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 Economic Development News 
Tuesday, May 21 2019

Freeport, TX -- At the regularly scheduled meeting held May 16th, Port Commissioners voted to accept the 2019 Economic Impact Analysis performed by Texas A&M Transportation Institute. The study was based upon 2017 data and revealed a statewide economic impact of 150,651 jobs, federal tax revenues of $3.2 billion, and a total economic output of $98.8 billion, double the economic output reported in the last analysis performed in 2016.    

“Brazoria County and the surrounding area have experienced a substantial amount of growth since the 2016 TTI study.  Billions of dollars have been invested in the petrochemical industry which, coupled with the addition of new tenants and new infrastructure at Port Freeport, have expanded production capabilities and contributed to higher employment, sustaining the economic growth and competitiveness of Port Freeport and the Freeport Harbor Channel,” said Phyllis Saathoff, Port Freeport Executive Director/CEO. 

Posted by: AT 11:20 am   |  Permalink   |  Email
Tuesday, May 21 2019

Jackson, MS -- Plastic housewares manufacturer United Solutions is increasing production in Sardis, making a corporate investment of $9.5 million and creating 50 jobs.

"United Solutions' expansion is great news for Panola County. Fifty new job opportunities for the people of Sardis and the surrounding area will strengthen the region's economy and manufacturing presence while helping build more vibrant communities for years to come," Gov. Phil Bryant said.

United Solutions’ expansion will enable the company to meet the demands of two additional product lines. At its manufacturing facility, the company is investing in new equipment and building renovations. United Solutions also is purchasing a warehouse in Sardis to free up space currently being used for storage in its manufacturing facility.

Posted by: AT 11:15 am   |  Permalink   |  Email
Tuesday, May 21 2019

National Council of Examiners for Engineering and Surveying relocates center of operations, employee base from Seneca to Greenville, SC


GREENVILLE, SC -- The National Council of Examiners for Engineering and Surveying is relocating its headquarters to Greenville, South Carolina, from its current location in Seneca, South Carolina. NCEES’ new headquarters will occupy 70,600 square feet at 200 Verdae Boulevard in Greenville.


“The new headquarters will provide a better position for the growth of the organization and allow NCEES to better support its member boards and the professions of engineering and surveying,” explained NCEES Chief Executive Officer David Cox. “NCEES is entering its second century of advancing licensure for engineers and surveyors, and this move will help us better fulfill our mission to safeguard the health, safety, and welfare of the public.”


NCEES is a national nonprofit organization made up of the engineering and surveying licensing boards from across the United States and its territories. It provides a range of services to support licensure and public protection, including developing the exams used to license professional engineers and surveyors.

Posted by: AT 10:50 am   |  Permalink   |  Email
Tuesday, May 21 2019
CBD Made in New Mexico: Major New Employer Coming to Mesilla

Company Plans to Hire 180 New Mexicans to Manufacture CBD

Mesilla, NM -- Rich Global Hemp (RGH) announced it is launching growing operations for hemp plants as well as cannabidiol, or CBD, extraction in Mesilla, where it plans to hire 180 people in the next 18 months. 

Rich Global Hemp has acquired and is renovating an existing greenhouse facility in Mesilla Park where it will begin growing hemp plant clones that will later be processed into cannabidiol, or CBD, which is the non-psychoactive oil from the plants that has a wide variety of uses. RGH will start the plants at the greenhouse, provide the juvenile plants to farmers in New Mexico where they will be grown and harvested, then RGH will purchase the harvested plants to use in the production of CBD oil. The plants are bred for high CBD content and contain negligible percentages of THC, the psychoactive chemical in cannabis plants.

Posted by: AT 09:26 am   |  Permalink   |  Email
Monday, May 20 2019
  • Orthopedic and medical device maker will invest $2.5 million to establish U.S. headquarters in Franklin
  • Medacta USA will create over 50 headquarters jobs over next five years
  • Company selected Middle Tennessee to be near fellow health care companies

Nashville, TN -- Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Medacta USA officials announced that the orthopedic and medical device maker will relocate its U.S. headquarters to Middle Tennessee from Chicago.
Medacta USA will invest $2.5 million and create over 50 jobs in Franklin over the next five years. The company will establish its U.S. headquarters and a research and development lab in Bowers Park at 6640 Carothers Parkway.

Posted by: AT 01:24 pm   |  Permalink   |  Email
Friday, May 17 2019

Des Moines, IA -- The Iowa Economic Development Authority (IEDA) Board approved projects for five legacy companies, which will assist in the creation of 340 jobs, retention of 406 jobs and will result in more than $632 million in new capital investment for the state. These projects are located in Altoona, Cedar Rapids, Mason City, Pella and rural Butler County. The board also approved innovation funding in support of four startups located in Ames, Cedar Rapids, Coralville, Davenport and Prole.  

Facebook expands presence in Iowa 
Siculus, Inc., is a wholly owned subsidiary of Facebook, Inc. Siculus operations involve storage and transfer of large amounts of transactional data. Siculus plans to construct a large data center facility adjacent to its current footprint in Altoona. At the request of the City of Altoona, the board authorized a local property tax exemption through the High Quality Jobs program (HQJ). This enables the city to provide the 20-year tax abatement approved by its City Council on May 6, 2019. No new state incentives are planned, but the project will result in $400 million in new capital investment and create 31 jobs at a qualifying wage of $30.32 per hour. 

Posted by: AT 02:20 pm   |  Permalink   |  Email
Wednesday, May 15 2019

Now Seeking Nominations 

Vero Beach, FL -- The Indian River County Chamber of Commerce is seeking nominations for its 2019 Industry Appreciation Awards program. Nomination forms and the awards criteria are available on the Chamber’s economic development website, on the Business Resources page. Completed nominations are due in to the Chamber office by 5pm Friday, August 30. Award recipients are recognized at the Chamber’s annual Industry Appreciation Awards luncheon in late October at the IRSC Richardson Center. They are also highlighted in the Chamber’s e-newsletter, and provided the opportunity for local media spotlights.

“It is important to recognize the achievements of our local businesses and all they add to the quality of life we enjoy in Indian River County, either through architectural achievements or their impact on our local economy” explains Helene Caseltine, Economic Development Director for the Chamber. The Awards program is part of the Chamber’s overall economic development strategy for business retention and expansion.

Posted by: AT 10:31 am   |  Permalink   |  Email
Tuesday, May 14 2019

Whitestown, IN -- Opus Packaging Group, a corrugated packaging and supplies manufacturer, announced plans to establish operations in Whitestown, creating up to 43 new jobs by the end of 2022. 

"As a state, we're working hard to maintain a pro-growth business climate that supports job growth and attracts new companies like Opus Packaging from across the country and around the world," said Indiana Secretary of Commerce Jim Schellinger. "Today's announcement is yet another signal that Indiana's economy is on the move. Opus Packaging's decision to locate here further strengthens our reputation as a national leader in manufacturing, and it will result in even more quality career opportunities for Hoosiers." 

The Caledonia, Michigan-based company will invest nearly $3 million over the next few years to construct and equip a new facility located in Park 130 in Whitestown. Once complete, the new production facility will total 170,000 square feet and house several new pieces of machinery to produce a full range of products, allowing the company to increase its production for clients in Indiana and other parts of the Midwest. Construction on the building is underway and expected to be complete by July 2019. 

Posted by: AT 09:37 am   |  Permalink   |  Email
Tuesday, May 14 2019

Credit startup Petal to establish new service and operations center

Richmond, VA -- Governor Ralph Northam announced that Petal, a new kind of credit card company built to help people financially succeed, will make an investment of over $300,000 to establish a new service and operations center in Chesterfield County. Virginia successfully competed with Austin, Salt Lake City, and New York City—where Petal is headquartered—for the project, which will create more than 80 new jobs over the next three years.

“Petal is an innovative startup with a truly unique business model, and we are delighted that this growing company has chosen Chesterfield County as the site of its new state-of-the-art operations center,” said Governor Northam. “With its proximity to nearly 30 higher education institutions, this region will train and supply the next generation of skilled professionals, ensuring the company has access to a wealth of top talent for years to come. We welcome Petal to Virginia, and look forward to their success in Chesterfield County.”

Posted by: AT 09:33 am   |  Permalink   |  Email
Tuesday, May 14 2019

Canada-based supplier selects Perry County for first US operation

Frankfort, KY -- Governor Matt Bevin announced Dajcor Aluminum Ltd., a Canadian manufacturer of extruded and fabricated aluminum products, plans to create up to 265 full-time jobs as it invests nearly $19.6 million to locate its first US operation near Hazard.

“We are excited for another major jobs announcement in Eastern Kentucky, where we have a strong, skilled workforce ready to serve any industry’s needs,” Gov. Bevin said. “Dajcor Aluminum has selected an excellent location for its first US operation and will be a great fit for the workforce in and around Perry County. We are grateful to Dajcor for their decision to locate in Kentucky, and we stand ready to help this company achieve its goals and continue its rapid growth.”

Posted by: AT 09:29 am   |  Permalink   |  Email
Monday, May 13 2019

Wadersboro, NC -- Loba-Wakol, a supplier to the wood and resilient flooring industry, will expand its operations in North Carolina, establishing a new distribution and warehouse facility in Anson County and creating 24 jobs. The company plans to invest $6.6 million in Wadesboro.

The average annual wage of the new jobs announced today will be $43,750. The average wage in Anson County is currently $33,358.

“North Carolina offers an ideal location, skilled workforce, and strong transportation networks for international companies looking to expand their North American operations,” said Gov. Roy Cooper. “We’re proud to welcome this company and these new jobs to our state.”

Posted by: AT 11:15 am   |  Permalink   |  Email
Monday, May 13 2019

New operations to help create 500 jobs

Columbia, SC -- JUUL Labs, Inc. announced plans to invest more than $125 million in a new assembly facility in Lexington County. This investment is expected to help create more than 500 new jobs to support the assembly operations.

JUUL Labs was established to help adult smokers switch from combustible cigarettes. Since launching in 2015, the company has maintained a commitment to keeping all tobacco products, including JUUL products, out of the hands of youth. The company stopped the sale of non-tobacco and non-menthol based flavored JUULpods to all of its traditional retail store partners in 2018. 

Posted by: AT 09:42 am   |  Permalink   |  Email
Thursday, May 09 2019

Major expansion by The Hershey Company to create 65 new jobs

Stuarts Draft, VA -- Governor Ralph Northam announced that The Hershey Company, the leading North American chocolate producer and a global snacks company, will invest $104 million to grow its major manufacturing operation in Augusta County. The 111,000-square-foot expansion of the existing facility will increase production capabilities. The expanded facility will manufacture penuche and peanut cream, which will be distributed to other Hershey facilities on the East Coast. The Hershey Company evaluated potential expansion locations nationally and ultimately chose Augusta County for the project, which will create 65 new jobs. 

“For more than thirty years, The Hershey Company has continued to grow in Augusta County, creating hundreds of jobs and setting the bar for a thriving food and beverage industry cluster in the Shenandoah Valley,” said Governor Northam. “The company’s economic contribution to Virginia cannot be overstated, and we look forward to many more years of success for Hershey with this major investment and the establishment of a new Roasting Center of Excellence.”

Posted by: AT 01:31 pm   |  Permalink   |  Email
Thursday, May 09 2019

Propane tank producer plans first Kentucky location in Taylor County

Frankfort, KY -- Governor Matt Bevin announced Manchester Tank and Equipment Co., a division of McWane Inc., plans to locate a $10-million-plus propane tank manufacturing facility in Campbellsville, a project expected to create 175 full-time jobs in the coming years.

“Manchester Tank & Equipment Co. will be a significant addition to the Taylor County community, and we welcome them to the commonwealth,” Gov. Bevin said. “The 175 jobs associated with this project will provide exciting opportunities for central Kentucky’s workforce and overall economy. Manchester’s steady growth from a small operation to an industry leader has been remarkable, and we look forward to seeing them reach even greater heights here in Kentucky, America’s hub for engineering and manufacturing excellence.”

Posted by: AT 09:39 am   |  Permalink   |  Email
Thursday, May 09 2019

REDI Cincinnati and JobsOhio partner to fuel company growth in Ohio

Cincinnati, OH -- Health management software company AssureCare announced that it would expand its headquarters to accommodate significant growth in its client-base and product offerings. Ability to reduce healthcare costs, improve quality of care, and enhance engagement for its customers has provided a growing market for AssureCare. As the result of state and local support, the company will add 100 jobs at its headquarters in the City of Cincinnati with a total of $10 million in new payroll.

The company’s growth will add a wide range of technology-based employees to the AssureCare team. While evaluating location options internally, it concluded that Cincinnati provided the best location for talent and continued growth.

“We have built a world-class, patient centric technology platform that connects a human life to its entire healthcare ecosystem and we are proud to be doing so from our great city of Cincinnati,” said Dr. Ahmad, President & CEO of AssureCare.

Posted by: AT 09:21 am   |  Permalink   |  Email
Monday, May 06 2019

Rushville, IN -- Cormo USA Inc., which utilizes technology to turn corn field waste into sustainable products, announced plans to establish operations in Rushville, creating up to 250 new, high-wage jobs by the end of 2023. 

“Indiana’s economy is increasingly global, and we are excited to welcome yet another international company to the Hoosier state,” Governor Eric J. Holcomb said. “With strong roots in agriculture and a flourishing tech sector, Indiana is the perfect destination for innovative companies like Cormo USA to locate as they work to develop and refine critical solutions.” 

The company, which was incorporated as a joint venture between Switzerland-based Cormo AG and Florida-based Sustainable Projects Group Inc. in 2018, will invest approximately $29.5 million to establish its first U.S. production plant in Indiana, constructing and equipping a state-of-the-art facility on 10 acres in the Commerce Park at Rushville. The new facility, which the company plans to break ground on this summer, will process maize straw from up to 150,000 acres of corn fields each year into a 100 percent sustainable peat moss substitute (TEFA) for agricultural uses and into foam products (BABS) for material science uses. This patented process has been utilized at the company’s pilot plant in France since 2016. 

Posted by: AT 09:35 am   |  Permalink   |  Email
Friday, May 03 2019

Public-Private Agreement Will Jumpstart Economic Growth, Create Jobs

New London, CT -- Governor Ned Lamont announced that the State of Connecticut and its partners have reached an agreement on a harbor development plan for State Pier in New London that will enable its revitalization and put in place the needed components to establish the region as a central hub in New England for the developing offshore wind industry.

The Connecticut Port Authority, the state’s quasi-public agency responsible for marketing and coordinating the development of the state’s ports and maritime industry, and terminal operator Gateway, are partnering with Bay State Wind, a joint venture between Ørsted and Eversource, on a new deal that will redevelop State Pier into a world-class, state-of-the-art port facility through combined public-private investment of $93 million to upgrade its infrastructure and heavy-lift capability. These upgrades will allow State Pier to meet the facility requirements of the offshore wind industry and will benefit the port’s long-term growth by increasing its capability to accommodate heavy-lift cargo for years to come.

Posted by: AT 10:43 am   |  Permalink   |  Email
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