June and July have seen major manufacturing investment announcements from Toyota, Electra and Wistron. Here are six other notable announcements ranging from ADM to TTM Technologies, in alphabetical order.
ADM
Agriculture company ADM will spend more than $103 million to modernize its North American headquarters in Decatur, Illinois.
According to Illinois Gov. J.B. Pritzker, the investment will create 50 new full-time jobs, and ADM will retain more than 1,000 full-time workers. ADM “operates one of the world’s largest integrated agricultural processing hubs,” converting corn and soybeans into fuel, ingredients and a variety of other products, Pritzker said in a statement.
The modernization project will involve upgrading soybean plant and corn wet mill facilities to replace control systems with newer technology. The project will “enhance soy crush and refining operations, improve isolate, textured vegetable protein, and other protein production lines, and modernize storage elevators and corn milling capabilities,” the statement said.
According to the statement, ADM is the largest employer in Decatur and received a tax credit from the state’s Economic Development for a Growing Economy program for commitments regarding employment and other matters related to the project.
BeOne Medicines
Cancer treatment manufacturer BeOne Medicines is set to begin a $300 million expansion of its Princeton West Innovation Campus in Hopewell Township, New Jersey.
The expansion will add a 145,000-square-foot, small-molecule manufacturing facility to a site that currently specializes in biologics production. Once complete, the entire site will encompass 545,000 square feet, according to an announcement from Hopewell Township. The investment is expected to create 120 new jobs.
"BeOne Medicine's $300 million investment at the Princeton West Innovation Campus is the culmination of 10 years of work in the redevelopment of the former Bristol Myers site," Hopewell Township Committee Member and Finance Liaison Kevin Kuchinski said in a statement. This investment will further diversify our tax base and help reduce the burden on residential taxpayers."
According to the announcement, BeOne Medicines received approval from the New Jersey Economic Development Authority for a Next New Jersey Manufacturing Program Award as part of the expansion. The incentive program is designed to encourage large-scale manufacturers to create high-quality jobs and strengthen key industries, the announcement said.
H-One
Automotive supplier H-One will expand its North American subsidiary, KTH Texas, by building a 300,000-square-foot manufacturing plant in Seguin, Texas. The company has committed to spending at least $100 million on the expansion, including construction, machinery and equipment, according to an announcement from Seguin.
The facility will use three automated press lines to produce ultra-high-strength steel and aluminum components, according to the news report. Construction is set to begin before the end of this year, and operations are scheduled to begin in April 2028. The plant is expected to employ 170 advanced manufacturing workers by 2031.
Jabil
Global engineering, supply chain and manufacturing solutions provider Jabil plans to invest more than $119 million on a new production facility in Marshall County, Mississippi. The project will support customers in the data center infrastructure market and create about 2,200 jobs, according to an announcement from Gov. Tate Reeves. It will be built on an existing 1.5 million-square-foot facility that Jabil is purchasing and renovating.
The project builds on Jabil’s previous $70 million investment to locate X-ray sterilization capabilities in Marshall County.
According to the announcement, Mississippi is supporting the project through its Mississippi Flexible Tax Incentive program. The state’s workforce development and strategy office AccelerateMS is also helping with the project, as is the Tennessee Valley Authority.
TTM Technologies
TTM Technologies completed a $130 million manufacturing facility in DeWitt, New York, adjacent to the company’s existing production facility.
The new plant will produce ultra-high-density interconnect printed circuit boards, primarily for the defense industry, as well as conduct related research and development. The facility is one of the first in the United States to specialize in manufacturing UHDI PCBs and advanced packaging, New York Gov. Kathy Hochul said in a statement.
According to Hochul’s announcement, New York’s Empire State Development will provide up to $17 million in tax credits in exchange for TTM creating 400 jobs at the new facility and retaining more than 600 existing jobs in the state. ESD also awarded TTM a $5 million capital grant for reimbursement for machinery and equipment. The company will receive a $30 million grant from the U.S. Department of Defense for the expansion.
