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Expansion Management.com E-News for March 29, 2007

Welcome! Expansion Management's weekly eNewsletter is produced by the editors of EM in order to provide business executives with news items featuring facility expansions and relocations of other companies, as well information about incentives and other assistance those companies may have received from local and state economic development organizations.

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In This Newsletter:
1. Honda Breaks Ground on $500 Million Auto Manufacturing Facility in Indiana
2. Carestream Health to Receive $2 Million Economic Development Grant for Rochester, New York Facility
3. Toyota Opens its Third Plant in Thailand
4. MBtech Autodie Receives $1.8 Million Tax Credit to Expand Facility in Grand Rapids, Michigan
5. Additional Recent facility expansions and relocations


1. Honda Breaks Ground on $500 Million Auto Manufacturing Facility in Indiana
The vast majority of parts for the vehicles made at the Indiana plant will be manufactured by Honda's existing base of more than 600 North American suppliers.
READ MORE


2. Carestream Health to Receive $2 Million Economic Development Grant for Rochester, New York Facility
The grant is to be applied toward the estimated $12 million cost of renovations and infrastructure improvements at two buildings which will house the company’s office and manufacturing functions.
READ MORE


3. Toyota Opens its Third Plant in Thailand

The Toyota Ban Pho plant has an annual production capacity of 100,000 vehicles and will produce Hilux pickup trucks.
READ MORE


4. MBtech Autodie Receives $1.8 Million Tax Credit to Expand Facility in Grand Rapids, Michigan
The Michigan Economic Growth Authority board approved a Single Business Tax credit valued at $1.8 million over eight years.
READ MORE


5. Recent facility expansions and relocations
BNSF Economic Development Efforts Lead to $1 Billion in Investments and Nearly 4,000 Jobs in Nine States in 2006 … Sysco to Build New Midwest Cooperative Redistribution Center in Hamlet, Indiana … Metromont Corp. to Build Manufacturing Facility Near Tampa, Florida … and other short news briefs involving companies that have recently expanded or relocated facilities.
READ MORE


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Expansion Management

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