The founding fathers may have used lottery tickets partly to fund the Revolutionary War, but even they couldn’t have foreseen how high the stakes would get in the new country they were helping mint. “We actually have a collection of antique lottery tickets from around the world signed by people like Thomas Jefferson and […]
Manufacturing
Japan-Backed Factory in South Georgia Aims to Offset Glass Bottle Imports
Arglass Yamamura LLC, a joint venture between a New York investment firm and a Japanese glass manufacturer, is investing $123 million to build a new plant in south Georgia with the goal of hiring 150 people, Gov. Brian Kemp’s office announced Thursday. Site work on the plant in Valdosta is already under way with the startup of the […]
Italy’s Rivacold Picks Gwinnett for $5M Plant
Rivacold, an Italian manufacturer of refrigeration systems, is investing $5 million to set up its first U.S. factory in Buford. The move will mean 140 jobs for the community, including skilled manufacturing positions, according to a news release from Partnership Gwinnett. The Montevecchio, Italy-based firm’s compressor systems and condensing units are used in the food, retail, medical, dairy and other […]
Georgia Foreign Trade Zone Program Benefits Japanese Companies (and Thousands of Their Local Employees)
Editor’s note: This commentary piece was written by Julie Brown, CEO of Georgia Foreign Trade Zone. Few bilateral economic relationships are as important to Georgia’s economy as its ties to Japan. Since the 1970s, the Peach State has repeatedly shown its friends in Tokyo that Georgia is a hub for investment and business opportunities. Our […]
Kubota Latest North Georgia Investment: An $85M Engineering Center
Japanese heavy equipment manufacturer Kubota North America Corp. is spending $85 million to build an engineering and design center on about 300 acres adjacent to its factories in Gainesville. It’s the latest expansion plan announced by the Osaka, Japan-based maker of tractors, mowers, utility vehicles and industrial equipment, which employs about 3,000 people already in Georgia. […]
NAFTA Debate Explores Need to Balance Free, Fair Trade for Georgia
Talking trade today — and especially NAFTA — often means maintaining civil discourse or delving into details, but rarely both. Getting too far into the weeds can lead to one side crying foul about specific disadvantages, while tiptoeing to avoid partisan passions can lead to only superficial discussion of real issues. Speakers from a variety […]
Germany’s Variotech to Set Up North American Headquarters in Atlanta
Germany-based Variotech, which helps manufacturers improve their packaging logistics, is setting up a North American headquarters in Atlanta to focus on the automotive and electronics sectors. The company plans to hire 20 people as a result of the move. Variotech makes hard plastic trays customized to transport complex “work pieces,” or parts, used on the factory floor. […]
Coastal Georgia Nets Swiss Firm’s First U.S. Factory
A Swiss manufacturer is investing $13.6 million to revamp a 47,000-square-foot factory in coastal Georgia’s Bryan County, creating its first production plant in the U.S. Preci-Dip, which makes electronic connector pins, plans to hire 100 people at the facility. Industry veteran John Mayer will head up the operations, according to a news release from Georgia […]
Market-Entry Advice for Foreign Investors Attending SelectUSA
Editor’s note: This article is sponsored by Arnall Golden Gregory LLP, a Global Atlanta advertiser. As foreign agencies and companies descend on Washington this week for the SelectUSA summit and then fan out for site visits around the U.S., one experienced Atlanta attorney has a word of advice: Do your homework, but don’t overcomplicate the investment […]
Gwinnett’s ‘Movers and Makers’ Once Again Show County’s Global Reach
Two of Partnership Gwinnett’s three manufacturing award winners and at least one company honored for supply chain excellence at the March 29 Movers and Makers awards have strong international connections. Both TOMCO2 Systems Co. (winner in the medium category, 100-199 employees) and Heatcraft Refrigeration Products (large, 200-plus), which operates under the tagline “Worldwide Refrigeration,” have […]
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