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 Economic Development News 
Monday, April 30 2018

Golden Triangle, MS — Peco Foods CEO Mark Hickman announced that the company is locating in the existing 185,000-square-foot warehouse formerly occupied by AmeriCold. The facility is located in West Point, Mississippi, on 37 acres strategically located near interstate and major rail corridors. The location will provide freezer, cooler and working space to enable the company to serve its extensive customer base, which includes national restaurant chains. The investment totals $40 million and will create 300 jobs in the area.  

“The addition of the West Point facility to the Peco Foods’ portfolio and the creation of so many new jobs for the people of the Golden Triangle Region demonstrate how existing companies in our state benefit from our productive workforce and prime location in the fastest growing region of the U.S.,” Gov. Phil Bryant said.

Posted by: AT 11:38 am   |  Permalink   |  Email
Monday, April 30 2018

In Concordia Parish, planned Australian-based manufacturing project will result in $25 million capital investment, more than 50 jobs

Vidalia, LA — Governor John Bel Edwards and Syrah Resources CEO Shaun Verner announced the company has selected a Vidalia site as its preferred location for its $25 million capital investment to develop a graphite processing facility in Louisiana. The Concordia Parish plant will produce graphite anode materials for batteries in electric vehicles and other products. The company, based in Melbourne, Australia, plans an initial graphite processing plant in a 50,000-square-foot industrial building it intends to purchase near the Vidalia Port. The building can be expanded at a later date, should Syrah develop additional phases.

The commercial project will create 25 new direct jobs with an average annual salary of $60,000, plus benefits. Louisiana Economic Development estimates the project also will result in 30 new indirect jobs, for a total of 55 new jobs in Central Louisiana.

Posted by: AT 10:31 am   |  Permalink   |  Email
Wednesday, April 25 2018

Music streaming giant expanding presence and workforce in Atlanta

Atlanta, GA — Governor Nathan Deal announced that Pandora, the largest music streaming service in the U.S., will expand its presence and create 250 jobs in Atlanta over the next three years.

“Pandora’s investment in Atlanta is a testament to the value of our highly skilled workforce and business-friendly environment for attracting innovative companies,” said Deal. “With this expansion, Pandora will benefit from the strategic resources available to digital leaders operating in Georgia, as well as close proximity to our vibrant arts and entertainment communities. We appreciate Pandora’s ongoing commitment here in Georgia and look forward to strengthening our partnership as the company continues to grow and create meaningful employment opportunities for our citizens.”

Posted by: AT 02:17 pm   |  Permalink   |  Email
Wednesday, April 25 2018

Global manufacturer expected to create 125 jobs as it expands its iso-thermal forging and heat-treating capacities to meet demand from aerospace customers

Cudahy, WI — Allegheny Technologies Incorporated (ATI), a global manufacturer of technically advanced specialty materials and complex components, is expanding its operations in Cudahy with a $95 million project expected to create about 125 jobs and help the company meet the growing demand from the aerospace jet engine market.

ATI now has three iso-thermal presses at its Cudahy iso-thermal forging center of excellence and is adding a fourth, along with additional heat-treating capacity, to meet growing aerospace market customer demand. The project will take about three years to complete and fully qualify for aerospace-related production.

Posted by: AT 08:47 am   |  Permalink   |  Email
Wednesday, April 25 2018
Regional Economic Development for Eastern Idaho (REDI) & Team Idaho's Visit to Japan a Success

Photo caption:  Idaho team members join Takayuki Ishimori, Mayor of Hachioji City, Tokyo at a welcome event in Japan.  Pictured left to right:  Celia Gould, Director, Idaho Department of Agriculture; Bobbi-Jo Meuleman, Director, Idaho Department of Commerce; Kelly Anthon, Idaho Senator/City of Rupert Administrator; Mayor Ishimori; Jan Rogers, CEO, Regional Economic Development for Eastern Idaho; and Dr. Marc Skinner, Executive Officer, University of Idaho’s Eastern region.

University of Idaho, Idaho Senator/City of Rupert Administrator Kelly Anthon, Idaho Departments of Commerce and Agriculture, and REDI complete six-day visit to Japan to promote foreign direct investment in Idaho.

Idaho Falls, ID — Regional Economic Development for Eastern Idaho (REDI) CEO Jan Rogers reported significant success from the Idaho team that just returned from a foreign direct investment trip to Japan April 13-18.

“Reciprocity is an important part of Japanese culture.  With Eastern Idaho’s new and growing relationship with Sakae Casting and Ohzen’s operations in Idaho Falls, this Japan trip was a great opportunity for us to build on our Japanese partnerships and expand Idaho’s connections in Japan,” Rogers said.  “We put Idaho on the radar for Japanese businesses considering investing in the U.S. In fact, several companies are already planning to visit Idaho this summer.  It was a very successful visit,” she said.

The trip, coordinated by REDI, was joined by the University of Idaho, Idaho Senator and City of Rupert administrator Kelly Anthon, and Idaho Departments of Commerce and Agriculture.

Select Idaho team members met with government and commerce officials, vice governors, mayors, university president and leaders, chamber of commerce representatives, and numerous industries representing nuclear energy, research, food production and processing, and manufacturing. 

At a business exchange meeting in Hachioji City, several organizations and nine companies discussed possible opportunities for their businesses in Eastern Idaho and Idaho.

There was also a visit to Tokai mura’s Sister City Center, Idaho Falls’ Sister City in Japan.

Dr. Marc Skinner, Executive Officer, University of Idaho’s Eastern region:
“It was an honor to represent the University of Idaho on this successful trip.  The University of Idaho’s Idaho Falls Center is thrilled with the relationship developed over the past year with Japan’s Sakae Casting.  UI Nuclear Engineering Professors Bob Borrelli and Rich Christensen are currently working collaboratively with Boise State University and Sakae Casting’s team on a state funded IGEM project focused on development of an aluminum cast with embedded natural boron for cooling nuclear fuel.  We believe our current project with Sakae Casting is just the beginning of future collaborative work with innovative business and education entities in Japan.”

Kelly Anthon, Idaho Senator and City of Rupert Administrator:
“I have always believed that as Idaho’s economy grows and diversifies, there will be more opportunities for Idaho families by building relationships with overseas businesses.  Our meetings in Japan not only presented opportunities to grow Idaho business but to promote my home community’s agriculture industry. I look forward to the future opportunities for Idaho that may result from this successful trip abroad.”

Kouki Kashiwada, Assistant Director, Hachioji City-Japan: (via translation)
“Idaho is good as a business environment.  We have a population reduction and the Japanese market is shrinking.  Some businesses seek to expand in the United States.  We must look at Idaho.”

Posted by: AT 08:30 am   |  Permalink   |  Email
Wednesday, April 25 2018

Technology company to invest $20 million in capital developments in metro Atlanta and Columbus

Atlanta, GA — Governor Nathan Deal announced that InComm, a leading prepaid product and payment technology company based in Atlanta, will create more than 150 jobs and invest over $20 million in capital developments in metro Atlanta and Columbus.

“In addition to being the No. 1 state for business, Georgia is now a recognized hub for the financial technology industry,” said Deal. “InComm has contributed to that reputation as a valued member of our business community, and the company has experienced significant growth while utilizing Georgia’s expansive resources for high-tech businesses. We appreciate the strength of this partnership and we are confident that Georgia’s highly skilled workforce and culture of collaboration will continue to provide InComm with the resources needed for a successful expansion.”

Posted by: AT 08:27 am   |  Permalink   |  Email
Tuesday, April 24 2018

Savannah, GA — Governor Nathan Deal announced that Gulfstream Aerospace Corp., the world’s leading business jet manufacturer, will create 200 jobs and invest $55 million in an expansion of its service center operations in Savannah. New jobs will include positions in Gulfstream’s service and support organization.
“Aerospace products are currently the No. 1 export for our state largely due to the growth and expansion of industry leaders such as Gulfstream who call Georgia home,” said Deal. “Georgia’s record-breaking ports system serves as a premier gateway to the Southeastern market and beyond and our skilled workforce provides a robust foundation for Gulfstream’s continued growth. With our logistics infrastructure, as well as our transportation network and digital assets, Gulfstream will continue to enhance the services offered to its worldwide customer base. We appreciate Gulfstream’s continued investment in Georgia over the past five decades and look forward to strengthening this partnership in the years to come.”

Posted by: AT 09:35 am   |  Permalink   |  Email
Tuesday, April 24 2018

Atlanta, GA — Southern Telecom, Inc. (STI), a subsidiary of Southern Company, announces Georgia System Operations Corporation (GSOC) has entered a leasing agreement for dark fiber on STI’s Atlanta central business district fiber ring. GSOC is utilizing the fiber to connect the cooperative’s headquarters office in Tucker, Georgia, to Georgia EMC’s government relations, community and economic development office, located on the Georgia Tech campus in downtown Atlanta.

“Utilizing Southern Telecom’s fiber network has helped GSOC streamline our internal operations between our headquarters office and our affiliate Georgia EMC’s office, including our data management, phone systems and business tools,” says Bilal Sabusa, Director of Technology and Operations for GSOC.

Posted by: AT 08:31 am   |  Permalink   |  Email
Tuesday, April 24 2018

Polk County, FL — Nucor Corporation announced that it will build a rebar micro mill in Frostproof, Florida, which is located in Polk County. This is a $240 million investment and is the second rebar micro mill Nucor is constructing. In November 2017, Nucor announced a rebar micro mill project in Sedalia, Missouri.

"Nucor has always focused on growing our business to better serve our customers. We are building this rebar micro mill in a great and growing market where demand is strong and there is currently an abundant supply of scrap, a good portion of which is handled by our scrap business, The David J. Joseph Company," said John Ferriola, Chairman, CEO & President of Nucor Corporation.

Posted by: AT 08:27 am   |  Permalink   |  Email
Monday, April 23 2018

In two phases, ethane crackers and downstream plants would create up to 1,200 new direct jobs and result in thousands of new indirect jobs

St. James Parish, LA — Governor John Bel Edwards and Formosa Petrochemical Corp. executive Keh-Yen Lin announced the company has selected St. James Parish in Louisiana for a $9.4 billion chemical manufacturing complex and has purchased a 2,400-acre site along the west bank of the Mississippi River.

Located just downriver from the Sunshine Bridge, the complex would be built in two phases and produce ethylene, propylene, ethylene glycol and associated polymers. Formosa plans to operate the complex under its subsidiary and Louisiana registered company, FG LA LLC, and is branding the site as “The Sunshine Project.” Pending the completion and approval of permits for the site, FG could begin construction as soon as 2019 in what projects to be a 10-year building and development process in two phases.

Posted by: AT 01:57 pm   |  Permalink   |  Email
Monday, April 23 2018

Concord, NH –  Governor Chris Sununu and State officials confirmed that Lonza Biologics, Inc. will be moving forward with the expansion of its Portsmouth facility, adding up to 1,000 jobs and up to one million square-feet of space. The company currently employs 800 at the facility where it primarily focuses on contract manufacturing. 

“We are thrilled that Lonza will be making a major additional investment in New Hampshire and adding more jobs to our local economy,” said Governor Sununu. “This decision by Lonza is a great testament to New Hampshire’s business friendly environment and the skill and commitment of our workforce. I look forward to working closely with our State team and Lonza officials to see this expansion through to completion.”

Posted by: AT 11:14 am   |  Permalink   |  Email
Monday, April 23 2018

Plainview, TX — The Plainview - Hale County Business Park Groundbreaking Ceremony is scheduled for Monday, April 23rd at 2:00 p.m. at the Business Park located on Interstate 27, north of Highway 194 (Dimmitt Highway).

Congressman Jodey Arrrington is scheduled to attend the ceremony as well as U.S. Economic Development Association Representative Trisha Korbis. 

Others in attendance include Mayor Wendell Dunlap, Hale County Judge Bill Coleman, Hale County Commissioners, Plainview City Council and the Plainview/Hale County Economic Development Corporation. The public is encouraged to attend.

“I am excited about the opportunity to attract new businesses and jobs to Hale County and my hometown of Plainview,” says Congressman Jodey Arrington. “This is a great example of local, state and federal leaders working together to support rural economics, which are the backbone of this country.” 

Posted by: AT 08:57 am   |  Permalink   |  Email
Tuesday, April 17 2018

Wilmington, OH — The Wilmington Air Park has once again earned its Federal Aviation Administration (FAA) Part 139 Certification, affirming that the airport facilities, infrastructure, staffing, and operations protocols are on par with other large airports around the country.
Airport operating certificates serve to ensure safety in airport transportation. An airport, in order to secure this certification from the FAA, must implement and maintain a significant level of operational and safety standards and provide for such things as on-site firefighting and rescue equipment and personnel.  

“This certification is important to maintain for both our current and future aviation tenants,” said Dan Evers, Executive Director of the Clinton County Port Authority. “It confirms a high level of readiness, best practices, and aviation infrastructure for airlines that would be considering operations at the Wilmington Air Park.”

Posted by: AT 01:39 pm   |  Permalink   |  Email
Tuesday, April 17 2018

New Mexico emerges as a leader, growing wind power faster than any state

Santa Fe, NM — Wind power, the largest source of U.S. renewable electricity generating capacity, now supplies more than 30 percent of the electricity in four states, Iowa, Kansas, Oklahoma, and South Dakota, after strong growth in 2017. Industry leaders released the news from the state capitol in New Mexico, a rising star for wind power. New Mexico added wind power capacity at a faster rate than any other state last year.

The rapid expansion of American wind power reflects its key role at the center of a transformation in the country’s electricity sector – bringing consumers more affordable, clean, and reliable energy while growing the economy. The industry’s latest trends and milestones from 2017 are detailed in the American Wind Energy Association (AWEA) U.S. Wind Industry Annual Market Report 2017 released today. According to the new report, more American homes and businesses use wind energy than ever before and the industry employs a record 105,500 men and women across all 50 states.

Posted by: AT 01:30 pm   |  Permalink   |  Email
Tuesday, April 17 2018
Hyundai Power Transformers USA to Expand Operations in Montgomery, Alabama

Investment adds to continued job growth in the region

Montgomery, AL — Hyundai Power Transformers USA, Inc. (HPT) has announced a $33 million expansion of its Montgomery facility resulting in the creation of 86 new jobs. The expansion will enable the company to establish a "Smart Factory" and increase production of its power transformers by more than 60 percent. The expansion will include a newly-constructed training facility that will contribute to fostering an advanced labor force, taking the company one step closer to achieving its plan of generating $200 million in revenue by 2021.

Hyundai Electric (HE) recently announced that it is acquiring 100 percent ownership of HPT from Hyundai Heavy Industries to accelerate its strategic approach towards the U.S. transformer market. Hyundai Electric acquired facilities in Bulgaria and China earlier this year.

Posted by: AT 01:25 pm   |  Permalink   |  Email
Tuesday, April 17 2018

New Development to Attract Jobs, Open Doors for Kyle

Kyle, TX – A new key commerce area is breaking ground in one of the nation’s fastest-growing cities -- Kyle, Texas, just twenty-minutes south of Austin-Bergstrom International Airport. Hays Commerce Center, which sits on 108-acres, is a mixed-use master development situated on the west side of I-35 between Loop 4 and Kyle Crossing.

On April 24, 2018 at 10:00 a.m., Hillwood Properties, HPI Real Estate Services & Investments, and officials from area municipalities will break ground on Hays Logistics Center located at 300 Vista Ridge, a two-building distribution and fulfillment center totaling over 400,000+ square feet of leasable space. Based on strong market trends in Hays County, Hays Logistics Center will be built on a speculative basis looking to support the area's growing e-commerce and logistics industries. Construction will begin with Building 1, a 220,000 SF building set to deliver Q4 2018.

Posted by: AT 11:50 am   |  Permalink   |  Email
Monday, April 16 2018
Port of South Louisiana Celebrates Globalplex Intermodal Terminal's 25 Years in Operation

Photo: Globalplex Intermodal Terminal, 2017

Reserve, LA -- On April 12th, Port of South Louisiana commemorated the 25th anniversary of operations of its transshipment center, Globalplex Intermodal Terminal. The Port of South Louisiana has invested over $104 million in construction, upgrades, and improvements, which were made possible in part by grants received from Louisiana’s Capital Outlay and Port Construction and Development Priority Programs as well as other federal and state grants. Located in Reserve, Louisiana at the site of the former Godchaux Sugar Mill on the Mississippi River, the 335-acre multipurpose terminal, which handles, on average, 1.1 million tons annually, can accommodate dry bulk, breakbulk, containers and with some retrofitting, liquid bulk. Globalplex is easily accessible by way of land, water, rail and additionally, air.

“Globalplex’s transformation has been remarkable,” remarked Paul Aucoin, Port of South Louisiana’s Executive Director. “From a site filled with abandoned, dilapidated buildings and not much traffic to the vibrant terminal it is today. I’m sure that our Port of South Louisiana family will continue to work towards making the future of Globalplex even better than its past.”

Posted by: AT 08:29 am   |  Permalink   |  Email
Thursday, April 12 2018

Van Hool to employ up to 600 workers at state-of-the-art facility

Morristown, TN — At the referral of site selection consulting firm Global Location Strategies, Van Hool – one of world’s largest manufacturers of buses, coaches and industrial vehicles – has selected Morristown, Tennessee for the site of its first North American manufacturing plant. Van Hool officials announced the decision along with Tennessee Governor Bill Haslam at a press conference today in Morristown.

Van Hool, which is headquartered in Koningshooikt (Lier), Belgium, will invest more than $47 million in a new 500,000 sq. ft., state-of-the-art manufacturing facility used predominantly for building public transportation buses. Initial production output is estimated at 400 buses annually. Construction will begin in mid-2018 with completion scheduled for 2020.

Posted by: AT 12:57 pm   |  Permalink   |  Email
Tuesday, April 10 2018

Albuquerque, NM — Leprino Foods, a Denver-based company that claims to be the world’s largest mozzarella cheese maker, is investing $15 million to expand its Roswell manufacturing plant.

The state is providing up to $200,000 for the expansion through the Local Economic Development Act.

The expansion will add five jobs to the 552 already at the site, according to a news release from the state’s Economic Development Department.

Posted by: AT 09:00 am   |  Permalink   |  Email
Monday, April 09 2018
Mason Mega Rail Breaks Ground

Photo Caption: From left, GPA Board Member Charles Tarbutton, Savannah Mayor Eddie Deloach, Maritime Administrator Rear Adm. Mark H. Buzby, GPA Board Chairman Jimmy Allgood, Tracey Mason, Teresa Waters, GPA Executive Director Griff Lynch, Norfolk Southern VP of Business Development and Real Estate Rob Martinez, CSX VP of Intermodal Dean Piacente, and Garden City Mayor Don Bethune break ground on the Mason Mega Rail terminal, Tuesday, March 27, 2018, at the Port of Savannah. The expansion project will add 97,000 feet of track at Garden City Terminal. For details and project updates, go to Find print quality images here. (Georgia Ports Authority/Stephen B. Morton)

Project to Double Port of Savannah’s Rail Capacity

Savannah, GA — The Georgia Ports Authority broke ground on its $126.7 million Mason Mega Rail Terminal. The expansion will increase the Port of Savannah’s rail lift capacity to 1 million containers per year, and open new markets spanning an arc of cities from Memphis to St. Louis, Chicago to Cincinnati. 

“Today is a great day for Georgia and the nation,” said Georgia Gov. Nathan Deal. “Not only will this new intermodal facility take trucks off the road and bring our products to market with greater efficiency, but it will open a new corridor for American commerce to and from the Midwest.” 

Posted by: AT 02:54 pm   |  Permalink   |  Email
Monday, April 09 2018
Governor Haslam, Commissioner Rolfe Announce ATLASBX Co., LTD to Locate First US Manufacturing Facility in Clarksville 

Automotive battery manufacturer to create 200 jobs 

Clarksville, TN — Tennessee Governor Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and ATLASBX Co., LTD officials announced that the company will locate its first U.S. manufacturing facility in Clarksville. The global automotive battery manufacturer will invest $75 million and create approximately 200 jobs in Montgomery County.

“We are proud to welcome ATLASBX to our state and thank the company for choosing Clarksville as the location for its first US manufacturing facility,” Haslam said. “Our central location and business-friendly environment continue to make Tennessee the perfect place for manufacturing companies to locate operations. I appreciate ATLASBX for creating approximately 200 jobs in Montgomery County and this investment is one more example of how Tennessee will lead in the creation of high-quality jobs.” 

Posted by: AT 01:26 pm   |  Permalink   |  Email
Friday, April 06 2018

Cutting-Edge, Health Information Technology Company Picks Connecticut for its Expansion Plans

Hartford, CT - Governor Dannel P. Malloy announced that Sema4, a Mount Sinai venture providing advanced genomic testing, is planning grow its presence in Connecticut by adding 408 new jobs over the next five years. The health information technology company is moving forward with expansions at its two existing locations in the state, including its recently announced headquarters at 333 Ludlow Street in Stamford and its laboratory at 1 Commercial Street in Branford. In addition, the company will soon be relocating laboratory facilities from New York City to a yet-to-be-determined site in Stamford. The move will bring the company’s job presence in Connecticut to at least 553 employees.

“We are thrilled that Sema4 has chosen to significantly expand its operations in Connecticut, bringing their total workforce to over 550,” Governor Malloy said. “It’s no surprise that this cutting-edge, health information company has decided to grow here, thanks to our first-class talent pipeline and exceptional educational institutions. Today’s announcement isn’t just about economic development, it’s about a vision we began years ago to turn Connecticut into a hub for bioscience and tech growth. Thanks to our targeted investments, that vision is coming to life.”

Posted by: AT 08:28 am   |  Permalink   |  Email
Thursday, April 05 2018
Seaports: Creating Jobs and Propelling the Economy

Ports Day Being Recognized Today by Seaports Throughout the Western Hemisphere

LaPlace, LA — On April 5th seaports of the Americas will again celebrate Western Hemisphere Ports Day, an opportunity to highlight our industry’s role in job creation and economic prosperity. Ports are a vital part of the transportation infrastructure within the Western Hemisphere connecting farmers, manufacturers, workers and consumers to the global marketplace.

Led by the American Association of Port Authorities – and united in our common goal of creating prosperity throughout the Hemisphere – we are proud to join hundreds of ports in North, Central and South America, and the Caribbean, to highlight and celebrate the value of ports.

Posted by: AT 10:00 am   |  Permalink   |  Email
Wednesday, April 04 2018

Manufacturing plant to create approximately 120 new jobs over the next several years
Columbia, SC — Governor Henry McMaster and the S.C. Department of Commerce announced that Universal Forest Products, a provider of wood and wood-related products, plans to open a manufacturing facility in Orangeburg County. Operating as UFP Cameron, LLC, the $6.1 million facility is projected to create more than 120 new jobs over the next several years.
UFP Cameron, LLC will be located at 106 Logistics Drive in Cameron, S.C. and is expected to come online in the fourth quarter of 2018. The facility will be dedicated to manufacturing products for the industrial market.

Posted by: AT 12:45 pm   |  Permalink   |  Email
Monday, April 02 2018

Warehousing and Production Improvements Will Double Capacity for Company’s World-Renowned Bushmaster Family of Medium Caliber Cannons - Capital Investment Grows Facility Capability While Also Creating New Jobs

Dulles, VA — Orbital ATK, a global leader in aerospace and defense technologies and Arizona Governor Doug Ducey, announced the expansion of the company’s production facility in Mesa, Arizona.
“Orbital ATK is engineering products that are critical to keeping our nation safe, and the State of Arizona is very proud of our longstanding partnership with the company,” said Governor Doug Ducey. “I thank Orbital ATK for continuing to invest in Arizona and create new, high-wage opportunities for our residents.”

Posted by: AT 08:28 am   |  Permalink   |  Email
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