Skip to main content
#
 
rss feedemail usour twitterour facebook page pintrestlinkdin
Home
Economic Development News
Magazine
Conference & Expo List
Target Industry Directory 2018
Advertise With Us
About Us

Economic Development News

Friday, June 29 2018

$1.2 billion investment will double capacity of technology-based steel mill and recycling facility
 
Osceola, AR — Big River Steel announced that it is expanding its LEED-certified, Arkansas-based scrap recycling and steel production facility. The expansion will double Big River Steel’s hot-rolled steel production capacity to 3.3 million tons annually. In addition, the expansion will facilitate the company’s ability to produce even higher grades of electrical steel, demand for which is expected to increase with continued focus on energy efficiency and the increase in hybrid and electric vehicle sales. 
 
“Our $1.2 billion expansion will further cement Big River Steel’s position as a global leader in terms of advanced manufacturing and environmental stewardship,” said Dave Stickler, Big River Steel’s chief executive officer. “Announcing this investment less than 18 months after beginning operations is a testament to the hard work and great success of the men and women on our team.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:02 am   |  Permalink   |  Email
Thursday, June 28 2018

New facility will support Inland Port Dillon and create 54 new jobs
 
Columbia, SC — Container Maintenance Corporation announced plans to open a new facility in Dillon County. Designed to support the newly-opened Inland Port Dillon, Container Maintenance of Dillon is bringing $11.5 million of capital investment and creating approximately 54 jobs.
 
Providing container and chassis maintenance for a variety of regional clients, Container Maintenance Corporation offers repair, upkeep and depot services, as well as storage and redistribution of intermodal equipment. The company's new Dillon County facility complements its existing Charleston County facility, which supports the Port of Charleston.
 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:23 am   |  Permalink   |  Email
Tuesday, June 26 2018

Nearly 400 people gathered to celebrate the grand opening of Inland Port Dillon.

Dillon, SC -- South Carolina Ports Authority held the grand opening of Inland Port Dillon, its second inland facility constructed in the state to handle strong growth of the Port's intermodal rail cargo volumes and deepen the Port's reach into markets through the Carolinas to the Northeast and Midwest.

"Inland ports provide needed infrastructure in the interior of the state to support the movement of freight to and from our marine terminals," said Jim Newsome, SCPA president and CEO. "The addition of Inland Port Dillon to the Port's network diversifies our reach and enables port users to gain logistics efficiencies through rail transportation of their cargo. We've had tremendous support from the Dillon region to date and look forward to growing our cargo base for the facility."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 03:13 pm   |  Permalink   |  Email
Tuesday, June 26 2018

Golden Triangle, MS -– Steel Dynamics, Inc. announced plans to expand its offering of value-added flat roll steel products through the addition of a new galvanizing line in Columbus, Mississippi. The company plans to invest more than $200 million and create 45 new jobs over three years, adding a third galvanizing line at its Columbus Flat Roll Division.

“Since our acquisition of Columbus in late 2014, the team has done a tremendous job transforming the through-cycle earnings capability of this facility. This wave of investment is the next step in our vision,” said Mark D. Millett, President and Chief Executive Officer.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:15 pm   |  Permalink   |  Email
Tuesday, June 26 2018

Gilbert, AZ -- Gilbert, Arizona is thrilled to welcome leading professional services organization, Deloitte, as it announces an expansion of its Arizona footprint with a new U.S. Delivery Center for technology solutions. The initial $34 million investment will result in the occupancy of 102,000-square-feet of space at The Commons at Rivulon, a development at Gilbert Road and the Santan Loop 202 freeway. The project is expected to generate 2,500 jobs in the Gilbert community over multiple phases.

“Gilbert is the perfect home for Deloitte as there are a multitude of opportunities for synergy between the world class organization and this community,” said Gilbert Mayor Jenn Daniels. “With the creation of these high-wage jobs, Deloitte will be one of the largest employers in Gilbert. This will not just benefit those in Gilbert but all of the Phoenix-metro area.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:33 am   |  Permalink   |  Email
Thursday, June 21 2018

Newly Merged Company Creates 85 New Jobs, $1.6 Million Investment

Fort Smith, AR -- As a result of a recent merger, Midwest Automation Custom Fabrication Inc. announced it has chosen Fort Smith as its new manufacturing headquarters location. The new entity was conceived after a merger between Custom Fabrication and Engineering, a steel manufacturer in Fort Smith, Arkansas, and Midwest Automation in Arkoma, Oklahoma. The new company, Midwest Automation Custom Fabrication, Inc., is creating 85 new jobs and investing more than $1.6 million in the Fort Smith region. Combined the two companies will employ approximately 120 employees with a total annual payroll of nearly $5 million.

“To be able to bring this new company to Fort Smith is extremely exciting for us,” said Darrell Robinson, partner with Midwest Automation Custom Fabrication. “Working closely with the Fort Smith Regional Chamber and Arkansas Economic Development Commission tipped the scales in favor of Fort Smith.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:25 pm   |  Permalink   |  Email
Thursday, June 21 2018

Timken Company Expanding Operations at the Tyger River Plant in Union, S.C.

Union, SC -- Timken Tyger River Plant, a leading manufacturer of bearings and bearing components, announced that it is acquiring new equipment and machinery to increase capacity at the Union County facility. The project is expected to bring over $2.5 million in capital investment to expand operations and industrial growth.  

The Timken Company is a Fortune 500 company which began in 1899. Timken has operated in Union County more than 52 years and supplies over 17,000 different bearings components to industrial customers worldwide. The Timken Tyger River Plant is a 350,000 square foot building located at 408 Industrial Drive, Union SC.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:11 pm   |  Permalink   |  Email
Tuesday, June 19 2018

Metal, millwork and stonework manufacturer to create 50 new jobs

Nashville, TN -- Tennessee Department of Economic and Community Development Commissioner Bob Rolfe and Tate Ornamental, Inc. officials announced it will expand its White House operations. The metal, millwork and stonework manufacturer will create 50 new jobs and invest $6 million in Robertson County.

“I want to thank Tate Ornamental for choosing to expand in Robertson County and for its continued investment in White House,” Rolfe said. “Since 2011, more than 77,000 jobs have been created in the manufacturing sector and I appreciate Tate Ornamental for creating 50 new manufacturing jobs in White House.”

Tate Ornamental is a family owned and operated company that has been in business since 1988. The company manufactures ornamental metal, architectural millwork and stonework for many industries including hospitality, corporate offices, shopping centers, museums, government buildings and more.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:11 pm   |  Permalink   |  Email
Tuesday, June 19 2018

Company produces high quality dietary supplements, plus nutritional, prescription and OTC products, for leading U.S. and global retailers and contract customers

Greenville, SC -- International Vitamin Corporation (IVC), which produces high quality dietary supplements along with nutritional, prescription and OTC products, will invest several million dollars and add a significant number of positions to expand operations at its Greenville County, S.C. facilities over the next several years.

Founded more than 55 years ago, IVC produces high quality dietary supplements for leading food, drug, mass and club retailers in the United States. The company also produces nutritional, prescription and OTC products for contract customers around the world. IVC’s recognized ability to deliver on innovation, quality and supply chain efficiency has enabled IVC to become one of the largest and fastest growing private label nutritional supplement companies in the nutritional marketplace.

“This expansion of our Greenville County presence represents an important step in the growth of our business,” said Steven Dai, President and CEO for International Vitamin Corporation.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:40 am   |  Permalink   |  Email
Friday, June 15 2018

Electric motor manufacturer to create 300 new jobs

Lexington, TN — Tennessee Governor Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Nidec Motor Company officials announced that the company will expand its current operations in Lexington. The electric motor manufacturer will create 301 new jobs and invest $18 million in Henderson County.

“I want to thank Nidec for choosing to expand its operations in Lexington and for creating more than 300 new jobs in Henderson County,” Haslam said. “This is a big deal for Lexington and one of the largest economic development announcements we’ve had here since 2011. I appreciate Nidec for continuing to invest in Henderson County and helping Tennessee lead in the creation of high-quality jobs.” 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:38 am   |  Permalink   |  Email
Thursday, June 14 2018

Photo Caption: Hopper dredge Padre Island as seen working in the Port of Savannah shipping channel earlier this year. The Savannah Harbor Expansion Project is on schedule for completion in late 2021. Find print quality images here. (Georgia Ports Authority / Stephen B. Morton)

Harbor expansion receives full funding for year

Savannah, GA — The Port of Savannah handled 3 million tons of cargo in May, an increase of 8.9 percent or 247,671 tons compared the same month a year ago. Total cargo crossing all terminals reached 3.22 million tons.
 
"Our May numbers reflect strong performances in breakbulk and containerized trade, showing growing global demand for both retail goods and manufacturing inputs," said GPA Executive Director Griff Lynch.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:12 am   |  Permalink   |  Email
Wednesday, June 13 2018

National cost comparison survey finds food processors can save up to 25% in Great Falls due to proximity to raw materials, low costs and transportation access

Great Falls, MT — The Great Falls Montana Development Authority (GFDA) announced that Great Falls is the least expensive market to operate a food processing plant based on a review of 25 U.S. cities. The study, conducted by The Boyd Company, found that annual operating costs for a 325-person food processing plant in Great Falls are 25% less than the most expensive metro, Boston, MA.

"Our analysis focused on geographically variable cost elements considered to be most pivotal within the corporate site selection process," says John Boyd, Principal, The Boyd Company, a Princeton, NJ-based site selection firm. "Great Falls came out on top because of its low land and construction costs, and its proximity to raw materials including livestock, wheat, nuts and seeds."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:00 am   |  Permalink   |  Email
Wednesday, June 13 2018

Medical technology company creating 125 new jobs
 

Columbia, SC — BD (Becton, Dickinson and Company), a leading global medical technology company announced a $150 million investment in its existing Sumter County manufacturing facility. The company is projected to create an additional 125 new jobs over the next several years.
 
Employing more than 65,000 associates worldwide, BD is one of the world's largest medical technology companies and supports health care providers in more than 190 countries. BD's Sumter County facility has been in operation since 1970, manufacturing blood collection devices that are critical to the health care industry. 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:39 am   |  Permalink   |  Email
Tuesday, June 12 2018

Jackson, MS — Leading industrial supply company Fastenal is locating a distribution center in Madison County, Mississippi. The project is an $11.5 million investment and will create 60 jobs over the next three years. 

“Fastenal’s decision to locate in Mississippi shows we have the right tools for global companies to grow their operations. The state’s skilled workforce and logistical advantages make Mississippi a top destination for any company looking to accelerate their business,” Governor Phil Bryant said.

Fastenal provides companies with fasteners, tools and supplies needed to manufacture products, build structures and maintain facilities and equipment. The new 129,000-square-foot Madison County distribution center, the company’s 15th in North America, will be located off of Sowell Road.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:05 am   |  Permalink   |  Email
Tuesday, June 12 2018

Morrison, IL — The Innovation Center at Morrison Tech is rapidly proceeding, with construction of the exterior and infrastructure nearly complete. Chris Scott, Morrison Tech’s President said, “We’re right on schedule, and we expect the center to be operational by late August.  This is the culmination of years of planning and effort, and it will be a symbol of Morrison Tech’s commitment to Engineering Technology and STEM education. It will provide unique opportunities for students, educators, businesses, innovators, and artists.” 

Scott added, “This significant investment will enable the college to host numerous activities and foster collaboration between Postsecondary Education, K-12, and Private Industry. The regional workforce climate is very important to Morrison Tech, and we believe that regional success is furthered by a combination of quality school facilities and programs, thriving businesses, resilient local economies, and communities with a high quality of life. The Innovation Center is a product of this type of collaboration.” 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:54 am   |  Permalink   |  Email
Tuesday, June 12 2018

Photo Caption: Idaho Governor C.L. “Butch” Otter (center in navy blazer) joins Premier Technology and other dignitaries for the ground breaking of the company’s multi-phase expansion in Blackfoot, Idaho.

Blackfoot, ID — Premier Technology, Inc. has initiated a multi-phase expansion to its facility in Blackfoot, Idaho. Improvements to existing facilities are already underway and will continue throughout the summer. Premier is also adding new equipment with state-of-the-art technology and over 100 new jobs in professional and various skilled trades, such as welding.

“Doug and I are pleased to continue making investments not only in our employees but also the facilities, local infrastructure, and the community around us that have been so supportive,” said Shelly Sayer, Chief Executive Officer. “We are grateful to the City of Blackfoot and Bingham County for championing the project.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:22 am   |  Permalink   |  Email
Friday, June 08 2018

Harrisburg, PA — Governor Tom Wolf announced that AmerisourceBergen, a global health care solutions provider, has selected Pennsylvania as the location to expand its national headquarters, a move that is expected to create more than 550 new family-sustaining jobs in Montgomery County where the expansion will take place.

“This project is so significant not just because one of the world’s largest pharmaceutical distributors is expanding its headquarters here, but because of the magnitude of that expansion,” Governor Wolf said. “This expansion will create more than 550 jobs in IT, management, accounting, and human resources that will provide family-sustaining wages to so many workers in the region and bring a significant boost to the regional economy. Opportunities like this are rare, so to have AmerisourceBergen commit to Pennsylvania for its future growth is truly exciting news. I applaud AmerisourceBergen and welcome them to many more years of success here in the commonwealth.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:27 am   |  Permalink   |  Email
Friday, June 08 2018

Morrison, IL — There have been several food trends emerging over the past few years, and one of the biggest is the “Farm-to-Fork” movement, where people are getting closer to the source of their food, and knowing the producer and their production methods. To help people connect directly with growers and producers in the Whiteside/Northwest Illinois region, Gary Camarano, Whiteside County’s Economic Development Director, and Lauren Lee, the County’s Geographic Information Systems (GIS) Coordinator, collaborated on developing a “Local Food Hub” map to help consumers identify and visit local growers and food producers. 

The collaboration has resulted in a “Whiteside County Story Map” that identifies several categories of food growers and producers, including Farmer’s Markets, Farm Stands, Orchards & Pumpkin Patches, Local Food & Meat Processing, Wineries & Breweries, Family Farms, and the almost famous “Chocolate Trail”. The link to the “Local Food Hub” map can be found on the County’s website under the Economic Development department’s tab, or at the following link: http://arcg.is/2wlrTqZ

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:48 am   |  Permalink   |  Email
Tuesday, June 05 2018

Harrisburg, PA — Governor Tom Wolf announced that Acutec Precision Aerospace (Acutec), Inc., a woman-owned manufacturer of components and subassemblies for the aerospace industry that has been located in Crawford County for more than thirty years, will further invest in the city of Meadville by expanding its aerospace manufacturing facility located in the city and creating 60 new manufacturing jobs.

“The decision by a high-tech manufacturer like Acutec Precision Aerospace to grow its workforce here in Pennsylvania shows that the industry recognizes the quality of our workers,” Governor Wolf said. “Acutec has a decades-long history in Crawford County, and I applaud their decision to stay here and grow in the years ahead. This is great news for workers in the area, great news for Acutec, and great news for Pennsylvania.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:04 am   |  Permalink   |  Email
Tuesday, June 05 2018

Tallahassee, FL — Charlotte County, Florida earned two of twelve awards presented by The Florida Economic Development Council (FEDC) at their annual conference. The conference was held at the Sanibel Harbour Marriott in Fort Myers from May 21st to May 23rd.  FEDC is Florida’s professional association for economic, workforce and community developers. It represents over 500 members across 67 counties and 400 cities, as well as universities, utilities, seaports, airports and industrial authorities. The organization is headquartered in Tallahassee.

Charlotte County won two “2018 Promotional, Marketing and Innovation Awards” for best ad campaign and best external publication. The County created an inspirational, multi-media ad campaign called “Sky’s the Limit,” building on the success of the community landing one of the nation’s top aviation colleges. The ad campaign drew over 7,500 new visitors to the County’s economic development website in its first three months, a 66% increase over the previous site. A media campaign on Twitter and LinkedIn produced over 800,000 impressions in the same time period.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:34 am   |  Permalink   |  Email
Tuesday, June 05 2018

Whitestown, IN — Rockwell Automation (NYSE: ROK), a Fortune 500 company specializing in industrial automation and information, announced plans to establish operations in Boone County, moving current operations in Champaign, Illinois, and Memphis, Tennessee, to Indiana. With its growth, the company plans to create up to 231 new jobs by the end of 2023. 
 
“Indiana’s central location, pro-growth business climate and skilled workforce continue to attract leading companies from around the world,” Gov. Holcomb said. “With the highest concentration of manufacturing jobs in the nation and a thriving tech ecosystem, Indiana is positioned to be a leader in smart manufacturing. We look forward to Rockwell Automation joining the Indiana team and being a critical resource for our 8,500 manufacturers across the state.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:30 am   |  Permalink   |  Email
Friday, June 01 2018

New Jobs Coming to Brunswick County

Brunswick County, VA -- The Brunswick County Industrial Development Authority, the Brunswick County Board of Supervisors,  and the Town of Lawrenceville announced today KASS Foods, a healthy snack food manufacturer, will invest to establish an operation in Brunswick County, Town of Lawrenceville. Virginia successfully competed against North Carolina and Maryland for the project, which will bring eight new jobs to the region.

Mike Dotti, Chair of Brunswick County IDA Board said, “It is an easy thing to say Brunswick County is open for business. To create an environment where new business is possible takes the work of a lot of people. We could not have done this without our team. The Board of Supervisors, Carthan Currin, Economic Development Director, C. J. Dean and the Town of Lawrenceville, the Tobacco Commission, the amazing IDA board all moving forward under the proactive leadership of our County Administrator, Dr. Woolridge. A special thanks to Ajay and the fine people of KASS for their investment in our County.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:25 am   |  Permalink   |  Email
Friday, June 01 2018

Charlotte County, FL -- Governor Rick Scott announced on May 30 that Charlotte County will receive an $800,000 grant as part of the Florida Job Growth Fund. The Job Growth Fund provides financial assistance for public infrastructure projects and job training. Grant recipients are selected by the governor following recommendations from the Florida Department of Economic Opportunity and Enterprise Florida, a public-private partnership created to spur economic development in the state.

“Florida Job Growth Fund grants are awarded to a limited number of applicants. This grant shows that Gov. Scott and his team are believers in the economic potential of Charlotte County. We are proud of our strong working relationships with the state and sincerely appreciate being selected for a grant of this magnitude,” said Charlotte County Commission Chairman Ken Doherty.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:08 am   |  Permalink   |  Email
Share this story
Twitter
Facebook
LinkedIn

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: info@ExpansionSolutionsMagazine.com

Latest Posts