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 Economic Development News 
Monday, July 31 2017

GDX to provide innovative approach to Department of Defense contracting

Atlanta, GA -- Governor Nathan Deal announced the launch of the Georgia Defense Exchange (GDX), an interactive business development platform designed to assist Georgia businesses in finding new opportunities in Department of Defense (DOD) contracting.
“From the Bell Bomber Plant during WWII to the NSA and U.S. Army Cyber Command in Augusta today, Georgia enterprises enjoy a storied history of fulfilling contracts for national defense,” said Deal. “Last year alone, defense contracts executed in Georgia were valued at $6.4 billion. These contracts provide significant opportunities for Georgia businesses and drive new development in local communities across the state. The GDX platform will allow us to equip companies with the tools they need to be competitive in acquiring DOD contracts while ensuring that this long-standing tradition continues in Georgia.”

Posted by: AT 12:00 pm   |  Permalink   |  Email
Thursday, July 27 2017
GPA marks busiest June, record year

Six new ship-to-shore cranes approved

Savannah, GA -- At its July board meeting, the Georgia Ports Authority reported record fiscal year results and approved the purchase of six new ship-to-shore cranes.
In FY2017, the GPA moved an all-time high of 3.85 million twenty-foot equivalent container units, an increase of 6.7 percent, or 242,221 TEUs over the previous year. In the last half of FY2017 alone, the Port of Savannah handled an impressive 1.99 million TEUs, for a growth rate of 11.6 percent over the same period in FY2016.

Posted by: AT 10:57 am   |  Permalink   |  Email
Tuesday, July 25 2017

Company creating more than 150 jobs at new logistics operations
Columbia, SC — Rudolph Logistics Group, an international logistics service provider, is launching a new warehousing operation in Spartanburg County. The Germany-based company is projected to bring more than $18 million of capital investment and create at least 150 new jobs.
Headquartered in Baunatal, Germany, Rudolph Logistics Group is a globally-active logistics and supply chain company that develops and provides comprehensive solutions for a wide range of industries. With an emphasis on the automotive and transportation sectors, the group implements a variety of services to optimize its clients' supply chains.

Posted by: AT 09:50 am   |  Permalink   |  Email
Monday, July 24 2017

To Create 30 New Full-Time Jobs

Valdosta, GA -- Hunt Industries, a full-service provider of high-quality specialty construction and general contracting services for industrial projects is expanding its operations in Valdosta-Lowndes County, Georgia. This expansion will create 30 new jobs, and represent a capital investment of $5 million.

“Valdosta-Lowndes County is proud to be home to Hunt Industries and thrilled they are expanding in our community”, said Tom Call, chairman of the Valdosta-Lowndes County Development Authority. “Investments into job creation in Valdosta and Lowndes County is important, because it enhances to the economic vitality of our community”, said Call.

Posted by: AT 02:19 pm   |  Permalink   |  Email
Wednesday, July 19 2017

Biopharmaceutical manufacturer creating 100 jobs to accommodate growth
Columbia, SC — AmbioPharm, Inc. (API), a full-service peptide and biopharmaceutical manufacturing company, is expanding its existing Aiken County operations. The expansion is projected to bring $18 million of new capital investment and lead to the creation of 100 jobs over the next five years.
AmbioPharm started its business in South Carolina in 2007 by establishing its company headquarters and downstream manufacturing operations in a 10,000-square-foot facility in the North Augusta Industrial Park. That same year, API also opened its Shanghai, China operations, which focuses on the synthesis, as well as the research and development, of pharmaceutical products. In 2014 and 2015, the company made major facility expansions to its Aiken County operations.

Posted by: AT 01:43 pm   |  Permalink   |  Email
Friday, July 14 2017

Company to invest $79 million to double current Florence manufacturing capacity

Columbia, SC — Ruiz Food Products, Inc., a producer of frozen food and snack products, is expanding its existing Florence County operations. The $79 million investment is expected to create 705 new jobs over the next several years.
El Monterey™ is the flagship frozen Mexican food brand for Ruiz Foods and the top-selling brand of frozen Mexican food in the United States. Its products include burritos, tamales, breakfast burritos, empanadas, quesadillas, taquitos and more. Tornados™, also distributed nationally, is the company's snack brand and a leader on convenience store roller grills. Ruiz Foods produces these items at facilities in California, South Carolina and Texas, employing nearly 3,600 team members nationwide.

Posted by: AT 10:42 am   |  Permalink   |  Email
Friday, July 14 2017

Trenton, NJ —- Following approval of Grow New Jersey (Grow NJ) tax credits by the New Jersey Economic Development Authority (EDA) Board, announced its decision to expand its presence in New Jersey by opening a state-of-the-art corporate office in Jersey City, where it plans to create more than 150 new jobs.

Advanced under the New Jersey Economic Opportunity Act (EOA), Grow NJ is the State’s main job creation and retention incentive program. The approval of Grow NJ tax credits for was based solely on creation of new jobs in New Jersey that would otherwise be created outside of the State. The company will also maintain its primary manufacturing and distribution operations in Cranford, where it employs 158.

Posted by: AT 10:33 am   |  Permalink   |  Email
Friday, July 14 2017

Tech Company Plans to Invest $26.5 Million to Expand its Stamford Offices, Where it Will Add 500 New Jobs to its Current Workforce of 700 Employees
Hartford, CT — Governor Dannel P. Malloy and executives from Indeed announced that the internet company has plans to significantly increase its presence in Connecticut by investing $26.5 million to expand its Stamford offices, where its workforce already exceeds 700 employees. The expansion project will see the creation of as many as 500 new jobs in the coming years, bringing the company’s Connecticut job presence to over 1,200 employees.
“This is a significant win for Connecticut’s economy and a testament to the quality of our workforce,” Governor Malloy said. “Indeed is an innovative, high-tech company that has been steadily growing services and adding hundreds of new, good-paying jobs, going from a handful of employees over a decade ago to 700 working in Stamford today. The company is now poised to significantly expand again, and we welcome the company’s capital investment in our state and the growth of hundreds of high-quality jobs that will follow.”

Posted by: AT 10:28 am   |  Permalink   |  Email
Friday, July 14 2017

Newburgh, IN — Alcoa Corporation announced plans to restart three idled lines at its aluminum smelting facility in southwest Indiana, affirming its commitment to manufacturing in Indiana. 

“With its decision to restart operations in Indiana, Alcoa is showcasing the value that this facility and Indiana’s manufacturing expertise provide to its global operations,” Governor Eric J. Holcomb said. “In Indiana we’re witnessing incredible momentum as manufacturers continue to choose Indiana for growth, and we’re pleased that Alcoa once again chose Indiana.” 

The Pittsburgh-based company will invest between $30 and $35 million to restart the three lines supporting Alcoa’s existing rolling mill at the facility, which produces flat-rolled aluminum for the food and beverage market in North America. Alcoa is currently in the process of restarting the lines, which were previously shut down in March 2016, and plans to have them fully operational by the second quarter of 2018. Once operational, the lines will have an annual smelting capacity of 161,400 metric tons.

Posted by: AT 10:21 am   |  Permalink   |  Email
Friday, July 14 2017

Orlando, FL -, Inc. announced plans to open a new fulfillment center in Orlando, Fla. When the site opens in 2018, Amazon will create 1,500 new full-time jobs with benefits and opportunities to engage with Amazon Robotics in a highly-technological workplace.
“We are excited to join the Orlando community, creating more than 1,500 full-time jobs at our new fulfillment center,” said Akash Chauhan, Amazon’s vice president of North America operations. “We very much appreciate the state and local elected leaders who have supported Amazon’s arrival in Orlando and we look forward to bringing more jobs and investment to the state in the coming months.”

Amazon employees at the more than 850,000 square-foot fulfillment center located at Lake Nona will pick, pack and ship small items to customers like books, electronics or consumer goods.

Posted by: AT 10:13 am   |  Permalink   |  Email
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