Intellizence has curated top business expansion announcements by leading companies across key sectors. There were multi-billion dollar investments in existing and new businesses in September 2021.
Some of the companies that announced major expansions in September are:
Ford ($11.4 Billion &$5.6 Billion)
Ford Motor Company in partnership with SK Innovation, plans to invest $11.4 billion to bring electric vehicles at scale to American customers with two new, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles.
It also plans to build an all-new $5.6 billion mega campus in Stanton, Tenn., called BlueOval City, which will create approximately 6,000 new jobs and reimagine how vehicles and batteries are manufactured.
Zero Electric Vehicles
ZEV today announced plans to complete the buildout of their new 103,000-square foot, state-of-the-art Electric Vehicle manufacturing facility in Gilbert, AZ to better serve their electrification solutions for light and medium-duty fleet vehicles.
Motional is a driverless technology company making self-driving vehicles a safe, reliable, and accessible reality is expanding its Las Vegas footprint ahead of its 2023 commercial robotaxi deployment. It is accelerating its testing and development by tripling the size of its Las Vegas closed-course testing facility.
Healthcare & Life Sciences
Walgreens ($970 Million)
Walgreens Boots Alliance is investing $970 million in Shields Health Solutions, expanding its position in the specialty pharmacy market. The investment will support the continued growth of Shields’ health system-based specialty pharmacy strategy and build on a minority equity investment.
Cincinnati Children’s Hospital ($600 Million)
Cincinnati Children’s Hospital Medical Center is celebrating the completion of a new Critical Care Building, a $600 million investment on the hospital’s north side that involved three years of construction on the hospital’s main campus in Avondale.
The Home Depot
The Home Depot will expand its supply chain and distribution operations in Greenville, Charleston, Jasper, and Lexington counties. The company operates 2,300 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, Canada, and Mexico.
GAP ($100 Million)
Gap Inc. is investing more than $100 million to launch fulfillment center expansions in Phoenix, AZ, and Gallatin, TN. This expansion will meet customers’ needs with speed, flexibility, and efficiency.
Shipt is planning its largest nationwide expansion in three years, adding its same-day delivery services to more store locations and reaching millions of potential new customers. Customers across the country will be able to use same-day delivery across nearly 1,000 more store locations.
Intellizence AI platform enables our customers to monitor sales, growth, distress & risk signals in their target companies and emerging industry trends.
- Market Intelligence Stay informed about emerging industry trends, policy & regulatory changes.
- Customer Intelligence Discover sales and risk signals in your customers.
- Competitive Intelligence Timely intelligence about your competitors and emerging disruptions.
- Sales Intelligence Identify sales signals in your prospects and customers.
- Risk Intelligence Get timely alerts on risk signals – negative news and adverse events in your customers and suppliers.
Learn how Intellizence can help you with timely and relevant intelligence to discover new business opportunities and emerging threats.
Intel ($95 Billion)
Intel plans to build new chip-making facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing capacity at a time of a global chip supply crunch.
Google ($2.1 Billion)
Google plans to buy a New York City office building for $2.1 billion, even as most of its workforce remains remote. Google has told its employees they don’t need to return to the office until January. Its CEO previously said he expects 20% of employees to continue telecommuting after the reopening.
Prime Data Centers ($1 Billion)
Prime Data Centers, a wholesale data center developer, and operator is expanding its presence into the Midwest market with a 750,000+-square-foot data center campus in Elk Grove Village, Illinois. The company plans to invest up to $1 billion in Chicago’s Golden Corridor.
Amazon Web Services (AWS) (£3.9 Billion)
AWS plans to launch its first data center region in New Zealand by 2024, as a part of its NZ$7.5 billion (£3.9billion) investment strategy in the country over the next fifteen years. The data center will form the bulk of Amazon’s new AWS Asia Pacific Region.