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Area Spotlights

Bookends

Boosted by projects — often in multiple phases — from such companies as ExxonMobil, Shintech, Honeywell and Westlake Chemical, East Baton Rouge Parish in Louisiana tops the project tallies of all counties along the Mississippi River from July 2010 through December 2011.

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Investment Profile

Changing Minds

Greater Fort Lauderdale alters perceptions of business executives around the world. Payoff comes in headquarters, plants and other expansions including a British tobacco company.

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Energy Report

Momentum Defined

Even as the solar industry trade war between China and the U.S. reaches a fever pitch, Ernst & Young’s latest quarterly Renewable Energy Country Attractiveness Index (CAI), released in late February, finds that the U.S. has passed China in terms of investment in solar and wind technologies.

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Energy Report

Three Rays of Sunlight

When you’re a US$68-billion company with more than 300,000 employees across multiple industries, it’s always possible for asset disposition to be an internal affair. It’s also possible to seek out sunnier climes when shadows are lurking at home.

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Energy Report

Conditional Tense

Shell Chemical LP on March 15 signed a land option agreement with Horsehead Corporation to evaluate a site in western Pennsylvania for a potential $2-billion petrochemical complex. The complex would include an ethane cracker that would upgrade locally produced ethane from Marcellus Shale gas production. The site is located in Potter and Center Townships in Beaver County near Monaca, Pa.

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Features

Divisional Headquarters’ Role Gains Focus

Regional headquarters still play a role for many organizations, but business units
are increasingly being centralized to maximize cost and labor-supply advantages.

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Area Spotlights

Good Medicine

Life sciences, logistics among sectors showing vitality.

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Cover

Top Industries: Grow Where You’re Planted

Four of the top five industries for corporate facility projects in 2011 showed substantially more expansions at existing sites than at new locations. China, India and South Korea continue to garner strong shares of projects across multiple industries.

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Online Insider

Shedding Light

by Adam Bruns

Sunshine Week is a national initiative to promote a dialogue about the importance of open government and freedom of information. Launched by news editors and journalists, this non-partisan, non-profit initiative is celebrated in mid-March each year.

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Investment Profile

That’s The Spirit

A recent investment by Spirit AeroSystems at the North Carolina Global TransPark in Kinston is paving the way for a local aerospace cluster that could soon number in the thousands of workers. No other location had GTP’s blend of logistics and work-force attributes, says a Spirit executive central to the location decision.

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North American Reports

Aftermarket; Compensation Trends Drive Reshoring?; Energy Growth Fattens Wallets?; Major Greenfield Investment in Mexico; Visa Processing in Brazil and China; Graduate School attendance;

by Adam Bruns

Data on repurposed automotive plants, the U.S. vs. the world in compensation levels, energetic trends in state GDP, Nissan in Mexico, EB-5 and visa trends, and worldly schools and students.

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Area Spotlights

Takeoff Velocity

The aerospace industry has had a major presence in the Rockford, Ill., region for many decades, but it was only a few years ago that the industry came to the realization that a major cluster had developed.

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Features

Southeast Michigan Builds an Aerotropolis

Southeast Michigan Builds an Aerotropolis: Most regions have one airport from which to launch an Airport City. Advocates of the Detroit Region Aerotropolis hope its two airports and other infrastructure attributes will help the initiative take off.

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Life Sciences

The Right Fit for FitRight

Medline, a Mundelein, Ill.-based manufacturer of adult incontinence products, has opened a new 600,000-sq.-ft. (55,740-sq.-m.) manufacturing facility in Douglasville, Ga. The $65-million plant will create 150 jobs.

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Life Sciences

Stability Boosts Nebraska Life Sciences

If all you know about Nebraska is that cattle is our biggest industry — we lead the nation in commercial red meat production — or if your knowledge relates only to the Huskers’ chase for the college football championship every year, then you may be startled to learn that the bioscience industry is one of Nebraska’s fastest growing industries.

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Life Sciences

The Kent Phoenix

Kent is the English county called the Garden of England. Plant a seed in Kent and it will grow and flourish — apples, pears, cherries, grapes, strawberries, blackcurrants, almost every vegetable imaginable, oats, barley, grain … Kent feeds millions of people on a daily basis.

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Area Spotlights

California Recovery Strong, if Uneven

Last year unemployment in California fell to the lowest level since 2009, as companies put 240,300 people to work, leading the nation in job growth.

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Investment Profile

Taking Care of Business

Workforce development programs make San Bernardino County a manufacturing magnet in Southern California. When California Steel Industries’ Brett Guge explains why his company invested nearly a billion dollars into operations in San Bernardino County, he attributes his firm’s strategic direction to one primary factor.

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International Update

Home Country Hub

Big investments by big companies come on the heels of KORUS approval, but aren’t necessarily U.S.-focused.

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Features

Generic Growth

Growth in the generic pharmaceutical industry is likely to become even more robust in the coming years as top-selling drugs come off patent and pressure mounts from government and healthcare providers to contain costs.

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Area Spotlights

Digital Diversity

The art of storytelling is providing some global fame for Louisiana’s blossoming digital media sector.

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Investment Profile

The Game Changer

The Southwest Louisiana and Acadiana region supplies energy to the world and skilled workers for expanding companies. Take the elements that are critical to community prosperity — water, transportation, energy, industrial know-how, and willing and able workers — and combine them into a strategy for economic success … that is exactly what Southwest Louisiana and Acadiana did.

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Area Spotlights

‘The Box That Must Be Checked’

As this issue went to press in February, site selectors in the U.S. and globally were busy recasting their lists of finalist locations for manufacturing projects to include Indiana. The state may well have ranked high on some of those lists already — its business climate is considered robust by many evaluators of Midwest states, given its record of fiscal conservatism that includes a predictable and competitive tax structure among other measures.
But becoming the 23rd right-to-work state has energized Hoosier State efforts to escape the stigma, or at least perception, of Midwestern locations being less than business friendly to companies hoping to cultivate a work force free of union requirements their workers don’t embrace.

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Online Insider

Return to Sender

by Adam Bruns

Return to Sender: Redevelopment opportunities lurk behind the looming closure of hundreds of Postal Service properties.

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