On November 3, Americans will elect a new Congress. If you are considering a plant, distribution center or R&D site in the United States, the question is not who wins. The question is: What changes in my business case?
Moved in part by “America First” policy actions and tariffs from the White House that include Most Favored Nation pricing, big biopharma is bringing more than $370 billion of investment stateside. That’s one of many findings in EY’s “Biotech Beyond Borders Report.”
Aurora Cannabis Inc., the global medical cannabis company based in Edmonton, Alberta, Canada, earlier this month announced the completion of a major expansion of its facility in Leuna, Saxony-Anhalt, Germany, a facility now known as Aurora Horizon. “The expanded facility has recently been granted an expanded EU-GMP license for the newly built areas of the site, issued by the State Office for Social Affairs, Youth and Health of Saxony-Anhalt, and will support dynamic job creation within the local vicinity,” the company announced.
Site Selection’s coverage of Aurora’s growing growth business includes the 2018 story “THC, CBD and GDP.” Site Selection’s storytelling over many years about various aspects of economic development in Saxony-Anhalt (and in Leuna specifically) include the January 2014 report “No Nukes, No Problem?”
When you’re looking for the right place to grow your business, it’s about more than a location. It’s about finding a community where your business and your people can thrive.
Greater Palm Springs offers exactly that. With easy access to major Southern California markets, strong business resources, and room to grow, the region makes it easier to bring your vision to life, backed by a workforce ready to grow with you. More than 180,000 residents make up the region’s labor force, projected to grow 10.6% over the next decade, with 60% under age 44.
Add a quality of life that trades long commutes for outdoor adventure, great restaurants, and year-round sunshine across nine unique cities, and it’s easy to see why companies are taking notice.
Ready to explore what’s possible? Sean Smith and the Greater Palm Springs Economic Development team can connect you with sites, resources, and partners: sean@visitgreaterps.com| 760-238-2768
Tanger Med Zones (Morocco) was among five global recipients of 2026 United Nations Investment Promotion Awards.
Photo courtesy of Tanger Med Zones
At the 9th World Investment Forum in Doha, Qatar, UN Trade and Development (UNCTAD) released its Global Investment Trends Monitor, which found foreign direct investment “rose 37% in the first half of 2026, largely in developed economies, against the average half-year level in 2025. Cross-border merger and acquisition values rose 57% to $494 billion in the first nine months of 2026, while deal numbers fell 23% … Preliminary data show higher global investment values alongside declining new project announcements. Large transactions, megaprojects and financial flows can sustain headline values even as activity weakens.” Among other findings, “announced greenfield investment in data centers in developing economies fell by $32 billion. The report says this suggests further concentration of digital infrastructure investment in high-income economies.”
The event also featured the 2026 United Nations Investment Promotion Awards, presented to the Caribbean Export Development Agency, the Ethiopian Investment Commission, Invest KOREA, Invest Qatar and Tanger Med Zones (Morocco). Selected from 48 entries across 40 countries, the winners were recognized for “their innovative approaches to investment promotion and facilitation, their effectiveness in mobilizing sustainable foreign direct investment, and their contributions to digital transformation and sustainable development.”
PHOTO OF THE DAY
Photo courtesy of NETHERWORLD
One of the nation’s most well-known and scariest haunted houses, Atlanta’s NETHERWORLD, located in Stone Mountain, this year celebrates its 30th anniversary. Found among the 2026 haunts is the mad scientist and twisted surgeon known as the Mangler. Be scared. Be very scared. Or just enjoy a Happy Halloween!
