Job Creation

Continental Selects Newport News, Virginia for $150M Expansion With 500 Jobs

Automotive supplier Continental announced a $150 million investment for a planned expansion of its manufacturing facility in Newport News, Virginia.

Continental

Continental (photo – continental-corporation.com)

The expansion includes the setup of infrastructure and equipment at the plant for producing turbochargers, along with increased production of the facility’s existing portfolio.

The project will create 500 new jobs, nearly doubling the company’s existing workforce at the Newport News plant.

The announcement was made at a press conference where Governor Terry McAuliffe and Newport News Mayor McKinley L. Price, DDS were joined by company executives including Continental North America President Jeff Klei and David Kilgore, Plant Manager, Newport News.

A statement issued by the company says that the investment in Virginia demonstrates Continental’s commitment to economic development in the region. They also commit to expanding the plant’s current portfolio with the support of state and local officials.

The City of Newport News worked together with the Virginia Economic Development Partnership and the Port of Virginia to secure this project.

This is the first time that Continental is bringing production of its turbochargers to the United States. Newport News and Virginia had competition for the project from alternative sites including a Continental facility in Mexico.

Gov. McAuliffe noted that outcompeting other states and countries for high-tech manufacturing projects is key to building a new Virginia economy.

“We are confident in the upside potential to follow this investment and the strategic nature of growing the capabilities of Continental’s manufacturing operation,” said Gov. McAuliffe.

The Governor approved a $2 million Governor’s Opportunity Fund grant to help Newport News with the project. Continental also received another performance-based grant worth up to $4 million from the Virginia Investment Partnership program. This second grant is designed to support expansions by existing companies in Virginia.

Continental will furthermore receive more incentives from the Virginia Port Authority under the Port of Virginia Economic and Infrastructure Development Zone Grant Program.

They will also be eligible for incentives under the Virginia Enterprise Zone Program, and will be able to claim sales and use tax exemptions on purchase of manufacturing equipment. The company is getting training grants and services to assist with their workforce needs via the Virginia Jobs Investment Program.

Plant Manager David Kilgore said that approximately 1,000 Continental employees from the area will soon working in the more than 360,000-square-foot facility, and added that their team is looking forward to expanding and developing their local workforce.

Continental is one of the world’s leading automotive suppliers and employs around 186,000 people in 49 countries.

Michigan Approves Economic Development Incentives for Toyota and Other Projects Creating 352 Jobs

Michigan has approved community revitalization and economic development incentives for projects creating 352 new jobs and generating a total of nearly $148 million in capital investment.

Jobs in the Comeback State

Jobs in the Comeback State (photo – michiganbusiness.org)

The biggest project that received approval for state and local incentives is a proposed expansion by Toyota Motor Engineering and Manufacturing North America, Inc. in York Township, MI.

Toyota plans to invest up to $32.5 million and create 250 jobs. These are direct procurement positions being relocated from an existing facility in Erlanger, KY. The company chose the Toyota Technical Center campus in Michigan over several other competing sites in multiple states.

The Michigan Economic Development Corporation announced that Toyota has been awarded a $4 million performance-based grant under the Michigan Business Development Program for this project.

York Township is additionally considering approval of local incentives in the form of a 12-year property tax abatement that could save the company up to $4.6 million.

The project was secured through a collaborative effort involving MEDC, York Township and Ann Arbor SPARK.

Osamu Nagata, president and chief executive officer of Toyota Motor Engineering and Manufacturing North America, Inc., said that they look forward to strengthening ties with Michigan even further and making continued investments that will help drive the success of Toyota, its supplier partners and the state for many years to come.

Apart from the Toyota project, incentives were also approved for four redevelopment projects being undertaken by the City of Detroit Brownfield Redevelopment Authority and one more by the Redford Charter Township Brownfield Redevelopment Authority.

One of the Detroit redevelopments is the Orleans Landing project, a mixed-use development that will include 20 new buildings with commercial and retail space and 278 multifamily housing units. This project is expected to generate $61 million in capital investment and create 39 new full-time jobs.

DBRA received approval to spend $6,495,862 in local tax revenues for this project, supported by $7.61 million in equity support under the Michigan Community Revitalization Program, along with reauthorization of $6,983,874 in tax credits under the Brownfield Michigan Business Tax Credit program.

Another property on McGraw Street in Detroit being redeveloped by the DBRA will be used as a warehouse and office building by automotive service provider Comprehensive Logistics Co. This previously announced project is creating 240 jobs and generating $19.1 million in capital investment, and is supported by an $800,000 performance-based grant.

The DBRA also received approval to use local taxes for the redevelopment of the historic El Moore apartments in Detroit, owned by sustainable development practitioner Green Garage, LLC, into 23 residential units surrounded by open green spaces, greenhouses, urban agriculture infrastructure, and a building housing a food market for locally produced goods. This project is expected to create two full-time jobs and generate $6.9 million in capital investment.

Approval for the use of local taxes for the Du Charme Place LLC redevelopment project in Detroit will provide new housing with 185 apartments. This project, which includes a fitness center, is expected to create six new full-time jobs and generate $38.5 million in capital investment.

In Redford Charter Township, the use of local taxes for the George Matick Auto Campus project with a renovated car dealership and addition of a car wash and fuel service center will likewise help create 55 new jobs and bring $9 million in capital investment.

Michael A. Finney, president and chief executive officer of the Michigan Economic Development Corp., said that these projects, all examples of public-private teamwork, will help strengthen communities and help growing companies generate new job opportunities.

Ohio TCA Approves Economic Development Incentives for Nine Companies Investing $1.1B

The Ohio Tax Credit Authority has approved economic development incentives for nine projects that will collectively spur more than $1.1 billion in investments across the state.

Ohio Job Creation

Ohio Job Creation (photo – ohio.gov)

These nine projects will be creating 586 jobs and retaining 1,201 existing jobs statewide, in the process adding more than $30.6 million in new payroll.

One of the companies approved to receive incentives is Vadata, Inc., a data center firm which is an Amazon subsidiary.

Ashburn, VA-based Vadata is looking at sites in Ohio and elsewhere for a new data center project. If they select an as-yet undisclosed site in Ohio for this new project, Vadata will be creating 120 new jobs with $9.6 million in additional payroll.

In order to assist recruitment of the Vadata project by Ohio economic development organizations, the TCA has approved a massive 75 percent, 15-year Job Creation Tax Credit (JCTC), along with a 100 percent data center sales tax exemption for 15 years.

Another project creating 120 jobs is automobile exhaust system manufacturer Faurecia Emissions Control Systems NA, LLC, which is undertaking an expansion project in the City of Franklin, OH. Faurecia is creating 120 new full-time jobs with an additional payroll of $4.5 million. The company is getting an eight-year, 55 percent JCTC for this project.

The largest of the nine projects in terms of job creation is an expansion by Dole Fresh Vegetables in the City of Springfield, OH. Dole, which markets and sells frozen and packaged fruits and vegetables worldwide, is creating 138 new full-time jobs with $3.2 million in new payroll. Dole is getting a 50 percent, nine-year JCTC for the expansion.

The remaining six projects across Ohio for which incentives have been approved by the TCA are as follows:

Eloquii Design, Inc., City of Columbus – Creating 40 new full-time jobs with $4.5 million in additional payroll; TCA approved a 50 percent, seven-year JCTC;

Fosbel, Inc., City of Brook Park – Creating 14 new full-time jobs with $934,816 in additional payroll; TCA approved a 35 percent, five-year JCTC;

GOJO Industries, Inc., City of Brecksville – Creating 37 new full-time jobs with $1.7 million in additional payroll; TCA approved a 40 percent, six-year JCTC;

Standard Technologies, LLC, City of Fremont – Creating 39 new full-time jobs with $1.8 million in additional payroll; TCA approved a 30 percent, five-year JCTC;

Stolle Machinery Company, LLC (location undisclosed) – Creating 42 new full-time jobs with $2.1 million in additional payroll; TCA approved a 45 percent, five-year JCTC;

BioRx, LLC (location undisclosed) – Creating 36 new full-time jobs with $2.4 million in additional payroll; TCA approved a 50 percent, six-year JCTC;

Ford Announces Kentucky Expansion With 300 New Jobs at Louisville Assembly Plant

Ford Motor Company unveiled the all-new Lincoln MKC and took the opportunity to announce an expansion of the Louisville Assembly Plant in Kentucky to support production of the small luxury SUV.

Ford unveils Lincoln MKC at Louisville Assembly Plant

Ford unveils Lincoln MKC at Louisville Assembly Plant (photo – louisvilleky.gov)

As part of this $129 million expansion, Ford announced that it will create 300 new jobs at the Louisville Assembly Plant.

The all-new 2015 Lincoln MKC, which went on sale in May 2014, is the second of four new Lincoln vehicles being unveiled. It also marks Lincoln’s entry into the small premium utility segment.

Production of the Lincoln MKC began in May at the Louisville Assembly Plant, which is the only Ford manufacturing plant producing this vehicle as of now.

Lincoln MKCs made at this plant will also be exported to overseas markets including China, where the Lincoln brand is set to debut later this year.

Plant Manager Daryl Sykes said the opportunity to build an all-new vehicle and the first small utility ever from Lincoln is very exciting for the hardworking men and women at the Louisville Assembly Plant.

The Louisville Assembly Plant is one of the new breed of flexible automotive manufacturing plants in the world, thanks to a $600 million investment in 2010 that transformed the plant’s final assembly area and body shop to allow for production of multiple vehicle models without requiring downtime for tooling changeovers.

This ability to build multiple vehicles at the same time allows Ford to adjust production quickly at Louisville to meet demand from changing economic conditions and shifts in customer preferences.

Jimmy Settles, UAW vice president, National Ford Department, said that UAW and Ford remain steadfast in their commitment to Louisville with the addition of the Lincoln MKC to the Louisville Assembly Plant’s production line.

Settles noted that the 300 new jobs add to the plant’s 4,600 UAW team members, which he said was a fantastic feat enabled through collective bargaining between UAW and Ford to support U.S. manufacturing.

Dearborn, MI-based Ford Motor Company (NYSE:F) has around 186,000 employees and 65 plants across the world, including the Louisville Assembly Plant and the Kentucky Truck Plant, both in Louisville, KY.

The addition of the 300 new jobs in Louisville also pushes Ford forward towards a stated goal of creating 12,000 hourly jobs in the U.S. by 2015. The new $129 million investment will also make its way to 110 suppliers across the nation, including 17 in Kentucky.

Missouri Economic Development Incentives for Automobile Supplier Expanding in Mexico, MO

St. Louis, MO-based automotive supplier Spartan Light Metal Products broke ground on an expansion of their operations in Audrain County, MO.

Spartan Light Metal Products facility in Mexico, MO

Spartan Light Metal Products facility in Mexico, MO (photo – spartanlmp.com)

The expansion project of their facility in Mexico, MO is supported by a package of Missouri economic development incentives tied to the company’s plans to create 88 new jobs and invest $17 million.

The facility in Mexico, MO already has a workforce of 300 employees. The new investment will be used for retooling and purchasing new equipment.

The company also plans to add another 68,000 square feet of space to the facility, out of which 58,000 square feet will be dedicated to manufacturing new engine components for Toyota vehicles.

Missouri Department of Economic Development Director Mike Downing said he’s proud to see more and more auto companies investing in the Show-Me State and benefiting from the competitive environment and highly skilled workforce that helps them succeed and grow.

Ted Waltemate, Spartan’s VP of Operations in Mexico, said they are excited to be expanding the facility in the City of Mexico, which he said would allow them to increase capacity and support the growing needs of their customers.

Spartan Light Metal Products is a family owned business founded in 1961. The company is now an industry leader in light metal engineering including aluminum and magnesium custom die casting. They provide auto parts to major automotive manufacturers including Toyota, Honda, GM, Ford and Volkswagen.

Spartan and other automotive suppliers in Missouri such as Toyota Bodine, Yanfeng USA Automotive Trim Systems and Grupo Antolin North America are following the lead of the vehicle manufacturers with expansions and job creation. Ford and GM have invested $1.5 billion and created thousands of jobs at facilities in Claycomo and Wentzville.

This latest $17 million investment is Spartan’s second major expansion of the Mexico facility in the last two years. Back in March 2012, the company announced plans for a $12.5 million expansion to add two new production lines and create 42 new jobs.

For the 2012 expansion, the Missouri Department of Economic Development provided the company $303,381 in Enhanced Enterprise Zone tax credits tied to their jobs creation and investment plans.

Apart from this facility in Mexico, Spartan also has additional manufacturing plants in Hannibal, MO and Sparta, IL. They also have technical offices spread across Detroit, Tokyo and Landstuhl in Germany.

Iowa Approves Economic Development Incentives for Projects Creating 184 Jobs

Six expansion and job creation projects in Iowa are getting economic development incentives in the form of tax credits and direct financial assistance.

Jobs for Iowa

Jobs for Iowa (photo – iowa.gov)

The incentives, approved by the Iowa Economic Development Authority Board, will bring $30 million in new capital investment to the state and help create 184 new jobs.

One of the companies awarded incentives by the IEDA is agricultural and construction equipment manufacturer CNH Industrial.

CNH plans to invest $5.5 million and create 50 jobs as part of a proposed expansion of their manufacturing facility in Burlington, IA.

The project will relocate CNH’s crawler-dozer production line, which is currently based at an out-of-state location, to the Burlington facility.

The IEDA Board approved tax incentives for the CNH project under the High Quality Jobs Program (HQJP).

Grace Engineered Products, an electrical safety product company in Davenport, IA, is expanding its facility to bring currently outsourced production in-house. This $2.7 million expansion is creating 11 new jobs. The IEDA Board has approved HQJP tax credits and $30,000 in direct financial assistance for this project.

Another project getting HQJP tax credits is Lone Mountain Truck Leasing’s proposed relocation of their corporate headquarters to Carter Lake, IA. The company, which provides financing and maintenance services to semi-truck buyers and owners, is investing $1.3 million to relocate from Nebraska to Carter Lake, where they are creating 39 jobs.

Waukee, IA-based Express Logistics is also relocating, but to a new location in Waukee itself. The $1.1 million relocation and expansion project which is creating 19 new jobs is being aided by $130,000 in direct financial assistance from the IEDA, in addition to HQJP tax incentives.

Marion, IA-based Legacy Manufacturing Co. is getting HQJP tax credits for constructing a new building to add manufacturing capability to produce a new line of outdoor power cords. The company is investing $8.7 million and creating 34 new jobs.

Transco Railway Products is getting $155,000 in direct financial assistance and HQJP tax incentives for an ongoing multi-phase expansion of their railcar repair and refurbishment facility in Oelwein, IA. The company is investing $10.8 million and creating 31 new jobs for this phase of the project.

Governor Terry Branstad said this action by the IEDA Board is a great example of how Iowa economic development programs are working for existing businesses all around the state.

Apart from incentives for these six projects, the IEDA Board also approved startup assistance in the form of a $100,000 loan for Horse Sense Shoes under the Iowa Innovation Acceleration Fund. Horse Sense Shoes is an innovative startup that is developing applications and technology to collect data on horses and keep handlers informed about the horse’s health and performance indicators.

Toyota Motor Manufacturing Indiana Expansion to Create 300 Jobs

Toyota Indiana is undertaking a $100 million expansion of their Princeton, IN plant to increase production of the Highlander. Toyota Motor Manufacturing, Indiana, Inc. is currently the sole producer of this popular midsize SUV in North America.

Toyota expansion announcement in Princeton, IN

Toyota expansion announcement in Princeton, IN (photo – toyota.com)

The expansion will enable TMMI to add 70,000 square feet to their East Plant in Princeton and equip it for production of up to 30,000 midsize SUVs.

Currently, the Highlander is built only in the West Plant in Princeton along with the Sequoia full-size SUV, while the East Plant produces the Sienna minivan.

Toyota Indiana President Norm Bafunno said the Highlander will be a bridge vehicle between the East and West plants. All three of the vehicles produced at the plant are also exported to different overseas markets, making the Toyota Indiana plant a global supply base for minivans and SUVs.

This latest $100 million investment brings Toyota Indiana’s total investment to $4 billion since Toyota broke ground on the facility in May 1996. As part of the expansion, Toyota will be adding 300 new jobs at the facility by 2016. Toyota Indiana already employs 4,700 associates.

The Indiana Economic Development Corporation is supporting Toyota Motor Manufacturing, Indiana, Inc.’s expansion plans with training grants worth up to $350,000 tied to the company’s job creation plans.

The Gibson County Economic Development Corporation has additionally requested Gibson County to provide local incentives for the project.

Princeton Mayor Robert Hurst said they are thankful for the investment Toyota has made in Princeton, and added that they support TMMI and their suppliers, who he said are invaluable to the region.

The decision by Toyota to expand in Princeton was also aided by Governor Mike Pence’s visit to Japan last year as part of his inaugural overseas economic development trip. During his visit, Gov. Pence met with Toyota Motor Corporation President and CEO Akio Toyoda and other leaders of the company.

Toyota (NYSE:TM) has built more than 25 million cars and trucks in North America over the past 50 years. They have 14 manufacturing plants that directly employ 40,000 people in North America. Ten of these plants in the United States collectively employ 32,000 people.

They have 1,800 dealerships in North America that sold 2.5 million vehicles last year. Out of this, 2.2 million vehicles were sold in the United States by 1,500 dealerships.

Palm Beach County Business Development Board Snags Vicinitas Cancer Care Project

Vicinitas Cancer Care, a network of physicians and oncology care providers affiliated with the Cancer Treatment Centers of America hospitals network, has decided to locate their headquarters in Boca Raton, FL.

Palm Beach County BDB's Kelly Smallridge announces Vicinitas Cancer Care project

Palm Beach County BDB’s Kelly Smallridge announces Vicinitas Cancer Care project (photo – bdb.org)

Vicinitas will be investing $4 million for renovating and equipping the 45,000 square feet of office space they are taking up, and they expect to create 200 new full-time jobs with an average annual salary of $115,000 over the next five years.

Vicinitas is introducing an innovative approach to community cancer care with an integrative model where each patient gets a dedicated care manager for handling everything from appointments to communications between providers, in addition to helping the patient gain a better understanding of treatment options.

The project was secured by a partnership effort involving the Business Development Board of Palm Beach County (BDB), Enterprise Florida, the Florida Department of Economic Opportunity, and the City of Boca Raton.

The BDB helped Vicinitas with their site selection and coordinated an incentive package. This includes $1.45 million through the Qualified Target Industry Tax Refund (QTI) and Quick Action Closing Fund (QACF) programs. The State of Florida is providing $1.1 million of this, with the rest as a local match of $350,000 in Boca Raton economic development incentives.

The State is additionally providing Vicinitas up to $360,000 in performance-based reimbursement grants for employee training under the Quick Response Training (QRT) program. The BDB and CareerSource Florida are helping Vicinitas with their workforce and training requirements.

Kelly Smallridge, the BDB’s President and CEO, said that the addition of Vicinitas reinforces the value of Palm Beach County and the City of Boca Raton as a location of choice for the healthcare industry and for corporate headquarters facilities.

Gray Swoope, president and CEO of Enterprise Florida, said that the establishment of Vicinitas Cancer Care’s headquarters in Boca Raton is a great addition to Florida’s growing life sciences sector.

Boca Raton Mayor Susan Haynie likewise noted that the community has a rich history of attracting corporate headquarters, IT and life sciences companies, and Vicinitas Cancer Care brings these industries together in an exciting way.

Vicinitas Cancer Care President and CEO Angela Marchi said they appreciate the spirit of cooperation and the warm welcome from the community, and are looking forward to serving patients across the country from their new home in Boca Raton.

Delta County, Colorado Projects Awarded Rural Economic Development Grants

Four businesses in Delta County, Colorado have been awarded grants under the Rural Economic Development Initiative (REDI) program to facilitate their expansions.

Delta County, CO

Delta County, CO (photo – deltacountyed.org)

REDI grants are meant to assist rural communities in developing plans and undertaking projects that attract businesses and capital investment, create jobs and increase wages to help make the local economy more diverse and resilient.

Delta County Economic Development, Inc. worked with the Colorado Office of Economic Development and International Trade and the four businesses to secure the REDI grants.

One of these four companies awarded a $25,000 REDI grant is the Diversified Innovative Products (DIP) Company. The grant helped the specialty printing products supplier complete a $250,000 expansion while ensuring that DIP stays put in Delta County. In fact, the company consolidated its out-of-state operations to its expanded Delta County facility and added three new jobs.

TK Holdings likewise got a $50,000 REDI grant for renovating and remodeling a vacant facility and consolidating their headquarters office and shop in the new location. The expansion will enable TK Holdings to add three to five new jobs at their headquarters along with many more field jobs over the next two years.

Amarna Company, which produces a water-based food release product called Amarnakote, is getting $137,000 as a REDI grant to support an $800,000 expansion of their manufacturing plant and headquarters that includes the creation of two to three new jobs.

A fourth REDI grant of $30,000 was awarded to Big B’s Organic Juices and Hard Cider in Hotchkiss, CO. The company will use the grant to reconfigure their organic juicing line and increase production with the help of two to three new jobs they are creating.

Governor John Hickenlooper said that all of Colorado benefits when the rural economy grows, and the REDI program was designed specifically to support this type of growth. The Governor added that they are thrilled that communities and businesses in Delta County are able to utilize this program and continue growing.

Delta County Economic Development, Inc. Director Trish Thibodo said they are thrilled to have worked with the four businesses and OEDIT to bring in the REDI grant monies for supporting facility and job growth.

OEDIT and Colorado Department of Local Affairs officials toured all the businesses awarded REDI grants in Delta County, and attended the ribbon-cutting ceremony for the newly expanded DIP Company facility.

Baxter International Planning $300M Gambro Expansion in Opelika, Alabama

Baxter International Inc. (NYSE:BAX) announced plans for a $300 million expansion of its Gambro Renal Products manufacturing facility in Opelika, Alabama.

Baxter International's Gambro plant expansion announcement in Opelika, Alabama

Baxter International’s Gambro plant expansion announcement in Opelika, Alabama (photo – alabama.gov)

The company will be creating 200 new jobs as part of the expansion. They already have 170 employees at the facility.

The expansion project will add 230,000 square feet of space to the facility, to be used for the addition of several new production lines to fulfill growing global demand for dialyzers used in hemodialysis therapy.

There are now around two million patients worldwide with end-stage renal disease (ESRD) who need hemodialysis therapy, and its incidence rate and the need for dialysis is growing by six to seven percent annually across the world.

Baxter International completed the acquisition of the Lund, Sweden-based Gambro AB in Sept 2013. Gambro has nearly 8,000 employees with 13 production facilities in nine countries.

Robert L. Parkinson, Jr., chairman and chief executive officer of Baxter, said that the expansion, in addition to supporting a greater number of patients with access to the therapy, is also an investment in the communities in which their employees live and work.

Parkinson noted that collaboration between Governor Robert Bentley, Opelika Mayor Gary Fuller and other local officials was a key component of their expansion plan.

The Opelika City Council has approved tax abatements and a waiver of fees for the project. The agreement for the project was signed by Governor Bentley, Mayor Fuller and Jill Schaaf, president of Baxter.

No information was disclosed about State of Alabama economic development incentives provided to Gambro to secure the project.

When Gambro decided to open a new dialyzer manufacturing facility in the U.S., they decided to locate it in the Fox Run Business Park in Opelika with an initial investment plan of $120 million in 2006 for a 100,000 square-foot facility and the creation of 150 new jobs. The facility has already grown well beyond this initial commitment.

At that time, Gambro said they chose Opelika for the new plant because of the location’s proximity to their customers, the skilled workforce in Opelika and Lee County, and a pool of university-trained experts from nearby educational institutions such as Auburn University.

Gambro will begin hiring for the 200 new jobs in 2016 when the first of the new production lines are expected to be operational.

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