Filling in for Alexis Elmore, Site Selection intern David Owens delivers updates on projects around the world from Novo Nordisk, JBS Foods Canada and India’s BALCO.
The Global Business Alliance, which calls itself “the premier advocacy resource of international companies in the United States,” followed up the SelectUSA Investment Summit last Thursday by releasing the latest edition of its Inbound Investment Survey, which reflects how senior executives at international companies operating in the United States view the overall U.S. business climate. Among the takeaways:
“Over half of respondents agree that the United States needs more Free Trade Agreements (FTA) with friends and allies to encourage future investment in the U.S.”
“These major employers remain positive regarding employment over the next six months, with 60% expecting it to ‘stay the same’ and 29% thinking it will ‘increase.’ ”
“There is concern about how a ‘new corporate tax rate of 28%’ and ‘politicized cross-border investment reviews’ will impact their businesses.”
Sandstorm Gold Royalties’ new 40,000-sq.-ft. office expansion at Vancouver Centre II in Vancouver, British Columbia, is designed to LEED Platinum, WELL Gold, and WiredScore Gold standards.
Photo by Brett Ryan courtesy of Edit Studios via v2com newswire
When Site Selection published its first Sustainability Rankings 14 years ago, Canada topped the charts then too. California and Washington led all states and the Bay Area and Portland, Oregon, took the top spots among U.S. metros. Look for more about Canada’s appetite for investment and for sustainability in the 2024 edition of Canada’s Best Locations, appearing in the September 2024 issue of Site Selection.
PHOTO OF THE DAY
Photo courtesy of JAXPORT
This photo shows ocean carrier Ocean Network Express’s (ONE) new West India North America (WIN) container service making its first call in Jacksonville, Florida, on June 20 with the arrival of the container ship ONE Modern. The service is the Jacksonville Port Authority’s (JAXPORT) first direct container service with the Indian subcontinent. Site Selection received similar news from the Georgia Ports Authority and from the Port of Charleston showcasing the service’s magenta vessels and containers as the WIN Service makes port calls that also include Norfolk, Virginia; New York; Bin Qasim, Pakistan; and Hazira, Nhava Sheva and Mundra in India.
Established through the integration of the container business of three Japanese shipping companies, ONE’s holding company is based in Tokyo with a global HQ in Singapore and regional HQs in Richmond, Virginia; London, England; Dubai; Hong Kong and São Paulo, Brazil. The company’s fleet of more than 230 vessels has a capacity of approximately 1.8 million TEU and its network features over 165 services to 120 countries.
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