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

SITE VISIT

The Rise of the Silicon Heartland

What Intel’s massive investment in Ohio means for the Midwest and beyond.

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From the September Issue

EDITOR’S VIEW

How States Lure the Big Fish

All governors are their states’ main salesmen and women when it comes to landing the transformative projects that add billions of dollars to their economies and create hundreds or thousands of jobs.

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From the May Issue

INVESTMENT PROFILE: SAN BERNARDINO COUNTY

Youth Is Served Here

Employers flock to San Bernardino County in search of young, highly trained workers.

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 EVENTS 

 

OREGON ECONOMIC DEVELOPMENT GUIDE

INCENTIVES

Lending a Helping Hand

Business Oregon stands ready to assist companies that are primed to grow.

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From the September Issue

STATISTICAL PROFILE

Oregon by the Numbers

Quick snapshots deliver key facts about the state’s recent project activity, demographics and overall economy.

Read More >>>

 

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 PROJECT WATCH 

Thailand

Germany-based Lenzing Group, a global supplier of wood-based specialty fibers, last week opened what it called the largest plant of its kind in the world for the manufacture of up to 100,000 tons a year of lyocell fibers. “The construction of the plant located at Industrial Park 304 in Prachinburi, around 150 kilometers northeast of Bangkok, started in the second half of 2019 and proceeded largely according to plan,” said the company, “despite the challenges arising from the COVID-19 pandemic.” Citing growing Asian demand for the company’s biodegradable fibers, Robert van de Kerkhof, member of the Managing Board, said, “With the production start of the lyocell plant in Thailand, Lenzing reached an important milestone in its growth journey, supporting our ambitious goal to make the textile and nonwoven industries more sustainable.” The company is currently in the midst of the largest capital investment program in its history, including a growing site in Brazil. In Thailand, the site offers space for several production lines: “The investment in the first phase already includes general infrastructure that would benefit future expansion. However, Lenzing will continue to look for opportunities to expand lyocell production in other parts of the world too.”

Source: Conway Analytics

Finland

Bayer is building a new pharmaceutical facility and modernizing an existing plant in Artukainen, Turku, which the company calls “the contraceptive capital of the world.” The investment is central to Bayer’s goal “to provide 100 million women in low- and middle-income countries with access to family planning and modern contraception by the end of 2030,” said Miriam Holstein, CEO of Bayer Nordic, when the project was originally announced last summer. Expected to be complete by 2025, the investment in a highly digitized manufacturing site “will further promote the measures that our Turku plant has already taken over the past 30 years, to achieve gender equality and support women and their families,” she said. The contraceptive hormonal coil product family developed and produced in Turku is Bayer's third best-selling pharmaceutical product globally, sold to over 130 countries. “Turku is Bayer’s global center of expertise and innovation hub for polymer-based pharmaceutical technology and long-acting reversible contraceptives,” said Jennifer Hunt, head of the Product Supply Center Turku, last summer. Bayer Nordic, which maintains its HQ in Espoo, employs around 1,000 people in Finland.

Source: Conway Analytics

 

 

 SITE SELECTION RECOMMENDS 

On Thursday, March 17, the Volcker Alliance and Penn Institute for Urban Research will convene a 60-minute online briefing on the implications of the emergence of permanent work from home or hybrid work models as state and local governments address fluctuations in their economies and revenues. The panel will include Jose Maria Barrero, associate professor, Instituto Tecnològico Autònomo de Mèxico; Howard Chernick, professor emeritus, Hunter College, CUNY; Ally Schweitzer, reporter, WAMU; and Anthony Williams, former mayor, Washington, D.C.

Read the most recent Site Selection treatment of the topic in “Dislocation, Dislocation, Dislocation” from our September 2021 issue and, more recently, in “Go On the Offensive,” contributed by the experts at Cresa to Site Selection’s Workforce 2022 report.

 

 PHOTO OF THE DAY 

The situation in Ukraine drove Site Selection Publisher and Director Laura Lyne to dig into her archives to retrieve this photo. She made it 20 years ago during a Black Sea cruise that included a stop near the Swallow’s Nest, a castle overlooking the Crimean Sea in Gaspra, near Yalta. Although the castle looks medieval in style, it was built in 1912 for German oil magnate Baron Steingel, who made his money from Caspian Sea oil.

 
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