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October 31, 2012

Mega Hydro

A nation that already gets 80 percent of its power from hydroelectric plants last week added another 1,087 megawatts - enough, say its builders, to supply the needs of a city of 4 million.

October 30, 2012

No Boundaries

When it comes to physically demarcated free trade zones, look to Singapore or Hong Kong as shining examples. Or look to eastern China, where boundaried zones have proliferated. The Republic of Korea’s internal competition among zones has led to several excellent models such as the Incheon Free Economic Zone and the Gwangyang Free Economic Zone. Vietnam’s burgeoning roster of zones is also engaged in healthy competition. The argument for special economic zones (or SEZs) is hard to refute.

October 30, 2012

Competition Is Fun

North Carolina’s combination of work-force availability and skill sets of interest to employers, proactive business-development agencies, logistics assets and higher education infrastructure helped it reclaim Site Selection’s Top Business Climate spot from rival Texas

October 29, 2012

Mixing It Up

It was telling last month when both Arizona State University in Tempe and the University of Arizona in Tucson issued “Pardon Our Dust” press releases as students returned to matriculate. Those two institutions are creating plenty of dust and economic activity with new building projects as they both reach record enrollment totals.

October 29, 2012

Two Cambridges Are Better Than One

Vertex Pharmaceuticals made big news last year with its headquarters project at Fan Pier in Boston and not one but two FDA approvals in the course of eight months.

October 24, 2012

Get Out, and Come Back Soon

Late last month, for only the second time ever, a sitting U.S. president formally blocked a foreign acquisition, due to purported security concerns involving the foreign firm’s deployment of wind turbine technologies near a 47,000-acre (19,021-hectare) U.S. Navy test and training site in Oregon.

October 24, 2012

Here We Go

The Mid-Atlantic is seeing an uptick in location-related activity, much of it with existing buildings rather than greenfield development.

October 23, 2012

Proximity Rules

Staying close to the supply chain of skills guided recent expansion and consolidation location decisions for at least three technology companies in the northern Boston, Massachusetts suburbs: Thermo Fisher Scientific, Red Hat, and Entegris.

October 17, 2012

Hub^2

Since 2000, China’s GDP grew from just under US$1.2 trillion to just under $7.3 trillion in 2011. In the process it has become the EU’s second largest trading partner (from US$ 100 billion to US$600 billion in trade between 2001 and 2011). No wonder the “Cities of Opportunity” study released earlier this month by PriceWaterhouseCoopers and the Partnership for New York City found Beijing and Shanghai rising to top-five status among global leading cities in the categories of economic clout and city gateway.

October 17, 2012

High Standards

In a country where the skill set required to perform precision manufacturing is often passed down from generation to generation, Torsten Brumme knows the exact kind of work force needed to keep his company competitive and profitable.

October 17, 2012

Qatar Prepares for its Close-up

Ask someone if they should invest in Qatar more than five years ago, and they would not be able to place it on a map or give you one interesting fact. Now things have changed.

October 17, 2012

Kazan SMART City: Smart Investment?

Known for the exploits of Ivan the Terrible and Peter the Great, among others, the capital city of Tatarstan now aims to make a name for itself as an international business hub. But first you have to find it on the map.

October 16, 2012

Keeping Up With the People Movers

KONE, a Finnish maker of escalators and elevators is flowing people in various directions in the Quad Cities municipality of Moline, Ill., where the company and its partners in August celebrated the grand opening of the nearly $40-million KONE Centre on the Mississippi River waterfront.

October 16, 2012

Moving Cheese

Portion control has become a big business for cheese manufacturing company Bel Brands USA. Sales have more than doubled over the past four years and sales of the company’s Mini Babybel products have tripled during that time period. Bel Brands USA also has plants in Leitchfield, Ky., and Little Chute, Wis.

October 9, 2012

The Rise of Richard Florida – Revisited

"Great communities have the same underlying characteristics," says Richard Florida, author of "The Rise of the Creative Class” and “Who’s Your City?” “They have a vibrant downtown, and they offer something for folks who are looking for something distinctly different."

October 9, 2012

Bioplastics Surge

Bioplastics, while still comprising a tiny percentage of overall global plastics production, are growing at a rapid clip. Demand is growing because major consumer brands such as Procter & Gamble and Coca-Cola are focusing on sustainability in packaging.

October 3, 2012

Aviation Ambitions

Wisconsin has a history in the aviation supply chain. But it now appears poised to grow into a significant center of aviation manufacturing as two companies with ambitious plans, but only mockup aircraft thus far, hope to develop major assembly facilities

September 28, 2012

Predisposed to Help

Formerly known as BremnerDuke, Duke Realty’s healthcare division has developed more than $1 billion in healthcare facilities for hospitals and health systems nationwide. But it’s the philanthropic work spun off from all those projects that is extending the firm’s reach beyond the U.S.

September 28, 2012

The City of Convergence

Melbourne is home to the largest cluster of life science companies in Australia, with 263 firms calling Victoria home. Over one-third of all companies listed on the Australian Securities Exchange’s Life Sciences and Biotech Index are in Melbourne, and more than 40 percent of the annual National Health and Medical Research Council funding budget, the equivalent of the National Institutes for Health, comes to Melbourne research organizations.

September 27, 2012

Foreign Financing

Bob Kraft spends quite a bit of time in Asia, usually making a half dozen trips annually. He’s paid more than 40 visits since he founded Milwaukee-based First Pathway Partners in 2007. All of that travel is to recruit wealthy foreign investors interested in seeking U.S. citizenship through the Immigrant Investor Program, more commonly know as EB-5.

September 26, 2012

Made in Columbus

When DuPont needed to make a plant location decision between Luxembourg and Circleville, Ohio, in the Columbus Region, the site selection ultimately came down to one factor — who wanted it more.