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

TOP TECH HUBS

Top Markets for STEM Job Growth

Highlights from the fifth annual STEM Job Growth Index from RCLCO and CapRidge Partners

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From the September Issue

INVESTMENT PROFILE: NEBRASKA

Seeing Nebraska from a New Perspective

Governor Pete Ricketts serves as chief architect of a Heartland business expansion boom.

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 PROJECT WATCH 

Japan

As reported by Fuels and Lubes, KH Neochem Co., Ltd. is constructing a new manufacturing plant to make raw materials for refrigeration lubricants in Ichihara City, Chiba Prefecture, Japan. The Japanese company has two plants: one in a petrochemical complex in Yokkaichi and the other in the Keiyo Rinkai area in Chiba. “Recently, there has been growing demand for KH Neochem’s refrigeration lubricant raw materials due to the expansion of the air conditioner market in emerging countries and the shift to environmentally friendly refrigerants to protect the ozone layer and prevent global warming,” said the FuelsandLubes.com report. “Refrigeration lubricant is a lubricating oil used to circulate refrigerants inside air conditioners. With the tightening of international environmental regulations, demand for environmentally friendly refrigeration lubricants is expected to grow further in the future.” Construction will begin in June, with completion expected in July 2024.

Source: Conway Analytics

California

Shanghai-based MicroPort Scientific Corp., a maker of drug-eluting stents and other medical devices, announced in November it would establish this HQ for the Americas in Irvine, where it will “house the Miracle Point Southern California Innovation Center and Intelligent Manufacturing Base” and form a “MicroPort U.S. Triangle” with R&D and manufacturing sites in Boston and Memphis. An intelligent production line of coronary stent products is planned to complete installation and trial runs within two years with large-scale mass production capacity. Global shipments of the company’s coronary stent systems are expected to exceed 1.2 million this year. “MicroPort will continue to invest US$200 million in Southern California in the next five years, and create around 500 high-quality jobs to further support the local communities,” said Jonathan Chen, the company’s chief international business officer. The company further stated that its U.S. triangle would complement R&D and manufacturing in Greater China, UK, France, Italy and Spain, to form the “MicroPort Global Triangle” of R&D and production centers in Asia, Europe and Americas.

Source: Conway Analytics

 

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 EVENTS 

 

WORKFORCE 2022

COMMUNITY COLLEGES

The Invisible 3.7 Million

A report from Opportunity America emphasizes the importance of community college to workforce development programs.

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From the September Issue

INVESTMENT PROFILE: DALLAS COLLEGE

Worker Training Shifts into High Gear in Dallas

Dallas College partners with local employers to close the skills gap.

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 SITE SELECTION RECOMMENDS 
Map courtesy of the Tax Foundation

The Tax Foundation last week ranked European OECD countries on cross-border tax rules in the last part of a series examining the five components of its International Tax Competitiveness Index. The UK’s cross-border tax system ranks the highest, while Slovakia’s ranks the lowest. “Like most OECD countries,” says the Foundation, “the UK operates a territorial tax system, fully exempting foreign-earned dividends and capital gains from domestic taxation.”

 

2021 GEORGIA ECONOMIC DEVELOPMENT GUIDE

CORPORATE HEADQUARTERS

Brands Large and Small Find Success in Georgia

You’d be amazed how many companies make their home in the Peach State, ranked No. 8 in the nation for Fortune 500 headquarters.

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From the September Issue

STATISTICAL PROFILE

Georgia by the Numbers

Charts and infographics highlight the state’s top projects, industry sectors and economic development indicators.

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 PHOTO OF THE DAY 
Photo by BAI Yu, Shenzhen Luohan Photography Studio, courtesy of Crossboundaries and v2com

This image from design firm Crossboundaries captures the multitude of activities unfolding at Shenzhen Nanshan Sky Park in the Chinese megalopolis of nearly 17 million. The project was commissioned by the local government to occupy the rooftop of the southern terminal and depot of Shenzhen’s Metro Line 2, which extends for 1.2 km. (three-quarters of a mile). The metro line leads to Shekou, a major crossing point across Shenzhen Bay to neighboring Hong Kong by ferry, bus, car, or train. The project was designed to serve several neighboring schools; the leisure sports needs of the general public; and the facility requirements of pro sports events with an audience. In total, for all of the schools, five tennis and six basketball courts, as well as two five-a-side fields, were constructed, along with several running tracks. The competition and training area for professionals was equipped with two lawn courts, six competitive tennis courts, four training and two clay courts, and two volleyball courts. The community segment features green areas, as well as a full-size soccer field.

“Our linear park is like a missing puzzle that plugs into the neighboring communities,” says Binke Lenhardt, co-founder of Crossboundaries, with offices in Beijing and Frankfurt, Germany. “It creates the necessary physical and visual link between the urban tissue and the seaside and, along the way, aims to satisfy the schools’ and the public’s ever growing need for recreational spaces and room to breathe in a dense, urban environment."

 
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