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

ARKANSAS

Steel Titans Betting Billions on Arkansas

Mississippi County will soon take over as the top steel producer in the country. Arkansas Economic Development Commission Secretary Mike Preston tells us why.

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From the September Issue

MID-ATLANTIC

A New View of the District

Why the District of Columbia has gone from “the hole in the donut” to “the jelly in the donut” when it comes to economic development.

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 PROJECT WATCH 

Morocco

India-based auto component manufacturer Motherson last week inaugurated this new facility in the Tanger Med free zone development in Tangier. A company release said new facility is a part of Motherson’s Modules and Polymer Products division and will produce interior modules and components like instrument panels and door panels for passenger vehicles and light commercial vehicles. The facility replaces and doubles the size of the company’s existing Tétouan site established in 2010. “The improved proximity to the customer will help in saving transportation costs and the expanded capacity will allow Motherson to provide more employment and growth opportunities in Tangier,” the company stated. “Morocco is a very strategic location for Motherson due its proximity to Europe and the Middle East,” said V.C. Sehgal, the company chairman. “We highly appreciate the continuous support of the Moroccan government and Tanger Med teams to accelerate investment in Tangier. We are committed to continuing our efforts to support the automotive sector in this region to enable it to reach its full potential.”

Source: Conway Projects Report

China

Vancouver, B.C.-based fuel cell power company Ballard Power Systems in late September announced a “local for local” strategy that calls for deepening its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. “As part of this strategy, Ballard has entered into an investment agreement with the Government of Anting in Shanghai’s Jiading District to establish its new China headquarters, membrane electrode assembly (MEA) manufacturing facility and R&D center at a site strategically located at the Jiading Hydrogen Port, located in one of China’s leading automotive industry clusters,” the company stated. In addition to production capacity for 13 million MEAs (which will supply approximately 20,000 engines), the facility will also include space to assemble approximately 600 engines annually to support the production and sale of Ballard engines in the rail, marine, off-road and stationary markets in China, as well as for certain export markets, Ballard said. The move follows completion of the company’s MEA manufacturing expansion in Canada last year. “This investment is expected to reduce MEA manufacturing costs, align with China’s fuel cell value chain localization policy, and position Ballard more strongly in the hydrogen fuel cell demonstration cluster regions and for the post-subsidy market,” Ballard said. “We are thrilled to be partnering with Anting, Jiading District, which has quickly become a key hydrogen technology hub in China,” said Alfred Wong, Ballard China CEO.

Source: Conway Projects Report

 

 

2022 ILLINOIS INVESTMENT GUIDE

STATISTICAL PROFILE

Illinois by the Numbers

See the data on top projects and sectors, and numbers that fortify the state’s case as a place to do business.

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 SITE SELECTION RECOMMENDS 

Map courtesy of U.S. Drought Monitor

Looking to screen out regions at multiple risks of climate and weather calamity for your next facility investment? Climate Mapping for Resilience and Adaptation (CMRA) integrates information from across the federal government to help people consider their local exposure to climate-related hazards. The site also points users to Federal grant funds for climate resilience projects, including those available through the Bipartisan Infrastructure Law. As this map from the U.S. Drought Monitor service at the University of Nebraska-Lincoln illustrates, much of the U.S. is experiencing conditions from abnormally dry to severe drought. The value of water is at the center of the new Valuing Water Finance Initiative led by Ceres and the Government of the Netherlands, a global effort to “engage companies with a high water footprint to value and act on water as a financial risk and drive the necessary large-scale change to better protect water systems.” Water reuse is one area of innovation: Last week the U.S. Environmental Protection Agency announced research grants totaling $6.4 million to Iowa State University and the Water Research Foundation in Denver for research to support national efforts to reduce technological and institutional barriers for expanded water reuse.

 

 PHOTO OF THE DAY 

Dune grass dances at sunset at Sleeping Bear Dunes National Lakeshore in Michigan. The location’s name comes from the Anishinaabek (Odawa/Ottawa, Ojibwe/Chippewa, and Potawatomi/Bode’wadmi) story of Sleeping Bear, in which a mother waits for her cubs on the shores of Lake Michigan. “Today, the park continues to work with Anishinaabek partners to expand the storytelling about the area’s landscapes and the people who lived there,” says the National Park Service on this Indigenous Peoples’ Day.

 
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