Development News | Trade and Industry Development

Development News

manufacturing

AL: Shinhwa Expands Auburn Operation with $37M Investment in Advanced Tooling

Shinhwa Auto USA Corporation is strengthening its manufacturing footprint in Auburn with a $37 million expansion that will bring advanced tooling capa...

food

TN: Starbucks Selects Davidson County for Southeast Corporate Office

Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Starbucks officials ann...

development

LA: Louisiana Selects 19 FastSites in Historic State Investment

Louisiana Economic Development unveiled 19 sites spanning 16 parishes moving forward in the inaugural FastSites round, marking the largest coordinated...

innovation

NM: Technology and Innovation Office Awards Programming Grants

The New Mexico Economic Development Department has awarded $2.5 million in grants to five organizations to expand services and programming that help e...

business

KY: 8 Companies Awarded Over $862,000 To Support Continued Tech and High-Wage Job Growth

Gov. Andy Beshear announced that eight innovative and high-tech Kentucky companies will receive a total of $862,479 in state matching grants to suppor...

manufacturing

AL: Manufacturer KettenWulf to Invest $34 Million in Auburn Operation, Creating 70 Jobs

Germany’s KettenWulf plans to invest $34 million in an advanced manufacturing operation in Auburn that will create 70 jobs and serve as the foundation...

magnets

TX: MP Materials to Expand Rare Earth Magnet Manufacturing In Northlake, With 1,500 Jobs

Governor Greg Abbott today announced MP Materials Corp. will expand its presence in Texas and establish a rare earth magnet manufacturing campus in No...

technology

PA: Technology Firm Factify Selects Pittsburgh for Its First U.S. Hub

Factify, creators of the post-PDF document standard, has selected Pittsburgh as its U.S. expansion hub alongside a $73 million seed round to build a n...

manufacturing

TX: Sika Corp. to Expand Manufacturing Operations in Sealy, Creating 60 Jobs

Sika will expand its manufacturing operations of PVC single-ply commercial roofing membranes in Austin County. The project represents more than $90 mi...

automotive

AR: Faymonville Group Celebrates Steel Topping Out at New Little Rock Facility

Faymonville Group celebrated the steel topping out for its new state-of-the-art manufacturing facility in Little Rock, Arkansas. This marks the compan...