Also: Analytics breakthrough in supply chain planning//Is Silicon Valley coming for farm workers jobs?
Site & Facility Planning
This Week
Friday, September 9th, 2022
This Week's Must Reads
To combat greater complexity and prepare for rapid demand shifts, resilient companies can integrate prescriptive analytics into their supply chain planning. (McKinsey & Company)
Companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials. (Supply Chain Dive)
Large swaths of the Midwest have economies based around the auto parts manufacturing trade, fueling competition between states to bring new factory investments forward. (CNBC)
The global ag-tech revolution has sped up in recent years, spurring a debate on how it will affect the workforce (the Guardian)

Residents from around the country have located to Lexington County, drawn to the community’s small town charm, natural beauty, welcoming neighbors and an endless array of amenities and conveniences, including:

  • Savoring Sunsets on Lake Murray

  • Visiting Nature at Riverbanks Zoo & Garden

  • Enjoying Bike Trails at Saluda Shoals Park

Pair that with sunny, warm weather, being in close proximity to Charlotte and Atlanta and you will start to envision why almost 300,000 people call the County of Lexington home.
Notable Project Announcements
1
Advanced Drainage Systems, Inc., a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, will build a 110,000-square-foot Engineering & Technology Center in Hilliard, Ohio. The $65 million project is expected to create 200 jobs.
2
SnackCraft, a Greece-based manufacturer of high-quality snack foods, is establishing operations in Kentwood, Michigan. The $41.75 million project is expected to create 185 jobs.
3
iDEAL Semiconductor Devices, Inc., a fabless semiconductor company, plans to expand its technology research and development in the Lehigh Valley, Pennsylvania. The $3.4 million project is expected to create 63 jobs over the next three years.
4
Wolfspeed, Inc., a leading manufacturer of Silicon Carbide semiconductors, will establish a manufacturing campus in the Town of Siler City, North Carolina. The $5 billion project is expected to create 1,800 new jobs in Chatham County by 2030.
5
Civica Inc., a nonprofit generic drug company, will establish a new laboratory testing facility at Meadowville Technology Park in Chesterfield County, Virginia. The $27.8 million project is expected to create 51 jobs.
Around The Web
Commercial transport is the driving force of the global economy, so a more sustainable trucking fleet will be critical to achieving net-zero emissions, says Michael Grahe, head of operations at truck maker Navistar. “We are fully committed to accelerating the impact of sustainable mobility,” he says. (McKinsey & Company)
As many as 22 states in the US have a target for 100% renewable energy or 100% carbon-free electricity.  The latter includes any zero-emissions resource such as nuclear and carbon capture plants. (BloombergNEF)
Tesla is looking to hire “high volume” recruiters to operate in Quebec, Canada, as rumors that the automaker is looking to establish a factory in the region are ramping up. (Electrek)
Since Russia’s invasion of Ukraine, the effects of energy supply disruptions are cascading across everything from food prices to electricity to consumer sentiment. (Visual Capitalist)
Prices elevated, but pace of increase moderating: Beige Book (Bloomberg)
Investments in battery factories, solar panel manufacturing and mining will help the Biden administration meet targets for reducing greenhouse gases. (The New York Times)
New data suggests that the pandemic-spurred flight from big coastal metros is reversing as employers push workers to return to the office.  (Bloomberg)
The Biden administration named 21 projects across the U.S. that will share in the new funding. (Route Fifty)
In March, the White House announced an initiative called Freight Logistics Optimization Works, or FLOW, “an information sharing initiative to pilot key freight information exchange between parts of the goods movement supply chain.”  (Globe Street)
Would you be willing to pay $2000 for a phone that costs only half that much today? (FEE)
This newsletter was sent to <<Email Address>> by Area Development.
We send Site & Facility Planning newsletters to Area Development readers who opted in at http://www.areadevelopment.com/ or on a mailed/faxed subscriber card. If you wish to unsubscribe from receiving our Site & Facility Planning newsletters you may use the "unsubscribe" link below. Or, click the "update preferences" link to revise your preferences.
Area Development · 30 Jericho Executive Plaza · Suite 400 W · Jericho, NY 11753 · USA
Copyright (c) 2022 Halcyon Business Publications, Inc.