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Life Sciences

Boston Bounty

The BIO International Convention held in Boston June 18-21 — at least the exhibition part of it — seemed to be about economic development pitches by states and nations as much as it was about science. The 34 country and 26 state pavilions all served as recruiting beachheads, manned by personnel trying to lure companies to their respective areas.

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Life Sciences

Seeking Partners

Collaboration is one of the primary objectives of many biotech firms attending the annual Biotechnology Industry Organization convention, held this year in Boston. One promising company with that objective is Pluristem, a developer of placenta-based cell therapies based in Haifa, Israel.

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Life Sciences

Biotech’s Booming in Texas

As home to more than 3,400 biotechnology R&D firms and manufacturing companies, Texas is one of the leading biotech states in the country. More than 84,100 workers are employed in the biotech sector in Texas, and dozens of global biotechnology companies, such as Novartis, Allergan, Inc., and Endo Pharmaceuticals, have major operations in the state. A concentration of highly trained biotech workers, multiple top-tier medical and research institutions, and a top-ranked business climate all strengthen the state’s status as a biotechnology leader.

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Online Insider

Further Action

by Adam Bruns

Last week more than 200 people from around the country attended an event at Willow Run, a signature automotive brownfield site in Ypsilanti, Mich., and one of 89 former General Motors properties in 14 states under the aegis of the Revitalizing Auto Communities Environmental Response (RACER) Trust. It’s the factory where the inspiration for Rosie the Riveter worked, and a site that has been called “the world’s largest room” for its massive assembly floor space.

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Energy Report

Test CITE

After a selection process pitting one area of the Land of Enchantment against another, the Center for Innovation, Testing & Evaluation (CITE), a 20-sq.-mile (52-sq.-km.) project from Pegasus Global Holdings, is destined for the EnergyPlex near Hobbs, N.M.

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Energy Report

Not Set in Stone

On June 7 a celebration took place in honor of St Marys Cement Inc.’s Bowmanville Plant in Ontario receiving North America’s first International Organization for Standardization’s ISO 50001 certification. St Marys was officially registered as the first North American recipient of ISO 50001, a new standard for industrial facilities seeking to manage their energy use, on November 15, 2011. The plant is located within the municipality of Clarington, located just northeast of Oshawa along the shoreline of Lake Ontario.

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Energy Report

Shale Gas Gets a Move On

Approximately 70 percent of the nation’s goods are transported by truck, and the cost of this mode of transportation is heavily dependent on the price of oil ($80/bbl at this writing), increases in which quickly ripple through to the cost of gasoline or diesel fuel.
With the current cost of gasoline around $3.53/gallon and the cost of diesel fuel around $3.72/gallon (as reported by EIA), the cost of transporting products remains an important factor in many manufacturing location decisions. Transportation costs also play an important role in consumer, business and government budgets as well.

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Area Spotlights

Labor Days

Most buyers of Ford Motor Co.’s 2013 Escape won’t know specifically where their new mini-SUV was made. But, in fact, they will have Louisville labor and a labor-friendly Kentucky business climate to thank for their ride. Ford invested $600 million in late 2010 in its Louisville Assembly Plant (LAP). The project is adding 1,800 jobs to the 1,100 already in place.

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Departments

Technology InSITE: Nestlé Uses Nimble Tax System

Managing personal property taxes and compliance across multiple states can be an ongoing challenge for large corporations. Nestlé USA has a diverse portfolio of more than 40 manufacturing facilities, distribution centers and office buildings, plus vending equipment, that requires a robust system.

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Area Spotlights

Made For the Future

Is it just coincidence that companies are realizing pioneering renewable energy success along Great Lakes shorelines? Or that territories in two nations are seeing progressive energy policies blend with their industrial heritage to spawn growth in corporate investment?

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Area Spotlights

Utah In a Laffer

The state of Utah not only offers the best in outdoor activities. We have also found that the people who live here are very well educated and innovative,” says Albert Modrovsky, vice president of strategic initiatives for L-3 Communication Systems Group. “They tend to thrive in an environment of teamwork and are more than willing to mentor other employees by sharing their work experiences and industry expertise.

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Area Spotlights

A Familiar Face

Iowa Gov. Branstad has a four-point plan to boost his state’s business climate. Branstad touts Iowa’s strong Midwestern work ethic, a robust job training program, a favorable tax climate and its status as a right-to-work state as among its biggest draws, but he says the key to continued success is getting companies to notice the state.

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Investment Profile

A Heartland Recipe for Wellness

A governor with an ambitious agenda is proving that Iowans are even more resilient than he thought. Battling recession, floods and misperceptions, Gov. Terry Branstad is ahead of schedule in reaching his four main goals.

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Online Insider

Magnetic Attraction

by Adam Bruns

. Most of the world’s rare earths are produced and hoarded in China, whose government uses the elements as a lure to global manufacturers. (Molycorp, situated near substantial deposits in Mountain Pass, Calif., is among the few exceptions). But a new project might help rare-earth consumers and miners get their groove on in North America.

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International Update

Kurdistan: Where Pioneer Investors in Iraq Get Started

Iraqi opportunities. These two words don’t seem a good match, unless perhaps in the context of the oil or security businesses. But the phrase makes sense in Iraqi Kurdistan, the autonomous northern region of Iraq, where early commercial investors are now on the scene. Across many areas of Iraq, peace is fragile and daily life can still be unpredictably dangerous. But growth is returning to Iraqi Kurdistan led from its capital, Erbil. Brands such as Sheraton, Hilton, Porsche and Sony are entering Kurdistan looking to access the potential of this region of 4 million people. Nissan has opened its largest service center in the Middle East, and its new airport, opened in 2005, has one of the longest runways in the world.

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International Update

Refinery Complex Adds Heft To Malaysia’s Oil & Gas Aspirations

The Johor Bahru region in southernmost Malaysia is emerging as a key regional oil and gas hub, and the Iskandar Regional Development Authority (IRDA), which is overseeing the 2,217-sq.-km. (856-sq.-mile) Iskandar Malaysia development project, will play an important role in fostering this sector. Iskandar Malaysia comprises five component areas, or flagship zones, that in their own right will bring forth new commercial, residential, educational and industrial developments designed to transform south Johor into an economic engine for Malaysia and Southeast Asia.

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International Update

A New Business Neighborhood

Three Latin American locations have a rare combination of international air service, adjacent higher education resources and available sites – a powerful combination for the right site selector.

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International Update

The Case for Changzhou

Two Atlanta-based companies are making the case that not all new investment in China is heading to the hinterlands, where many believe more advantageous labor rates can be found relative to coastal sites. An eastern China location still delivers the labor availability and logistics edge they require as the country’s huge domestic market takes on a more central role in these companies’ growth strategies.

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World Reports

Two-Wheeling in Southeast Asia; European Auto Plants Rev Up; Color for Scandinavia; Tunnel-to-Tunnel Bridge Debuts In China

Two-Wheeling in Southeast Asia; European Auto Plants Rev Up; Color for Scandinavia; Tunnel-to-Tunnel Bridge Debuts In China

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International Update

Where MNC Subsidiaries Excel

Québec-based IT executives at multinational computer services giants attribute the success and expansion of their enterprises to being located in Québec. An increasingly bilingual and skilled work force, higher education resources, proximity to Europe and the U.S. Northeast and a business climate that encourages capital investment are some of the assets they identify as drivers of their ability to compete. More specifically, they compete successfully with other subsidiaries of their parent companies worldwide for capital investment, or they complement those subsidiaries as no other operation can, they maintain.

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Area Spotlights

The California Connection

When Silicon Valley Bank scoured the U.S. for an information-technology and operations location, it didn’t take long for the Santa Clara, Calif.-based company to find what it needed in Tempe, Ariz.

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