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ONLINE INSIDER
From the September Issue

Make Room for ESG

Tractus Asia Managing Director John Evans and Research Analyst Sarah Urtz say it’s a “must-have” factor in industrial site selection.

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

VIRGINIA

Why LEGO Chose Virginia

LEGO Group’s head of Americas Expansion and Discovery and other stakeholders talk to Ron Starner about the company’s billion-dollar decision. And tech jobs continue to grow in Lynchburg.

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From the September Issue

EDITOR’S VIEW

Are Your Business Climate Requirements Shifting?

Mark Arend shares insights from recent business climate and reader surveys.

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 CONWAY DATA SNAPSHOT 
Employers based in and around the nation’s capital dominate the list of HIRE Vets Medallion recipients, but the top city by number of recipients is Huntsville, Alabama.
Map courtesy of U.S. DOL

Tomorrow is Veterans Day in the United States. Yesterday, the U.S. Department of Labor held a virtual ceremony to present the 2022 HIRE Vets Medallion Awards, established by law in 2017 to recognize a company or organization's commitment to veteran hiring, retention, and professional development. A total of 835 organizations were recognized. Sorting the spreadsheet provided by the DOL produces these lists of the Top 10 states and cities by number of 2022 HIRE Vets Medallion recipients:

Top States
Virginia 178
Florida 66
Texas 53
Maryland 52
California 43
Pennsylvania 41
Alabama 33
North Carolina 27
Colorado 22
Ohio 22

Top Cities
Huntsville, Alabama 23
Alexandria, Virginia 15
Reston, Virginia 15
Arlington, Virginia 14
Fairfax, Virginia 14
Tampa, Florida 13
Falls Church, Virginia 13
Chesapeake, Virginia 10
Fredericksburg, Virginia 10
Herndon, Virginia 10

Most of the medallion recipients were small and medium-sized employers. Among the 90 large employers recognized were familiar military and defense companies such as General Dynamics, Northrop Grumman and Lockheed Martin. Among large non-defense companies receiving the platinum medallion were utilities such as California’s PG&E and Florida’s NextEra Energy as well as restructured Arkansas telecom company Windstream; the City of Toledo, Ohio; Memphis-Shelby County Schools in Tennessee; and Virginia-based Booz Allen Hamilton.

Searching for a veteran-friendly state, city or employer? The DOL offers a fully searchable database of all medallion award winners over the five years since the program’s inception. The BLS offers further insights into the employment situation of veterans. In 2021, 18.5 million men and women were veterans, accounting for about 7% of the civilian noninstitutional population age 18 and over. — Adam Bruns

 

ARKANSAS ECONOMIC DEVELOPMENT GUIDE 2022-23

TAX CUTS

Trimming Taxes in Arkansas

Personal, corporate income tax cuts have accelerated in Arkansas.

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From the September Issue

FOOD & BEVERAGE

How Arkansas Become a One-Stop Shop for America’s Favorites

An iconic roster of food and beverage brands continues to find success fueled in part by the state’s agricultural strength.

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 SITE SELECTION RECOMMENDS 

Pitchbook on October 31 released a report ranking universities by the number of startup founders they produce. Stanford University, University of California, Berkeley and Harvard University topped the undergraduate list and were the only three schools with more than 1,000 companies to their graduates’ credit. At the graduate school level, Stanford, Harvard and Massachusetts Institute of Technology led the way. “MIT ranks in the top four for undergraduate and graduate school rankings, despite having a total enrollment of just 11,934 in 2021,” Pitchbook stated. Israel’s Tel Aviv University and Technion are among the highest-ranking undergraduate programs, while the UK’s Cambridge and Oxford make the top 10 in the graduate school list. The rankings also break out leaders by female founders and offer a complete spreadsheet of all ranked universities.

 

 PROJECT WATCH 

California

As reported by GlobeSt.com and The Real Deal, among others, Target has pre-leased 1.2 million sq. ft. in the Inland Empire’s Jurupa Valley in a 15-year deal. The property is part of a 3.6-million-sq.-ft., five-building industrial campus being developed by CT Realty in partnership with Prudential Global Investment Management. GlobeSt.com and JLL report that developers have broken ground on 16 warehouses of 1 million sq. ft. or more since the beginning of 2022. Analysis by consulting firm MWPVL pegs Target’s entire distribution network as of this year at 52 total facilities, with 57.7 million active sq. ft. and 6.8 million sq. ft. under development.

Source: Conway Projects Report

Illinois

In response to customer demand, crop protection contract manufacturer AECI Schirm USA is investing in one herbicide Suspension Concentrate (SC) herbicide plant and one Emulsifier Concentrate (EC) herbicide plant at this site procured last year for $2.3 million from Bio Fuels by American Farmers & Veterans. The company is also increasing production at its existing site in Ennis, Texas. “The USA is a major player in the global agriculture industry with over 913 million acres of cultivable land and natural farmland,” said Mark Dytor, AECI’s chief executive. “These two strategic projects will strengthen AECI’s infrastructure base in the USA, particularly in terms of manufacturing and warehousing as well as managerial capacity, and support diversification of the geographical footprint for other Group businesses,” including plant health and specialty chemicals products.

Source: Conway Projects Report

 

 

 PHOTO OF THE DAY 

Site Selection Executive Ron Starner made this photo this week while day hiking along the Boise River in the Boise suburb of Eagle, Idaho, whose slogan is “Life, Done Right.” According to BuildIdaho.com, the town’s roots come from a piece of farmland purchased in 1863 by Illinois native Truman Catlin, who dubbed Eagle Island because of the large number of bald eagles along the river. The town of Eagle got its start in earnest, however, when a bridge was built across the river in the 1890s.

 
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