Fed's Lockhart: Recovery "largely done"
In one of his last speeches before retiring, Atlanta Federal Reserve bank president Dennis Lockhart said in the winter quarter that the recovery from the Great Recession is "largely done." Lockhart said the U.S. is near full employment, inflation is low and that the country is kind of locked in to steady growth of about two percent for the next two years or more.
End of 2016 saw the longest job growth streak in 75 years
As of the end of 2016, the U.S. economy added jobs for 75 straight months, the longest consecutive monthly job generating period since the 1930s. The job growth has been somewhat slower than previous recoveries. However, it must be noted there has been no job growth in the last 75 months from the public sector. In the past 75 months, there has been a reduction of over 300,000 government jobs.
Wages finally rising
The economic recovery since 2009 has produced plenty of winners, including homeowners, investors and companies. But workers haven't been winning as wages have remained stagnant throughout the recovery. However, the Labor Department reported in January that in calendar year 2016, the average hourly earnings rose by 2.9 percent, the best annual performance since the recovery began in mid-2009.
Final tally: 11.3 million net new jobs created in Obama's two terms
Former President Barack Obama entered office with one of the most daunting tasks any President has faced in history regarding the economy. Unemployment would spike shortly after he entered office to over 10 percent nationwide. That figure was more than cut in half during his last term in office. In comparison, Clinton's terms saw job gains of 22.9 million, followed by Reagan at 15.9 million and Bush at 2.1 million.
Right-to-work, and states with no income tax populations dominating U.S.
From 2010 to 2016, the U.S. saw population growth of 4.7 percent, from 308.7 million to 323.1 million residents. In the same period, states with no income tax grew by 9.1 percent, while those with state income taxes grew by only 3.5 percent. Right-to-work states' populations grew by 6.2 percent while those with forced unionization grew by only 3.3 percent, according to the Census Bureau.
Dallas-Fort Worth beats U.S.’s amazing monthly job streak
At the end of the year, the U.S. saw 75 consecutive months of job generation, the best streak since a streak began in 1939. But Dallas-Fort Worth's consecutive monthly job generation stood at 80 months at the end of the year.
Gov. Haslam: VW committed to Chattanooga facilities
Tennessee Gov. Bill Haslam said in January that in the midst of pleading guilty to criminal charges over the diesel emissions scandal, German automaker Volkswagen is committed to growing its only U.S. plant in Chattanooga, Tenn. Haslam said he talked to several VW officials after the company settled with the federal government for $4.3 billion for cheating on emissions tests and destroying evidence to cover it up. VW officials assured him that the automaker will continue to add jobs at the plant.
Charlotte will soon reach population milestone
In 2017, Census data shows that metro Charlotte will reach a population milestone. According to Census, the population of Charlotte will reach 2.5 million by May.
Dallas-Fort Worth, Houston to reach population milestone
Census data predicts that Texas' and two of the South's largest metros will reach population milestones this year. Dallas-Fort Worth is projected to reach 7.4 million residents later this year and Houston's population will reach 7 million by the end of the year.
Amazon adding 1,000 jobs at Kentucky fulfillment centers
Seattle-based Amazon announced it will add 1,000 jobs at its Kentucky fulfillment centers in Shepherdsville, Campbellsville, Hebron and Lexington. The company currently employs more than 10,000 in Kentucky.
Texas LNG clears critical hurdle
The Woodlands, Texas-based company Texas LNG has executed four 20-year terms by state-owned and private buyers in Southeast Asia and China to purchase up to 3.1 million tons of natural gas per year. The deal will almost assuredly pave the way for Texas LNG to build a multi-billion dollar LNG export facility at the Port of Brownsville in South Texas if it can meet environmental regulations. Currently, Cheniere Energy is the only large-scale exporter of shale gas in the U.S. That plant is located in Southwest Louisiana in Cameron Parish. Other LNG export plants on the Gulf Coast are under construction.
Oil and gas jobs see first gains in over two years
Labor Department data shows that in November of 2016, jobs linked to the oil and gas sector rose for the first monthly gain in over two years. Employment rose in the sector by 3,300 for the month. Total jobs in the oil and gas sector now are at 384,300 compared to over 530,000 two years ago. Over 500,000 jobs have been lost globally in the oil and gas industry in the past two years.
Right-to-work passed in Kentucky
Kentucky adopted right-to-work legislation in the winter quarter. The measure gives workers the choice to not pay union dues or fees as a condition of employment. Kentucky became the 27th right-to-work state. . .now all states in the South are right-to-work except for Missouri. Missouri is also expected to pass the measure soon.
German logistics firm bringing 200 jobs to Houston
Germany-based Talke Group will create 200 jobs in the Houston area as it has won a 10-year contract from Irving, Texas-based Exxon Mobil. Talke will do the logistics in exporting the 1.3 million tons of additional capacity of polyethylene coming online this year at Exxon Mobil's expanded Mont Belvieu Plastics Plant near Houston.
Ireland-based cybersecurity firm to open center in Atlanta metro
Sysnet Global Solutions will open a call center in Brookhaven, a suburb of Atlanta. The 24-hour multilingual call center will eventually house 500 workers.
Firm relocating from North Carolina to Tampa
BlueLine Associates, a professional services firm, is relocating its headquarters from Cary, N.C., to Tampa, Fla. The company will hire 150 in the move.
Beverage company expanding in Tampa
Cott Corporation, a beverage maker, is expanding its headquarters in Tampa, Fla. The project will create 60 new jobs.
Sarasota-Manatee region tops all others in Florida
The Sarasota-Manatee region in South Tampa Bay was the only metro area in Florida that saw more employment growth in 2016 compared to 2015, according to economist Hank Fishkind. The Sarasota-Manatee region added over 10,000 jobs in calendar year 2016.
Navy Federal adding 1,400 jobs in Virginia
Virginia-based Navy Federal Credit Union is investing $100 million in its support and service operations in Winchester, Va. The project will create 1,400 new jobs.
German gun manufacturer expanding in West Georgia
Hackler & Koch is investing over $28 million to expand its gun manufacturing operations in Columbus, Ga. The project will create 84 new jobs.
Retailer setting up center in Georgia
Z Gallerie, a fashion retailer, is investing almost $4 million in a distribution center in Douglas County, Ga. The deal will create 115 jobs.
Healthcare provider hiring 800 in Atlanta metro
Kaiser Permanente, the nation's largest integrated healthcare system, has opened a call center in Gwinnett County, Ga. The deal calls for 800 jobs.
German company expanding in Georgia
Zschimmer & Schwartz, a Germany-based chemical company with facilities in Milledgeville, Ga., is expanding into Gordon, Ga. The company will build a $50 million facility and hire 75 workers in the deal.
Startup technology company creating 725 jobs in South Florida
Magic Leap will move into the former Motorola factory in Plantation, Fla., to create a "R&D Center of Excellence." The $150 million investment will create 725 jobs.
Silicon Valley firm to create 250 jobs in downtown Nashville
Palo Alto, Calif.-based Houzz Inc., a provider of online platforms for home design and remodeling, is moving into the UBS Tower in downtown Nashville. The company will occupy 37,000 square feet and hire 250 employees.
Baretta supplier moving headquarters to Tennessee
California-based Axem Distributing, a supplier to the new Baretta firearms plant in Gallatin, Tenn., is relocating its operations to the city. The project will create 50 jobs.
Virgin Mobile opens HQ in Kansas City
Communications firm Virgin Mobile has chosen downtown Kansas City for its U.S. headquarters. The project will create 100 jobs.
Software provider adding 100 jobs in Columbia, S.C.
TCube Solutions, a software services provider, is investing $1.7 million to expand its operations in Richland County, S.C. The deal will create 100 jobs.
HP could add 2,400 employees in Houston
HP Inc. has pre-leased 378,000 square feet of space at the 2,000-acre mixed-use community in north Houston called Springwoods Village. The California-based company's new campus will house about 2,400 employees.
Toyota planning to spend $10 billion in the U.S. in next five years
Including its new headquarters being completed in Plano, Texas, the CEO of Japanese automaker Toyota said in January the company will spend $10 billion in the U.S. over the next five years. CEO Jim Lentz, in response to criticism from President Donald Trump over building cars in Mexico, said that the company will spend $10 billion in the U.S. on autonomous vehicles, to update existing plants, and finish its new North American headquarters in Plano.
Toyota begins relocating employees from Kentucky
One of Toyota’s former headquarter operations in Erlanger, Ky., is relocating its employees as the Japanese automaker consolidates three U.S. headquarters into one in Plano, Texas. Toyota has already relocated hundreds of employees from its former headquarters in Southern California. When completed later this year, Toyota’s new North American headquarters in Plano will house 4,000 to 5,000 employees.
Toyota's Alabama engine plant sees record production
Toyota Motor Manufacturing Alabama saw record growth at its engine plant in Huntsville. The workers at the facility built 702,014 engines in calendar year 2016, an 11 percent increase over 2015.
BMW sets unit record at South Carolina plant
German automaker BMW recorded its largest annual production total in calendar year 2016 at its plant in Greer, S.C. The plant produced 411,171 X models in 2016. Of those, the company exported 287,700 vehicles last year.
Continental Tire expanding North Texas distribution facility
Continental Tire is adding almost 300,000 square feet to its distribution center in Grand Prairie, Texas. The expansion will give the company more than 1 million square feet. No word yet on job additions.
Bridgestone investing $180 million in North Carolina operation
In 2015, Tennessee-based Bridgestone invested $164 million in its facility in Wilson, N.C. The company announced in the winter quarter it is investing another $180 million in the facility, however, only 16 jobs will be added.
Alabama’s auto industry sets assembly record
Alabama’s three automotive assembly plants set a record in calendar year 2016 with 1,048,597 cars, vans and SUVs assembled. It was the second year in a row that the three automakers combined to produce over 1 million vehicles.
Auto industry sets U.S. sales record
Last year was the seventh consecutive year of growth in car sales. In the U.S., 17.55 million cars and light trucks were sold, an industry record.
Electric bus manufacturer expanding in South Carolina
Thanks to an infusion of $140 million in cash, electric bus manufacturer Proterra will triple assembly production at its plant in Greenville, S.C. The company, which employs 165 workers, will add 25 jobs and produce about 90 buses this year.
Hyundai subsidiary to take over part of former GM plant in Shreveport
Glovis America, a subsidiary of South Korea-based Hyundai, will take 125,000 square feet of space in the former General Motors plant in Shreveport, La. The company will use it as a distribution center and a parts aftermarket for imported vehicles. Glovis will outfit imported vehicles with equipment and exterior upgrades such as security systems, sunroofs and additional electronics. The project will create 400 jobs.
Manufacturing boom at end of 2016
The U.S. manufacturing sector saw an expansion in December of 2016 that was the best since August 2009.
Construction spending reaches highest level since 2006
Construction spending on homes, nonresidential buildings and government projects reached $1.18 trillion in November 2016. The total was the highest since April 2006.
German auto supplier invests in North Carolina
Kaco USA, a Germany-based manufacturer of sealing solutions for the automotive industry, will expand its facility in Lincolnton, N.C. The company is investing $8.4 million and adding 100 workers in the deal.
Linde Group building plant in rural Georgia
The Linde Group, an industrial gas manufacturer, will invest $40 million in a new plant in Adel, Ga. The new large-scale air separation facility will supplement other facilities in Cartersville, Ga., and Aiken, S.C. The deal will create 35 jobs.
German company opening facility in Richmond region
Germany-based iMPREG Group, a manufacturer of fiberglass pipe liners, will open a warehouse in Henrico County, Va. The $5.4 million expansion will create 60 jobs.
Tyson expanding Kentucky plant
Tyson Chicken is expanding its poultry plant in Henderson County, Ky. The $13.5 million project will create 66 jobs.
Online cabinet retailer opening design center in St. Louis
CliqStudios, a designer and retailer for custom kitchen cabinets, will invest almost $2 million on a new cabinet design center in St. Louis. The project will create 98 jobs.
Utility-scale solar farms set for South Carolina
Two large solar farms will be built in Orangeburg, S.C., by the National Renewable Energy Corporation. The project calls for an $89.1 million investment.
Aerospace systems provider Safran expands in South Carolina
A leading supplier of aircraft equipment for Boeing, Safran will invest $7 million in its Ladson, S.C., operations. The expansion will create 15 new jobs.
Daniel Defense breaks ground in Georgia
The arms manufacturer is starting construction on a $29.5 million expansion of its corporate offices in Black Creek, Ga. The project is expected to bring 75 new jobs.
Snack maker Snyder’s-Lance expanding in Charlotte
The company will invest $38 million in expanding operations in its facility in Charlotte, N.C. With this investment, 130 new jobs will be created with an average annual salary of $45,000.
American Marksman invests $35 million in ammo manufacturing facility
The commercial ammunition provider plans to renovate 336,000 square feet at the Lake City Ammunition Plant in Missouri. The Omaha based company will create 400 jobs.
Chinese fiberglass manufacturer to start construction in South Carolina
China Jushi, a company based out of Zhejiang, China, broke ground in Richland County in December for a $300 million plant that is expected to create 400 new jobs.
Kubota begins expansion in Georgia
The construction equipment manufacturer has begun a $16 million dollar expansion of its distribution center in Jefferson, Ga., to meet growing consumer demand.
Data Analytics Firm to hire 500 in Central Florida
TeleTech Holdings will hire hundreds of new customer service and tech support representatives for its customer experience center in Rockledge, Fla.
The Weather Company to hire 400 in relocation
The IBM business and weather forecast company is relocating its headquarters within Atlanta. The move will help the company, which makes 40 billion forecasts daily, to grow with an additional 400 new positions.
800 new call center jobs coming to N.C. Triad area
Expert Global Solutions, an Alorica company, is planning to add 800 new positions at its call center in Greensboro, N.C.
Leading boat seat manufacturer to create 74 new jobs in Tennessee
The Wise Company announced it will hire 74 new employees and expand its current facility in Savannah, Tenn.
Furniture firm Crown Mark expanding in Triad area
The company will invest $11.7 million for a new 250,000-square-foot distribution center in High Point, N.C.
Pharmaceutical manufacturer Patheon to acquire facility in South Carolina
Patheon has acquired the former Roche Holdings facility in Florence, S.C. The company hopes to increase capacity in the 300,000-square-foot facility producing active pharmaceutical ingredients. The deal will create 200 jobs.
Chemical company Ashland growing to accommodate upward demand
Global chemical company Ashland is expanding existing facilities in Greenville County, S.C., with a $5.6 million capital investment.
Spacecraft supplier production facility to be built on Florida’s Space Coast
Swiss-based RUAG Space USA Inc. will create 60 high-wage jobs with the construction of its plant in Titusville, Fla.
ConocoPhillips will relocate HQ in Houston
The company is scrapping a sublease plan for Energy Center 4 and will instead make the 597,629-square-foot building its new headquarters.
Chinese garment manufacturer moving to Little Rock
Tianyuan Garments will acquire a 100,000-square-foot plant to set up operations producing clothes for brands like Adidas, Reebok and Armani. This marks the first Chinese manufacturer to produce clothing within the U.S. With a $20 million investment, the firm expects to hire 400.
Atkinson Candy Company expanding in Texas
The business, located in Lufkin, Texas, is investing $5 million in additional facility space.
SolarCity adding hundreds of jobs in Florida
The California-based solar panel company is increasing services in Florida, and, if growth in Nevada and elsewhere is any indication, the company is prepared to add hundreds and later thousands of jobs with multiple locations. The $2 billion Tesla-acquired company will need to hire electricians, roofers, construction workers, sales consultants and managers.
Erlander will invest $50 million in Chattanooga
The health services provider will create 400 new jobs with its $50 million expansion in the East Brainerd area. Included in the expansion will be an intensive care unit, four operating rooms and a cardiovascular lab, as well as almost doubling the number of hospital beds.
Automaker GM will expand its in-house finance company in Arlington, Texas
The $35 million investment at GM Financial will bring 1,300 new jobs to its Arlington campus. The addition of 250,000 square feet of new office space will allow the company to surpass 4,000 employees.
Major carpet manufacturer completes new plant in Georgia
Shaw Industries Group has finished construction of its new carpet tile manufacturing plant in Adairsville, Ga. The new $85 million facility will accommodate 500 new jobs.
Wink Equipment will create 50 jobs in Kentucky
The aluminum trailer manufacturer will invest $1.55 million in operations in Dawson Springs. The 69,000-square-foot facility will manufacture 400 to 600 aluminum side dump trailers a year.
Ortec plans for 60 new jobs in South Carolina
The polymer and biomaterial technology company is investing $20 million in its 200,000-square-foot facility in Anderson County.
Custom box manufacturer invests $17 million in Charlotte expansion
Company Box will add 25 new employees and invest $17 million to expand operations to meet increasing online orders of its custom boxes and packaging.
Industrial equipment supplier to open in San Antonio
With a $3.9 million investment, W.W. Grainger opened its new operation center in San Antonio, Texas. The project is expected to provide 200 new jobs for the area.
Cargill, Calysta opening fish food factory in Memphis
To meet demand for farm-raised fish bound for China, Cargill and Calysta will build a new factory that will employ 75 new people.
Home cabinet manufacturer to consolidate HQ in Virginia
American Woodmark Corporation will bring its headquarter operations to Frederick County, Va. The company will invest $30 million in the consolidation, and create 55 new jobs.
BP to go ahead with a $9 billion project in the Gulf of Mexico
The UK-based major oil company announced it will be resuming the second phase of its project in the Gulf of Mexico.
Automotive supplier constructing new plant in South Carolina
Magna International is building a new automotive seat manufacturing plant in Spartanburg County. The company will invest $29 million and create 480 new jobs.
B&W Fiberglass is launching new operation in South Carolina
The advanced materials manufacturer has acquired a new facility in Greenville County, and with an investment of $5 million, the company will create 46 new jobs.
Pin Oak Holdings closes on a $100 million investment in Louisiana
A petroleum and chemical storage terminal is being built in St. John Parish and will be operational by June of 2017.
Shaw Industries Group completes manufacturing plant in Atlanta
Shaw Industries, a major producer of carpet tile, has announced that their new $85 million facility is now operational. The company plans to employ an additional 500 new people when the facility reaches full capacity.
Leclerc Foods expands in Tennessee
The food production company is expanding its existing facility in Kingsport. The company will also build an additional $49 million facility that will create 105 jobs.
Everest Textiles USA opening new manufacturing plant in North Carolina
The Taiwan-based sports apparel maker will add 610 new jobs in Rutherford County. The company, which supplies Nike, Columbia and Patagonia, will invest $18.5 million in the plant with a $3 million tax incentive.
Fareva opens new plant in Virginia
The household, cosmetic and pharmaceutical contract manufacturer has opened a new aerosol plant in Henrico County. The $40 million investment and expansion will employ 80 to 100 people.
Skylight and window manufacturer expands in South Carolina
Velux, a leading roof window maker, is expanding with a $4 million investment and an additional 21 new jobs in Greenwood County, S.C.
Raven Petroleum to build new refinery in Texas
The first refinery to be built in decades, Raven will invest $500 million to build a facility that will produce 50,000 barrels a day. The facility will be located east of Laredo and will export nearly all its refined fuel to Mexico.
Fresco Foods to bring 50 new jobs to Tampa
The prepared and pre-packaged meal company will build a new commercial kitchen and food service production facility in eastern Hillsborough County. The new facility will employ 50 people.
Consumer healthcare provider bringing jobs to South Carolina
PL Developments plans to hire 450 new employees at a new warehouse in Greenville County, S.C.
CompuCom relocating HQ to South Carolina
The technology infrastructure services company will locate its new headquarters in Lancaster County, S.C. The project will bring $41 million in capital investment and will provide the area with 1,500 new jobs over the next several years.
Cabinet hardware manufacturer to expand near Charlotte
Blum Inc. will invest $16 million to upgrade its existing facilities in Lincoln County, N.C., and hire 20 new workers.
Mortgage company opening new headquarters in Texas
Service First Mortgage will move its headquarters and employ 128 people at the McKinney Corporate Center in McKinney, Texas.
Linak expands in Louisville
The company, which makes parts used in healthcare equipment, furniture and other products, will create 413 new jobs with the planned $33 million expansion.
Qorvo plans expansion in Florida
Tech manufacturer Qorvo will expand existing operations in Apopka, Fla., with an additional 100 new employees.
Geico hiring in Virginia Beach
The insurance company plans to hire more than 500 people by the end of 2017.
Peet’s Coffee invests $58 million in Virginia
The craft coffee brand will establish a new manufacturing operation in Suffolk, Va. The 175,000-square-foot roasting operation will create 135 new jobs.
LignoTech Florida to locate in Fernandina Beach
The joint venture of chemical company suppliers will create 50 new jobs in Nassau County.
INC Research to relocate HQ in North Carolina
The Raleigh-based company has announced it will invest $37.9 million and move to Morrisville. The project will create 550 new jobs.
Credit Karma expands in Charlotte
The San Francisco-based company will hire 100 new employees with a new office in Charlotte.
Poultry plant to bring jobs in Arkansas
Summit Poultry will open a plant in Pine Bluff that will employ 100 workers.
Tencel fiber company to build new plant in Mobile
Austrian-based company Lenzing will spend $300 million in construction of a new plant that will bring 163 new jobs.
Tire industry supplier Evonik to build plant in South Carolina
Evonik Industries will build a $120 million plant near Charleston. The project will create 55 new jobs.
PL Developments to bring jobs in South Carolina
The manufacturer and distributor of pharmaceutical products will invest $45 million in a new facility in Greenville County, S.C., that will bring 450 new jobs.
Wacker Chemie AG will build a new plant near Chattanooga
The chemical company has announced it will construct a new production facility with a $150 million investment. The move will create 50 new jobs in Bradley County, Tenn.
Healthcare tech firm invests in Tampa HQ
CareSync will hire 350 new employees at its new Tampa headquarters.
US Steel to reopen part of plant in Granite City, Mo.
United States Steel Corp. will refill 220 jobs at the reopened hot strip mill in Granite City, Mo.
Novatech to bring jobs to Virginia
The door and door glass manufacturer will invest $3 million to build a new facility in Henry County, Va., that will employ 50 people.
ProBrass Inc. investing in South Carolina
The manufacturer of rifle brass cartridge cases is establishing itself in Clarendon County. The start-up firm will invest $40 million in the new facility, creating over 70 new jobs.
Mars Petcare expands in Arkansas
The pet food manufacturer will expand its Fort Smith operations with a committed $72 million investment. The expansion will create 130 new jobs.
Citrix adding 400 new jobs in North Carolina
The tech company will employ an additional 400 new workers at its Raleigh location.
KPS Global will expand in Tennessee
The walk-in cooler, freezer and environmental chamber manufacturer will bring 64 new jobs with an investment of $1.5 million in Sullivan County, Tenn.
Magnum Venus Products to expand in Knoxville
The manufacturer of composites application equipment has acquired space to build a $12 million facility that will employ 70 new workers.
EnviroSep will expand in Georgetown, S.C.
The manufacturer of integrated solutions for fluid handling, heat transfer and energy recovery will invest $5.2 million in its expansion with an addition of 100 new jobs.
Kerry Group expands in Missouri
The food ingredients company will spend $14.3 to expand operations in Greenville, Mo.
R+L Carriers investing in South Carolina
The global logistics and shipping company will hire 25 new employees and invest $7 million in expanding operations in Yemassee, S.C.
Fiber-optic cable manufacturer expands in North Carolina
Italian-based Prysmian Group will invest $20 million in its Catawba County plant, and will add 95 new jobs.
E-commerce marketing software firm to hire in Atlanta
Atlanta-based Springbot will invest $10 million and hire about 70 new employees.
Acquisition brings jobs back in Georgia plant
Gossen, North America’s largest integrated plastics manufacturer, will bring 49 jobs back to its plant in Cartersville, Ga.
myNexus expands in Nashville
The healthcare information tech company will expand operations with an investment of $1 million and the addition of 260 new jobs.
Techtronic Industries expanding in South Carolina
The manufacturer of home improvement and consumer products will invest $75 million over the coming years. The company will hire an additional 200 or workers.
Flooring company Unilin expands, hires in North Carolina
The Mohawk-owned company will invest $36 million in its facility in Thomasville, N.C., adding 50 new employees.
Immigration and Customs Enforcement to bring jobs to Folkston, Ga.
The government agency will hire 200-plus workers after opening a privately run detention center in Folkston.
Volkswagen hiring in Chattanooga
Hiring for production of the new VW Atlas SUV is underway in Chattanooga. The factory plans to hire 600 more workers by mid-March.
Skuid is adding jobs in Chattanooga
The cloud software company is hiring 60 new employees after a new product launch.
Sparks Custom Fabrication grows plant in Tennessee
The company, which specializes in stainless steel, stone and millwork products for the food industry, will expand manufacturing operations in Adamsville, Tenn. The company will create 140 new jobs over the next five years.
Unanet expands in Virginia
The web software company will add 100 jobs at its Loudoun County location. The company will invest $7 million after receiving a $125,000 incentive package from the county’s Department of Economic Development.
Ebtron expanding in South Carolina
The manufacturer of air flow measuring devices will expand operations in Horry County. The $2.5 million in capital investment will lead to the creation of 100 new jobs.
Comprehensive Health Services adding jobs in Cape Canaveral
The medical management services provider will create 150 new jobs as a part of a consolidation move. The new jobs have an average annual salary of $66,000.
After economic incentive approval, GKN Driveline to create 302 jobs in N.C.
The auto parts manufacturer will expand four of its plants after North Carolina economic development leaders approved $3 million in incentives over the next several years. The company plans to invest $179 million at plants in Alamance, Catawba, Lee and Person counties.
Dolphin Pointe Health Center to add 500 jobs in Florida
North of the Jacksonville University Campus, the 120-bed skilled nursing center will add as many as 500 new jobs with an $18 million investment.
Liquefied natural gas plant to create jobs in Louisiana
The $8.5 billion Venture Global LNG project planned for Plaquemines Parish will generate 250 new jobs.
Triangle Services to open regional HQ in Fort Lauderdale
The provider of management services for commercial real estate will invest $7.88 million and will create 300 jobs.
Carbon Cycle Energy building $100 million biogas plant in North Carolina
Located near Warsaw, N.C., the plant will produce biogas for energy and transportation fuel by utilizing anaerobic digestion of animal and food waste. The facilities will be the largest in the U.S.
Bosch expanding North Carolina plant
The German engineering and electronics company will make a $13.3 million investment in new equipment and machinery for its Robert Bosch Tool Corp’s facility in Lincolnton, N.C. The investment will include the addition of more than 50 jobs.
Blue Ridge Aquaculture expands in Virginia
The largest tilapia aquaculture operation in the world is expanding with an investment of $3.2 million at its facilities in Henry County, Va. The project will create five new jobs.
Computer tech start-up Magic Leap expanding in South Florida
The company has acquired a second facility. The “R&D Center of Excellence” will provide 725 new jobs and a $150 million capital investment in Plantation, Fla.
Jones Plastic expanding in Tennessee
The plastic injection mold manufacturer will invest $4.5 million in its facility in Camden, Tenn. The company plans to hire 52 new workers.