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September 2011

Cover Story

Make Way

A survey of global energy projects provides these snapshots of new solutions to age-old challenges. Florida Power & Light Co. (FPL) demolished the twin striped stacks and 7,500-ton boilers at its nearly 50-year-old power plant to make way for construction of FPL’s US$1.3-billion Riviera Beach Next Generation Clean Energy Center.

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Features

An Elastic Climate for Growth

A sudden wave of capital into plastics and chemicals manufacturing opens doors of opportunity for innovative startups.

Points of Advantage

Online sales are booming for many retailers such as Macy’s. As its online business has grown, Macy’s has put together a regional logistics approach with three large, strategically placed distribution centers.

On and Off the Rails

Say what you will about intermodal freight’s ability to help regional economies. One thing’s for sure: It helps railroads’ economies.

Real Projects Mean Real Progress

The most powerful utility economic development teams are backed by corporations that don’t just move power around. They wield it.

Investment Profiles

Healing the World

The biggest breakthrough in fighting the global battle against diabetes didn’t come in a lab in San Diego, Boston or one of the other well-known U.S. life-science clusters.

Powerful Partnerships

In Florida and the Carolinas, Progress Energy’s network ties various groups together to get deals done.

Ahead of the Curve

“They always seem to be there when we need them,” says Jim E. Mentesti, president of the Great River Economic Development Foundation (GREDF) in Quincy and Adams County, Ill., when asked about his community’s partnership with Ameren Corporation.

Safe at Home

Expanding firms find access to capital, knowledge workers and pro-growth incentives in Greater Philadelphia.

The Deep End Of the Labor Pool

Just nine years remain before Vision 2020 — Malaysia’s blueprint for achieving fully industrialized status — is to take effect. Former Prime Minister Tun Mahathir Mohamad set the Southeast Asian nation of 28 million people on the Vision 2020 course in 1991, complete with nine strategic societal challenges to be overcome in order to become fully developed by the end of the decade.

International

Belfast by a Nose

Allen & Overy is one of the world’s most active law firms, with more than 5,000 employees in 26 countries,

Green Light

When a province is creating more than half the new jobs for its nation, chances are it’s a leader in competitiveness.

Area Spotlights

Global Ties Spur Prosperity

North Dakota’s economy is pulsating, thanks in large part to the Bakken shale oil boom, which has made the state the fourth largest oil-producing state.

Vegas: The New Hot Spot

With exports and alternative energy production rising in Nevada, the economic prospects of the Silver State glow with the golden hue of sunnier times.

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Unemployment is at 12 percent in California. gavin newsom

Energizing Development

San Antonio and its municipal utility join forces to establish a clean technology cluster.

In This Together

The center of a tornado is characterized by a dramatic drop in pressure. It’s the twister’s aftermath that brings high pressure to bear.

Back in the USA

Dean Sbragia had been in the medical products distribution business for 23 years when his company, Med-Fit Systems, purchased the commercial assets of fitness equipment builder Nautilus in February 2010.

Ready and Waiting

The U.S. Midwest is neither the unemployment capital of the U.S. any longer nor a manufacturing wasteland littered with shells of businesses that moved to China. Many certainly did move operations there, but that’s changing.