EDITOR’S NOTE:
The project records appearing every week in the Site Selection Project Bulletin are pulled from the
Conway Projects Database, a proprietary resource with tens of thousands of records
of corporate end-user facility investments across all industry sectors and all world
geographies. Want to look for our projects yourself? Look
here.
Missile Investment Strikes Newcastle
Kongsberg Defence’s Norway location was the first in the world to manufacture both naval strike and joint strike missiles.
Photo courtesy of Kongsberg Defence & Aerospace
Thanks to an $850 million partnership between the Australian government and Norway-based Kongsberg Defence, a new long-range missile manufacturing facility is coming to the Newcastle Airport precinct by 2027. The facility will produce long-range naval strike and joint strike missiles for the Australian Defense Forces and potentially the U.S. military. In the eastern Australia state of New South Wales construction is set to begin in the harbor city of Newcastle sometime this year. Outside of Kongsberg’s Norway facility, this new site north of Sydney will be the only location in the world fit to produce these missiles.
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Moving Into Southeast Asia
Haier has decided to tap into the Thailand air conditioner market with the construction of its first facility in Nong Yai.
Photo courtesy of Haier
China-based electronics and home appliance manufacturer Haier has announced plans to pursue operations in Thailand, marking the company’s first investment in Southeast Asia. A project investment of $287.8 million will be used to build out an air conditioner manufacturing plant in the country’s Chon Buri province. This location is a strategic play for Haier, noting Thailand’s geographical advantages for accessing customers. The facility will be built out in phases, the first of which will be operational by 2025, producing 3 million air conditioning units per year. The final two phases are expected to be complete by 2027 and will create 3,000 new jobs.
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Ghana Energizes Petroleum Hub
The Petroleum Hub Project is positioned to aid Ghana in reaching its goals for energy independence.
Getty Images
A $12 billion investment, dubbed the “Petroleum Hub Project,” will be a game changer for Ghana’s role in Africa’s energy sector. A groundbreaking ceremony was held in mid-August to begin the first phase of construction. Once all three phases are complete the facility will house a 300,000-barrels-per-day refinery, a petrochemical plant, storage and port facilities. Upon completion, the Petroleum Hub Project will support activity within the establishment of a new Jomoro Petroleum Hub Development Corporation, which plans to train 200,000 residents to enter the industry. The project itself is set to create 780,000 direct and indirect jobs within the region.
Reports compiled and written by Alexis Elmore, edited by Adam Bruns
Apple’s $500 billion bet on the United States; GlobalFoundries in New York; a new
lithium refi nery in Oklahoma; CBRE’s 100 largest o ce leases; Diageo in Alabama;
Novva Data Centers in Arizona
As this issue went to press in February, site selectors in the U.S. and globally were busy recasting their lists of finalist locations for manufacturing projects to include Indiana. The state may well have ranked high on some of those lists already — its business climate is considered robust by many evaluators of Midwest states, given its record of fiscal conservatism that includes a predictable and competitive tax structure among other measures.
But becoming the 23rd right-to-work state has energized Hoosier State efforts to escape the stigma, or at least perception, of Midwestern locations being less than business friendly to companies hoping to cultivate a work force free of union requirements their workers don’t embrace.
eyhole Corp.’s latest enhancement of its Web-based 3-D interactive map of the world figures to increase its value as a site selection and economic development tool. The new development allows users to integrate and manipulate their own data. Using a combination of aerial photography and satellite imaging, Keyhole (www.keyhole.com) has mapped the […]