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

QUEBEC

Designed for Tomorrow

As organizations do all they can to lure and retain talent, award-winning designs shine a light on the evolving workplace.

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From the September Issue

SHOVEL READY SITES

Want Big Projects?

As Wolfspeed’s $1 billion silicon carbide manufacturing plant held its grand opening this spring in Marcy, New York, Gov. Kathy Hochul announced a new $200 million program to fund more shovel-ready sites across the state.

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 SITE SELECTION RECOMMENDS 

The importance of shovel-ready land and a project-ready operating environment was highlighted this morning as Taiwan’s GlobalWafers committed to a 1,500-job silicon wafer fab in Sherman, Texas. It’s the same city where Texas Instruments committed to investing billions of dollars into new chip fabs seven months ago. The announcement from the U.S. Department of Commerce made clear how this and other potential semiconductor investments in the U.S. are dependent on passage of the “CHIPS for America” Act.

“We are at a make-or-break moment to expand domestic semiconductor production,” said U.S. Commerce Secretary Gina Raimondo. “Semiconductor firms need to make investment decisions by the fall to meet the enormous increased demand for chips. GlobalWafers committed to the U.S. because they believe Congress will get the Bipartisan Innovation Act over the finish line in the coming weeks.”

“With the proper level of federal incentives,” said GlobalWafers President Mark England,” I can envision the City of Sherman developing into the complete semiconductor ecosystem to fully support the growing U.S. semiconductor industry.”

 

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TEXAS ECONOMIC DEVELOPMENT GUIDE 2022-2023

STATISTICAL PROFILE

Texas by the Numbers

Examine the data and accolades from every corner and you start to understand why Texas, with the ninth largest economy in the world, is the leading destination for companies relocating from other states.

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 PROJECT WATCH 

Belgium

Originally announced in 2020, this new waste- and residues-based biodiesel plant at Cargill’s existing integrated oilseeds crush and Bioro biodiesel site in Ghent, Belgium, was officially completed earlier this month. The investment was precipitated in part by the European Renewable Energy Directive (RED II), and brings a new level of flexibility where feedstock is concerned. “The new Cargill facility in Ghent will be the first plant in Europe capable of processing all kinds of feedstocks,” said Roger Janson, president of Cargill’s Agricultural Supply Chain across EMEA, in October 2020, “including acid oils from vegetable oil refining, liquid residues from industrial processes, and even the fat recovered from sewage sludge from local municipalities.”

Source: Conway Analytics

Iowa

Wisconsin-based refrigerator and appliance manufacturer Sub-Zero earlier this month was approved for state incentives by the Iowa Economic Development Authority to back the construction of this new light manufacturing facility in southwest Cedar Rapids. As reported by the Corridor Business Journal, the Cedar Rapids Metro Economic Alliance responded to the state after Sub-Zero reached out to the IEDA during the fourth quarter of 2021. “We have reached the point that our three main sites are burgeoning and full, so we are seeking a new location to add to our footprint for the next leg of our journey,” Scott Wareing, senior vice president of operations and product design for Sub-Zero, stated during public comment earlier this month. “It’s just a phenomenal fit for us and you.”

Source: Conway Analytics

 

 

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 DIGITAL EDITION 

MISSISSIPPI

DIGITAL EDITION

The 2022 Mississippi Development Guide is now available via Digital Edition, a facsimile of the print publication complete with all stories and all advertisements. Inside, you’ll find our conversations with Gov. Tate Reeves and the Mississippi Development Authority’s Linda Hipp. Coupled with profiles of regions such as East Mississippi and the Delta Region, you’ll find industry reports from such sectors as agribusiness, advanced manufacturing, aerospace and shipbuilding, as well as insights into how utilities and the state’s ports and waterways are supporting economic development. And you’ll discover more about a new R&D consortium and the new Accelerate Mississippi workforce development strategy that are driving the Magnolia State to new levels of achievement.

 

 PHOTO OF THE DAY 
Photo courtesy of UNO

The U.S. Economic Development Administration in July 2021 awarded a $1.3 million grant to the New Orleans Business Alliance (NOLABA) to support the development of wet lab space and clean room in the Information Technology Center at The Beach at UNO (pictured), formerly Research and Technology Park, located on Lakeshore Drive along Lake Ponchartrain. That bet is paying off, as General Dynamics Information Technology (GDIT), a business unit of General Dynamics, officially opened its new 50-job New Orleans office there last Thursday. More jobs are expected to be added as work continues on the U.S. Navy Enterprise Service Desk, a four-year, $136 million contract to modernize and consolidate existing IT operations, to be staffed at the company’s offices in New Orleans and Bossier City, Louisiana (GDIT’s flagship location).

“New Orleans has served as the strategic hub for the naval community for more than 50 years,” said Brian Sheridan, GDIT’s senior vice president of defense. “We see a great opportunity to continue our support for the Navy’s mission and grow our footprint and impact in the region. Our investment in the community will also strengthen our partnership with the University of New Orleans to drive innovation.”

 
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