Job Creation

Pilgrim’s Corp Announces $25M Expansion in Alabama

Pilgrim’s Pride Corporation (NASDAQ:PPC) announced plans to build a new feed mill and renovate an existing poultry processing facility in Dale County, Alabama.

Pilgrim's Pride

Pilgrim’s Pride (photo – John Bonzo/wikipedia)

The company will spend $15,312,705 for the feed mill project to be established next to one of their grain receiving facilities in Pinckard, AL.

This new feed mill will will create more than 25 new jobs.and¬†replace an existing one at the company’s poultry processing plant in Enterprise, AL.

The remaining $10 million will be spent on renovating the Enterprise facility which processes more than a million birds a week in two shifts filled by a total of more than 700 employees.

This facility supplies products to many of the leading restaurant chains and food-service companies in the U.S.

Jayson Penn, executive vice president, sales and operations, Pilgrim’s Pride Corporation, said they were excited to announce their continued commitment to Dale County, the Pinckard and Enterprise communities, local farmers, customers, and employees of Pilgrim‚Äôs who work hard every day to make the business a success.

The announcement was made by Pilgrim’s after the Dale County Commission met to approve incentives for the company.

Dale County Commission Chairman Mark Blankenship said they had worked with the Ozark-Dale County Economic Development Corporation on mitigating road maintenance costs due to an increase in production by Pilgrim’s, and to provide tax abatement incentives to offset the costs of purchasing construction material and equipment for the new feed mill.

Penn acknowledged this support by noting that the local government in Dale County had proven to be a valuable partner in the company’s efforts to modernize their facilities in the county. He said the assistance provided by the Ozark-Dale County EDC and the Dale County Commission demonstrates their commitment towards the local workforce and the community.

Pilgrim’s is scheduled to begin construction of the feed mill within the next 30 days, and plans to undertake the Enterprise facility‚Äôs renovation over the next six months.

Greeley, Colorado-based Pilgrim’s Corporation is now a subsidiary of Brazilian multinational food processing company JBS S.A. Pilgrim‚Äôs is the largest chicken producer in the United States, and ¬†employs around 37,500 people spread across prepared-foods and chicken processing plants in 12 states, Puerto Rico and Mexico.

UBS Brings 1000 New Jobs to Nashville, TN Shared Services Center

Swiss financial services and banking giant UBS announced plans to establish a shared services center in Nashville, Tennessee to provide expanded business services to their investment banking and wealth management divisions.

UBS

Photo – UBS

The project calls for the company to make a $36.5 million investment, and will create 1,000 new jobs over the next five years.

Currently, operational support to these UBS divisions is being provided through 200 employees and a wealth management office.

UBS Group Americas and Wealth Management Americas COO Kathleen Lynch explained that the Nashville expansion was the right business decision for the company.

Lynch said the new UBS Nashville Business Solutions Center was part of a global strategy by UBS aimed at improving effectiveness and efficiency that would benefit the company’s clients and shareholders.

Nashville Mayor Karl Dean said that UBS choosing Nashville for adding 1,000 new jobs speaks to the high quality of life and the skilled workforce in the area. Mayor Dean said he was proud that Nashville was increasingly getting recognition as a premier location for centralization by global companies.

TVA Senior Vice President of Economic Development John Bradley said they were privileged to be partnering with the State of Tennessee, Nashville Area Chamber of Commerce, Nashville Downtown Partnership, and the Metro Government of Nashville and Davidson County to support job creation and new investments by a global company such as UBS.

Ralph Schulz, president and CEO of the Nashville Commerce, said they were excited that UBS had decided to expand in the Nashville area, and added that their team was looking forward to offering continued support for the workforce needs of UBS as it grows.

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined UBS officials for the announcement.

Hagerty said Tennessee provides global companies such as UBS with a skilled workforce, ideal location and an attractive business climate, which in turn allows companies to offer high-wage job opportunities for Tennesseans.

Gov. Haslam said it was exciting that UBS, which is among the world’s largest banking and financial services companies, was making a significant investment in Tennessee. He said companies can choose to do business anywhere, and it says a lot for Nashville and Tennessee that UBS wants to be here.

UBS AG is headquartered in Zurich and Basel, Switzerland and has more than 62,600 employees all over the world.

Ohio Approves Tax Credits for Nine Projects Creating 591 Jobs

The Ohio Tax Credit Authority (TCA) has approved assistance for nine projects that will create 591 new jobs in the state and help retain another 943 jobs.

Ohio Development Services Agency

Photo – development.ohio.gov

The projects approved for job creation tax credits were among a set of proposals sent by JobsOhio and its regional partners to the TCA Board for review.

By far the largest project of the lot is the TTI Floor Care North America expansion in the Village of Glenwillow in Cuyahoga County. The TTI Group combined its existing Royal Appliance and Dirt Devil operations with Hoover to create what is now North America’s largest floor care business.

The TTI expansion will create 212 new full-time jobs, which will add another $12.4 million in payroll and help retain the company’s existing $20 million payroll. To support this expansion, the TCA approved the Royal Appliance Manufacturing Company for a 60 percent Job Creation Tax Credit (JCTC) for seven years.

Another big project is tech company Contingent Network Services LLC’s expansion in West Chester Township, Butler County. The company specializes in managing secure wide area networks, logistics, integration and maintenance at the enterprise level. Contingent is planning to expand its headquarters.

As a result of the expansion, Contingent will add another 75 jobs. Creation of the new jobs will add $3.4 million in additional payroll and help retain the existing $7.8 million payroll. The company has been approved for a six-year 45 percent JCTC.

Another project approved for assistance is the planned relocation of Pioneer Cladding and Glazing Systems, LLC. The company, which is involved in development of buildings from the pre-construction stage to installation, is currently located in Loveland and is relocating into a larger space in the City of Mason, Warren County.

This Pioneer Cladding relocation and expansion project will create 50 new full-time jobs, adding $3.3 million in additional payroll to the company’s existing $3.7 million annual payroll. TCA has approved a 45 percent JCTC for seven years for this project.

Other projects approved for assistance by the TCA Board include:-

– Myers Industries, Inc., Village of Middlefield (65 jobs and $2 million in new payroll), approved for a 40 percent, seven-year JCTC.

– Benjamin Steel Company, Inc., Cincinnati (40 jobs and $1.5 million in new payroll), approved for a 40 percent, six-year JCTC.

– Healthcare Regional Marketing LLC, Union Township (30 jobs and $1.3 million in new payroll), approved for a 40 percent, five-year JCTC.

– Casad Company, Inc., Union Township (59 jobs and $1.4 million in new payroll), approved for a 40 percent, six-year JCTC.

– Independent Can Company, City of Vandalia (30 jobs and $1.4 million in new payroll), approved for a 40 percent, six-year JCTC.

– Intelligent Decisions, Inc., City of Dayton (30 jobs and $2.4 million in new payroll), approved for a 45 percent, five-year JCTC.

The percentages mentioned above indicate the percentage of state income tax withholdings of new positions that the company gets to keep in the form of refundable tax credits approved by the Ohio Tax Credit Authority.

Cedar Fair Plans $50M Carowinds Expansion in Charlotte, NC

Sandusky, Ohio-based Cedar Fair Entertainment Company (NYSE: FUN) announced plans for a major expansion of its Carowinds amusement park in Charlotte, North Carolina.

Cedar Fair Entertainment Company

Cedar Fair Entertainment Company (photo – Cedar Fair/charlottechamber.com)

The project calls for the company to invest more than $50 million over the next three years.

The expansion will create 15 new full-time jobs and another 270 seasonal jobs.

These jobs and a new regional office that was recently opened in Charlotte by Cedar Fair are meant to handle the expected influx of new tourists because of the expanded park with new attractions and rides.

Cedar Fair COO Richard Zimmerman said that the Charlotte market’s continued growth presents a unique opportunity for Carowinds, which they believe is ready for record-breaking attractions.

Zimmerman said that over the three years, they will make major investments in the water park as well as amusement park areas. Apart from new attractions and rides, the company plans to make general infrastructure improvements and new or upgraded food areas. He said the capacity of Carowinds would be expanded in all areas to appropriately serve the market.

As per long-standing policy at all its parks, Cedar Fair will hire local companies to help with the design and construction required for the expansion project.

Bob Morgan, president of the Charlotte Chamber, said they were pleased Cedar Fair had chosen Charlotte for this expansion. He said the new attractions would help solidify the position of Carowinds as the top regional amusement park in the southeastern United States. Morgan added that the expansion would enhance the customer experience and strengthen the Charlotte economy’s tourism sector.

The Charlotte Chamber worked to secure this project in partnership with local support from the City of Charlotte and Mecklenburg County. State support for the project was provided by the North Carolina Department of Commerce and Department of Transportation.

Cedar Fair Entertainment Company is one of the world’s largest regional amusement park and resort operators. They own and operate a total of 11 amusement parks, five hotels, three water parks and an indoor water park. The company has more than 1,700 full-time employees and 41,000 seasonal staff, and generated more than $1 billion in revenue last year.

Dot Foods to Establish Distribution Center in Dyersburg, TN

Mt. Sterling, Illinois-based Dot Foods announced that the company will establish its ninth distribution center in Dyersburg, Tennessee.

Dot Foods

Dot Foods (photo – dotfoods.com)

The $24 million distribution center in the Dyersburg Industrial Park will be their first one in Tennessee.

The project will create 157 new jobs in Dyer County within the first three years of operation, with employees hired by Dot Foods and its shipping subsidiary Dot Transportation, Inc. (DTI).

The new facility will provide the company with 166,494 square feet of space, including a 125,000-square-foot warehouse and a 9,500-square-foot garage, in addition to storage space for frozen foods and refrigerated items.

Apart from covering middle and western Tennessee, the distribution center will serve Dot Foods’ distributors in Alabama, Arkansas, Mississippi and western Kentucky.

While the distribution center is being built, the company will begin operations in temporary offices later this year. The new facility is expected to be operational by Sept 2014.

John Tracy, CEO of Dot Foods, said they conduct extensive logistics analyses about when and where to open a distribution center, and Dyersburg was chosen because of the site’s proximity to customers and other Dot locations. Tracy also mentioned community support and a cultural match for the company in Dyersburg.

Dyersburg Mayor John Holden said he was very excited about Dot Foods’ plans, and said they, as a community, were fortunate that the company has chosen to locate their next distribution center in Dyersburg.

Tennessee Economic and Community Development Commissioner Bill Hagerty said the state’s exceptional infrastructure and ideal location provided distribution companies unsurpassed efficiency and proximity to customers all over the world.

John Bradley, senior vice president of Economic Development for the Tennessee Valley Authority, said that TVA and Dyersburg Electric System were pleased to be partnering with the State, Dyersburg/Dyer County Chamber other local officials to support new and existing companies add jobs and make new investments in their service area.

Larry White, chairman of the Dyersburg/Dyer County Chamber, said they had been working hard for more than two years to secure this project. White said he was proud of their economic development team, including their professional staff and volunteers, who had helped in the effort to bring new investment and jobs to the community.

Dot Foods Inc. is the largest food redistributor in the United States, and carries 105,000 products from 650 food industry manufacturers.

Ardagh Metal Packaging to Set Up Manufacturing Plant in Reno, NV

The Economic Development Authority of Western Nevada (EDAWN) announced that Ardagh Metal Packaging USA Inc. will establish a new manufacturing plant in the Tahoe Reno Industrial Center (TRIC) in Storey County, NV.

NV Governor Brian Sandoval, Storey County Commissioner Marshall McBride and Ardagh CEO

Governor Brian Sandoval, Storey County Commissioner Marshall McBride and Ardagh CEO (photo – storeycounty.org)

The project will create 140 jobs in northern Nevada over the next five years, of which 72 are slated to be created within the first six months.

The new positions created will be for skilled technical workers, and will have average annual wages of more than $24 per hour.

Earlier this month, Ardagh announced the choice of Roanoke County, Virginia as the location for a new metal can manufacturing plant on the east coast. That project is slated to create 96 new jobs.

James Willich, CEO of Ardagh’s metal packaging business in the U.S., said they evaluated many sites for the western region expansion. He said Storey County offered attractive factors such as proximity to one of their major customers, infrastructure and logistical advantages, a low cost of living, availability of skilled labor, and a favorable business tax structure.

A statement from EDAWN noted that the company had considered 37 buildings in two states before settling on the Tahoe Reno Industrial Center. They said one of the factors that influenced the company was the support of state and local governments for the application and permitting process to demonstrate that they would work with Ardagh.

TRIC is a 107,000 acre park which includes a 30,000-acre industrial complex pre-approved for industrial and manufacturing projects. It is on the I-80 nine miles south of Reno, and offers rail serviced sites with sewerage, water supply, high pressure gas and five generating power stations on-site.

EDAWN CEO Mike Kazmierski said they were thrilled to welcome Ardagh to the community, and added that the announcement was the direct result of concerted efforts, including by the Storey County team and by Nevada Governor Brian Sandoval and his staff.

The Luxembourg-based Ardagh Group manufactures and supplies metal and glass packaging for food and beverage companies. Their clients include major food companies such as ConAgra Foods and beverage giants such Coca-Cola, Bacardi, Anheuser-Busch InBev and Carlsberg.

The Luxembourg-based Ardagh Group’s U.S. metal packaging business is based in Carnegie, Pennsylvania. The company has more than 18,000 employees across 100 facilities in 25 countries, and produces more than 32 billion containers annually.

Walmart Manufacturing Summit Announcements – $70M Investments, 1000 Jobs

The Walmart U.S. Manufacturing Summit held Aug 22, 2013 in Orlando, Florida got off to a good start in its stated goal of jump-starting the U.S. manufacturing industry and adding another $50 billion to Walmart’s purchase of goods from domestic suppliers.

Walmart U.S. Manufacturing Summit

Walmart U.S. Manufacturing Summit (photo – walmart.com)

Walmart suppliers announced investments worth more than $70 million during the event, with said projects expected to create more than 1,000 new jobs.

GE Lighting announced plans to expand manufacturing operations in Bucyrus and Circleville, Ohio, and Mattoon, Illinois to produce energy-efficient soft white light bulbs that will be sold through Walmart stores starting next summer. GE will invest $30 million for these expansions and will create 150 new jobs.

GE Chairman and CEO Jeff Immelt said GE and Walmart understood how to bring the best people and technologies together for making the world work better. He said this announcement reinforces their belief that manufacturing is a competitive advantage that allows U.S. companies to compete and win in all corners of the world.

Another major announcement was made by Element Electronics Corp., which said it will open a new flat-screen television production facility in Winnsboro, South Carolina. The project calls for a $7.5 million investment, and will create 500 new jobs. This is a reshoring project which relocates the company’s manufacturing operations from China back to the U.S.

Bill Simon, president and CEO of Walmart U.S., said their collaboration with Element Electronics had facilitated state level discussions which made the partnership a reality.

South Carolina Gov. Nikki Haley, one of several governors attending the Walmart Summit, said they welcomed Element Electronics to South Carolina’s business community, and added that the announcement was another indicator that the State was doing the right things to attract job-creating investments.

Other companies who announced domestic manufacturing investments include Kayser-Roth Corporation, Renfro, Chobani and Hampton Products International.

The Walmart Summit brought together 1,500 attendees, including 500 supplier companies and 32 state governments and major retailers. Governors and other state officials were able to speak directly to hundreds of manufacturers looking to create jobs, and suppliers were able to learn about the resources available in different states for potential projects.

U.S. Secretary of Commerce Penny Pritzker said she applauded Walmart for convening the summit to bring together multiple organizations from the public and private sectors. She said it was exactly the kind of cooperation that is required for growing businesses, creating jobs and keeping America competitive.

Brown-Forman Pours $103M Into Jack Daniel’s Expansion

Brown-Forman Corporation executives joined Tennessee Gov. Bill Haslam and other state and local officials to announce an expansion project for the historic Jack Daniel Distillery in Lynchburg, TN.

Jack Daniel's

Jack Daniel’s (photo – nola.agent/flickr)

Brown-Forman Corporation, the parent company of the Jack Daniel Distillery, will invest $103 million for adding stills, barrel warehouses and other infrastructure required for the expansion.

The project will create 94 new full-time jobs during the next five years.

Construction will begin later this year on the same site where the distillery is currently located, and the new facility will use the same cave spring water.

The expansion, the biggest yet in the history of the brand since it was founded in 1875 right after the Civil War, is required because of a spurt in global demand for the distillery’s famed brand of Tennessee Whiskey.

Jack Daniel’s Tennessee Whiskey  production volume has increased for 21 consecutive years, and the net sales of the family of Jack Daniel’s brands grew nine percent in the last fiscal year.

Jeff Arnett, master distiller of the Jack Daniel Distillery, said the global demand speaks volumes about the specialness and craftsmanship of a spirit that is distilled in Tennessee from a small cave spring hollow. He said the expansion would help Jack Daniel’s continue bringing its distinctive charcoal-mellowed whiskey to the world.

Metropolitan Lynchburg-Moore County Mayor Sloan Stewart said Lynchburg is proud to be the home of the oldest distillery in America. He said they appreciate all that Jack Daniel’s has done to give back to the community, and added that they were looking forward to many years of continued success.

Gov. Haslam said the company was an American brand, but also a Tennessee brand recognized around the world, which he said makes it a global ambassador for the State. He said Jack Daniel’s was one of Tennessee‚Äôs most historic exports, and helps in their efforts to introduce new Tennessee products to the global marketplace.

John Bradley, senior vice president of Economic Development, Tennessee Valley Authority, offered congratulations to the Jack Daniel Distillery on behalf of TVA and the Duck River Electric Membership Corporation.

Bradley said it was exciting to see existing companies prosper, and added that they were pleased to partner with local leaders and the State of Tennessee as they helped existing business and industry add jobs and invest within their community.

The Jack Daniel Distillery, officially registered in 1866, is currently the oldest registered distillery in the U.S. and is listed in the National Register of Historic Places. It has grown in the last 147 years into a global brand sold in 160 countries. The Brown-Forman Corporation (NYSE:BF:A and NYSE:BF:B) now has nearly 4,000 employees and generated $3.61 billion in revenue last year.

Fritz Industries To Build Manufacturing Facility in Greenville, TX

Fritz Industries, Inc. announced plans to build a new manufacturing and office facility in Greenville, Texas.

Greenville, TX economic development

Photo – greenvilletxedc.com

The company will invest $37.5 million to renovate and equip the former Newell-Rubbermaid plant.

The Fritz Industries project will create 250 new jobs. The State of Texas offered them $800,000 through the Texas Enterprise Fund (TEF) to close the deal.

Texas Gov. Rick Perry said that the TEF investment in Fritz Industries would create hundreds of jobs in Greenville, while pumping millions of dollars into the local economy and further strengthening the state’s economy.

The Mesquite, Texas-based Fritz  Industries already has an existing manufacturing facility in Greenville. They manufacture products used in cementing and drilling, and stimulation fluids required by oilfield service companies. The company also conducts R&D for improving productivity of new oil and gas wells, and extending the life of existing wells.

Dan Montgomery, president and CEO of Fritz Industries, said their employee-owned Texas-based company was proud to be making this investment in the City of Greenville, and added that the TEF funding would help them build a state-of-the-art facility that would be critical to developing new initiatives for the oilfield sector and creating jobs for Greenville residents.

When the Rubbermaid plant was shut down last year, Greenville lost 490 jobs. Greenville Mayor Steve Reid said they had worked very hard in partnership with the State to make this deal happen, and Fritz Industries would fill a major void in Greenville’s employment and tax base. He thanked Gov. Perry, Rep. Dan Flynn and Sen. Bob Deuell for their support for Greenville.

Rep. Flynn said he appreciated the Governor’s Office working closely with his office and Greenville’s leadership and economic development team to bring the company and its jobs to the area. Sen. Deuell said he was honored to be part of the team effort that got this accomplished, and added that the Fritz manufacturing plant in Hunt County would have a profoundly positive impact on the local economy.

The Texas Enterprise Fund has become one of the most competitive tools used by the state to recruit and bolster business. To date, TEF funds worth $498.9 million have been invested in projects that have led to 20.8 billion in capital investment and the creation of 69,277 new jobs.

Palm Beach County, FL in Line for Hundreds of Clean Energy Jobs

The Board of County Commissioners of Palm Beach County, Florida, will be meeting next week to decide on an incentives package for a clean energy producer that is planning a major expansion of its operations.

Palm Beach County relocation and expansion

Palm Beach County relocation and expansion (photo – co.palm-beach.fl.us)

The company, identified only as “Project Gas,” is a wholly-owned subsidiary of an international company. The subsidiary is currently located in a leased facility in Palm Beach County.

The project will help Florida retain 372 jobs and create hundreds of new jobs with average annual wages of $69,000, excluding benefits. This is 150 percent higher than the county’s prevailing average annual wages.

Apart from the Town of Jupiter in Palm Beach County, Florida, they are also looking at sites in Virginia and Tennessee.

The company has filed two sets of expansion plans with Palm Beach, and is asking that both plans be conceptually approved, so that they can finalize the deal and sign the agreement quickly once they decide on the location and the scope of the expansion.

The first plan filed by Project Gas says they will invest $31 million by 2016 for constructing a new 137,000-square-foot facility and renovating 180,000 square feet of existing space to accommodate office space, warehousing and their R&D operations.

Under this plan, the company would commit to creating 120 new full-time jobs within three years. They would agree to retain both the new jobs and another 372 existing jobs for at least five years. The county estimates the project will have a $617 million economic impact over a five year period.

The State of Florida would support the project by providing incentives worth $2.5 million under the Qualified Target Industry (QTI) Tax Refund Program, requiring a local match of $218,000 each from both the Town of Jupiter and Palm Beach County.

The second option Project Gas has filed involves the company investing $65 million to build a 360,000-square-foot facility. This plan will create 330 new jobs by 2020, in addition to retaining the existing 372 jobs. The plan will have an economic impact of $642 million over a five year period.

If the company opts for this bigger expansion, the State of Florida will provide $6.3 million in QTI tax refunds, matched by an $800,000 ad valorem tax exemption from Palm Beach County and a $464,000 contribution from the Town of Jupiter.

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