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Economic Development News

Friday, 15 June 2018

Electric motor manufacturer to create 300 new jobs

Lexington, TN — Tennessee Governor Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Nidec Motor Company officials announced that the company will expand its current operations in Lexington. The electric motor manufacturer will create 301 new jobs and invest $18 million in Henderson County.

“I want to thank Nidec for choosing to expand its operations in Lexington and for creating more than 300 new jobs in Henderson County,” Haslam said. “This is a big deal for Lexington and one of the largest economic development announcements we’ve had here since 2011. I appreciate Nidec for continuing to invest in Henderson County and helping Tennessee lead in the creation of high-quality jobs.” 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:38 am   |  Permalink   |  Email
Thursday, 14 June 2018

Photo Caption: Hopper dredge Padre Island as seen working in the Port of Savannah shipping channel earlier this year. The Savannah Harbor Expansion Project is on schedule for completion in late 2021. Find print quality images here. (Georgia Ports Authority / Stephen B. Morton)

Harbor expansion receives full funding for year

Savannah, GA — The Port of Savannah handled 3 million tons of cargo in May, an increase of 8.9 percent or 247,671 tons compared the same month a year ago. Total cargo crossing all terminals reached 3.22 million tons.
"Our May numbers reflect strong performances in breakbulk and containerized trade, showing growing global demand for both retail goods and manufacturing inputs," said GPA Executive Director Griff Lynch.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:12 am   |  Permalink   |  Email
Wednesday, 13 June 2018

National cost comparison survey finds food processors can save up to 25% in Great Falls due to proximity to raw materials, low costs and transportation access

Great Falls, MT — The Great Falls Montana Development Authority (GFDA) announced that Great Falls is the least expensive market to operate a food processing plant based on a review of 25 U.S. cities. The study, conducted by The Boyd Company, found that annual operating costs for a 325-person food processing plant in Great Falls are 25% less than the most expensive metro, Boston, MA.

"Our analysis focused on geographically variable cost elements considered to be most pivotal within the corporate site selection process," says John Boyd, Principal, The Boyd Company, a Princeton, NJ-based site selection firm. "Great Falls came out on top because of its low land and construction costs, and its proximity to raw materials including livestock, wheat, nuts and seeds."

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:00 am   |  Permalink   |  Email
Wednesday, 13 June 2018

Medical technology company creating 125 new jobs

Columbia, SC — BD (Becton, Dickinson and Company), a leading global medical technology company announced a $150 million investment in its existing Sumter County manufacturing facility. The company is projected to create an additional 125 new jobs over the next several years.
Employing more than 65,000 associates worldwide, BD is one of the world's largest medical technology companies and supports health care providers in more than 190 countries. BD's Sumter County facility has been in operation since 1970, manufacturing blood collection devices that are critical to the health care industry. 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:39 am   |  Permalink   |  Email
Tuesday, 12 June 2018

Jackson, MS — Leading industrial supply company Fastenal is locating a distribution center in Madison County, Mississippi. The project is an $11.5 million investment and will create 60 jobs over the next three years. 

“Fastenal’s decision to locate in Mississippi shows we have the right tools for global companies to grow their operations. The state’s skilled workforce and logistical advantages make Mississippi a top destination for any company looking to accelerate their business,” Governor Phil Bryant said.

Fastenal provides companies with fasteners, tools and supplies needed to manufacture products, build structures and maintain facilities and equipment. The new 129,000-square-foot Madison County distribution center, the company’s 15th in North America, will be located off of Sowell Road.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:05 am   |  Permalink   |  Email
Tuesday, 12 June 2018

Morrison, IL — The Innovation Center at Morrison Tech is rapidly proceeding, with construction of the exterior and infrastructure nearly complete. Chris Scott, Morrison Tech’s President said, “We’re right on schedule, and we expect the center to be operational by late August.  This is the culmination of years of planning and effort, and it will be a symbol of Morrison Tech’s commitment to Engineering Technology and STEM education. It will provide unique opportunities for students, educators, businesses, innovators, and artists.” 

Scott added, “This significant investment will enable the college to host numerous activities and foster collaboration between Postsecondary Education, K-12, and Private Industry. The regional workforce climate is very important to Morrison Tech, and we believe that regional success is furthered by a combination of quality school facilities and programs, thriving businesses, resilient local economies, and communities with a high quality of life. The Innovation Center is a product of this type of collaboration.” 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:54 am   |  Permalink   |  Email
Tuesday, 12 June 2018

Photo Caption: Idaho Governor C.L. “Butch” Otter (center in navy blazer) joins Premier Technology and other dignitaries for the ground breaking of the company’s multi-phase expansion in Blackfoot, Idaho.

Blackfoot, ID — Premier Technology, Inc. has initiated a multi-phase expansion to its facility in Blackfoot, Idaho. Improvements to existing facilities are already underway and will continue throughout the summer. Premier is also adding new equipment with state-of-the-art technology and over 100 new jobs in professional and various skilled trades, such as welding.

“Doug and I are pleased to continue making investments not only in our employees but also the facilities, local infrastructure, and the community around us that have been so supportive,” said Shelly Sayer, Chief Executive Officer. “We are grateful to the City of Blackfoot and Bingham County for championing the project.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:22 am   |  Permalink   |  Email
Friday, 08 June 2018

Harrisburg, PA — Governor Tom Wolf announced that AmerisourceBergen, a global health care solutions provider, has selected Pennsylvania as the location to expand its national headquarters, a move that is expected to create more than 550 new family-sustaining jobs in Montgomery County where the expansion will take place.

“This project is so significant not just because one of the world’s largest pharmaceutical distributors is expanding its headquarters here, but because of the magnitude of that expansion,” Governor Wolf said. “This expansion will create more than 550 jobs in IT, management, accounting, and human resources that will provide family-sustaining wages to so many workers in the region and bring a significant boost to the regional economy. Opportunities like this are rare, so to have AmerisourceBergen commit to Pennsylvania for its future growth is truly exciting news. I applaud AmerisourceBergen and welcome them to many more years of success here in the commonwealth.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:27 am   |  Permalink   |  Email
Friday, 08 June 2018

Morrison, IL — There have been several food trends emerging over the past few years, and one of the biggest is the “Farm-to-Fork” movement, where people are getting closer to the source of their food, and knowing the producer and their production methods. To help people connect directly with growers and producers in the Whiteside/Northwest Illinois region, Gary Camarano, Whiteside County’s Economic Development Director, and Lauren Lee, the County’s Geographic Information Systems (GIS) Coordinator, collaborated on developing a “Local Food Hub” map to help consumers identify and visit local growers and food producers. 

The collaboration has resulted in a “Whiteside County Story Map” that identifies several categories of food growers and producers, including Farmer’s Markets, Farm Stands, Orchards & Pumpkin Patches, Local Food & Meat Processing, Wineries & Breweries, Family Farms, and the almost famous “Chocolate Trail”. The link to the “Local Food Hub” map can be found on the County’s website under the Economic Development department’s tab, or at the following link: http://arcg.is/2wlrTqZ

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:48 am   |  Permalink   |  Email
Tuesday, 05 June 2018

Harrisburg, PA — Governor Tom Wolf announced that Acutec Precision Aerospace (Acutec), Inc., a woman-owned manufacturer of components and subassemblies for the aerospace industry that has been located in Crawford County for more than thirty years, will further invest in the city of Meadville by expanding its aerospace manufacturing facility located in the city and creating 60 new manufacturing jobs.

“The decision by a high-tech manufacturer like Acutec Precision Aerospace to grow its workforce here in Pennsylvania shows that the industry recognizes the quality of our workers,” Governor Wolf said. “Acutec has a decades-long history in Crawford County, and I applaud their decision to stay here and grow in the years ahead. This is great news for workers in the area, great news for Acutec, and great news for Pennsylvania.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:04 am   |  Permalink   |  Email

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