Global consumer products maker Unilever is planning a $152 million expansion of its margarine and spreads plant in northeast Kansas. The Kansas City Star reports the project announced Tuesday will double the size of the plant at the New Century AirCenter industrial park in Olathe (oh-LAY'-thuh).
U.S. financial officers gave the economy its highest score in five years and were significantly more confident about economic growth in 2013 in the latest Bank of America Merrill Lynch CFO Outlook survey. Executives who participated in the 2013 CFO Outlook Mid-Year Update gave the U.S. economy an average score of 58 out of 100, up from 49 in the previous survey conducted in late 2012.
Manufacturing companyLeggett & Platt is planning a $5 million expansion for its facility in southwestern Missouri.Gov. Jay Nixon announced Wednesday that Leggett & Platt would be adding 28,000 square feet and an expected 12 jobs to its Flex-O-Lators facility in Carthage.
Maker's Row is directly in the middle of what could very well become a new era in American manufacturing, in which the boutique rules, and where manufacturing is within reach for essentially anyone with an entrepreneurial spirit. It could truly change the financial outlook of many smaller contract manufacturers, and enable a whole new generation of “makers.”
Southport, Conn.-based Sturm, Ruger says it will open a new factory in Mayodan to meet firearm demand that has spiked since Congress and some states sought to toughen gun controls. The community is already headquarters to Freedom Group Inc., which owns Bushmaster, Remington and other firearms brands.
The bottom line is this: We run a customizable state. We don’t attempt to steer companies or campaign for business plans that benefit our state over the business. We look for strong companies, provide them the resources they need, and let them conduct business as they see fit. We make sure South Carolina is just right for all of our companies, and it works. In South Carolina, business is part of the culture.
A Batesville-based company that makes high-end riding lawnmowers said Wednesday it completed an expansion for a new line of multi-terrain vehicles and will add up to 200 new employees.Bad Boy Mowers said Wednesday it will hire the new workers over the coming three to five years.
The company will invest $40.5 million at an engine plant in Dundee, Mich., southwest of Detroit. Chrysler will convert an assembly line to make cranks, heads and engine blocks for the 2-Liter four-cylinder Tigershark engine. Another $11.5 million will be used to add a Tigershark assembly line at the North engine plant in Trenton, Mich.
Honda says it will spend $215 million to expand an engine plant and build two training centers in Ohio. The investment will add about 60 jobs in the state, although 50 of them will come from other Honda operations in North America.
The Kansas City Area Development Council has announced that IBC North America and Clean Tide Container will open a new facility in the Kansas City area to manufacture and refurbish intermediate bulk containers. The sister companies will invest more than $5 million to build the expansion, which will also create 87 new jobs in the area.
igus Inc. has announced that despite difficult market conditions throughout 2012, it managed to increase turnover by five percent and finish the year on a record high due to what it is calling “organic growth.” The East Providence, R.I.-based company delivered its cabling products to more than 175,000 customers around the world, with its ReadyChain division, which provides pre-harnessed chains and continuous-flex cables, leading the charge.
Gov. Phil Bryant and Nissan officials spoke Tuesday during a groundbreaking ceremony Tuesday near Canton. The manufacturing plant opened in 2003 and is about 15 miles north of Jackson, facing Interstate 55. The new supplier park will not be visible from the interstate.
Gov. Jay Nixon was joined Wednesday by leadership from CertainTeed Corporation at a groundbreaking ceremony for the company’s new $100 million manufacturing and distribution center in Jonesburg. The project is expected to create 100 new jobs.
Lacking access to the capital and resources of large corporations, small businesses can suffer lasting economic damage as a result of a single extreme weather event. For example, of the 60,000 to 100,000 small businesses negatively affected by Hurricane Sandy, up to 30 percent are estimated to have failed as a direct result of the storm.
A refrigeration compressor company will expand its factory near Tupelo, adding up to 150 new jobs over the next five years. Tecumseh Products Co. said Wednesday that it will begin making a new kind of compressor at its Verona plant, which already employs 350 people.
Salem, Va.-based QualiChem has announced that is has completed a major expansion if its headquarters, laboratory and manufacturing facilities. The company's Salem facility is now 70 percent larger, with 35 percent more space for quality control, R&D laboratories and manufacturing, plus 50 percent more floor space for raw material and finished goods.
The wave of potential expansion comes with concerns. An explosion at a Texas fertilizer plant in April killed 15 people in the community of West, highlighting the dangers of such facilities and how loosely they're regulated. But in communities like Tuscola, local officials say they're prepared to handle those risks.
An Illinois-based food service and food packaging manufacturer says it's expanding its facilities in North Carolina's Lenoir and Iredell counties, with additional plans to create 77 jobs. North Carolina Gov. Pat McCrory's office announced Tuesday that Pactiv LLC will invest more than $9 million in its facilities in Kinston and Mooresville.
The so-called “Tech Belt“ region of the U.S. has undergone explosive growth in the years since the Great Recession. In order to get more information about how that winning bid came together, and details about where NAMII is headed as it continues to grow, we sat down with Representative Tim Ryan, of Ohio’s 13th District, which includes both Youngstown and Akron.
Honeywell International Inc. has announced plans for $208 million in expansion projects at its Louisiana production sites in Baton Rouge, Shreveport and Geismar. The expansion projects are estimated to create 42 new jobs at the sites, with an average salary of $68,300.
The survey’s composite index is a leading indicator for the manufacturing sector. The June 2013 composite index advanced to 58 from 56 in the March survey, the second straight quarterly advance after 10 consecutive quarterly declines. For the past 15 quarters, the index has remained above the threshold of 50, the dividing line separating contraction and expansion.
Denso will invest approximately $51.4 million to expand the Silao plant, which will start producing air conditioners in October, to accommodate the new line for customers such as Ford Motor Co. and Toyota Motor Corp., as they increase production in the region.
The planned facility is a 2 million-square-foot manufacturing center. The Calhoun-based company in May announced that it would build two new plants in northwest Georgia. It has said it will hire 2,400 workers at the plants in Whitfield and Murray counties.
Toshiba International Corporation (TIC), headquartered in Houston, Texas, has announced today the completion of its control plant expansion, which provides an additional 107,000 square feet of manufacturing and office space. The company says the $20 million investment will double production capacity of its medium voltage adjustable speed drive product line.
Tempur Sealy International Inc. is planning a $13.3 million expansion of its manufacturing operation in Virginia's Scott County, where the company makes Tempur-Pedic mattresses and pillows. Gov. Bob McDonnell said Wednesday that the expansion is expected to create 42 jobs.