ii
ONLINE INSIDER
From the September Issue

ONLINE INSIDER

Fallout From Tesla HQ Move: A Ripple in California, a Wave in Texas

The other shoe finally dropped as Elon Musk announced the company’s headquarters move to Austin. But there is still plenty of Tesla action to go around in California.

Read More >>>

 

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

IDAHO

Idaho Falls Is Nuclear Energy Past And Present

Idaho National Laboratory is one big reason the city was named Milken Institute’s best-performing small city for 2021.

Read More >>>
From the September Issue

NORTH CAROLINA

A Tar Heel Play for Offshore Wind Energy Production

North Carolina aims to get its share of what one consultant says will be 40 gigawatts of wind energy off the East Coast by 2035.

Read More >>>

 

 SITE SELECTION RECOMMENDS 
The Diesel Technology Forum says EPA Region 6 — comprising Arkansas, Louisiana, New Mexico, Oklahoma and Texas — is the top region in the U.S. for share of commercial vehicles (54.5%) that come with the latest near-zero emissions technology.
Map courtesy of Diesel Technology Forum

Before the whole world magically electrifies, the Diesel Technology Forum is here to remind everyone that sales of diesel-powered commercial truck, off-road and ag equipment continues to grow in 2021. Forecasters such as ACT Research are projecting 18% growth in sales of heavy-duty Class 8 trucks in 2021 compared to 2020, and year-to-date farm tractor sales in the U.S. are up 13.3% with combines up 13.8%. “From agricultural, mining and construction equipment, to commercial vehicles, trucks, buses, locomotives, tugboats and other goods-movement equipment, diesel remains the powertrain of choice,” said Allen Schaeffer, executive director of the Forum, in an early October announcement.

According to the group, 13 states are home to heavy-duty diesel engine manufacturing, with North Carolina producing more than 33% of U.S.-made heavy-duty diesel engines. Other key states include Indiana, Ohio, Michigan and New York. “A look through the Forum’s searchable, state-by-state database further shows how diesel is the workhorse of each state’s economy and transportation systems,” the Forum points out. The database identifies each state’s diesel-related manufacturing and jobs; number of renewable fuel producers and stations; diesel fuel consumption; and population of diesel-powered commercial trucks, marine vessels, transit and school buses, and passenger vehicles.

 

ILLINOIS INVESTMENT GUIDE 2021/22
From the January Issue

SUPPORTIVE COMMUNITY

Help When It’s Needed

With a variety of incentives and programs to support businesses, Illinois is there for every step.

Read More >>>
From the January Issue

TRANSPORTATION, DISTRIBUTION, LOGISTICS

Shoring Up The Supply Chain

Logistics and distribution operations in Illinois find a prime, central location and highly trained workforce.

Read More >>>
From the January Issue

TOURISM

There's Plenty of Ground to Cover in Illinois

World-class culture, outdoor adventure and food make Illinois a destination for all seasons — even in challenging times.

Read More >>>

 

ii
 PROJECT WATCH 

Mexico

In Guadalajara on September 30, global alcoholic beverage giant Diageo announced this manufacturing investment to support its tequila business, which grew its net sales by 79% in fiscal 2021 to comprise 8% of the company’s organic net sales. “Growth was primarily driven by North America, where tequila is benefitting from its broad appeal across consumer occasions,” said Álvaro Cárdenas, president, Latin America and Caribbean, Diageo. “This exciting investment in Mexico will support our future category growth to meet Mexican and international demand.” The 1,000 new jobs are nearly equal to the total Diageo employees in Mexico today (1,300). Since the acquisition of Tequila Don Julio in 2015, Diageo has continuously invested in its operations in Mexico, primarily in Jalisco. In 2019, the company finalized the first expansion of its facilities at “El Charcón” in Atotonilco El Alto, creating additional jobs and supporting the local community through initiatives including Hablemos de Emprendedoras, a skills program for female entrepreneurs in Jalisco.

Source: Conway Analytics

Nevada

On October 4, Boston-based digital sports entertainment and gambling company DraftKings announced it was investing in a new 90,000-sq.-ft. office and technology hub at UnCommons, a 40-acre mixed-use development in southwest Las Vegas from Matter Real Estate. Designed by IA Interior Architects, the office is expected to be home to 1,000 employees, and will include more than 130 dedicated sports trading desks surrounded by full multimedia walls, a 7,500-sq.-ft. cafeteria and event space, a custom casino training pit, a 500-sq.-ft. interactive putt-view putting green, private and public outdoor spaces, and mothers’ rooms. “The company’s new Las Vegas office will also provide the infrastructure to offer unmatched amenities for employees, including on-site haircuts and manicures/pedicures, a prayer suite and more,” said a release from DraftKings and Matter. Future phases will expand UnCommons to more than 500,000 square feet of modern office space. DraftKings recently signed a multi-year agreement as the primary sponsor of UNLV’s Center for Gaming Innovation and opened the new DraftKings Gaming Innovation Studio at UNLV, providing access to local talent and technology.

Source: Conway Analytics

 

ii
 PHOTO OF THE DAY 

San Diego-based genomics company Illumina featured this photo of Bogotá, in a region home to 10.9 million people, in its September 30 announcement that it was creating Illumina Colombia S.A.S. and Illumina México Productos de Biotecnología to mark its commitment to expand genomics in Latin America. With a focus on key healthcare systems and hospitals, the entities based in Bogotá and Mexico City will support Illumina channel partners across Latin America, including countries in the Caribbean, Central America and South America. Investment promotion agency Invest in Bogotá estimates that the flow of new and expansion FDI in the Bogotá region could grow between 26% and 38% this year, driven by U.S. firms. Between January and April, 15 projects with $333 million in backing by U.S. companies arrived in the metro area.

 
[[trackingImage]]