Economic Development

Oil & Gas

Texas’ upstream sector sees highest single-month job growth in 10 years

Texas’ upstream oil and natural gas sector gained 4,500 jobs in March – the highest single-month growth in upstream jobs reported in over a

Defense

Raytheon kicks off $115 million expansion at Alabama missile factory

The 26,000 square-foot expansion project will also bring an estimated 185 new jobs to Huntsville site, growing the employee footprint of Raytheon

Arkansas

Americold Holds Ribbon Cutting for Facility Expansion in Russellville, Arkansas

Americold Realty Trust (Americold), a global leader in temperature-controlled logistics, real estate, and value-added services, held a ribbon cutting ceremony for the

Shipping and Logistics

Vote helps clear path to controversial grain terminal in St. John Parish

A controversial grain export terminal planned for a rural stretch of St. John the Baptist Parish has moved closer to reality with a vote

Louisiana

Caesars New Orleans plans to open new hotel on Canal Street this fall

Following delays, the Caesars New Orleans hotel under construction alongside the casino is scheduled to open this fall, joining a host of new developments

Steel and Metals

West Point, Miss. lands aluminum processing operation, 68 new jobs

WEST POINT – An aluminum processing company is investing more than $29 million that will create 68 jobs. Owl’s Head Alloys is

Infrastructure

Mississippi County, Ark. Awards $720K in Infrastructure Grants

Mississippi County on Wednesday announced the recipients of its 2024 infrastructure grant program, awarding $720,050 to support seven critical water and sewer infrastructure

Aerospace

Ky. Gov. Beshear Joins FEAM Aero for Grand Opening of $45 Million Expansion at CVG Airport Creating 250 Full-Time Jobs

Gov. Andy Beshear joined local officials from Boone County and leaders from F&E Aircraft Maintenance (FEAM Aero) to celebrate the grand opening

Expansions

Cryogenic Processors to open 115,000-s.f. Paducah, Ky. facility

Cryogenic Processors will open a cutting-edge 115,000-s.f. cryogenic freezing and freeze drying facility to serve industries including food manufacturing, functional bacteria and cosmetics

Biotech

Fujifilm Diosynth blueprints another $1.2B expansion at North Carolina plant where it aims to employ 1,400

As the contract manufacturing industry stands at a crossroads, certain CDMOs are prospering while other stalwarts are going the sell-off route or

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