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Development News

awards

Trade & Industry Development Honors 2025 CiCi Award Winners

Trade & Industry Development, a leading publication dedicated to site selection for businesses, has announced the winners of its 2025 Corporate Invest...

defense

AR: R2S Opens New Manufacturing Facility in East Camden, With 60 Jobs

R2S, a joint venture between Rafael Advanced Defense Systems and Raytheon, an RTX business, has opened its new manufacturing facility in East Camden, ...

rare earth magnets

NC: Vulcan Elements Selects Johnston County for 1,000-Job Factory, Investing Nearly $1B

North Carolina Gov. Josh Stein announced Vulcan Elements Inc., a manufacturer of rare earth magnets, will invest $918.1 million in the town of Benson ...

pharma

MD: AstraZeneca Plans $2B Manufacturing Investment in Maryland, Supporting 2,600 Jobs

AstraZeneca announced plans to invest $2 billion to expand its long-standing manufacturing footprint in Maryland. This includes a significant expansio...

automotive

WV: KY: MO: TN: MS: Toyota Boosts Hybrid Production With $912M Investment, 252 Jobs

Toyota’s U.S. manufacturing presence is expanding again to meet growing demand for hybrid vehicles. As a part of Toyota’s recent commitment to invest ...

manufacturing

GA:: Virginia Transformer to Invest $40 Million, Create 400 Jobs in Effingham County Expansion

Governor Brian P. Kemp announced that Virginia Transformer Corp. will invest $40 million to expand its existing manufacturing facility near Rincon, cr...

technology

CO: Terra Ferma Selects Colorado Springs for New LiFi Manufacturing Facility, Creating 120 Jobs

Colorado Governor Polis, Lt. Governor Primavera, and the Global Business Development Division of the Colorado Office of Economic Development and Inter...

manufacturing

CN: Vianode to Build North America's First Large-Scale Clean Synthetic Graphite Plant in Ontario

Invest Ontario welcomes an anticipated investment of $3.2 billion from Vianode, a Norwegian producer of sustainable synthetic anode graphite, to estab...

automotive

KY: Toyota To Boost Hybrid Production in Georgetown with $204.4M Investment, Creating 82 Jobs

Kentucky Gov. Andy Beshear announced Toyota Motor Manufacturing Kentucky (TMMK) is once again expanding its presence in Georgetown with a $204.4 milli...

economic development

NC: Over 3,000 New Jobs Coming to North Carolina Through Five Company Announcements

In the last two days, five companies announced they are creating thousands of new jobs and investing hundreds of millions of dollars in communities ac...