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

NEVADA

Nevada Goes Greener

“Clean energy jobs are at the center of our economic future,” says Governor Steve Sisolak.

Read More >>>

 

From the September Issue

NEWS DIGEST

WORLD REPORTS

A roundup of global stories includes Nissan’s EV ecosystem in the UK; top European countries for startups; Renault’s “Hippie Caviar Hotel”; major solar in Malaysia.

Read More >>>

 

 CONWAY ANALYTICS SNAPSHOT 

Following up last week’s original analysis of top states for Inc. 5000 companies, this week we examine top industry sectors and top cities. Here are the top 10 sectors, which are the same as last year’s top 10 (with last year’s company tallies in parentheses). Sectors with the biggest leaps or drops are highlighted in bold. Just below the top 10 are Manufacturing (177 firms) and Logistics & Transportation (175):

Top Industry Sector by Number of 2021 Inc. 5000 Companies

Software 569 (551)
Business Products & Services 549 (453)
Advertising & Marketing 411 (454)
Health 368 (351)
Consumer Products & Services 333 (310)
Financial Services 296 (265)
Construction 285 (347)
IT Management 253 (330)
Real Estate 207 (192)
Government Services 183 (243)

Below are the Top 10 cities, with last year’s ranking in parentheses. A number of these cities (not metro areas) have lost a few companies in their total numbers, with the notable exception of Denver, which gained 15 companies since last year to vault to No. 8 from just outside the top 10 at No. 11 last year.

Top 10 Cities by Number of Inc. 5000 Companies

1. New York, New York (1) 153
2. Chicago, Illinois (2) 116
3. Atlanta, Georgia (3) 101
4. Austin, Texas (4) 97
5. San Diego, California (7) 66
6. Houston, Texas (5) 64
7. San Francisco, California (6) 63
8. Denver, Colorado (11) 56
9. Dallas, Texas (9) 55
10. Los Angeles, California (8) 54

Here’s a look at the next 10 cities, with the L.A.-area city of Irvine and the D.C.-area city of Arlington punching above their weight:

Top 10 Cities by Number of Inc. 5000 Companies

11. Boston, Massachusetts 45
12. Phoenix, Arizona 42
13. Tampa, Florida 41
14. Nashville, Tennessee 36
15. Washington, D.C. 34
16. Irvine, California 34
17. Seattle, Washington 34
18. Richmond, Virginia 32
19. Arlington, Virginia 31
20. Huntsville, Alabama 30
21. Charlotte, North Carolina 30

Watch this space next week for further Inc. 5000 analysis by metro area and metro area per capita, where some mighty strong suburbs will be on display from such areas as the nation’s capital, Nashville, Dallas-Fort Worth and Phoenix. — Adam Bruns and Daniel Boyer

ii
 PROJECT WATCH 

Texas

Texas Governor Greg Abbott early this month announced that Denver-based Leprino Foods will establish a new dairy products manufacturing facility in Lubbock, Texas. According to the Conway Data Projects Database, the most recent projects from Leprino, which produces mozzarella cheese and other dairy products, were a $15 million investment in Roswell, New Mexico, in 2018, and a $190 million, 150-job investment in its hometown of Denver in 2016. “We are excited for the opportunities that the Lubbock region provides, as well as bringing people, processes, and technology together at a new, state-of-the-art facility,” said Mike Durkin, president of Leprino Foods. “Furthermore, this new plant will play a critical role in the dairy industry in Texas and will have a substantial regional impact for local dairy farmers across the South Plains to fulfill daily production needs.” “Leprino Foods arrival in Lubbock reinforces West Texas' reputation as being the country's source for fuel, food and fiber,” said Representative Dustin Burrows.

Source: Conway Analytics

Ontario

DHL Express in late September opened its new facility in Hamilton at the John C. Munro Hamilton International Airport. The facility is four times the size of the original building at the site. also located at Hamilton International Airport, in order to meet significant increase in shipping volumes. “The new technology and services we've implemented, as well as the increased capacity for handling at the Hamilton Airport, will allow us to meet the double-digit sales growth we've seen in shipping,” said Darryl Wettlaufer, VP of Operations for DHL Express Canada. The airport has 24-hour landing capability with dedicated Canada Border Services Agency staff on site, which ultimately helped influence the company's decision to expand in Hamilton. Every month, 60% of DHL’s total Canadian shipments are cleared at Hamilton International Airport. Other DHL Express gateways in Canada are located in Vancouver, Calgary, Edmonton, Winnipeg, Montreal and Mirabel.

The facility is part of more than $360 million DHL Express is investing in the Americas region between 2020 and 2022, including an expanded hub in Miami; hub expansions in Mexico City, Guadalajara and Monterrey; and gateway expansions in Capinas, Brazil, and Lima, Peru. In terms of new jobs, in the U.S. alone, more than 2,600 new jobs are expected to be filled throughout 2021, in addition to the 3,000 that were created in 2020. These new jobs include 1,100 new positions at the DHL Americas Hub at Cincinnati/Northern Kentucky Airport (CVG), and nearly 200 at the expanded hub in Miami.

Source: Conway Analytics

 

ii
Site of the Week

For Site Location, Everything Is Better In Person

Person County, North Carolina, is part of the Research Triangle Region, renowned for its Tier 1 Research Universities, highly-educated workforce, and abundant amenities. Uniquely-situated between Raleigh-Durham, the Piedmont Triad, and Southern Virginia, Person County offers the benefits of the highly-favorable NC business climate while drawing skilled workers from 2 states with nationally-recognized workforce training programs.

Our diverse manufacturing sector includes automotive components, energy production, furniture manufacturing, nonwovens, building products, LED lighting, and more.

From the January Issue
Person County, NC – mid-point of the Eastern US, equidistant to Ports of Virginia and NC; 3 international airports in under 3 hours, transportation systems providing access to 60% of the US within 2 days.

INDUSTRIAL SITES

PERSON COUNTY MEGA PARK: 1,350-acre, NC Certified with globally-unique power capacity delivered through multiple 230kV transmission lines crossing the site to provide REDUNDANT, RESILIENT, RELIABLE electricity. Served by a 12” waterline with an existing capacity of more than 2MGD and 288 strands of county-owned, open-access dark fiber. USACE-permitted for fast-track development. Wastewater and natural gas designed to meet industry needs.

NORTH PARK SITE: 26-acre, county-owned, permitted site being developed for a 60,000-100,000sf manufacturing facility to meet the needs of mid-sized projects requiring quick speed-to-market, affordability, and a strong manufacturing workforce.

Also under construction is a GULFSTREAM-CLASS CORPORATE HANGAR with office at The Raleigh Regional Airport at Person County, a 6,005’-runway general aviation airport ready to support cargo delivery, corporate travel, other aviation needs.

WORKFORCE

Within a 50-mile radius there exists a workforce of 1.2 million and a plethora of Tier 1 universities, award-winning community colleges, industry-focused technical institutions, and strong, workforce-focused K-12 programs, ensuring a pipeline of skilled workers.

POLYWOOD has just announced expansion plans to add an additional 300 jobs and $61.6M in capital investment, citing community support and the ability to build a quality workforce as reasons for expanding in Person County.

INCENTIVES and TARGET SECTORS

Person County is a part of Foreign Trade Zone 93 and offers large areas of Federal Opportunity Zones, as well as a terrific and affordable quality of life, and the lowest Corporate Tax Rate in the country at 2.5%. Person County enjoys a Tier 2 county designation for the numerous grants and incentives programs offered by NC Commerce and also supports robust local incentives for projects bringing jobs and investment into the county.

Piedmont Community College provides customized training programs and facilitates internship and apprenticeship opportunities. On-the-job training support is available through NC Works, all providing additional value to companies locating here.

All these benefits combined with our robust infrastructure make Person County an ideal location for large scale manufacturing, including Semiconductor, Advanced Manufacturing, Technology/Data Center, Clean Energy, Aerospace/Defense, Life Sciences, AgTech, Automotive and other emerging industries

Contact Person County Economic Development to schedule a site visit and to explore more of what our beautiful, business-friendly region has to offer.

Sherry Wilborn, CEcD, Director
304 S. Morgan St.
Roxboro, NC 27573
336-597-1752
swilborn@personcountync.gov
www.personcountyedc.com
“Everything is Better in Person!”
Twitter: @BetterNPersonNC

 

 MORE MISSOURI GUIDE 2021 

ENERGY

Setting the Pace

An industry leader shared insights into Missouri’s unique assets for energy innovation and growth.

Read More >>>

 

From the September Issue

WASHINGTON UNIVERSITY

Life Science Flourishes in St. Louis

Washington University supports life science and innovation.

Read More >>>
From the September Issue

SOUTHEAST REGION

Cape Girardeau Region Continues to Attract New Businesses

Located halfway between St. Louis and Memphis, the región is home to five port facilities, seven major highways, Class I rail service and a regional airport.

Read More >>>

 

 SITE SELECTION RECOMMENDS 

Financial services platform FINOM has released its FINOM Innovation in Business Index, which assesses the innovation ecosystems of 100 global cities across 12 industry sectors and seven innovation topics such as government R&D, venture capital and startup activity. San Francisco is No. 1, followed by Beijing and New York. Visit the link above to sort the rankings by sub-category.

If you’re looking for innovation in tax policy, the Tax Foundation in September released the fifth annual edition of i Spanish Regional Tax Competitiveness Index, which finds Madrid (No. 32 in FINOM’s index) at No. 1 among the country’s 19 regions.

Top 10 Cities, FINOM Innovation in Business Index

1. San Francisco
2. Beijing
3. New York
4. London
5. Boston
6. Shanghai
7. Tokyo
8. Paris
9. Washington, D.C.
10. Los Angeles

 

 PHOTO OF THE DAY 
Photo by Augustus Mayhew courtesy of the artist Hubert Phipps and News Travels Fast

The new sculpture “Rocket” by Hubert Phipps was recently selected for an Art in Public Places initiative at the Boca Raton Innovation Campus (BRiC), a historic technology and architectural landmark location where the first IBM personal computer was invented. The public art program is part of a cultural partnership between the Boca Raton Museum of Art and commercial real estate owner, operator and developer CP Group. The sculpture is valued at $1.5 million, stands 30 feet tall, weighs 9.8 tons, and took more than 2,200 sq. ft. of stainless steel to construct. The sculpture was fabricated in Hangzhou, China. Click here to read more about Phipps’ compelling personal history and heritage in aviation and his other work.

A news release states that the sculpture “towers alongside a waterfront panorama of iconic architecture designed by Marcel Breuer in the 1960s,” noting that the buildings and sculpture complement one another in the Brutalist style. “The sculpture by Hubert Phipps was conceived as that intersection between art and science, and celebrates the heroics of modern engineering, as also seen in Marcel Breuer’s historic building designs for IBM’s North American Research and Development Headquarters,” said Irvin Lippman, the executive director of the Boca Raton Museum of Art. BRiC today is a 1.7 million-sq.-ft. office park that supporters call a magnet for “forward thinkers in technology and life sciences.” The campus is currently home to 18 national headquarters and 19 regional offices including sites from Kroger, Modernizing Medicine, Canon and Boca Regional Hospital.

 
[[trackingImage]]