areadevelopment + location-usa   821

Foxconn May Scale Back $10 Billion U.S. Plant, Reuters Says - Bloomberg
Foxconn Technology Group is considering scaling back or even abandoning plans to make cutting-edge displays from a $10 billion plant it’s building in the U.S., Reuters reported.
this-week-448  Around-the-web  Matt  site-selection  economic-development  taxes-incentives  wisconsin  midwest  workforce  foxconn  electronics-industry  FDI  location-USA 
7 weeks ago by areadevelopment
Foxconn to begin assembling top-end Apple iPhones in India in 2019 - Reuters
Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter.
Around-the-web  Matt  electronics-industry  manufacturing  india  made-in-america  location-USA  foxconn 
11 weeks ago by areadevelopment
U.S.-Italy Collaboration Helping to Advance Manufacturing Innovation - Area Development
The Italian Trade Agency’s Innovation Days events further strengthen U.S.-Italy advanced manufacturing ties by inspiring partnerships among academic and industry innovators.
area-development-features  Matt  business-globalization  manufacturing  location-USA  FDI 
october 2018 by areadevelopment
For sustainable development, put foreign direct investments on the G20 agenda - Eco-Business
US President Donald Trump’s trade wars have eclipsed the importance of foreign direct investments and its role in promoting sustainable development around the world. To achieve the SDGs, the world must free up flows of foreign investment.
this-week-433  Around-the-web  Matt  FDI  government-policy  trade  trade-agreements  NAFTA  location-USA  trump 
august 2018 by areadevelopment
Buried Treasure in U.S. Tax Reform: Three Site Selection Strategies to Maximize the Benefits of the New Federal Rate Reduction - Duff & Phelps
The United States has always been one of the leading destinations for foreign direct investment. Our stable political climate, abundant natural resources, large workforce and trusted U.S. currency have historically been attractive for companies that are looking to establish or expand their presence in local and global economies.
this-week-430  Around-the-web  Matt  site-selection  economic-development  taxes-incentives  FDI  location-USA  sfp-insider-7-25-2018 
july 2018 by areadevelopment
A new kind of FDI promotion for US cities and states - fDiIntelligence.com
US cities and states know that in the modern world their competition could come from across the world – or just next door. With this in mind, they are redoubling FDI promotion efforts at home and abroad, as Erika Morphy reports.
this-week-429  Around-the-web  Matt  economic-development  site-selection  FDI  location-USA  sfp-insider-7-25-2018 
june 2018 by areadevelopment
The Team…and the Timing When Making a U.S. Location Decision - Area Development
The company’s executive team, working in conjunction with outside legal and other consultants in a timely manner, can create a “win” for both the business and the community in which it chooses to locate.
area-development-features  Matt  FDI  location-USA  economic-development  site-selection 
june 2018 by areadevelopment
An Effective RFP Process for Your Next U.S. Capital Investment - Area Development
A poorly managed RFP process may cause delays, distractions, and produce bad information for your next project. A well-executed process considers the goals of the project and crafts an RFP process with that end in mind.
area-development-features  Matt  location-USA  FDI  RFP  economic-development  site-selection  manufacturing 
may 2018 by areadevelopment
Mahindra’s giant leap into Detroit
After an unsuccessful attempt to enter the U.S. auto market as an import-only diesel pickup brand in 2010, India's Mahindra & Mahindra has come back with a different plan: It will launch U.S. vehicle manufacturing at ground zero of the American auto industry. It is a rare play for an automaker wanting to get into the U.S. market.
fdi-USA  location-USA  mahindra  detroit  automotive-industry  Around-the-web  this-week-424-top  sfp-insider-7-25-2018 
may 2018 by areadevelopment
FDI & Reshoring Lead to U.S. Manufacturing Growth - Area Development
An improving business climate, including tax cuts and elimination of onerous regulations, bodes well for manufacturing in the United States.
area-development-features  Matt  FDI  location-USA  construction  manufacturing  economic-development  site-selection  government-policy 
may 2018 by areadevelopment
The United States Remains the Global Leader in Business and Investment - Area Development
The fundamentals that have made the United States a great place to invest remain strong, and pro-growth reforms like a lower tax rate and a reduction in regulatory hurdles make the U.S. business climate more favorable than ever. From a diverse, highly educated, and skilled workforce to strong intellectual property protections, it’s easy to see why millions of global business investors continue to select the USA.
area-development-features  Matt  location-USA  FDI  economic-development  site-selection  jobs  manufacturing 
may 2018 by areadevelopment
Challenges Facing the International Project Manager of an FDI project - Area Development
Each FDI project is unique and faces a unique set of challenges, but an interview with one foreign project manager helps to shed light on the process of setting up a facility in the U.S.
area-development-features  Matt  economic-development  site-selection  manufacturing  FDI  location-USA 
april 2018 by areadevelopment
Volkswagen Plans 16 Production Sites For Electric Cars - The Drive
Volkswagen has talked a big game when it comes to introducing new electric cars, but now the automaker is setting up the production infrastructure to make that happen. VW claims it will have 16 production sites for electric cars in operation by the end of 2022.
this-week-416  electric-car  electric-vehicle  automotive-industry  volkswagen  site-selection  economic-development  manufacturing  location-USA  FDI 
march 2018 by areadevelopment
How will Trump's tax attack impact global FDI? - fDiIntelligence.com
Momentous changes to US tax law, which include slashing the corporation tax rate and overhauling rules governing US companies’ foreign earnings, will have global repercussions on competition and FDI, as Erika Morphy reports.
this-week-415  Around-the-web  Matt  FDI  government-policy  tax-shelters  trump  site-selection  economic-development  location-USA 
march 2018 by areadevelopment
Manufacturing Is Not Dead - Emsi
After decades of job loss and a struggling reputation, manufacturing has made a comeback in the United States. Since the recession, production jobs have increased—and so have the knowledge and skill requirements.
this-week-414  Around-the-web  Matt  manufacturing  advanced-manufacturing  location-USA  made-in-america  workforce  skilled-labor  economic-development  site-selection  sfp-insider-4-17-2018 
march 2018 by areadevelopment
Big incentive package grew bigger over time - Winston-Salem Journal
Over several weeks, North Carolina's proposed package of incentives grew from $600 million to more than $1.5 billion in cash, training and savings on taxes — almost the total cost of the factory.
this-week-412  Around-the-web  Matt  taxes-incentives  toyota  mazda  automotive-industry  manufacturing  location-USA  FDI  economic-development  site-selection  jobs  workforce  north-carolina  south-atlantic  alabama  south 
february 2018 by areadevelopment
Kia Motors : Hyundai Motor Group pledges 45,000 hires, $22 billion investment over five years - 4-Traders
A man walks past a gate of the Hyundai Motor Co plant in Beijing
South Korea's Hyundai Motor Group pledged to hire about 45,000 people over the next five years amid an emphasis on jobs by the government, but analysts doubted if the conglomerate would meet the goal as it was eyeing cost cuts to counter sluggish sales.
this-week-410  Around-the-web  Matt  automotive-industry  location-USA  jobs  economic-development  site-selection  manufacturing 
january 2018 by areadevelopment
Table Stakes: Business Attraction in the Midwest Post-Foxconn - Area Development
In order for other Midwest states to be ready when opportunity comes knocking, they need to understand the lessons to be learned from the Foxconn deal.
area-development-features  Matt  foxconn  economic-development  site-selection  midwest  wisconsin  taxes-incentives  manufacturing  location-USA  electronics-industry  jobs  workforce 
january 2018 by areadevelopment
Toyota, Mazda walked away from $1.5 billion incentive package from NC - greensboro.com
The announcement — made by Alabama's governor and leaders of both car companies in Huntsville, the site of the new plant — was anticlimactic: News of the deal was leaked late Tuesday and spread like wildfire, stunning local and state leaders, some of whom admitted they were caught by surprise.
this-week-309  Around-the-web  Matt  manufacturing  location-USA  automotive-industry  economic-development  site-selection  taxes-incentives  north-carolina  alabama  south  south-atlantic  jobs  advanced-manufacturing  skilled-labor  toyota  mazda 
january 2018 by areadevelopment
Toyota and Mazda Select Alabama for New Auto Factory - Bloomberg
Alabama edged out North Carolina as the winner in a multi-state contest for a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion, a person familiar with the negotiations said.
this-week-309  Around-the-web  Matt  alabama  north-carolina  south  south-atlantic  economic-development  site-selection  automotive-industry  location-USA  manufacturing  advanced-manufacturing  jobs  workforce  taxes-incentives  toyota  mazda 
january 2018 by areadevelopment
Making it in America: Revitalizing US manufacturing - McKinsey & Company
The erosion of US manufacturing isn’t a foregone conclusion. The decade ahead—with increased demand, new technology, and value chain optimization—will give the sector a chance to turn around.
this-week-404-top  Around-the-web  Matt  manufacturing  reshoring  location-USA  made-in-america  technology 
november 2017 by areadevelopment
W.Va., China Energy sign $83 billion shale gas, chemical manufacturing agreement - Journal News
The West Virginia Department of Commerce today announced China Energy Investment Corp. Limited’s plan to invest $83.7 billion in shale gas development and chemical manufacturing projects in West Virginia.
this-week-404  Around-the-web  Matt  energy  shale-gas  natural-gas  chemicals-industry  china  FDI  location-USA  west-virginia  south-atlantic 
november 2017 by areadevelopment
Foreign Direct Investment Strengthens America’s High-Tech Competitiveness - Department of Commerce
This report provides an in-depth look at high-tech clusters in the United States and gives the first-ever analysis of the role of foreign direct investment (FDI) in high-tech industries. The report’s biggest takeaway is that FDI plays a significant role in these industries.
location-USA  fdi-USA  Metros  industry-clusters  high-tech  Around-the-web  this-week-400 
october 2017 by areadevelopment
Fearing Trump effect, US governors seek to reassure foreign investors - The Financial Times
Governors and mayors across the US are mounting a push to reassure foreign companies they are welcome in the US despite Donald Trump’s combative “America First” rhetoric and his increasingly tense relationship with the American business community.
this-week-395-top  Around-the-web  Matt  trump  government-policy  location-USA  FDI 
august 2017 by areadevelopment
Toyota-Mazda auto plant: Which state has best shot at 4,000 jobs? - USA Today
One of the biggest potential job-creating bonanzas in the country, a giant new auto plant proposed by Toyota and Mazda, began in secret with a mysterious code name.
this-week-395  Around-the-web  matt  toyota  mazda  location-USA  FDI  site-selection  economic-development  jobs  taxes-incentives  automotive-industry 
august 2017 by areadevelopment
As Toyota and Mazda look to expand, state finds itself in unlikely position: driver's seat - greensboro.com
What may have been North Carolina’s biggest economic missing link for decades — a major automobile manufacturing plant — could prove to be its top selling point.
Around-the-web  Matt  north-carolina  south-atlantic  automotive-industry  location-USA  FDI  jobs  manufacturing  toyota  mazda  economic-development  site-selection 
august 2017 by areadevelopment
Foxconn: Breaking Down a $3 Billion Incentives Package - Area Development
As the “Wisconn Valley” special legislative session examines the structure, performance based metrics and magnitude of an incentives package tied to what would be the largest greenfield investment by a foreign company in U.S. history, it is paramount to understand the road to a $3 billion incentives package.
area-development-features  Matt  economic-development  site-selection  wisconsin  midwest  taxes-incentives  electronics-industry  location-USA  FDI  foxconn 
august 2017 by areadevelopment
When Foreign Companies Are Making, Not Killing, U.S. Jobs - The New York Times
Chattanooga’s reliable utilities and infrastructure have helped fuel foreign investment in the area. More than two dozen companies from 20 countries have set up shop in the region, employing thousands of workers.
chattanooga  Tennessee  business-globalization  fdi-USA  location-USA  Around-the-web  this-week-394-top 
august 2017 by areadevelopment
When Foreign Companies Are Making, Not Killing, U.S. Jobs - The New York Times
For other firms, the decision to set up manufacturing in the United States has much less to do with who is in the White House than who will buy their product.
Around-the-web  Matt  location-USA  made-in-america  manufacturing  automotive-industry  Tennessee  south  economic-development  site-selection  toyota  FDI  this-week-395 
august 2017 by areadevelopment
BEA Releases New Statistics on Foreign Direct Investments Made in the U.S. - Department of Commerce
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses were $373.4 billion in 2016, down $66.2 billion, or 15 percent, from $439.6 billion in 2015.
fdi-USA  location-USA  Around-the-web  economic-indicator-reports  this-week-392 
july 2017 by areadevelopment
Faraday Future halts work on Nevada car plant - Automotive News
Faraday Future, the electric-vehicle startup backed by LeEco founder Jia Yueting, halted plans to build a $1 billion factory in Nevada as the troubled tycoon fights for the survival of his Chinese car business.
Around-the-web  Matt  automotive-industry  faraday  Nevada  mountain-states  manufacturing  location-USA  FDI  this-week-394 
july 2017 by areadevelopment
BMW among the 'bad' foreign companies driving U.S. manufacturing jobs revival - Automotive News
Years before Donald Trump began promising to bring back good manufacturing jobs by getting tough with U.S. trade partners, such jobs have already been on the rise, largely thanks to foreign companies now cast as villains in Trump's narrative.
this-week-391  Around-the-web  Matt  manufacturing  jobs  location-USA  FDI  BMW  automotive-industry  site-selection  economic-development 
june 2017 by areadevelopment
Foxconn plans U.S. display making plant for over $10 billion, scouting for location - Reuters
Foxconn (2317.TW), the world's largest contract electronics maker and a major Apple Inc (AAPL.O) supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month.
this-week-390  Around-the-web  Matt  electronics-industry  location-USA  FDI  taiwan  site-selection  economic-development  manufacturing  jobs  apple 
june 2017 by areadevelopment
Looking to the Future: FDI Growth Trends Signal Confidence in U.S. Market Prospects - Area Development
Companies worldwide have recognized that the United States represents a strong platform for global growth, as well as one of the world’s most attractive consumer markets.
area-development-features  location-USA  Matt  economic-development  site-selection  FDI  manufacturing 
june 2017 by areadevelopment
Apple steps up its effort to emphasize its economic impact - MSN
Apple is getting more aggressive about emphasizing its role in the U.S. economy, apparently hoping to counter recurring criticism over its reliance on overseas factories.
this-week-385  Around-the-web  Matt  apparel  tech  high-tech  technology  location-USA  jobs  economic-development  site-selection  apple 
may 2017 by areadevelopment
Proposed U.S. Policy and Tax Changes: What the Foreign Manufacturer Needs to Know - Area Development
Regardless of what changes may occur with U.S. federal policy, this is a time of significant opportunity for companies considering the launch of U.S. operations.
location-USA  area-development-features  Matt  manufacturing  FDI  site-selection  economic-development  government-policy  trump 
may 2017 by areadevelopment
Textile Industry Making a Comeback in the U.S. Southeast - Area Development
As the textile industry becomes transformed by technology, companies are considering highly automated, environmentally conscious production facilities in the U.S. Southeast, where the infrastructure necessary for this industry’s success is already in place.
area-development-features  Matt  textiles-clothing-industries  south-atlantic  manufacturing  reshoring  location-USA  technology  environment  sustainability  infrastructure  site-selection  economic-development  jobs 
april 2017 by areadevelopment
Volvo’s New U.S. Plant Tooling up to Make S60 in South Carolina - Motor Trend
The S60 might not be the obvious choice as the first vehicle Volvo builds at a new plant under construction outside Charleston, S.C. And some might question the Swedish automaker’s decision to pick the U.S. over lower-cost Mexico for a $500 million North American assembly plant.
this-week-383  Around-the-web  Matt  south-carolina  south-atlantic  charleston  manufacturing  volvo  automotive-industry  location-USA  FDI 
april 2017 by areadevelopment
Glass Half Full: The 2017 Foreign Direct Investment Confidence Index - A.T. Kearney
The United States tops the Foreign Direct Investment (FDI) Confidence Index for the fifth year in a row. This streak ties with the longest prior run that the United States had at the top of the Index (ending in 2001), and likely reflects the enduring attractiveness of the US market in terms of sheer size and a relatively open regulatory environment for foreign investment. Investors may also be motivated by protectionist rhetoric, as FDI would give them a local footprint in the world’s largest economy. In addition, investors have a very bullish outlook for the North American economy—with the United States and Canada the two domestic economies about which investors are most optimistic this year compared with last year. It is thus no surprise that Canada rounds out the top five in this year’s Index.
fdi-USA  location-USA  international-location-reports  business-globalization  Around-the-web  STUDIES  this-week-383 
april 2017 by areadevelopment
A Transactional Overview of Foreign Direct Investment into the United States - Area Development
Despite common factors driving FDI decisions, each project is unique and, once defined, the FDI transaction can be broken down into project management components and timelines.
area-development-features  Matt  FDI  economic-development  site-selection  location-USA  manufacturing  industrial-real-estate  real-estate 
april 2017 by areadevelopment
The long, rough ride ahead for 'Made in America' - Reuters
When companies reshore assembly to U.S. soil – in Monster Moto’s case that took two years to find a location and negotiate support from local and state officials – they are betting their demand will create a local supply chain that currently does not exist.
this-week-383  Around-the-web  Matt  made-in-america  location-USA  manufacturing  advanced-manufacturing  jobs  louisiana  south  workforce  skilled-labor  skills-gap  workforce-development  economic-development  site-selection 
april 2017 by areadevelopment
The Importance of FDI to the U.S. Economy - Area Development
With its historical strengths and other location advantages, the U.S. has become the destination of choice for FDI, and economic developers recognize its significant impact.
area-development-features  location-USA  Matt  economic-development  site-selection  manufacturing  FDI 
april 2017 by areadevelopment
Infographic: Which States Get the Most Chinese Investment? - Visual Capitalist
Cumulatively, China has put $109.5 billion into the U.S. during this time period, with about 70% of that money coming from private companies.
this-week-382  Around-the-web  Matt  china  location-USA  FDI  manufacturing  site-selection  economic-development 
april 2017 by areadevelopment
An Indiana Town’s Big Bet on International Business Pays Off - WSJ
Columbus’s big bet on international business is part of what makes this city about an hour south of Indianapolis an outlier in the region, which is still recovering from manufacturing job losses and the 2008 recession.
this-week-382  Around-the-web  Matt  indiana  midwest  economic-development  site-selection  location-USA  columbus-indiana  jobs  manufacturing 
april 2017 by areadevelopment
Toyota to Invest $1.3 Billion in Kentucky Plant - The New York Times
In the latest move by a major automaker to enhance its American manufacturing operations, Toyota said on Monday that it would invest more than $1.3 billion to upgrade its assembly plant in Kentucky.
this-week-382  Around-the-web  Matt  kentucky  south  automotive-industry  location-USA  made-in-america  manufacturing  toyota 
april 2017 by areadevelopment
New Hub Lands In New Haven For Brazilian Start-Ups - New Haven Independent
New Haven’s ties to Brazil are getting a little stronger thanks to the start of a new venture that seeks to help businesses from that country gain a foothold in the U.S.
this-week-382  Around-the-web  Matt  startup  entrepreneurship  innovation  brazil  south-america  FDI  location-USA  connecticut  new-england 
april 2017 by areadevelopment
A first look at how German grocer Lidl plans to conquer the U.S. market - The Washington Post
Lidl (pronounced lee-duhl) is a global grocery juggernaut, with 10,000 stores in 27 countries. It has made its name offering a limited assortment of goods, many of them private label, at ultralow prices.
this-week-377  Around-the-web  Matt  food-industry  retail  germany  FDI  location-USA  virginia  south-atlantic  north-carolina  south-carolina 
february 2017 by areadevelopment
Made in America Strategies in Manufacturing - IndustryWeek
Manufacturers talk about why they decided to locate their production here, what worked and what didn’t—and whether the rewards were worth the travails.
this-week-375  Around-the-web  Matt  manufacturing  location-USA  made-in-america  site-selection  economic-development 
january 2017 by areadevelopment
Hon Hai chief confirms $7 billion U.S. investment in works - The Japan Times
The head of Taiwan’s tech giant Hon Hai Precision Industry Co. confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan’s SoftBank.
this-week-375  Around-the-web  Matt  high-tech  tech  technology  apple  foxconn  electronics-industry  FDI  location-USA  trump  manufacturing  economic-development  site-selection  Pennsylvania  mid-atlantic  taxes-incentives  energy-costs 
january 2017 by areadevelopment
Korean energy companies expanding U.S. operation and oil imports in Trump age - Pulse
South Korean energy companies are readying to expand business operations in the U.S. in a bid to leverage on Donald Trump’s pledge to pursue an "America first" energy policy and do away with "job-killing" regulations on oil and coal industries.
Around-the-web  Matt  south-korea  location-USA  FDI  energy  site-selection  economic-development  oil  coal 
january 2017 by areadevelopment
Hyundai Boosts U.S. Investment to $3.1 Billion After Trump's Threats - MSN
The Hyundai Motor Group said it plans to lift U.S. investment by 50% to $3.1 billion over five years and may build a new U.S. plant - the latest auto firm to announce fresh spending after President-elect Donald Trump threatened to tax imports.
economic-development  site-selection  Around-the-web  Matt  automotive-industry  location-USA  FDI  manufacturing  trump  taxes-incentives  jobs  mexico  korean 
january 2017 by areadevelopment
Germany-Based KACO USA Expands In Lincolnton, North Carolina, Manufacturing Plant - Area Development
Kaco USA Inc., a Germany-based manufacturer of high-precision sealing solutions for the automotive industry, will expand its production facility in Lincolnton, North Carolina. The company will hire an additional 100 workers over the coming three years as it invests nearly $8.4 million in Lincoln County, 35.6 miles northwest of Charlotte.
economic-development  site-selection  area-development-news  Matt  north-carolina  south-atlantic  location-USA  FDI  germany  automotive-industry  manufacturing  jobs  taxes-incentives-grants-loans 
january 2017 by areadevelopment
Ford Invests $700 Million To Expand Flat Rock Michigan Assembly Plant - Area Development
Ford plans to invest $700 million to expand its assembly plant in Flat Rock, Michigan. The factory will begin to build high-tech autonomous and electric vehicles along with the Mustang and Lincoln Continental. The expansion will create 700 direct new jobs.
economic-development  site-selection  area-development-news  Matt  Michigan  midwest  automotive-industry  manufacturing  high-tech  tech  technology  advanced-industries  autonomous-vehicles  jobs  mexico  location-USA 
january 2017 by areadevelopment
Korea-Based GLOVIS America Opens Shreveport, Louisiana Distribution Center - Area Development
GLOVIS America, subsidiary of Hyundai Glovis Co. Ltd., a Korea-based company engaged in integrated logistics and distribution businesses, will open a new inland distribution center, for imported vehicles, in Shreveport, Louisiana. The facility will be located at the former General Motors plant.
economic-development  site-selection  area-development-news  Matt  louisiana  south  distribution-facility  automotive-industry  logistics  supply-chain  location-USA  FDI 
january 2017 by areadevelopment
Germany-Based iMPREG Group Plans Warehouse-Manufacturing Plant In Henrico County, Virginia - Area Development
iMPREG Group, a Germany-based provider of fiberglass reinforced liner systems for trenchless pipe rehabilitation, will open a warehouse facility in Henrico County, Virginia. A second phase, which would include manufacturing, is expected to increase the workforce to 60 employees with a $5.4 million expansion.
economic-development  site-selection  area-development-news  Matt  warehouse-facility  manufacturing  germany  location-USA  FDI  jobs  virginia  south-atlantic 
january 2017 by areadevelopment
Kerry Group Expands Greenville, Missouri, Food Processing Complex - Area Development
Kerry, owned by Kerry Group PLC, an Ireland-based food ingredients company that produces a variety of liquid smoke products, is expanding its facility in Greenville, Missouri. The company will invest $14.295 million in the project.
economic-development  site-selection  area-development-news  Matt  missouri  midwest  ireland  location-USA  FDI  food-industry  food-processing 
december 2016 by areadevelopment
Techtronic Industries Plans Innovation Center In Anderson County, South Carolina - Area Development
Hong Kong-based Techtronic Industries, a global leader in the design, manufacturing and marketing of quality consumer, professional and industrial products, is expanding its Power Equipment Group’s operations in Anderson County, South Carolina. The $75 million investment is expected to create 250 new jobs in the Upstate over the next several years.
economic-development  site-selection  area-development-news  Matt  south-carolina  south-atlantic  china  location-USA  FDI  manufacturing  jobs 
december 2016 by areadevelopment
Vie Active Locates U.S. Headquarters In Ketchum, Idaho - Area Development
Australian-based women’s activewear company, Vie Active, is establishing its first U.S. headquarters to Ketchum, Idaho. The company, which started in 2013 in Bondi Beach, Australia, is expected to bring 43 new jobs to the region.
economic-development  site-facility-planning-this-week  area-development-news  Matt  Idaho  mountain-states  location-USA  FDI  textiles-clothing-industries  australia  jobs  headquarters 
december 2016 by areadevelopment
China-Based Labon Locates U.S. Manufacturing Hub In Orangeburg, South Carolina - Area Development
Labon, a China-based leading technical fiber and textile manufacturer, is establishing its operations center in the Orangeburg County, South Carolina. The project is expected to bring $3.1 million in capital investment and lead to the creation of 23 new jobs.
economic-development  site-selection  area-development-news  Matt  south-carolina  south-atlantic  china  location-USA  FDI  textiles-clothing-industries  manufacturing  jobs  taxes-incentives-grants-loans 
december 2016 by areadevelopment
GKN Driveline Adds Expands Operations In Five North Carolina Counties - Area Development
British-based GKN Driveline will expand operations at its five facilities in North Carolina. The company plans to add a total of 302 jobs and invest at least $179 million in Alamance, Catawba, Lee, Maiden and Person counties.
economic-development  site-selection  area-development-news  Matt  north-carolina  south-atlantic  location-USA  FDI  automotive-industry  jobs  taxes-incentives-grants-loans  manufacturing 
december 2016 by areadevelopment
Two Firms Plan Expansion In Grand Rapids, Michigan Metro Area - Area Development
Custom Profile Inc., a company that specializes in extruded plastic projects, and Denmark-based Gabriel, a company that develops, manufactures, and sells upholstery fabrics and components, have planned expansion projects in the Grand Rapids, Michigan area. The projects are expected to bring a total of 110 new jobs and $3.78 million in new capital investment to the region.
economic-development  site-selection  area-development-news  Michigan  midwest  grand-rapids  denmark  location-USA  FDI  jobs  plastics  textiles-clothing-industries 
december 2016 by areadevelopment
Location Notebook: Foreign Investment Making a Powerful Impact in Tennessee - Area Development
Companies across the globe are making investments and creating jobs in Tennessee to connect with suppliers and ultimately reach the vast U.S. market.
area-development-features  Matt  Tennessee  south  FDI  location-USA  workforce  automotive-industry  economic-development  site-selection  Location-notebook 
december 2016 by areadevelopment
Canada-Based Magna International Plans Assembly Plant In Spartanburg County, South Carolina - Area Development
Magna International, a leading global automotive supplier, is constructing a new seat manufacturing plant at Tyger River Industrial Park in Spartanburg County, South Carolina. Representing its fourth manufacturing plant in South Carolina, the company is projected to invest $29 million in the facility, creating 480 new jobs over the next five years.
economic-development  site-selection  area-development-news  Matt  location-USA  FDI  canada  automotive-industry  jobs  south-carolina  south-atlantic 
december 2016 by areadevelopment
Taiwan-Based Everest Textile USA Plans Manufacturing Facility In Forest City, North Carolina - Area Development
Everest Textile USA will establish a 610-job manufacturing facility in Rutherford County, North Carolina. The Taiwan-based maker of high-performance sports apparel will invest $18.5 million over five years at a site in Forest City.
economic-development  site-selection  area-development-news  Matt  manufacturing  north-carolina  south-atlantic  location-USA  FDI  taiwan  textiles-clothing-industries  taxes-incentives-grants-loans 
december 2016 by areadevelopment
Reshoring and Skilled Workforce Go Hand in Hand - Area Development
A higher skilled workforce is necessary for reshoring to occur, but recruiting that workforce also requires reshoring to be visibly successful.
economic-development  site-selection  area-development-features  Matt  reshoring  FDI  location-USA  workforce  skilled-labor  STEM 
november 2016 by areadevelopment
Y International USA Opens Export Distribution Center In Lyndhurst, New Jersey - Area Development
Y International USA, a Division of the United Arab Emirates-based LuLu Group International, opened its First U.S. Export Distribution Center in Lyndhurst, New Jersey.
economic-development  site-selection  area-development-news  Matt  new-jersey  mid-atlantic  location-USA  FDI  distribution-facility  distribution-centers  exports 
november 2016 by areadevelopment
K-FLEX USA Doubles Manufacturing Center In Franklin County, North Carolina - Area Development
Italy-based K-FLEX USA plans to nearly double in size with the expansion of its manufacturing operations in Franklin County, North Carolina. The company will create 100 new jobs and invest $45 million in its facilities and equipment over the next four years.
economic-development  site-selection  area-development-news  Matt  manufacturing  north-carolina  south-atlantic  jobs  italy  location-USA  FDI  taxes-incentives-grants-loans 
november 2016 by areadevelopment
Ireland-Based Kerry Expands Manufacturing Facility In Rochester, Minnesota - Area Development
Kerry, an Ireland based food ingredients, taste and nutrition company, plans a $18.1 million expansion of its manufacturing facility in Rochester, Minnesota. The project is the first phase of a larger facility expansion project planned at $28.6 million.
economic-development  site-selection  area-development-news  Matt  minnesota  midwest  ireland  location-USA  FDI  food-industry  food-processing  manufacturing  taxes-incentives-grants-loans 
november 2016 by areadevelopment
Central Wire, Inc. Expands Lancaster County, South Carolina, Facility - Area Development
Central Wire, Inc., a Canada-based stainless and specialty alloy wire manufacturer, is expanding its wire operation in Lancaster County, South Carolina. The expansion is expected to bring $2 million in new capital investment and create 18 new jobs.
economic-development  site-selection  area-development-news  Matt  south-carolina  south-atlantic  canada  location-USA  FDI  manufacturing  jobs 
november 2016 by areadevelopment
Japan-Based Teijin Ltd. Plans Manufacturing Facility In Greenwood, South Carolina - Area Development
Teijin Ltd., a Japan-based chemical, pharmaceutical and information technology company, will be constructing a state-of-the-art manufacturing facility on Highway 246 in Greenwood, South Carolina.
economic-development  site-selection  area-development-news  Matt  south-carolina  south-atlantic  Japan  FDI  location-USA  chemicals-industry  pharmaceuticals  information-technology  manufacturing 
november 2016 by areadevelopment
South African-Based Hansens Aluminum To Locate Plant In Henderson, Kentucky - Area Development
Hansens Aluminum, a South African-based automotive parts maker, will invest $18.4 million to locate an aluminum extrusion manufacturing plant at the Henderson County Riverport in Henderson, Kentucky. The company plans to hire 90 associates.
economic-development  site-selection  area-development-news  Matt  aluminum-industry  kentucky  south  south-africa  location-USA  FDI  jobs  manufacturing  automotive-industry 
november 2016 by areadevelopment
Britain-based Golfbreaks Opens U.S. Operations In Mount Pleasant, South Carolina - Area Development
Britain-based Golfbreaks.com, a specialty golf travel company and participant in the state’s new Landing Pad program, is establishing its first U.S. operations at 1156 Bowman Road in Mount Pleasant, Charleston County, South Carolina.
economic-development  site-selection  area-development-news  Matt  south-carolina  south-atlantic  britain  location-USA  FDI  golf  headquarters 
november 2016 by areadevelopment
Norafin Americas Plans Textile Plant In Mills River, North Carolina - Area Development
Norafin Americas, Inc. will establish a manufacturing plant in Henderson County, North Carolina. The company plans to create 46 new jobs during the next three years. The Germany-based nonwoven textile maker will invest $16 million at a location in Mills River for its first production facility outside of Germany.
economic-development  site-selection  area-development-news  Matt  north-carolina  south-atlantic  manufacturing  jobs  germany  location-USA  FDI  textiles-clothing-industries 
november 2016 by areadevelopment
Cimpress Opens U.S. Manufacturing Complex In Reno, Nevada - Area Development
Dutch-based Cimpress, a world leader in mass customization, will open its first U.S. manufacturing operation in Reno, Nevada.
economic-development  site-selection  area-development-news  Matt  manufacturing  Nevada  mountain-states  Reno  FDI  location-USA 
november 2016 by areadevelopment
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