Lake Charles Methanol Announces Plan for New $3.2 Billion Manufacturing Plant in Southwest Louisiana

WESTLAKE, La. – Lake Charles Methanol II, LLC (LCM) announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles. The company plans to use advanced auto thermal gas reforming technology and employ…

Siemens Energy Selects Mecklenburg County, NC For Upcoming Expansion

Charlotte, North Carolina –  Siemens Energy, one of the world’s leading energy technology companies, has selected Mecklenburg County for its advanced manufacturing facility to produce large power transformers. The company will invest $149,859,000 and bring 475 new jobs to Charlotte.
“Manufacturing large power transformers in the United States…

Governor Moore Announces AstraZeneca to Expand Manufacturing Operations in Montgomery County, Maryland

BALTIMORE, MD — Governor Wes Moore announced that AstraZeneca, a global science-led biopharmaceutical company, is establishing a new manufacturing facility in Rockville. The company is investing $300 million in a state-of-the-art facility located at 9950 Medical Center Drive, where it will launch its life-saving cell therapy…

Louisiana Tops $25 Billion in Capital Investment in 2023, Marking Seventh Straight Year of Economic Development Growth

BATON ROUGE, La. – Business investment in Louisiana reached historic levels in 2023, as private companies announced plans to invest more than $25 billion in economic development projects across the state. It was the state’s seventh consecutive year-over-year capital investment growth, and the third consecutive year that project…

Zeus Celebrates Grand Opening

Arden Hills, MN — Zeus, a global leader in advanced polymer solutions, recently commemorated the grand opening of its Minnesota facility in Arden Hills. The state-of-the-art catheter manufacturing facility is expected to create more than 100 jobs.

“Establishing a presence in Minnesota will create opportunities for innovation and…