Skip to main content
#
 
rss feedemail usour twitterour facebook page pintrestlinkdin
Home
Economic Development News
Magazine
Conference & Expo List
Target Industry Directory 2018
Advertise With Us
About Us

Economic Development News

Wednesday, December 23 2015

Jackson, MS -- Officials from American Furniture announced today the company has expanded its footprint in Mississippi by locating manufacturing operations in Amory in Monroe County. The project represents a corporate investment of $560,000 and the creation of 140 jobs. American Furniture has existing manufacturing operations in Ecru, Miss., where the company has 757 employees.

For the expansion, American Furniture is locating six manufacturing lines in the 130,000-square-foot facility most recently occupied by Madison House Furniture. The company will also use part of the building for warehousing and distribution.

“Mississippi’s furniture manufacturing industry has experienced significant growth over the past year, and American Furniture’s expansion into Amory is a good indicator that momentum will continue in the coming year. Additionally, the company’s expansion speaks volumes about the state’s supportive business climate and skilled workforce,” Gov. Phil Bryant said. “I thank the American Furniture team for creating so many jobs for the residents of Monroe County and for their ongoing commitment to the state of Mississippi.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:38 am   |  Permalink   |  Email
Tuesday, December 22 2015

Expansion Solutions magazine hails region’s economic development success in food processing and transportation industries

Twin Falls, Idaho -- The Southern Idaho Economic Development Organization (SIEDO) has received two awards of excellence from Expansion Solutions magazine for its success in growing the food processing and transportation industries.

Expansion Solution’s annual “Top 5 Awards” recognize economic development organizations that have shown exceptional development progress between October 2014 and October 2015 by successfully recruiting, retaining and assisting growing businesses.  

“Expansion Solutions is honored to recognize the Southern Idaho Economic Development Organization with our Top 5 Award in Agribusiness/Food Processing and Transportation,” said Jeff Cornett, CEO and president of Expansion Solutions.  “Southern Idaho’s recent successes in the agribusiness and food processing recruitments and expansions have positioned SEIDO as a leader in the economic development industry.” 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:20 am   |  Permalink   |  Email
Friday, December 18 2015

Indianapolis, IN -– Heartland Food Products Group, a producer and marketer of low calorie sweeteners, drink mixes, coffee and nutritional beverages, announced plans to expand its operations here, creating up to 187 new jobs by 2020.

“Indiana is home to the highest concentration of manufacturing jobs in the country,” said Governor Mike Pence. “Every day, Hoosiers are making products – from cars and trucks to sweeteners and coffees – that are used around the world. Thanks to our state’s pro-growth economic climate and skilled workforce, companies like Heartland continue to choose Indiana for job creation because we are a state that works for business.”

Heartland will invest approximately $26 million to increase production capacity at its Indianapolis facility. In August, the Carmel-headquartered company announced plans to acquire the Splenda® low calorie sweetener brand from McNeil Nutritionals LLC, a subsidiary of Johnson & Johnson Consumer Inc. Significant work on the expansion is expected to commence during the first quarter of 2016.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 12:27 pm   |  Permalink   |  Email
Friday, December 18 2015

Waco, TX -- Time Manufacturing, headquartered in Waco since 1968, announces expansion plans for its truck-mounted hydraulic lift manufacturing operations in Waco, Texas. Time will invest $5.8 million to expand its facilities by 50,000-square-feet at Texas Central Parkway and add 121 jobs during the next four years.
 
The factory manufactures 20 to 25 aerial lifts per day, for a total of 3,500 to 4,000 units a year. The lifts are sold at dealerships throughout the U.S. and in Europe, Latin America and parts of Asia.
 
"We're putting people in the air," said Charles Wiley, president of Time Manufacturing. "So we have to have partners who understand what we do and the liability involved. We're putting a guy up there to work on a hot line. If the fiberglass doesn't work, that's not a small problem. If a cylinder doesn't work, that's not a small problem. We can control the welding and how cylinders are made."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:45 am   |  Permalink   |  Email
Thursday, December 17 2015

Through joint venture, Axiall and Lotte Chemical will invest in new ethane cracker facility; combined with new Lotte monoethylene glycol plant, more than 2,100 new direct and indirect jobs will result

Lake Charles, LA --Governor Bobby Jindal and Axiall Corp. and Lotte Chemical Corp. executives announced the companies will make a combined $3 billion capital investment in two new chemical manufacturing plants in Lake Charles. Axiall and Lotte, through a joint venture called LACC LLC, will make a $1.9 billion capital investment in a new ethane cracker facility beside Axiall’s current Lake Charles manufacturing plants in Calcasieu Parish. Additionally, Lotte will make a $1.1 billion capital investment in a new monoethylene glycol manufacturing plant on the same site.

Combined, the projects will create 215 new direct jobs, with the ethane cracker producing 135 new direct jobs with an average annual salary of $75,500, plus benefits, and the monoethylene glycol, or MEG, facility producing 80 new direct jobs with an average annual salary of $87,000, plus benefits. Louisiana Economic Development estimates the combined projects will result in 1,892 new indirect jobs, for a total of more than 2,100 new jobs in Southwest Louisiana. With its project, Axiall will retain 1,600 existing workers in the Lake Charles area, and the company estimates 2,000 construction jobs will be created at peak building activity for the new plants.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 05:17 pm   |  Permalink   |  Email
Thursday, December 17 2015

Memphis, TN -- Varco Pruden Buildings (VP) is pleased to announce that their national headquarters in Memphis, Tenn. was recognized a second time this year as a top place to work. The Memphis Commercial Appeal ranked VP in the top 10 Top Workplaces 2015 in the small size category (under 100 employees).

The Top Workplaces are determined based solely on employee feedback. The employee survey was conducted by WorkplaceDynamics, LLC, a leading research firm on organizational health and employee engagement. The survey criteria included topics on salary, benefits, employee engagement, and workplace environment.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:09 pm   |  Permalink   |  Email
Thursday, December 17 2015

Lincoln, NE -- Governor Pete Ricketts announced the appointment of Courtney Dentlinger as the next Director of the Department of Economic Development (DED).

“During the search for the next economic development director, we looked for someone with the ability to market Nebraska both nationally and globally, and Courtney is that person,” said Governor Pete Ricketts.  “Courtney will do an outstanding job working with our regional and statewide partners.  She understands Nebraska, and will endeavor tirelessly to recruit the businesses and investment we need to continue to grow good-paying jobs in our state for the next generation.”

Dentlinger, of Norfolk, currently works as the Executive Director of the Norfolk Area Economic Development Council.  In this position, she has built the new economic development department for the City of Norfolk from the ground up.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:01 pm   |  Permalink   |  Email
Thursday, December 17 2015

Waco, TX -- Coca-Cola Refreshments receives tax abatement incentive through the expansion of its Waco, Texas presence with a $13.3 million investment of a new blow-molding line for in-house production of bottles within its facility in the Texas Central Park. The facility will retain 327 permanent, full-time positions.
 
In addition to Coca-Cola establishing its first Waco manufacturing facility in 1995, Coca-Cola Enterprises constructed a 50,000-square-foot regional distribution center to supply the central Texas market in 2007. The expanded operations are a result of the company's continued growth in product demand and a long-established partnership with the city of Waco, McLennan County and the Waco Industrial Foundation.
 
"McLennan County is fortunate to have companies like Coca-Cola that want to invest here," said Judge Scott Felton, McLennan County Judge. "I believe this is due to having a great workforce that takes ownership in what they produce."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 03:52 pm   |  Permalink   |  Email
Tuesday, December 15 2015

Rockford, IL -- As part of the EDGE tax credit approval process reinstated by Governor Rauner, the Illinois Department of Commerce announced Taurus Die Casting LLC, an Italian manufacturer, will open its first U.S. based operation in Rockford, IL. Taurus Die Casting will create 37 full-time jobs through its $6.4 million investment in a 44,000 sf production facility, adding to current operations in Italy and Tunisia which employ 268 people. Taurus Die Casting is the manufacturer of high precision zinc die casted parts.

Taurus 80Taurus Die Casting is one of three companies to receive the EDGE tax credit for committing to create a total of 87 net new jobs and $27 million in capital investments in Illinois. All three companies considered moving operations to another state but chose to stay and grow in Illinois as a result of the state’s high quality workforce and competitive incentive packages.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:57 am   |  Permalink   |  Email
Tuesday, December 15 2015

Fort Smith, AR -- Mercy Clinic-Fort Smith announced a collaboration with the Arkansas Colleges of Health Education (ACHE) to construct a new $7.9 million, 13,500 square foot medical clinic on ACHE property, across the street from the proposed Arkansas College of Osteopathic Medicine in Chaffee Crossing, Barling, Ark. Architectural plans of the clinic include 28 exam rooms, x-ray, triage, laboratory and conference space to accommodate recently approved residency program training requirements. Preliminary employment numbers include eight physicians, three APNs and approximately 30 support staff. Mercy Clinic and ACHE have set aside ample property for expansion of additional Mercy facilities.

“Mercy Clinic couldn’t be prouder to be a part of this collaboration with the Arkansas Colleges of Health Education and the proposed Arkansas College of Osteopathic Medicine. Our foundress, Catherine McAuley, understood the importance of educating a new generation of men and women to care for those in need. She educated, trained and equipped her caregivers with the skills they needed to continue her mission. Today, that mission continues. Our newest clinic will not only care for the acute needs of patients in our community today, it will also be a teaching ground for a generation of students that will be the face of tomorrow’s health care. Mercy is honored to help prepare those who will someday care for our neighbors, parents, children and friends,” stated Cole Goodman, President of Mercy Clinic.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:19 am   |  Permalink   |  Email
Tuesday, December 15 2015

Vancouver, WA -- Boise Cascade Building Materials Distribution LLC has renewed its lease with the Port of Vancouver USA for at least another 12 years. The long-time port tenant will continue leasing 20 acres and 77,600 square feet of industrial space, and maintain employment for 53 full-time workers.

The lease was unanimously approved by the port’s Board of Commissioners during the board’s Dec. 8 regularly scheduled meeting.

“I’ve been involved with working with the port since the late (1980s), and it’s just been very rewarding,” said Jerry Gaukroger, Boise Cascade branch manager. “With the economic ups and downs that we’ve had over the years…you’ve been able to accommodate our growth, and on behalf of Boise Cascade, I’d like to say, ‘Thank you very much.’”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:10 am   |  Permalink   |  Email
Monday, December 14 2015

Company to add approximately 160 new jobs, invest $7.8 million

Batesville, AR -- Bad Boy Mowers today announced the company is expanding its operations in Batesville, investing approximately $7.8 million in a 68,000 square-foot property and 10 acres across from its existing almost 1 million square-foot, 29 acre facility, and adding approximately 160 new jobs in the future, which will bring its total employment to approximately 750.

The expansion is a result of an increase in demand for Bad Boy’s zero turn mower product line, as well as its sister company’s (Bad Boy Cutters) rotary cutter product line, as well as Bad Boy’s new accessory division, which will manufacture a variety of state of the art vehicle accessories.

Bad Boy Mowers began production in Batesville in 2002 in a 20,000 square-foot facility with 25 employees, and has experienced tremendous growth during its 13 years, and particularly in recent years, having averaged over 33% growth in each of the past two years.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:23 pm   |  Permalink   |  Email
Monday, December 14 2015

Wedgewood West is a six building park totaling 675,000 square feet of 30’ clear warehouse space in Frederick, Maryland
 
Frederick, MD -- Matan Companies is officially under construction on its new six building, 675,000 square foot Wedgewood West Business Park at the corner of New Design Road and English Muffin Way in Frederick, Maryland. 
 
Officials from Frederick County, Matan Companies, M&T Bank, and Morgan Keller, the project’s contracted construction company, held an official groundbreaking ceremony last week to celebrate the start of construction.
 
The first phase of the project, which is the construction of 180,000 square feet in two buildings (B & F), is projected to be completed in the summer of 2016. The remaining four buildings, which make up phase two, will begin delivery in early 2017.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:00 am   |  Permalink   |  Email
Friday, December 11 2015

Company cites Kentucky pro-business program in decision to move
            
Frankfort, KY -- In moving its offices to Lexington, nanoRANCH, parent company of a group of nanotechnology businesses, will invest $700,000 and create 35 jobs in Kentucky, Governor Matt Bevin and Lexington Mayor Jim Gray announced.

“I am delighted to announce the relocation of nanoRANCH’s headquarters to Lexington from Texas. We will continue to attract exciting new companies, jobs and investments as Kentucky moves forward,” said Gov. Bevin. “With its research aimed at improving the quality of life for people across the world, I expect nanoRANCH to flourish in the Commonwealth as it continues its innovative work. They are a great example of the thought leaders that we are actively seeking in Kentucky.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:25 pm   |  Permalink   |  Email
Friday, December 11 2015

Freeport, TX -- Port Freeport hosted its fourth annual golf tournament to help raise $30,000 for Texas Port Ministry.  “We had over one hundred forty golfers, most from the Freeport and Houston maritime transportation industry,” said Port Freeport Chief Financial Officer Jeff Strader.  
 
“Port Freeport continues its focus on supporting our community. The proceeds from the tournament benefits individuals that come into contact with our Port on a daily basis,” said Port Commission Chairman Ravi Singhania.  A check was presented to Texas Port Ministry Director Bobby Fuller at the Commission’s regular meeting.  “It was an honor to host the fourth annual tournament and be able to assist Texas Port Ministry in their mission.  I am proud of the staff and volunteers for making this event a huge success,” added Singhania.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:01 pm   |  Permalink   |  Email
Wednesday, December 09 2015

Solar array provides power for Harrison County

Lanesville, IN -- Officials from Harrison REMC dedicated a new solar farm near I-64 that will turn sunshine into electricity for homes and businesses throughout Harrison County.  

The 4,300-panel array is located in Georgetown, just north of the Georgetown/Lanesville Road exit on Interstate 64 and is capable of generating enough electricity to power about 150 homes annually. Harrison REMC worked alongside Hoosier Energy, the electric cooperative’s power supplier, to identify a prime location in the county for the array.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 03:35 pm   |  Permalink   |  Email
Tuesday, December 08 2015

Dongsung FineTec America’s project at Port of Lake Charles will support LNG projects, other industry

Lake Charles, LA -- Governor Bobby Jindal and Senior Vice President James Choi of Dongsung FineTec Co. Ltd. announced the company will create 250 new direct jobs and make a $5 million capital investment in a cryogenic insulation manufacturing facility in Lake Charles. Based in South Korea, Dongsung FineTec provides specialized high-performance insulation to liquefied natural gas plants and other industrial sites around the world. 

The company will create 250 new direct jobs with an average annual salary of $40,000, plus benefits. Louisiana Economic Development estimates the project will result in 492 new indirect jobs, for a total of more than 742 new jobs for Calcasieu Parish and surrounding areas. The project also is expected to generate an additional 20 construction jobs.

The company will lease an 11-acre site at the Port of Lake Charles’ Industrial Park East for its manufacturing complex. The site includes the former Spartech plastics compounding plant. The 59,000-square-foot building will be renovated for specialized insulation production.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:32 am   |  Permalink   |  Email
Friday, December 04 2015

Houston, TX -- American Electric Technologies, Inc. (Nasdaq:AETI), a leading provider of power delivery solutions for the global energy industry, announced that its M&I Electric business has recently shipped power delivery solutions for two liquefied natural gas (LNG) projects in Texas.

M&I Electric recently shipped a custom-engineered power distribution center (PDC) for the power generation, distribution, and control of a new 100,000 gallon per day natural gas liquefaction and distribution facility located in the heart of the Eagle Ford Shale. The PDC contained low voltage and medium voltage switchgear, motor control center, uninterruptible power supply equipment and a variable frequency drive. M&I Electric was awarded the project due to their ability to provide a customized and integrated PDC with a short-cycle delivery time. The micro-LNG plant will produce LNG from Eagle Ford Shale feedstock as a substitute for diesel to be used in high-horsepower fuel applications including drilling, pressure pumping, power generation, trucking, rail, mining and other industrial applications.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:55 am   |  Permalink   |  Email
Wednesday, December 02 2015

Fairfax County, VA -- Vehicle history report provider Carfax announced Tuesday a $15.8 million expansion in Northern Virginia that’s expected to create 120 jobs.

The company says it is investing $5 million to expand its headquarters in Fairfax County. It also is investing $10.8 million to upgrade its data center operation in Loudoun County.

“We are proud to call Virginia home and are grateful to the Commonwealth for the support they’ve provided to help us thrive,” Carfax president, Dick Raines, said in a statement. “We’ve found here a winning combination of world-class talent, 21st century infrastructure, global access, and amenities that make this one of the best places to live…”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 12:51 pm   |  Permalink   |  Email
Tuesday, December 01 2015

Hundreds to be hired as manufacturer adds second city plant

Winnipeg, CN -- Canada Goose has opened a second manufacturing plant in Winnipeg that will add about 300 new jobs by the end of 2017.

With 450 employees who work at its five-year-old Bannatyne Avenue plant, the company has the potential to grow its Winnipeg workforce to 1,000.

Canada Goose sewing operator, Alelie Sanvictores works on sewing jackets with rows of other operators at their new facility on Mountain Ave. Tuesday.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:30 pm   |  Permalink   |  Email
Tuesday, December 01 2015

2,000-acre industrial site ready to accept large-scale facilities and accommodate more than 5,000 jobs

Dublin, GA -- The Heart of Georgia Mega Site, a 2,000-acre industrial site located in Laurens County, is now the state’s first certified Mega Site/Super Park, ready to attract industries and support job creation. The certification by McCallum Sweeney Consulting (MSC), a nationally recognized expert in site selection, means the location was rigorously analyzed for several factors to ensure the land is “shovel-ready.” The site is also the only one in the country to receive the Mega Site/Super Park dual-certification.

The Heart of Georgia Mega Site is designed for development of large-scale facilities, such as warehouse, manufacturing and distribution centers. The site has the potential to bring more than 5,000 jobs to Dublin-Laurens County and surrounding communities by attracting projects with regional and state significance.

The Heart of Georgia Mega Site is centrally located in Middle Georgia, halfway between Atlanta and Savannah with direct frontage on I-16. The site includes rail access, is approximately 110 miles to the Port of Savannah and boasts an ongoing partnership with the Dublin-Laurens County Development Authority.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:02 am   |  Permalink   |  Email
Tuesday, December 01 2015

Moore brings over 24 years of experience in advertising and corporate marketing
 
Little Rock, AR -- The Arkansas Economic Development Commission (AEDC) announced that Jeff Moore has been hired as the agency’s new Director of Marketing and Communications. AEDC’s Marketing and Communications Division oversees all marketing initiatives for AEDC, including the agency’s advertising contract. This division also responds to media inquiries and coordinates all public relations outreach for the agency, including job-creation announcements.
 
“Jeff will be a great asset for AEDC and the State of Arkansas,” said AEDC Executive Director Mike Preston. “Marketing is one of our top priorities as we reach out to companies and site-selection consultants around the world. In order to compete globally, we must share the Arkansas story – and we have a great story to tell.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:54 am   |  Permalink   |  Email
Share this story
Twitter
Facebook
LinkedIn

Click Here!

Click Here! Click Here! Click Here!

Click Here!

Click Here!

Click Here! Click Here! Click Here!

Click Here!

Site Mailing List 

Expansion Solutions is a worldwide service of Cornett Publishing Co., Inc. ©2018, all rights reserved. 
Our content is from many sources and not warranted to be accurate or current. 
For general inquiries, email: info@ExpansionSolutionsMagazine.com

Latest Posts