IAMC Chair Scott Cameron reflects on how far IAMC and its members have
come during a challenging time, and John Salustri gathers corporate and
service provider perspectives on the national industrial space squeeze.
Venture Global LNG and Louisiana Governor John Bel Edwards announced
December 2 that the company will invest more than $10 billion to develop
a fourth LNG export facility in Louisiana. The new project, CP2 LNG,
will be located in Cameron Parish, adjacent to Venture Global’s first
facility, Calcasieu Pass. The announcement brings Venture Global’s total
planned capital investment in the state to more than $20 billion. The
more than 1,000 direct new jobs created by the project will have average
annual salaries of $120,000 plus benefits.
After resolving EPA emissions issues, moving to shut down a Utah
facility, acquiring a special use permit in Storey County and then
refreshing its brand earlier this year, this company that specializes in
the disposal of medical waste will receive $974,795 in tax abatements
for its investment in a new facility, the Nevada Governor’s Office of
Economic Development (GOED) Board announced early this month. It will be
required to create 38 jobs in the first two years of operation at an
average weighted hourly wage of $22.71. Stericycle will invest $25.2
million within the first two years of operation and is projected to
generate $5.6 million in net new tax revenues over 10 years.
We were saddened to learn late last week of the passing of Norman
Anderson, chairman and CEO of D.C.-based infrastructure advisory firm CG/LA
Infrastructure and founder of of the Strategic Infrastructure
Performance Institute, from acute gallstone pancreatitis. (Visit a
memorial page here.) It was an honor to work with him over the
past four years on the Global Groundwork Index rankings he and the
CG/LA team worked with the Site Selection team to develop. I always
looked forward to Norm’s notes. “We are in such a dynamic epoch of
economic challenge and institutional change that I think your readers
deserve at least a flashlight to peer into the future,” he told me one
year, sounding very much like Site Selection and Conway Data founder Mac
Conway in his global outlook, optimism and brass-tacks dynamism. This
year, as we discussed a looming editorial deadline at the same time
America’s infrastructure legislation deadline also loomed, he wrote, “I
hope to have a chance to look at this … soon! Seven delegations in my
office today.”
Site Selection readers around the world value Norm’s clear-eyed yet
visionary essays in our pages, as he exhorted corporate, government and
societal leaders to value infrastructure as both an economic and human
development priority. When Norm turned in his essay this year, he wrote
with typical enthusiasm in his final note to me in August, “I like that
it is positive, and has energy — and above all gives people a sense of
direction.” Thank you, Norm, for embodying those words. We will carry on
the work. — Adam Bruns, Managing Editor, Site Selection
The NHL’s Seattle Kraken, which was the top-selling team across all
major North American sports leagues in its first 24 hours of merchandise
sales, is just the latest team to welcome enthusiastic support on the
Washington sports scene.
It wasn’t so long ago that municipalities in New York were declaring
moratoria on bitcoin mining operations because of their drain
on power, driving investors to seek out other territory. Now, The New York Times reports, crypto has returned
to the Upstate with a vengeance in such locations as Owego, Massena (at
a former aluminum plant), North Tonawanda (at a former coal-burning
power plant) Mechanicville (at an operating hydroelectric plant) and in
Dresden on Seneca Lake (at an operating natural gas-fired power plant).
In an ironic twist, some bitcoin miners are fleeing to New York, says
the article, after China banned such mining in order to achieve carbon
reduction goals. One prominent operator, Greenidge Generation in
Dresden, recently announced a massive planned expansion beyond its 45 MW of
capacity in New York to sites in South Carolina and Texas where it is
evaluating location options for over 3,000 MW of capacity.
PHOTO OF THE
DAY
Photo courtesy of the City of
Greensburg
Those suffering in the wake of devastating tornadoes over the weekend in
Kentucky and neighboring states can draw sustenance from the recent
past. Recovery from a 2007 tornado was the impetus behind the
sustainable rebuilding and greening of Greensburg,
Kansas, which still holds the title of having the most
LEED-certified buildings per capita in the world, including city hall
(pictured). In 2012, Site Selection documented how Smithville, Mississippi, drew on Greensburg’s
example after its own EF-5 tornado.
Kentucky Gov. Andy Beshear has set up a fund solely dedicated to helping
the on-the-ground relief efforts in Western Kentucky. Visit the Team Western Kentucky Tornado Relief Fund to
contribute.
