Development News | Trade and Industry Development

Development News

manufacturing

NC: US Forged Rings Inc. to Build Components Plant in Hertford Co., Creating 625 Jobs

North Carolina Gov. Josh Stein announced US Forged Rings, Inc., a manufacturer of specialty steel products, will establish a major production facility...

food

SC: Cheney Brothers Expands in Florence County With $42.5 Million Investment, Creating 85 Jobs

Cheney Brothers, a leading broadline food distributor, announced it is expanding its Florence County operations with an additional $42.5 million inves...

restaurants

TX: Huey Magoo’s Expands in Texas with New 15-Restaurant Agreement

Huey Magoo’s, known for its premium, hand-crafted chicken tenders, has signed a development agreement in Texas, continuing its rapid national expansio...

manufacturing

PA: 6K Additive Breaks Ground on Major Facility Expansion in Burgettstown, to Hire for 17 New Jobs

6K Additive, Inc., a leader in the domestic production of high-performance metal powders, reached a major milestone on March 30th with the official gr...

manufacturing

TX: East Penn Manufacturing Chooses Temple for $110M Expansion, Creating 48 New Jobs

East Penn Manufacturing Co., in partnership with the Temple Economic Development Corporation (Temple EDC), announced a significant expansion of East P...

energy

NC: Brazilian Energy Firm TSEA Selects Rockingham Co. for Manufacturing Facility, 160 New Jobs

North Carolina Gov. Josh Stein announced TSEA Energy, a manufacturer of energy equipment, will establish its first U.S. manufacturing plant in Rocking...

manufacturing

AR: AmerCable to Expand Cable Manufacturing in El Dorado, Ark., Creating 13 New Jobs

Leading cable manufacturer AmerCable has announced plans to expand its existing operations in El Dorado, Arkansas with an investment of more than $10 ...

manufacturing

SC: United Composite Materials Selects Greenville County for First S.C., Operation, Creating 50 Jobs

United Composite Materials, LLC, an advanced carbon composite materials manufacturer, has selected Greenville County for its first South Carolina oper...

financial

NC: Capital Group to Establish Major East Coast Operations Hub in Charlotte

North Carolina Gov. Josh Stein announced that Capital Group, one of the world’s largest and most experienced active asset managers, will establish a m...

financial

NC: Financial Firm SMBC Group to Invest $50M for Office in Charlotte, Creating 2,000 New Jobs

SMBC Group, one of Japan’s largest financial institutions, is creating 2,000 jobs over the course of six years and investing $50.5 million to establis...