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ONLINE INSIDER
From the September Issue

D.C. Projects Designed to Draw Workers Back to the Office

Will highly educated talent choose mixed-use properties? Developers are banking on it..

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FROM SITE SELECTION MAGAZINE, JANUARY 2022 ISSUE
From the September Issue

RANKINGS

The 2022 Regional Workforce Development Rankings

Based on an index of objective criteria, these state rankings suggest which states have the workforce apparatus most likely to be of use to those seeking jobs and to those on the recruitment side of the table.

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From the September Issue

INVESTMENT PROFILE: SAN BERNARDINO COUNTY, CALIFORNIA

Welcome to Rocket Science School.

A new training center in Victorville delivers space age education.

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From the May Issue

EDITOR’S VIEW

These Are Not the Good Old Days

“Perhaps we’re all a little trepidatious heading into the new year,” writes Editor in Chief Mark Arend. But activity in the EV arena and record project numbers in many states may boost trend lines in 2022.

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WORKFORCE 2022

HIGHER EDUCATION

Collaboration is King in Virginia

Multiple schools team up to train the workforce of today and tomorrow.

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From the September Issue

MILITARY VETERANS

Home Base Iowa Connects in
All the Right Ways

Two economic development leaders describe how one program makes a difference in the lives of veterans and the vitality of Clinton, Iowa.

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 EVENTS 

 

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 PROJECT WATCH 

India

UK-based electric scooter and e-bike company One Moto announced last week its plans to set up this manufacturing complex for both scooters and lithium-ion batteries on 15 acres in Hyderabad, with up to 500 direct jobs and 2,000 indirect jobs to be created in the Zaheerabad National Investment and Manufacturing Zone (NIMZ) in the state of Telangana. “The idea is to manage all the production in India and cater to the growing market,” Muzammil Riyaz, partner and promoter of One Moto India, said in The New Indian Express. “We aim to manufacture at least 40,000 units in the first phase and the capacity can easily be enhanced to 100,000 in two years’ time.”

Source: Conway Analytics

California

Founded in Sydney, Australia, this “buy now, pay later” payment technology company last year announced its choice of the historic 11-story Phelan Building on Market Street as the site of its new North American HQ. The company called the location ideally situated between the technology and retail hubs of the Financial District and Union Square. The company’s 300-plus employees in the Bay Area (part of a global headcount of approximately 1,300), will occupy 50,000 sq. ft. across two floors. The office layout will support Afterpay's new flexible workplace approach (office, remote or hybrid) with such features as more than 25 conference rooms, a large space to host company-wide meetings and events, a product testing lab, a game area, a full-service coffee bar and several open collaboration spaces. “Afterpay's new office and its location perfectly captures Afterpay's business at the intersection of technology, finance, shopping and culture,” said Nick Molnar, Co-CEO and Co-Founder at Afterpay.

Source: Conway Analytics

 

2021 GEORGIA ECONOMIC DEVELOPMENT GUIDE

AUTOMOTIVE & EVS

A Quiet Revolution

Even before the big news from Rivian last month, Georgia was already all in for EVs.

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From the September Issue

UTILITIES & BROADBAND

Rural Connection

Broadband initiatives connect Georgia’s rural regions to the globe.

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 SITE SELECTION RECOMMENDS 
Torc Robotics test drives a truck in the U.S. Southwest.
Photo courtesy of Torc Robotics

Ever since Site Selection’s Ron Starner reported in October 2018 about his visit to Torc Robotics, the Virginia-based developer of self-driving trucks has experienced tremendous growth that includes joining the Daimler Truck family as an independent subsidiary in 2020, and opening a test center in Albuquerque, New Mexico. Last week the company announced yet another expansion will take place in early 2022: a new 21,000-sq.-ft. office in Austin, Texas. "We are aggressively hiring key talent in Engineering and Product Development to support our strategic growth. With Austin's relatively low cost of living as compared to other major cities in the U.S. and high quality of life, it was the logical choice for our new facility," said Mike Avitabile, vice president of engineering. "The local talent pool is impressive, and the city is also known for being innovative, collaborative, and entrepreneurial.”

Other reasons for the location choice included the city’s location along the Southwest shipping corridor, a key area for long-haul freight travel in the U.S. While the Texas facility will host mainly software development teams, Torc also plans to utilize the area to expand autonomous test truck development. “Trucking is the backbone of the U.S. economy, and we predict hauling freight will be the first successful commercial application of self-driving on-road vehicles,” said Michael Fleming, Torc Founder and CEO.

 

 PHOTO OF THE DAY 
Photo courtesy of Siemens
Deutsche Bahn (DB) and Siemens Mobility recently announced they had developed the world’s first train that operates by itself in rail traffic. Dr. Richard Lutz, CEO of DB, and Dr. Roland Busch, CEO of Siemens AG, together with Dr. Peter Tschentscher, Mayor of Hamburg, presented the train in October 2021 as it made its debut as part of the Digital S-Bahn Hamburg project.

 
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