion Solutions Magazine AT 09:34 am   |  Permalink   |  Email
Tuesday, April 29 2014

ABC Group Inc. is refocusing its growth efforts in Mexico and Tennessee following the sale of its fuel systems business.

State Development Investment Corp. of Beijing, a major investor in Yapp Automotive Parts Co. Ltd., announced it purchased 100 percent of ABC Group Fuel Systems Inc. and its Gallatin, Tenn., plant for an undisclosed amount.

SDIC’s purchase came through its Rongshi International Holding Co. Ltd.

Yapp is the biggest plastic fuel tank maker in China, holding 50 percent of the market share, according to SDIC’s website. Yapp and ABC formed a strategic alliance in 2010 to marry Yapp’s strength in China with ABC’s North American presence; the sale was the next logical step, said Mary Anne Bueschkens, who sits on the board of Toronto-based ABC.

“We had been global alliance partners, but eventually we needed to make something more meaningful, I think, for the customers. The customers were looking for something more connected,” Bueschkens said.

Posted by: Expansion Solutions AT 02:45 pm   |  Permalink   |  Email
Monday, April 28 2014

Homegrown Global Tech Giant to Double Its Workforce in Ontario

Ontario, Canada is partnering with technology leader OpenText, a made-in-Ontario success story, to support the company’s expansion and create as many as 1,200 jobs.

Waterloo-based OpenText – a powerhouse in Enterprise Information Management software and Canada’s largest software company – will carry out its key research and development work on cloud computing in Ontario. OpenText will invest up to $2 billion in its Ontario operations, supported by a provincial grant of up to $120 million.

OpenText will be hiring in the Waterloo Region, Toronto, Richmond Hill, Peterborough, Kingston and Ottawa. The jobs will include high-value research and development positions and in marketing, human resources, accounting and facilities management. Through this project, OpenText will expand its workforce in Ontario to more than 2,400.

Posted by: Expansion Solutions AT 08:47 am   |  Permalink   |  Email
Friday, April 25 2014

Georgetown grows 10 percent fiscal year to date

Charleston, SC -- Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,616 boxes, totaling 692,338 pier containers fiscal year to date.

"March is traditionally a seasonally strong month," said Jim Newsome, SCPA president and CEO. "The SCPA saw an 11 percent year over year increase in pier container volumes for the month, with growth of both import and export cargo. We expect April to be a strong month as well."

In March, the Port handled 150,516 TEUs, or 20-foot equivalent units, a 10 percent increase over the same month last year. TEU volume is up 5.3 percent fiscal year over year, with 1.2 million TEUs handled since July 1. The Port continues to grow above the market average.

Posted by: Expansion Solutions Magazine AT 10:18 am   |  Permalink   |  Email
Thursday, April 24 2014

Company’s fourth U.S. location in Kenner, La., will create 320 new direct jobs in greater New Orleans

Kenner, LA -- Today, Gov. Bobby Jindal and 4th Source Inc. CEO Michael Wedge announced the software development and information technology company will relocate its corporate headquarters from the Atlanta area to greater New Orleans, where 4th Source also will establish its fourth U.S. office delivering near-shore technology and IT services.

The project will create 320 new direct jobs in Louisiana, with an average annual salary of $50,000, plus benefits. LED estimates the project will result in an additional 412 new indirect jobs, for a total of 732 new jobs. Founded in 2004, 4th Source specializes in providing technology solutions for the healthcare, financial and software industries. In Kenner, the company will continue developing new business in those industries.

Posted by: Expansion Solutions AT 02:44 pm   |  Permalink   |  Email
Thursday, April 24 2014

Investment would create 65 new direct jobs at nation’s third-largest refinery in Garyville, La.

Baton Rouge, LA -- Today, Gov. Bobby Jindal and Marathon Petroleum Corporation announced the company is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery. The company plans to file permit applications for the potential project with Louisiana’s Department of Environmental Quality at the end of April. After completing feasibility studies, Marathon Petroleum expects to make a final decision on the project by early 2015. If approved, the project would result in hydrotreating, hydrocracking and desulfurization equipment installations, along with additional infrastructure that would include buildings, tanks, cooling towers, and rail and electrical facilities.

The project would create 65 new direct jobs with an average annual salary of $115,000 per year, plus benefits, at the 522,000-barrel-per-day Marathon Petroleum site, which is the largest refinery in Louisiana and the third-largest in the U.S. Louisiana Economic Development estimates the project would result in an additional 304 new indirect jobs, for a total of more than 360 new jobs. Among those jobs would be 35 new contractor employees at the refinery. In addition, the company estimates development of the project would result in 3,000 new construction jobs during the multiyear construction phase. The new jobs would be in addition to the refinery’s existing workforce of 800 Marathon Petroleum employees and 650 contract workers.

Gov. Jindal said, “Never before in our state’s history have we seen such extraordinary gains in petroleum-refining technology complemented by favorable oil and gas economics and the most rapidly improving business climate in America – and it’s all happening here in Louisiana. We’re proud that Marathon Petroleum recognizes the unique strengths that Louisiana offers in all of these areas and that the company is capitalizing on this historic opportunity to redefine what leadership looks like in the vitally important energy sector. Most of all, we’re grateful to the men and women who make up the most talented energy workforce in the world and for their ongoing contributions to our state’s economy and prosperity. This latest project proposed by Marathon Petroleum represents yet another opportunity to assert Louisiana’s leadership role as the next great state for business investment and energy growth.”

Described by Marathon Petroleum as a Residual Oil Upgrade Expansion, or ROUX, the capital investment would enable the company to convert a byproduct of the refining process – heavy residual oil – into approximately 1.2 million gallons per day of ultra low-sulfur diesel at Garyville. The ROUX project would follow Marathon Petroleum’s $3.9 billion refinery expansion in Garyville, which represented one of the largest manufacturing projects in Louisiana history upon its completion in late 2009. Since that time, the Garyville refinery has more than doubled its refining capacity.

“As part of the ongoing feasibility study, Marathon Petroleum is pleased to be taking this next step of submitting the permit applications for the Residual Oil Upgrade Expansion at our Garyville facility,” said Rich Bedell, the company’s senior vice president for Refining. “We have been diligently working with the state and local officials concerning the various milestones for a project of this size. If the company decides to move forward, it is anticipated that the construction would begin mid-2015 and be completed in 2018. In addition to the potential refinery jobs, we would estimate that approximately 3,000 construction jobs will be created during the construction phase.”

Should Marathon Petroleum move forward with the project, LED would offer a customized incentive package to the company, including a performance-based Modernization Tax Credit of $3 million, along with the services of LED FastStart®, ranked the No. 1 state workforce training program in nation. In addition, the company would utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“Marathon Petroleum is a valued community partner and we are excited that they are exploring new opportunities to expand in St. John the Baptist Parish,” said Parish President Natalie Robottom. “We are proud that the third-largest oil refinery in the country calls St. John Parish home and we look forward to working with them as they continue to invest in our community. Job creation and economic development remain a focus of my administration and this announcement addresses both issues simultaneously.”

About Marathon Petroleum Corporation
MPC is the nation’s fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,200 independently owned retail outlets across 18 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's fourth-largest convenience store chain, with approximately 1,480 convenience stores in nine states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC’s fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company’s distribution network in the Midwest, Southeast and Gulf Coast regions. For more information, visit marathonpetroleum.com.

Posted by: Expansion Solutions Magazine AT 09:46 am   |  Permalink   |  Email
Thursday, April 24 2014

Investment would create 65 new direct jobs at nation’s third-largest refinery in Garyville, La.

Baton Rouge, LA -- Today, Gov. Bobby Jindal and Marathon Petroleum Corporation announced the company is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery. The company plans to file permit applications for the potential project with Louisiana’s Department of Environmental Quality at the end of April. After completing feasibility studies, Marathon Petroleum expects to make a final decision on the project by early 2015. If approved, the project would result in hydrotreating, hydrocracking and desulfurization equipment installations, along with additional infrastructure that would include buildings, tanks, cooling towers, and rail and electrical facilities.

The project would create 65 new direct jobs with an average annual salary of $115,000 per year, plus benefits, at the 522,000-barrel-per-day Marathon Petroleum site, which is the largest refinery in Louisiana and the third-largest in the U.S. Louisiana Economic Development estimates the project would result in an additional 304 new indirect jobs, for a total of more than 360 new jobs. Among those jobs would be 35 new contractor employees at the refinery. In addition, the company estimates development of the project would result in 3,000 new construction jobs during the multiyear construction phase. The new jobs would be in addition to the refinery’s existing workforce of 800 Marathon Petroleum employees and 650 contract workers.

Gov. Jindal said, “Never before in our state’s history have we seen such extraordinary gains in petroleum-refining technology complemented by favorable oil and gas economics and the most rapidly improving business climate in America – and it’s all happening here in Louisiana. We’re proud that Marathon Petroleum recognizes the unique strengths that Louisiana offers in all of these areas and that the company is capitalizing on this historic opportunity to redefine what leadership looks like in the vitally important energy sector. Most of all, we’re grateful to the men and women who make up the most talented energy workforce in the world and for their ongoing contributions to our state’s economy and prosperity. This latest project proposed by Marathon Petroleum represents yet another opportunity to assert Louisiana’s leadership role as the next great state for business investment and energy growth.”

Described by Marathon Petroleum as a Residual Oil Upgrade Expansion, or ROUX, the capital investment would enable the company to convert a byproduct of the refining process – heavy residual oil – into approximately 1.2 million gallons per day of ultra low-sulfur diesel at Garyville. The ROUX project would follow Marathon Petroleum’s $3.9 billion refinery expansion in Garyville, which represented one of the largest manufacturing projects in Louisiana history upon its completion in late 2009. Since that time, the Garyville refinery has more than doubled its refining capacity.

“As part of the ongoing feasibility study, Marathon Petroleum is pleased to be taking this next step of submitting the permit applications for the Residual Oil Upgrade Expansion at our Garyville facility,” said Rich Bedell, the company’s senior vice president for Refining. “We have been diligently working with the state and local officials concerning the various milestones for a project of this size. If the company decides to move forward, it is anticipated that the construction would begin mid-2015 and be completed in 2018. In addition to the potential refinery jobs, we would estimate that approximately 3,000 construction jobs will be created during the construction phase.”

Should Marathon Petroleum move forward with the project, LED would offer a customized incentive package to the company, including a performance-based Modernization Tax Credit of $3 million, along with the services of LED FastStart®, ranked the No. 1 state workforce training program in nation. In addition, the company would utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“Marathon Petroleum is a valued community partner and we are excited that they are exploring new opportunities to expand in St. John the Baptist Parish,” said Parish President Natalie Robottom. “We are proud that the third-largest oil refinery in the country calls St. John Parish home and we look forward to working with them as they continue to invest in our community. Job creation and economic development remain a focus of my administration and this announcement addresses both issues simultaneously.”

About Marathon Petroleum Corporation
MPC is the nation’s fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,200 independently owned retail outlets across 18 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's fourth-largest convenience store chain, with approximately 1,480 convenience stores in nine states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC’s fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company’s distribution network in the Midwest, Southeast and Gulf Coast regions. For more information, visit marathonpetroleum.com.

Posted by: Expansion Solutions Magazine AT 09:46 am   |  Permalink   |  Email
Thursday, April 24 2014

Investment would create 65 new direct jobs at nation’s third-largest refinery in Garyville, La.

Baton Rouge, LA -- Today, Gov. Bobby Jindal and Marathon Petroleum Corporation announced the company is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery. The company plans to file permit applications for the potential project with Louisiana’s Department of Environmental Quality at the end of April. After completing feasibility studies, Marathon Petroleum expects to make a final decision on the project by early 2015. If approved, the project would result in hydrotreating, hydrocracking and desulfurization equipment installations, along with additional infrastructure that would include buildings, tanks, cooling towers, and rail and electrical facilities.

The project would create 65 new direct jobs with an average annual salary of $115,000 per year, plus benefits, at the 522,000-barrel-per-day Marathon Petroleum site, which is the largest refinery in Louisiana and the third-largest in the U.S. Louisiana Economic Development estimates the project would result in an additional 304 new indirect jobs, for a total of more than 360 new jobs. Among those jobs would be 35 new contractor employees at the refinery. In addition, the company estimates development of the project would result in 3,000 new construction jobs during the multiyear construction phase. The new jobs would be in addition to the refinery’s existing workforce of 800 Marathon Petroleum employees and 650 contract workers.

Gov. Jindal said, “Never before in our state’s history have we seen such extraordinary gains in petroleum-refining technology complemented by favorable oil and gas economics and the most rapidly improving business climate in America – and it’s all happening here in Louisiana. We’re proud that Marathon Petroleum recognizes the unique strengths that Louisiana offers in all of these areas and that the company is capitalizing on this historic opportunity to redefine what leadership looks like in the vitally important energy sector. Most of all, we’re grateful to the men and women who make up the most talented energy workforce in the world and for their ongoing contributions to our state’s economy and prosperity. This latest project proposed by Marathon Petroleum represents yet another opportunity to assert Louisiana’s leadership role as the next great state for business investment and energy growth.”

Described by Marathon Petroleum as a Residual Oil Upgrade Expansion, or ROUX, the capital investment would enable the company to convert a byproduct of the refining process – heavy residual oil – into approximately 1.2 million gallons per day of ultra low-sulfur diesel at Garyville. The ROUX project would follow Marathon Petroleum’s $3.9 billion refinery expansion in Garyville, which represented one of the largest manufacturing projects in Louisiana history upon its completion in late 2009. Since that time, the Garyville refinery has more than doubled its refining capacity.

“As part of the ongoing feasibility study, Marathon Petroleum is pleased to be taking this next step of submitting the permit applications for the Residual Oil Upgrade Expansion at our Garyville facility,” said Rich Bedell, the company’s senior vice president for Refining. “We have been diligently working with the state and local officials concerning the various milestones for a project of this size. If the company decides to move forward, it is anticipated that the construction would begin mid-2015 and be completed in 2018. In addition to the potential refinery jobs, we would estimate that approximately 3,000 construction jobs will be created during the construction phase.”

Should Marathon Petroleum move forward with the project, LED would offer a customized incentive package to the company, including a performance-based Modernization Tax Credit of $3 million, along with the services of LED FastStart®, ranked the No. 1 state workforce training program in nation. In addition, the company would utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“Marathon Petroleum is a valued community partner and we are excited that they are exploring new opportunities to expand in St. John the Baptist Parish,” said Parish President Natalie Robottom. “We are proud that the third-largest oil refinery in the country calls St. John Parish home and we look forward to working with them as they continue to invest in our community. Job creation and economic development remain a focus of my administration and this announcement addresses both issues simultaneously.”

About Marathon Petroleum Corporation
MPC is the nation’s fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,200 independently owned retail outlets across 18 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's fourth-largest convenience store chain, with approximately 1,480 convenience stores in nine states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC’s fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company’s distribution network in the Midwest, Southeast and Gulf Coast regions. For more information, visit marathonpetroleum.com.

Posted by: Expansion Solutions Magazine AT 09:46 am   |  Permalink   |  Email
Wednesday, April 23 2014

Leading SaaS transportation management system provider initiates operation in Brazil to increase presence in Latin America

Evanston, Ill. and Utrecht, the Netherlands -- Eyefreight (www.eyefreight.com), a provider of SaaS transportation management system (TMS) technology, today announced it has begun expansion in Brazil with the hiring of Luiz Martins who will serve as sales director for Latin America, helping Eyefreight amplify its reach in the region with local commercial and implementation capabilities. This initiative follows Eyefreight’s recent North American expansion, setting up U.S. headquarters in Evanston, Ill. for one of the fastest growing TMS providers in Europe.

“Eyefreight understands the strategic importance and complexity of the Latin American supply chain economy and sees Brazil as the center of the rapid growth occurring across the region,” said Ken Fleming, CEO of Eyefreight. “Luiz’s experience in the field, his knowledge of the transportation management space in Brazil and his sales expertise provide a critical foundation for Eyefreight to build upon in the Latin American market.”

Posted by: Expansion Solutions AT 02:52 pm   |  Permalink   |  Email
Wednesday, April 23 2014

“High Tech HBI Facility to Begin Construction at Port Corpus Christi”
 
Corpus Christi< TX -- voestalpine Texas will celebrate the ground breaking of a US $740 million Hot Briquetted Iron (HBI) facility at Port Corpus Christi’s La Quinta Trade Gateway on Wednesday, April 23, 2014.  The event will be held from 11:30 AM to 2 PM at the La Quinta Trade Gateway, located at 4832 HWY. 181, Portland, Texas. 

The Austrian steel and technology group, voestalpine, will break ground on their largest foreign direct investment project to date at Port Corpus Christi’s La Quinta Trade Gateway.  The facility will produce high quality HBI.  HBI is a key material in the raw steel making process. Approximately 1000 jobs are anticipated to be created during construction of the facility.  Once operational, voestalpine Texas will employ 150 full time staff. 

“As South Texas continues to emerge as the energy hub of the United States, Port Corpus Christi continues to develop strategic partnerships with the world’s leading entities.  We are honored to be selected by voestalpine for their HBI production plant.  voestalpine’s desire to be good stewards of our environment while creating great jobs, and bringing more recognition to South Texas is something that we are proud to stand behind.” Said Judy Hawley, Port Corpus Christi Commission Chair.

The Corpus Christi area was chosen to be a part of voestalpine’s international growth strategy due to ease of logistics at Port Corpus Christi; abundant energy from natural gas supplied by South Texas’ Eagle Ford Shale; a highly skilled workforce; and political stability. The property on Port Corpus Christi’s La Quinta Ship Channel offers deep water ship access for large vessels with excellent highway and rail service. 

The voestalpine Texas facility will produce approximately two million tons of high-quality HBI annually using natural gas as a reduction agent in the direct reduction process.  Approximately half of the HBI will be exported to voestalpine’s plants in Linz and Donawitz, Austria for the production of steel.  The rest will be procured by international customers, and to supply voestalpine’s strategic reserves.
             
WHAT: voestalpine, Texas Groundbreaking Ceremony
WHEN: Wednesday, April 23,2014 11:30AM – 2PM
WHERE: La Quinta Trade Gateway; 4832 HWY. 181, Portland, Texas
 
About Port Corpus Christi
As the primary economic engine of the Coastal Bend, Port Corpus Christi is the 5th largest port in the United States in total tonnage. The Port’s mission statement is to “serve as a regional economic development catalyst while protecting and enhancing its existing industrial base and simultaneously working to diversify its international maritime cargo business.”  Strategically located on the western Gulf of Mexico, with a straight, 45’ deep channel, the Port provides quick access to the Gulf and the entire United States inland waterway system. The Port delivers outstanding access to overland transportation with on-site and direct connections to three Class-1 railroads and uncongested interstate and state highways. The Port is protected by a state-of-the-art security department and an award-winning Environmental Management System. With outstanding management and operations staff, Port Corpus Christi is clearly “The Port of the Lone Star State.” http://www.portofcorpuschristi.com

Port Corpus Christi is a member of START (South Texas Alliance for Regional Trade), a collaborative effort that highlights business opportunities in South Texas in the manufacturing, energy, aerospace, international trade, military and other sectors and the related strategic support provided by Port San Antonio, Port Corpus Christi and Port Laredo. http://www.southtexastrade.com

Posted by: Expansion Solutions Magazine AT 10:19 am   |  Permalink   |  Email
Wednesday, April 16 2014

Laredo, TX -- Susana Valencia, chairman of the Vision 2014 Conference Planning Committee for the Laredo Chamber of Commerce, announced today that the 2014 Visionary Award is to be presented posthumously to Daniel B. Hastings, Jr.  Members of his family will receive the award on Hastings’ behalf.  The Visionary recognition is presented to an individual who has impacted the region’s growth and development, both as a representative of his/her industry and in an altruistic way.  In making the announcement, Valencia stated, “One possibly can’t mention this city’s international trade industry without mentioning Hasting’s name in the same breath.  He truly was a visionary – but, more than that, he was a true ambassador for this community.”

Presentation of the award will take place during the luncheon of the Vision 2014 Economic Outlook Conference slated for May 14 of this year at the Laredo Country Club.  Valencia also noted in her announcement that Hastings’ nomination is timely since this year marks the 20TH anniversary of the initiation of NAFTA, a landmark treaty that launched Laredo’s journey as leading distribution and logistics center.  Already the conference planners are putting the final touches on the conference program, which will follow its annual half-day format and will address issues of extreme importance, such as the impact of Mexico’s reform on border industries and the continuing development of the Eagle Ford Shale.

Posted by: Expansion Solutions Magazine AT 12:02 pm   |  Permalink   |  Email
Tuesday, April 15 2014

Las Vegas, NV -- As economic development efforts in Nevada continue to evolve at the state and regional levels and through cooperative efforts between agencies, Ursem will transition from the Nevada Governor’s Office of Economic Development to lead business retention and expansion efforts in Southern Nevada, a new area of concentration for the LVGEA.
 
In his role, Ursem will employ his institutional knowledge and experience with regional and international businesses operating from Southern Nevada to explore undeveloped opportunities through regulatory, supply chain, and market development. He will conduct recurring familiarization tours to promote Southern Nevada’s business environment to out-of-state corporate decision makers.  He will also work with the office, commercial and industrial brokerage community to identify and support new business relocation efforts.

Posted by: Expansion Solutions Magazine AT 10:21 am   |  Permalink   |  Email
Tuesday, April 08 2014

Trenton, NJ -- Further enhancing the Christie Administration’s efforts to stimulate business growth and drive innovation in the State, the Board of the New Jersey Economic Development Authority (EDA) today approved assistance to encourage a diverse range of manufacturing and technology companies to remain and expand in New Jersey. 
 
“The Grow NJ and Angel investor Tax Credit programs have significantly improved New Jersey’s standing in these increasingly important segments of our economy,” said EDA Chief Executive Officer Michele Brown. 
 
Brown noted that since the EDA began accepting applications under the enhanced Grow NJ program last November, 23 projects have been awarded tax credits tied to the creation of nearly 2,900 new jobs and the retention of more than 2,580 “at-risk” jobs. Of the projects approved to date, nine awards included a bonus increase for being in the targeted industry of manufacturing and six included a bonus for being in the targeted industry of technology. 

Posted by: Expansion Solutions Magazine AT 12:06 pm   |  Permalink   |  Email
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