ISM® Reports Economic Growth To Continue In 2018
Economic growth in the United States will continue in 2018, say the nation’s purchasing and supply management executives in the December 2017 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009, as indicated in the monthly ISM® Report On Business®. The manufacturing sector is optimistic about growth in…
Fresenius Kabi to Increase Pharmaceutical Manufacturing in Wilson, NC
Fresenius Kabi, a German global health care company that specializes in medicines and technologies for infusion, transfusion and clinical nutrition, will expand its manufacturing operations in Wilson, North Carolina, creating 445 new jobs there over five years and investing more than $1oo million. The company, which currently employs more than 100 people in Wilson, will…
Medical Device Company Announces Plant in Anderson, SC
Arthrex, Inc., a global orthopedic medical device company, headquartered in Naples, Fla., is launching new manufacturing operations in Anderson County. According to Anderson County economic development officials, the $69 million capital investment is expected to create more than 1,000 new jobs over the next several years. “Arthrex is pleased to bring its innovative spirit and…
Sportsman Boats Manufacturing Expanding Operations near Charleston
Sportsman Boats Manufacturing is expanding its existing operations in Summerville, South Carolina. To grow its facility, the company is investing $3.5 million and creating 100 new jobs . Sportsman’s product offerings currently include 21 models of center consoles and bay boats. Ranging in size from 17-31 feet, the boats are designed for saltwater enthusiasts. “Sportsman Boats…
North Carolina Flies High to Become 4th Most-Attractive State for Aerospace Manufacturing
North Carolina has risen 14 spots to become the fourth most-attractive state in the nation for aerospace manufacturing, according to an annual study issued by global accounting firm PwC. PwC (formerly PriceWaterhouseCoopers) recently released its 2017 Aerospace Manufacturing Attractiveness Rankings, which help aerospace companies plan for future growth. The study assesses countries and states on…
Trane to Expand South Carolina Operations
Richland County, SC will be home to a new expansion project for an existing manufacturer. Trane, a leading global provider of indoor comfort systems and services and a brand of Ingersoll Rand, is expanding its existing operations. The business is projected to invest $96 million and create 700 new jobs to increase its overall flexibility…
Pfizer Expanding NC Plant in Push to Develop New Gene Therapies
Global pharmaceutical giant Pfizer is expanding its vaccine-manufacturing plant in Sanford, N.C., creating 40 new jobs there as the company prepares to produce new gene therapies built upon a technology first developed at the University of North Carolina at Chapel Hill. The Lee County expansion’s focus on gene therapy involves a potentially transformational technology for…
A Look at the Possible Economic Impact of the Atlantic Coast Pipeline
What does a massive North Carolina industrial complex that can churn out $1 billion worth of steel a year have in common with a processor of sweet potato-based food filler located 90 miles away? Both manufacturing operations ‒ Nucor Corp.’s steel plant in Hertford County and the Carolina Innovative Food Ingredients facility in Nash County…
AmbioPharm Expanding Operations in Aiken County
AmbioPharm, Inc. (API), a full-service peptide and biopharmaceutical manufacturing company, is expanding its existing Aiken County operations. The expansion is projected to bring $18 million of new capital investment and lead to the creation of 100 jobs over the next five years. “AmbioPharm continues to be grateful for the support that it receives from the…
New Biomass Facility Announced in Allendale, SC
Allendale County will be the new home for Thunderbolt Biomass, Inc., a manufacturer of wood pellets from sawmill residuals. The company will be investing $6 million, and creating 35 new jobs, as it building new processing operations in Allendale County. The company is planning to . “Thunderbolt Biomass is very pleased to announce its plans for…
