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

U.S. OPPORTUNITY ZONES

OZ Funding Is Up, and Baltimore Is All In

“From the get-go, nothing about OZs has been perfect,” writes Gary Daughters. “Baltimore’s response was to give it a shot.”

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From the September Issue

INVESTMENT PROFILE: SAN BERNARDINO COUNTY, CALIFORNIA

How the Good Life Found An Affordable Home in Southern California

Looking for tech talent and access to capital? Your search may end in San Bernardino County

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 PROJECT WATCH 

Alberta

Irish fintech company Global Shares, recently acquired by J.P. Morgan, in late October announced it would open its largest North American office in Calgary. “The city has so many similarities with Global Shares — from its entrepreneurial spirit, and diverse, skilled, friendly workforce, to being front-runners in digital transformation,” said Global Shares HR Director Stephen Tabb in a release from Invest Alberta. “The city's wide range of outdoor leisure and recreational activities were also important factors in our decision to invest in Calgary, as it offers such an attractive work life balance. Calgary ticks all our boxes, and we are delighted to welcome our new team onboard.” After connecting during a mission to Ireland back in March 2022, Invest Alberta says, the agency helped the company secure real estate, develop employee attraction and retention strategies, and, in collaboration with the Irish Alberta Trade Association (IATA) and Enterprise Ireland, facilitated the move to Alberta. Global Shares won Technology Ireland’s 2021 “Technology Company of the Year” and has been a Deloitte Fast 50 company since 2017, when it won FinTech Company of the Year.

Source: Conway Projects Report

Missouri

St. Louis–based AZZ Precoat Metals, a provider of coil coating solutions with “over 3 million tons of available coating capacity across 15 coating lines in 13 locations,” announced last week it will build a new aluminum coil coating facility in Washington, Missouri, investing nearly $110 million and creating more than 80 new jobs. The company’s new 25-acre facility will open in 2025 in Washington’s Oldenburg Industrial Park, located in Franklin County around 50 miles west of St. Louis along the Missouri River. “We selected the Washington location due to the growing economic development occurring in the area,” said AZZ Precoat Metals COO Kurt Russell. “Additionally, the close proximity to our existing operations ensures local engineering and operational resources will be available for a timely startup and ensures training and staffing assistance will be close by. We are very pleased to have secured a location with several logistical advantages, including rail service and Mississippi River barge access, and being ideally situated near several substrate providers and our customer base.” The company will benefit from the Missouri Works program (a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation) and from Missouri One Start, a division of the Department of Economic Development.

Source: Conway Projects Report

 

 

ARKANSAS ECONOMIC DEVELOPMENT GUIDE 2022-23

REMOTE WORK

Remote Work in The Natural State

A former San Francisco tech magnate tells us why he prefers working in the state’s beautiful surroundings.

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From the September Issue

ECONOMIC DIVERSITY

Economic Diversity Drives Success

Arkansas offers a potent mixture of talent and resources.

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 SITE SELECTION RECOMMENDS 

We already know student test scores are down across the United States. New collaborative research from Stanford and Harvard gets granular. The Education Recovery Scorecard “provides the first opportunity to compare learning loss at the district level across the country, providing opportunities to further understand how time remote, federal dollars expenditure, and other factors impacted students during and after the COVID-19 pandemic.”

 

 PHOTO OF THE DAY 
Photo by Joel Kowsky courtesy of NASA

“This composite made from 10 images shows the progression of the Moon during a total lunar eclipse above the Vehicle Assembly Building, Nov. 8, 2022, at NASA’s Kennedy Space Center in Florida,” says NASA. “Visible trailing the Moon in this composite is Mars.” NASA’s Artemis I flight test — the first integrated test of the agency’s deep space exploration systems (Orion spacecraft, SLS rocket, and supporting ground systems) — is scheduled for launch no earlier than Nov. 16 at 1:04 a.m.

 
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