i i
FROM SITE SELECTION MAGAZINE, July 2022 ISSUE
From the May Issue

OKLAHOMA

Rare Earth Magnet Producer to Start Operations in Stillwater

Thayer Smith, president of USA Rare Earth, tells Mark Arend why Oklahoma will soon be home to the Americas’ first rare earth metal and manufacturing facility, giving the state a head start in the U.S. as companies bring such operations stateside.

Read More >>>
From the September Issue

INVESTMENT PROFILE: SPRING BRANCH MANAGEMENT DISTRICT, TEXAS

The Heart of Houston Beats with Business

Spring Branch bears fruit with a rich harvest of expanding companies.

Read More >>>

 

ii
 PROJECT WATCH 

Tennessee

Cincinnati-based grocery retailer The Kroger Co. announced last week new spoke cross-dock facilities in Nashville and in the Chicago suburb of Maywood as the company adds to its national e-commerce network of automated distribution and delivery facilities operated with Ocado Group. The 40,000-sq.-ft. facility in Nashville “will work in conjunction with the Atlanta fulfillment center [located in Forest Park], increasing the network's reach to customers up to 200 miles from the hub,” the company said, while the Maywood facility will coordinate with a hub fulfillment center in Pleasant Prairie, Wisconsin. Kroger currently operates other customer fulfillment centers in Monroe, Ohio; Groveland, Florida; and Dallas, Texas. The fulfillment network plans additional customer fulfillment centers in California; Frederick, Maryland; Phoenix, Arizona; Romulus, Michigan (Detroit); Cleveland, Ohio; Charlotte, North Carolina; Aurora, Colorado (Denver), and in South Florida and the Northeast. Which likely means new spoke facilities to come.

Source: Conway Projects Report

Mexico

As reported in Milenio and Inmobiliare, this multimodal logistics company will invest in the first phase of a major new site in Torreon, Coahuila, located in the region of northern Mexico known as the Comarca Lagunera (Region of Lagoons) found in parts of Coahuila and Durango. The initial facility of nearly 1 million sq. ft. will be followed by a second phase of nearly 108,000 sq. ft. Alluding to the region’s growing cluster of companies in logistics and in the electric vehicle sector, Miguel Ángel Riquelme Solís, governor of Coahuila, credited his state’s security and rule of law for attracting companies, in addition to strong relationships with labor and teacher unions, and the supply of skilled labor.

Source: Conway Projects Report

 

 

ii
2022 MISSISSIPPI DEVELOPMENT GUIDE

PORTS & WATERWAYS

Circulatory System for the Fiber Basket

Learn straight from Enviva why a deepwater terminal in Pascagoula is a linchpin for the bioenergy company’s global business plan.

Read More >>>

 

 SITE SELECTION RECOMMENDS 

A new 20,000-seat cricket stadium will soon rise in Buckeye, Arizona, one of the fastest-growing areas in the country.

Rendering courtesy of The Mangat Group

Nobody wants their project announcement to yield “[crickets].” But an ambitious new project in Arizona is planning to yield cricket. Specifically, land developer The Mangat Group is investing $50 million in the new 20,000-seat MG Cricket Stadium in the community of Buckeye as part of the forthcoming Major League Cricket league in the U.S. “While there are cricket complexes in Los Angeles, Indianapolis, and Pearland, Texas, MG Cricket Stadium will be the second ICC-Certified cricket stadium in North America, the first west of the Mississippi, and the first cricket stadium in the state of Arizona,” Mangat Group stated. “The only other ICC-Certified stadium is located in Lauderhill, Florida.” Earlier this year, the company explained, USA Cricket partnered with American Cricket Enterprises (ACE) to create a professional US T20 cricket league “that will hopefully lead to the creation of Major League Cricket across the country.” Yesterday, the U.S. cricket team lost a third-place match in Zimbabwe to the team from Papua New Guinea, as the Netherlands and Zimbabwe claimed the final two spots in the 2022 Men’s T20 World Cup.

 

 PHOTO OF THE DAY 
Photo courtesy of Dominion Energy and The Nature Conservancy

This photo shows an area in southwest Virginia’s Wise and Dickenson counties that is on the way to transforming from former surface coal mines to utility-scale solar power. Dominion Energy Virginia and the Nature Conservancy last September announced their intent to repurpose 1,200 acres of the former Red Onion mine and surrounding properties for a new 50-megawatt solar power installation. “Southwest Virginia and the wider Central Appalachian coalfields have an important role to play in the renewable energy economy,” said Brad Kreps, director of The Nature Conservancy's Clinch Valley Program. “Some of the region's former mined lands are well suited for solar development and by directing development towards these areas it will help us conserve the region's intact forests for wood products, carbon storage, wildlife habitats, outdoor recreation and tourism.”

The Highlands Solar project will be developed within the Cumberland Forest Project and surrounding properties. “Managed by The Nature Conservancy and owned by its Cumberland Forest, LP impact investment fund, the Cumberland Forest Project was announced in 2019 and encompasses nearly 253,000 acres of land in Southwest Virginia, Eastern Tennessee, and Eastern Kentucky,” the organizations explained last September. “The vast majority of the property is designated for the protection and restoration of native forests. However, there are several thousand acres of non-forested, former surface coal mines that can support solar energy projects and local economic development with minimal impacts to the environment.”

 
[[trackingImage]]