< PreviousQUALITY OF LIFEBusinesses and people love New York State. With a low cost of living in most areas, revitalized city centers, 180 state parks — including the world-famous Adirondack Park — and a wealth of arts and culture, it’s unmatched as a place to work, live, and play.ACADEMIC PARTNERSHIPSNew York State Centers of Excellence and Advanced Technology help academic and business sectors partner to develop new technologies, and they give qualified businesses direct access to advanced research labs and experts in key industries. They also provide qualified businesses the opportunity to operate tax-free for 10 years on or near eligible university campuses. Additionally, the NYSTAR Division of Science, Technology and Innovation has designated 10 Innovation Hot Spots across the state and also funds 20 Certified Business Incubators to reach even more early-stage companies.New York is #1 in the Northeast in total number of STEM graduates.HIGHLY EDUCATED WORKFORCENew York State is home to the nation’s largest public university system offering free tuition for eligible students, and it is the only state with two Ivy League schools. It’s #2 in the U.S. for math and physical science degrees, #2 for the number of resident scientists and engineers, and #3 in high-tech employment. STRATEGIC INVESTMENTSNew York State is investing heavily in industries that benefit future generations. This includes a $620 million initiative to fuel growth in the life science cluster and $27.5 million for workforce development and training in the state’s clean energy sector. More than $5.4 billion to job creation and community development projects.STRONG BUSINESS ECONOMYNew York State is the place to do business. That’s why more Fortune 500 companies have their headquarters here than anywhere else. Corporate taxes are at their lowest level in decades, private sector jobs are up, unemployment is down under 5%, and wages and incomes have risen.INFRASTRUCTURE UPGRADESNew York State has committed $150 billion to mass transit, affordable housing, schools, parks, and sustainable energy. Another $100 billion has already been put to work rebuilding roads, bridges, tunnels, and airports, including a plan to transform JFK International Airport into a 21st- century hub and a redesign of LaGuardia Airport. In addition, the Build Now-NY program offers Shovel Ready Certification for high-tech manufacturing, warehouse distribution, logistics, and multi-tenant business and technology parks.Lowest corporate tax rate since 1968, and property taxes capped at 2%.PG. 2PG. 315.625 in.10.0 in.16.5 in.10.875 in.16.75 in.11.125 in..25 GUTTER.25 GUTTER0032_SS_SiteSelection-ESS11/30/18 10:21 AM MC 2 of 2 M. Schlachter N. Regan D. Whitlatch V. Roberts C. Kappesser MCresize900000012016151/018ESZ0028Site Selection Area DevelopmentVendor 12/4; Run 1/1/194C15.625 1016.5 10.87516.75 11.125InternalQUALITY OF LIFEBusinesses and people love New York State. With a low cost of living in most areas, revitalized city centers, 180 state parks — including the world-famous Adirondack Park — and a wealth of arts and culture, it’s unmatched as a place to work, live, and play.ACADEMIC PARTNERSHIPSNew York State Centers of Excellence and Advanced Technology help academic and business sectors partner to develop new technologies, and they give qualified businesses direct access to advanced research labs and experts in key industries. They also provide qualified businesses the opportunity to operate tax-free for 10 years on or near eligible university campuses. Additionally, the NYSTAR Division of Science, Technology and Innovation has designated 10 Innovation Hot Spots across the state and also funds 20 Certified Business Incubators to reach even more early-stage companies.New York is #1 in the Northeast in total number of STEM graduates.HIGHLY EDUCATED WORKFORCENew York State is home to the nation’s largest public university system offering free tuition for eligible students, and it is the only state with two Ivy League schools. It’s #2 in the U.S. for math and physical science degrees, #2 for the number of resident scientists and engineers, and #3 in high-tech employment. STRATEGIC INVESTMENTSNew York State is investing heavily in industries that benefit future generations. This includes a $620 million initiative to fuel growth in the life science cluster and $27.5 million for workforce development and training in the state’s clean energy sector. More than $5.4 billion to job creation and community development projects.STRONG BUSINESS ECONOMYNew York State is the place to do business. That’s why more Fortune 500 companies have their headquarters here than anywhere else. Corporate taxes are at their lowest level in decades, private sector jobs are up, unemployment is down under 5%, and wages and incomes have risen.INFRASTRUCTURE UPGRADESNew York State has committed $150 billion to mass transit, affordable housing, schools, parks, and sustainable energy. Another $100 billion has already been put to work rebuilding roads, bridges, tunnels, and airports, including a plan to transform JFK International Airport into a 21st- century hub and a redesign of LaGuardia Airport. In addition, the Build Now-NY program offers Shovel Ready Certification for high-tech manufacturing, warehouse distribution, logistics, and multi-tenant business and technology parks.Lowest corporate tax rate since 1968, and property taxes capped at 2%.PG. 2PG. 315.625 in.10.0 in.16.5 in.10.875 in.16.75 in.11.125 in..25 GUTTER.25 GUTTER0032_SS_SiteSelection-ESS11/30/18 10:21 AM MC 2 of 2 M. Schlachter N. Regan D. Whitlatch V. Roberts C. Kappesser MCresize900000012016151/018ESZ0028Site Selection Area DevelopmentVendor 12/4; Run 1/1/194C15.625 1016.5 10.87516.75 11.125InternalNEW YORK STATE IS BUILDING THE IDEAL BUSINESS ENVIRONMENTTHRIVING IN NEW YORK STATE HERE’S WHY BUSINESS IS STATEWIDE INVESTMENTS ■ $150 billion infrastructure investment across the state, building on the existing $100 billion infrastructure program ■ $5 billion Clean Energy Fund ■ Solar in New York State has increased more than 1,000% and leveraged $2.8 billion in private investment ■ $1.5 billion Upstate Revitalization Initiative ■ $755+ million in economic and community development funding in 2017With a world-class talent pool, infrastructure upgrades across the state, and business-friendly programs and incentives, New York is committed to helping businesses succeed today and tomorrow.NEW YORK STATE IS FUELING GROWTH AND INVESTING IN THE FUTURE A highly educated talent pool World-class infrastructure Business-friendly programs and incentives Largest public university system in the U.S. Rich diversity Unparalleled quality of lifePG. 4PG. 115.625 in.10.0 in.16.5 in.10.875 in.16.75 in.11.125 in..25 GUTTER.25 GUTTER0032_SS_SiteSelection-ESS11/30/18 10:21 AM MC 1 of 2 M. Schlachter N. Regan D. Whitlatch V. Roberts C. Kappesser MCresize900000012016153/018ESZ0028Site Selection Area DevelopmentVendor 12/4; Run 1/1/194C15.625 1016.5 10.87516.75 11.125Internal18 JANUARY 2019 SI T E S E L E C T IO NMultiple projects show why Asia is a key growth location for Bombardier’s rail systems business.ombardier Transportation announced in October that Bangkok Mass Transit System Public Co. Ltd. (BTSC) had signed a $-million contract earlier in the year for years of maintenance services for the company’s INNOVIA monorail systems scheduled to be put in place on ailand’s fi rst two monorail lines: the Bangkok pink and yellow lines.“We are very pleased to continue our over-a-decade-long partnership with BTSC and to continue to contribute to Bangkok’s urban development,” said Gregory Enjalbert, managing director ailand for Bombardier Transportation. e project, however, was just one among many pieces of Bombardier business in the Asia Pacifi c that simultaneously boost company growth while also boosting regional “smart city” economic development.Since , Bombardier Transportation (a Berlin-based business unit of the Quebec company) has expanded its Bangkok team to over engineers and employees, “providing full life-cycle rail system support for customers across Asia Pacifi c,” says the company. In December, as the leader in a consortium, Bombardier delivered the turnkey wayside rail system that is operating on the latest extension to Bangkok’s rapid transit Skytrain. e new -km. (-mile) Bearing-Samut Prakam section of the Sukhumvit Line is expected to enable up to , more journeys on the Skytrain, which regularly carries over , passengers per day. “It is exciting to witness the opening of a new rail link that is extending connectivity to new parts of the ai capital and will signifi cantly improve the travel experience for commuters,” said Enjalbert when the line was inaugurated by ailand Prime Minister Prayut Chan-o-cha at a special event also attended by Canadian Ambassador to ailand Donica Pottie.Singapore Service, Malaysian TalentIn November, Bombardier Transportation by ADAM BRUNSadam.br uns @ site s ele c tion.c omASIA P ACIFICBombardier Transportation’s INNOVIA monorail. Photo courtesy of Bombardier S I T E S E L E C T I O N JANUARY 2019 19and ST Engineering’s Land Systems arm announced a new strategic partnership to build a Singapore Service Center that will combine their respective strengths in transportation design; manufacturing; engineering knowledge; and maintenance, repair and overhaul (MRO) expertise to drive cost-e ective localized component repair capabilities for customers in Singapore, as well as regionally.Over the past years, Bombardier has delivered driverlessMOVIAmetro cars for Singapore’s Downtown Line and INNOVIAAPM automated people mover cars for the Bukit Panjang Light Rail Transit (LRT) system. Earlier this year, a new asset replacement contract was awarded to supply new INNOVIAAPM cars, to retro t existing APM cars, as well as to deliver a signaling system upgrade for stops on the Bukit Panjang LRT Line.A new $-million contract was awarded in July to supply MOVIAmetro cars for the high-capacity North-South (NSL) and East-West (EWL) Mass Rapid Transit (MRT) lines. Combined, the two lines total km. ( miles) in length and serve stations, with an average daily combined ridership of more than . million. e new order brings the number ofMOVIAvehicles in Singapore to — one of Bombardier’s largest metro eets in the world.In September, Bombardier Transportation signed an MOU with the Malaysian Industry Government Group for High Technology (MIGHT) outlining their collaboration on developing home-grown rail industry expertise. e company has been actively implementing a graduate program over the last two years along with university associations to prepare young talent as well as expand their capabilities in the rail industry, driven in part by a Rail Industry Development Blueprint developed by MIGHT in .“With several signi cant collaboration milestones in ailand, Singapore and Malaysia focused on to developing local talent over the past four years, we believe these initiatives will drive productivity, increase performance and improve competitiveness — ultimately raising rail industry performance regionally as well as globally,” said Jayaram Naidu, vice president of Southeast Asia for Bombardier Transportation. Bombardier’s presence in Malaysia began in as lead supplier for the -km. Kuala Lumpur Sri Petaling and Ampang Line. Since then, several Bombardier transit systems have been delivered for the Kuala Lumpur International Airport and the Kelana Jaya LRT, linking the western and eastern suburbs with Kuala Lumpur’s downtown core. In , the Kelana Jaya LRT network became the city’s busiest line, moving up to , passengers daily.China JuggernautAs with many endeavors, other countries’ rail investments pale in comparison to the scale found in China. In October, the latest $-million contract awarded to Chinese joint venture Bombardier Sifang (Qingdao) Transportation Ltd. (BST) by China Railway Corp. (CRC) was for CRAF newhigh-speed train cars for China’s evolving high-speed rail network, where cars operate at kmh ( mph).“In China, high-speed trains have changed people’s life dramatically,” said Jianwei Zhang, president of Bombardier Transportation China, noting that they help to “close the distance between villages and cities,” bridge the gaps between rural and urban, and speed up economic growth.BST in early December celebrated the th anniversary of its factory. A few days later, another order came from CRC for more high-speed train cars. Bombardier Transportation in China has six joint ventures, seven wholly foreign-owned enterprises, and more than , employees who altogether have delivered more than , railway passenger cars, electric locomotives and over , metro cars, Monorail, APM (Automated People Mover), and trams to China’s growing urban mass transit markets. East-West (EWL) Mass Rapid Transit (MRT) In China, high-speed trains have changed people’s life dramatically.” — Jianwei Zhang, President, Bombardier Transportation China20 JANUARY 2019 SI T E S E L E C T IO NINVESTMENT PROFILE:Changxing, Chinaby G ARY DAUGHTERSgar y.daug hter s @ site s ele c tion.c omLocation,ChangxingLocation,xNot far from Shanghai lies a Chinese county, and a development, that are quickly becoming magnets for foreign direct investment. With a population of ,, Changxing boasts many of the attributes so common in booming Chinese industrial areas: airports, high-speed rail, an intricate highway system, waterways and international ports. What, then, makes Changxing special?Well, everything. e well-known real estate adage states the three most important factors in site selection are location, location, location. Changxing has that in droves. Situated in the heart of the Yangtze River Delta on the border of Lake Taihu, Changxing lies within a -mile ( -km.) radius of over large and medium size cities, including Shanghai, Hangzhou, Nanjing, Ningbo, Suzhou, Wuxi and Wuhu, with a combined population of more than million people. Changxing, says one American businessman, “is in the middle of everywhere.”Established in , Changxing Economic and Technological Development Zone is a state-level opportunity zone with a total area of sq. miles ( . sq. km.), conceived to attract foreign investments, advanced manufacturing and independent innovation. Since , it S I T E S E L E C T I O N JANUARY 2019 21This Investment Profile was prepared under the auspices of the Administrative Committee of National Level Changxing Economic and Technical Development Zone. For more information, call 86-572-6050093 or e-mail cxkfq@foxmail.com. On the web, go to www.cxetdz.com.WHY CHANGXING?• Population of 80 million within 90 miles• Abundant transportation links• Lower costs than megacities• Comprehensive infrastructure built to western standards• Support options and incentives• Easy, fast procurement of licenses and permits• Workforce training• Intellectual property rights• Full support of local governmenthas ranked among the Top Zones in Zhejiang Province seven times, and has twice been awarded as the zone with the best investment value in the Yangtze Delta. More than companies, including Fortune enterprises and international investors from Germany, the U.S., France, Italy, Canada, Australia, Turkey, Japan and South Korea, have set up shop in the zone. Some of the best-known companies include General Electric, Johnson Controls, Takata, Hisense, Nobllift and Key Safety Systems. Changxing Economic and Technological Development Zone has three major target industries.New Energies and Electric Mobility: Changxing is a major production hub for batteries, electric cars and photovoltaics. In , it became the Electric Vehicle Industrial Base of Zhejiang Province. Tianneng Group and Chilwee Group, two of China’s largest battery manufacturers, have their headquarters within the zone. In one of the region’s top investments, China’s Geely Auto is sinking $ . billion into its New Energy Automobile Investment Project, which consists of an assembly plant, headquarters and industrial park.Intelligent Machinery and Equipment: Changxing is a leading base for high-end equipment manufacturing with a focus on warehouse equipment such as pallet jacks, scissor lifts and forklifts, as well as intelligent logistics solutions including automated transport systems and mechanical parking equipment. In addition, rms within the zone produce PET injection molding machines for bottle packaging, food packing machines and other machinery components such as dies and molds.Healthcare: In recent years the healthcare sector has witnessed rapid development. Biomedicine, functional health foods and medical equipment are key components of Changxing’s emerging healthcare cluster. Major rms within the cluster include Clover Biopharmaceuticals, Changxing Pharmaceuticals, AGSW Biopharmaceuticals and Jinbakai.Located with the zone, Changxing International Industrial Park focuses on small and medium-sized enterprises from North America and Europe, with an emphasis on German-speaking countries. With full buildout projected at , acres ( hectares), a pilot area of acres ( hectares) is currently under construction to Euro-American standards. e park’s infrastructure, fully developed already, includes roads, parking lots, utilities and internet service. Abundant green space is planned for the park, which will also include a media center, gymnasium, food catering and a bar complete with German beer. Target sectors for the park include new energies, automotive, electric mobility, batteries, robotics, electrical engineering and HVAC. anks to vocational schools and technical colleges such as Changxing Vocational and Technical Education Center, Changxing Technical College and Qunying Technical School, Changxing has emerged as a major training center for skilled workers. “Hiring is not an issue for us or our clients,” says Jason Lee of Eastern American, a Boston-based design-build contractor in Changxing. “Local o cials were able to assist us in reaching out to multiple local academies and vocational schools. We were amazed.” rough partnerships with vocational centers in the German cities of Fulda and O enbach, Changxing has implemented the German “dual training” system, whereby trainees spend part of each week at a vocational school and the rest of the week at a company. Zhejiang University of Science and Technology has established a Sino-German Engineering College with , students. Enrollment at vocational and technical schools totals some , students.“Changxing,” says Lee, “has the resources, location, people and services that a multinational company like us would look for. It’s been the best experience we’ve had in China.” 22 JANUARY 2019 SI T E S E L E C T IO NNORTH AMERICAN REPORTSby G ARY DAUGHTERSgar y.daug hter s @ site s ele c tion.c omNew Options for Tech Talent1Photo courtesy of AppleA Gift for the HolidaysThe biggest gift of the holiday season may have gone to Austin, Texas. Apple, in mid-December, announced plans to build a $1-billion campus in the Texas capital, where the company already enjoys a robust presence. The 133-acre (54-hectare) campus is to initially accommodate 5,000 additional employees, with the capacity to grow to 15,000. As part of Apple’s blockbuster announcement, the company said it would add more than 1,000 employees over the next three years to its operations in Seattle, San Diego and Culver City, California, while adding hundreds of workers in Pittsburgh, New York, Boulder, Boston and Portland, Oregon.2 5San FranciscoWashington DCSeattlePortlandIndianapolisOklahoma CityCharlotteJacksonvilleElite talent marketsValue talent marketsHigh-growth talent marketsSource: ForresterAtlantaNew YorkChicagoMinneapolisPhoenixMiamiPittsburgh21 S I T E S E L E C T I O N JANUARY 2019 23Toronto’s New Technology HubsAccenture, the global professional services rm, opened its 10th North American innovation hub on Nov. 27 in Toronto. Accenture says the hub, with more than 300 designers and data scientists, was conceived for side-by-side collaboration with clients. Accenture plans to add 800 new technology jobs in Canada by the end of 2020 while expanding its apprenticeship program, which is geared toward recruitment among under-represented communities. In mid-December, Amazon announced its own 600-job tech hub expansion in the city, where it already employs 800 corporate staff.The Lure of the CountryA new Gallup poll nds that if Americans could sort themselves geographically according to their desires, the nation would see an out-migration from big cities and, to some degree, from small cities and towns, and a substantial movement into rural regions.Photo courtesy of CP ImagesBains Announces AI FundingCanada’s Element AI, a leader in the eld of arti cial intelligence, intends to create 900 new jobs through a $5-million repayable loan from the Canadian government. The loan is part of a package of $6.3 million in funding for six Montreal AI rms announced December 5 by Navdeep Bains (pictured), Canada’s Minister of Innovation, Science and Economic Development. “Arti cial intelligence is transforming all industries and sectors, opening up more opportunities for Canadians,” Bains said. Investments totaling $1.3 million are expected to create 77 jobs at Montreal’s Imagia, Keatext, Inc., ARA Robotics, Inc., C2RO Robotics Inc. and Roof Ai. The investments are being administered through the Quebec Economic Development Program.44353Next >