South Dakota Awards $30 Million in Funding for Statewide Economic Development Projects
South Dakota is set for an economic boost with the Governor's Office of Economic Development (GOED) approving $30 million in funding to be distributed towards various projects. This funding will support job creation, infrastructure upgrades, and business development...
ATG’s $6.2 Million Move to Florence County, SC to Boost Local Economy with 77 Jobs
Asset Technology Group (ATG) is investing $6.2 million to relocate its headquarters to Florence County, S.C. a move that will create 77 new jobs. The new 8,500-square-foot facility, set to starts its online operation in the fourth quarter, marks a significant...
White River Energetics to Invest $70 Million in Des Arc Facility; Creates 100 Jobs
White River Energetics (WRE), an ammunition primer and energetics manufacturer, announced its $70 million investment in Des Arc, Arkansas as it expands its facility in the said city, which includes a new $60 million smokeless propellant factory and an additional $10...
$40 Million Aluminum Processing Plant Breaks Ground in Logan County, Kentucky
Kentucky's metal sector celebrates a major milestone as Kentucky Aluminum Processors broke ground on their $40 million facility in Russellville, poised to create 75 new jobs for Kentucky residents. The new recycling facility, run by a joint venture between Tri-Arrows...
Pennsylvania Launches $20 Million Main Street Matters Program
Pennsylvania Lt. Gov. Austin Davis and Department of Community and Economic Development (DCED) Secretary Rick Siger announced that the $20 million Main Street Matters program is now accepting applications until November 15, 2024. Part of Gov. Shapiro's 2024-25...
Mid South Extrusion’s $17 Million Facility Investment Set to Create Jobs in Northeast Louisiana
Mid South Extrusion, a flexible film and bag manufacturer, is advancing Northeast Louisiana’s manufacturing sector and economic development with its announcement of a $17 million investment at its Ouachita Parish facility to install two new blown film extrusion lines,...
Meta Announces $800 Million Data Center in South Carolina
Meta has announced the development of an $800 million data center on a 715,000-square-foot site in Aiken County, South Carolina, marking a significant economic development milestone that is expected to create 100 jobs in the region. Scheduled to be operational by...
$92.5 Million Whiskey Project to Boost Economy, Tourism in Kentucky
Saga Spirits Group plans to invest $92.5 million in a whiskey-related project in Versailles, Kentucky, which will include a distillery, visitor center, and event space, and is expected to create 89 jobs and boost the local economy. Said project is supported by...
West Virginia Lands $219 Million in Economic Development Investments
Governor Jim Justice announced that three companies will invest $219 million in West Virginia, with Babcock & Wilcox, a leader in energy and environmental technologies, making the largest commitment at $125 million to Mason County. West Virginia Press...
JB Pritzker Announces 5-Year Illinois Economic Growth Plan
Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) last week launched Illinois' 2024 Economic Growth Plan. This five-year plan is designed to propel Illinois' economic growth by outlining strategies to attract groundbreaking...