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Investment Profile

Labor on Demand

A region with thousands of college graduates, many in the life sciences sector, now has the work force for the jobs requiring technical skills.

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International Update

Busy Berlin

Merging real estate portfolios after a corporate acquisition is never easy. When it involves a portfolio the size of a small city, the task becomes daunting. Such is the case in the heart of Berlin, where Bayer AG is digesting Schering AG’s huge pharmaceutical and manufacturing complex following the companies’ 2006 merger.

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International Update

Digital Destination

Toronto is making a concerted effort to become Canada’s next nexus of digital media. .

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International Update

Good Prognosis

Korea’s economy is exhibiting encouraging signs as 2009 draws to a close. FDI announcements for the first nine months reached US$8 billion, up 8 percent from 2008.

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Investment Profile

Busan-Jinhae FEZ: Growing Fast and Green

Officials of the Busan-Jinhae Free Economic Zone recently visited Hawaii, Los Angeles and Seattle to promote the FEZ and Busan’s new “eco-friendly logistics business model.”

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Features

Location Tax Incentives: The Best of Times, The Worst of Times

Periods of economic crisis are the worst of times and the best of times for state and local business location tax incentives. These tax expenditures, like all expenditures, face an uphill battle when revenues have collapsed and the number of needy residents requiring assistance has increased. At the same time, economic stringency and lack of revenue sharpen government appreciation for business development and job creation. If a crisis combines danger and opportunity, the current downturn could offer an opportunity to improve these incentive programs.

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Features

‘Aggressive, Yet Responsible’

The Kansas Dept. of Commerce in October said it wants to offer healthcare IT firm and Kansas City mainstay Cerner Corp. $85 million in tax and other incentives for a new office complex, and toss in another $144.5 million from state sales tax revenue to pay for bonds used to build a new soccer stadium next door. If the Unified Government of Wyandotte County accepts the proposal, Cerner says it will create 4,500 new jobs in Kansas at an average salary of $65,000. A youth soccer complex and hotel, with no incentives aid, also would be built as part of the $414-million project.

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Departments

SITE Visit: L.A. Story

A desire to stop shipping railcars halfway around the world has helped convince an Italian manufacturer to commit for the long haul.

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Dow a Leading Indicator for Indiana; Healthy Integration; more.

by Adam Bruns

Dow AgroSciences is pursuing growth on its headquarters campus in Indianapolis and at Purdue Research Park in West Lafayette.

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Speedo found the perfect fit, as well as projects from Hitachi Appliance in India, Evergreen Solar in China, Cargotec in Estonia, Pfizer in Sweden and Sandoz in Germany.

Global swimwear firm Speedo has elected to stay in Nottingham, England, where the company has had a presence for 50 years. Speedo will move into a new high-tech office building in the city’s center near the end of 2010.

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Cover

Watch and Learn

How has North Carolina managed to rank No. 1 in Site Selection’s annual business climate rankings eight times in the past nine years? It may have something to do with its infrastructure of higher learning.

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Area Spotlights

Defined by Motion

Projects keep pace in counties up and down the Ohio.

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Features

Carolinian Cluster Approaches Critical Mass

Students of industry clusters will find in North Carolina’s new aerospace industry a case study in how a sector takes root in a given area. Several companies, including Federal Express, Spirit AeroSystems and Honda Aircraft among others have begun operations in the state, adding thousands of jobs and justification for a closer look from aviation-related corporate site selectors.

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Departments

Editor’s View: Why Infrastructure Matters

EDITOR’S VIEW From Site Selection magazine, September 2009   Why Infrastructure Matters by MARK AREND mark.arend bounce@conway.com Illustration by Bob Gravlee T he $787 billion economic stimulus package signed into law in February does a lot of things. Stimulating the economy isn’t one of them, if its seven-month track record is any indication. But it […]

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Departments

IAMC Insider: The Garage Sale

SEPTEMBER 2009 The Garage Sale (cover) Meet A Member People & Projects Request Information IAMC INSIDER The Garage Sale We had our annual garage sale a few weeks ago. My wife lives for this event and, I must admit, I do enjoy the “business” and the “psychology” of the day. But man, it is a ton […]

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Features

The Letter and the Law

INCENTIVES From Site Selection magazine, September 2009 The Letter and the Law Tax treatment of government grants has win-win potential. by BARBARA S. de MARIGNY editor bounce@conway.com Barbara S. de Marigny is a partner in the Tax Practice Group for Houston-based law firm Gardere Wynne Sewell LLP. For more information, visit www.gardere.com. “C ongratulations. Our […]

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International Update

North American Reports: United Lands Downtown… Again

NORTH AMERICAN REPORTS From Site Selection magazine, September 2009   United Lands Downtown … Again by ADAM BRUNSadam.bruns bounce@conway.com S The recently renamed Willis Tower will undergo significant modernization and welcome 2,800 new jobs from United Airlines all at once. ome companies will follow an operational move with a headquarters move — witness NCR’s recent […]

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Special Advertising Sections

Biotech Location Strategies

cientists, scientists and more scientists. Or, simply put, you need lots of smart people in your community to be successful in attracting biotech research and development facilities. Creating a skilled work force is central to the mission of the Golden LEAF Biomanufacturing Training and Education Center at North Carolina State University in Raleigh.       Companies engaged […]

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Special Advertising Sections

The Military Economy

s Commander in Chief, I will do whatever it takes to defend the American people, which is why we’ve increased funding for the best military in the history of the world. We’ll make new investments in 21st century capabilities to meet new strategic challenges, and we will always give our men and women in uniform […]

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Special Advertising Sections

Work-Force Training Programs

t has been interesting to observe over the past 15 or so years the evolution of economic incentives for companies relocating to a new community. Early on, the emphasis for many state and local governments was to orient their overall incentives package towards capital-intensive companies with minimal regard to the needs of non-manufacturing and service-based […]

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Departments

SITE Visit: Watch This Space

SITE VISIT From Site Selection magazine, September 2009 Watch This Space Two companies looking for a manufacturing renaissance occupy former Visteon space. One documents its site selection process via blog. by ADAM BRUNS adam.bruns bounce@conway.com The Carbon E7, shown off here in the nation’s capital by Carbon Motors President and CEO William Santana Li, has a lot […]

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Departments

Technology Toolbox: Software Solves AMGEN’s Space Challenge

TECHNOLOGY TOOLBOX From Site Selection magazine, September 2009 Software Solves Amgen’s Space Challenge by JOHN W. McCURRYjohn.mccurry bounce@conway.com B iotech giant Amgen‘s corporate campus in Thousand Oaks, Calif., is immense, covering 3.8 million sq. ft. (353,020 sq. m.) and housing more than 3,000 employees involved in manufacturing, R&D, marketing and administrative functions. During the summer […]

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International Update

World Reports: Ambitious Auto Plans in South America

WORLD REPORTS From Site Selection magazine, September 2009   Ambitious Auto Plans in South America M ajor auto manufacturers plan to carry out major expansion plans in Brazil and Argentina in the coming years. French car maker Renault is upgrading its plant in Santa Isabel, Argentina. by JOHN W. McCURRYjohn.mccurry bounce@conway.com       General Motors Brazil announced […]

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Cover

Bridges to the World

COVER STORY From Site Selection magazine, September 2009 Click to view sidebars …        Less Means More       Area Film Industry Could Be ‘Unstoppable’       Flabeg Flies to New Market, New Site       Still Making Things Pittsburgh is a beacon of rebirth and growth for its state, region and nation. Bill O’Rourke, vice president, sustainability and environment, health & […]

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