Investor Watch: June 1, 2026

Jabil will help out Siemens with a new Virginia facility to make medium-voltage switchgear and integrated battery solutions for the surging utility, industrial and data center sectors. Applied Digital Corporation is set to deliver a new $3.6 billion artificial intelligence factory in Central Louisiana by mid-2027. (Watch for our conversation with Applied Digital Chairman and CEO Wes Cummins in the July issue of Site Selection’s Louisiana Spotlight.) And BorgWarner invests $100 million in Hendersonville, North Carolina, providing a welcome shot in the arm to a region still recovering from Hurricane Helene.

HEALTH TECH

By special arrangement with Cushman & Wakefield and their senior research analyst for global research Maggie Tillotson, we go beyond the firm’s recently published life sciences update into heretofore unpublished analysis of health tech venture capital data from 37 markets ranging from Berlin to Boston, Montreal to Milan and San Francisco to Suzhou.

For more insights into Cushman & Wakefield’s research as well as on-site reporting from a major Chicago health tech conference, read “Health Tech Momentum Builds in the Midwest.”

ARIZONA

From advanced manufacturing to R&D, foreign investment projects to a booming exports scene, Arizona has no shortage of innovation.

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The pews were all that remained of the First Free Will Baptist Church of Smithville following an EF-5 tornado in April 2011. The roof was back on the rebuilt church by the following March.
Archive photo by Howard Greenblatt courtesy of FEMA

Spring storm season calls to mind the recovery challenges when communities are hit by massive weather events, such as the EF-5 tornadoes that struck Mississippi and Alabama in April 2011. A September 2011 on-site report by Site Selection Editor in Chief Adam Bruns titled “In This Together” chronicled the aftermath in Hackleburg, Alabama (birthplace of Site Selection founder McKinley “Mac” Conway). In an April 2012 report, Bruns got a firsthand account of the experience from Gregg Kennedy, mayor of Smithville, Mississippi, in “Road to Redemption.”

Among the post-tornado challenges Smithville faced was a need for a grocery store. The town’s small population didn’t help in attracting one. Finally, 13 years later, Freshly’s Market broke ground last fall for a new grocery in town.

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Ships sit at the pier at the Port of Long Beach in 2022 as U.S. Customs and Border Protection, Air and Marine Operations marine interdiction agents patrol the port aboard a CBP SAFE Boat.
Photo by Glenn Fawcett

Federal agencies are not well known for quick turnaround on statistics. One possible exception is U.S. Customs and Border Protection, whose web page on trade offers recent updates and category breakdowns on revenues collected due to trade remedies and tariffs.

Photo by Don Sutherland, U.S. Air Force, courtesy of the U.S. National Archives and Defense Visual Information Distribution Service and U.S. National Archives and Records Administration (NARA)

Minamitorishima Island, the easternmost island among the Japanese atolls, has been in the news lately for two reasons: its potential for the mining of rare earths and its potential for storage of nuclear waste. This photo was made in the 1980s by the U.S. Coast Guard, which referred to the island as Marcus Island (a name that histories say was conferred on the island by an American missionary). Among other purposes, the island has been used for meteorological work and tsunami detection. A full history of the island and the overall Ogasawara Islands is accessible here.