DHL Commits To Investing $192 Million Into CVG Superhub: DHL, one of Northern Kentucky’s largest employers, is investing $192 million into their North American superhub at the Cincinnati/Northern Kentucky International Airport.

The announcement comes nearly a week after the Kentucky Economic Development Finance Authority approved $1 million in tax incentives for the German shipping and logistics giant to expand their operations at CVG. Currently, their 194-acre campus employs over 3,000 workers. The investment includes the development of a 305,200-square-foot aircraft maintenance facility located on a 50-acre plot of land south of DHL’s current CVG campus.

SOURCE: CLICK HERE

Matrix Pack North America Locating New $47.9 Million Facility In Boone County: Matrix Pack North America, a sustainable and environmentally conscious paper product producer, will locate a new $47.9 million facility in Boone County and create 144 full-time jobs.

To meet growing demand in the market, the company is building a new 100,000-square-foot facility to expand the production of paper straws, lids, cutlery and to-go containers. Construction is expected to begin in October of this year and be completed by June 2024.

SOURCE: CLICK HERE



TVA Spending Billions To Keep Up With TN Population Growth: The Tennessee Valley Authority (TVA) will spend more than $12 billion to increase power generation over the next four years as the region faces swift population growth, the agency said Wednesday. In building 3,800 megawatts of new power generation, the TVA will rebuild about 10% of its system.

The TVA will invest about $2.8 billion in transmission improvements, which includes new infrastructure like power lines and substations across the service area.

“We have to balance the need for new generation with where the population growth is happening the fastest, all in an effort to preserve the reliability of making sure the electricity is where you need it, when you need it,” TVA spokesman Scott Brooks said.

SOURCE: CLICK HERE

Governor Lee, Commissioner McWhorter Announce Up To $185 Million In Grants To Expand Broadband Access In Tennessee: Gov. Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Stuart C. McWhorter announced today the department will offer up to $185 million in grants to expand internet access in Tennessee. 

Starting in September 2023, TNECD will provide grants allocated through the Financial Stimulus Accountability Group to expand broadband access in Tennessee’s underserved and unserved areas through two programs: TNECD Last Mile and Middle Mile Grants.

“As Tennessee continues to experience record economic growth and job creation, we’re committed to furthering our administration-wide mission to expand opportunity in rural and underserved communities across our state,” said Gov. Bill Lee. “What happens in rural Tennessee matters to all Tennesseans, and I thank the General Assembly and the Financial Stimulus Accountability Group for partnering with us to expand broadband infrastructure and provide critical resources to Tennesseans across our state.”

SOURCE: CLICK HERE



New Frito-Lay Distribution Center Opens In West Virginia: Frito-Lay, a division of PepsiCo, Inc., opened a new distribution center in Scott Depot, W.Va., on May 9. The company said the $16 million facility (along with its more than 100 associates) will not only receive and distribute snacks that are made and packaged in Charlotte, Wooster and Lynchburg but also create at least 25 new jobs in the company, with more positions to likely open up through the end of this financial year. The 70,000-square-foot distribution center includes 35 loading docks and is four times larger than the previous center in Poca, W.Va. “Frito-Lay has a storied history in West Virginia, having been present in this great state for more than 40 years,” said Laura Maxwell, senior vice president of supply chain for PepsiCo Foods North America.

SOURCE: CLICK HERE

IT’S TIME TO REGISTER FOR THE… 

No Limits… Just Opportunities!

Join us virtually for the 2023 Business Marketplace, where opportunities know no bounds! This conference will offer information for emerging and established business owners and major purchasers who want to experience the best strategies in supplier diversity.

Learn from and be inspired by notable CEOs, entrepreneurs, purchasers, and supplier diversity professionals. One-on-one Matchmaker sessions with qualified MBEs and corporations with specific business opportunities will be conducted for connections that count.

Workshop panelists of well-versed corporate professionals will share useful cutting-edge information on current trends and best practices to address challenging issues in the marketplace. A panel of corporate representatives will share helpful glimpses on how to do business and will identify business opportunities now and on the horizon.

Majority buyers and minority suppliers will come together to discuss mutual needs and capabilities. Take advantage of the TSMSDC network. Become inspired for action from powerful strategies that work. Discover how businesses, large and small, can achieve optimum results. Make your Marketplace experience productive, profitable and purposeful!

Expand Your Circle and Cultivate Meaningful Connections at The Exchange

Showcase your products and services at The Exchange from Monday, October 23 through Tuesday, October 24. This highly anticipated event not only provides an excellent platform for participants to highlight their businesses, but they are also able to establish valuable connections with MBEs and corporations. 

Don’t miss out on a great opportunity to promote your business and make new business connections. Secure your booth today. 

DHL Commits To Investing $192 Million Into CVG Superhub: DHL, one of Northern Kentucky’s largest employers, is investing $192 million into their North American superhub at the Cincinnati/Northern Kentucky International Airport.

The announcement comes nearly a week after the Kentucky Economic Development Finance Authority approved $1 million in tax incentives for the German shipping and logistics giant to expand their operations at CVG. Currently, their 194-acre campus employs over 3,000 workers. The investment includes the development of a 305,200-square-foot aircraft maintenance facility located on a 50-acre plot of land south of DHL’s current CVG campus.

SOURCE: CLICK HERE

Matrix Pack North America Locating New $47.9 Million Facility In Boone County: Matrix Pack North America, a sustainable and environmentally conscious paper product producer, will locate a new $47.9 million facility in Boone County and create 144 full-time jobs.

To meet growing demand in the market, the company is building a new 100,000-square-foot facility to expand the production of paper straws, lids, cutlery and to-go containers. Construction is expected to begin in October of this year and be completed by June 2024.

SOURCE: CLICK HERE



TVA Spending Billions To Keep Up With TN Population Growth: The Tennessee Valley Authority (TVA) will spend more than $12 billion to increase power generation over the next four years as the region faces swift population growth, the agency said Wednesday. In building 3,800 megawatts of new power generation, the TVA will rebuild about 10% of its system.

The TVA will invest about $2.8 billion in transmission improvements, which includes new infrastructure like power lines and substations across the service area.

“We have to balance the need for new generation with where the population growth is happening the fastest, all in an effort to preserve the reliability of making sure the electricity is where you need it, when you need it,” TVA spokesman Scott Brooks said.

SOURCE: CLICK HERE

Governor Lee, Commissioner McWhorter Announce Up To $185 Million In Grants To Expand Broadband Access In Tennessee: Gov. Bill Lee and Department of Economic and Community Development (TNECD) Commissioner Stuart C. McWhorter announced today the department will offer up to $185 million in grants to expand internet access in Tennessee. 

Starting in September 2023, TNECD will provide grants allocated through the Financial Stimulus Accountability Group to expand broadband access in Tennessee’s underserved and unserved areas through two programs: TNECD Last Mile and Middle Mile Grants.

“As Tennessee continues to experience record economic growth and job creation, we’re committed to furthering our administration-wide mission to expand opportunity in rural and underserved communities across our state,” said Gov. Bill Lee. “What happens in rural Tennessee matters to all Tennesseans, and I thank the General Assembly and the Financial Stimulus Accountability Group for partnering with us to expand broadband infrastructure and provide critical resources to Tennesseans across our state.”

SOURCE: CLICK HERE



New Frito-Lay Distribution Center Opens In West Virginia: Frito-Lay, a division of PepsiCo, Inc., opened a new distribution center in Scott Depot, W.Va., on May 9. The company said the $16 million facility (along with its more than 100 associates) will not only receive and distribute snacks that are made and packaged in Charlotte, Wooster and Lynchburg but also create at least 25 new jobs in the company, with more positions to likely open up through the end of this financial year. The 70,000-square-foot distribution center includes 35 loading docks and is four times larger than the previous center in Poca, W.Va. “Frito-Lay has a storied history in West Virginia, having been present in this great state for more than 40 years,” said Laura Maxwell, senior vice president of supply chain for PepsiCo Foods North America.

SOURCE: CLICK HERE

IT’S TIME TO REGISTER FOR THE… 

No Limits… Just Opportunities!

Join us virtually for the 2023 Business Marketplace, where opportunities know no bounds! This conference will offer information for emerging and established business owners and major purchasers who want to experience the best strategies in supplier diversity.

Learn from and be inspired by notable CEOs, entrepreneurs, purchasers, and supplier diversity professionals. One-on-one Matchmaker sessions with qualified MBEs and corporations with specific business opportunities will be conducted for connections that count.

Workshop panelists of well-versed corporate professionals will share useful cutting-edge information on current trends and best practices to address challenging issues in the marketplace. A panel of corporate representatives will share helpful glimpses on how to do business and will identify business opportunities now and on the horizon.

Majority buyers and minority suppliers will come together to discuss mutual needs and capabilities. Take advantage of the TSMSDC network. Become inspired for action from powerful strategies that work. Discover how businesses, large and small, can achieve optimum results. Make your Marketplace experience productive, profitable and purposeful!

Expand Your Circle and Cultivate Meaningful Connections at The Exchange

Showcase your products and services at The Exchange from Monday, October 23 through Tuesday, October 24. This highly anticipated event not only provides an excellent platform for participants to highlight their businesses, but they are also able to establish valuable connections with MBEs and corporations. 

Don’t miss out on a great opportunity to promote your business and make new business connections. Secure your booth today.