Wednesday, October 28
U.S. business · Source-linked news
New jobs, domestic production, and businesses taking their next step. The developments, the evidence, and the caveats.
Logistics software company Nash Technologies says its Charleston expansion is already operating and is expected to add about 30 jobs over the next five years.
The U.S. Census Bureau reported that September orders for manufactured durable goods increased $6.3 billion to $345.4 billion, the sixth increase in seven months.
The North Dakota Development Fund approved $6.3 million in loans for four companies pursuing relocation, expansion, child-care capacity, inventory and a new drone-battery manufacturing plant.
The Clearing House plans an $11.5 million Charlotte expansion with 200 projected jobs supporting the payments infrastructure that clears and settles more than $2 trillion each business day.
Bracco plans to invest $230 million in its first U.S. contrast-media manufacturing plant in Sanford, North Carolina, with 200 projected manufacturing, engineering and support jobs.
The Energy Department announced a conditional loan commitment of up to $5 billion for uprates and modernization across Constellation Energy's nuclear fleet in Illinois, Maryland and Pennsylvania.
Navajo Transitional Energy Company signed a three-year coal supply agreement valued at more than $100 million to ship coal from its Spring Creek Mine in Montana to Malaysia's largest electric utility.
USDA Rural Development announced more than $14.5 million in financing for fiber-to-the-premises service across seven western Wisconsin counties.
EDA intends to award $7.4 million to a Georgia coalition developing uses for storm-damaged timber and more resilient agricultural supply chains.
EDA intends to award $24.8 million for an advanced-manufacturing certification program and process-optimization equipment in southwest Virginia.
The U.S. Economic Development Administration intends to award $43.1 million for a maritime industrial hub, floating dock and water-system improvements in Wrangell, Alaska.
Each summary links to its source. Plans are labeled as plans, company claims are attributed, and material caveats stay in the story.
How we select stories