Also: Life as a 21st-Century Trucker//The Importance Of Considering Rail Options During Site Selection
Site & Facility Planning
This Week
Thursday, January 19th, 2023
This Week's Must Reads
The U.S. has a shortage of electricians to install clean equipment like EV chargers, heat pumps and induction stoves. Those who get into the field can earn big. (Canary Media)
Multinational companies still want cheap and efficient markets, but they also want safety. That’s why they’re rerouting the pathways of global trade and finance. (WSJ)
As e-commerce has expanded deeper into nearly every consumer category, it has reshaped domestic supply chains more dramatically than any time in the past 100 years. (Forbes)
Technology, corporate greed, and supply-chain chaos are transforming life behind the wheel of a big rig. I went on the road to find exactly how. (WIRED)
Firm and policy makers are reexamining their supply chains and trade relationships. What does this mean for globalization? (McKinsey & Company)

If you want to position your business in the most desirable area of the country right now, the Savannah corridor, take the easy route: use the Georgia Ports’ Site Selection Tool. This robust online resource allows you to easily compare land and building availability, workforce readiness, plus, important utility and transportation options.

Notable Project Announcements
1
Armored Fresh, the U.S. subsidiary of Armored Fresh Inc., a South Korean leading food tech company, will expand its headquarters in Fairfax County, Virginia. The $125,000 project is expected to create 27 jobs.
2
Multinational lifestyle retail corporation URBN will establish a fulfillment center for its clothing rental brand Nuuly in Raymore, Missouri. The $60 million project is expected to create 750 jobs.
3
Building materials manufacturer CertainTeed will establish a new roofing manufacturing and distribution facility in Bryan, Texas. The roughly $140 million project is expected to create 130 jobs.
4
Nokian Tyres, a Finland-based company that develops, manufactures and distributes its premium tires worldwide, will expand operations at its facility in Dayton, Tennessee. The $174.1 million project is expected to create 75 jobs in Rhea County. .
5
Niagara Bottling, one of the nation’s leading beverage manufacturers, plans to establish a new production facility near Hammond, Louisiana. The $160 million project is expected to create 70 jobs.
Around The Web
Recycling lithium-ion batteries is taking off thanks to companies like Redwood Materials and could help the transition to renewable energy. (MIT Technology Review)
Last October, President Joe Biden and congressional leaders traveled to Syracuse, N.Y. to tout semiconductor manufacturer Micron Technology’s plans to build the nation’s largest semiconductor fabrication facility in the city.  (Brookings)
Recent shortages and fears of China’s ambitions to dominate the industry have led to a frenetic effort to rev up U.S. production. (WSJ)
Intent on reversing America’s decline in the world’s production of cutting-edge semiconductors, the federal government has begun what is arguably the government’s largest foray into the private sector since World War II. (The New York Times)
The Austin-based factory is scheduled to begin manufacturing the Tesla Cybertruck sometime later this year. (The Verge)
Solar manufacturer Qcells’ plan to expand in Georgia is part of a broader effort to make solar panels in the United States, instead of buying from overseas. It’s also the latest in a string of manufacturers to announce intentions to bring green jobs to Georgia, though the state has no emissions reduction targets of its own. (WABE)
According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. (Forbes)
It is striking that in the same year that Tesla’s stock price dropped by about two-thirds, destroying more than $700 billion in market value, the global market for electric vehicles — which for so long the company seemed almost to embody — actually boomed. (The New York Times)
Wall Street and industry analysts remain on high alert for signs of a “demand destruction” scenario for the U.S. automotive industry this year. (CNBC)
The prospect of a downturn is making companies more cautious about overextending themselves as they face potential revenue declines. (WSJ)
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