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

DATA CENTERS

New Reports Reveal New Location Trends

Experts and data from CBRE and JLL pinpoint where the data center action is.

Read More >>>
From the September Issue

NEW YORK

INCREMENTAL CREDENTIALS COULD BE ESSENTIAL

Groundbreaking workforce education practices help semiconductor manufacturer GlobalFoundries and other employers keep pace and keep talent.

Read More >>>
From the May Issue

INVESTMENT PROFILE: NORTHWEST OHIO

Building an Industrial Economy, One Building at a Time

How spec facility development is changing the game in Northwest Ohio.

Read More >>>

 

 EVENTS 

 

ii
 PROJECT WATCH 

South Korea

One year after pledging to invest $100 million in the Songdo area in Incheon (primarily to be near major customers Celltrion and Samsung Biologics), 170-year-old German life sciences company Sartorius last month committed to investing around $300 million through the end of 2024 in expanding its activities in South Korea. In Songdo, the company plans to launch cell culture media production and to assemble sterile systems for efficient and flexible manufacturing of biopharmaceuticals, among other operations. “The development of the biopharmaceutical industry in Asia and, in particular, South Korea, has entered a new phase characterized by a high innovation and investment pace on the part of our customers,” said Sartorius Executive Board Chairman and CEO Joachim Kreuzburg. “With our significant investments in Songdo, we will be increasing capacities, moving production operations closer to our customers in the region and substantially accelerating our delivery speed.” At the same time, the company pledge to invest €100 million at its sites in Aubagne, Cergy and Lourdes, France, creating up to 400 new jobs by 2025.

Source: Conway Analytics

Spain

Austrian wood paneling company Kronospan will invest €180 million in a new factory in the Catalunya Sud industrial estate in Tortosa (Tarragona), representing the creation of 185 direct jobs and around 1,500 indirect jobs. The project, the largest foreign investment in Terres de l'Ebre, was announced in October by Catalonia Minister of Business and Work Roger Torrent, who said, “It will give a second life to waste materials that were previously discarded. This project is 100% sustainable and fully complies with the concept of the circular economy.” According to Invest in Spain, Kronospan is investing in the area to be closer to its customers there, gain more effective access to the market in the south of France, and gain access to large urban and industrial areas. Javier Macicior, general director of Kronospan Spain, praised “the work done in collaboration with both the Catalan regional government and the city of Tortosa” and noted that the plant is expected to be operational by the end of 2022. He also said the new operation “will need a whole cluster of complementary companies near the factory in order to be more competitive.” Kronospan is an Austrian multinational dedicated to the manufacture and distribution of wood panels. Formed as a company in 1897, Kronospan currently has a workforce of over 14,500 workers and more than 40 factories around the world.

Source: Conway Analytics

 

ii
 SITE SELECTION RECOMMENDS 

The Conference Board’s latest workforce survey of more than 1,200 U.S. workers has found it’s not fear of COVID-19 that’s keeping them working remote, it’s “the greater work-life balance it purportedly offers.” Among its findings:

  • Nearly one in four workers who recently changed jobs did so for the ability to work from home/anywhere.
  • Although 15% of respondents see no value at all in returning to the physical workplace, among the top reasons cited for returning are connecting with team members (74%); socializing and gathering with colleagues (55%) and brainstorming with teams (48%).
  • Baby Boomers quit for the ability to work from anywhere at nearly twice the rate (17%) of Gen Xers (9%) and Millennials (9%).

“Story after story has covered the premium younger generations place on flexibility in the workplace,” said Rebecca Ray, executive vice president of Human Capital at The Conference Board. “But as these survey results demonstrate, that desire is not unique to Millennials. Indeed, at more than twice the rate of their younger counterparts, Baby Boomers left their jobs for the ability to work from anywhere — whether they are working from the comfort of home or from an RV in Yellowstone.”

 

 CHOOSE WASHINGTON 2021-2022

INFRASTRUCTURE

Broadband Is Just One Aspect of Washington’s Forward-Thinking Infrastructure Vision

A conversation with the outgoing director of the Washington State Broadband Office outlines the progress so far and the road ahead.

Read More >>>
From the September Issue

DIRECTORY

Washington State Ports Directory

Explore this complete list of all working ports in the state to find out where they keep things moving.

Read More >>>

 

 PHOTO OF THE DAY 

Managing Editor Adam Bruns made this photo last week as the sun set in New Orleans. New Orleans is the leading port for exported corn and soybeans. The USDA’s Barge Dashboard shows that 684,300 short tons of corn, soybeans, wheat and other grains moved by barge down the Mississippi to New Orleans during the week ended November 27, 2021.

 
[[trackingImage]]