Two major reshoring announcements and some big investments from a peanut butter maker top the week’s site selection and job creation news:
In Ohio, Ford Motor Co. is reshoring some manufacturing for its EcoBoost engine and will invest nearly $200 million and add 450 new jobs at its Cleveland Engine Plant. The automaker said that to meet rising consumer demand for the 2.0-liter EcoBoost it will shift North American production to Ohio from Valencia in Spain, while the Valencia engine plant will remain the exclusive production location of the 2.0-liter EcoBoost for Ford of Europe-built vehicles. Valencia will continue to produce and ship parts for these engines to North America.
In another reshoring move, Oracle Corp. will shift production to Oregon from Mexico of server systems and data servers. With its commitment to manufacture data center servers and storage systems in Hillsboro, OR, 300 jobs will stay in Oregon and an additional 130 jobs will be added at the company’s operations there. Oregon is awarding Oracle a forgivable loan of $750,000 from the Strategic Reserve Fund and $649,000 from the Business Expansion Program for the expansion.
In Kentucky, J.M. Smucker Co. plans to retain 279 jobs and invest more than $43 million in upgrades to its Lexington facility, home of the famous Jif Peanut Butter brand. Smucker is a leading marketer and manufacturer of fruit spreads, retail packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and health and natural foods beverages in North America. The company currently has 279 employees at its Jif operation in Lexington, where it plans to upgrade machinery, equipment and expand product lines to meet increased demand. The company also will invest $55.6 million to convert its existing Memphis, TN, production facility to a peanut butter manufacturing plant.
In Tennessee, medical sciences company ProNova Solutions will locate a headquarters facility and research and commercialization laboratory in Alcoa, Tenn. The announcement represents an investment of $50 million and the creation of 525 new positions in Blount County. ProNova, in coordination with Provision Health Alliance, is developing next-generation proton therapy technology to treat cancer.
In South Carolina, Recleim, a start-up recycler of appliances and e-waste materials, will establish its first recycling plant in Aiken County. Recleim has committed to a $40.6 million investment that is expected to generate 200 new jobs. The company specializes in resource recovery from appliances, white goods and electronic waste, and in environmentally-sound disposal of hazardous components. The company is updating a 110,000-square-foot building to accommodate three production lines.
In Oklahoma, V&M TCA, a subsidiary of the Vallourec Group, plans an $11.8 million expansion project. V&M TCA operates a heat treatment, threading and finishing operation for seamless steel pipe at its Muskogee Plant located on 116 acres at the Port of Muskogee. The project will add 25 employees to the company’s workforce.