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 Economic Development News 
Friday, September 27 2019

By Scott Harrison

  • Nippon Paint (USA) Inc. will expand its U.S. automotive manufacturing footprint by investing approximately $60 million and creating 150 jobs
  • Top paint and coatings manufacturer will build 270,000-square-foot LEED certified manufacturing facility
  • New plant to produce automotive paint and coatings, including electrocoat (“E-Coat”) and topcoat to supply its automotive customers in the U.S., Canada and Mexico 

Chattanooga, TN -- Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe, and Nippon Paint (USA) Inc. CEO Tetsuro Fujita announced that Nippon Paint will invest approximately $60 million to establish a facility in Chattanooga.

Nippon Paint (USA) will create 150 jobs in Hamilton County over the next five to seven years.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:58 am   |  Permalink   |  Email
Thursday, September 26 2019

$75 million capital investment will create 145 life-science jobs in the region

Madison, WI -- Catalent Biologics’ cell line development and biomanufacturing site in Madison is expanding with a $75 million investment expected to create at least 145 new jobs by the end of 2021, Governor Tony Evers, local leaders and company officials announced.

“We are grateful Catalent has decided to continue investing in Wisconsin and create opportunities in Madison,” said Governor Evers. “The numerous high-paying jobs created by this expansion will require an educated workforce to support new roles, which provides another example of how backing education in Wisconsin creates opportunities for businesses to grow and utilize our strong workforce.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:41 pm   |  Permalink   |  Email
Wednesday, September 25 2019

Specialty online retailer will retain 189 existing jobs and create 50 additional online sales jobs

Baton Rouge, LA -- Governor John Bel Edwards and BBQGuys CEO Mike Hackley announced the company will expand its online sales operation in Baton Rouge. Formerly known as ShoppersChoice.com, BBQGuys is an online retailer specializing in grills and smokers, outdoor kitchens, patio furniture and other leisure products.

BBQGuys will create 50 new direct jobs, with an average annual salary of $41,600, plus benefits. Louisiana Economic Development estimates the project will result in 22 new indirect jobs, for a total of 72 new jobs in East Baton Rouge Parish and the Capital Region. The company also is retaining 189 existing jobs.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:49 pm   |  Permalink   |  Email
Wednesday, September 25 2019
  • Global insurance broker Acrisure to invest $33M and create 400 new, high-paying jobs in downtown Grand Rapids
  • Project is first in Grand Rapids area to win Good Jobs for Michigan support

Lansing, MI -- Acrisure, one of the top 10 insurance brokers worldwide, will be relocating and expanding its headquarters to downtown Grand Rapids with support approved today by the Michigan Strategic Fund including support through the Good Jobs for Michigan program. When completed, the expansion into the city of Grand Rapids is expected to generate an investment of $33 million.

Acrisure has also committed to creating and maintaining a minimum of 400 new high-paying jobs, above the current statewide employment level of 873, with an average wage of $74,464. Based on the size of the investment and number of jobs to be created, Acrisure qualifies for a Good Jobs for Michigan 10-year withholding tax capture valued at $6 million.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:07 am   |  Permalink   |  Email
Tuesday, September 24 2019
Alibaba.com to Offer Northwest Illinois Businesses Global Reach 

Morrison, IL -- Leading B2B E-commerce platform Alibaba.com is coming to Whiteside County on October 3, 2019, to introduce Northwest Illinois exporters and export ready businesses to the Alibaba.com Gold Supplier Program, an eCommerce platform that offers small and mid-sized businesses the ability to sell to markets served by Alibaba.com, including the U.S., Canada, Europe, India and Brazil and Asia.  
 
Whiteside County Economic Development and its local partners will host a meeting for representatives from Alibaba B2B in North America and the region’s businesses on Thursday October 3, from 9:00 AM – 12:00 PM at Morrison Institute of Technology.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:14 am   |  Permalink   |  Email
Tuesday, September 24 2019
Savannah Achieves 16.5 Percent Growth in Container Volumes

GPA issues call to action for development         

Savannah, GA -- The Georgia Ports Authority achieved its busiest month ever for containerized trade in August, handling 437,750 twenty-foot equivalent container units. At the GPA Board meeting Tuesday, Executive Director Griff Lynch reported August volumes grew by 62,000 TEUs or 16.5 percent compared to the same month last year.
 
"We're seeing an early and strong start to peak season at the Port of Savannah," said GPA Executive Director Griff Lynch. "In addition to expanding trade on our regular weekly services, shipping lines are adding calls by sweeper ships to meet rising demand."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:04 am   |  Permalink   |  Email
Monday, September 23 2019

Block.one to invest $10 million, establish U.S. headquarters

Richmond, VA -- Governor Ralph Northam announced that Block.one, a leader in providing high-performance blockchain software, will invest $10 million and establish its U.S. headquarters in Arlington County. Virginia successfully competed with Washington, D.C. for the project, which will create 170 new jobs over a period of three years.

“Block.one maintains a strong presence at its Blacksburg operation, and we are thrilled that this global company will expand its footprint in Virginia by locating its U.S. headquarters in Arlington County,” said Governor Northam. “Blockchain and other technologies are rapidly evolving, and industry pioneers like Block.one help to bolster the Commonwealth’s reputation as a leader in the information technology sector. The company’s continued growth in Virginia is a tremendous testament to the flourishing high-tech talent pool that is prevalent in diverse regions of the Commonwealth, from the New River Valley to Northern Virginia.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 12:03 pm   |  Permalink   |  Email
Tuesday, September 17 2019

By Colin McEvoy

Keurig Dr Pepper will operate a manufacturing facility at the site of the former Kraft-Heinz plant in Upper Macungie Township, creating 378 new jobs over the next three years.

Keurig Dr Pepper will operate a new state-of-the-art manufacturing and distribution facility at the site of the former Kraft-Heinz plant in Upper Macungie Township, a project that will create nearly 400 new full-time jobs in Lehigh Valley.

The company will invest $219.7 million into the new 1.5 million square-foot facility in the Park 100 Logistics Center, and has pledged to create at least 378 new jobs over the next three years, according to Keurig Dr Pepper and the office of Pennsylvania Gov. Tom Wolf.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:49 pm   |  Permalink   |  Email
Thursday, September 12 2019

At the deepwater ports of Savannah and Brunswick, the GPA and its maritime logistics partners moved a record 4.5 million TEUs and more than 600,000 units of Roll-on/Roll-off cargo in FY2019. The Georgia Ports Authority is scaling up its terminal infrastructure to handle the next wave of cargo growth. For more information, visit gaports.com/stateoftheport.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:00 am   |  Permalink   |  Email
Thursday, September 12 2019

Eagle Aviation Technologies, LLC to expand manufacturing facility
 
Richmond, VA -- Governor Ralph Northam announced that Eagle Aviation Technologies, LLC, an industry leader in composites design and fabrication, will invest $207,500 to expand its manufacturing facility in the City of Newport News. The company will add new production equipment at the operation and create 75 new jobs.

“Innovative companies like Eagle Aviation Technologies have an important role in propelling our 21st-century economy forward, which is why my administration has made it a priority to support businesses of every size and in all industries,” said Governor Northam. “The success of the company has reached new heights from its growing operation in the City of Newport News, and we are proud that the Virginia Jobs Investment Program will bolster the hiring and training efforts for 75 new jobs being created.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:07 am   |  Permalink   |  Email

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