NEWS DIGEST

Quick-hitting stories update you on new semiconductor projects moving forward in Germany and India; SK On’s $1.1 billion battery project in Seosan, South Korea; OCP’s $7 billion ammonia plant in Morocco; global robotics; and Siemens’ $1 billion bet on the industrial metaverse in Erlangen, Germany.

TRANSIT-ORIENTED DEVELOPMENT

Learn which areas will benefit from grant funds distributed by the Federal Transit Administration’s Pilot Program for Transit-Oriented Development Planning.

Wisconsin offers unique advantages to biohealth companies. Whether your focus is medical devices, life sciences, pharma, research, or innovation, you’ll find a thriving biohealth sector, low overall risk, and prime locations throughout Wisconsin.

Central Location and Robust Infrastructure

• Situated conveniently between Chicago and Minneapolis, with sites less than an hour from their international airports
• Well-developed infrastructure to move goods via rail, road, air or water

Stable, Educated Workforce

• Our biohealth workforce is nearly 50,000 strong
• The statewide University of Wisconsin system awards 41,000+ four-year degrees annually
• The Wisconsin Technical College System provides customized training and 90% of employers said graduates met or exceeded expectations

Geographically and Fiscally Stable

• Low risk of natural disasters
• A stable, low-tax, low-regulation, business-friendly environment

Join the more than 1,700 biohealth companies finding success in Wisconsin. Let’s look forward together.

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The Cambrex expansion in High Point, North Carolina, is one of several growth investments by the company in recent years.

Photo courtesy of Cambrex

On Monday, New Jersey–based Cambrex announced the completion of a $38 million, 70-job capacity expansion at its small molecule active pharmaceutical ingredient (API) manufacturing facility in High Point, North Carolina. “When we began this project in 2021, our vision extended far beyond capacity,” said Tom Loewald, the Cambrex CEO Site Selection interviewed in March 2022 about the company’s global growth. “We designed a facility that can continue to deliver on client needs as the industry evolves, with state-of-the-art technology and laboratory equipment, an energy-efficient infrastructure, and clinical to commercial manufacturing scale.” Dan Bowles, vice president and general manager of Cambrex High Point, said the expansion “would not have been possible without the support of the state's leadership and economic development programs, and their focus on nurturing the region's skilled and diverse workforce.”

Graph courtesy of U.S. Census Bureau

Tomorrow is Manufacturing Day 2023. Do you know where your region’s events are? Find out here. Meanwhile, the Census Bureau this week has made available a plethora of relevant data and reports, including insights into the ongoing labor shortage the manufacturing sector is facing and an aging workforce in the otherwise set-to-boom semiconductor sector.

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Rendering courtesy of Sphere Entertainment

In a city known for head-turning sights, the debut of MSG Entertainment’s Sphere has turned Las Vegas on its head. The phenomenal site hosted a performance from U2 in a space that seats up to 20,000 with standing room and has 10,000 seats outfitted with an “infrasound haptic system so guests can ‘feel’ the experience.” In addition to a 16K x 16K wrap-around screen in the theater that Sphere Entertainment calls “the highest resolution LED screen on Earth,” the world’s largest spherical structure has a 580,000-sq.-ft. “exosphere” that can display 256 million different colors to stunned passersby. This rendering shows the structure’s scale and complexity.

The project’s LED technology partner is 7thSense, a creative software and technology company with offices in Upper Beeding (Sussex) and London in the UK, and in Royal Oak (Michigan), Orlando (Florida) and Burbank (California) in North America. “Sphere’s LED displays redefine the meaning of immersive,” said David Dibble, CEO of MSG Ventures, a division of Sphere Entertainment, in a release today, noting that the result of the company’s work with 7thSense is “an experience that takes audiences from simply watching content on an LED screen to feeling like they have been transported to new places.”