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 Economic Development News 
Tuesday, November 22 2016

Solar farm development to bring $200 million in new investment and create at least five jobs
Columbia, SC -- Adger Solar, a clean energy development company, intends to invest $200 million in two separate solar farm projects in Clarendon County. Along with this investment, the project will create at least five new jobs in the process.  
Active in the southeastern United States since early 2014, Adger Solar is a clean energy development company focused on creating lower-cost, utility-scale solar-electric generating facilities, with developments underway in six different S.C. counties. Adger Solar is a joint venture with one of the nation's oldest private energy investors, which has participated in the financing and development of more than 10,000 megawatts (MWs) of wind and solar projects now in operation around the country.
The first of these two 72MW solar farms is expected to be operational by the end of 2018; and, together, these projects will generate enough electricity to supply approximately 25,000 homes on an average annual basis, including customers of the two major local utility providers.  

Posted by: AT 11:35 am   |  Permalink   |  Email
Tuesday, November 22 2016

Waco, TX -- Channel Control Merchants, LLC (CCM), has selected Greater Waco for the site of its first Texas distribution operation. The company has acquired a 200,000 square foot building located at 401 Precision Drive and will invest $1,050,000 in capital improvements and hire 116 employees. The company plans to have the facility updated, fully staffed and operational by September 2016.
CCM chose Waco as its first Texas distribution location due to the central location within the state.
The company will also open a 38,000-square-foot retail location at 300 North Valley Mills Drive under its Dirt Cheap brand with plans for multiple retail locations throughout Texas. Dirt Cheap is the largest retailer of customer returns and marked out of stock merchandise in the United States.

Posted by: AT 11:29 am   |  Permalink   |  Email
Tuesday, November 22 2016

Orlando, FL -- Deloitte Consulting LLP will expand its U.S. Technology Delivery Center in the Orlando, Florida region creating up to 850 new jobs over the next four years and making a capital investment of $24 million in Seminole County. This expansion comes just two years after the company announced it would locate in Lake Mary and hire 1,000 positions. Deloitte, one of the largest professional services firms in the world, is once again seeking software development, system analyst and information technology employees.

“The Orlando area proved to be a great location for the U.S. Delivery Center,” noted Bert Naquin, managing director, Deloitte Consulting LLP, and Center director. “We met our initial hiring goals in half the time we expected it would take and given the success of the center and to stay ahead of clients’ needs, we’re adding up to 850 new jobs to our Lake Mary Center.  The strength of the region – including a thriving international community and well-respected educational institutions – providing access to skilled, tech savvy workers – confirms our original choice for this location and makes expansion an easy call.”

Posted by: AT 10:22 am   |  Permalink   |  Email
Tuesday, November 22 2016

Mankato, MN -- The Mankato – North Mankato Metropolitan Statistical Area (MSA) had a slight uptick in jobs for the month of October, up by 0.4% or 242 jobs as compared to October of 2015. The Greater Mankato area saw an all-time high for employment with 57,778 jobs.

Mankato - North Mankato MSA has typically had a very strong 4th Quarter per seasonal trends. October has the highest levels of employment. The strength of the 4th quarter is related to seasonal hiring related to holiday purchasing, which impact multiple sectors including retail, wholesale, and manufacturing.

Posted by: AT 10:18 am   |  Permalink   |  Email
Friday, November 18 2016

Food company investing $5 million in new facility
Columbia, SC -- Palace Foods, a specialty food manufacturer, is establishing new operations in McCormick County. The company is expected to invest $5 million in the project and create at least 30 new jobs.
Founded in 1977, Palace Foods manufactures food products that are sold by major retailers and through food service distributors in the United States and Canada. With plans for continued growth, the company is well-positioned to do private label manufacturing and product development, focusing on meat pies, cooked proteins, sous-vide products and ready-to-eat meals.

Posted by: AT 09:57 am   |  Permalink   |  Email
Wednesday, November 16 2016

Newly opened facility’s overall investment to top $178 million

Frankfort, KY -- Champion Petfoods USA will add production capacity at its recently opened DogStar Kitchens in Auburn, taking its total employment to 200 and overall investment to more than $178 million in Logan County, Gov. Matt Bevin announced Wednesday.

“We are grateful for Champion Petfoods’ continued investment in the Commonwealth,” said Gov. Bevin. “Their decision reaffirms what many companies have also discovered. Kentucky is an ideal location for manufacturing, distribution and logistics. This expanded operation in Logan County will benefit the entire region, and we look forward to Champion Petfoods’ ongoing success.”

In January, Champion started cooking in its first U.S. kitchens, a 147-job, $120 million production and distribution center. The Logan County facility spans 371,000 square feet on an 85-acre site. Since announcing the initial project in 2014, Champion opted to add a third production line, thanks to anticipated demand in the U.S. and Latin America, while maintaining the facility’s overall size.

Posted by: AT 03:52 pm   |  Permalink   |  Email
Wednesday, November 16 2016
Port of South Louisiana Hosts Briefing for Southern Legislative Conference

Photo Caption: Port of South Louisiana Executive Director Paul Aucoin during SLC’s briefing
Reserve, LA -- The Port of South Louisiana held a briefing for the Southern Legislative Conference (SLC), a collective of legislators from 15 member states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia. It is one of four regional groups operating under The Council of State Governments (CSG), an organization that encourages intergovernmental cooperation among its member states. Interested in gathering information about port policies, today’s visiting delegation was comprised of Senators Jeff Mullis and Steve Gooch from Georgia, Senator Paul Wieland from Missouri, Senator Dave Marsden from Virginia, and Sujit CanagaRetna, SLC’s Fiscal Policy Manager. The purpose of their visit was to learn more about operations at the Port of South Louisiana, particularly the expansion of cargo facilities, the enhancement of intermodal capacities, preparations related to the expansion of the Panama Canal, working with the U.S. Army Corps of Engineers, and funding of port expansion.

During the meeting held at the Port’s Guesthouse, Executive Director Paul G. Aucoin gave a presentation on the Port of South Louisiana, and provided a tour of Globalplex Intermodal Terminal, the Port’s public cargo facility, and a boat tour of part of the port district.

Posted by: AT 11:14 am   |  Permalink   |  Email
Monday, November 14 2016

Sugar Land, TX ­- The Sugar Land Development Corporation recently approved an agreement with ABM as the Company relocates its corporate shared services operations to the City of Sugar Land.

ABM, a Fortune 500 company and a leading provider of facility solutions, has been proudly serving Texas since 1945 and currently has over 10,000 employees maintaining over 4,500 buildings throughout the state. 

“ABM is excited to join the Sugar Land corporate community,” said D. Anthony Scaglione, CFO of ABM Industries Incorporated.  “The City presented itself as a compelling business environment and a prime residential location.  We look forward to our partnership with Sugar Land.”

Posted by: AT 10:28 am   |  Permalink   |  Email
Friday, November 11 2016

Atlanta, GA -- Governor Nathan Deal, along with Atlanta Mayor Kasim Reed, announced that United Parcel Service Inc. (UPS), a package delivery company, will create 1,250 jobs and invest more than $400 million to establish a regional sorting and distribution hub in Atlanta by the end of 2018.

“Georgia demonstrates an enduring commitment to industry leaders and job creators. With this investment, UPS will use Georgia’s location, transportation infrastructure and logistics sector to reach customers more quickly and more efficiently. UPS is already making a substantial economic impact in the Atlanta area and we look forward to the company’s continued success.”

UPS will create supervision, administrative and warehouse positions for the new sorting and distribution hub.

Posted by: AT 08:28 am   |  Permalink   |  Email
Thursday, November 10 2016

Company will invest $33.9 million and create 50 jobs

St. Paul, MN -- Federal Cartridge Co. announced plans to create 50 jobs and invest $33.9 million on upgrades and capacity expansion at its manufacturing facility in Anoka. 

The ammunition maker said it will update machinery and equipment and will renovate its production plant, including improving utilities and the heating, ventilation and air conditioning system. The new jobs will be created over the next two years and pay total wages of more than $17 an hour. 

The Minnesota Department of Employment and Economic Development (DEED) is supporting the project with a $258,000 grant from the Job Creation Fund and a $900,000 loan from the Minnesota Investment Fund. The loan may be forgiven if the company meets its hiring and investment commitments. 

Posted by: AT 01:31 pm   |  Permalink   |  Email
Thursday, November 10 2016

Nutritional supplement company investing $35 million and creating 330 jobs in Berkeley County

Columbia, SC -- Thorne Research, Inc., a privately-held nutritional supplement manufacturing company, will be constructing a new manufacturing facility and corporate office complex in Summerville, S.C. The $35 million project is expected to create 330 new jobs in Berkeley County.

Thorne is a personalized health solutions company dedicated to improving individual outcomes through science and technology. For 30 years, Thorne has led the nutritional supplement industry in providing researched-based, high-quality natural products, including foundational vitamins and minerals and therapeutic-focused nutritional supplements. By leveraging cutting-edge research and personalized data through its affiliate, WellnessFX, Thorne offers customized preventive health solutions for practitioners, their patients and athletes.

Posted by: AT 01:26 pm   |  Permalink   |  Email
Thursday, November 10 2016

Financial services company bringing 175 jobs to Fort Mill, South Carolina

Columbia, SC -- OneMain Holdings, Inc., a leading consumer finance company, is expanding its existing operations in York County. The expansion is projected to bring $279,000 in new capital investment and create 175 new jobs.

For more than 100 years, OneMain has been providing personalized, best-in-class service at more than 1,800 branches in 44 states, including 83 locations in South Carolina. With a primary focus on assisting customers with personal loans and services, the company has more than 11,000 team members nationally.

Posted by: AT 12:12 pm   |  Permalink   |  Email
Thursday, November 10 2016

Investment Management Firm Continues to Grow Presence in Connecticut

Hartford, CT -- Governor Dannel P. Malloy announced that AQR Capital Management, a global investment management firm, plans to expand its headquarters and operations in Connecticut over the next ten years — a more than $72 million project that will retain 540 jobs, create up to 600 new jobs, and significantly increase the firm’s economic impact in the state.

“AQR and its employees have spent over a decade contributing to our state, and we’re pleased that the company has committed to expanding its presence and growing jobs here for another ten years,” Governor Malloy said.  “Fueling growth in our core industries is one of the keys to our state’s long-term economic success.  Connecticut is a financial services and technology innovation leader, and firms like AQR – and the good-paying jobs they create – are demonstrating that our state is moving forward in ways that will be a great economic development boost for the region.”

Posted by: AT 09:55 am   |  Permalink   |  Email
Monday, November 07 2016

Carbon fiber manufacturing facility to bring $600 million investment and create 220 jobs

Columbia, SC -- Teijin Ltd., a Japanese chemical, pharmaceutical and information technology company, will be constructing a state-of-the-art manufacturing facility in Greenwood County. Creating 220 new jobs, the project is expected to bring $600 million in new capital investment to Greenwood County - the largest initial capital investment by a company in the county's history.

Founded in 1918, Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation; information and electronics; safety and protection; environment and energy; and healthcare. The company's main fields of operation include high-performance fibers, such as aramid, carbon fibers and composites, resin processing, polyester fibers and more. The group has approximately 150 companies and 16,000 employees in 20 countries worldwide.

Posted by: AT 11:34 am   |  Permalink   |  Email
Thursday, November 03 2016

Economic Development Incentives Available for Qualifying Businesses 
Center, TX -- Mathews Real Estate is pleased to announce the availability of five industrial/light manufacturing buildings in Center, Texas, ranging in size from 5,000 to 10,000 square feet in the Center Industrial Park.  The buildings are conveniently located at the intersection of Loop 500 and Hwy 7 E.  The buildings were constructed between 2011 and 2012 and all have office and warehouse/shop space.  All buildings have multiple roll-up doors 14 feet in height.  All properties are oversized lots to accommodate future growth or product storage. 
Center, Texas, has a business friendly environment where any tenant would enjoy 3 hour access to the major markets of Houston, Dallas, Tyler, and Longview, Texas and Shreveport, Louisiana.  These areas are accessed by the regional transportation system consisting of US 96, US 59 (the future I-69 corridor), I-20, I30, I-49, and the future I-14. 

Posted by: AT 01:05 pm   |  Permalink   |  Email
Tuesday, November 01 2016
HDT Global Announces Expansion in Huntsville, AL and Fredericksburg/Spotsylvania, VA

Solon, OH -- HDT Global (HDT), a leading provider of highly engineered, application-specific solutions for military, civilian, commercial and industrial customers announced the transition of its manufacturing operations based in Buena Vista, VA to a new facility located adjacent to its current Huntsville, Alabama facility. HDT also announced the planned opening of its new built-for-purpose HDT Battle Lab and Advanced Development (BLADE) Center in Spotsylvania, VA.

The HDT Buena Vista facility has provided state of the art expeditionary shelter systems for many years. In its new location, HDT will build on its legacy by incorporating value-stream aligned manufacturing methodologies, ensuring rapid and flexible response to our customers’ needs for both current and future programs and initiatives. Michael Kinney, Vice President of Operations, stated, “The new facility offers increased production capacity, while decreasing overhead costs and streamlining related production processes into one geographic area, strategically located in Huntsville.” Sean Bond, President and CEO, added, “The decision to move our shelter manufacturing facility was thoughtfully made. 

Posted by: AT 11:06 am   |  Permalink   |  Email
Tuesday, November 01 2016
Wabash Valley Power Dedicates 16th Landfill Gas-to-Energy Project

Liberty III in White County, Ind. is newest expansion of co-op’s Alternative Fuel Supply

Indianapolis, IN -- Indianapolis-based Wabash Valley Power Association, an electric generation and transmission (G&T) cooperative, has added its 16th landfill gas-to-energy (LFGTE) generating plant to its power supply portfolio. The Liberty III plant is located at Waste Management of Indiana’s landfill located near Buffalo, Indiana in White County and joins two existing plants at the facility. The Liberty I plant began operations in 2005, and Liberty II began generating power in 2010.

The completion of this project brings Wabash Valley Power’s total generating capacity at its LFGTE plants to 53.6 megawatts (MW), producing enough energy to power 40,000 average-sized homes. Via an arrangement with Waste Management of Indiana, Wabash Valley has built 16 generating facilities at nine landfills throughout the northern half of Indiana. 

Posted by: AT 10:58 am   |  Permalink   |  Email
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