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Monday, 2 December 2019

Affordable advice for the World’s smallest business


Interview of Duncan Collins, Founder of Runagood by Christian Dillstrom



Interview of Duncan Collins, Founder of Runagood by Christian Dillstrom



My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for fourth year running.

My tens of millions of monthly global business readers just love to read interviews about their peers and therefore I started an article series in which I interview interesting business people around the globe.

Please enjoy my interview of Duncan Collins!

-- Christian Dillstrom

- - -


WHO IS DUNCAN COLLINS?
Duncan is 73 years old Founder from London, UK.
He works at Runagood.com Ltd in AI-driven Business Consultancy industry.


ESSENTIAL 11 QUESTIONS AND ANSWERS

1. What is your education?
I was expelled from the UK’s top state grammar school for being a poor student caused by spending so much time with classmates out of school who became Pink Floyd.

I joined a motor parts business to be trained as the founder’s childless successor and embarked upon a three year management development programme at a top business school. It was the precursor to what is now a practical MBA, if there is such a thing.

2. What is your work experience?
  • 7 years managing motor parts branches
  • 3 years managing Volkswagen UK motor parts distribution
  • 13 years in the Mazda Cars UK start up first, setting up the dealer network, then directing the after sales service operations
  • 3 years directing MCL Group’s £20m diversification strategy, including Ferrari cars acquisition
  • 22 years leading UK government multi £billion small business performance improvement strategy that raised international competitiveness from 21st to 7th place
  • 10 years building artificial intelligence (AI) to make business advice available to, and affordable by, the world’s smallest businesses

3. What other kind of experience do you have?
  • Franchising
  • Import/export
  • Network management
  • People management
  • Financial management
  • Technology development
  • Mergers and acquisitions
  • Start ups
  • Fundraising

4. What are your strengths?
  • Visioning
  • Invention
  • Product development
  • Leadership
  • Persistence
  • Problem solving

5. What are your weaknesses?
  • Idealism
  • Perfectionism
  • Refusal to quit
  • Risk taking
  • Impatience

6. What can you do for an organization?
I can turn any professional services firm into a profitable ‘Whole Business’ Centre able to solve every problem for any business affordably yet profitably.

7. Why are you better than your colleagues in other organizations?
I have no competition. And actually that’s a problem because what I’ve invented doesn’t fit any recognisable box. It’s a ‘new box!’

8. What are the biggest challenges in your work?
Persuading accountants to convert their practices to Runagood® Business Centres. This is tailor made for them and they know it but their standard personality profile conflicts with the need to do something that will rescue them from decline in compliance work. It’s a paradox!

9. What does your organization do in its industry?
Makes affordable advice available to the world’s smallest businesses by reducing costs by 99%. Yes that’s not a a misprint! And despite that it’s still profitable for accountants to deliver. They are the most logical distribution method and are badly in need of diversification into ’whole business’ advice.

10.What are the unique selling points of your organization?
  • The speed and low cost of providing performance and value improvement to any business, anywhere, anytime
  • Democratising business advice

11.What are the biggest sales challenges in the industry of your organization?
  • Conservative attitudes amongst accountancy practices
  • Scepticism in the business advisory community, institutions and government, despite my offering free usage of the online technology.
  • A desire to shoot down anything new
  • Fear from lenders and investors.
  • Having to finance everything myself
- - -

You know, we are born with a five-million-year-old reptile brain which is programmed to instantly decide when confronted with something new:
- ”Can I eat this?”
- ”Can it eat me?”
- ...If in doubt, run!

The trick I need to master is how better to engage the recent homo sapiens brain, and for long enough, to evaluate the sheer scale of the opportunity. In the UK alone this is a £16bn per annum market for the taking. Worlwide, more than £250bn pa.

So what does Runagood® AI technology do?
For any business, anywhere, anytime, in 10 minute bites, it:
  • Analyses current, detailed performance and value for every activity stream
  • Forecasts future, detailed performance and value for every activity stream
  • Compiles detailed plans for specific and detailed performance and value improvement
  • Identifies the practical actions to take
  • Provides implementation support through a local, certified, AI Business Advisor®

Sunday, 10 November 2019

Polish Skincare Company Opens First U.S Office In West Virginia



My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for the fourth year running.

In addition, I serve my client US Southeast Region Collaborative as a Global Growth Ambassador.

As I am honored to serve this great region, it is my pleasure to publish content about US Southeast Region for my tens of millions of monthly global business readers.


-- Christian Dillstrom
 

---



BANDI Laboratories recently celebrated the opening of a sales and distribution center in Martinsburg, WV. The company plans to open a U.S. manufacturing facility within five years.




A Poland-based company that has made skincare products for more than 30 years has located its first branch in the United States.

BANDI Laboratories recently celebrated the opening of its initial sales and distribution center in Martinsburg, WV.

The office is located in The Hub, a business center and community space in downtown Martinsburg. BANDI plans to establish a U.S. manufacturing facility within the next five years.

“We are happy to be here in the beautiful state of West Virginia,” said CEO Joanna Draniak-Kicińska.

“We appreciate all the help and positive motivation we received from the state and local authorities. We strongly believe that this humble beginning will grow up into a thriving business, a significant contribution to local society.”

The family-owned business was founded in 1986 by Draniak-Kicińska’s mother, now retired. Draniak-Kicińska and her husband Michał Kiciński, together with their two young daughters, have moved to the U.S. to launch the new branch.

“On behalf of the Development Authority, I am thrilled to welcome BANDI to Berkeley County,” said Sandy Hamilton, executive director, Berkeley County Development Authority.

“They are an impressive, innovative, family company that we embrace as members of our extended business family.”

BANDI chose West Virginia as a result of a chemical/polymer trade mission organized by Discover the Real West Virginia Foundation and the West Virginia Development Office (WVDO).

The WVDO International Division recruited companies from around the world to attend this event and continued to work with BANDI afterwards by assisting the company throughout its decision process and also provided guidance on helping the family move to and settle in the U.S.

from BusinessFacilities.com

Opportunity Zones: Window Of Opportunity


My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for the fourth year running.

In addition, I serve my client US Southeast Region Collaborative as a Global Growth Ambassador.

As I am honored to serve this great region, it is my pleasure to publish content about US Southeast Region for my tens of millions of monthly global business readers.


-- Christian Dillstrom

---


The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.


The U.S. Treasury Department has designated 8,764 opportunity zones (known as Qualified Opportunity Zones, or QOZs) in all 50 states, the District of Columbia and five U.S. territories.

Nearly 35 million Americans live in areas designated as Opportunity Zones. These communities present both the need for investment and significant investment opportunities.

Based on data from the 2011-2015 American Community Survey, the designated regions had an average poverty rate of over 32 percent, compared with the 17 percent national average.

Additionally, the median family income of the designated tracts were on average 37 percent below the area or state median, and had an unemployment rate of nearly 1.6 times higher than the national average.

“We anticipate that $100 billion in private capital will be dedicated towards creating jobs and economic development in Opportunity Zones,” said U.S. Treasury Secretary Steven T. Mnuchin.

“This incentive will foster economic revitalization and promote sustainable economic growth, which was a major goal of the Tax Cuts and Jobs Act.”

The Treasury Dept. issued its first set of IRS regulations last October, clarifying which gains qualify for deferral, which taxpayers and investments are eligible, the parameters for Opportunity Funds and other guidance; a second traunch of IRS rules for QOZs was issued in April.

The Opportunity Zone incentive offers capital gains tax relief to investors for new investment in designated areas.

Investment benefits include deferral of tax on prior gains as late as 2026 if the amount of the gain is invested in an Opportunity Fund (QOF). The benefits also include tax forgiveness on gains on that investment if the investor holds the investment for at least 10 years. 

Opportunity Zones retain their designation for 10 years, but under the proposed regulations, investors can hold onto their investments in Qualified Opportunity Funds through 2047 without losing tax benefits.

Treasury’s QOZ designations were based on nominations of eligible census tracts by the state governors. Each state nominated the maximum number of eligible tracts, per statute, and these designations are final.

The statute and legislative history of the Opportunity Zone designations, under IRC § 1400Z, do not contemplate an opportunity for additional or revised designations after the maximum number of zones allowable have been designated in a state or territory.

Based on IRC 1400Z-1, designations are based upon the boundaries of the tract at the time of the designation in 2018, and do not change over the period of the designation, even if the boundaries of an individual census tract are redefined in future Census releases.

According to a report from Real Capital Analytics, there is more than $6 trillion in unrealized capital gains eligible to be deployed into QOZs.

Several states have enacted enhanced tax credits to amplify the impact of the federal QOZ program.

For example, legislation recently introduced in the Michigan State Senate would create a tax credit for qualified research and development expenses related to the automotive industry in QOZs.

S.B. 378 would allow a credit for a percentage of the difference between the taxpayer’s R&D expenses in a QOZ and expenses in a QOZ during the three-year base period, with a formula to determine the credit if the taxpayer didn’t incur qualified R&D expenses in the base period.
 

TOPEKA, KS HAS THREE OPPORTUNITY ZONES

The wonder of OZ can be found in Kansas when stepping into Topeka.

With growing vibrancy and a palpable energy toward progress, a trip to Topeka is a trip to an emerald world of endless investment possibilities, thanks, in part, to the three new opportunity zones established here.

While other rural counties and particularly blighted city areas were also granted opportunity zones, Topeka’s are situated in a dynamic core of resurgence.

From the residential-commercial downtown to the riverfront green space to the growing NOTO arts district and the well-established industrial district, Topeka’s dynamic core is steadily becoming a huge asset to Topeka.

This variety and rejuvenation isn’t seen in other opportunity zones.

Topeka’s downtown is a mixed-use development of commercial, retail and residential.

Over the last few years, it has seen tremendous growth with the additions of new restaurants, breweries, shops and a boutique hotel. There will also be a plaza opening in the spring that gives new space for concerts and events, while also adding to the beauty and livability of the area.

These advances have helped the downtown hit a stride as one of the best spots in Topeka not only to live, but also to invest. Similar growth is happening in NOTO and the riverfront.

Local boutiques, restaurants and arts centers are reshaping the area and turning NOTO into a hub for artistic-minded individuals. In addition, parks and green spaces are beginning to pop up throughout the area, helping bring even more people to NOTO.

These areas may be going through a resurgence, but that doesn’t mean they aren’t still capable of massive growth.

According to a recent study by Development Strategies, just within its dynamic core, Topeka can support 690,000 more square feet of retail, 300,000 more square feet of new or rehabbed office space, 900 new or rehabbed housing units and 200 new hotel rooms.

The city has a market and a need for business and Topeka is invested in bringing it here.

There is a reason why corporations, including Frito-Lay, Mars Chocolate, Goodyear Tire & Rubber, Home Depot, Target and many more have chosen Topeka as their home. The city is situated in the middle of the U.S. with an infrastructure built for business.

Moreover, Topeka’s three opportunity zones are all situated within a few minutes of interstate highways and class I rail systems.

Within one day, goods shipped by truck reach 25 percent of the U.S. population and 90 percent by day two.

The cost of living in Topeka is 7.4 percent lower than the U.S. average and the cost of business is 15 percent less than the average as of 2018.

Topeka has the workforce to support growing companies.

Within 60 miles of Topeka, there are three universities—the University of Kansas, Kansas State University and Washburn University, along with a technical school, Washburn Institute of Technology—producing over 13,500 highly educated students graduating annually.

Washburn Tech also works closely with businesses and industries in Topeka and Shawnee County to ensure that students are learning practical skills that lead to great jobs available in the community.

If having the culture, people, business assets and infrastructure isn’t enough, stack on the aggressive local incentives. Topeka offers cash grants for jobs, investments and training.

Topeka is special because its opportunity zones are just that: opportunities. The city has a dynamic core that is growing, but ready to take on further investment.

There is a need for business and a market to support it. While other OZs may be risky, Topeka’s continued revitalization, market capability, aggressive incentives and growing workforce makes it easy to call the land of OZ “home.”

 

A QOZ IN HISTORIC MIDDLETOWN, CT

The City of Middletown makes it easy for investors who want to build quality developments.

It understands time is your money and therefore made its land use processes swift, certain and smart. 

City staff works with investors from conception to completion and beyond to ensure your project meets all of the City’s requirements, making it easy for you to complete your projects on your time and within your budget.

Middletown has a dedicated partner located downtown, the Middlesex County Chamber of Commerce and its 2,500+ members. It is by far the largest Chamber in Connecticut and the 2nd largest in New England.

The City and Chamber are partners on all things economic development. They work together to ensure your project is successful by helping you through the approval process, promoting it once it is done and helping you recruit tenants.

Middletown invites you to look into its Opportunity Zone, which is strategically placed in the center of its historic downtown. The City owns a ready-to-develop site which overlooks the scenic Connecticut River.

It comprises two City-owned lots which, taken together, total approximately 2.3 acres. In addition, there is an adjacent private one-acre lot. It is easily walkable to more than 60 restaurants and dozens of retailers and entertainment venues.

The City site currently is a parking lot for both City employees and the public. It is a short walk (500 feet) to the heart of Main Street. An automobile business, which is constrained by its site, owns the private property.

The three lots total approximately 3.3 acres. City staff will arrange all meetings with City leaders and the private property owner to discuss your Opportunity Zone project.

This site is in the City’s B1 Downtown Zone which allows, by right, the traditional downtown uses, including retail, residential, entertainment and office. The regulation allows mixed use. The B1 Zone is its most broadly-based zone.

There are fabulous views, in both directions, of the scenic Connecticut River from this site.

Plus, the Connecticut Department of Transportation has a plan to connect this site to the City’s Harbor Park via a walking bridge over Connecticut Route 9. It will connect to an existing City walkway to Main Street. So the site will be connected to both Main Street and Harbor Park.

The City has completed the environmental studies and, as public documents, will share them with prospective developers. They show minimal contamination.

They also have numerous studies, including one for expanding Harbor Park along the river for a mile, a downtown residential study and a market analysis.

There are three major downtown employers which could provide any investor an ample source of residential tenants.

Wesleyan University with its 2,950 students and 650 staff; Middlesex Health with 3,000 staff; and the Community Health Center and its 300+ plus staff are all less than a half-mile, a ten-minute walk, from the site.

Staff will arrange meetings with these and other businesses to assist you in marketing your Opportunity Zone project.

Middletown and its economic development partners will help you all the way through the process from conception, to approval and beyond construction.

These Opportunity Zone sites, taken together, are ready for the right developer who understands a small, vibrant City like Middletown.

The City is home to four major industry clusters. Pratt & Whitney (PW) anchors the aerospace cluster. It assembles jet engines for both commercial and military purposes in its 400,000+square-foot plant. 

PW is supported by more than 20 sub-contractors in town. Together PW and its contractors support more than 3,000 aerospace jobs.

Both Middlesex Health and the Community Health Center anchor the City’s health sector along with other health services providers.

Middletown’s distribution and logistics cluster features newcomer FedEx (535,000 square feet), Electrical Wholesalers, Thames River Paper and Winsupply, among others.

The City’s strategic location on I-91 and one-day drive to Ohio, Virginia and Canada makes the region attractive to logistics companies.

The City’s central location also has attracted more than a dozen engineering firms. These firms, along with PW and its contractors, have made Middletown a mecca for engineers.

Entrepreneurs, start-ups and early-stage businesses now have a home in the Chamber’s Middletown Entrepreneurs Work Space (MEWS+). It is a place for them to co-work, learn from each other and take advantage of the Chamber’s wrap-around services. 

The MEWS+’s “Lunch and Learn” programs and monthly pitch contest, “Collision”, continue to bring entrepreneurs from around the region to Middletown. The City is home to more than 300 businesses being operated out of the homes.

Middletown, its economic development partners and business community welcome new investors and businesses.

 

PARSONS, KS OPPORTUNITY ZONE COVERS MAJOR MARKETS

Located in the four states region of Kansas, Missouri, Oklahoma and Arkansas, the Parsons Kansas Federal Opportunity Zone, officially registered as zone #20099950400, is a short distance from major markets such as Joplin, MO (60 miles); Tulsa, OK (90 miles); Springfield, MO (120 miles); Wichita, KS (130 miles); and Kansas City, MO (150 miles).

It also is 90 miles from Tulsa’s Port of Catoosa and 130 miles from the intermodal facility at Kansas City’s Logistics Park.

The central location creates easy solutions to logistical challenges and is second to only the commitment of the local economic development department to be a true partner with any project that is located in the zone.

Tax incentives through neighborhood revitalization programs that offer 100 percent for ten years to qualified commercial development also are a part of the attractiveness of this Southeast Kansas location.

An active industrial park currently sits within City limits and within the Zone offering pre-designated commercial and industry opportunities, available buildings and full utilities, including high speed data. 

The Zone also sits Adjacent to the Great Plains Industrial Park, a former Army ammunition plant recently decommissioned that now provides more than 6,000 acres ready for development along with a 24/7 secured perimeter and specialized storage and warehousing space.

Situated in Labette County, just outside of the city limits of Parsons in Southeast Kansas, Great Plains offers globally competitive opportunities for your business.

Its central location in the U.S. and on-site assets at the park allow for ease of access to all major markets.

The acreage that comprises the industrial park was originally amassed to form the Kansas Army Ammunition Plant (KSAAP) during WWII. Today, the park encompasses 13,951 total acres.

Of this total acreage, approximately 6,800 acres are owned by Great Plains Development Authority and are ripe for redevelopment.

With the availability to break the property into various tract sizes, Great Plains can accommodate the needs of your business. 

The industrial park’s existing infrastructure includes:
  • 106 miles of roadways
  • 30 miles of rail directly connected to the Union Pacific (including an in-place switch off of the main line)
  • Water and wastewater plants owned and operated by Great Plains
  • Kansas’ lowest electric rates through Westar Energy
  • On-site AT&T fiber optics

Industries such as industrial hemp and alternative energy generation already are being researched for potential location within the Zone while workforce needs are being directly addressed by Labette Community College, located in Parsons, through their new workforce training and education program.

The program features a brand-new facility, with course and certificate curriculum created through direct input from local industry.

The city also serves as the area’s medical center with the 600 employee Labette Health located within the zone as well, offering additional commercial development opportunities.

 

CITY OF SANFORD: ECONOMIC DRIVER IN CENTRAL FLORIDA

The City of Sanford, FL has become an economic driver for the Central Florida region. The last four years have been one of the biggest growth cycles in Sanford history.

New development is being proposed in Sanford that will create hundreds of new jobs, additional housing and a variety of new restaurants.

New life continues to be breathed into the City of Sanford, especially in the downtown area. From West First Street down to Mellonville Avenue and from South Sanford Avenue to the Marina Isle, there is new development taking place.

The area surrounding Seminole Town Center is still seeing economic activity. From Seminole Boulevard down to Seminole State College one can see plenty of new infill development. Hundreds of new jobs are being created.

Heritage Park, Sanford’s planned mixed-use development for downtown is still being planned. The City currently is planning all the infrastructure for the project. Construction should begin very soon.

This time next year, we should see new vertical construction for new residential units downtown. Many construction jobs will be created over the next several years during the construction of this major catalyst project.

The rehabilitation of the old Mayfair Hotel is still on track to open by the fall of 2020. Final plans currently are being designed.

Over a hundred new full time jobs will be created to operate the new Five Star facility, not to mention the additional construction jobs being created over the next two years.

Sanford currently is experiencing major economic growth in the hospitality sector. Several new craft breweries have opened this past year and are doing very well.

There are a couple more currently being planned, plus a distillery on Second Street. Two new mixed-use developments currently are being planned for Sanford Avenue, with another major mixed-use development sited for the block on Second Avenue between Oak St. and Myrtle St.

The third phase of the Riverwalk will soon be designed and construction will begin for the completion of the trail from the 415 bridge to the I-4 bridge over the St. Johns River by the fall of 2020.

A full marathon is being planned in partnership with Deltona/Volusia County around Lake Monroe upon the completion of the 25+ mile trail.

As part of Sanford’s economic development strategic plan, the City has identified four major targeted industries: aviation/aerospace, medical technology, transportation/logistics and manufacturing.

The City works hard in recruiting new companies and in the retention and expansion of its existing companies.

The City has assisted in the creation of over 300 new high wage, high value jobs over the last year. Several of these companies include: Hernon Manufacturing, Constant Aviation, Quantum Flo, Benada Aluminum, Allegiant Airlines and Avocet.

The City will continue to work in partnership with Enterprise Florida, the Orlando Economic Development Partnership and Seminole County to provide incentives to assist in the creation of new employment opportunities.

Along with great community and regional partnerships, the City of Sanford really is becoming a more economically vibrant community. Perceptions are becoming a reality.
from BusinessFacilities.com

New Report Ranks Cities By Ease Of Doing Business



My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for the fourth year running.

In addition, I serve my client US Southeast Region Collaborative as a Global Growth Ambassador.

As I am honored to serve this great region, it is my pleasure to publish content about US Southeast Region for my tens of millions of monthly global business readers.


-- Christian Dillstrom


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The inaugural Doing Business North America report measures business regulations across 115 cities in Canada, the United States and Mexico.

The Center for the Study of Economic Liberty at Arizona State University has just released the Doing Business North America report, a first-of-its kind report that provides objective measures of business regulations across 115 cities in 92 states, provinces and districts in the United States, Canada and Mexico.

The report uses these measures to score and rank cities in regard to how easy or difficult it is to set up, operate and shut down a business.

Modeled upon the World Bank’s Doing Business report, the Doing Business North America report measures the regulations that apply to domestic small- and medium-sized companies throughout their lifecycle.

The report complies and analyses city-specific data, offering a comprehensive look at a particular jurisdiction’s business environment, including regulations having to do with starting a business, employing workers, acquiring electricity, paying taxes, registering property and resolving insolvency.

By comparing business environments across North America, the report offers measurable benchmarks for reform that encourage states and provinces to pursue regulatory frameworks that ease the cost of doing business.

“The Doing Business North America report offers local jurisdictions objective data on how policies, regulations and licensing requirements affect businesses in their community,” said Steve Slivinski, senior research fellow and project director of the Doing Business North America report at the Center for the Study of Economic Liberty.

“This is a powerful tool that can be used by public officials to inform and guide policy,” said Slivinski. 

“We expect that many jurisdictions will be interested in how they rank compared to their neighbors or peers.”

The Doing Business North America research team was led by Slivinski, with support from undergraduate students from the W. P. Carey School of Business, The College, School of Sustainability, School of Historical, Philosophical and Religious Studies, and School of Civic and Economic Thought and Leadership.

Additional support was provided by Caminos de la Libertad, an educational foundation based in Mexico City.

Doing Business North America is predicated on the idea that a well-functioning economy requires good rules,” said Ross Emmett, director, Center for the Study of Economic Liberty.

“The ease of doing business in a location is higher when the rules are clear and the steps involved are few. A study like this is useful for policy research in both the academic and the policy-maker communities.”

The report findings include:
  • Oklahoma City accumulated the highest Ease of Doing Business Score.
  • The Canadian cities of Winnipeg, Halifax, and Moncton lead the “Starting a Business” category, which measures the number of legal procedures required to start a business and the costs associated with those procedures.
  • In the category of “Employing Workers,” which includes mandates like minimum wages and required paid leave, Arlington, VA takes the top spot.

“What makes this project so exciting is that it clears the way for immediate action and outcomes in our communities,” said Amy Hillman, dean, W. P. Carey School of Business, Arizona State University.

“Small and medium-sized firms account for the majority of businesses in the United States; their success is critical to our economy.

This report equips local governments with data that shows how they are either helping or hindering those businesses, from a regulatory perspective.”

from BusinessFacilities.com

Global Track Manufacturing To Create 250 Jobs In Tennessee



My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for the fourth year running.

In addition, I serve my client US Southeast Region Collaborative as a Global Growth Ambassador.

As I am honored to serve this great region, it is my pleasure to publish content about US Southeast Region for my tens of millions of monthly global business readers.


-- Christian Dillstrom


 

---


The company has established its first U.S. operations in the former Tower Automotive facility in Milan, TN, and expects to start production next summer.

Global Track Manufacturing USA, Inc. has established a production facility in the former Tower Automotive plant in Milan, TN.

The company will create 250 jobs at the new plant in Gibson County, its first in the U.S.

“The Milan facility is Global Track’s first U.S. manufacturing plant, and I want to thank Mayor BW Beasley and his economic development staff for their hard work over the past two years,” said Barry Min, President and Owner of Global Track Manufacturing.

“Mayor Beasley and his team have worked tirelessly to help Global Track get our building operational, act as an advocate for us in Washington, DC regarding tariff issues, establish U.S. banking relationships, and have been supportive in every aspect.

I am confident we made the right decision to locate in Milan, and I look forward to growing our U.S. customer base and creating jobs for the citizens of Milan and Gibson County.”

Global Track manufactures rubber tracks and undercarriage for industrial and agricultural equipment. The company currently operates a manufacturing facility in China.

The Milan facility will be Global Track’s second plant, and the company anticipates production will begin there in the summer of 2020.

“Global Track’s decision to invest in Milan is a resounding vote of confidence in Tennessee and our workforce,” said Gov. Bill Lee.

“More and more global companies are finding out that Tennessee is the perfect place to do business, and I look forward to the creation of 250 quality jobs in Milan and Gibson County.”

Since 2015, Tennessee Department of Economic and Community Development (TNECD) has supported 10 economic development projects in Gibson County, resulting in more than 2,500 job commitments and more than $415 million in capital investment.

“I am pleased to see Global Track invest in Tennessee,” said TNECD Commissioner Bob Rolfe.

“Li Weaver, TNECD’s representative in China, and our international team played an instrumental role in landing this project.

Tennessee’s skilled workforce creates world-renowned products, and this substantial investment promises to inject hundreds of terrific, family wage jobs in Gibson County and Milan.”

“I am excited to formally announce this project as the City of Milan has been working with Barry Min and Global Track over the last two years since the company purchased the former Tower Automotive facility,” said Milan Mayor BW Beasley.

“Global Track has been manufacturing rubber tracks out of its China facility for many years with a great amount of success, and I look forward to the Milan facility achieving even greater success as the company grows the Global Track manufacturing footprint.

This is a very exciting day for Milan and Gibson County, and I am grateful to Barry Min and Global Track for choosing Milan for the company’s U.S. manufacturing location.”

from BusinessFacilities.com

Spartan Motors Creating 308 Jobs In South Carolina



My name is Christian Dillstrom and I am an international growth hacker with over 10 years of experience. Also, I am the most read business article author in the World for the fourth year running.

In addition, I serve my client US Southeast Region Collaborative as a Global Growth Ambassador.

As I am honored to serve this great region, it is my pleasure to publish content about US Southeast Region for my tens of millions of monthly global business readers.


-- Christian Dillstrom
 

---


The specialty vehicle manufacturer will invest $1.15 million to launch operations in Charleston County, SC.

Spartan Motors, Inc., a leader in fleet, work truck and specialty service vehicle manufacturing, is establishing operations in Charleston County, SC.

The $1.15 million investment is expected to create 308 new jobs.

“Spartan Motors is pleased to add North Charleston to our growing global manufacturing footprint,” said Spartan Motors, Inc. President and Chief Executive Officer Daryl Adams.

“We are big believers in the skilled tradespeople of North Charleston and the larger region, and we know the talent available here will allow us to manufacture to the standard of excellence our customers have come to expect.”

In 1975, Spartan Motors, Inc. began as a designer and builder of custom fire truck cabs and chassis. 

Today, the company is a North American leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries – including last-mile delivery, specialty service and vocation-specific, upfit segments – as well as for the emergency response and recreational vehicle markets.

Located in North Charleston, SC, Spartan Motors, Inc.’s Charleston County operations will include production of industry-specific custom shelving, lighting and ergonomic design services for commercial vehicles.

“South Carolina’s automotive industry continues to grow, and this announcement by Spartan Motors, Inc. is a further testament to all we’ve been able to accomplish in South Carolina,” said Gov. Henry McMaster.

“These 300 new jobs will make a significant difference in the Lowcountry, and we’re excited to see what the future has in store for Spartan Motors, Inc.”

The South Carolina Coordinating Council for Economic Development awarded Charleston County a $100,000 Set-Aside grant to assist with costs of building improvements.

“Our automotive industry is on the move in all of the right ways, and Spartan Motors, Inc.’s decision to establish operations in Charleston County is a win for the entire state,” said South Carolina Department of Commerce Secretary Bobby Hitt.

“The 308 new jobs today’s announcement will create is a testament to our state’s world-class workforce and business-friendly environment.”

“Charleston’s highly-skilled workforce, business-friendly climate and globally-connected infrastructure influenced the company’s decision to locate here to better serve its customer, Mercedes-Benz Vans,” said Charleston Regional Development Alliance Chairman John Hagerty.

“Spartan Motors will be a tremendous asset to our growing automotive cluster.”

from BusinessFacilities.com

Epic Games Expanding In North Carolina



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The maker of video games, including the wildly popular "Fortnite," will expand its Cary, NC headquarters campus, making room for up to 2,000 new employees.

Epic Games is expanding its headquarters campus off Crossroads Boulevard in Cary, NC.

The maker of video games, including the wildly popular “Fortnite,” will make room for up to 2,000 new employees with the Wake County expansion project. The company also created “Gears of War” and the “Infinity Blade” series.

“We know that Epic could locate anywhere in the world, and we’re grateful that they’ve chosen to continue to call Cary home,” said Cary Mayor Harold Weinbrecht.

In 2015, in preparation for the expansion, Epic purchased an 8.2-acre property next to its existing campus at the corner of Crossroads Boulevard and Jones Franklin Road.

Epic is working with workspace consultant Foster + Partners, architects JDavis, and JLL for construction project management. The new building will make room for an estimated 1,750 to 2,000 additional employees.

The expansion will encompass between 450,000 to 500,000 square feet, plus 1,400 additional parking spaces. Construction of the new facility is expected to begin in 2020, and take three to four years.

The video game maker has more than 1,000 employees worldwide, including hundreds in Cary. It also has a significant presence in California.

from BusinessFacilities.com