Koon Chun Brings 50 Jobs to Georgia With $70 Million Sauce Facility
Koon Chun (USA), a sauce manufacturer that specializes in Asian condiments, plans a $70 million investment to establish a new U.S. manufacturing headquarters in Gainesville, Georgia. This new 41-acre facility in Gainesville 85 Business Park is expected to create up to...
$250 US Visa Fee Could Cost U.S. $11 Billion in Tourism Revenue
President Trump’s new $250 visa integrity fee could deter travelers and cost the U.S. economy $11 billion in three years, according to a Tourism Economics analysis by Forbes. The fee applies to non-immigrant visa travelers from countries not in the Visa Waiver...
U.S. Manufacturing Jobs Continue to Fall, Hits Lowest Level Since 2022
has lost more than 4.5 million manufacturing jobs (-26%) while real manufacturing GDP rose 45%, with the hardest-hit sectors including computer and electronics, apparel, and machinery manufacturing. The Journal Record reported: ETQ reports the U.S. lost more...
Philips to Invest $150 Million in U.S. Manufacturing and R&D Expansion in PA, MN
Philips announced more than $150 million in U.S. investments, including the expansion of its Reedsville, PA, manufacturing facility and its Image Guided Therapy facility in Plymouth, MN. The Reedsville site will add 24,000 square feet of manufacturing space and 40,000...
Iowa Approves Incentives for Manufacturing Facillities and Recreation Project
The Iowa Economic Development Authority Board approved incentives for projects in Mount Pleasant, Keosauqua, and Boone. The awards include a $1 million forgivable loan and tax benefits for ContiTech’s $65 million facility expansion in Mount Pleasant, a $144,000...
Tech Giant Oracle Slashes Nearly 190 Bay Area Jobs
Oracle is cutting nearly 190 Bay Area jobs, according to WARN filings that detail 45 layoffs at its Pleasanton campus and 143 at its former Redwood City headquarters. The reductions hit software developers hardest, including six vice presidents, 25 directors and...
Dexter Salenda Tapped to Lead New Trade & Economic Development Role at Ports of Indiana
Global logistics veteran Dexter Salenda has been appointed as the Ports of Indiana’s first Foreign Trade and Economic Development Director, a newly created role to expand the organization’s Foreign-Trade Zone program. Salenda, who brings nearly 15 years of experience...
U.S. DOL Unveils $30 Million Program to Tackle Workforce Shortages
The U.S. Department of Labor is committing $30 million to its Industry-Driven Skills Training Fund to to address labor shortages. The program will reimburse employers that provide training in emerging and high-demand industries such as skilled trades, artificial...
Americold Opens $100 Million Import-Export Hub in South Kansas City
Americold has opened a $100 million, 335,000-square-foot Import-Export Hub in South Kansas City, creating nearly 190 jobs and advancing the region’s role in cross-border logistics. The facility will serve as a key hub for Canadian Pacific Kansas City’s Mexico Midwest...
$98 Million Biotech Center Boosts Jobs in Birmingham, Alabama
Southern Research has opened a $98 million biotechnology center in Birmingham, Alabama, doubling its lab capacity to accelerate research on cancer, chronic illnesses, and infectious diseases. The 150,000-square-foot facility, backed by state, local, and federal...