Friday, August 23 2019
Major Activity at the Port Supports Increase in Jobs and Revenue for the State and Region
Brownsville, Texas -- In Texas where a trade-friendly economy is growing, the Port of Brownsville supports a total of $3 billion in total economic activity for the state and is responsible for more than 51,000 jobs within the borders.
Such findings are based on an independent analysis conducted by Martin Associates on port activity for the 2018 calendar year.
“We celebrated a record year in tonnage earlier and are pleased to see our economic impact set a strong foundation for future growth,” said John Reed, Brownsville Navigation District Chairman. “The numbers on local job growth speak for themselves as factors in the port’s development into a hub of business activity.”
The Port of Brownsville has become a major center for industrial development with over 230 companies doing business in the region. Furthermore, 51,468 jobs in Texas are related to the cargo moving through the marine terminals and activity at the ship building and rig repairs. Personal income from such employment totaled at $2.6 billion. In addition, a total of more than $200 million in tax revenue were generated by activities at the port.
The study found 8,500 local jobs are supported by $151.3 million of local purchases by business supplying services at the marine terminals and by business dependent upon the port for ship and receipt of cargo.
“The data clearly show that the Port of Brownsville is a remarkable resource with a reach extending far beyond the Rio Grande Valley,” said economist John Martin, PhD, who authored the latest report. “With more than 51,000 jobs related to the port’s operations and more than $3 billion in total economic impact across the state, the port is a significant driver of opportunities today and in the future.”
Not included in the report are revenues from leases and rents, non-waterborne activities and fishing harbor operations. These values will be mentioned in future economic impact reports.
The Port of Brownsville is a hub of major economic activity. In 2018, the port set new records in tonnage, moving 11.3 million short tons of diverse cargo of energy and liquid products, agriculture goods, aggregates, wind-turbine components and steel. The port also generated more than $24 million in operating revenue. Such activity is set to continue the positive impacts on the region’s economy and workforce.
The analysis was based on interviews from firms providing services to the cargo and vessels handled in marine terminals at the navigation districts. Impacts measured were jobs, employee earnings, business revenue and state and local taxes.
For a complete copy of the report, visit www.portofbrownsville.com/
About the Port of Brownsville
The Port of Brownsville is the only deepwater seaport directly on the U.S.-Mexico border, and the largest land-owning public port authority in the nation with 40,000 acres of land. It transships more steel into Mexico than any other U.S. port.
With more than $43 billion worth of projects currently in the works, the Port of Brownsville is transforming the Rio Grande Valley by creating positive investment opportunities and jobs.
Jorge I. Montero - Director of Communications - Port of Brownsville
1000 Foust Road, Brownsville, TX 78521
D: (956) 838-7006 M: (956) 525-2067 F: (956) 831-5006
Friday, August 23 2019
NFL’s Chad Hennings, Author Frank Abagnale Jr. and Mythbuster’s Grant Imahara anchor keynote sessions
Chicago, Illinois -- FABTECH 2019, North America’s largest metal forming, fabricating, welding and finishing event, is set to engage the industry with forward-thinking, solution-driven, inspirational keynote sessions on November 11-14 at Chicago’s McCormick Place. The informative and captivating keynotes will be led by one of three dynamic featured speakers, including three-time Super Bowl Champion Chad Hennings, Author Frank Abagnale Jr., and Mythbuster’s Grant Imahara.
“FABTECH is distinctively positioned to provide industry professionals with access to the information, technology and equipment they need to transform their businesses—exposure to these speakers will impart insights and enthusiasm through shared passions and experiences,” said John Catalano, SME senior director, FABTECH. “This year, FABTECH is particularly honored to celebrate veterans who have served to protect our country and are now lending their leadership and talents to our industry. They are part of the blended, diverse fabric of professionals across the world that make up this amazing industry.”
On Monday, November 11 from 8:30 a.m. to 9:45 a.m., FABTECH opens with a unique celebration of veterans. FABx Tech Talks, designed to emulate the popular TED-style concept, will feature a powerful lineup of visionary veterans. These heroes will draw on their unique experiences to inspire attendees with their frontline stories focused on motivation, team building and innovation. Kicking off the celebration is nine-year NFL veteran and three-time Super Bowl Champion, Chad Hennings, who served in 45 successful combat missions with the Air Force. As a FABx featured speaker, Hennings will share how integrity, identity and commitment lead to a lifestyle of excellence. FABx will also welcome honored veterans: Hernán Luis y Prado, founder and CEO, Workshops for Warriors; Jason T. Ray, co-founder & CEO, Paperless Parts, Inc.; Shelly C. Rood, educational consultant, Mission Ambition, LLC; and Michael Walton, manufacturing industry solution executive, Microsoft. Each speaker brings their life experiences and expertise to inspire forward-thinking and organizational leadership.
Known as one of the world’s most famous con men, Frank Abagnale Jr. will welcome the industry on the morning of Tuesday, November 12 from 8:30 a.m. to 10:00 a.m. This intriguing keynote session from the cybersecurity expert, bestselling author and subject of “Catch Me If You Can” will provide entertaining insights into his life as the notorious imposter of the 1960s as he instructs attendees on how to protect themselves and their businesses from fraud. Attendees will experience an emotional roller coaster ride as Abagnale takes them on a hilarious and poignant journey of his time as a wanted criminal and speaks of his personal transformation.
Former host on Discovery’s Mythbusters and animatronics engineering expert, Grant Imahara, will provide a glimpse at his work on various sets and productions while touching on the importance of advancing the engineering/manufacturing industry during his keynote session on Wednesday, November 13 from 8:30 a.m. to 9:30 a.m. Imahara will bring attendees inside the world of science and entertainment through stories of his experiences consulting for Walt Disney Imagineering, where he works on next-generation robots for Disney's theme parks. Having experience with electronics, designing, fabricating, machining, CAD layout, laser cutting, mold making, and machining, Imahara has a full understanding of the industry and will make parallels to help guide attendees to growth and success.
Exclusively focused on advancing the metal forming, fabricating, welding and finishing industries around the world, FABTECH offers an unmatched trade show experience with a diverse and robust lineup of keynote speakers and special events. Registration is now open – visit fabtechexpo.com to register and obtain more show details.
Tuesday, August 20 2019
By Colin McEvoy, Director of Communications for LVEDC, firstname.lastname@example.org
Lehigh Valley, PA -- Allegiant Air has announced it will establish an aircraft base in the Lehigh Valley, creating 66 new high-wage jobs and providing yet another critical link for businesses seeking to come, start, and grow here in the Lehigh Valley.
The two-aircraft base will be established at Lehigh Valley International Airport (LVIA), where the Allegiant Travel Company is investing $50 million to establish its new base of operations, which is expected to be operational on Feb. 12, 2020.
“The convenience and success of the Lehigh Valley International Airport is a critical factor in both the economic and population growth of the Lehigh Valley,” said Don Cunningham, President & CEO of the Lehigh Valley Economic Development Corporation (LVEDC).
Tuesday, August 20 2019
Jackson, MS -- Boat manufacturer Avid Boats is locating a new production facility in Amory. The project is a $1.6-million corporate investment and will create 75 jobs.
"Manufacturing is a strong economic driver in North Mississippi," Gov. Phil Bryant said. "Avid Boats' decision to locate in Amory and create 75 new manufacturing jobs further strengthens the state's foothold in this important sector while helping create a stronger, more vibrant community for the residents of Monroe County."
Avid Boats is a start-up company. Its leadership was previously involved with two other successful boat manufacturing companies. The company is locating in the 80,000-square-foot facility formerly occupied by CPI Packaging, Inc., where employees will produce 17- to 23-foot aluminum bass and center console bay boats.
Friday, August 16 2019
Company Will Create 34 Jobs and invest $860,000 in new Decatur County location
Nashville, TN -- Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Good Sportsman Marketing (GSM Outdoors) officials announced that the company will locate new operations in Decatur County.
The hunting and sporting goods manufacturing company will invest approximately $860,000 and create 34 new jobs in Parsons.
Thursday, August 15 2019
The Guajiro Solar Plant will prevent the emission of 215,000 tons of CO2 and provide clean energy to more than 120,000 homes in Mexico
State of Hidalgo, Mexico -- Atlas Renewable Energy, a leading clean energy company in Latin America, inaugurated its first solar energy project in Mexico, the Guajiro Solar Plant. The event was attended by the Governor of the State of Hidalgo, Omar Fayad Meneses, and other local government and state officials.
The plant is located in Nopala de Villagrán, in the State of Hidalgo in central Mexico and has a capacity of 129 MWp, which is equivalent to generating approximately 300 GWh annually. Atlas Renewable Energy invested more than USD$118 million, with the participation of Bancomext, who provided long-term financing in the amount of USD$88.5 million.
Thursday, August 15 2019
Indianapolis, IN -- Hoosier Logistics Inc. (Hoosier), a logistics and supply chain management provider, announced plans to grow its operations in Indiana through multiple expansions, scaling its corporate office in Indianapolis and adding its first satellite office in Fort Wayne, more than doubling its Indiana workforce by adding up to 45 new jobs over the next few years.
“As the Crossroads of America and state with the most pass-through highways, Indiana is the prime location for logistics companies like Hoosier to flourish,” said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). “As a state, we won’t stop delivering on our commitment to cultivating a pro-growth, business-friendly environment so job creators like Hoosier can continue driving their business forward in all corners of our state.”
Thursday, August 15 2019
More than $10 million investment creating 210 jobs
Wednesday, August 14 2019
Hopkinsville, KY -- OZ Capital, LLC (“OZ Capital”) is pleased to announce its initial Qualified Opportunity Zone investment in Halcyon Thruput, LLC (“Halcyon”). Halcyon, located in Hopkinsville, KY is a post-harvest, midstream drying and processing facility for the recent federally legalized hemp crop. The business expects bring more than thirty jobs to the Hopkinsville community, and provide essential agricultural infrastructure that will support the needs of local and regional farmers throughout Southwest Kentucky and Northern Tennessee.
"We are very excited not only that Halcyon Thruput has decided to locate in Hopkinsville, KY, but also that they are the first commercial real estate transaction in an Opportunity Zone in the county,” said Mark Lindsey of the Southwestern Kentucky Economic Development Council. “They will operate a hemp business in the city limits that will bring jobs and capital investment into our community."
Thursday, August 08 2019
Jerome, ID -- Idaho Milk Products is celebrating completion of the $30 million expansion at their Jerome facility that began in October 2018 with a ribbon-cutting planned in September 2019. The site has undergone many changes in recent months, including the new Research and Development (R&D) pilot plant. One of the benefits our customers will enjoy is access to more of our award-winning ingredients as we will increase our processing capacity by 1 million pounds of milk per day.
“We are excited about the capabilities our pilot plant space will provide us to help our customers,” reports Dr. Chenchaiah Marella, VP of Research and Product Development. “With state-of-the-art equipment, a product characterization lab and 1500 sq. ft. of processing area, we will offer our customers faster response time and a higher level of confidence in formulating successful, trending products.”
Tuesday, August 06 2019
Birmingham Alabama — Expansion Solutions Magazine (ESM), one of the top economic development/site selection publishing & marketing companies in the USA and North America, today announced the appointment of Kimberly Merkel as its Publisher, effective August 1, 2019. Merkel, a native of West Virginia and a graduate of UAB has more than a decade of experience in economic development, marketing and branding, reporting, writing and editing, while also serving as a lead generation specialist for our clients.
“The appointment of Merkel is an important step for Expansion Solutions as the company continues to evolve,” said President and CEO, Jeff Cornett. “We look forward to a long and continued partnership together.”
As an integral member of the executive team at ESM, Merkel will play a major role in setting strategies as well as working to develop and execute clear goals for the already motivated team. “I am excited by this opportunity and the challenges that come with it,” said Merkel. “Expansion Solutions is unique in the industry and I look forward to contributing and being part of this continued growth.”
About Cornett Publishing Co Inc. dba Expansion Solutions Magazine
Expansion Solutions Magazine, published by Cornett Publishing Co Inc. is a well-respected and recognized publication in the economic development, site selection and industry relocation markets. The magazine format is a bi-monthly printed edition and digital online edition promoted on their website at ExpansionSolutionsMagazine.com
Thursday, August 01 2019
Shamokin Dam, PA -- The Port of Philadelphia is investing $1,000 for 2019 to support regional marketing efforts of Focus Central Pennsylvania. Known as “PhilaPort,” this independent agency of the Commonwealth of Pennsylvania is charged with the management, maintenance, and marketing of port facilities along the Delaware River in Pennsylvania, as well as strategic planning throughout the port district. PhilaPort works with its terminal operators to improve its facilities and to market those facilities to prospective port users around the world. Port cargoes and the activities they generate are responsible for thousands of direct and indirect jobs throughout Pennsylvania.
“Central PA is our heartland, and a key part of our growth strategy,” said Sean Mahoney, Director of Marketing for PhilaPort. “We want to help Central PA businesses better access global markets.”
Wednesday, July 31 2019
Photo Caption: At 1,200 acres, the Port of Savannah's Garden City Terminal is the largest single-operator terminal in the U.S. With 151 rubber-tired gantry cranes and 30 ship-to-shore cranes, the GPA completes nearly 20,000 container moves per day to vessel, truck and rail. Find print quality images here. (Georgia Ports Authority / Stephen B. Morton)
Auto volumes near 650,000 units
Savannah, GA -- The Port of Savannah moved a record 4.5 million twenty-foot equivalent container units in the fiscal year that ended June 30, an increase of more than 305,000 TEUs or 7.3 percent.
Monday, July 29 2019
Indianapolis, IN -- Indiana Governor Eric J. Holcomb and Indianapolis Mayor Joe Hogsett joined executives from eHealth Inc. (NASDAQ: EHTH), a private online health insurance exchange, as the company announced the establishment of its new Eastern U.S. Technology and Operations Headquarters (HQE) in Indianapolis, which is expected to employ up to 500 Hoosiers by the end of 2023.
“Indiana’s pro-growth economic environment continues to attract innovative companies like eHealth to establish roots in our state,” said Gov. Holcomb. “I’m extremely grateful to see a Hoosier CEO bring business and new career opportunities back to Indiana. I’m confident that our business community and skilled workforce will play an integral role in eHealth’s growth and success for years to come.”
Friday, July 26 2019
Shreveport site will be home to 75 jobs, with retail showroom joining distribution center
Baton Rouge, LA -- Governor John Bel Edwards highlighted the dedication of SuperATV’s new Shreveport manufacturing and distribution center, where the company’s 100,000-square-foot facility also hosts a retail showroom for consumers. In February, SuperATV announced a $4.35 million capital investment in its Shreveport site, where the company will create 75 new direct jobs averaging $40,000 a year, plus benefits. LED estimates another 42 new indirect jobs will result, for a total of 117 new jobs in Caddo Parish and Northwest Louisiana.
“With our reputation as the Sportsman’s Paradise and Shreveport’s strategic location on the I-20 corridor, SuperATV has selected an ideal location in Louisiana for its second manufacturing and distribution facility,” Gov. Edwards said. “Not only will area residents be able to purchase products at SuperATV’s new retail showroom, but residents along the I-20 corridor will also benefit from great employment and career opportunities. We congratulate SuperATV for this big step in their growth.”
Thursday, July 25 2019
Four business expansions statewide, in a variety of industries, involve creation of 395 jobs and $130M in investment:
Lansing, MI -- Four business projects expected to generate a total investment of $130.6 million and create 395 jobs across Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced.
“These projects will lead to new business growth, stronger communities and more and better jobs for our residents. We’re pleased to work with our local partners and support these investments,” said Jeff Mason, CEO, Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
Wednesday, July 24 2019
Dripping Springs, TX -- Richard’s Rainwater, the country’s first bottled rainwater and sparkling rainwater brand, is ramping up production and expanding distribution within the United States following recent retail placements at The Fresh Market and Whole Foods locations in Texas, Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Louisiana, Kentucky, Massachusetts, Maryland, Mississippi, North Carolina, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee and Virginia.
Earlier this year, the Company worked with Lazy Magnolia Brewery in Mississippi to gain regulatory approval for an additional rainwater collection and bottling facility, making Mississippi the fourth state to grant a rainwater public water supply permit. Richard’s Rainwater is also in discussions with breweries in Austin, Atlanta, Houston and several other locations across the country to equip additional bottling facilities with rainwater collection capabilities. The company plans to collect rainwater in local communities across the country with the goal of moving bottled rainwater the least distance possible.
Tuesday, July 23 2019
Expansion will significantly increase container capacity
Monday, July 22 2019
2nd Year for Two-day Conference Includes Employment Access and Inclusion; Opening Reception to Feature Walter Isaacson
New Orleans, LA -- As New Orleans experiences downtown residential growth and urban economic resurgence, the timing is perfect for the Aspen Institute Socrates Program to return to the Crescent City and examine why residential and job growth in many cities often results in less diversity and inclusion.
Sponsored again by the New Orleans Business Alliance, “Urban Opportunity, Access & Inclusion” is a two-day conference scheduled for Tuesday, Aug. 27 and Wednesday, Aug. 28.
Tuesday, July 16 2019
Indianapolis, IN -- TOC Logistics International, a global logistics management organization, announced plans to grow its Indiana-based headquarters, creating up to 87 new jobs in Indianapolis by the end of 2023.
“As the Crossroads of America, our state is a hub for logistics and transportation, supporting an industry with 20 percent more jobs than the national average," said Elaine Bedel, president of the Indiana Economic Development Corporation. "Indiana is well positioned to support companies like TOC Logistics that serve clients across the country, and our pro-growth business climate ensures that they can expand and create new Hoosier jobs with confidence.”
The company, which develops custom solutions that result in efficient global supply chains for a variety of industries, is investing more than $1.8 million to expand its headquarters to meet demand from its growing client base. TOC Logistics currently occupies approximately 6,100 square feet at 2601 Fortune Circle Dr. in Indianapolis and plans to move to 5420 W. Southern Ave., doubling its footprint in a new 12,000-square-foot office this fall. The new space will include high-tech conference technology, new furniture, updated work stations and a variety of amenities.