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

FLORIDA

How Florida Became a Launchpad for Small Business Growth

Entrepreneurs share their stories from the front lines of the pandemic and recession.

Read More >>>
From the September Issue

INVESTMENT PROFILE: DELAWARE

Discovery Hub Adds Clout to University’s Research Ecosystem

Learn how directly from the site manager for Chemours.

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 EVENTS 

 

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 PROJECT WATCH 

India

According to multiple reports, Maruti Suzuki is now moving forward with this huge complex on an 800-acre site in Kharkhoda, located in Haryana state in northern India. The location’s first plant is targeting a capacity of 250,000 vehicles annually, primarily internal combustion engine cars. The site is located in IMT Kharkhoda in District Sonipat. The agreement for the site was completed last week with Haryana State Industrial and Infrastructure Development Corporation Ltd. The company also operates plants in the Haryana locations of Manesar and Gurugram, and is making investments in the state of Gujarat to manufacture EVs. Maruti Suzuki recently advertised its follow-through as part of the Make in India initiative by setting a record for most annual exports of Indian-made vehicles, at 238,376.

Source: Conway Analytics

Serbia

Though the name looks like it refers to Haiti, this “Haitian” is a Chinese company that last week reached an agreement with the government of Ruma (Vojvodina) on the sale of land in the Rumska Petlja industrial zone where it will construct production facilities for injection molding machines. The initial investment in production and office will span more than 1 million sq. ft. Ultimately the company plans to bring four production lines to the site, including CNC machines. As reported in a Serbian-language report in Euronews last week, Haitian CEO Sun Jiming said the company is investing in Serbia with the aim of establishing a new production base with good connections to the Port of Rijeka and highways that will enable connections to European markets, “as well as those in Russia, Turkey, the Middle East, India and even the United States.”

Source: Conway Analytics

 

 

TEXAS ECONOMIC DEVELOPMENT GUIDE 2022-2023

FDI & EXPORTS

Not Even Close

Texas exports — which just led the nation for the 20th consecutive year — keep setting records.

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From the September Issue

INVESTMENT PROFILE: TERRELL, TEXAS

How Terrell Turned a Corner

A magnet for growth on I-20 goes from sleepy suburb to regional hub. Could a regular Tuesday morning meeting be the secret?

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 SITE SELECTION RECOMMENDS 
Amazon says more than 1,000 of its planned 2,500 new jobs in Southern California will be located in Santa Monica, where it’s signed a 200,000-sq.-ft. lease at the Water Garden (pictured). The new site will begin welcoming employees in mid-2023, the company says.
Photo courtesy of Amazon

Amazon this month committed to adding 2,500 corporate and technology jobs at tech hubs in San Diego, Irvine and Santa Monica, California. The company said it opened more than 15 sites in Southern California alone last year and created more than 17,000 jobs statewide. “These 2,500 new jobs include roles building cloud infrastructure, improving the Alexa experience, and designing cutting edge video games,” said Holly Sullivan, Amazon’s vice president of worldwide economic development (read Site Selection’s interview with Sullivan from last year). “Communities across California have welcomed Amazon over the past decade and have seen firsthand how our investments can unlock new opportunities for their neighbors and local economies. We’ve created more than 170,000 jobs across the state and are committed to continue investing here,”

 

 PHOTO OF THE DAY 

Meanwhile, elsewhere in Southern California: Gurbax Sahota, president and CEO of the California Association for Local Economic Development (CALED), made this photo of Paul Newman, a longtime regional director of sales for Site Selection, during a group tour of the Port of Long Beach during CALED’s annual conference last week. Yes, Paul, big bridges are almost as cool as giant cranes! Each year the port handles more than 2,000 vessel calls, more than 8.1 million 20-foot container units (TEUs) and cargo valued at $200 billion.

 
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