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

ADVANCED MANUFACTURING

No Manufacturer Is an Island

How one location builds bridges to companies large and small.

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From the September Issue

INVESTMENT PROFILE: INDIANA MUNICIPAL POWER AGENCY

The Dawn of Solar City, Indiana

Solar parks are the new calling card of Richmond, Indiana, thanks to an initiative launched a decade ago by Indiana Municipal Power Agency.

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 PROJECT WATCH 

Tennessee

Following the lead of a number of tech companies such as Thnks, Yoshi, Smart Pension and Conquest Cyber, monitoring and automation company Energybox is moving its HQ from New Jersey to metro Nashville. As documented in filings with the Tennessee Comptroller of the Treasury, the IoT company expects 25% of employees to relocate to Tennessee, and qualified for a $1 million FastTrack job training assistance grant from the Tennessee Department of Economic and Community Development. Reporting in Hypepotamus states that the Greater Nashville Technology Council estimates that there are over 64,000 tech workers in the region, with a recent study from urbanist Richard Florida suggesting that Nashville has seen the highest rise in the number of college-educated residents of any city.

Source: Conway Projects Report

South Dakota

In June Millborn Seeds of Brookings was approved for a REDI fund loan of $2.2 million from the Governor’s Office of Economic Development that will be used for this major expansion of storage space, loading docks, and equipment to handle, clean, package and distribute more seeds. The company’s specialists work with farmers across the nation in such areas as forage, cover crops, conservation, wildlife, turf and commercial. A 2021 study by Decision Innovation Solutions found that South Dakota reaps $11.7 billion in total value added and 129,753 jobs from agriculture, agri-food, forestry, and related economic activity, including $3.3 billion and 30,817 jobs from crop production and related industries.

Source: Conway Projects Report

 

 

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2022 MISSISSIPPI DEVELOPMENT GUIDE

ADVANCED MANUFACTURING

Whole Lotta Makin’ Goin’ On

In Tupelo, birthplace of Elvis, it’s always manufacturing season and gears are always, well, gyrating.

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 SITE SELECTION RECOMMENDS 

Image courtesy of IREC

The 12th annual National Solar Jobs Census was released last week by the Interstate Renewable Energy Council (IREC). Solar energy jobs were up in 47 states and increased 9% nationwide from 2020 to 2021 to a total of 255,037 solar workers, the census reports. “This job growth took place in a year of record solar installations driven by increased demand for renewable energy among residential customers, municipalities, businesses, and electric utilities,” IREC stated. “Overall, the solar industry added 21,563 jobs in 2021, with more than two-thirds of these new jobs (14,350) at installation and project development firms.”

 

 PHOTO OF THE DAY 
Photo courtesy of FPL

As part of its recently announced “Real Zero” goal to decarbonize operations no later than 2045, Next Era Energy plans to grow the amount of solar generation on the Florida Power & Light system from nearly 4,000 MW from 15 million solar panels today to more than 90,000 MW from hundreds of millions of solar panels. “Economic studies indicate that reaching NextEra Energy's Real Zero goal could create up to 150,000 jobs and add $15 billion in annual gross domestic product (GDP) in Florida through 2045,” said a June release. NextEra Energy Resources operates the world’s largest clean energy portfolio, with a generating capacity of 24,000 MW of renewable energy from the wind and the sun.

 
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