Jul 20, 2012
Bill McMeekin
Bill McMeekin
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Digital Risk, Panda Power Top Job and Investment Deals

Electricity transmission lines

Financial services, power and pets factor heavily in the week’s job creation and site selection announcements:

Digital Risk has picked Boca Raton FL for a new office that could eventually employ up to 1,000 people. The company is the nation’s largest provider of mortgage risk, compliance and transaction management services. Florida, where the company already has more than 1,300 workers, won out over Charlotte, Dallas, Denver and Phoenix.

In Texas, Dallas-based Panda Power Funds plans a 758-megawatt power plant in Temple that will have a $1.6 billion impact on the local economy over the course of a decade. The project will generate 800 construction jobs, and upon completion, the plant will create approximately 70 jobs.

In Pennsylvania, retailer PetSmart will locate a new distribution center in Bethel Township in Berks County. The 870,000-square-foot distribution center is expected to create 500 jobs.

In South Carolina,  McCall Farms Inc., a producer of Southern canned and frozen vegetables, is expanding its existing operations in Florence County. The $10.6 million investment is expected to generate 80 new jobs over the next three years. McCall Farms will increase its production capacity in Florence County with more than 50,000 square feet of new space.

In New York, a Canadian company is bringing a $50 million project to former Bethlehem Steel site just outside Buffalo. Welded Tube of Canada plans to build the plant in Tecumseh Business Park in Lackawanna, which could create more than 120 jobs.

In Kentucky, Hearthside Food Solutions LLC plans to add a production line to its existing facility in London, creating 80 jobs and investing $1.4 million in the project. Hearthside is the contract manufacturer to premier food companies.

 

 

 

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