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Tuesday, February 28 2017
Company constructing $11 million utility-scale solar farm Monday, February 27 2017
Princeton, NJ — Flatev, a startup company that plans to revolutionize the way consumers prepare a wide variety of flatbreads will be establishing its first worldwide manufacturing operation at the Rutgers Food Innovation Center business incubator facility in Bridgeton, NJ. The company, headquartered in Zurich, Switzerland, met with officials from Choose New Jersey, Inc., the Rutgers Food Innovation Center, and other business leaders, and demonstrated their Flatev Artisan Baking System. The system gives consumers the ability to produce freshly baked, tasty, and nutritious artisanal flatbreads with the push of a button. Monday, February 27 2017
Savannah, GA and Norfolk, VA — The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. 24, 2017, with the Federal Maritime Commission (FMC) to create the “East Coast Gateway Terminal Agreement.” The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies, safety, communications and customer service. “The U.S. East Coast continues to see larger vessels and cargo exchanges since the opening of the expanded Panama Canal last year,” VPA CEO and Executive Director John Reinhart and GPA Executive Director Griff Lynch said in a joint statement. “Increasingly, our customers are seeking gateway ports on the East Coast that can leverage sufficient landside infrastructure to ensure the free flow of cargo. The states of Georgia and Virginia have made the necessary investments to prepare for this new era in global trade. The East Coast Gateway Terminal Agreement is an innovative collaboration that will allow us to find new ways to become more efficient and effective.” The agreement will enable the member ports to work together to find ways to become more efficient and effective, which will benefit the citizens of their respective states, as well as shippers and the carriers. Additional areas of cooperation between the GPA and VPA include acquisition and utilization of joint marketing materials and sharing best practices in areas such as terminal operating systems, training, cargo handling, access, turn-times and infrastructure, as well as supporting the promotion of all-water routes from the U.S. East Coast to the international marketplace via the Panama Canal. Georgia and Virginia are not the first terminal operators to file with the FMC to share information. In December 2016, APM Terminals, DP World, Hutchinson Port Holdings, PSA International, Shanghai International Port (Group) Co., and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container port industry. Find print-quality portraits of Griff Lynch and John Reinhart here. About Georgia Ports Authority About The Port of Virginia Monday, February 27 2017
Set tonnage, container records in January Savannah, GA —- The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage. Friday, February 17 2017
Targets startup and innovation sector throughout the state The Arkansas Economic Development Commission’s (AEDC) Division of Science and Technology will administer all three programs. The Arkansas Business and Technology Accelerator Act will create a $2 million accelerator grant program for startup companies. Similar accelerator programs throughout the country have been found to significantly impact success rates of startup businesses. Thursday, February 16 2017
Atlanta, GA — The Georgia Department of Economic Development (GDEcD) announced that ELK Group International (ELK), a premier designer and importer of indoor and outdoor, residential and commercial lighting fixtures and home decor, will create more than 100 jobs and invest $2 million in a distribution center in Screven County. “Georgia is a hub for thriving companies such as ELK Group International, and their decision to open a new facility in Sylvania is a great win for the region,” said GDEcD Commissioner Pat Wilson. “With access to a skilled workforce and an efficient transportation infrastructure, ELK will find it easy to meet the growing demands of their customers, and expand their business in Sylvania.” Thursday, February 16 2017
Company investing $3.5 million and creating 260 new jobs in Upstate growth Thursday, February 16 2017
Vancouver, WA — The Port of Vancouver USA Board of Commissioners today voted 2-1 to approve terms of employment for Julianna Marler, officially installing her as CEO/Executive Director. Wednesday, February 08 2017
Company investing more than $8 million in regional product line consolidation Tuesday, February 07 2017
Photo Caption: Developers have purchased five parcels, totaling 500 acres, within the Savannah River International Trade Park for warehousing and distribution operations. Find print quality images here. Announcement comes on the heels of three consecutive months of record growth Savannah, GA -- The Georgia Ports Authority announced the sale of 500 acres of property for commercial development to accommodate growing customer demand for warehousing, distribution and transload facilities near the Port of Savannah. Friday, February 03 2017
Valeo North America Inc. plans to create 290 jobs as it builds a low-speed test track and new building in Auburn Hills, and also improve its Troy headquarters, the Michigan Economic Development Corp. said Wednesday. The nearly $5 million project has been awarded a $1 million state performance-based grant. Troy and Auburn Hills also are supporting the project in various ways including with staff time, marketing help and tax abatements, according to the MEDC. Valeo North America is a subsidiary of Paris-based Valeo SA, an automotive technology supplier that produces clutch and transmission components, electrical components and engine-cooling, wiper, lighting and climate control systems. The company started in Michigan in the 1980s and also has a facility in Highland Park. It participates in a joint venture with The Piston Group's Detroit Thermal Systems, with a location in Romulus. The MEDC says Valeo chose Michigan for the development and jobs over competing sites in Ohio, Tennessee, Mississippi and Mexico. It currently has more than 1,000 employees in Michigan. The Valeo project is among four that the Michigan Strategic Fund approved grants for. The MEDC says those companies are investing $76.8 million and creating 555 jobs in southeast Michigan. Other projects include:
Friday, February 03 2017
Morrison, IL -- Last Friday, January 27th, marked the Chinese New Year, China’s most important holiday. Gary Camarano, Whiteside County’s Economic Development Director, participated in a celebratory luncheon in Chicago’s Chinatown where the People’s Republic of China’s Consul General Hong Lei was the guest of honor. The luncheon celebrated “the Year of the Rooster.” While at the event Mr. Camarano had a chance to talk with Consul General Hong about the Whiteside/Northwest Illinois Region, and exploring more mutually beneficial trade and investment opportunities between the Whiteside region and the world’s second largest economy, China. Mr. Camarano explained, “As part of our outreach and marketing efforts we want to increase market awareness about our region and its businesses, and meet with representatives of countries that offer trade opportunities, and have an interest in locating businesses in the region. The People’s Republic of China is one of countries we have on our list. They are a huge market for quality, advanced manufactured products, and are increasing their investment in U.S. locations.” Thursday, February 02 2017
New York, NY — Development Counsellors International (DCI) announced the winners of the economic development industry’s 40 Under 40 awards at the International Economic Development Council Leadership Summit in Jacksonville, Florida, last night. The award was designed to discover the profession’s rising stars. “The individuals chosen by the selection committee represent an incredibly bright future for the economic development profession,” said Andy Levine, president of DCI. “It’s an honor to celebrate their achievements.” The youngest winner is 26 with the pool consisting of 14 women and 26 men. The South and the Midwest dominated with 10 award recipients each, with the most recipients located in Florida. Large communities of 200,000 or more came away with the majority of award recipients, with 26 winners. The smallest community has a population of 2,800. Thursday, February 02 2017
Atlanta, GA — The 2017 International Production & Processing Expo (IPPE) has more than 31,000 poultry, meat and feed industry leader attendees from all over the world. In addition, the show has more than 533,000 of net square feet of exhibit space and 1,275 exhibitors. Final numbers will be released next week. Sponsored by the U.S. Poultry & Egg Association, American Feed Industry Association and North American Meat Institute, IPPE is the world's largest annual feed, meat and poultry industry event of its kind. “This year’s tremendous exhibit floor and attendee and exhibitor numbers are a compliment to IPPE’s unmatched education programs, ample networking opportunities and diverse exhibits. The excitement and energy displayed by this year’s attendees and exhibitors will continue to safeguard the success and growth of future IPPEs,” the three organizations said. |