The Bowling Green Area Chamber of Commerce announced today that Alpla, Inc., an Austrian-based plastic packaging company, plans to establish manufacturing operations in Bowling Green, Kentucky, creating 72 new, full-time jobs and investing more $22.4 million in the Commonwealth.
“Finishing 2012 with the highest order total in 13 years certainly confirms the renaissance of U.S. manufacturing,” said Douglas K. Woods, AMT President. “This also shows the resilience of the industry in the face of GDP contraction in the fourth quarter, along with fiscal and political concerns that have been overshadowing much of the general economy.”
The confidence element of the PMI survey indicated that, overall, purchasing managers were optimistic in their expectations of the business environment over the next six months. According to the survey, 10.7 percent of purchasing managers expect more stability, 82.1 percent expect conditions will remain the same and 7.1 percent expect less stability.
Kentucky Governor Steve Beshar today announced that Newly Weds Foods will invest $57 million to build a new food production facility in Boone County. He was joined by executives from the company to outline the plan to create 115 job within a 326,000 square-foot facility in Erlanger, Ky.
American Axle & Manufacturing Holdings Inc. said Friday that it will spend more than $100 million on a Michigan manufacturing plant to add new production lines, increase shipping capacity and other items. The investment is expected to create 500 jobs and help the company expand its product lineup and customer base in North America.
U.S. manufacturing activity grew at a faster pace in January behind an increase in new orders and more hiring at factories. The Institute for Supply Management said Friday that its index of manufacturing activity jumped to 53.1 in January from 50.2 in December, the trade group said Friday. It was the highest reading since April, when the index hit 54.1.
CCAM’s membership includes global manufacturers such as Rolls-Royce, Canon, Siemens and Sandvik, as well as Virginia Tech, the University of Virginia and Virginia State University. The research collaboration elevates the profile of business opportunities in Virginia, especially for companies that work closely with CCAM’s manufacturing members.
General Motors says it will spend $200 million on a new testing facility at its Pontiac, Mich., engine and transmission engineering headquarters. The company says the new 138,000-square-foot wing will let it consolidate operations from four other facilities and add 400 jobs in Pontiac.
The 12,000 sq. ft. facility houses the company’s engineering, sales and service staff with on-site resource for machining, fabrication and assembly. Additionally, the new facility houses three Reika rotary head tube/pipe cutting machines that are available for demonstration, prototype and volume production.
According to PwC’s survey, 48 percent of respondents expressed optimism about the 12-month outlook for the U.S. economy during the fourth quarter of 2012, up 11 points from the third quarter, while only seven percent were pessimistic. 83 percent of respondents forecast revenue growth at their own companies for the next 12 months.
Dow Chemical CEO Andrew Liveris says advanced manufacturing is coming back to America and will drive our economy. Liveris argues that technology became the new word for manufacturing since technology has to be researched and made.
General Motors is investing in a $600 million upgrade at its assembly plant in Kansas City, Kan. The automaker said Monday it will start construction this year on a 450,000-square-foot paint shop, a new stamping press and other improvements at the Fairfax Assembly Plant.
A company that produces materials for smartphones and tablet computers plans to build a new manufacturing facility in rural central Missouri. Brewer Science Inc. said Thursday that it expects to add 65 new jobs over the next five years as part of its expansion at the Rolla National Airport.
State officials say they have approved incentives for 14 business expansions that could generate more than $1 billion in investments and about 4,600 jobs in Michigan. Gov. Rick Snyder announced Wednesday the Michigan Strategic Fund approved the performance-based grants for projects across the Lower Peninsula.
The facility, previously operated by Material Sciences Corp., was purchased in June 2010 for $4.9 million in cash and has since been substantially revamped and modernized to become state-of-the-art. The opening represents the extension of NCI’s coil coating operations into the upper Midwest and Northeast.
South Carolina continues to stand out as a top destination for foreign investment, ranking first in attracting jobs through foreign investment, according to an analysis by IBM-Plant Location International (IBM-PLI). The Palmetto State ranked above Texas and North Carolina, which were ranked second and third, respectively, in the 2012 report.
Jack Truong, president and CEO of Electrolux Major Appliances North America, led about 100 people on Tuesday's tour of the nearly completed 750,000-square-foot plant in Memphis. At top production, the plant is expected to make 600,000 Electrolux and Frigidaire ovens and ranges that will be sold by dealers and national retailers.
Ford Motor Company has announced plans to hire 2,200 salaried workers in the U.S. during 2013 as part of its effort to accelerate the pace of developing its lineup of cars and trucks. The company says more manufacturing, product development and IT staff are necessary to meet growing demand for high-technology vehicles.
BMW Manufacturing achieved a record production year throughout 2012, with total production landing at 301,519 vehicles for the year. The company says this represents a 9 percent increase over volume for 2011, during which it produced 276,065 vehicles, and is the highest annual volume recorded in the Spartanburg plant’s 19-year history.
Kiswire Inc., a maker of steel cord for the tire industry, will expand its manufacturing operations in Newberry County. The first phase will involve a $15 million investment that is expected to generate 30 new jobs. The company expects to begin construction on the building this quarter and begin production at the facility by the end of 2013.
Intelligrated, a leading North American-based automated material handling solutions provider, announces the grand opening of its 122,000-square-foot headquarters expansion in Mason, Ohio. With a combined area of 262,000 square feet, Intelligrated’s headquarters will accommodate an ongoing increase in engineering, research and development staffing.
Gov. Andrew Cuomo, announcing the project Tuesday, says it is expected to result in at least 500 new jobs at the new technology center on the company's campus in rural Saratoga County, as well as 500 more jobs at its administration and manufacturing buildings.
GE Aviation and Marysville, Wash.-based SeaCast Inc. announced Thursday that they have established a joint venture — Montana Precision Products — to produce jet engine components at SeaCast's facility in Butte. Company officials say the venture will enhance GE Aviation's global supply chain as its engine production rates continue to rise.
A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it plans to build three-wheeled, low-price vehicles. The company said it averages 65 miles per gallon of gas and will sell for $6,800 when commercial production begins in mid-2014.
Ford is spending about $773 million to expand six Michigan manufacturing plants while adding 2,350 factory jobs in the state, part of a broader investment plan announced last year. The expansion should help increase manufacturing of transmissions and axles as demand grows for fuel-efficient cars and F-Series pickup trucks, Ford said Thursday.