FROM SITE SELECTION MAGAZINE JULY 2019
From the July Issue

ROCKY MOUNTAINS

The Race to Go Renewable is On

Giant multinationals see a green future in the Rocky Mountain West.

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UPSTATE NEW YORK

A Bright Horizon for Logistics

There’s a lot to like in New York’s Capital Region.

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 PROJECT WATCH 

TAIWAN

TXC Corp, Taiwan’s leading quartz crystal components maker, has recently invested $78.9 million to expand production of parts using 5G and microelectromechanical system technologies at the company’s plant in Taoyuan’s Pinzheng District.

Source: Conway Analytics

CHINA

Carel Group, a machinery and equipment manufacturer, opened a 161,000-sq.-ft. plant in Suzhou in Jiangsu province that will create 50 jobs. The location is said to be one of the most innovative and important technological districts of China, making it an ideal location for the company’s new facility that is focused on R&D and technological innovation. The facility is intended to strengthen production for the Chinese market and consolidate the Group’s presence in the Asia-Pacific region.

Source: Conway Analytics

— Compiled by Olivia Vener, Consultant, Conway Advisory

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 CONWAY ANALYTICS SNAPSHOT 

As promised last week in our analysis of the Inc. 500, the crackerjack team at Conway Analytics led by Director of Programming & Analytics Daniel Boyer has taken the entire Inc. 5000 one step further, grouping them into their appropriate metro areas (CBSAs). Below are the Top 10 and Top 10 Per Capita, with the nation’s capital outstretching the Big Apple by one single company in the overall tally, and entrepreneurial outposts in the mountains of the west showing up strong in the per-capita rankings. The way things go in startup hubs, these numbers are already changing.

Top 10 Metro Areas by Number of Inc. 5000 Company Headquarters

Metro No. of Companies
Washington-Arlington-Alexandria, D.C.-Virginia-Maryland-West Virginia312
New York-Newark-Jersey City, New York-New Jersey-Pennsylvania311
Los Angeles-Long Beach-Anaheim, California290
Chicago-Naperville-Elgin, Illinois-Indiana-Wisconsin228
Atlanta-Sandy Springs-Roswell, Georgia192
Dallas-Fort Worth-Arlington, Texas187
Miami-Fort Lauderdale-West Palm Beach, Florida141
Boston-Cambridge-Newton, Massachusetts-New Hampshire133
San Francisco-Oakland-Hayward, California130
Houston-The Woodlands-Sugar Land, Texas115

Top 10 Metro Areas by Number of Inc. 5000 Company Headquarters Per Capita

Metro No. of Companies
Heber, Utah4
Spirit Lake, Iowa2
Provo-Orem, Utah42
Breckenridge, Colorado2
Boulder, Colorado21
Bozeman, Montana6
Huntsville, Alabama25
Washington-Arlington-Alexandria, D.C.-Virginia-Maryland-West Virginia312
Austin-Round Rock, Texas94
Fargo, North Dakota-Minnesota10

 

 SITE SELECTION RECOMMENDS 

Looking to pipe some new talent or new skills into your company’s real estate and facilities operation? Years ago, based on a book published by the Urban Land Institute, Site Selection published a list highlighting some of the best university programs in the discipline, including those select few who offer a concentration in the niche area of corporate real estate. While that list holds up well, other good starting points include a list compiled by CCIM and a list of university members of NAIOP.

Among top university real estate programs, the Department of Real Estate at Georgia State University’s Robinson College of Business in downtown Atlanta is among those with a focus on corporate real estate in particular. Ranked 10th in the nation among undergraduate programs in real estate by U.S. News & World Report, the department also confers confers master’s- and doctoral-level degrees, including a Master of Science in Commercial Real Estate. 
Photo courtesy of Georgia State University

 

 PHOTO OF THE DAY 

Conway, Inc. Vice President of Global Innovation Guillermo Mazier made this photo this week at the Old Forester distillery in Louisville, where a reception was held during the TrustBelt Corporates & Consultants Forum that ended yesterday. The three-story aging rackhouse at Old Forester has the capacity to age 800-900 barrels of bourbon. Distillery investments have always figured prominently in Kentucky’s economic development success.