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This page contains current news on business expansions and relocations.
OECD Reports Foreign Investment Weak in Southeast Europe [ 3/1/2007 ]By: NEWS BRIEFS
PARIS, France (March 1, 2007) — Region still suffers from a poor image, according to the report.Read The Full Article
Singapore's PSA To Build Container Port In Vietnam [ 3/1/2007 ]By: NEWS BRIEFS
VUNG TAU, Vietnam (March 1, 2007) — Company to site facility to establish itself in growing Southeast Asia market.Read The Full Article
Rite Aid to Expand Headquarters and Operations in Pennsylvania [ 3/1/2007 ]By: NEWS BRIEFS
HARRISBURG, Pa. (March 1, 2007) — The state is offering Rite Aid an incentive package totaling $1.45 million, which was leveraged to secure the $11.2 million project.Read The Full Article
Auto Parts Manufacturer APR Breaks Ground on Facility in Opelika, Alabama [ 3/1/2007 ]By: NEWS BRIEFS
OPELIKA, Ala. (March 1, 2007) — The company plans to have the facilities completed and open sometime around the end of 2007 or beginning of 2008.Read The Full Article
Internet Retailer Zappos.com Fully Automates its new Distribution Center in Shepherdsville, Kentucky [ 3/1/2007 ]By: NEWS BRIEFS
SHEPHERDSVILLE, Ky. (March 1, 2007) — The new DC and automated material handling system will serve as the company's primary warehouse and distribution facility.Read The Full Article
INDIANAPOLIS, Ind. (February 28, 2007) — The program that identifies sites which have undergone extensive title work, proof of ownership, legal and environmental review and qualify for expedited permitting with state regulatory agencies.Read The Full Article
Natural Balance Pet Foods to Open New Distribution Center in Saluda, South Carolina [ 2/28/2007 ]By: NEWS BRIEFS
SALUDA, S.C. (February 28, 2007) — The company has selected an existing 75,000 square foot building for the DC.Read The Full Article
Citigroup to Build 150,000 Square Foot Office Building in Buffalo New York [ 2/28/2007 ]By: NEWS BRIEFS
BUFFALO, N.Y. (February 28, 2007) — Citi accepted a $1.75 million economic development package from the state of New York from its Jobs NOW program.Read The Full Article
PepsiCo to Locate $36 Million Distribution Center in Mountain Top, Pennsylvania [ 2/27/2007 ]By: NEWS BRIEFS
MOUNTAIN TOP, Pa. (February 27, 2007) — PepsiCo will receive incentives that include a grant of up to $1 million through the Infrastructure Development Program and a grant of up to $250,000 through the Opportunity Grant Program.Read The Full Article
Puronics Consolidates Manufacturing Operations at New Facility in Livermore, California [ 2/27/2007 ]By: NEWS BRIEFS
LIVERMORE, Calif. (February 27, 2007) — At the same time Puronics moved manufacturing to their new facility, it also opened up a new distribution center in Cincinnati, Ohio, to serve its East Coast dealers.Read The Full Article
Cytec Industries Inc. to Build $150 Million Facility in Greenville, South Carolina [ 2/27/2007 ]By: NEWS BRIEFS
GREENVILLE, S.C. (February 27, 2007) — When the planned new facility goes online in 2010 it will manufacture high volumes of Cytec carbon fibers such as Thornel T300, T650 and T40/800, which are used by a variety of commercial aerospace and military customers, as well as new fibers currently under development.Read The Full Article
Harger Lightning and Grounding to Open Manufacturing Facility in North Carolina [ 2/27/2007 ]By: NEWS BRIEFS
FAIRMONT, N.C. (February 27, 2007) — The state will support the project with a $64,500 One North Carolina Fund grant.Read The Full Article
Hyundai Motor Building Plant in Brazil [ 2/26/2007 ]By: NEWS BRIEFS
SAO PAOLO, Brazil (February 26, 2007) — Automaker will ship vehicle modules to first Latin American facility, but won't pay for construction costs.Read The Full Article
Tesla Motors to Build Auto Assembly Facility in Albuquerque, New Mexico [ 2/26/2007 ]By: NEWS BRIEFS
ALBUQUERQUE, N.M. (February 26, 2007) — Tesla Motors will receive several incentives from the state, including the high wage job tax credit, the manufacturer’s investment tax credit and assistance from the Job Training Incentive Program.Read The Full Article
Nypro Carolina Expands its Plastics Manufacturing Facility in Mebane, North Carolina [ 2/26/2007 ]By: NEWS BRIEFS
MEBANE, N.C. (February 26, 2007) — The state will support the expansion with a $150,000 One North Carolina Fund grant.Read The Full Article
Lyondell Chemical Co. Receives $125,000 Training Grant from Ohio Dept. of Economic Development [ 2/26/2007 ]By: NEWS BRIEFS
ASHTABULA, Ohio (February 26, 2007) — Ohio Investment in Training Program grants provide Ohio firms with up to 50 percent reimbursement to fund instructional costs, materials and training-related activities.Read The Full Article
Paramount Metal Finishing to Open Manufacturing Facility in Bishopville, South Carolina [ 2/26/2007 ]By: NEWS BRIEFS
BISHOPVILLE, S.C. (February 26, 2007) — The has purchased and begun renovations of the former National Guard Armory in Bishopville, S.C., to become its new manufacturing facility.Read The Full Article
Arcelor Mittal To Invest $2.2 Billion In Senegal [ 2/23/2007 ]By: NEWS BRIEFS
FALEME, Senegal (February 23, 2007) — Company to build a mine, port and rail link in southeastern portion of the country.Read The Full Article
Otis Spunkmeyer, Inc. to Expand South Carolina Manufacturing Operations [ 2/23/2007 ]By: NEWS BRIEFS
CAYCE, S.C. (February 23, 2007) — The company plans to invest $17 million in new plant equipment and machinery to accommodate anticipated increase in product demand.Read The Full Article
Landon IP Inc. to Open Office in Southfield, Michigan [ 2/23/2007 ]By: NEWS BRIEFS
SOUTHFIELD, Mich. (February 23, 2007) — The Michigan EDC approved a Single Business Tax credit valued at $2.1 million over five years.Read The Full Article
Crete Carrier to Open New Facility in Knoxville Area [ 2/23/2007 ]By: NEWS BRIEFS
KNOXVILLE, Tenn. (February 23, 2007) — The Roane County Commission approved rezoning the land from commercial to industrial, which was necessary since Crete’s new facility will include refueling.Read The Full Article
Mitsubishi Electric Power Products Inc. to Expand its Headquarters Facility in Warrendale, Pennsylvania [ 2/22/2007 ]By: NEWS BRIEFS
WARRENDALE, Pa. (February 22, 2007) — The company’s incentive package includes a loan of up to $2 million through the Pennsylvania Industrial Development Authority (PIDA), a grant of up to $100,000 through the Opportunity Grant Program, up to $52,500 in customized job training funds and $150,000 in job creation tax credits.Read The Full Article
AmMed Opens New Corporate Headquarters in Nashville, Tennessee [ 2/22/2007 ]By: NEWS BRIEFS
NASHVILLE, Tenn. (February 22, 2007) — In addition, the building has a large distribution pharmacy with capacity to fill 5,000 prescriptions daily.Read The Full Article
Visteon Corp. to Build $35 Million Manufacturing Plant in Highland Park, Michigan [ 2/22/2007 ]By: NEWS BRIEFS
HIGHLAND PARK, Mich. (February 22, 2007) — The city of Highland Park has proposed a 10-year tax abatement valued at $4.3 million to support the project.Read The Full Article
Corgan Announces Opening of Headquarters Building in West End Section of Dallas, Texas [ 2/22/2007 ]By: NEWS BRIEFS
DALLAS, Texas (February 22, 2007) — Corgan’s headquarters is constructed to be Leadership in Energy and Environmental Design (LEED) certified and includes many environmentally sustainable, energy-conserving features such as recycled building materials, rainwater collection and energy management systems.Read The Full Article
