From Site Selection magazine, May 2001

TOP DEALS


Top Deals of 2000: Honorable Mentions

America Online - Prince William County, Va.: The personal involvement of Virginia Gov. Jim Gilmore helped Prince William County land its second AOL data center in two years. The 1,325-job, $641 million expansion also adds two office buildings in Loudoun County, Va.

Bombardier - Belfast, Northern Ireland: Bombardier Aerospace, Northern Ireland's largest manufacturing employer, announced last summer that it would add 1,200 workers to its Belfast operation. Since 1989, the Canadian-based company has invested $1.35 billion in its operations in Northern Ireland.

Cisco Systems - Boston: Labor and high-tech infrastructure were the driving forces behind Cisco Systems' decision to build a 1.8 million-sq.-ft. (162,000-sq.-m.) corporate campus near Boston that will house 5,000 employees. Known as the New England Development center, the new Cisco campus may also house a manufacturing plant.

Cisco Systems - San Jose, Calif.: Cisco announced last year that it intends to develop a 6.6 million-sq.-ft. (594,000-sq.-m.) campus for 20,000 new employees in South San Jose's Coyote Valley. The $1.3 billion project, however, still faces a number of political and legal hurdles from various governmental entities in California.

Corning - Concord, N.C.: Corning announced two expansions of the optical-fiber plant the company began in Cabarrus County, N.C., in 1996. The two expansions in Concord total $1 billion in capital investment, 900 new jobs and 1.35 million sq. ft. (125,415 sq. m.) of new space.

Cox Communications - Atlanta: Industrial revenue bond financing, local tax incentives and publicly funded infrastructure improvements helped the Fulton County Economic Development Department in Atlanta secure a $1 billion expansion for Cox Enterprises. The deal adds 3,347 new communications jobs to the area and creates 510,000 sq. ft. (47,379 sq. m.) of new floor space.

DaimlerChrysler (Jeep) - Toledo, Ohio: The German-based automaker announced last year that it would break ground in spring 2001 on a $1.2 billion expansion of its Toledo Jeep plant, where the new Liberty sport utility vehicle will be built. The Liberty replaces the Jeep Cherokee, which is being discontinued.

DaimlerChrysler (Mercedes-Benz) - Vance, Ala.: Increasing demand for the M-Class Mercedes-Benz prompted parent company DaimlerChrysler last August to announce a $600 million expansion of its assembly plant near Tuscaloosa, Ala. The project will add 2,000 workers to the 1,900 employees based at the Vance facility.

Dominion Semiconductor - Manassas, Va.: In a joint venture between Toshiba Corp. and SanDisk Corp., Dominion Semiconductor will create 600 new jobs for Virginia at the Manassas fabrication plant through a $700 million investment. To reward Dominion, Gov. Gilmore has proposed that the project qualify for a $25 million Semiconductor Performance Grant beginning in 2006.

Eclipse Aviation - Albuquerque, N.M.: Albuquerque beat out Phoenix and Salt Lake City for a $300 million manufacturing facility for Eclipse Aviation, a personal aircraft maker. Lockwood Greene conducted an extensive site search for Eclipse, which will bring 2,000 jobs to New Mexico.

Ford Motor - Irvine, Calif.: In a significant move for Ford, the Detroit-based automaker announced that it would locate its Premier Automotive Group in Irvine, Calif. The 300,000-sq.-ft. (27,000-sq.-m.) facility will house 800 employees and serve as the North American headquarters for Jaguar, Volvo and Aston-Martin. Irvine will also become the global headquarters for Lincoln-Mercury.

Infineon Technologies - Richmond, Va.: A $55 million state of Virginia incentive package helped seal the deal for Infineon Technologies' $1.1 billion semiconductor fab expansion in Richmond. The Munich-based company could have selected Dresden, Germany, for the 1,100-employee project, but instead chose Henrico County in the Old Dominion.

Intel - Chandler, Ariz./Colorado Springs, Colo.: Almost simultaneously, Intel Corp. announced in early 2000 that it would build two major wafer fab facilities -- one in Chandler, Ariz., and the other in Colorado Springs, Colo. Together, the two plants represent 2,000 new jobs and $3.5 billion in capital investment.

Intermedia Communications - Tampa, Fla.: Highwoods Properties developed a $147 million, five-building corporate headquarters for Intermedia Communications in Tampa. The telecommunications and Internet services firm is creating 1,000 new jobs at the site in northeastern Hillsborough County just off Interstate 75. Merck - West Point, Pa.: In the largest high-tech, job-creation deal of the year in Pennsylvania, pharmaceutical manufacturer Merck & Co. announced in 2000 that it would bring a 3,000-employee expansion to the town of West Point in Montgomery County, Pa.

Nanovation Technologies - Northville Township, Mich.: Nanovation Technologies announced last year that it would invest $41.6 million into a 1,145-job plant for the design, development and manufacture of nanophotonic devices in Northville Township near Detroit. With help from the Michigan Economic Development Corp., the area beat out Richardson, Texas, and two sites in North Carolina.

Nissan - Franklin County, Tenn.: Nissan Motor decided last year to expand its engine and transaxle assembly operation in Decherd, Tenn., by $500 million and 1,000 jobs. The state of Tennessee and the Franklin County Industrial Development Board played key roles in securing the deal.

Tecumseh Refrigeration - Tupelo, Miss.: The Community Development Foundation, based in Tupelo, Miss., worked aggressively to facilitate the $10.5 million expansion of Tecumseh Products. The refrigeration compressor company is creating 660 new jobs.

Turner Broadcasting - Atlanta: Atlanta-based Turner Broadcasting Systems announced a $1.2 billion expansion that will add 3,800 jobs at sites in downtown and midtown Atlanta. The Fulton County Economic Development Dept. helped craft a creative financing package to secure the deal.

U.S. Data Port - Gainesville (Prince William County), Va.: San Jose, Calif.-based U.S. Data Port announced that it is building a $1.4 billion, 3.5 million-sq.-ft. (315,000-sq.-m.) center for IDSPs in Northern Virginia. The project is being billed as "the nation's largest multi-data center facility." Site Selection



Return to Top 10 Deals of 2000




©2001 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and not warranted to be accurate or current.