Economic Development

Automotive

Toyota Announces $282 Million Expansion Project in Alabama

Toyota yesterday announced a $282 million investment to expand plant production capabilities in Huntsville, Alabama. The project will create new drivetrain product

Automotive

Alabama’s auto industry’s rapid growth fueled by billions in new investment

For Alabama’s economic future, the pivotal moment came on Sept. 30, 1993, when executives of Mercedes-Benz arrived in Tuscaloosa with an announcement

Food & Beverage

Clearly Clean, recyclable food-packaging company, confirmed as coming to Greensboro, N.C., with 80 jobs

The Pennsylvania-based maker of recyclable-plastic food trays for the meat and produce industries known as Clearly Clean is coming to Greensboro with

Steel and Metals

BENTELER Announces $21 Million Expansion in Northwest Louisiana, to Create 49 Direct New Jobs

SHREVEPORT, La. – BENTELER Steel/Tube Manufacturing Corporation, a leading global specialist in metal processing, announced it is expanding its presence at the

Food & Beverage

100 new jobs coming to St. Tammany, La. as $46M cold storage facility construction starts

Construction has begun on a massive, $46 million cold storage facility in Pearl River that promises 100 new jobs. Elected leaders and

Florida

Jeff Bezos closes on ‘Billionaire Bunker’ mansion for $87 million

A trust controlled by billionaire Jeff Bezos, the founder of Amazon.com, paid $87 million for a waterfront mansion in Indian Creek Village.

North Carolina

The 3,000 jobs North Carolina lost out on in 2023

North Carolina missed out on at least $4 billion in capital investment in 2023, money that could have brought more than 3,000

Georgia

Utility Plastics To Invest $20 Million In New Valdosta Facility, Creating Over 60 Jobs

Valdosta, GA—May 30, 2024—The Valdosta-LowndesCounty Development Authority (VLCDA) announced that Utility Plastics, LLC, will invest approximately $20 million to open a facility

Expansions

Amrep to create 170 jobs as it expands East Coast manufacturing facility in Salisbury

A manufacturer of waste collection trucks and equipment will more than triple the footprint of its local operations in Rowan County. Amrep,

Mergers & Acquistions

Nucor to buy Wisconsin commercial door manufacturer Rytec for $565M in push past steelmaking

Nucor Corp. (NYSE: NUE) will make another acquisition in its push to expand beyond steelmaking. The Charlotte steelmaker has agreed to acquire

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