Investor Watch: October 21, 2021

ONLINE INSIDER

Washington Builds a Life Science Cluster

CBRE recently named Seattle the top emerging life science cluster in the country. We find out why in a conversation with Life Science Washington President Dr. Leslie Alexandre.

ARKANSAS

Report Charts a Post-Pandemic Pathway Forward

A look at the Arkansas Economic Recovery Strategy, commissioned this summer by the Arkansas Economic Recovery Task Force and published by “think and do tank” Heartland Forward.

INCENTIVES

Show Me the Incentives

Missouri’s business incentives programs usher in new investments across the state.

REMANUFACTURING & STAINLESS STEEL

Forged in Fire

A history of innovation drives stainless steel production and remanufacturing.

CERTIFIED SITES

Certified Sites Reduce Risk for Growing Companies

Sites in the program “show companies that communities are serious about job creation and business expansion,” says Missouri Economic Development Department Director Rob Dixon. Meanwhile, 87 communities carry Certified Work Ready credentials too, the most of any state in the nation.

Ireland

After raising $100 million in a round led by SoftBank, San Francisco–based corporate gifting platform Sendoso will open this new European HQ in Dublin. The 100 employees there will join a company that currently employs around 500 across the U.S., Europe and Asia. The company plans to boost hiring by 30% by year’s end. The company offers up to 30,000 different gift items from warehouses on three continents. “Sendoso is joining a thriving tech scene of fast growing and innovative companies choosing Dublin as the preferred location to establish its European HQ,” said Martin Shanahan, CEO of IDA Ireland.

Source: Conway Analytics

Costa Rica

Bayer early this month announced it would invest over €400 million to reinforce its commitment to providing 100 million women and girls with access to family planning by 2030, especially in low- and middle-income countries (LMICs). The investment will include the expansion of production capabilities in Turku, Finland, and the construction of a new production site in Alajuela, Costa Rica, specialized in the production and supply of long-acting reversible contraceptives (LARCs). The new production plant at Coyol Industrial Park is expected to start the supply of long-acting reversible contraceptives to LMICs by 2024. Both sites also will produce hormonal implants and hormonal intrauterine systems (IUS).

Source: Conway Analytics

XCEL ENERGY’S REAL ESTATE PROGRAMS

Sites and Buildings Ready Today

Xcel Energy offers nearly 90 available real estate options, including Certified Sites, Ready Sites and Ready Buildings, across its eight-state service area. Xcel Energy’s real estate certification process follows a robust and credible protocol, starting with the collection and validation of essential property attributes and due diligence. Using information gathered during site visits, complemented by details provided by municipalities, utilities and economic development organizations, the Xcel Energy team reviews the due diligence on the property and infrastructure, including any required studies. Equipped with the knowledge already gathered on your behalf, you can move faster into your new location and increase your speed to market. And of course, each site enjoys reliable and robust electric service from Xcel Energy, one of the nation’s top providers of clean power. Take an aerial tour of Xcel Energy’s Certified Sites and find your next location, today.