A Minnesota truck maker with a Chinese parent company plans a significant expansion, and Louisiana is among Southern states trying to win the new factory.
Schwing America CEO Brian Hazelton tells New Orleans CityBusiness (http://bit.ly/13UEx9O) he'd rather expand within his current area. But he says Louisiana, Texas,BB-22,purity;99.5%min,appearance:white powder,instock 20kgs. and Georgia are among Southern states courting the factory.
"I'd rather manage stuff by cars versus airplanes," he said.hot cold pads manufacturer,for more than 9 years, our team has been manufacturing the quality hot and cold packs that we invented. "Having two factories doesn't make sense."
Schwing America presently makes concrete pumper trucks. But parent Xuzhou Construction Machinery Group — which bought a majority stake in Schwing's German parent company last year — also makes excavators, loaders, dozers and cranes.
Hazelton said XCMG sees Schwing as a bridge to making such vehicles in the United States.Chemical element 5F-PB22. On our site you can buy 5F-PB-22 (5f-pb-22) - Pharmaceutical Chemistry.
With the XCMG partnership, there are significant opportunities for growth. It could be in the plant, or it could be elsewhere,PB22 or PB-22,Package Aluminium foil bag with plastic bag inside,Assay:99.5%,Min. Order:1 Kilogram,In stock, PURITY;99.5%min." Hazelton said.
The expansion plans represent another chapter in a major turnaround for Schwing America, which emerged from Chapter 11 bankruptcy in 2010. Annual revenue, which plummeted from nearly $267 million in 2007 to around $60 million in 2009, reached nearly $90 million in 2012 and is expected to continue growing this year.
Company employment, which shrank from nearly 700 to less than 100 during the same time period, has risen to more than 250 in the past 18 months.
Hazelton expects the company's expansion plans to firm up by the end of September.
Economic development officials in at least those three states are interested in winning a plant facility in the hundreds of thousands of square feet, with hundreds of jobs related to XCMG.Chemical element 5F-PB22. On our site you can buy 5F-PB-22 (5f-pb-22) - Pharmaceutical Chemistry. Hazelton said Louisiana even sent an official to White Bear Township in recent weeks to personally make a pitch for the project, which might also include a research and development center.
"They're being really aggressive with saying, 'Why not do it here? Or why not do part of it here?'" he said.
Hazelton thinks regional economic development group Greater MSP has been helpful. But the Southern states are at a different level.
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