From the May Issue


‘And I’d Also Like to Thank …’

This issue awards the Governor’s Cups, writes Editor in Chief Mark Arend, but those same governors know how to share the credit with state legislators and local leaders.

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From the September Issue


Bolting into Action

LA-to-Vegas train puts San Bernardino County on the fast track.

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The Malaysian Investment Development Authority (MIDA) announced February 28 that Greatech Technology Berhad, through its subsidiary Greatech Integration (M) Sdn. Bhd., a Malaysia-based leading automation solutions provider, held a groundbreaking ceremony for the construction of a new facility in Penang. The new additional facility, BK IV, will be constructed on an 11.5-acre site in Batu Kawan Industrial Park and will bring the company’s total combined floor area to more than 1.2 million sq. ft. “Penang’s homegrown companies held critical roles in promoting the growth of the machinery and equipment (M&E) sector in the state,” said Penang Chief Minister Chow Kon Yeow, noting that investments in the M&E sector in Penang from 2020 to September 2022 totaled more than US$1.6 billion, or 57% of the country’s total. “. I am confident that the growing strength of local companies will translate into more opportunities, anchoring our position as the Silicon Valley of the East.” Emphasizing the importance of talent, Greatech Board Chair Ooi Hooi Kiang said, “Greatech has grown rapidly in the last five years, broadening our customers base across the world. Furthermore, our headcount significantly increased from 350 in 2018 to 1,300 to date. This has contributed to the creation of high-impact job opportunities with 50% of the total staff being design engineers and 98% of them being local hires. We also envision building Penang into a world-class automation hub and becoming the global top 10 factory automation solutions provider in the next few years.”

Source: Conway Projects Report


Eighteen months after the company’s announcement of a new $27.7 million manufacturing facility in Albemarle County, Virginia, Bonumose has opened the new facility in its hometown for the production of tagatose, a sweet plant-based material, for use in a wide range of food and beverage products. “Tagatose is 90% as sweet as table sugar, but with 62% fewer calories than regular sugar, with no bitter aftertaste,” a company release stated, noting the product’s status as probiotic, kosher, non-GMO and ketogenic. “It is also ultra-low on the glycemic index,” the company said, “making it a suitable sweetener for people with diabetes or anyone watching their health.” An equity investment co-led by sweetener company ASR Group and The Hershey Company supported the facility, as did a loan from X-Caliber Rural Capital. So far, Bonumose has brought more than 30 jobs to the Charlottesville community. “Opening this new facility is an important milestone on the road to bringing the benefits of tagatose to the public,” said Bonumose CEO Ed Rogers. “More so than any other alternative to sugar and high-fructose corn syrup, we believe tagatose can enable better-for-you foods that are on parity for palatability and price with consumer favorites.” The company was founded in Charlottesville in 2016.

Source: Conway Projects Report





From Chips to Powder, Colorado Has It All

The state’s diversified economy is a harbinger of a bright future.

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From the September Issue


Colorado: The Final Frontier?

The data are indisputable as the state positions itself as a leader in the aerospace industry.

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A tweet from Richard Florida highlights a working paper posted to the National Bureau of Economic Research site in December, “The Contribution of High-Skilled Immigrants to Innovation in the United States,” in which five co-authors characterize that contribution by linking patent records to a database containing the first five digits of more than 230 million Social Security Numbers. “A simple decomposition,” they write, “illustrates that immigrants are responsible for 36% of aggregate innovation, two-thirds of which is due to their innovation externalities on their native-born collaborators.”


Photo courtesy of National Park Service

On February 10 National Park Service digital media specialist Sean Tevebaugh made this image just after new snow had fallen at Glacier Bay National Park and Preserve in Alaska. “Covering 3.3 million acres of rugged mountains, dynamic glaciers, temperate rainforest, wild coastlines and deep sheltered fjords,” says the National Park Service, “Glacier Bay National Park is a highlight of Alaska's Inside Passage and part of a 25-million acre World Heritage Site — one of the world’s largest international protected areas.”