Site Selection presents the Top Countries, Top Countries Per Capita and
Top Global Metros in our annual Global Best to Invest rankings, which
include regional breakouts and insights from two new reports that in
large part corroborate our findings.
North Carolina has won its third consecutive Prosperity Cup, which
recognizes the competitiveness of state-level economic development
agencies and their success in landing capital investment projects
according to a 10-point index.
Determined by an index of corporate facility investment as tracked by
Site Selection’s proprietary Conway Projects database, we present the
regional economic development group winners of the 2023 Mac Conway
Award, named for the founder of Site Selection.
Inside this newly published guide, gain insights into the
commonwealth’s business climate from MassEcon Executive Director Pete
Abair and Secretary of Economic Development Yvonne Hao. Discover what’s
happening across the six target industries fueling growth in the Bay
State. Read an up-close case study on Devens. Get up to date on
connectivity, venture capital, talent, higher education, small towns and
so much more.
PROJECT WATCH
Wisconsin
The Board of Directors of the Wisconsin Economic Development Corp.
(WEDC) last week approved awarding up to $5.6 million in
performance-based tax credits to assist packaging manufacturer Charter
Next Generation with $270 million in investments that will create more
than 340 jobs statewide over the next eight years, said a WEDC release.
The city of Milton is supporting the project with a TIF development
agreement that would provide up to $1.6 million over a 10-year period.
“Additionally, the city will be undertaking several infrastructure
projects to further advance the construction of the new facility by
CNG,” the release stated, noting that the company has four plants in the
state. In addition to the new Enterprise Zone for Charter Next
Generation, WEDC said it has 18 active Enterprise Zone designations
throughout the state, “which are expected to result in over $3.5 billion
in capital investment, the retention of over 16,000 jobs, and the
creation of over 19,000 new jobs.” Under state law, the Legislature’s
Joint Committee on Finance has 14 days to review the creation of a new
Enterprise Zone. “The zone will automatically be created unless the
committee takes action,” the release stated.
A region known for making the cable and wire rope linking the world
together is welcoming another investment in the industry as Pennsylvania
Gov. Governor Josh Shapiro last week announced that Prysmian Group North
America, a maker of energy and telecommunications cable systems, will
expand its existing Williamsport manufacturing facility, creating at
least 27 new jobs in Lycoming County and retaining a total of 407 jobs
statewide. Prysmian operates 28 plants in North America that make such
products as underground and submarine cables and systems for power
transmission and distribution, as well as medium and low-voltage cables
for the construction and infrastructure sectors. The company also
produces systems for voice, video and data transmission for the
telecommunications sector. The company operates 28 manufacturing plants
across North America, including the Williamsport facility. “The
expansion of our Williamsport facility will support the growing needs of
the power distribution market across North America and serve as an
investment in both our factory and our current and future employees,”
said Andrea Pirondini, CEO of Prysmian Group North America. “This
facility upgrade, funded substantially by a long-term supply agreement
with Invenergy Transmission, will support Prysmian’s Advanced E3X
conductor technology, used to build key long-distance high-voltage
direct-current (HVDC) transmission projects across the U.S., including
the Grain Belt Express line and New Mexico North Path line. Through this
agreement, we will supply up to 12,500 miles of overhead conductor cable
from the Williamsport facility through 2029 to support Invenergy’s
portfolio, helping to deliver electricity Americans can count on.”
This map depicts the growing global manufacturing footprint of Texas
Instruments, which recently announced investments in Sherman, Texas,
and Lehi, Utah.
Photo courtesy of C. Parker Gallery and Paul Nicklen
The work of conservation photographers Cristina Mittermeier and Paul
Nicklen will be featured in a new exhibition, “Double Exposure: Two
Photographers, One Mission,” opening the weekend of May 5 at C. Parker
Gallery in Greenwich, Connecticut. “Their photographs are included in
some of the world’s most important private collections and have been
featured as iconic images by major national media including National
Geographic and TIME Magazine,” said Tiffany Benincasa, the Gallery’s
curator and owner. “This is an incredible opportunity to witness the
beauty of nature in an intimate and personal way, to share their
important message, and join their mission advocating for greater
conservation and environmental awareness.” The event kicks off the next
chaper of the photographers’ organization SeaLegacy.org,
which they call “the global marketing, education and communication
agency for the ocean.”
Of this photograph titled “Gaia’s Lungs,” made in Baja, Mexico, last
year, Paul Nicklen says, “Heartbreaking in its weakened state, and yet
breathtaking in its resilience, the end of the Colorado River branches
across the earth as if exposing the very lungs of our planet.”
