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

IDAHO

Idaho Hits on a Big One and Looks for More

Before the Micron news became official, Meta’s $800 million data center was a big kahuna in its own right.

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CONWAY CUSTOM CONTENT

ARKANSAS

The Digital Edition of the 2022 Arkansas Economic Development Guide Is Live!

Hear from executives across multiple industries, including exclusive coverage of site selections from major companies such as Tractor Supply Co. Find out what recent tax cuts mean for your business. Gain insights into the state’s surging steel, food, aerospace, firearms, film production and timber sectors, not to mention its emerging startup, smart mobility and fintech scenes. Learn what the state’s universities and colleges are up to in workforce development. Discover why one virtual company likes the beautiful places of Arkansas for remote work and meetings. Plan your next outdoor adventure in the Natural State. And, last but not least, find out what Toad Suck Daze is really all about.

 

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 PROJECT WATCH 

Jamaica

Jamaica landed a new business process outsourcing (BPO) operation in August from American First Finance, whose COO Thomas Nusspickel told Nearshore Americas that Guatemala and Colombia were also considered for the center, located in a free zone incubator area. The company hopes to have 200 employees on site by year’s end. While the company is pleased with the level of talent and with improved digital and physical infrastructure, the level of red tape has been less welcome, Nusspickel said. “It takes so much time to make any move or change,” he told Nearshore Americas. “We wanted Special Economic Zone certification for tax purposes, and that is something that they could make a lot easier for companies like us. It takes up to six months.”

Source: Conway Projects Report

North Carolina

Thermo Fisher Scientific’s completion of this project in Mebane, located along I-85/I-40 between Greensboro and the Research Triangle, is just the latest in a flurry of project in the state from the company, including multiple expansions at its campus in Greenville (also home to the campus of East Carolina University), where the headcount is close to 2,300 across eight buildings on 142 acres about two hours’ drive to the east of Mebane. The company also just opened a new bioanalytical lab in Richmond, Virginia (two-and-a-half hours’ drive north of Mebane) and a new $160 million facility in Chelmsford, Massachusetts.

Source: Conway Projects Report

 

 

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2022 ILLINOIS INVESTMENT GUIDE

FILM & TV

Chicago Takes Center Stage

In 2021, the state broke film production revenue records at $630 million, surpassing its 2019 record by $70 million.

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 SITE SELECTION RECOMMENDS 

New York–based global law firm Latham & Watkins LLP last week performed an act of public service for business and economic development professionals, students, community leaders, elected officials and, yes, journalists, by posting free of charge in online, PDF and app formats “The Book of Jargon® — Real Estate & REITs,” the latest in its Book of Jargon series, with 1,129 terms that you might think you know but then again, might not. Complete with links to more information, the publication offers guidance on everything from “abandonment” to “impact fee” to “tenant improvement allowance” to “zoning ordinance.”

 

 PHOTO OF THE DAY 
Photo courtesy of The Haunted Trail of Balboa Park

There’s only one more week until Halloween. If the world is not scary enough for you already, it’s time to head to your local haunted house. This photo comes from a place CNN named to its Top 5 Best Haunted Attractions in America, The Haunted Trail of Balboa Park in San Diego, which offers two haunts in one: “the 3,500 square foot eXperiment Maze and a mile-long terrifying outdoor Trail through twisted pines and gnarled oaks.” The venue invites you to “feel your way through the fog of the upside-down world with Vecna breathing down your neck. Climb aboard the Ghoul Bus where a cloister of Nuns share the horrifying ride with you.” Don’t let down your guard, lest you be unprepared for the chainsaw-wielding zombie rodeo clowns. San Diego hospitality and relaxation at its finest!

 
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