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 Economic Development News 
Tuesday, July 31 2018

Lead AQST Space Systems is moving its headquarters from Puerto Rico to Mesa's Falcon District and expects to hire up to 125 employees over the next three years

Mesa, AZ — AQST Space Systems announced the company is moving its headquarters from Puerto Rico to Mesa, Arizona. The company plans to manufacture and assemble rockets for small satellites and expects to begin production by the end of 2018.

The aerospace systems technologies solutions company has secured space for headquarters operations at Falcon Field Airport in the City of Mesa’s Falcon District, and plans to acquire additional space for its manufacturing operations. AQST expects to hire up to 125 employees, including engineers, welders, technicians, satellite operators, data scientist managers and other support personnel over the next three years.

Posted by: AT 01:48 pm   |  Permalink   |  Email
Tuesday, July 31 2018

Wilmington, NC — North Carolina Ports moved a record number of containers through the Port of Wilmington during the 2018 fiscal year, which ended June 30. Wilmington recorded 38 percent year-over-year container growth and year-over-year general cargo growth is up 18 percent.

“This is an exciting time for North Carolina Ports. In the last few months of FY18 the Port of Wilmington handled a record number of containers, specifically during the month of March Wilmington recorded its highest month of container volume in the Authority’s history,” said NC Ports Executive Director Paul J. Cozza. “With NC Ports’ model of best in class gate truck turntimes coupled with our high crane productivity rates; it’s evident by these numbers that carriers, BCOs and truckers are taking notice.”

Posted by: AT 09:38 am   |  Permalink   |  Email
Friday, July 27 2018
Stork makes first deliveries to Savannah

Photo Caption: Five ship-to-shore cranes work the Ocean Network Express vessel Stork during its maiden voyage to the Port of Savannah, Friday, July 27, 2018, at the Garden City Terminal. The 14,000-TEU ship is the first of the ONE line's new magenta vessels to call on Savannah. Find print quality images here. (Georgia Ports Authority / Stephen B. Morton)

Takes on 3,400 export containers

Savannah, GA -- The Georgia Ports Authority welcomed the container ship Stork on its maiden voyage Thursday.
The vessel, part of the Ocean Network Express (ONE) shipping company, has a capacity of 14,026 twenty-foot equivalent units. The newly built Stork was just delivered to ONE on June 12.
"It's an honor to welcome this distinctive ship to the Port of Savannah," said GPA Executive Director Griff Lynch. "Vessels in the 14,000-plus range represent the future of global shipping, and play to Savannah's strengths of space, infrastructure and cargo fluidity."

Posted by: AT 11:50 am   |  Permalink   |  Email
Wednesday, July 25 2018
Deal breaks ground on first Major Mobility Investment Program project

I-85 Widening Project expected to reduce overall future delay in corridor by up to 56 percent

Savannah, GA — Governor Nathan Deal and the Georgia Department of Transportation (GDOT) held a ceremonial groundbreaking in Braselton for the first phase of the I-85 Widening Project. This project is the first of 11 initial Major Mobility Investment Program (MMIP) projects to break ground.

“In recent years, thousands of new citizens have come to Georgia to find the opportunities and quality of life indicative of the No. 1 state for business,” said Deal. “This rapid population growth requires transportation infrastructure that moves products and people more quickly and efficiently. Thanks to the General Assembly’s bold action in passing the Transportation Funding Act in 2015, we are now able to begin this first MMIP project, an unprecedented and innovative step to significantly improve Georgia’s transportation network for its users. I also appreciate the work of the State Transportation Board in seeing one of the nation’s largest infrastructure undertakings come to fruition. Today, we ensure that the initiatives we have put into place over these last seven and a half years will continue into the next decade to benefit generations of Georgians yet to come.”

Posted by: AT 01:42 pm   |  Permalink   |  Email
Wednesday, July 25 2018

Nationally-ranked credit union investing $42 million in relocation
Columbia, SC — Sharonview Federal Credit Union, a provider of financial services, announced it is relocating and expanding its corporate headquarters in Lancaster County. The company's $42 million capital investment is projected to create more than 115 new jobs.
Established in 1955, Sharonview Federal Credit Union serves more than 79,000 members nationwide and manages more than $1.5 billion in assets. It is also ranked as one of the top 200 credit unions in the country, providing its members with a variety of value-added financial services at 18 branches throughout North and South Carolina.
Located at the Edgewater Corporate Center in Fort Mill, S.C., Sharonview Federal Credit Union's new Indian Land, 182,000-square-foot corporate headquarters facility is projected to come online in late 2018. Hiring for the new positions is already underway, and interested applicants can visit the company's careers page online.

Posted by: AT 11:13 am   |  Permalink   |  Email
Wednesday, July 25 2018

NewCold will invest $90 million to build a fully automated cold storage facility in Burley, Idaho

Burley, ID — Idaho Governor C.L. “Butch” Otter announced that Netherlands-based NewCold is investing $90 million to build a 140-foot-high, 25 million cubic feet sub-zero cold storage warehouse in Burley, Idaho. This will be one of the largest frozen storage facilities of its kind in the United States.

The 180,000-square foot fully automated building will serve frozen food producers throughout the area. NewCold in Burley is slated to open in spring of 2019.

“Providing state-of-the-art, conveniently located cold storage is a critical part of keeping Idaho producers’ operating costs down and our value-added Idaho products competitive in the dynamic global market,” said Governor Otter. “This huge new addition to our food distribution chain will help keep Idaho on the leading edge of innovation when it comes to farm-to-market efficiency and delivering high-quality, Idaho-grown foods to the world.”

Posted by: AT 09:43 am   |  Permalink   |  Email
Wednesday, July 25 2018

South Korean manufacturer establishes first US plant in West Kentucky’s Calloway County
Frankfort, KY — Governor Matt Bevin congratulated leaders of South Korea’s DAE-IL Corp. and the Murray community as officials broke ground for the company’s $50 million, 120-job automotive parts plant in West Kentucky.

“We are grateful for DAE-IL’s decision to build its first US manufacturing facility here in the commonwealth, and we congratulate them on starting construction in Murray,” Gov. Bevin said. “Kentucky has a proven track record of successfully attracting and integrating businesses into our economy, and our relationship with another South Korean company set the stage for this opportunity. DAE-IL’s significant investment will create great jobs for citizens of Calloway County and West Kentucky, and we are confident that they will thrive and grow in the commonwealth.”

Company leaders expect the 295,000 square-foot plant, being built in the Murray-West Industrial Park, to open in May 2019. Employees at the new facility will manufacture automotive transmission gears.

Posted by: AT 09:37 am   |  Permalink   |  Email
Monday, July 23 2018
Savannah TEU volume reaches 4.2 million in FY18

GPA growth hits 20 consecutive months

The Georgia Ports Authority achieved records in total tonnage and twenty-foot equivalent container units handled in Fiscal Year 2018, which ended in June. Find print quality images here. (Georgia Ports Authority / Stephen B. Morton)

Savannah, GA — The Georgia Ports Authority (GPA) handled a record 4.2 million twenty-foot equivalent container units in Fiscal Year 2018 (July '17 - June '18), for an impressive 8.4% increase year-over-year, or 325,000 additional units.   
"Moving more than 4 million TEUs in a single fiscal year is an important milestone for Georgia," said GPA Executive Director Griff Lynch. "Georgia's logistical advantages, along with the Southeast's population growth, have resulted in increased demand, while the expanded Panama Canal has cleared the way for larger vessels to call Savannah." 

Posted by: AT 09:24 am   |  Permalink   |  Email
Friday, July 13 2018

Stampede Meat will invest more than $36 million in Modern Facility

Sunland Park, NM — Governor Martinez was joined by state and local leaders to announce that Stampede Meat will expand to Sunland Park creating up to 1,295 new food processing and manufacturing jobs over the next five years. The company will invest more than $36 million in infrastructure and the renovation of the former Tyson plant in Sunland Park. New Mexico beat out Oklahoma, Texas and Iowa for the competitive expansion. 

"It’s an honor to welcome Stampede and their large-scale job creation to New Mexico," said Governor Susana Martinez. “Since day one, we’ve been committed to making New Mexico business-friendly, and it’s paying off. We’ve cut taxes, slashed through red tape and strengthened our key economic development tools – and now companies like Stampede, Facebook, Safelite, and many more are expanding and creating jobs in New Mexico.” 

Posted by: AT 02:16 pm   |  Permalink   |  Email
Thursday, July 12 2018

Company partnering with Alorica on state-of-the-art facility, creating 400 new jobs
Columbia, SC — Samsung Electronics America, Inc. announced plans to open a cutting-edge customer care center in Greenville County. Established in partnership with Alorica, one of the world's leading platforms for customer interactions, the new Connected Customer Care Center will bring 400 additional jobs to the region by 2020.
This new facility is part of Samsung's continued efforts to deliver exceptional customer care at more touchpoints throughout the United States and ensures that critical support systems are in place as consumers increasingly move toward integrated connectivity between Samsung products and services. It will include two advanced training centers for on-site agents, a showcase of the latest Samsung products across all categories, a private and secure video chat support area and a connected living lab with Samsung and competitive products.

Posted by: AT 11:24 am   |  Permalink   |  Email
Wednesday, July 11 2018

Logistics firm hiring 180 new workers
Columbia, SC — Kuehne + Nagel, Inc., a global transport and logistics company, is launching operations in Charleston County. With this new facility, the company will be creating 180 jobs over the next three years.
Established in 1890, Kuehne + Nagel has grown into one of the world's leading logistics providers. With more than 1,300 offices and 70,000 employees, the firm provides logistics solutions to a variety of key industry sectors, including automotive, aerospace, oil and gas, retail and more.
Located on the Mercedes-Benz Vans, LLC (MBV) site off of Palmetto Commerce Parkway, Kuehne + Nagel's new facility will be providing production logistics services to support MBV's expanding manufacturing operations. Comprehensive services will include goods receiving, inventory management, just-in-time picking and sequencing for delivery.

Posted by: AT 09:21 am   |  Permalink   |  Email
Tuesday, July 10 2018

Jackson, MS — Contract sheet metal fabricator Hawkeye Industries is expanding in Tupelo, Miss. The expansion accommodates increased production demand for the company’s core business technologies, as well as its entrance into the high volume laser processing of tubing market. The project is a $3 million corporate investment and creates 10 jobs.

“For more than two decades, Hawkeye Industries has enjoyed success at its Lee County location. Our skilled, dedicated workforce and the fact we are a hard-working manufacturing state allows manufacturing companies like Hawkeye to pursue growth opportunities and create high-tech jobs in North Mississippi,” Gov. Phil Bryant said.

Posted by: AT 11:17 am   |  Permalink   |  Email
Tuesday, July 10 2018

Birmingham, AL — Atlanta-based DC BLOX announced plans for a data center in Birmingham that has the potential to grow into a flagship operation with an investment that could total $785 million.

DC BLOX, a provider of data center, network and cloud services, plans to use the 27-acre, former Trinity Steel site in downtown Birmingham to develop a technology and innovation campus that will drive the connected digital economy in Birmingham and all of Alabama.  

The company said the project has the potential to be a $785 million investment over the next 10 years, depending on the success it and Birmingham has in attracting marquee clients and their employees.

Posted by: AT 09:39 am   |  Permalink   |  Email
Tuesday, July 10 2018

June marks highest monthly volume in SCPA history 

SC Ports achieved the highest monthly volume in its history in June and completed FY18 with record container volume.

Charleston, SC — South Carolina Ports Authority announced record container volume of 2.2 million twenty-foot equivalent container units (TEUs) handled during the 2018 fiscal year, an increase of three percent over the previous fiscal year.

SCPA handled 201,163 TEUs in June, the single highest month for container volume in the Port’s history and a 10 percent increase over June 2017. June was a strong finish to the Port’s fiscal year, which began in July.

As measured in pier containers, or the number of boxes that moved across the docks of SCPA’s two container terminals, the Port handled 115,696 containers in June and a total of 1.25 million containers in FY2018.

Posted by: AT 09:21 am   |  Permalink   |  Email
Monday, July 09 2018

Nearly $18 million investment to support company’s digital and eCommerce services

Frankfort, KY — Only nine months after opening, a Kroger distribution center in Florence will add 250 full-time associates, majority full-time roles, as the company invests nearly $18 million at the facility to support its ecommerce and digital services, Governor Matt Bevin announced.

“It was less than a year ago that Kroger opened its distribution center in Boone County, and it is clear from this additional investment that the company recognizes Northern Kentucky as the best possible location for further success and growth,” Gov. Bevin said. “Distribution and logistics is a thriving industry in the commonwealth, and this announcement is just the latest confirmation of that fact. We greatly appreciate Kroger’s confidence in the Northern Kentucky region and its ongoing commitment to investing and growing in our state.”

Posted by: AT 12:42 pm   |  Permalink   |  Email
Tuesday, July 03 2018

Project Expected to Create 330 Jobs in West Hartford at the Former UConn Campus

Hartford, CT — Governor Dannel P. Malloy announced that Seven Stars Cloud Group, Inc., will be establishing its global headquarters for technology and innovation in Connecticut, transforming UConn’s former campus in West Hartford into a thriving center for research, training, and business development. The $283 million project, called Chain Valley, is expected to create 330 jobs over the next five years.

“Thanks to our best-in-the-nation workforce, high-quality education system, and forward-looking vision, Connecticut has the potential to be a hub for investment in fintech and other high-tech industries` to our state shows that our strategy for recruiting and retaining cutting-edge employers is working. When companies like SSC decide to locate and grow here, combined with unprecedented investments in making our communities more livable and walkable, it makes Connecticut a more attractive place to live and work. Today’s announcement is a major economic milestone for the entire Hartford region.”

Posted by: AT 10:47 am   |  Permalink   |  Email
Monday, July 02 2018

Japanese firm creating 67 new jobs
Columbia, SC — FUJIFILM Manufacturing USA, Inc., one of the strategic manufacturing locations for Tokyo-based FUJIFILM Corporation, announced plans to expand its existing operations in Greenwood County. The company's $3.9 million investment is projected to create 67 new jobs.
Celebrating its 30th anniversary in South Carolina this year, FUJIFILM is a manufacturer of industrial and commercial imaging products. The company operates five, state-of-the-art manufacturing facilities on its 500-acre campus located at 211 Puckett Ferry Road near Lake Greenwood.

Posted by: AT 02:12 pm   |  Permalink   |  Email
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