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 Economic Development News 
Monday, October 30 2017
Techni-Glass, Inc. to Expand in Surgoinsville 

Custom glass manufacturer to create 54 new jobs

Nashville, TN — Tennessee Department of Economic and Community Development Commissioner Bob Rolfe along with Techni-Glass, Inc. officials announced the company will expand in Surgoinsville. The custom glass manufacturer will invest $1.5 million and create 54 new jobs in Hawkins County.

“I want to thank Techni-Glass for choosing to expand in Surgoinsville and for creating over 50 new jobs in Hawkins County,” Rolfe said. “This is the third announcement we have had in Hawkins County since May, and it is great news that Techni-Glass is helping us continue this momentum in Hawkins County and the state of Tennessee by expanding here.”

Posted by: AT 02:34 pm   |  Permalink   |  Email
Monday, October 30 2017
Port of South Louisiana expanding, working with Dow St. Charles on railroad

LaPlace, LA — The Port of South Louisiana has committed $9.5 million to build a railroad for Dow St. Charles capable of handling 250 rail cars.
Port Executive Director Paul Aucoin announced the rail project as part of his annual report to the Parish Council at Monday’s meeting. The port is providing the property, and railroad for the project that is just east of Dow, which Dow will lease from the port.
Aucoin said the project is in the engineering phase and they were meeting with Dow engineers to work out drainage issues. Overall, the port continues to grow in its three parish of St. Charles, St. John the Baptist and St. James. Aucoin also praised his 9-member commission, which includes three St. Charles Parish members.

Posted by: AT 09:06 am   |  Permalink   |  Email
Friday, October 27 2017

Projects total $407.6 million in investments, about 250 jobs

Frankfort, KY — Governor Matt Bevin congratulated local officials and executives from Logan Aluminum Inc. and its parent companies on the opening of the aluminum plant’s phase I expansion in Logan County, as well as the groundbreaking of phase II of the project. 

Together the expansions represent about $407.6 million in new investments, which are creating about 250 full-time jobs at the sprawling mill in southwest Kentucky.

“Logan Aluminum is a standard bearer of growth and foresight in its industry, and we are thankful for its decision to expand in Kentucky,” said Gov. Bevin. “Logan Aluminum is no stranger to diversification, making large-scale investments to increase beverage-can sheet production while simultaneously meeting an ever-increasing demand for automotive-grade aluminum sheet metal.

Posted by: AT 09:33 am   |  Permalink   |  Email
Friday, October 27 2017

$12 million investment to create 100 new jobs
Columbia, SC — KB Biotech Solutions, a venture of Chinese-based Anhui Chem-bright Bioengineering Co. Ltd., is launching new manufacturing operations in Dillon County. The $12 million investment is expected to create 100 new jobs.
Founded in August 2006, Anhui Chem-bright Bioengineering Co. operates the largest production base of natural steroidal raw materials and intermediates in China. With an agricultural industrialization-leading enterprise, the company specializes in biomedicine and the deep processing of agricultural byproducts. Its products are widely used in pharmaceutical raw materials, cosmetics, functional foods and feed additives.

Posted by: AT 08:39 am   |  Permalink   |  Email
Friday, October 27 2017

LaPlace, LA -- Year-to-date, facilities within Port of South Louisiana’s district handled over 228 million short tons of cargo. Tonnage data thus far seems to suggest that, once again, it is on course to surpass last year’s total throughput. If so, 2017 will be, yet again, a record-breaking year.
Overall cargo handling increased by 7% during the first three quarters of 2017 as compared to the same period of 2016 (214,199,175 million short tons). Likewise, both vessel and barge calls increased by 5% and 17%, respectively.
Of the seven main cargos handled within Port of South Louisiana, five of those showed significant increases in overall handling (that is, foreign and domestic trade combined): crude oil by 8% (up to 66.6 million short tons), petrochemicals by 2% (up to 45.5 million short tons), chemicals/fertilizers by 3% (up to 20.9 million short tons), steel products by 20% (up to 4.8 million short tons), and coal/lignite/coke more than doubled (up to 10.2 million short tons).

Posted by: AT 08:30 am   |  Permalink   |  Email
Wednesday, October 25 2017
BD Breaks Ground on $60 Million Expansion of Nebraska Manufacturing Facility

Photo caption: BD broke ground on the $60 million expansion of its Columbus-East facility. Pictured from left to right are: Columbus City Councilman John Lohr, BD Columbus-West Plant Manager Duane Ostdiek, BD Chief Supply Chain Officer Jim Borzi, Governor Pete Ricketts, Columbus Mayor Jim Bulkley, BD Columbus-East Plant Manager Bill Campbell and BD Plastic Injection Molding Manufacturing Plant Manager Laurie Reagan.

Company Also Celebrates 50 Years of Cannula Production in Columbus

Columbus, NE — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, was joined by Governor Pete Ricketts and other state and local leaders to break ground on a $60 million upgrade of its Columbus-East facility.

The 69,000 sq. ft. expansion will transform the Columbus-East facility into the flagship plastic injection molding manufacturing facility for BD, and it will become one of the largest and most sophisticated plastic molding plants in the world. The project is expected to be completed by 2021.

“This is an exciting day for growing the community of Columbus and the State of Nebraska,” said Governor Ricketts.  “BD’s $60 million expansion at their Columbus-East facility is another example of how the industry’s faith in our state can help create new opportunities in our communities.

Posted by: AT 01:57 pm   |  Permalink   |  Email
Tuesday, October 24 2017

Simplifies Payment Calculations for Eligible Companies

Vero Beach, FL -- The Indian River County Board of County Commissioners unanimously approved revising the methodology used in payment calculations for the county’s Local Jobs Grant program.

The Jobs Grant is a local incentive program available to new and expanding businesses meeting eligibility criteria, such as wages, number of new jobs and inclusion in the county’s Targeted Industry list. The program, paying $3000 to $7000 per new job depending on wages paid, is performance-based, meaning the funds are paid to the company after the jobs are in place. It mirrors Florida’s Qualified Targeted Industry Tax Refund program, and can be used as the local match requirement under QTI.

Posted by: AT 05:46 pm   |  Permalink   |  Email
Tuesday, October 24 2017
Pocatello, ID -- One new business and one business expansion in Eastern Idaho will bring more than 400 new job openings to the region. The FBI is building a new data center in the City of Pocatello and will be looking to hire about 350 by their 2019 opening. In addition, Buchanan & Edwards, a national cyber security and data management company recently announced expansion plans at their Pocatello facility with 50-80 hires needed.

“These are two significant economic development announcements for Eastern Idaho and the City of Pocatello,” said Jan Rogers, CEO of Regional Economic Development for Eastern Idaho (REDI).  “The economic impact of these projects will be significant and will offer excellent employment opportunities for high tech talent,” she said.
Posted by: AT 05:14 pm   |  Permalink   |  Email
Tuesday, October 24 2017

Morrison, IL — While rumblings of the approval of the Whiteside Carroll Enterprise Zone application circulated last month, it can now be officially announced that the Whiteside Carroll Enterprise Zone application has been approved by the State of Illinois’ Enterprise Zone Board, and its Certificate of Designation issued by the he Illinois Department of Commerce and Economic Opportunity as of October 16, 2017. The Whiteside Carroll Enterprise Zone includes 13 governmental entities in Whiteside and Carroll Counties, and covers approximately 14 square miles. The Enterprise Zone is an important economic development incentive used at the local level to assist businesses in expansions or new locations. The incentive includes sales tax exemption on building materials for businesses who are building or improving facilities within the Enterprise Zone boundaries, and if not located in a TIF District, temporary tax abatements. 

Upon completion, the Whiteside Carroll Enterprise Zone application consisted of ten four inch binders, and according to Gary Camarano, Whiteside Carroll Enterprise Zone Administrator, “It ‘took a village’, and a city, and a county, and several other partners and stakeholders to complete.

Posted by: AT 09:49 am   |  Permalink   |  Email
Thursday, October 19 2017
SSAB Americas announces plans to move head office from Chicago area to Mobile

Photo Caption: Sweden-based SSB, which has operations around the world, has invested $800 million in its Alabama steel mill. The company is moving its U.S. headquarters to Mobile. (Image: SSAB)

Mobile, AL — SSAB Americas, a division of global steelmaker SSAB, today announced plans to relocate the division’s head office from Lisle, Ill., to Mobile, Ala., a move that will bring 60 jobs to Alabama. Since 2001, the company has operated a steel mill in nearby Axis, Ala., which employs nearly 600 SSAB employees.

“Mobile is a growing community with a booming economy; we are excited to expand our presence in the area as a trusted employer and community partner,” said Chuck Schmitt, President, SSAB Americas. “Moving our team to Mobile will ensure that our senior leaders and support staff work in closer proximity to our front-line operations, where key decisions are made for our business and customers.”

Posted by: AT 12:07 pm   |  Permalink   |  Email
Thursday, October 19 2017

Ice-cream and coffee-stir stick manufacturer unveils facility capable of 2 billion-stick annual output

Corbin, KY  -- Governor Matt Bevin joined local and state officials and executives from Smart Wood, a French family-owned manufacturer of ice-cream and coffee-stir sticks, to open the company’s Corbin facility — a 90-job, $15 million operation capable of producing up to 2 billion sticks annually.

“From our first meeting with Smart Wood’s executive team in France, I was confident this was a company that could thrive in Kentucky,” said Gov. Bevin, who toured Smart Wood’s headquarters and parent plant last year during an economic development mission to Europe. “Smart Wood is dedicated to producing high-quality products by using the latest advanced manufacturing equipment. They were looking to potentially locate in a region that would best support that vision. The Corbin area’s foresight in preparing for economic development, the region’s ready workforce and their abundant natural resources, made them the perfect fit for this company. We believe that Smart Wood will be the perfect fit for Eastern Kentucky as well. I’m grateful to celebrate with the company and community today, and I look forward to many years of continued success.” 

Posted by: AT 09:06 am   |  Permalink   |  Email
Wednesday, October 18 2017

Multimillion-Dollar Capital Investment Happening in Valdosta-Lowndes County, Georgia

Valdosta, Georgia — Martin’s Famous Pastry Shoppe, Inc.®, home of the number one branded hamburger roll in the United States, is expanding their bakery in Valdosta-Lowndes County, Georgia, to add additional production capacity.  

Martin’s Famous Pastry Shoppe, Inc., has been known for their continual pursuit of a higher level of service and best practices in the baking industry. The upcoming construction project includes a major expansion of the bakery. 

“Martin’s expansion in our community will account for a multimillion-dollar capital investment, adding an estimated 36 new jobs with continued market growth,” said Andrea Schruijer, executive director of the Valdosta-Lowndes County Development Authority. “Martin’s Famous Pastry Shoppe, Inc., is an example of the positive economic impact companies have here in Valdosta-Lowndes County. We are thrilled they are expanding,” said Schruijer.

Posted by: AT 11:00 am   |  Permalink   |  Email
Tuesday, October 17 2017
Port of Savannah moves 1M TEUs in first quarter

Photo Caption: At Georgia's deepwater ports, container trade grew by 5.8 percent in the first quarter of Fiscal Year 2018. Total tonnage increased by 7.3 percent. Find print quality images here. (Georgia Ports Authority/Stephen B. Morton)

GPA growing capacity to handle new business

Savannah, GA — The Port of Savannah moved more than 1 million twenty-foot equivalent container units across Garden City Terminal in the first quarter of FY2018 (July 1-Sept. 30), growing by 5.8 percent or 55,629 TEUs over the same period in FY17. In September alone, the GPA moved 325,141 TEUs, an increase of 5.4 percent or 16,792 TEUs compared to the same month last year.
"Sustained organic growth coupled with increased market share are driving these volume increases," said GPA Executive Director Griff Lynch. "We have also achieved major gains through the addition of Neo-Panamax vessels to the fleet serving Garden City Terminal."

Posted by: AT 09:43 am   |  Permalink   |  Email
Tuesday, October 17 2017

Blackfoot, ID — Vancouver, British Columbia based eCobalt has announced plans to develop a cobalt mining operation in Salmon, Idaho and hydrometallurgical refinery on a railhead in neighboring Blackfoot, Idaho. The Salmon mine is the only environmentally permitted primary cobalt project in the United States.  

With pre-construction activities already underway, the vertically integrated Idaho Cobalt Project is designed to produce cobalt for the rechargeable batteries market. The total capital and reclamation cost is estimated at $288.1 million.

“We are thrilled to announce eCobalt’s massive investment in our community that could create 60-90 full-time, well-paying jobs,” said Blackfoot Mayor Paul Loomis.  “The Idaho Cobalt Project is projected to support mining and refining capabilities through 2029.  We’re excited to welcome eCobalt to Blackfoot and support their Idaho Community Block Grant application requesting funds to build a new railroad spur here, vital to improving their mine to refinery transport capabilities,” he said. 

Posted by: AT 09:38 am   |  Permalink   |  Email
Monday, October 16 2017

Medical device manufacturer launching new operations in the Upstate
Columbia, SC — Arthrex, Inc., a global orthopedic medical device company, headquartered in Naples, Fla., is launching new manufacturing operations in Anderson County. The $69 million capital investment is expected to create more than 1,000 new jobs over the next several years.
With a corporate mission aimed at helping surgeons treat patients better, Arthrex is a leader in new product development and medical education in orthopedics. The company is a pioneer in the field of arthroscopy and has developed more than 11,000 innovative products and surgical procedures to advance minimally invasive orthopedics worldwide.

Posted by: AT 11:05 am   |  Permalink   |  Email
Monday, October 16 2017

Montgomery County tract becomes the fourth certified in the commonwealth this year

Frankfort, KY -- In receiving Build-Ready certification for an industrial site this week, Mount Sterling became the fourth location designated this year and the 16th statewide since the program –designed to streamline site selection, construction and opening of new industrial facilities – began in 2014.

The nearly nine-acre tract, expandable to nearly 140 acres, includes a building pad that can accommodate a manufacturing facility of 50,000 to 100,000 square feet or more. The site, zoned for heavy industrial use, includes access to water, sewer, natural gas and electric.

Posted by: AT 08:30 am   |  Permalink   |  Email
Thursday, October 12 2017
FY17: Surge of private investments, record cargo volumes

Photo Caption: Governor Nathan Deal provided opening comments for the Savannah State of the Port event Thursday, Oct. 12, 2017, focusing on the state's world-class logistics network and the business-friendly atmosphere that sets the Peach State apart. (Georgia Ports Authority/Stephen B. Morton)

GPA's Lynch announces 1M square feet of new e-commerce warehouse space

Savannah, GA — During his annual State of the Port Address, Georgia Ports Authority Executive Director Griff Lynch announced record cargo volumes, infrastructure development and two new customers bringing a combined 1 million square feet of additional distribution center space to Savannah.

"We're expanding on all fronts," Lynch said. "We're adding market share through organic growth and the addition of new accounts, and we're building the new infrastructure necessary to continue processing this cargo with world-class efficiency."

Posted by: AT 01:39 pm   |  Permalink   |  Email
Thursday, October 12 2017
Wisconsin-Based Mitchell Metal Products Wins First National Reshoring Award

Photo caption: Reshoring Initiative President Harry Moser presents National Reshoring Award to Tim Zimmerman of Mitchell Metal Products in front of the award-winning cultivator handle subassembly.

Cleveland, WI — Mitchell Metal Products of Merrill, WI has received the first National Reshoring Award in recognition of the company’s success bringing manufacturing back home to the United States. The award, given by The Reshoring Initiative and the Precision Metalforming Association (PMA), honors a company that has effectively reshored products, parts or tooling made primarily by metal forming, fabricating or machining.
Mitchell Metal Products was selected after using reshoring to complete more end products with less lead time. In 2016, the company manufactured a cultivator handle subassembly product, increasing the production volume from 4,500 made overseas to 30,000 made in Wisconsin.

Posted by: AT 11:04 am   |  Permalink   |  Email
Thursday, October 12 2017

Washington, D.C. — U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $30 million to support 35 projects in 15 states under the 2017 Assistance to Coal Communities (ACC 2017) initiative. The funding will assist locally-driven efforts to communities and regions severely impacted by the declining use of coal through activities and programs that support economic diversification, job creation, capital investment, workforce development and re-employment opportunities.
“From his first days in office, President Trump ended the Federal government’s assault on the coal industry and the communities who rely on it,” said Secretary of Commerce Wilbur Ross. “The previous administration fought this war through unilateral executive actions and regulatory edicts, and the casualties were American workers and families.”

Posted by: AT 08:53 am   |  Permalink   |  Email
Thursday, October 12 2017

Company creating more than 400 new jobs at office and research and development operations
Columbia, SC — Diversey, a leading global provider of cleaning and hygiene solutions, announced that it is locating its corporate headquarters in York County. The development is projected to bring $6.1 million in investment and create approximately 400 jobs.
Diversey is a hygiene and cleaning solutions company that integrates chemicals, floor care machines, tools and equipment with a wide range of technology-based, value-added services. Employing approximately 8,600 people globally, the company is a provider of smart, sustainable solutions designed to drive increased productivity, food safety and infection prevention to customers in more than 165 countries.

Posted by: AT 08:40 am   |  Permalink   |  Email
Tuesday, October 10 2017

Los Angeles-Based Business Expanding Operations to Lubbock
Lubbock, TX — The Lubbock Economic Development Alliance (LEDA) announced Hoverstate, a digital design, development and marketing agency, is expanding its operations by adding a location in downtown Lubbock. The expansion will create 50 new jobs with an average salary of $60,000. The announcement was made during a press conference on Monday, Oct. 9.
The Los Angeles-based technology firm said their operations in Lubbock will specifically focus on the development of computer software crafted for the health care industry.

Posted by: AT 12:01 pm   |  Permalink   |  Email
Thursday, October 05 2017

Twin Falls, ID — Jayco®, Inc., a subsidiary of Thor Industries, Inc. (NYSE: THO) and leader in the recreational vehicle industry, will expand their manufacturing footprint in Twin Falls, ID, after an extensive site selection search. The expansion is expected to bring approximately 300 jobs to the region by early next year.  Jayco will be partnering with the College of Southern Idaho’s Workforce Development Program to assist with training and on-boarding of new employees.

The expansion, initiated to improve service to dealers in the western U.S. and Canada, maximizes existing synergies built over the past 10 years at their Idaho campus.

“Our executive team considered several western states when searching for the right fit for expansion,” stated Matt Thompson, Chief Operating Officer for Jayco, Inc. “We concluded that capitalizing on the benefits offered in Twin Falls out-weighed benefits outside the state of Idaho. Governor Butch Otter and his team, the Idaho Commerce Department, and Don Hall, Twin Falls County Commissioner, were especially helpful in the process and supported what we were trying to accomplish in the region.”

Posted by: AT 10:43 am   |  Permalink   |  Email
Tuesday, October 03 2017

Charter Commits to Additional 1,100 Jobs in Stamford
Hartford, CT — Governor Dannel P. Malloy and Charter Communications, Inc., a Fortune 100 company and the second-largest cable operator in the United States, announced the company’s plans to build a 500,000 square foot, 15-story headquarters at 406 Washington Boulevard in Stamford. Following its commitment to create and retain 400 jobs under the state’s First Five Program in 2012, Charter has committed to create an additional 1,100 new corporate headquarters jobs and has agreed to a total of $100 million in planned capital expenditures in Connecticut over the next several years.
“Today is a great day for Connecticut,” Governor Malloy said. “Charter’s announcement to create an additional 1,100 jobs shows that our strategic investments are continuing to spur economic growth and create good paying jobs in the state. We look forward to the continued success of Charter Communications as they grow within Connecticut.”

Posted by: AT 12:55 pm   |  Permalink   |  Email
Tuesday, October 03 2017

Industrial repair business will create 12 full-time jobs near Glasgow

Frankfort, Kentucky — Froedge Machine and Supply Co. Inc., which provides repair services to local industries, will invest $690,000 and create 12 full-time jobs to locate a new operation in Barren County, Governor Matt Bevin announced.

“Froedge Machine and Supply is a great example of Kentucky’s manufacturers who are a driving force behind our state’s growing economic success,” said Gov. Bevin. “By growing their CNC machining, tool-and-die and metalworking capabilities, Froedge will add even more momentum and resources to Kentucky’s economy. Their growth will open new opportunities in the market and we are grateful to them for establishing a second location in the commonwealth.”

Posted by: AT 12:00 pm   |  Permalink   |  Email
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