Source: Elliot Smith, CNBC Oil prices continue to surge. Since December 2018, prices have risen about 40%. But analysts are predicting that the price increase won’t last, citing a slowdown in global growth and an increase in U.S. oil output. Petroleum Prices Diesel and Gasoline (U.S. Averages) Units Current Price …
April 30, 2019 $48 million medical laundry facility coming to Detroit, MI Source: Breana Noble, The Detroit News Three healthcare providers are teaming up to bring a $48 million medical laundry facility to Detroit. Henry Ford Health System, Michigan Medicine at the University of Michigan, and St. Joseph Mercy Health System have plans …
April 29, 2019 Bradley Airport sees spike in e-commerce freight out of Windsor Locks, CT Source: Sean Teehan, HartfordBusiness.com Supply-chain companies out of Bradley Airport handled 16% more freight and mail shipped through the airport than in 2017. The companies include FedEx, DHL, and Pinnacle Logistics. Pinnacle Logistics alone employs about 200 people …
April 26, 2019 Construction of new hotel coming to Crabtree Valley Mall in Raleigh, NC Source: Cliff Barnes, Triangle Business Journal Developers have submitted a site review for a five-story, 130-room hotel near Crabtree Valley Mall in Raleigh. The hotel will be located at 2102 Century Drive. The proposed building, which will be …
April 25, 2019 More development coming to Capitol View in Nashville, TN Source: Eric Snyder, Nashville Business Journal Developers have plans to add a senior assisted-living facility to the Capitol View development in the North Gulch neighborhood of Nashville. Merrill Gardens at Capitol View will span two new buildings on a 2.8 acre …
April 24, 2019 Amazon delivery center coming to Miami, FL Source: Brian Bandell, South Florida Business Journal Logistics real estate investment company Prologis has filed paperwork with Miami-Dade County officials for modifications to its warehouse south of Miami International Airport. The company titled its plans “Amazon Delivery Station.” The company’s pre-application includes …
April 23, 2019 Google subsidiary Waymo to lease, invest in Detroit factory Source: Pete Bigelow, Crain’s Detroit Waymo had reached an agreement with American Axle & Manufacturing to lease an existing factory in Detroit, MI. The company will invest $13.6 million in the factory. The move will allow Waymo to retrofit Fiat …
Source: Lizzy Gurdus, CNBC The Trump Administration announced on April 22 that it will move to curb Iran’s oil output by ending exemptions to sanctions against the country. The move caused an immediate rise in crude prices as traders brace for a restricted supply. Petroleum Prices Diesel and Gasoline (U.S. …
April 22, 2019 New office tower coming to Charlotte, NC Source: Ashley Fahey, Charlotte Business Journal Developer Lincoln Harris is set to build a third office tower at its 10-acre Legacy Union site in Charlotte, NC. The new office tower will be located at 700 S Mint Street. Two office towers – …
April 19, 2019 Construction of tire plant is set to begin in Rocky Mount, NC Source: William F. West, Rocky Mount Telegram China-based Triangle Tire is set to begin construction of a manufacturing plant in Edgecombe County this June. Phase one of the project will see construction of the section of the …
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