Economic Development News

Gradiant Technology Park, a 2.2-million-square-foot industrial development, is coming to Taylor, Texas, with a $50 million first-phase development investment by iMarketAmerica, a subsidiary of South Korea’s iMarketKorea. The park will feature manufacturing, R&D,...

Techo-Bloc has announced a $45 million investment to establish its first South Carolina facility in Lexington County, creating 46 new jobs. The new manufacturing plant in Cayce will produce hardscape products such as pavers, slabs, and retaining walls, with operations...

Marking a major step in its U.S. expansion, Earth Breeze has officially opened a $5.9 million laundry detergent sheets manufacturing facility in Harrodsburg, Kentucky, creating 226 full-time jobs. Governor Andy Beshear joined company and local leaders at the ribbon...

U.S. employers added 177,000 jobs in April, exceeding expectations and signaling continued labor market strength despite economic uncertainty from President Trump’s trade policies. The unemployment rate held steady at 4.2%, with gains led by the healthcare,...

Nelson Brothers LLC, a specialty chemical and explosives company, will invest $19.4 million to expand its operations at its Parrish and Samoset locations in Walker County, Alabama, creating five new jobs and enhancing its specialty chemicals operations. Through this...

Kimberly-Clark, a personal care and hygiene products manufacturer, will invest $800 million to build an advanced manufacturing facility in Warren, Ohio, creating 491 jobs in the region. The project was approved after the Ohio Tax Credit Authority recently granted a...

California has awarded $30.5 million in tax credits to seven companies through its CalCompetes program, part of the broader California Jobs First initiative. The recipients are expected to invest more than $2.1 billion and create new jobs in various sectors including...

Aerowerks, a food service industry manufacturer from Ontario, Canada, will open its first U.S. operation in Cherokee County, South Carolina, with a $10 million investment. The new facility will create 52 jobs and focus on assembling, designing, and manufacturing...

Over 400 employees at Adient’s automotive seat manufacturing plants in Tennessee will lose their jobs by June 27, as the company announces the permanent closure of its two plants in Henderson and Maury counties. The company began layoffs in April, with 95 workers at...

IBM has announced a $150 billion investment in U.S. manufacturing, including over $30 billion dedicated to research and development for mainframe and quantum computing to boost the economy. The move reinforces IBM’s long-standing commitment to American innovation,...