Case Studies

mitasInternational Company Selects Charles City, Iowa

The Iowa Economic Development Board awarded a $924,000 award from the GIVF to CGS Tires US, Inc., to support 154 of the 192 total jobs to be created as the company brings an agricultural and industrial tire manufacturing facility to Charles City (Iowa).

It represents the first manufacturing facility in North America for parent company CGS, based in the Czech Republic.

SasolNew investment opportunities emerge as natural gas prices fall

A few years ago, a major price differential emerged between oil and natural gas; that differential is now expected to persist for decades. As new technologies allowed for the capture and use of natural gas, market rates for this resource fell to historically low levels. Across the nation, manufacturers cut their operating costs by relying on natural gas to power their equipment, machines and vehicles. With an abundant supply of this resource available in the U.S., the stage was set for a renaissance in America's industrial sector.

Brevini PowerEast Central Indiana is celebrating a significant win for its advanced manufacturing sector. The Brevini Company recently announced it will relocate its U.S. headquarters and build its first U.S. manufacturing facility in Delaware County. The Italian manufacturer will invest more than $60 million and bring at least 455 jobs to East Central Indiana. More importantly, local economic leaders say it will give the area an unprecedented competitive edge and the opportunity to attract even more investment from around the globe.

 

grupolosanGrupo Losan was looking for a facility in East Coast. They had a business opportunity with a firm located in Lehigh Valley, Allegheny. Finally, they got an agreement with OAK HILL to subscribe a capital increase in the company to become owners of 2/3 of the shares through a subsidiary.

Since then, OAK HILL has been growing significantly in USA, in revenues, profits and number of employee.

Company is facing an expansion in the plant with new machinery to cover an additional part of the business.

GekaBrushGeka Brush GmbH chooses Illinois for its US manufacturing plant.

GEKA BRUSH , a German company that specializes in the production of premium brushes and applicators for the cosmetic industry, has chosen Elgin , Illinois for its new manufacturing plant. The company plans to invest €11.5 million which will result in 88 new jobs for the Elgin area. Geka Brush GmbH selected Illinois on the basis of skilled labour. Illinois Department of Commerce and Community Affairs provided incentives in the region of $1.1 million towards the project.

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