Expansion Management June 13 eNews

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Expansion Management.com E-News for June 13, 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. GE to Build Jet Engine Component Factory Near Batesville, Mississippi
2. Gates Corp. to Open its First Virginia Manufacturing Facility
3. Schwan's Consumer Brands Breaks Ground on New Distribution Center in Phoenix
4. Herr Foods to Expand Manufacturing Facility in Nottingham, Pennsylvania
5. Additional Recent facility expansions and relocations

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Ideally situated in the heart of the East Coast economic corridor, the Historic Richmond Region includes Virginia’s capital city, Richmond, and the vibrant counties of Chesterfield, Hanover, and Henrico. Successful companies have found the area to be extraordinarily business-friendly since the Virginia Company sent the first settlers to our area 400 years ago.

The Richmond metropolitan area’s population exceeds 1 million and employment totals more than 662,000. The diverse local economy produces experienced and productive workers with skills required for 21st century research, production and headquarters operations. Ten colleges and universities offer degree programs in all fields, plus continuing education classes and custom programs tailored to specific company and industry needs. A magnet for labor, the metro area attracts workers from more than 40 localities statewide.

The Greater Richmond Partnership, Inc. is a single point of contact to the network of public and private sector professionals that supports a company’s facility location decision. We would be pleased to create an itinerary reflecting your specific priorities. Let us show you why companies like Capital One, The Brink’s Company, Wachovia Securities and Phillip Morris USA love doing business in Greater Richmond – Where America’s Business Began. Learn more at www.GRPVA.com.

1. GE to Build Jet Engine Component Factory Near Batesville, Mississippi
Groundbreaking is planned in August, with the plant expected to become operational by early 2009.
READ MORE

2. Gates Corp. to Open its First Virginia Manufacturing Facility
The state approved $300,000 from the Governor's Opportunity Fund to assist both counties with the project.
READ MORE

3. Schwan's Consumer Brands Breaks Ground on New Distribution Center in Phoenix
The facility is expected to open March 2008 and will replace the 18-year old depot located in Peoria.
READ MORE

4. Herr Foods to Expand Manufacturing Facility in Nottingham, Pennsylvania
The company is eligible to apply for a loan of up to $5 million through the First Industries Fund, a grant of up to $75,000 through the Opportunity Grant Program, up to $28,800 in Customized Job Training funds and up to $128,000 in Job Creation Tax Credits.
READ MORE

5. Recent facility expansions and relocations
Miller Electric Manufacturing to Receive $1.2 Million in Economic Development Tax Credits to Support Expansion in Appleton, Wisconsin ... Toyo Tires to Expand Production Facility in Cartersville, Georgia ... Anchor Packaging Expands Manufacturing Facility in Paragould, Arkansas ... Kansas City Press Club Names Expansion Management Best Trade Magazine ... 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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