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The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets that existed during 2013, is narrowing in the United States as the nation’s recovery broadly diversifies ahead of many of its global counterparts.
Phil Bryant and officials from Nissan North America announced a major expansion at the automobile manufacturer’s Canton, MS, plant. Bill Krueger, vice chairman of Nissan Americas, said. Also in late June, Rolls-Royce North America broke ground on its second jet engine test stand at NASA’s John C. By Carla Higgins.
Heralding the rebirth of the original electric car brand, Detroit Electric has announced the establishment of its corporate headquarters on the 18 th floor of the iconic Fisher Building, located in downtown Detroit, with Don Graunstadt, CEO, North America Operations at Detroit Electric, signing a long-term lease. Rockerfeller Jr.
Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we’ve been telling people all these years,” Gov. The company extended its lease in Greenway Plaza in March of 2013. million in capital investment. Perry said. with more 29,000 employees in 14 major offices around the country.
Kubota Tractor Corporation plans to purchase 203 acres near its current leased facility in Edgerton, KS, where it will establish its North American Distribution Center (NADC). Kubota’s NADC will continue to receive and process shipments from Asia and Europe, in addition to a number of daily truckloads of goods from suppliers in North America.
The global company, which is headquartered in Boston, is investing more than $14 million to expand its operations center in Carmel, leasing 56,000 square feet in an adjacent building in the Parkwood Crossing office complex. Liberty Mutual employs more than 50,000 people in over 800 offices worldwide, including 1,430 in central Indiana.
Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants. The Elio Motors manufacturing facility will occupy approximately 1 million square feet of the more than 3 million-square-foot, former GM site.
percent, Mexico remains the second largest economy in Latin America and 13th in the world. The multi-million dollar lease and construction project will occupy 57,000 square feet. Despite being hard hit by the 2008-2009 worldwide economic recession, which contracted the country’s GDP by 6.5
What’s more, Arizona offers a robust portfolio of programs and resources supporting both large and emerging tech employers. In fact, the Arizona/Sonora, Mexico region makes up the fourth-largest aerospace supply chain in the world and the largest in North America. After leasing the U.S. City of Peoria).
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced. The QRT program is successful because it works with employers, workforce boards, colleges and school districts to find the best situation to provide training for new employees. megabits per second (Mbps).
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Other Greater Fort Lauderdale IT companies include Microsoft Latin America; Cbeyond, Inc., A burgeoning health care industry drives the regional economy in Pittsburgh. Pittsburgh, PA.
million to lease and equip the 91,000-square-foot facility. With its new Indiana operations slated to launch in summer 2018, the company will produce its heat- and cold-resistant plastic meal trays for customers in the retail, airline, institutional and bakery markets across North and South America. Photo: MCP.
We are investing in our students and workers so America can continue to have the most skilled workforce in the world.”. During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. This partnership accomplishes that goal.
Following the recent closure of $3,200,000 in venture funding, ChartSpan has signed a lease for nearly 100,000 square feet of office space. The company will run its clinical support operations from the new location, making ChartSpan one of the largest employers in the downtown area. ChartSpan Medical Technologies, Inc.
million to construct and equip a 150,000 square-foot office to house its headquarter operations at the Creekside Corporate Park in Zionsville, as well as lease more than 600,000 square feet of additional warehouse space in Indianapolis. Hat World, Inc. The Indiana Economic Development Corporation offered AB BioTechnologies, Inc.
Infrastructure and a workforce that specializes in industrial sector employment are two areas where many competing locals around the nation fall short when compared to Southwest Louisiana. Generally these sites are leased. The public will build to suit and issue bonds for buildings and lease them back to the business.
Prior to moving into the new plant this Spring, Bradley leased a smaller manufacturing facility in Milwaukee. “We look forward to Bradley’s next 90 years of innovation in America and abroad.” All jobs have moved to the new operation. Bradley also has its headquarters in Menomonee Falls, Wis.; and Chicago, Ill.
Highlights include the largest industrial spec development lease in the last five years in Broward County. The Alliance has a strong partnership with Broward County’s Workforce One employment center, securing nearly $1 million state and local training assistance for 1,107 employees in local companies. million paint shop.
The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance. Together, they employ thousands.
Targeted workforce development curriculum from the region’s community colleges makes advanced manufacturing one of the region’s top employers—both domestic and international. Other IT employers in Little Rock include AT&T Arkansas, SAIC, Verizon Wireless and Windstream Communications. Hunt and ABF Freight Systems.
FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. San Jose, CA, San Francisco and New Orleans took the top three places, respectively, in BF’s new Information Technology Employment Leaders metro ranking. manufacturing sector.
Leases range from 5,000 square feet to complete buildings. An excellent education network of primary and secondary schools appeals to employers and employees alike. US News ranked North Stafford High School as one of the best High Schools in America. Another employment growth area in Stafford County is Boswell’s Corner.
The Americas, thanks to the strength of the U.S. percent in 2016, as consumption growth and rising employment, combined with comparatively limited new supply levels, should simulate demand. In 2016, global prime rents across the three major property types—office, industrial and retail—are expected to grow 2.2
Franklin’s history includes the first public library in America, and the birthplace of Horace Mann who is considered the father of public education. The company also is taking advantage of two standard lease incentives offered by the QDC. Franklin is the complete package offering what businesses and families want. percent since 2012.
A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., This reverses a five-year trend that resulted in employment decreases of 9.4 aerospace and defense sector continues to be one of the top employers in the U.S. Acadiana is home to PHI, Inc.,
No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built. Map of U.S.
Rick Scott (third from right), company execs and Greater Fort Lauderdale Alliance officials hail the Emerson Latin America headquarters expansion ceremony in Greater Fort Lauderdale. In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet.
CoreSite intends to ensure the availability of high-capacity and high-speed lit services as well as a robust dark-fiber tether between NY2 and CoreSite’s NY1 location at 32 Avenue of the Americas in Manhattan, enabling CoreSite to provide seamless interconnection across its New York campus. Nathan Deal.
Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. Through our collaboration with Ports America, we’re moving the Port of Baltimore forward, creating jobs and connecting our State with cities and ports half a world away. THE BAYONNE BRIDGE IS RISING.
Michelin North America, Inc. Nikki Haley and friend hearld the expansion at Michelin North America. BauschLinnemann North America, a producer of surfaces and edge bandings for furniture makers, announced plans this summer to establish a new facility and its North American headquarters in Horry County, SC.
Located in the center of Florida’s largest metropolitan area with over 150 corporate and international regional headquarters already enjoying the benefits of a Greater Fort Lauderdale location—including such notable names as AutoNation, Citrix, DHL Americas, Elizabeth Arden, Embraer, Heico, Huizenga Holdings, Kaplan Higher.
Economic development partners, such as The Workforce Development Board of Oswego County, create opportunities to bring workers and employers together and collaborate with colleges and vocational schools to encourage the development of courses that enhance workers’ skills and meet the needs of employers. percent between 2008 and 2018.
The retail sector in the United States includes well over three million retail establishments and according to a report conducted by PricewaterhouseCoopers LLP, it is the largest private-sector employer in the U.S., supporting one out of every four jobs. Six properties are available in this area for a total of 137,324 square feet with a 39.73
The Black Forest Industrial Park, a 52-acre AdvantageSite in Ozark, AL, features a 29,580-square-foot building that is for sale or lease and can be adapted to clients’ specifications. The park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications. Toray views the U.S.
is one of the nation’s leading operators of general acute care hospitals and one of Tennessee’s largest employers. The organization’s affiliates own, operate or lease 199 hospitals in 29 states with approximately 30,000 licensed beds. The company operates the largest private electronic health record deployment in the world.
And what appears to be the early signs of recovery for commercial building may well end up being deferred by rising investor concern about employment growth and the near term prospects for the U.S. Design-Build Institute of America (DBIA). American Council of Engineering Companies (ACEC). Construction Writers Association.
” The Bureau of Labor Statistics projects 5.1 % employment growth for environmental engineers between 2018 and 2028. Headquartered in Canonsburg, Pennsylvania, Aquatech has offices throughout North America and has a significant presence worldwide through subsidiaries in Europe, the Middle East, India and China.
Congressional District, which includes Wheeling, is the third-largest industrial concentration in the United States, and Wheeling is counted among the top five manufacturing employment communities in the state. Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people. Of those jobs, 33.5
Other notable employers such as The Daily Herald newspaper maintain their corporate headquarters in Arlington Heights, while Nokia Siemens Networks, GE Healthcare and AT&T continue to have a substantial presence in terms of footprint and employment. Arlington Heights also remains a target of significant development.
However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. million of the 16 million vehicles produced in North America between January and November 2015. million in December from 18.2
Cloud’s Airport Industrial Park, an area certified as “Shovel Ready” under the Minnesota Department of Employment and Economic Development (DEED) Shovel Ready Site Certification Program. The company investigated nine separate regions in North America and visited more than 40 factories before choosing St. This is the first U.S.
All-System Aerospace, a warehouse distributor of helicopter and aircraft parts, has expanded within Islip and leased a larger building that allows them to keep up with market demand. Similar to CPI Aero, Sartorius Stedim North America also expanded their operations into a new facility, occupying an additional 40,000 square feet.
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