
Greenfield or brown, the money rolls on
When auto companies invest in new plants, the public takes notice. But turning raw ground into a new auto plant is just one piece of the economic force of automotive capital expenditure.
When auto companies invest in new plants, the public takes notice. But turning raw ground into a new auto plant is just one piece of the economic force of automotive capital expenditure.
The Automotive Communities Partnership learned something important about economic development more than 15 years ago. Businesses and supply chains don't confine themselves to the political boundaries.
The world sometimes gets the impression that the auto industry is slowing down, or even receding. That's not happening.
Ten months might not seem like enough time to build an automotive assembly plant from scratch. But that's the timeframe PSA Group needed in Morocco.
Hungarian officials believe the country's new $15 million Zalaegerszeg test track will become a magnet for future auto investment.
Automakers have long seen Turkey as a low-cost manufacturing opportunity, with a healthy supply of skilled and semi-skilled workers and a central location for easy access to the European Union, Eurasia and the Middle East.
Ford, Jaguar Land Rover and U.K. supplier GKN are all beneficiaries of a British investment fund that aims to keep the country's e-mobility development industry on the boil and position the country as the go-to place for European automotive r&d.
Germany's multi-year strategy of encouraging projects to invest in its less developed regions continues to fan economic development in the auto industry.
When Chinese SUV giant Great Wall decided to build a new r&d center in Europe to engineer electric drivetrains, it avoided the obvious locations of Germany and the U.K. It picked Austria instead.
The largest publicly announced investments in an automotive plant in France this year have come not from a French company, but from Toyota and Daimler.
Midwifing a new engine plant for Daimler was no small project for economic development officials in Poland.
Canada is home to a vibrant auto manufacturing industry and to leading expertise in emerging automotive technologies such as artificial intelligence, cybersecurity and data analytics.
The Detroit Region Aerotropolis Development Corporation is a four-community, two-county public-private partnership driving corporate expansion and new investment around Detroit Metropolitan and Willow Run Airports.
The U.K. car industry combines leading-edge technology with Europe's highest level of value added per worker.
Known for putting the world on wheels over a century ago, Michigan continues to be the place for businesses and entrepreneurs to shape the way we move today and the future of transportation mobility.
A dynamic business location with persuasive location factors, situated in the heart of Europe, North Rhine-Westphalia offers all this and more.
The future of mobility begins in North Rhine-Westphalia. It is here where investors find the best conditions for successful investments in smart mobility.
Ohio has always been an automotive powerhouse. Now we're leading the way in smart mobility, too.
Combining roots in automotive excellence with a collaborative, results-driven ecosystem, industry leaders are solving tomorrow's challenges today in Upstate South Carolina.
The Tennessee Valley Authority (TVA) is one of the nation's largest suppliers of public power, with 99.999 percent transmission reliability and the lowest industrial electricity rate among peer utilities.
Michigan and local officials believe there is a new life for Flint - a city that often symbolized the image of Rust Belt America. And the auto industry is making efforts to reconsider the once booming location.
Canada's Ontario province has struggled over the past decade. Now it is battling back -- determined to rekindle local manufacturing.
Alabama has been making it look easy to attract the auto industry for the past 20 years.
Braidy Industries Inc.'s plan to invest $1.3 billion in a greenfield aluminum rolling mill in northeastern Kentucky is a major auto supply chain project. But it is part of an ongoing phenomenon for the state. Since 2014, Kentucky has attracted more than $3 billion in aluminum-related investment - triple the investment in the segment there in the 12 years prior.
When the German supplier ElringKlinger looked at Fort Wayne, Ind., for a $23 million investment in green-tech automotive components this year, city officials moved fast to prepare.
As 2017 ended, Chinese tire manufacturer Triangle Tyre announced it would invest $580 million to build its first U.S. plant in Tarboro, N.C., creating 800 jobs at the eastern North Carolina site.
To build its first U.S. auto parts plant, Eldor Corp. zeroed in on Virginia as an ideal crossroads of land and sea.
When Fuyao Glass Industry Group considered building its first U.S. manufacturing site in 2013, the Chinese auto supplier opted to tailor its manufacturing operations into an existing site.
Like other Southern states, Georgia is out to attract auto manufacturing investments. But it also has its eye on a bigger prize: people.
For the economy of South Carolina, BMW AG has been the gift that keeps giving.
Denso Corp. launched plans last year to invest $1 billion in its Maryville, Tenn., parts manufacturing operations, deepening its East Tennessee roots, where it has invested about $3 billion over the past 30 years.