March 22, 2024
Via: Business Facilities MagazineToday, the U.S. Treasury Department and Internal Revenue Service (IRS) released guidance that provides additional information about the bonus for clean energy projects and facilities under the Inflation Reduction Act (IRA). This bonus is intended to help energy communities harness […]
March 13, 2024
Via: Business Facilities MagazineThis week marks the third anniversary of the American Rescue Plan Act of 2021 (ARP), and Secretary of the U.S. Department of the Treasury Janet L. Yellen marked the occasion with a visit to Elizabethtown, KY to tour the new […]
Design & Planning, Industry Focus Areas, Motorized Vehicle, Process
March 5, 2024
Via: Business Facilities MagazineGlobal motion technology company Schaeffler will expand its operations in the U.S. with the addition of a new manufacturing facility focused on producing solutions for the electric vehicle (EV) industry. Schaeffler will invest more than $230 million to build the […]
February 28, 2024
Via: Business Facilities MagazineThis week, Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) to announce Michigan Strategic Fund (MSF) approval of two projects in the future mobility and green energy sectors. Together, the Corning Incorporated and Lucid Motors projects will generate […]
February 26, 2024
Via: Business Facilities MagazineCompanies across industries have chosen to expand their operations in Utah — due, in part, to tax credits. Pattern, a global e-commerce and marketplace acceleration platform, plans to add more than 500 jobs and invest nearly $26 million in the […]
February 13, 2024
Via: Business Facilities MagazineA global leader in the industrial automation technology industry will soon establish its presence in South Carolina. Omron Automation chose Spartanburg County for its $9.2 million investment, according to the South Carolina Department of Commerce. Gov. Henry McMaster said the […]
January 16, 2024
Via: Business Facilities MagazineStardust Power Inc. will build a new battery-grade lithium refinery at Southside Industrial Park in Muskogee, Oklahoma. The manufacturer of battery-grade lithium products is expected to be eligible to receive up to $257 million in state and federal economic incentives […]
January 11, 2024
Via: Business Facilities MagazineCapital Concrete Co. will invest $8.25 million to add a facility in Fairfield County, South Carolina. The construction materials supplier expects to create 17 jobs with the new operation in Ridgeway, according to the South Carolina Department of Commerce. “Capital […]
January 5, 2024
Via: Business Facilities MagazineMicrochip, a leading producer of semiconductor devices announced yesterday a preliminary memorandum of terms (PMT) resulting in $90 million to modernize and expand a its fabrication facility in Colorado Springs, Colorado as part of $162 million in overall direct funding […]
December 18, 2023
Via: Business Facilities MagazineNew York state has entered into a $10 billion partnership with several semiconductor industry leaders to establish research and manufacturing in the state, creating at least 700 jobs in the process. Governor Kathy Hochul said the collaboration, which includes the […]
December 12, 2023
Via: Business Facilities MagazineLast month, companies announced 11 large-scale clean energy and clean vehicle projects across the United States, according to the latest monthly analysis from national nonpartisan business group E2. Seven of November’s 11 announcements included details on employment and/or investment plans, […]
December 7, 2023
Via: Business Facilities MagazineNorway-based Elopak will build its first U.S. production plant in Little Rock, Arkansas. The plant — which will produce Pure-Pak® cartons (Gable Top packaging) for liquid dairy, juices, plant-based products and liquid eggs — will feature the latest state-of-the-art technology […]
November 20, 2023
Via: Business Facilities MagazineA full-service residential and commercial HVAC provider plans to create 300 new jobs as part of its nearly $6 million expansion in Maryland Heights, Missouri. The Hoffman Brothers’ 20,000-square-foot expansion includes a shared services space to accommodate its growth in […]
November 15, 2023
Via: Business Facilities MagazineExxonMobil recently selected southwest Arkansas for its first phase of North American lithium production—a move the company said demonstrates its “leadership in energy transition.” “Lithium is essential to the energy transition, and ExxonMobil has a leading role to play in […]
November 6, 2023
Via: Business Facilities MagazineIn Dallas-Fort Worth, Texas, Siemens will invest $150 million in a new high-tech manufacturing plant to help power American data centers and critical infrastructure. The plant will produce state-of-the-art reliable and efficient electrical equipment. It will enable accelerated growth of […]
November 1, 2023
Via: Business Facilities MagazineCanadian Solar Inc. will invest a projected $800 million to establish new solar photovoltaic (PV) cell production facility at the River Ridge Commerce Center in Jeffersonville, Indiana. The new plant will produce an annual output of 5GW – equivalent to […]
October 23, 2023
Via: Business Facilities MagazineStrategically located at the heart of the country, Illinois is at the crossroads of commerce, putting businesses, people, and goods within a four-hour flight of the entire North American market — and is home to the world’s most-connected airport. It’s […]
October 16, 2023
Via: Business Facilities MagazineTwo companies will bring a combined 274 jobs to rural Utah because of a state incentive program. C&J Specialties, a Utah-based snack manufacturing company, and Kent Outdoors, a sporting goods manufacturing company, both received a post-performance tax reduction through the […]
Industry Focus Areas, Motorized Vehicle
October 11, 2023
Via: Business Facilities MagazineOnce a unique mode of transportation for the environmentally responsible, electric vehicles (EVs) are now a booming industry that is attracting attention and investment. More than 50 models of EVs and Plug-in Hybrid Electric Vehicles (PHEVs) are available on the […]
October 2, 2023
Via: Electronics WeeklyThe projects will produce the equipment, chemicals, gases, and other materials that are needed in the semiconductor supply chain. The application process is designed to be accessible for smaller businesses and projects. It includes two phases: Concept Plan: Applicants will […]