Tag: Capital Investment

May 30, 2023

HEYCO Werk USA Inc., a subsidiary of Germany-based HEYCO Group, will invest $5.4 million to expand its existing Virginia operation. The Greensville County location supplies precision plastic molded parts for the automotive industry as well as various industrial markets. HEYCO […]

May 22, 2023

Vitro will invest $93.6 million in upgrading its Meadville Plant located in Cochranton, Pennsylvania, and create approximately 130 new high-quality jobs. Vitro’s investment will rebuild and modernize a production line at its Meadville Plant located in Cochranton to support First […]

May 9, 2023

The Coca-Cola Company has selected Monroe County in New York State as the location for a new fairlife production facility. To be built in the Town of Webster, the 745,000-square-foot facility is expected to create up to 250 new jobs. […]

April 10, 2023

In Columbia, Missouri, Swift Prepared Foods, a subsidiary of global food company JBS USA, recently opened its newest facility, Principe Foods, which produces high-quality Italian meats and charcuterie. Company executives were joined by local, regional and state leaders as they […]

March 27, 2023

Three recently announced advanced manufacturing projects — one in the carbon fiber bicycle and two in the lithium-ion battery industries — will create a total of over $1.6 billion in investment and more than 700 jobs in Spartanburg, Chester, and […]

March 15, 2023

With plans to purchase cutting-edge equipment and make upgrades to position the company and its U.S. workforce for a strong future, GE will invest more than $450 million in its existing U.S. manufacturing facilities this year. The investments at eight […]

March 3, 2023

AstraZeneca will bring 500 high-tech jobs to the Greater Toronto Area (GTA) with an expansion of its research footprint in Canada. The investment will contribute to AstraZeneca’s Research & Development Hub in Mississauga, which focuses on leading global clinical studies […]

February 27, 2023

Kansas generated nearly $7.5 billion in capital investments last year. Contributing to that number was Panasonic, which announced a $4 billion electric vehicle battery manufacturing plant in De Soto in November 2022. “My administration has made Kansas a state where […]

February 13, 2023

Ford announced today it will invest $3.5 billion to build the country’s first automaker-backed lithium iron phosphate (LFP) battery plant in Michigan, which will add a second battery technology to Ford’s electric vehicle (EV) lineup. The plant – dubbed BlueOval […]

January 24, 2023

Milo’s Tea Company will invest $130 million to establish its first South Carolina operations in Spartanburg County. The Alabama-based beverage company’s new plant will create 103 new jobs. Milo’s expects to break ground by mid-March 2023 and start production of […]

December 1, 2022

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 […]

November 28, 2022

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, […]

November 17, 2022

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 […]

May 25, 2022

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 […]

May 23, 2022

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. […]

May 17, 2022

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 […]

February 18, 2022

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 […]

January 19, 2022

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 […]

November 22, 2021

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 […]

November 11, 2021

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 […]