Investor Watch: February 19, 2024 - Site Selection Magazine

FROM SITE SELECTION MAGAZINE, JANUARY 2024 ISSUE

TENNESSEE

Major Milestones Bring More Than Parties to Tennessee

An anchor employer in Memphis and a new arrival in Franklin celebrate big anniversaries with big investments.

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WORKFORCE 2024

REMOTE WORK

Solving the Remote Work Dilemma

Here’s how top employers are handling the return-to-office debate.

SITE SELECTION RECOMMENDS

In “How Are Remote and Hybrid Workers Taxed?” the Tax Foundation’s educational blog series “The Short Form” walks us through the sometimes complicated income tax issues around the 13% of U.S. employees who work from home and 28% who work a hybrid model who perform work for employers in a state different from the one in which they reside.

PROJECT BULLETIN

Seremban, Malaysia; Cedartown, Georgia; Asansol, West Bengal, India

This week the “S”s have it: Read all about new projects from Samsung, SOLARCYCLE and SAIL — the Steel Authority of India.

KANSAS — THE NEW GOLD STANDARD

ENERGY & UTILITIES

How Kansas Supports the Climate and the Business Climate All at Once

A live-action model of the clean energy economy’s circularity can be found in Kansas, where common-sense, middle-of-the-road policy and costs complement the state’s middle-of-the-country location and sensibility. They also complement the goals of a $4 billion megaproject.

BROADBAND

How Kansas Is Bridging the Digital Divide

The state’s Broadband Equity Access and Deployment (BEAD) Five-Year Action Plan “moves us toward achieving universal broadband availability in Kansas, ensuring everyone from business owners to students can succeed in today’s digital age,” said Gov. Laura Kelly.

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FROM THE ARCHIVES

Publix early this month was ranked No. 49 on Fortune’s World’s Most Admired Companies list for 2024, a list where the company’s name has appeared annually since 1996.

Photo courtesy of Publix

Ron Starner writes, “The news about Publix Super Markets unveiling a larger and swankier new store model reminded me of the time I interviewed Brad Crenshaw,” senior real estate manager for the $36 billion company, in 2018. “If you want to know why Publix is the category killer of supermarkets, check out their approach to site selection,” Starner posted on LinkedIn. “It is meticulous, advanced and cutting-edge. In short, nobody in the grocery business does it better.”

PHOTO OF THE DAY

Photo courtesy of the Government of Mexico

The new Ferrobuque rail-ferry operated by CGR in Mexico connects to 70% of continental U.S. rail lines via the Port of Mobile, Alabama. Read more about it in an exclusive contribution from Stuart Robles in the March issue of Site Selection.