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 Economic Development News 
Tuesday, June 30 2015

The EDC was chosen to serve as the voice of military installations and their economic impact in Brevard

Brevard County, FL -- Governor Rick Scott announced the recipients of this year’s Defense Reinvestment Grants designed to protect, enhance and retain military installations and their contributions to the local economy.

Governor Scott said, “As we prepare to celebrate Independence Day, we are proud to announce more support for Florida’s military communities. Our thriving military installations and the economic investments they provide our local communities help make Florida the most military-friendly state in the nation. As a Navy veteran, I am proud to announce the combined funding from the Defense Infrastructure and Reinvestment Grant Programs, and the Defense Support Task Force Grant Program will provide more than $3 million of support for defense communities across the state. We are committed to continuing to make important investments to support the brave servicemen and women, veterans and military families who selflessly serve our country.”

The Economic Development Commission of Florida’s Space Coast (EDC) was selected once again to receive $75,000 and continue its activities highlighting the positive economic influence military installations have in Brevard County.

Posted by: AT 01:14 pm   |  Permalink   |  Email
Thursday, June 25 2015

The American Association of Port Authorities (AAPA) - the unified and recognized voice of seaports in the Americas – applauded inclusion of several key seaport industry freight mobility priorities in new legislation that was approved this morning by the U.S. Senate Committee on Environment and Public Works (EPW). The Developing Roadway Infrastructure for a Vibrant Economy (DRIVE) Act of 2015 is a $278 billion, six-year transportation reauthorization bill that includes a national freight plan and a dedicated freight program, as advocated by AAPA.

Key industry priorities included in the bill are:

Posted by: AT 08:54 am   |  Permalink   |  Email
Thursday, June 25 2015

First Data Center to Locate on Repurposed Coal Generation Site

Stevenson, AL -- The Tennessee Valley Authority announced today that Google has chosen TVA’s Widows Creek soon-to-be retired coal plant site in North Alabama to build its newest data center – the14th across the globe. Joining TVA’s President and CEO Bill Johnson and TVA Chairman Joe Ritch in the announcement were Robert Bentley, Governor of Alabama, local and state officials and Gary Demasi, Google Director of Data Center Energy and Location Strategy.

“This is a big day for TVA,” Bill Johnson said. “The partnership between the Alabama Department of Commerce, Jackson County Economic Development Authority, and TVA helped secure an innovative, global technology company to the Valley.”

TVA’s board of directors approved the closure of Widows Creek earlier this year following EPA’s release of coal combustion rules requiring additional environmental and financial requirements.

Posted by: AT 08:32 am   |  Permalink   |  Email
Wednesday, June 24 2015
WOW Logistics Breaks Ground on New Southern Idaho Facility

Jerome, Idaho -- Local and state officials joined WOW Logistics for a special groundbreaking ceremony for the company’s 193,000-square-foot expansion project.
The new space will interconnect with the more than 350,000 square feet of dry ambient warehousing the company already operates in Jerome. Upon completion in January 2016, it will be occupied by Davisco Foods International.
Dignitaries speaking at today’s ceremony included Howard Kamerer, WOW’s President and CEO; Dave Davis, Mayor of Jerome; Mike Williams, Jerome City Administrator; and Megan Ronk, Chief Operating Officer, Idaho Dept. of Commerce.

Posted by: AT 02:43 pm   |  Permalink   |  Email
Wednesday, June 24 2015

Rupert, ID -- PerforMix Nutrition Systems, a subsidiary of Agri Beef, took the first step today at a groundbreaking ceremony to initiate construction of a state-of-the-art liquid feed supplement and nutrition facility in Rupert, Idaho.   

Founded in Nampa, Idaho in 1985 to supply supplements to Agri Beef feed yards, PerforMix has expanded with additional facilities in Idaho and Washington.  The new Rupert facility, slated to be running by the end of this year, will have 15 staff at full capacity including management, production/maintenance and transportation.                                          

“This is an exciting day for all of us at PerforMix and for our customers,” said Jim Keppen, president of PerforMix.  “This new Rupert facility will be a critical location not only for us to better serve our growing client base, it will allow us to increase production capacity and expand our proprietary processes and technologies to additional beef and dairy producers across Idaho and neighboring states.  We’re thrilled to be joining the community of Rupert,” Keppen said.

Posted by: AT 10:05 am   |  Permalink   |  Email
Wednesday, June 24 2015

Manufacturing facility in St. John the Baptist Parish would result in more than 200 new direct and indirect jobs; finished product to be used in the oil and gas drilling industry

Baton Rouge, LA -- Gov. Bobby Jindal and President and CEO Alan Roughead of First Bauxite Corp. of Canada announced the company plans to invest $200 million to develop a bauxite processing plant on the Mississippi River in St. John the Baptist Parish. The project would create 100 new direct jobs ranging from entry level to skilled trade and professional management positions at an average annual salary of $70,000, plus benefits. Louisiana Economic Development estimates the project would result in an additional 117 new indirect jobs, for a total of more than 200 jobs in the River Parishes and the Southeast Louisiana region. At peak building activity, the company estimates the project would generate 150 construction jobs.

Based in Toronto, First Bauxite has concluded a feasibility study calling for the company to mine bauxite – an alumina-based ore – from Guyana, on the northern coast of South America, and ship it to Louisiana. There, the company would use the bauxite to manufacture ceramic proppants for the oil and gas industry. Proppants are sands or manufactured ceramic materials added to an industrial fluid to keep a hydraulic facture open – during or following the fracking process.

Posted by: AT 09:06 am   |  Permalink   |  Email
Wednesday, June 17 2015

Paris, France -- Vision Systems participated in the development of the H160 that Airbus Helicopters presented for the first time in Europe at the International Paris Air Show (Le Bourget) taking place from 15 to 21 June in Paris, France. The H160 is Airbus Helicopters’ new generation 5.5 to 6-ton twin-engine helicopter. Incorporating innovative technologies, the H160 is tailored for a wide range of applications, including oil and gas operations, emergency medical services, public services, business and private aviation.

Vision Systems has been selected to manufacture 6 jettisonable windows per helicopter, comprising 6 different composite frames with complex geometries. The windows made of PMMA are tinted and bonded on thermocompressed carbon frames.

Posted by: AT 03:58 pm   |  Permalink   |  Email
Wednesday, June 17 2015
Governor Asa Hutchinson promotes Arkansas at Germany steel show

Governor attends trade show, meets with German companies

Dusseldorf, Germany -- As part of his trade mission to Europe, Governor Asa Hutchinson today visited Düsseldorf, Germany where he attended the METEC Trade Fair. During his time in Düsseldorf, Governor Hutchinson met with several prospective companies with an interest in expansion into North America.

METEC, held once every four years, is an exhibition event for steel technology and focuses on castings, foundry technology, metallurgy and thermo process technology. By visiting the show, the governor will make valuable contacts in Arkansas’s growing metals sector, specifically the steel industry. More than 486 exhibitors from 33 countries and more than 19,000 visitors attended the 2011 METEC Trade Fair.

Posted by: AT 03:51 pm   |  Permalink   |  Email
Monday, June 15 2015
Matan Begins Demolition of Frederick Trading Center in Preparation for Wal-mart Supercenter

(Pictured left to right are Pete Ireland, Project Manager and Karl Morris, Director of Development)

Wal-Mart Slated to Open Doors in Early Fall of 2016

Frederick, MD -- Construction is currently underway for the new 190,000 square foot Wal-Mart Supercenter, to be built in Frederick on the northwest corner of Monocacy Boulevard and Route 26.
The Frederick Trading Center, where the Wal-Mart Supercenter will be located, was acquired by Matan Companies in 2010 with a vision for redevelopment. After several years of working with city residents, staff, and officials to gain approval, the developer has been given the green light to begin construction. “This redevelopment was truly a collaborative effort between Wal-Mart, the City of Frederick, and most importantly, the surrounding neighbors,” said Karl Morris, Director of Development. “We are excited to see this redevelopment move to the next stage.”
In addition to the Wal-Mart Supercenter, 3 pad sites on the front of the project will complete the redevelopment. Currently, Matan is at final lease negotiations with Chick-fil-A to occupy the corner pad, with a strong groundswell of interest in the other sites as well. The 2 remaining pads are ideal for bank, convenience, food service, and many other retail businesses.
“We couldn’t be more excited to welcome Wal-Mart to our site,” said JP Matan, Director of Leasing for Matan Companies. “The combination of Wal-Mart and Chick-fil-A is one that will provide a perfect bookend compliment to the Wegman’s anchored site to our west. The completion and opening of Wal-Mart will solidify the 26 corridor as a bona fide regional retail powerhouse.”
Demolition should be completed later this summer with Wal-Mart slated to open its doors in early fall of 2016.
About Matan Companies
For over 35 years Matan Companies has been a leading real estate investor and active community member in the Washington, DC area.  Built on a foundation of prominent local presence, long-standing relationships, and well developed market knowledge, Matan has directed and invested in over 2 billion dollars’ worth of real estate transactions in the Washington, DC market.
Their full-service approach sets them apart from most real estate investors. With in-house capabilities including asset management, property management, leasing, and development, Matan can expertly manage each asset, adding value and maximizing returns. Their current portfolio consists of over 5.5 million square feet of office/industrial assets, 3 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily units. For the latest news from Matan Companies, please visit

Posted by: AT 11:35 am   |  Permalink   |  Email
Monday, June 15 2015
Governor Asa Hutchinson opens Arkansas booth at Paris Air Show

Governor makes first stop on his European business recruitment mission
Paris, France -- Governor Asa Hutchinson officially opened the Arkansas booth at the Paris Air Show with a ribbon cutting. This is the first year for Arkansas to exhibit at the show, the world’s largest aviation and aerospace trade show.

Held every other year in odd-numbered years at Le Bourget Airport, the International Paris Air Show dates back to 1909. More than 2,200 exhibitors will be present at this year’s show.

“The Paris Air Show presents a wonderful opportunity for us to share the many reasons the aerospace sector is thriving in Arkansas,” said Governor Hutchinson. “We will meet with companies ranging from small start-ups to the largest aerospace companies in the world. We have only been here a short time and I’m already encouraged by the reception we are receiving from companies who know little about the state.”

Posted by: AT 11:27 am   |  Permalink   |  Email
Monday, June 15 2015

Embraer brings new manufacturing operation to Spaceport Commerce Park

Brevard County, FL -- Earlier this morning at the International Paris Air Show, Governor Rick Scott announced Embraer will construct a new building in the Spaceport Commerce Park in Titusville, Florida. The project, known locally as Project Eagle during the site selection process, will bring 150 new jobs to the area; with an average wage of $48,000 annually.

“Embraer’s footprint in Florida continues to grow and we are excited to announce this additional investment and creation of new jobs in our state,” said Florida Governor Rick Scott. “By removing the sales tax on manufacturing equipment last year, we are signaling to businesses across the world that Florida has a competitive advantage over other locations, and companies like Embraer know that our state is the best place to grow and create jobs. We are here in Paris today to share our success with companies from across the world, and we will continue to do all we can to make Florida the global destination for jobs.”

Posted by: AT 11:19 am   |  Permalink   |  Email
Friday, June 12 2015

Chicago, IL -- The Reshoring Initiative, an organization committed to helping manufacturers recognize the profit potential of domestic sourcing and production, has published its “Top Reshoring Cases” infographic that illustrates the U.S. manufacturing advantages driving reshoring. A growing number of companies across the country, including the top reshoring cases listed in the last “slide”, are bringing manufacturing and thousands of jobs home from offshore.

Escalating offshore wages are causing companies to reevaluate total cost and the news is good; more companies are reshoring. With a skilled U.S. workforce, quality and productivity three times higher than low-labor-cost countries, along with shorter supply chains that lead to higher customer responsiveness, the United States is an attractive place for reshoring.

Posted by: AT 02:30 pm   |  Permalink   |  Email
Friday, June 12 2015

National transport logistics company makes room for growth

Dayton, MN -- Groundbreaking on a new building expansion project commenced last Monday, June 1, at King Solutions’ Minnesota headquarters. The location currently houses the corporate business operations along with a large portion of the company’s warehousing and trailer transportation services. King Solutions’ business is growing, and the company needs to accommodate the uptick in order to serve its customers in the most efficient manner possible.

“The extra room will ensure that we can continue to build and deliver customized solutions for our clients.”

The expansion includes an additional 54,276 square feet of warehouse space, bringing the total property, headquarters included, to approximately 200,000 square feet. The new warehouse facility will accommodate an additional 3,000 pallet positions and house a fleet of over 150 trailers. In line with King Solutions’ ThinKING Green initiative, the building will feature energy-efficient motion-sensor lighting and video surveillance.

Posted by: AT 02:18 pm   |  Permalink   |  Email
Monday, June 01 2015

Company to invest $18 million, create 100 new jobs
Newport, AR -- Southwest Steel Processing, a manufacturer of railcar and oil and gas components, announced it is expanding its facility in Newport, Arkansas. The company plans to invest $18 million in the facility and add 100 jobs over the next two years. The addition of 100 jobs will bring total employment at the Newport facility to 220.  The expansion will allow Southwest Steel Processing to develop a new forging line.

Governor Asa Hutchinson joined local and company leaders at the announcement in Newport.

“This type of expansion is not possible without a strong, talented workforce already in place,” said Gov. Hutchinson. “Thanks to the existing employees of Southwest Steel Processing for their significant role in making this project a reality. We appreciate the company’s decision to continue growing in Arkansas.”

Posted by: AT 11:56 am   |  Permalink   |  Email
Monday, June 01 2015

Trenton, NJ -- Angel Medical Systems in Shrewsbury realizes that many people do not recognize the symptoms of heart attacks or do not take the warning signs seriously enough.  The growing technology company also knows that every minute counts when dealing with a heart attack.  With these factors in mind, Angel Medical Systems developed an implantable device that monitors an individual’s heart, alerting to changes often seen before, or at the onset of, a heart attack.  The company’s signature product, AngelMed Guardian® System, is designed to identify changes in the heart rhythm, alert patients to seek medical attention and store electrocardiogram (ECG) traces for later analysis.  

“The device monitors your heart's electrical signal 24 hours a day, 7 days a week looking for changes that may indicate that your heart is not getting enough oxygen and that you might soon experience a heart attack,” Angel Medical Systems President and Chief Financial Officer Andrew Taylor explained.  “The system may potentially detect heart attacks in high-risk patients who have no symptoms or have symptoms that are not typical.”

Posted by: AT 11:50 am   |  Permalink   |  Email
Monday, June 01 2015

Louisville, KY -- Where Opportunity Knox, a regional initiative to connect 10,000 transitioning Veterans and/or military spouses to jobs and the Greater Louisville Region by 2017, announced that it has reached an initial milestone with more than 1,000 Veterans connected with employment opportunities throughout the region.
“We are excited to achieve this first milestone as we continue to grow awareness for this unique talent development initiative,” said Beth Avey, executive director of Where Opportunity Knox. “As part of our quarterly tracking with our 90+ participating employers, we know that 1,036 Veterans and Veteran spouses have been connected with employment opportunities in the Greater Louisville region since July 2014. And as we continue to expand our reach and base of participating employers seeking talent and Veterans seeking opportunities, we hope to grow these numbers significantly to hit our target of 10,000 Veterans by the end of 2017.”

Posted by: AT 11:43 am   |  Permalink   |  Email
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