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 Economic Development News 
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/resource_category/fact-sheets/

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

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:01 pm   |  Permalink   |  Email
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.

ABOUT FABTECH
FABTECH is North America’s largest metal forming, fabricating, welding and finishing event. The event provides a convenient venue where you can meet with world-class suppliers, see the latest industry products and developments, and find the tools to improve productivity and increase profits. FABTECH is made possible by its five co-sponsors, all of whom represent the varied and diverse makeup of the manufacturing industry. They include the American Welding Society, the Chemical Coaters Association International, the Fabricators & Manufacturers Association International, the Precision Metalforming Association and SME. Read more about FABTECH’s event partners here.

If you would rather not receive future communications from FABTECH, let us know by clicking here.
FABTECH, 2445 5th Ave, San Diego, CA 92101 United States

CONTACT:

Kate Blom-Lowery

kate@mdg.agency

619-269-0948

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:23 am   |  Permalink   |  Email
Tuesday, August 20 2019

By Colin McEvoy, Director of Communications for LVEDC, cmcevoy@lehighvalley.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).

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:15 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:05 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:36 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:46 am   |  Permalink   |  Email
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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:39 am   |  Permalink   |  Email
Thursday, August 15 2019

More than $10 million investment creating 210 jobs
 
Columbus, SC -- Adornus Cabinetry, LLC, a leading manufacturer and distributor of kitchen cabinets and bathroom vanities, announced plans to establish manufacturing operations in Lancaster County. The more than $10 million investment is expected to create 210 new jobs.
 
With a commitment to delivering significant value to homeowners and builders, Adornus Cabinetry, LLC uses high-quality, all-wood construction and materials in all of its luxury cabinetry. The company sells its products through a network of authorized dealers, including retail showrooms, builders and kitchen cabinet professionals.
 
Located at 1551 S.C. 9 Bypass, Adornus Cabinetry, LLC's Lancaster County operations will serve as a manufacturing facility and corporate headquarters for North America.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:26 am   |  Permalink   |  Email
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."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 04:46 pm   |  Permalink   |  Email
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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:10 am   |  Permalink   |  Email
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  

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 03:30 pm   |  Permalink   |  Email
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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:17 am   |  Permalink   |  Email
Wednesday, July 31 2019
Savannah moves record 4.5M TEUs

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.
 
"Our ports are firing on all cylinders," said Governor Brian Kemp. "This success is a testament to the men and women who work throughout our entire supply chain and make a difference for Georgia and the nation every day. Because of their commitment, our factories, farms and logistics providers are creating opportunity and prosperity in every corner of our state."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:56 am   |  Permalink   |  Email
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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:31 pm   |  Permalink   |  Email
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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:01 pm   |  Permalink   |  Email
Thursday, July 25 2019

Four business expansions statewide, in a variety of industries, involve creation of 395 jobs and $130M in investment:

  • Woman-owned, leading AV and event tech business establishing headquarters in Novi, involves investment of $34M, creation of 81 jobs
  • Supply chain design company expands in Ann Arbor, creates 70 jobs
  • Baking company expands headquarters in Kentwood, generates investment of $85.2M, creates 238 jobs
  • Fabricating company in Baraga wins support to expand, add jobs

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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 12:34 pm   |  Permalink   |  Email
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. 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:26 am   |  Permalink   |  Email
Tuesday, July 23 2019

Expansion Project 
Expansion will significantly increase container capacity
 
Portsmouth, VA -- Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The completion of this project represents a significant milestone as the Port works to increase cargo and container capacity at its two major terminals, with an overall goal of increasing capacity by 40 percent.
 
“The completion of the VIG expansion enables the Port to move cargo more safely, efficiently, and sustainably than ever before, and cements Virginia’s status as home to a world-class port,” said Governor Northam. “That reputation will help drive economic investment and job creation across the Commonwealth.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:05 pm   |  Permalink   |  Email
Monday, July 22 2019
Aspen Returns to New Orleans to Focus on Urban Opportunity

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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:34 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:35 pm   |  Permalink   |  Email
 

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Our content is from many sources and not warranted to be accurate or current. 
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