Amazon Hiring 250,000 Workers Ahead of Holiday Rush
Amazon is adding 250,000 full-time, part-time, and seasonal positions across its U.S. fulfillment and transportation network, including its largest hub at CVG in Northern Kentucky. The company is investing over $1 billion in additional pay and benefits, bringing...
Deloitte Survey Finds U.S. Consumers Gloomy Ahead of Holiday Season
A new Deloitte survey shows that 57% of U.S. consumers expect the economy to weaken in the year ahead, which is the most negative outlook since the firm began tracking sentiment in 1997. Shoppers plan to spend an average of $1,595 this holiday season, about 10% less...
AllianceTexas Drives $834.6 Million in Trade
A new report from the Texas Comptroller’s office shows AllianceTexas generated $834.6 million in international trade in 2024, marking a 550.7% increase since 2016. Acting Comptroller Kelly Hancock said the logistics hub exemplifies how innovation and infrastructure...
Louisiana Launches $150M FastSites Initiative
Louisiana has launched FastSites, a $150 million program aimed at transforming land and existing infrastructures into project-ready sites for new investments. The program, funded through the Site Investment and Infrastructure Fund created by Act 365, emphasizes speed,...
Axium Packaging Expands in Central Ohio with $45 Million Investment
Axium Packaging will invest $45 million in a new 300,000-square-foot facility in Jersey Township, expanding tube manufacturing operations and adding a specialized warehouse. The project, which will create 70 new jobs and retain over 1,200 existing positions, will...
EquipmentShare Expands Louisiana Footprint with $187 Million Investment, Opens Ninth Branch
EquipmentShare has opened its ninth branch in Louisiana with a new Core Solutions facility in St. Tammany Parish, marking the start of a five-location expansion that will add 120 new jobs and bring its statewide total to 13 sites. The said national...
Manufacturing Layoffs Sweep Across U.S. as Industry Adjusts to Economic Pressures
A wave of plant closures and layoffs is rippling through the U.S. manufacturing sector amid shifting market conditions. Akebono Brake Corp. will lay off 450 workers in Kentucky, Revvity will cut 76 positions in Massachusetts, Gates Corporation will eliminate 110 jobs...
Insurer Partnerships with Diverse Businesses Strengthen California’s Economy
Insurance companies’ partnerships with small and diverse-owned businesses contributed $6.7 billion to California’s economy, a new report from the California Department of Insurance shows. The contracts resulted in $6.7 billion in total economic output, supported...
Tourism Generates $1.4 Billion for Riverbend Region
Tourism brought a $1.4 billion economic impact to Illinois' Riverbend area in 2024, supporting 9,600 jobs and generating $51.6 million in local taxes, according to the Great Rivers and Routes Tourism Bureau. Most spending occurred in Madison County, fueled by growing...
Whirlpool to Invest $300 Million in Ohio Expansion, Creating Up to 600 Jobs
Whirlpool Corp. will invest $300 million to expand its manufacturing facilities in Clyde and Marion, Ohio, a move expected to create at least 448 and up to 600 new jobs. The investment will boost production capacity for the company’s next generation of washers and...