Plastipak Expands Rapides Parish, Louisiana Facility with $53.8M Investment
Plastipak Packaging will add 200,000 square feet of warehouse space and up to five new production lines as part of its $53.8 million facility expansion in Rapides Parish, Louisiana. This move is expected to create 15 new direct jobs, an estimated of 25 indirect jobs,...
Google Unveils $40B Texas Investment for AI and Cloud Expansion
Google announced a $40 billion investment in Texas to expand cloud and AI infrastructure, marking its largest U.S. investment to date. The plan includes three new data center campuses, strengthenonh energy capacity initiatives, and workforce training programs across...
500 PepsiCo Jobs Hit as Two Orlando Sites Close
PepsiCo is shutting down its longtime Frito-Lay plant in Orlando, affecting 454 workers as part of a broader restructuring effort. A second Orlando warehouse will close in May 2026, bringing total affected employees across both sites to 500. The company says the...
Fitch Ratings: U.S. Housing Economy Expected to Slow in 2025
The U.S. housing economy is projected to slow from 2.0% growth in 2024 to 1.1% in 2025, according to Fitch Ratings, as increasing tariffs, tighter construction labor, and weaker consumer and homebuilder sentiment weigh on the market. New home inventory is slightly...
Florida’s Green Industry Drives $42B Economic Impact
According to a news study by Farm Credit of Central Florida, Florida’s green industry generated nearly $42 billion in total economic impact in 2023, supporting 279,041 jobs across nursery production, landscape services, florists, and related sectors. The sector’s...
First Solar to Invest $330M, Add 600 Jobs in South Carolina
First Solar will invest $330 million to build a one-million-square-foot module manufacturing facility in Gaffney, South Carolina, creating an estimated 600 jobs and producing Series 7 thin-film solar modules. The new plant, set to begin commercial operations in the...
Regeneron to Invest $2B, Create 1,000 Jobs in Saratoga Springs, New York
Biotech giant Regeneron Pharmaceuticals plans to invest $2 billion to establish manufacturing operations in Saratoga Springs, New York, creating 1,000 new jobs. The project will renovate a 1-million-square-foot facility on Duplainville Road and is supported by up to...
Providence Swedish to Cut Nearly 300 Jobs Amid Financial Pressures
Providence Swedish plans to eliminate nearly 300 positions across its Puget Sound hospitals and clinics, affecting about 3.8% of its roughly 7,700 Seattle employees due to new state taxes, federal cuts, and reduced Medicaid and Medicare reimbursements. The layoffs...
Report: Port NOLA Supports 342k Jobs and Spurs $101.5B in Economic Activity
The Port of New Orleans reported strong growth across cargo, rail, and industrial real estate, with 2024 marine cargo activity generating $101.5 billion in U.S. economic value, including $31.5 billion for Louisiana, and supporting 342,150 jobs nationwide, 122,386 of...
$5 Billion in SBA Loans Frozen During Government Shutdown
The record-long federal government shutdown left roughly 10,000 small businesses nationwide unable to access $5.3 billion in SBA-backed loans, affecting manufacturers, retailers, and health care providers. While the shutdown has ended, a backlog remains, delaying...