Site Selection Investor Watch - February 12, 2024

FROM SITE SELECTION MAGAZINE, JANUARY 2024 ISSUE

E-COMMERCE & LOGISTICS

Logistics Industry Is All In on Texas Growth

The state has grabbed nearly 20% of the more than 6,200 U.S. logistics facility investments Site Selection’s Conway Projects Database has tracked since New Year’s Day 2021.

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FROM THE ARCHIVES

Among the many publications and books outside of Site Selection that have been published by Conway Data over the past 70 years was The Journal of Southern Research, launched in January 1949 as The Journal of Southeastern Research and quickly renamed to encompass more of the South. The publication championed the location of more science, technology and R&D in the South while publishing such things as lists of new patents by Southern inventors, updates on university research, a detailed study of lime production in Florida and ads for equipment such as a magnetic stirring apparatus and the Burrell Industro Gas Analyzer out of Pittsburgh.

The January 1950 issue promoted this new $15,000 electron microscope at Duke University on its cover, but included news about the Air Force’s new $100 million Air Engineering Development Center near Camp Forrest, Tennessee (now known as Arnold AFB); establishment of a new rocket research center in Huntsville, Alabama (“using the facilities of the $30 million chemical warfare plant built during the war”); a new textile engineering building at Georgia Tech; and new engineering investment on the campus of “North Carolina State College in Raleigh,” now one of the South’s pre-eminent engineering programs at North Carolina State University.

PROJECT BULLETIN

Do Go Back to Rockville

AstraZeneca’s Rockville site will focus specifically on development of T-cell therapies.

Photo courtesy of AstraZeneca

AstraZeneca’s project in Maryland leads off this week’s Site Selection Project Bulletin, alongside investments by Toyota in Kentucky and AGC in Japan.

KANSAS — THE NEW GOLD STANDARD

TALENT RECRUITMENT

Talent, Consider Your Resources

A forecast from Wichita State University last year projected Kansas would add 25,000 jobs by the end of 2023. Among other programs designed to facilitate talent development, the state is scaling up registered apprenticeships.

AEROSPACE & DEFENSE

How Kansas Keeps Its Aviation Industry Aloft

Anchored by Wichita, the state’s aerospace and defense industries had a $24 billion impact as recently as 2021, accounting for more than 5.3% of state GDP.

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PHOTO OF THE DAY

Photo by Prapat Aowsakorn: Getty Images

The Lunar New Year celebration kicked off on Saturday, February 10, and continues until the lantern festival on February 24. Associate Professor Xiaohuan Zhao of the University of Sydney gets us up to speed on all aspects of the celebration in this Year of the Wood Dragon.