Top

Tag: Capital Investment


Energy, Industry Focus Areas

Li-Cycle Expanding In New York’s Finger Lakes Region

December 1, 2022

Via: Business Facilities Magazine

In an agreement with New York State, Li-Cycle will create nearly 270 jobs in Monroe County, part of the Finger Lakes Region, through the performance-based Excelsior Jobs Tax Credit Program. The Canadian lithium-ion battery resource recovery company will expand its […]


Aerospace & Defense, Industry Focus Areas, News

GKN Aerospace To Move AM Center Of Excellence To Texas

November 28, 2022

Via: Business Facilities Magazine

GKN Aerospace will relocate its North America additive manufacturing (AM) center of excellence to the Lone Star Commerce Center in Fort Worth, TX. The move will strengthen the UK-based company’s position as an additive technology leader with a larger facility, […]


News

Warehouse, Distribution Company Will Create 745 Jobs In Virginia

November 17, 2022

Via: Business Facilities Magazine

World Class Distribution, Inc. (WCD Inc.) will invest $275 million to establish an operation in Caroline County, Virginia. The warehouse and distribution company will build a 1.2 million-square-foot distribution facility in the Caroline 95 Logistics Park in Ruther Glen. WCD […]


Process, Production

Stellantis, Samsung SDI Team Up To Build $2.5B Lithium-Ion Battery Plant

May 25, 2022

Via: Business Facilities Magazine

Stellantis N.V. and Samsung SDI have formed a joint venture company to establish an electric-vehicle battery manufacturing facility in Kokomo, IN. Targeted to start in 2025, the plant is expected to have an initial annual production capacity of 23 gigawatt […]


Industry Focus Areas, Motorized Vehicle

Hyundai Will Build First Fully-Dedicated EV Plant In Georgia

May 23, 2022

Via: Business Facilities Magazine

With a $5.54 billion investment, Seoul, Korea-based Hyundai Motor Group (HMG) will open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in Georgia. HMG’s new state-of-the-art U.S. smart factory will be located at the Bryan County Megasite. […]


News

Guardian Bikes Building An Automated Bike Factory In Indiana

May 17, 2022

Via: Business Facilities Magazine

Earlier this year, Guardian Bikes announced it would build a highly automated factory to move production of its safety-focused kids’ bikes to the U.S. Guardian has selected a site at the Freeman Field Industrial Park in Seymour, IN, where the […]


Process, Production

EMD Electronics Investing $28M In Arizona Expansion

February 18, 2022

Via: Business Facilities Magazine

EMD Electronics will invest $28 million to build a new factory in Chandler, AZ to manufacture equipment for its Delivery Systems & Services (DS&S) business. As part of the company’s Level Up program, the facility will enable DS&S to capture […]


News

Chief Buildings Bringing Over 100 Jobs To South Carolina

January 19, 2022

Via: Business Facilities Magazine

Chief Buildings will invest $22 million to establish manufacturing operations in Lancaster County, SC. The metal building system manufacturer, a subsidiary of Chief Industries, Inc., will create 102 new jobs over the next five years. “Lancaster was the ideal location […]


Logistics, Process

BMW Manufacturing Expands South Carolina Presence With Logistics Center

November 22, 2021

Via: Business Facilities Magazine

BMW Manufacturing will be expanding its operations in Spartanburg County, SC, with the construction of a new $100 million logistics center. The facility, which will be located on 120 acres off Freeman Farm Road, will enhance BMW’s logistics operations supplying […]


Aerospace & Defense, Industry Focus Areas, News

Collins Aerospace To Create 60 Jobs With Kansas Expansion

November 11, 2021

Via: Business Facilities Magazine

Collins Aerospace is set to expand into a new 279,000-square-foot facility in Lenexa, KS. The new facility, which will create 60 jobs in the region, has generated an approximate $55 million investment in the community. “This new facility is an […]


News

Plastic Manufacturer EPC Columbia To Expand Ohio Facility

November 8, 2021

Via: Business Facilities Magazine

EPC Columbia, a major manufacturer of plastic injection molded products, will expand its facility in Lebanon, OH, adding 50 new jobs and investing $2.5 million. The investment will enlarge the building by 20%, adding more than 75,000 square feet to […]


News

Global Plastic Manufacturer ALPLA Selects Missouri For New Facility

November 1, 2021

Via: Business Facilities Magazine

Leading packaging solutions company ALPLA Inc. will build a new 246,000-square-foot injection molding facility in Kansas City, MO. The facility will be ALPLA’s fourth in Missouri, and its first dedicated to injection molding. ALPLA expects to create 75 jobs as […]


News

Joint Venture To Bring Medical Glove Production, 2,500 Jobs To Virginia

October 8, 2021

Via: Business Facilities Magazine

A major joint venture has committed to build a manufacturing operation in Wythe County, VA, that projects to employ 2,500 people and produce 60 billion medical gloves a year. The investment comes as Virginia has committed $8.5 million to upgrade […]


Industry Focus Areas, Medical

Bayer To Invest $200M In Pharmaceutical Plant In Costa Rica

October 7, 2021

Via: Business Facilities Magazine

Bayer will invest $200 million in a new pharmaceutical plant for the production of long-acting reversible contraceptives in Costa Rica, which will provide access to family planning for more women in low- and middle-income countries. Located in the Coyol Free […]


Industry Focus Areas, News, Workforce Development

Thermo Fisher Scientific Investing $154M In North Carolina

September 14, 2021

Via: Business Facilities Magazine

Thermo Fisher Scientific Inc. will invest $154 million and create 290 additional jobs with an expansion of its Pitt County, NC operations. Thermo Fisher’s Greenville site provides both sterile and oral solid dose pharmaceutical manufacturing and packaging services from early […]