As Wolfspeed facility rises, ‘new era’ beckons in Chatham County, N.C.

With the crank of a towering crane, the ceremonial topping of a long-planned $5 billion semiconductor facility was complete, but there’s a way to go before it matches the ambitions of Wolfspeed, a next-generation semiconductor company aggressively trying to meet the demand of the electric vehicle industry.

The last beam was placed in front of a tent alongside the under-construction facility, attracted executives and dignitaries, from Wolfspeed CEO Gregg Lowe to U.S. Sen. Thom Tillis.

“We are ushering in a new era for Wolfspeed,” Lowe told the crowd Tuesday, adding that it’s being named after one of the company’s founders, the “visionary” John Palmour.

The facility is massive, planned to be the only purpose-built, automated plant for 200-millimeter silicon carbide wafers in existence, “further positioning America as the world’s greatest country for semiconductor automation,” Lowe said.

Triad Business Journal

United Way’s Brynn Grant named as CEO of Liberty County, Ga. Development Authority

The Liberty County Development Authority announced Friday that Brynn Grant will take the lead as the public-private partnership’s CEO, beginning April 1. Grant succeeds Ronald E. Tolley, who is retiring after 42 years.

“Brynn Grant brings everything we need in a CEO,” said Rep. Al Williams (GA-168), chairman of the LCDA’s board of directors, in making the announcement at the organization’s offices on Oglethorpe Highway in Hinesville, about 45 minutes southwest of Savannah.

The announcement marked a full-circle moment for Grant. “Liberty County is my origin story. It is the foundation for all that I am. And there is an undeniable sense of belonging that comes with being back where I grew up… I got my driver’s license right here on this spot.”

For nearly 30 years, Grant has lived and worked in Savannah, where she often drove or co-piloted the community’s economic ascendancy. During her 20 years at the Savannah Economic Development Authority, she rose to the C-Suite as Chief Operating Officer and vice president of World Trade Center Savannah, which she helped shepherd into being. 

Savannah Morning News

Landmark Ceramics Cuts Ribbon on $70M Plant Expansion

Mt. Pleasant, TN, March 25, 2024-Landmark Ceramics cut the ribbon on a $70 million plant expansion March 22. In addition to a new kiln that increases the plant’s annual production capacity to 80 million square feet, the investment is creating a North American logistics hub for the Gruppo Concorde-owned company.

Beyond the increased capacity, Landmark CEO Filippo Sgarbi believes the enhanced flexibility and service the upgrades offer will be key to future growth.

Floor Daily

Bridgetown Natural Foods LLC invests $78 million in Wilson County facility

A West Coast company is expanding its operations with a $78.3 million investment in Middle Tennessee.

Portland, Oregon-based Bridgetown Natural Foods LLC is opening a manufacturing and distribution center in Lebanon, according to a news release from the state Department of Economic and Community Development.

The facility will create 219 new jobs in the region, bringing the company’s total headcount to 600. It was not immediately clear on Wednesday if the company was receiving state incentives for the job growth.

Nashville Business Journal

Electric vehicle battery plant to spend $1.5B more, add jobs to South Carolina facility

The company that is building electric vehicle batteries for BMW is pouring an additional $1.5 billion into it planned Florence County operations.

AESC announced Tuesday that it will expand its planned Florence County operations and bring an additional 1,080 jobs to the facility.

AESC previously announced plans to build a $1.62 billion facility in Florence County, that would produce 1,620 jobs.

“We greatly value our partnership with South Carolina and Florence County as we strengthen our work together through this latest expansion that enhances our commitment to create high value jobs in the region and invest in the state,” said AESC CEO Shoichi Matsumoto. “South Carolina is a crucial part of our strategy to power next generation electric vehicles for customers across the U.S. by manufacturing high-performance, longer-range EV batteries locally.”

The expansion announced Tuesday will provide electric vehicle battery components for BMW’s assembly operations in Mexico.

The State

Port of Va. is already handling cargo diverted from Baltimore

On Tuesday afternoon, workers at the Port of Virginia’s Virginia International Gateway facility in Portsmouth unloaded cargo that had been scheduled for the Baltimore Harbor before a container ship struck and destroyed the Francis Scott Key Bridge in a fatal accident that has left the shipping channel closed for at least several weeks to come.

“The ship was already in Virginia for a normally scheduled port of call and was headed to [Baltimore] afterward,” Port of Virginia spokesperson Joe Harris said in a statement to Virginia Business. “The accident happened, [and] the [Baltimore] cargo was offloaded here.”

The port expects these diverted volumes of cargo to increase. “​​It is, however, too early to discuss specific impacts to our operation,” Harris said.

Virginia Business

Owl’s Head Alloys locating aluminum processing operations in West Point, Miss.

Aluminum processing company Owl’s Head Alloys is locating operations in Clay County. The project is a $29.245 million investment and will create 68 new jobs.

Headquartered in Bowling Green, Kentucky, Owl’s Head Alloys is a secondary aluminum processor that melts down and recycles aluminum products and by-products to be reused in manufacturing processes. The company will supply recycled aluminum to Aluminum Dynamics.

The Mississippi Development Authority is providing assistance for building improvements. The City of West Point and Clay County are providing local tax abatement assistance.

Construction is slated to begin by May, with completion expected within 18 months. Owl’s Head Alloys plans to fill the 68 jobs over the next three years.

Mississippi Development Authority

Ferroglobe establishing first South Carolina operations in Marlboro County

COLUMBIA, S.C. – Ferroglobe, a global producer of silicon metal, today announced it is establishing its first South Carolina operations in Marlboro County. The company’s $20 million investment will create 19 new jobs.

With 25 operations globally, Ferroglobe produces silicon metal and other silicon-based alloys for critical products such as aluminum, solar cells, semiconductors and batteries.

At the new operation on Brickyard Road in Wallace, the company will filter and process quartz from the soil. The quartz will then be distributed to Ferroglobe’s silicon plants across the country and used as an input for silicon metal production.

SC Commerce

Elopak Breaks Ground on State-of-the-Art Facility in Little Rock, Arkansas

Elopak has broken ground on its first U.S. production site and is now actively recruiting talented individuals. The plant will produce Pure-Pak® cartons (Gable Top packaging) for milk, juices, plant-based products and liquid eggs. The production equipment will be installed in the fourth quarter of 2024, and the facility will be fully operational in the first quarter of 2025.

Elopak made the project announcement on December 5, 2023 and was joined with Arkansas Governor Sarah Huckabee Sanders, Little Rock Mayor Frank Scott, Jr., and other state and local officials.

The new production facility will be located at the Port of Little Rock in Little Rock, Arkansas.  It represents a landmark investment for the region of about $70 million USD including the land, building and equipment.  The project will create more than 100 permanent jobs in the region for engineers, lithography printers, operators, maintenance technicians, logistics specialists and other support groups. 

Arkansas EDC

Port Everglades, PortMiami reviewing cybersecurity for their Chinese-made gantry cranes

Leaders of South Florida’s Port Everglades and PortMiami have met with U.S. Coast Guard officials to review cybersecurity programs aimed at reducing the possibility that giant Chinese-made cranes operating at the region’s ports and others in the U.S. pose a national security threat.

In late February, the Biden administration announced it planned to invest billions in the U.S. manufacture of ship-to-shore cranes that transfer millions of tons of cargo annually at major American seaports. The action was accompanied by other moves that include the establishment of fundamental cybersecurity standards at seaports, as well as enhanced digital security measures for foreign-built cranes to be enforced by the U.S. Coast Guard.

For years, lawmakers, foreign policy analysts and critics of growing Chinese influence over international trade and infrastructure projects worldwide have argued that equipment manufactured in the People’s Republic of China looms as a potential “Trojan Horse” for an adversary determined to gather sensitive U.S. commercial and military information for use to its own strategic advantage.

In response to growing national media reports about its alleged intent to use the cranes for spying, the Chinese government has denied the assertions, saying they are based on “paranoia.”

South Florida Sun Sentinel