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

 Economic Development News 
Thursday, June 29 2017
Region's businesses get to 'sound off' to Senator Duckworth

Morrison, IL — Senator Tammy Duckworth wants to hear from small and mid-sized enterprises (SME) in the Whiteside/Northwest Illinois Region about the challenges and obstacles they face in doing business. The Senator, a member of the U.S. Senate Committee on Small Business & Entrepreneurship, is looking for information on the state of rural entrepreneurship, and find effective solutions to unlock rural growth potential. With that purpose in mind, the Illinois Chamber of Commerce, the Whiteside County Economic Development Department, and Sauk Valley Community College have scheduled two business 'sound off' meetings on July 13th to allow local SMEs to identify the challenges and obstacles they face in doing business, propose possible solutions, and comment on current and future Federal initiatives to help rural SMES.

Laura Ortega, Executive Director with the Illinois Chamber of Commerce explained, “The ‘sound off’ meetings will allow rural SMEs the chance to voice their concerns, suggest solutions, and give their opinions on policies that affect them directly.

Posted by: AT 02:47 pm   |  Permalink   |  Email
Wednesday, June 28 2017

State-of-the-art home appliance production facility will create more than 950 jobs
Columbia, SC — Samsung, one of the world's leading technology companies, is opening a new home appliance manufacturing facility in Newberry County. The $380 million facility will produce some of Samsung's most popular, industry-leading appliances and generate more than 950 new jobs over the next three years.
Established in 1969 and employing nearly half a million people worldwide, Samsung has transformed the worlds of TVs, smartphones, wearable devices, cameras, digital appliances, network systems and more. Over the last 40 years, Samsung Electronics' U.S. subsidiary, Samsung Electronics America, has steadily expanded its footprint in the U.S., creating thousands of high-skilled jobs and investing in cutting-edge manufacturing.

Posted by: AT 09:39 am   |  Permalink   |  Email
Tuesday, June 27 2017

Continued growth, acquisitions bring need for new operational HQ

Frankfort, KY — Maxim Crane Works LP, the nation’s leading crane rental and lifting services provider, will build a $4.71 million office and create 100 full-time jobs in Wilder as it consolidates its operational offices in Kentucky, Gov. Matt Bevin announced.

“Maxim Crane Works is integrally involved in constructing our nation’s infrastructure, skylines, factories and amenities. They are also busy building on their own success here in the commonwealth,” Gov. Bevin said. “Kentucky is an attractive choice for corporate investment, thanks to recent improvements we’ve made to our business climate, a high quality of life and our gateway location between the Midwest and South. We are grateful for Maxim’s decision to grow in Kentucky and I look forward to the company’s success in the years ahead.”

Posted by: AT 01:39 pm   |  Permalink   |  Email
Friday, June 23 2017

Package metals industry partner to invest $870,000 to add equipment, expand capacity
Richmond, VA — Governor Terry McAuliffe today announced that Winchester Metals, a complete package metals industry partner, will invest $870,000 to expand its manufacturing operation in Frederick County. The company will add laser/punch combination equipment, which will expand capacity and allow Winchester Metals to add a third shift. The expansion at its existing site in Virginia will create 17 new jobs. Today's announcement is the second Virginia Jobs Investment Program (VJIP) grant award for the company, which benefitted from the program in January 2017 with the retraining of 29 jobs.
"On the heels of its jobs retraining announcement earlier this year, Winchester Metals continues its impressive growth with this expansion," said Governor McAuliffe. "Strengthening industries that create jobs of the 21st century is a critical component of our efforts to build the new Virginia economy, and the burgeoning advanced manufacturing sector is impacted by businesses of all sizes across the Commonwealth. Winchester Metals has been an ideal corporate steward in Frederick County since 1975, and we look forward to seeing what the coming decades hold for the company."

Posted by: AT 10:40 am   |  Permalink   |  Email
Thursday, June 22 2017

Financial Services Company Seeking Local Talent for Open Positions
Orlando, FL — CardWorks Servicing, LLC (“CardWorks”), a provider of servicing, operational support, and portfolio management to credit card issuers and installment lenders, announced the opening of its third operational center in the U.S. will be located in Orlando. CardWorks expects to make a $4.2 million capital investment in the area, creating approximately 240 new jobs over the next two years.
Located at 100 Colonial Center Parkway in Lake Mary, the 24/7 facility will occupy 30,000 square feet of [prime] office space, housing back office financial service personnel. The company is actively seeking qualified applicants to fill these positions.

Posted by: AT 02:43 pm   |  Permalink   |  Email
Thursday, June 22 2017

Company investing $2.5 million in solar farm development

Columbia, SC — Southern Current, a leading developer in the residential, commercial and utility-scale solar markets, is launching a new solar farm in Hampton County. The company is investing $2.5 million in the project.

Southern Current is an owner and developer of utility-scale solar energy facilities across the southeastern United States. With an in-house team of development professionals, the company manages projects from site selection and origination through construction and operation.

Posted by: AT 02:37 pm   |  Permalink   |  Email
Wednesday, June 21 2017

Freeport, TX — During the June 9th Port Commission Meeting, Commissioners unanimously elected Paul Kresta Chairman of the Port Commission. John Hoss will serve as the Port Commission Vice Chairman.  The other officers are as follows:  Shane Pirtle, Port Commission Secretary; Bill Terry, Port Commission Assistant Secretary; Rudy Santos, Port Commissioner and Ravi Singhania, Port Commissioner. 

Paul Kresta has served on the Port Commission since 2009 and is a life-long resident of Brazoria County.  Employed by Phillips 66 since 1978, Kresta holds the position of Shift Superintendent and for 28 years has been in the private ranching business.  Kresta served on the Board of the Brazoria County Fair Association for 25 years, contributed over 20 years to the Brazoria County Cattlemen’s Association as a member of the board and had served as president for two years.  Kresta stays involved in other community organizations.  Kresta has been married to Peggy Kresta since 1983 and has four children and one granddaughter. 

Posted by: AT 11:19 am   |  Permalink   |  Email
Tuesday, June 20 2017
Joint Statement of Secretary Perdue (U.S.), Minister Lawrence MacAulay (Canada) & Secretary Calzada (Mexico)

Regarding Trilateral Agriculture Meetings in Savannah, Georgia

Savannah, GA — Canadian Minister of Agriculture and Agri-Food Lawrence MacAulay; Mexican Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food Jose Calzada; and United States Secretary of Agriculture Sonny Perdue issued the following statement at the conclusion of their first trilateral meetings in Savannah, GA, June 19-20, 2017.

"Our three nations are connected not only geographically, but through our deeply integrated agricultural markets. Our trading relationship is vital to the economies - and the people - of our respective countries. We are working together to support and create good jobs in all three countries. We share a commitment to keeping our markets open and transparent so that trade can continue to grow. That mutual commitment was reaffirmed in our discussions this week.

Posted by: AT 02:51 pm   |  Permalink   |  Email
Monday, June 19 2017
The State of Indiana Partners with Rolls-Royce & Purdue to Launch Nation's Most Advanced Turbine Lab

Paris – Governor Eric J. Holcomb joined leaders from Rolls-Royce and Purdue University at the Paris International Air Show, where they announced a new partnership to advance research and development for next-generation gas turbine technology in Indiana.

“Here on the world stage of the Paris Air Show, Indiana’s leadership in the global aerospace industry is clear,” said Governor Holcomb. “Many of the innovations we’re seeing presented on the trade show floor were fostered by key partnerships between our state’s universities and industry leaders. With this latest team-up between the state, Purdue and Rolls-Royce, I can’t wait to see new turbine technology take flight in Indiana.”
The new $24 million public-private partnership will establish the nation’s most advanced turbine lab for compact gas turbine engines at Purdue University. Used by companies like Rolls-Royce and government agencies such as the U.S. Air Force and NASA, this technology can help reduce pollution and advance fuel efficiencies.

Posted by: AT 01:53 pm   |  Permalink   |  Email
Tuesday, June 13 2017
Fast Pace Urgent Care to Expand in Waynesboro

Urgent care clinic to create 70 new jobs
Nashville, TN — Tennessee Department of Economic and Community Development Commissioner Bob Rolfe along with Fast Pace Urgent Care officials announced the company will expand in Waynesboro. The urgent care medical company will invest $1.3 million and create 70 new jobs in Wayne County. 

“The healthcare industry is one of the fastest growing sectors in Tennessee,” Rolfe said. “Employment in the healthcare industry has grown by 9 percent in Tennessee since 2010 and I want to thank Fast Pace for making this industry even larger by creating 70 new jobs for Wayne County residents. I appreciate Face Pace for its investment in Tennessee and Waynesboro and I look forward to our future partnership.”

Posted by: AT 11:30 am   |  Permalink   |  Email
Tuesday, June 13 2017
Governor Haslam, Commissioner Rolfe Announce Miyake Forging North America Corporation to Locate First U.S. Manufacturing Operations in Hawkins County

Japanese automotive bearing parts manufacturer to invest $13.7 million, create 60 new jobs

Surgoinsville, TN — Tennessee Governor Bill Haslam, Economic and Community Development Commissioner Bob Rolfe and Miyake Forging North America Corporation officials announced the company will build a new automotive bearing parts manufacturing facility in Surgoinsville.

Miyake Forging North America Corporation will create 60 jobs and invest $13.7 million in the company’s first U.S. manufacturing operations that will better supply the company’s North American customers due to increased product demand.

“I’d like to welcome Miyake to Tennessee and look forward to the company’s future in Hawkins County,” Rolfe said. “Tennessee prides itself on craftsmanship and manufacturing excellence and I’m pleased that Miyake has chosen to call Tennessee home.”

Posted by: AT 11:24 am   |  Permalink   |  Email
Friday, June 09 2017

Global retailer to create more than 500 new jobs 

Nashville, TN — Tennessee Governor Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Gap Inc. officials announced that the global retailer will create more than 500 jobs at the company’s distribution center in Sumner County.

Gap Inc. is investing approximately $41.7 million in its Gallatin distribution campus on Gap Boulevard. The new capital investment will go into technology upgrades as Gap Inc. expands its online fulfillment capabilities in Sumner County.

“Gap Inc.’s latest commitment to create more than 500 new jobs is yet another confirmation that Tennessee’s central location and skilled workforce make it the ideal place for global companies to operate major distribution facilities,” Haslam said. “Gap Inc. has long been a crucial part of Sumner County and this significant expansion brings us closer to our goal of making Tennessee the No. 1 location in the Southeast for high quality jobs.” 

Posted by: AT 02:01 pm   |  Permalink   |  Email
Friday, June 09 2017

Company’s Investments Will Bring Jobs, Economic Activity, and Tax Revenue to the Town, Region, and State
Hartford, CT — Governor Dannel P. Malloy announced that Amazon – the largest internet-based retailer in the world – has decided to expand its presence in Connecticut with the creation of a new state-of-the-art, 855,000 square-foot fulfillment center in North Haven. The company plans to spend $255 million on the project, where it will create 1,800 jobs at the new facility.
The company, which recently opened a fulfillment center in Windsor and a sorting center in Wallingford, currently employs approximately 2,000 people in Connecticut. With the addition of the North Haven facility, that number will increase to approximately 3,800 Connecticut-based employees.

Posted by: AT 10:45 am   |  Permalink   |  Email
Thursday, June 08 2017

Solar farm development to bring $100 million of new investment
Columbia, SC — Adger Solar, a clean energy development company, intends to invest $100 million in a new solar project in Aiken County.
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 multiple S.C. counties. Using innovative commercial and financing solutions, the Adger Solar team has already assembled a project portfolio of 750 megawatts (MW) of solar projects.

Posted by: AT 02:27 pm   |  Permalink   |  Email
Wednesday, June 07 2017

Company bringing $3.7 million in new investment

Columbia SC — Protego, a global manufacturer of tank and flammable vapor processing safety equipment, is expanding its South Carolina presence by establishing a new facility in North Charleston, S.C. The new development is projected to bring $3.7 million of capital investment and lead to the creation of 17 jobs.
With more than 60 years of innovation and experience, Protego manufactures a variety of explosion protection and tank safety equipment, such as flame and detonation arresters, low-pressure tank vents, tank equipment and more. The company's products are featured in a wide range of applications, and utilized in refineries, chemical plants and offshore platforms.
Located in Landmark Business Park, Protego will be establishing a new sales and assembly operation at 9551 Palmetto Commerce Parkway in North Charleston, S.C. Hiring for the initial positions is already underway, and interested applicants should visit the company's careers page online.

Posted by: AT 01:36 pm   |  Permalink   |  Email
Wednesday, June 07 2017
County to Reach Out to Large Chinese Business Delegation

Photo Caption: Last year’s China General Chamber of Commerce Gala 2016 in Chicago. 

Morrison, IL — Promoting the County, its businesses, and the region is a top priority for Gary Camarano, Whiteside County’s Economic Development Director, and on June 29th he will have an opportunity to promote the Whiteside County/Northwest Illinois Region at the 2017 Annual Gala of the China General Chamber of Commerce in Chicago (CGCC). At the all-day event titled “New Era – Opportunities & Challenges in U.S. – China Economic Cooperation”, Mr. Camarano will be speaking about regional trade and investment opportunities in the Whiteside County/Northwest Illinois Region to a large Chinese business delegation from various Chinese cities and provinces. 

Camarano explained, “The purpose of this event is to connect both Chinese and U.S. businesses who want to explore new opportunities for export to China, to increase trade cooperation, to attract additional Chinese companies to invest in the Midwest, and for us to showcase our Region as an attractive place to do business. There have been about 260 Chinese companies that invested $20.3 billion in the nine-state Midwest Region from 2000 to 2016, creating at least 45,000 jobs, and I would like to see future investment in the Northwest Illinois Region.

Posted by: AT 11:44 am   |  Permalink   |  Email
Wednesday, June 07 2017

Port of South Louisiana — In an opinion editorial in a national publication, World Trade Center of New Orleans CEO Caitlin Cain and Port of South Louisiana Executive Director Paul Aucoin explain that, for Louisiana, there may be no more critical economic issues than agriculture and infrastructure and hope that both U.S. legislators and the Trump administration come to support infrastructure improvements, especially that of the Mississippi River, the nation’s most vital shipping channel.
The piece, incorporated below, was published by Real Clear Policy, a highly influential online journal read by Washington, D.C. insiders including members of Congress, congressional staff, administration officials and policy experts.

Posted by: AT 11:18 am   |  Permalink   |  Email
Wednesday, June 07 2017
Nature Nate's Pure, Raw & Unfiltered Honey Celebrates First Year of Success at Georgia Production Facility

Photo Caption: Nature Nate's has bottled millions of pounds of honey in their first year of operation since opening their plant located in Valdosta-Lowndes County, Georgia. 

Million Pounds of Honey Bottled in Lowndes County for Consumption Across the U.S., Canada and Asia

Valdosta, GA — Nature Nate’s 100% Pure, Raw & Unfiltered Honey has bottled millions of pounds of honey in their first year of operation since opening their first Georgia plant. The Valdosta based facility distributes honey across the United States and exports to Canada and Japan, employs 39 people from Valdosta and surrounding communities, and partners with local bee farmers in Georgia and Florida to supply several varieties of honey including Orange Blossom, Palmetto, Gallberry, Tupelo, Wildflower and Honeycomb.
“Nature Nate’s investment in our community has doubled from initial projections to $3.5 million dollars invested since 2015,” said Andrea Schruijer, Executive Director of the Valdosta-Lowndes County Development Authority. “Nature Nate’s honey company is an example of the positive national impact companies can have here in Valdosta-Lowndes County.”

Posted by: AT 09:31 am   |  Permalink   |  Email
Monday, June 05 2017

Mesa, AZ — Niagara Bottling, LLC, the largest, private-label bottled water supplier in the U.S., announced it will establish a 450,000-square-foot, highly automated manufacturing and bottling operation in the City of Mesa’s Elliot Road Technology Corridor.
“The investment that Niagara Bottling is making in Mesa is a very significant one and I could not be happier that they have chosen to make it in District 6,” District 6 Councilmember Kevin Thompson said. “The Elliot Road Technology Corridor is such an important area for our region and they will be a tremendous addition.”
Niagara Bottling will invest $76 million in the facility and will create 45 to 55 new jobs with a total payroll of more than $2.5 million annually. The company expects to begin construction in June this year and commence production in the first quarter of 2018.

Posted by: AT 01:52 pm   |  Permalink   |  Email
Thursday, June 01 2017

An estimated 180 new jobs will be created directly by McCain Foods

Burley, ID -- McCain Foods USA, a division of McCain Foods Limited, the world’s largest producer of frozen potato products, announced their plans to expand production capacity in Burley, Idaho for frozen french fries. McCain plans to invest over $200 million to expand its state-of-the-art production facility, and expects to create over 180 new jobs directly.

This investment is in response to increased demand for McCain branded products in North America and around the world. “In 2016, we reviewed all of our North America sites and narrowed the potential for expansion to a handful that could best help us meet the growing demand for McCain products” said Jeff DeLapp, Regional President, North America “In the end, we chose Burley due to its proximity to quality potatoes, availability of skilled workforce, and strong community and state level support.”

Posted by: AT 08:04 am   |  Permalink   |  Email
Share this story

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: