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FROM SITE SELECTION MAGAZINE, SEPTEMBER 2021 ISSUE
From the September Issue

TEXAS

Next Chapter

A Point/Counterpoint Examination of an Incentive

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From the September Issue

INVESTMENT PROFILE: HOOSIER ENERGY

Retailer Finds Indy-Area Sweet Spot for an E-commerce Project

The I-74 corridor southeast of Indianapolis gets in on the region’s logistics action.

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 PROJECT WATCH 

Morocco

Advanced composites company Hexcel Corporation early this month announced an expansion at its existing engineered core facility in Casablanca, Morocco, at the Midparc Free Trade Zone Industrial Park that will double the size of the plant to 24,000 sq. m. (258,342 sq. ft.) and increase employment from 120 to about 400 people. Hexcel’s plant transforms lightweight honeycomb materials into engineered core parts to reinforce aerospace structures. Hexcel broke ground on the site in 2016 and celebrated its grand opening in March 2018. “Today, Hexcel confirmed its decision to invest in Morocco, like many players in the aerospace sector such as our Midparc neighbors and customers including Stelia Aerospace (Airbus), Safran, and Spirit AeroSystems,” said Thierry Merlot, Hexcel president – Aerospace for Europe, MEA/AP & Industrial, on September 1. “Key factors in our decision to expand the Casablanca site included the highly skilled workforce in the area, support from the state, and proximity to our customers.”

Source: Conway Analytics

Brazil

Driven by booming demand for pectin fueled by global trends around sugar reduction and label-friendly formulation, as well as the popularity of fruit-flavored dairy drinks, Cargill has launched operations at this new high-methoxyl (HM) pectin plant in Bebedouro. The site is located in the heart of Brazil’s citrus-growing region, enabling plentiful supply of fresh fruit peels. The site joins three other Cargill pectin plants in Redon, France; Malchin, Germany; and Milazzo, Italy. According to the 2019 Global Trade Atlas, pectin market demand is projected to grow at a minimum of 3% CAGR from 2019 to 2025, most strongly in the spoonable non-dairy yogurt; drinking yogurt/fermented beverages; and gummies/jellies categories. “Adding a fourth pectin production facility to our supply network further secures our position as a reliable supplier of this sought-after ingredient and helps us deliver against consumer’s demands and our customers’ needs,” said Laerte Moraes, managing director.

Source: Conway Analytics

 

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ILLINOIS INVESTMENT GUIDE 2021/22
From the January Issue

BUSINESS LANDSCAPE

Headquartered in Illinois

Home to 38 of the FORTUNE 500, Illinois is No. 3 in the nation for corporate headquarters.

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From the January Issue

TALENT & WORKFORCE

CENTRAL CASTING

Pioneering workforce development programs aim to be right on time for tomorrow’s technologies.

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From the January Issue

AGRIBUSINESS

Seeds of Innovation

The cannabis industry is on track to revolutionize the Illinois agribusiness sector.

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 SITE SELECTION RECOMMENDS 

Late last Thursday afternoon, open season began in the hunt for a $3 billion steel plant, as U. S. Steel announced a site selection process to “expand its mini mill steelmaking advantage.” The three-million-ton operation would incorporate two electric-arc furnaces (EAF). “Potential locations include both states in which the Company has existing EAF operations as well as greenfield sites,” said the company. Those two EAF sites are in Osceola, Arkansas (Big River Steel), and Fairfield, Alabama. Osceola steelmaking investment was one reason Blytheville, Arkansas, earned the 2020 Great River Cup from Site Selection, years after the initial Big River Steel investment. “Final site selection and other construction terms are subject to a number of factors, including state and local support and final approval by the U. S. Steel Board of Directors,” said the company release. “Upon receipt of required environmental and operating permits, the company would expect to begin construction of the mini mill in the first half of 2022 with production currently expected to begin in 2024.”

A proposed $3 billion mini mill for which U.S. Steel is now searching for a site would employ two electric-arc furnaces like this one at the company’s operations in Fairfield, Alabama.
Photo courtesy of U.S. Steel

 

 PHOTO OF THE DAY 
Photo courtesy of Next.e.GO Mobile SE

“Disruptive and highly connected” is how German battery electric vehicle (BEV) maker Next.e.GO Mobile SE describes its micro factories. The company calls this original Industry 4.0 factory in Aachen, Germany the “first of its kind fully connected micro factory in the BEV industry,” leveraging internet of production architecture and advanced automation. In July, the company announced it would build its second micro factory in Lovech, Bulgaria, which will be designed to be a “cyber-physical twin” of this facility in Aachen and will employ up to 1,000 people. Aachen is Germany’s westernmost city, located near borders with Netherlands and Belgium.

 
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