Investor Watch: June 13, 2024

COSTA RICA REPORT

Life sciences companies continue to invest in a place that excels in the science of living.

NEWS DIGEST

Yokohama tire manufacturing in Coahuila, Mexico; federal support for Intel in four states; top states for solar installations; Google in Missouri; Amazon in Massachusetts; FUJIFILM Diosynth in North Carolina.

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At a time when workforce housing is sorely needed, last month the U.S. Department of Housing and Urban Development (HUD) awarded $3.17 billion in Public Housing Repair funding to 2,756 public housing authorities (PHAs) in all 50 states, D.C. and several U.S. territories to make capital investments to their public housing stock. Our research and analysis sorts out the data and makes calculations to see which locations are getting the most assistance per capita.

Electric Owl Studios held its grand opening a year ago this month in DeKalb County, Georgia.

Photo courtesy of Electric Owl Studios

Word on social media has it that Electric Owl Studios in Atlanta, in keeping with its sustainability goals, has welcomed an organizational beehive (okay, it’s technically an apiary) onto its campus thanks to working with Bee Downtown. We love it when two we’ve profiled in the past get together in the present.

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The Black Wealth Data Center allows free subscribers to explore vast troves of data, including Black-owned business demographics.

Chart courtesy of BWDC

If equity issues factor into your location decision-making, the increasingly robust Black Wealth Data Center is a tool you can use. The racial wealth equity database allows any user, free of charge, to “dive in and access national and county-level data that compares how race influences education, employment, asset ownership and other indicators that contribute to wealth.” Among the reports using the database is a new study analyzing how the legacy of redlining influences heat island and tree canopy effects. The database was launched in September 2022 by Bloomberg Philanthropies’ Greenwood Initiative.

Photo by Marjory Collins courtesy of the Library of Congress

Tomorrow is Flag Day in the United States. This photograph made in March 1943 by Marjory Collins shows what Library of Congress records describe as an unnamed “Italian-American woman, with two sons in the Army, at the Annin Flag Company trimming threads from a finished flag for the government.” The image is part of the Farm Security Administration – Office of War Information photograph collection in the Library of Congress Prints and Photographs division.

A sixth-generation family-owned business, Annin Flagmakers has been “making the U.S. Flag since 1847 and is the oldest and largest flag manufacturer in the United States,” having produced the flags for Abraham Lincoln’s inauguration and casket; the flag U.S. Marines flew at Iwo Jima; and flags that flew on the moon, among others. The company produces 4,000 products, all made in the USA by more than 500 employees. Headquartered in New Jersey, the company today has factories in South Boston, Virginia (its largest); Cobbs Creek, Virginia; and Coshocton, Ohio. Among its services, Annin offers this guide to flag etiquette.

This newsletter was assembled and written by Adam Bruns with assistance from David Owens. Design and layout by Daniel Boyer and Daniel Monaghan.