article thumbnail

Mexico-Based Company Building First U.S. Logistics Hub In Indiana

Buisness Facilities Contributed Content

“Transpoint Intermodal and its investors are pleased to make this investment in Northeast Indiana because we are convinced this is a needed service that will enhance shipping options into and out of the region,” said Jorge Medina, chief executive officer of Transpoint. Source: [link].

Indiana 41
article thumbnail

South Korean Steel Processor Adding 60 Jobs In Indiana

Buisness Facilities Contributed Content

POSCO, a multinational steel producer headquartered in Pohang, South Korea, will establish operations at the Port of Indiana-Jeffersonville , creating up to 60 high-wage jobs by 2018. This company could have established operations anywhere in the world, but has found exactly what it needed right here in Indiana.

Indiana 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transportation Grants Help Create 880 Jobs In Metro Detroit

Business Facilities

The Michigan Department of Transportation (MDOT) has awarded state Transportation Economic Development Fund (TEDF) Category A grants totaling more than $2.7 million to the City of Detroit and the Road Commission for Oakland County. Eligible road agencies include MDOT, county road commissions, cities and villages.

Detroit 47
article thumbnail

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

Presented by Penske Logistics and authored by transportation consultant, Rosalyn Wilson, senior business analyst at Parsons Corporation, the report tracks and measures all costs associated with moving freight through the U.S. The transportation sector of the logistics industry grew by 3.6 Costs for water transportation rose 8.9

Roads 41
article thumbnail

Autocar Chooses Alabama For $120M Investment

Business Facilities

Indiana-based Autocar is investing $120 million to open an Alabama heavy truck assembly operation with 746 jobs. The Indiana-based company’s extensive site selection process revealed that the Birmingham area had the “whole package” for the $120 million project, according to Autocar Chairman Andrew Taitz. “The

Alabama 43
article thumbnail

Benteler Steel/Tube Break Ground At Port Of Caddo-Bossler In Louisiana

Buisness Facilities Contributed Content

The seamless steel tubes produced by the facility will be used for the exploration and transportation of oil and gas, as well as for the generation of power and mechanical applications. The output of the new Louisiana facility will be destined for such locations as Illinois, Indiana, Ohio and Texas.

article thumbnail

Keeping Up With Advanced Manufacturing

Business Facilities

Eurotranciatura will also build a roughly 30,000-square-foot distribution warehouse near its current plant to accommodate growth and reduce transportation costs. INDIANA: BIGGEST SLICE OF THE PIE. The data comes from a recent report from the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana.