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This page contains current news on business expansions and relocations.
Honda To Build New Engine Plant In Japan [ 1/16/2007 ]By: NEWS BRIEFS
OGAWA, Saitama, Japan (January 16, 2007) High demand for fuel-efficient cars creates need for new engine plant.Read The Full Article
Matsushita Establishes Asian Base in Thailand [ 1/15/2007 ]By: NEWS BRIEFS
BANGKOK, Thailand (January 15, 2007) The company has established Panasonic Automotive Systems Asia Pacific (Thailand) Co., Ltd.Read The Full Article
Capital Lighting and Supply to Build Headquarters and Distribution Facility in Annapolis, Maryland [ 1/15/2007 ]By: NEWS BRIEFS
ANNAPOLIS, Md. (January 15, 2007) The Maryland Department of Business and Economic Development will provide a $200,000 conditional loan through the States Maryland Economic Development Assistance Fund.Read The Full Article
Algoma Hardwoods Receives Customized Labor Training Grant From Wisconsin Department of Commerce [ 1/15/2007 ]By: NEWS BRIEFS
ALGOMA, Wis. (January 15, 2007) The training project, which is estimated to cost a total of $101,306, will train 14 employees on a new state-of-the-art press.Read The Full Article
EnterpriseDB to Establish Regional Headquarters in Hong Kong [ 1/15/2007 ]By: NEWS BRIEFS
HONG KONG, China (January 15, 2007) The company to market open source software to firms in Asia.Read The Full Article
Cereplast Announces Facility Expansion in Hawthorne, California [ 1/12/2007 ]By: NEWS BRIEFS
HAWTHORNE, Calif. (January 12, 2007) The company will consolidate its operations in two adjacent buildings, creating a 50,000 square foot facility.Read The Full Article
Setco Automotive Acquires Former Haldex Manufacturing Facility in Paris, Tennessee [ 1/12/2007 ]By: NEWS BRIEFS
PARIS, Tenn. (January 12, 2007) The sale to Setco includes buildings, machinery and certain non-strategic product lines.Read The Full Article
3PL Provider Clark Logistics Services Expands its Warehouse Space in St. Louis, Missouri [ 1/12/2007 ]By: NEWS BRIEFS
ST. LOUIS, Mo. (January 12, 2007) The firm added 262,000 square feet, for a total of 400,000 square feet.Read The Full Article
Cady Bag Company to Expand Production at Peason, Georgia Facility [ 1/12/2007 ]By: NEWS BRIEFS
PEARSON, Ga. (January 12, 2007) The company will invest another $1 million in machinery to create 50-75 new jobs in the next two years.Read The Full Article
Inplast to Establish Manufacturing Facility in Leitchfield, Kentucky [ 1/11/2007 ]By: NEWS BRIEFS
LEITCHFIELD, Ky. (January 11, 2007) The company was preliminarily approved by the Kentucky Economic Development Finance Authority for tax benefits up to $2.75 million under the Kentucky Rural Economic Development Act.Read The Full Article
K&K Thermoforming To Receive $2.2 Million Incentives Package to Support Facility Expansion [ 1/11/2007 ]By: NEWS BRIEFS
SOUTHBRIDGE, Mass. (January 11, 2007) The company will use proceeds from a $2 million tax-exempt bond, supported by a $200,000 mortgage insurance guaranty, to acquire and rehabilitate an industrial building in Southbridge.Read The Full Article
IBM Launches Development Centers in India and China [ 1/11/2007 ]By: NEWS BRIEFS
BEIJING, China and PUNE, India (January 11, 2007) Operations launched to meet growing global client demand for new business services.Read The Full Article
Midwest Hardwood Corp. to Receive $100,000 CDBG Loan From Wisconsin [ 1/11/2007 ]By: NEWS BRIEFS
PARK FALLS, Wis. (January 11, 2007) The CDBG-ED program awards grants to businesses that seek to expand or relocate to Wisconsin.Read The Full Article
New Biotechnology Park Slated for Malaysia [ 1/10/2007 ]By: NEWS BRIEFS
BUKIT JAMBUL, Penang, Malaysia (January 10, 2007) University facility expects to draw worldwide biotech expansion projects.Read The Full Article
Lear Corp. Receives Additional $2.9 Million CDBG Funds to Support Michigan Facility Expansion [ 1/10/2007 ]By: NEWS BRIEFS
MENDON, Mich. (January 10, 2007) The award will be used to construct a new well and make other improvements to the water supply needed for Lear to accommodate the manufacture of a new product line.Read The Full Article
Kellogg Co. to Make $35.5 Million Upgrade to Rome, Georgia Plant [ 1/10/2007 ]By: NEWS BRIEFS
ROME, Ga. (January 10, 2007) Despite holding a Fee-in-Lieu-of-Taxes incentive, which helps offset an employer's property tax, with the Rome-Floyd County Development Authority, Kellogg will voluntarily pay taxes used for educational benefits.Read The Full Article
Two Massachusetts Manufacturers Receive $4.5 Million Financial Incentive Packages to Support Facility Expansions [ 1/10/2007 ]By: NEWS BRIEFS
PITTSFIELD, Mass. (January 10, 2007) MassDevelopment, the states finance and development authority, works with businesses, financial institutions and local officials to stimulate economic growth across the Commonwealth.Read The Full Article
SkyeTek Announces Opening of Sales Headquarters in Amsterdam [ 1/10/2007 ]By: NEWS BRIEFS
AMSTERDAM, The Netherlands (January 10, 2007) Expansion is because of increase of sales in Europe and Asia Pacific.Read The Full Article
Premium Waters Inc. to Open Major Facility in Douglas, Georgia [ 1/10/2007 ]By: NEWS BRIEFS
DOUGLAS, Ga. (January 10, 2007) The plant will be the eighth production facility owned and operated by Premium Waters, and will begin shipping product in January 2008.Read The Full Article
Hyundai to Open New Australian Headquarters [ 1/9/2007 ]By: NEWS BRIEFS
SYDNEY, Australia (January 9, 2007) Move is a step toward the establishment of a fully-owned Aussie subsidiary.Read The Full Article
Lego Systems to Locate North American Distribution Center at Alliance, Texas [ 1/9/2007 ]By: NEWS BRIEFS
FORT WORTH, Texas (January 9, 2007) Logistics-provider Exel, Inc. will be operational at its new location in January 2007 and will employ 50 workers in the facility.Read The Full Article
Pennsylvania Manufacturer HMC Enterprises to Receive $1.7 Million Incentive Package [ 1/9/2007 ]By: NEWS BRIEFS
PHILADELPHIA, Pa. (January 9, 2007) The company, which currently leases an 81,000 square foot building, expects to move into its new facility within the year.Read The Full Article
Internet-Based Personal Publishing Company to Open Manufacturing Facility in Charlotte, North Carolina [ 1/9/2007 ]By: NEWS BRIEFS
CHARLOTTE, N.C. (January 9, 2007) Shutterfly will receive $250,000 One North Carolina Fund grant to support the project.Read The Full Article
62 Michigan Companies Gain Tax-Free Status in Tool & Die Recovery Zones [ 1/9/2007 ]By: NEWS BRIEFS
LANSING, Mich. (January 9, 2007) The zones allow companies to operate free of most state and local taxes for up to 15 years.Read The Full Article
PRESS RELEASE: Expansion Management Magazine Publishes its 16th Annual EDUCATION QUOTIENT Ranking of 2,800 School Districts [ 1/8/2007 ]Related Link...
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