has a significant impact on Florida’s transportation system and economy. The movement of goods within and through the state is supported by these freight intensive areas within which almost a billion square feet is used for warehousing purposes, and another quarter of a billion square feet is currently in use for light manufacturing. Other significant uses are heavy manufacturing, utilities, and food packing. Further supporting these freight clusters are ample truck parking spaces available off major roadways totaling more than 10,000 spaces. Approximately 70% of these are in privately-owned facilities, while the balance are in government owned sites. This private-sector participation in the entire freight and logistics landscape is both evident and much needed. Florida is a peninsula covering a land mass of 53,000 square miles; thoughtful investments into its public roadways have resulted in more than 123,000 miles of certified public roadway, To the north the I10 corridor connects Jacksonville with Pensacola and points west. Both the I75 and I95 highways together with the Florida Turnpike facilitate the transfer of goods and people north and south. Of this total the County Road System provides more than 70,000 of roadway while City Street System represent 38,000 miles of all public roadways in the state. There are 15 deep water seaports strategically located along the wideranging coast of the peninsula, serving major centers of trade, with Florida’s geography allowing it to benefit from both the east-west and north-south trade lanes. All of its 15 seaports provide 900,000 jobs, and transporting a combined 107 million tons of goods per annum. There are two major spaceports in Florida – Cape Canaveral and Cecil. Cape Canaveral is the primary launch head of the US Eastern Range with three launch pads currently active. Cecil is a public joint civil-military airport and spaceport. Clearly, Florida enjoys an expansive and well-connected multi-modal infrastructure system. Complementary to its strong global trade position is the availability of incentives that are conducive to encouraging further growth through trade. Operating in a foreign trade zone has many benefits including duty reduction, duty exemption, duty deferral, and streamline logistics, among others. Florida has the second largest FTZ network in the US. It is ranked 8th in the US for exports and 3rd for warehouse and distribution activity. The major products by value are oil and petroleum (39%), vehicles (14%), machinery and equipment (10%). One very effective yet lesser-known financing tool for capital intensive projects is what is now called the industrial revenue bonds (IRB), formerly called industrial development bonds. It is essentially a conduit financing tool in which a local government issues a municipal bond on behalf of a private company. The IRB funds the development of a manufacturing facility and the bond holders are repaid from the revenue of the project. The interest rate savings to the bond holders plus the many positive impacts to the community make this a great tool to finance larger scale manufacturing projects which are heavy users of the state’s infrastructure network. One final incentive program I would like to quickly mention is Space Florida. In essence Space Florida is the state’s space economic development agency, created to strengthen the state’s position as a global leader in aerospace research, investment, exploration and commerce. They can provide conduit financing to fund property or infrastructure within specially designated properties which can ‘provide financial efficiencies for business by construction deals that lower overhead and operating cost…(through the provision of) a synthetic lease: a kind of operating lease structured in such as way that it’s not recorded…on the balance sheet.’ The flexibility afforded by this special purpose financing scheme is helping position Florida as a global leader in the space industry. In conclusion, the future remains bright for the Sunshine State. With its expansive infrastructure supporting an industrialized and diversified economic growth. Currently ranked as the fourth largest state economy, Florida is in an enviable position as the trade capital of the Americas while looking to play a bigger role in the global economy. RUTH A. BUCHANAN, MBA, CEcD Vice President, GrowFL Helping second stage companies attain a higher plane of excellence. ruthbuchananfl [email protected] 51. FDI ALLIANCE INTERNATIONAL
Indiana is known as the Hoosier State and is located in the Midwestern area of the United States. It borders Lake Michigan, the states of Michigan, Ohio, Kentucky and Illinois. The Governor is Eric Holcomb and the capital city is Indianapolis. This is also the largest city in the state. Known for its auto racing, Indianapolis host the Indianapolis 500 race over Memorial Day weekend every year. The name of the race is usually shortened to the “Indy 500” and is held at the Indianapolis Motor Speedway. Such an event, brings many tourist to the area. Attendees visiting bring revenue to communities. This creates jobs and enhances the local economy while improving the quality of life for residents. Manufacturing is a big business in Indiana. A very high percentage of Indiana’s income comes from manufacturing. The leading exports include motor vehicles and auto parts, industrial machinery, optical in medical equipment, electrical machinery and pharmaceutical products. Indiana is located in the Corn Belt region of the Midwestern United States. This area has dominated corn production and is dominated by farming and agriculture. The state grows corn used as feed for cattle and hogs. Dairy, egg production and horticulture are popular as well. Other crops include grapes, mint, melons, popping corn, tomatoes and tobacco. Many pharmaceutical research companies are headquartered in Indiana. The company Eli Lilly located in Indianapolis is the state’s largest corporation. A worldwide headquarters of Mead Johnson Nutritionals is also located in the Evansville area. Transportation is provided by air, land and water. Being ranked #1 as the leader in pass-through interstates and highways. They are the #2 FedEx air hub in the world and #3 in total freight railroads. While ranking #4 in rail tons of food products, #5 in Class I railroads and lastly #6 in being the largest cargo airport. In order to promote growth, profits and innovation the state offers many business tax incentives and corporate tax credits. They also offer economic development programs for companies creating new jobs. Indiana’s corporate income tax is decreasing from 6.5% to 4.9% by 2021. The Community Revitalization Enhancement District Tax Credit, which provides an incentive for investment in community revitalization enhancement districts. With this program, the credit amount is equal to the amount of qualified investment made by the taxpayer during the taxable year and multiplied by 25%. This credit is applied against the taxpayer’s state or local tax liability and may be carried forward to the following taxable years. The Data Center Gross Retail and Use Tax Exemption provides a sales and use tax exemption on the purchases of qualifying data center equipment and energy to operators of a qualified data center. This cannot exceed 25 years for data center investments of less than $750 million. The Economic Development for Growing Economy Tax Credit provides incentives to businesses to support job creation. This also supports capital investment and then provement of the standard of living for Indiana residents. The refundable coorporate income tax credit is calculated as a percentage of the expected increased tax withholdings generated from new jobs that can be created. Other incentives include, the Headquarters Relocation Tax Credit, the Hoosier Business Investment Tax Credit, the Industrial Development Grant Fund, Research and Development, a Workforce training Grant, Venture Capital Investment Tax Credit and a Redevelopment Tax Credit to name a few. Creating new opportunities for businesses through lowering business taxes, incentives and grants, economic strength and growth. Indiana is the state ideal for such industries as manufacturing, aerospace and aviation, agriculture, cyber security, energy, life sciences, logistics and transportation and technology. GOVERNOR ERIC HOLCOMB STATE OF INDIANA 52. FDI ALLIANCE INTERNATIONAL
Where is Huntington County Economic Development located and what is the primary vision and mission of this organization? Huntington County, Indiana and the Huntington County Economic Development Corporation are located in the heart of the Great Lakes Region of the United States in Northeast Indiana. We are approximately 25 miles from Fort Wayne, Indiana’s 2nd largest City, and 96 miles from Indianapolis, the State Capitol. We’re a convenient and affordable location to bring your products to global, U.S. and regional markets. The U.S. urban centers of Chicago, Columbus, Detroit, Indianapolis, Louisville, Pittsburgh, St. Louis, Kansas City and their various satellites, are directly connected to our local market, and our own urban center of Fort Wayne, Indiana. Regionally, we’re on Interstate 69 (north-south) half-way between Indianapolis, Indiana, and the Michigan/Indiana State line. The fourlane U.S. Highway 24 (east and west) is our connection to the Lake Erie Port of Toledo, Ohio to the east, and Purdue University in West Lafayette, Indiana to the west. Norkfolk-Southern Railway serves our location and air service is conveniently provided at Fort Wayne International Airport (FWA) and our local municipal airport, Huntington Municipal Airport (HHG). Our County is named in recognition of Samuel Huntington of Connecticut, a signer of the U.S. Declaration of Independence and president of the Continental Congress under The Articles of Confederation. We’re unique in that our County, City and Township share the same name, Huntington. Approximately 36,000 people call Huntington County home, yet with our location on the Interstate 69 corridor, a workforce of over 400,000 people live within a 45 minute commute. We’re close enough to Fort Wayne, Indiana to offer and benefit from excellent urban amenities, yet far enough and small enough to offer the charm of a rural community. The principal communities in the County are Andrews, Bippus, Huntington, Markle, Mount Etna, Roanoke, and Warren, each with their own vibrancy and unique development histories. The VISION of the Huntington County Economic Development Corporation is to help make Huntington County an even better place to live, work, play, and invest with a MISSION to promote opportunities for new job creation and capital investment in Huntington County’s industrial community. Why is it so important to retain, expand and attract new business in your community? The most idealistic answer is simply that when employers prosper so too do their employees and host communities. Job creation not only improves individuals' livelihoods but also enhances the overall economic well-being of the local area. It clearly works best when 54. FDI ALLIANCE INTERNATIONAL
stakeholders truly, fairly, and honestly benefit from their various labors and investments. Financial growth in capitalist or blended economies is only made possible by the many benefits resulting from the successful investment of resources by the private sector. Indiana’s former Governor, Mitch Daniels, said, “Government’s don’t create jobs or opportunities, they only create the conditions which make this activity more, or less likely.” Our Agency’s work on behalf of our various constituencies is important for obvious reasons like “tax base” and overall economic vitality, but the truth is, we do what we do because we believe in our Community. Our employers, families, friends, kids, teachers, shop owners and others truly define who we are. People are constantly changing, so as a result, Communities are constantly changing. We believe economic development is about creating a systematic way to preserve and enhance the economic vitality of a community. We want to be a source of encouragement to local units of government, employers and employees alike. The City of Huntington is celebrating its 175th birthday as a city. We’ve seen good times and bad. We take competition seriously. We know companies can invest anywhere on earth and we don’t want to take it for granted that others wouldn’t try to recruit our existing industrial base. We’re a tenacious, resilient people who simply don’t quit. We help each other be successful. We’re a collaborative community. We’re all in this effort together. What are the leading industry sectors in your community? How does Huntington County Economic Development continue to attract high-value investment projects that create new jobs? Our local economy is very diverse for a community our size. Our core industry sectors are agriculture, automotive, education, food processing, healthcare, logistics, metal fabrication, mineral aggregates, orthopedic devices, petroleum refining & distribution and video/film production and post-production. Our Agency serves as a concierge to these various sectors as well as preparing the basics of land due diligence for industrial property development. Various job training, entrepreneurial development, housing development, and human service provider networks collaborate to offer excellent support opportunities in our County. Mark, what industries would you like to see more international investment coming from in Huntington County? We are very fortunate because aggressive foreign direct investments continue to find their way to our Community in all our core industry sectors. We do have an emerging sector in the video and film production industry, led by Forester Films and SmileyFace Media companies. Our local talent in this arena has made a mark on Hollywood with a feature film called, “The Wayfaring Stranger” featuring Stephen Baldwin and Bethany Ann Lind. Recently, Forester Films, based in the Huntington University School for Digital and Media Arts, has been recognized nationally, earning a total of 19 various awards at the 2023 Broadcast Education Association (BEA) Festival of Media Arts, competing with NCAA Division 1 powerhouse universities and Huntington won more than any other school in the nation. My Agency’s website, www.hcued.com now features videography from SmileyFace Media of Huntington. Their owner contracts with Warner Brothers. International investment in this emerging sector in Huntington is a fantastic opportunity. 55. FDI ALLIANCE INTERNATIONAL
Briefly outline the strategies in place to ensure that Huntington County continues to produce a highly skilled workforce that strengthens your economy. We have a collaborative approach to creating strategies and tactics to be sure our workforce is as strong as can be and it has already proven itself with our local employers. Teijin Automotive Technologies Company builds the exterior body panels for the iconic midengine Corvette. Most Corvette owners insist on perfection in their car. Our existing workforce delivers that quality. Also, the employees at Incipio Devices, a medical and orthopedic device anufacturer, perform at a level of excellence competitive anywhere in the world. There is a collaborative program we call the Huntington County Community Learning Center, owned by our public school corporation, but programed with the support of industrial leaders, industry certification specialists and institutions of higher education. Our Chamber of Commerce and Community Foundation work together with the City and County as well as the other leaders just mentioned to be sure there is an awareness of workforce challenges and solutions. We’re also proud of our high school robotics club as they compete nationally and internationally. Huntington was honored to host the Indiana and mid-west championship competitions recently in the world of robotics. What incentive programs are in place on a state and local level to guarantee successful projects for companies doing business in Huntington County? It’s no secret that Indiana is among the U.S. leaders in manufacturing and foreign direct investment ventures. The State offers various tax credits, job training and regulatory assistance. At the local level we offer the phase-in of property tax liabilities. We have the ability to support public infrastructure investments via tax increment financing and have the potential to offer small grant opportunities. Generally, we will work together with the client in the best way we can to appropriately “structure” performancebased incentive programs in the most relevant way possible. How many International companies have relocated to Huntington County in the last 36 months? How much revenue and jobs have been created as a result of these projects? The largest employers in Huntington County’s industrial base are owned internationally. They include: 56. FDI ALLIANCE INTERNATIONAL
ࣿ Canadian-based, Onward Manufacturing Company ࣿ French-based, Schneider Electric ࣿ German-based, Bendix Commercial Vehicle Systems of Knorr-Bremse ࣿ Japan-based, Helena Chemical Company of Marubeni ࣿ Japan-based, Teijin Automotive Technology Company Each of these companies have made major investments in our Community over the last 36 months totaling over $165 million, creating nearly 1,500 jobs. Mark, what is the cost of doing business in Huntington County? What can you tell us about the quality of life in your region? According to Best Places.net, https://www. bestplaces.net/cost_of_living/city/indiana/ huntington Huntington, Indiana gets a BestPlaces Cost of Living index of 73.9, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 26.1 percent lower than the U.S. average. A typical home costs $158,000, which is 53.3 percent less expensive than the national average of $338,100 and 28.7 percent less expensive than the average Indiana home, at $221,600. The County is located in convenient proximity to major metropolitan areas while still maintaining its rural charm. Outdoor recreational activities locally, include boating, fishing, hiking, camping, and bike riding. The County has a robust trail system to enjoy. The City of Fort Wayne, Indiana, is less than a 30 minute drive and features professional sports teams and entertainment venues along with a wonderful variety of restaurant and shopping opportunities. For more information visit https://neindiana.com/. What can the world of foreign direct investment expect from Huntington County Indiana in future years to come? Can you disclose any upcoming projects of announcements? Huntington County will continue offering stability and collaboration to investors. We continue to be served by elected officials who truly want the best for our Community and want to be available to encourage companies to be successful. Project announcements in 2023 include: ࣿ$ 30 million – Sortera Alloys Company ࣿ$ 24 million – Bendix Commercial Vehicle Systems (German) ࣿ$ 8 million – Incipio Devices (orthopedic devices) ࣿ$ 1.2 million – Commodity Blenders (agricultural feeds) MARK WICKERSHAM EXECUTIVE DIRECTOR m 8 West Market Street Huntington, IN 46750 n Office: 260-356-5688 Cellular: 260-388-3939 e [email protected] d www.hcued.com 57. FDI ALLIANCE INTERNATIONAL
Rural America is at a crossroads. Rural communities can either maintain the status quo and watch the economic development opportunities for new jobs and investments pass by for other regions, or they can start the process of creating new, large-scale industrial parks capable of transforming their community through investments and job creation. Economic development prospects for rural America have never been better. Companies are looking to bring manufacturing back to the United States through reshoring and reinvestment. Most of these potential projects are looking for industrial parks that have a minimum of a 1,000 acres available with access to infrastructure and utilities. These so-called “mega sites” require communities to work closely with their local utilities to maximize available capacities along with easy access to roads, rail and ports, both air and water. The communities that were able to see the writing on the wall several years ago and began preparing mega sites within their communities are already benefiting from this new wave of manufacturing projects. Industry sectors including metals, chemicals and now electric vehicle batteries are seeking rural locations with access to logistical advantages to move products. These large sites have to be able to supply the requirements necessary for this megaproduction, including large capacities of water, sewer, electricity, broadband and natural gas, as well as the infrastructure to move their workforce, raw materials and finished products. The communities that planned ahead years ago and developed these types of sites are now welcoming billion-dollar investments that will forever change the economic trajectory of their residents. Kentucky is blessed in many ways, from beautiful vistas on mountain tops in the east to amazing rivers and lakes found in the flatter lands of the central and western portions of the state. One thing all of the state can brag about is the access to a logistical dream from a myriad of interstates, railways, airports and navigable waterways to move materials through the supply chain and products to destination markets. Bringing together these logistical advantages with the eye of an economic developer is the key challenge in creating opportunities that will transform rural America. In Mount Vernon, Kentucky, a local economic developer is leveraging the convergence of utilities and interstate highway infrastructure to assemble one of the largest and most promising industrial tracts in the eastern United States. When Jeff VanHook, Executive Director of the Rockcastle Industrial Development Authority, first began looking for potential industrial sites within his community in April 2023, he was focused on creating an opportunity to bring partners together to create a mega site. VanHook knew from discussions with fellow economic developers in the region that they needed a collective vision for a transformational opportunity. From recent announcements of large-scale projects in Kentucky, VanHook leaned on his network to begin a vision for a mega site of greater than 1,000 acres in Eastern Kentucky, close to Interstate 75 with the capability to serve large utility loads for a potential project. EMBRACING TRANSFORMATIONAL OPPORTUNITIES “If you want things to change, you have to change. If you want things to be better, you have to be better.” — Jim Rohn • Rockcastle Mega Site in Mount Vernon, Kentucky 58. FDI ALLIANCE INTERNATIONAL
One of the first people VanHook reached out to was Tim McClure, President of Solid Ground Consulting Engineers, a fellow Rockcastle County native who shared VanHook’s passion for creating a transformational opportunity for the region. McClure states, “Jeff VanHook came to me and began to sow seeds of this idea for a potential mega site project. As we began to look at this site, we realized that this could really happen. We began to engage some of our community partners to talk, to ask them their opinions about utilities and infrastructure. And we began to see that a lot of what we need is already there. There are about 60-something property owners. And you think of assembling one tract of land and having to deal with that many people. But when Jeff VanHook went to those people to confidentially talk to them, they caught the vision. Quickly – very quickly – we began to assemble 1,380 acres of land that he has under option. We can put this together for a mega-site for the Commonwealth of Kentucky.” Known as the Rockcastle Megasite, it is actively being promoted around the world by the Kentucky Cabinet for Economic Development as well as the Kentucky’s Touchstone Energy Cooperatives and Jackson Energy. With almost 1,400 acres under contract and the potential to expand the site to 1,800 acres and more, people are starting to pay attention. With the interstate less than four miles away and with rail from CSX planned for the site, the logistics are impressive. Currently, the site is being evaluated by the Site Selectors Guild’s inaugural site-readiness program for inclusion in their sites across the nation primed and ready for industrial development. With existing electric transmission lines on the site and plans to bring over six million gallons of water daily and a high-pressure natural gas line, the Rockcastle Megasite could support a major manufacturing campus for the potential projects in the metals or EV automotive sectors. Haley McCoy, the CEO and President of the Kentucky Economic Development Association, believes in VanHook’s vision and says “This is one of those project examples that doesn’t just impact the community, it impacts a region. It’s going to impact the entire Commonwealth. It’s a really strategic investment. … What is so exciting about these regional projects is it brings together community assets in exponential ways. When you’re standing there in Broadhead, a community in Rockcastle County, and you’re looking at this property, you know all of the people, you can see lives being changed, communities being transformed by that single point in space. There are education systems, health care, roadway, utility access all around in every direction. And it’s just an ideal project for Kentucky.” Companies and site selectors are becoming aware of this new mega site on the Interstate 75 corridor, and activity related to Requests For Information (RFI) and site visits have followed. Not a week passes that VanHook does not receive contacts about the potentials of the site. He enthusiastically exclaims, “You have got to see it; it’s so much better in person.” As more and more become aware of the site, the likelihood of the transformational opportunity everyone in the community dreams of comes closer to becoming a reality. Residents of the community are excited when they think of the potential change this transformational project would bring to the region. Rockcastle County native Tim McClure summarizes, “You realize, maybe this is that legacy project that I’ve been chasing my whole life and it’s going to benefit my community.” Jeff VanHook has brought together his community, region and state to believe in the vision he saw that will bring about opportunities and future prosperity to his hometown. The thought of the community is not if something will come, but when. Jeff, Tim and the rest of their Rockcastle County neighbors cannot wait to welcome a new company to their hometown. They look forward to the transformational possibilities for everyone in the region that these jobs and investments will bring. Stay tuned and keep an eye out for what is coming to Rockcastle County, Kentucky. 4775 Lexington Road 40391 P.O. Box 707, Winchester, KY 40392-0707 Tel. 859 595 6251 [email protected] www.DataIsPower.org BRAD THOMAS ECONOMIC DEVELOPMENT KENTUCKY’S TOUCHSTONE ENERGY COOPERATIVES • Jeff VanHook, Tim McClure along with Brittany Cox of Kentucky’s Touchstone Energy Cooperatives exploring the possibilities at the Rockcastle Mega Site in Mount Vernon, Kentucky 59. FDI ALLIANCE INTERNATIONAL
It is no secret that Kentucky is experiencing record-setting economic momentum, and the continued success of the state’s key industries is a major reason why. From the rapidly growing automotive and electric vehicle industry to food and beverage, agritech and general manufacturing, when the state’s strongest sectors see unprecedented growth, a strong economy that benefits all Kentuckians follows. One of Kentucky’s strongest – and most crucial – industries is distribution and logistics, which helps the commonwealth remain one of the premier landing sites for companies looking to access their customer base quickly and more efficiently. Businesses know the state’s unique resources allow for unparalleled logistics capabilities and are creating more quality job opportunities throughout the commonwealth. Since the start of Gov. Andy Beshear’s administration, companies within the logistics sector have announced over 8,500 fulltime, Kentucky-resident jobs across nearly 130 facility expansion and new-location projects, with more than $2.5 billion in capital investment in the commonwealth. Kentucky’s logistics prowess centers around companies like UPS, DHL, Amazon and FedEx, all of which have a significant presence in the state. UPS houses both the planet’s largest automated package-handling facility, UPS Worldport, as well as its Centennial Ground Hub in Louisville, while FedEx operates several large ground hubs throughout the state. Meanwhile, DHL continues to grow its presence at Northern Kentucky’s CVG Airport, and the Amazon Air Hub is delivering over 1.5 million packages a day. Distribution- and logistics-related companies benefit from the state’s second-to-none geographic location. Kentucky sits at the center of a 34-state distribution area in the Eastern U.S., and its borders lie within a day’s drive of more than two-thirds of the nation’s population. This ideal geographic location puts Kentucky at the confluence of the Northeast, Midwest and South, giving it ready access to key populations and centers of international commerce. This is a fundamental reason the logistics and distribution industry has concentrated in the commonwealth. Kentucky’s three air cargo hubs – UPS Worldport, DHL and Amazon Air – have positioned Kentucky among the national leaders in air cargo shipment volume. This strong presence by the world’s most prestigious logistics companies means products manufactured in Kentucky can get virtually anywhere in the world overnight. Twenty interstates and controlled-access parkways, as well as 28 highways and state parkways, provide companies with quick and efficient highway transport. With 2,400 rail miles, Kentucky is a main-line center for CSX, Canadian National and Norfolk Southern, as well as for regional and local networks of short line railroads and intermodal freight facilities. Kentucky boasts 80,000 miles of public roads in state, as well as 1,000-plus miles of navigable waterways that provide cost-effective shipping of bulk goods. Initially spurred by Kentucky’s growing manufacturing base, the logistics sector in the past 20 years has been supercharged by an ever-increasing tide of online ordering, warehouse fulfillment and rapid shipment to homes. And that momentum has shown no sign of slowing. This type of historic economic momentum is not possible without the necessary business climate, which includes a strong, talented workforce, access to resources, advantageous location and most important, investment from high-quality companies from around the world bringing well-paying, full-time jobs to Kentucky. Going Global: Kentucky is an FDI Powerhouse Kentucky ranks 5th nationally in foreign direct investment (FDI) employment as a percentage of total employment. The state’s 60. FDI ALLIANCE INTERNATIONAL
BRANDON MATTINGLY Director Office of Marketing and Communications Kentucky Cabinet for Economic Development M Old Capitol Annex, 300 West Broadway Frankfort, Ky. 40601 N (502) 782-2006 E [email protected] d www.ced.ky.gov strong international ties speak to the fact executives all over the world recognize the Bluegrass State as a premier location and partner for business. Kentucky’s international presence includes more than 500 facilities that employ almost 114,000 people and represent 33 different countries. Under the leadership of Gov. Beshear, FDI has contributed to over 180 new projects announced totaling nearly $14.5 billion in direct investment and creating over 16,000 full-time jobs. In 2022, foreign-investment projects accounted for over 3,300 jobs created and $3.9 billion in new investment, which accounted for 37% of Kentucky’s total direct investment number over the course of the year. Kentucky’s history of developing successful partnerships with international companies goes back decades. Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, which broke ground in 1986 and opened in 1988, is the company’s largest plant globally and continues to make major contributions to Kentucky’s auto industry. Today, roughly 140 Japanese-owned automotive-related facilities operate or plan to locate facilities in Kentucky, and much of that presence can be attributed to the growth of TMMK. International companies are setting a new standard for economic development in the commonwealth. In September 2021, Gov. Beshear and executives from Ford Motor Co. and SK On, a South Korean-based company, announced the BlueOval SK Battery Park in Hardin County. The transformational $5.8 billion project is the single-largest economic development investment in Kentucky history and is set to create 5,000 jobs in the heart of the state. Germany-based Wieland North America broke ground on a $100 million copper recycling center in Shelby County, Kentucky, that is creating 75 quality jobs for Kentuckians. The company has also announced a new headquarters in Louisville, creating an additional 75 positions. Joining Wieland North America, Germanowned Purem by Eberspaecher recently opened an automotive-related facility in Louisville, creating 250 full-time jobs. In January 2022, India-based Novelis Corp. announced a $365 million investment to construct a new recycling center that will create 140 jobs. In December 2022, Francebased Pernod Ricard USA announced a distillery project with the potential to grow to a $250 million investment. In addition to record-breaking foreign direct investment, Kentucky products and services are valued by international customers as well, greatly adding to the state’s recent economic surge. Exports by Kentucky businesses surpassed $34 billion last year, a 16.5% increase from 2021. Kentucky’s top export was aerospace products and parts, accounting for $10.4 billion in products shipped around the world. Other top exported products from the commonwealth include pharmaceuticals and medicines, motor vehicles, resin and rubber, and computer equipment. The list of Kentucky’s top international export partners is as diverse as Kentucky-made products, with countries such as Canada, Mexico, the United Kingdom, China, France, Brazil, the Netherlands, Japan, Austria and Malaysia making up the top 10. From international companies creating jobs in the commonwealth to Kentucky-made products shipped around the world, Kentucky’s global presence is stronger than ever and will continue to grow in the years ahead. 61. FDI ALLIANCE INTERNATIONAL
The American economy is unambiguously linked to the global economy. Natural resources and manufactured goods are produced throughout the United States to serve both domestic and international markets. As a result of vast supply chains more freight is moving greater distances to support our trading partners around the world. In 2021 the U.S. transportation system moved a daily average of about 53.6 million tons of freight valued at more than $54 billion. Based on the “Freight Analysis Framework utilized by the US Department of Transportation freight tonnage will increase at about 1.6 percent per year between 2023 and 2050. Smart investments in infrastructure at the national, state and local level will strengthen the US economy and improve global supply chains. IMPROVING OUR NATIONS ROADS AND BRIDGES: The issues with the current state of infrastructure in the US are clear and apparent. A White House report released in 2021 stated that, “One in five miles, or 173,000 total miles, of our highways and major roads and 45,000 bridges are in poor condition.” In an effort to address this issue the “Infrastructure Investment and Jobs Act” will inject $110 billion in new funding for roads, bridges, and major projects. This investment will repair and rebuild our roads and bridges as well as focus on climate change mitigation. The bill includes a total of $40 billion of new funding for bridge repair, replacement, and rehabilitation, which is the single largest dedicated bridge investment since the construction of the interstate highway system which was signed into law in 1956. The bill also includes around $16 billion for major projects that are too large or complex for traditional funding programs. The “Infrastructure Investment Act” takes an important first step in investing in America’s aging infrastructure. This bipartisan legislation will rebuild America’s roads, bridges and rails, and address the climate crisis. RAILWAY EXPANSION AND SAFETY: According to the Federal Railroad Administration (FRA), as of October 2023 there have been 742 train derailments in the US this year. Some of these incidents involved hazardous materials and significantly impacted the health and safety of local communities. Additionally, railroads reported 59 collisions, 12 fires, and 138 highway-rail-crossing incidents. Highway systems in the United States receive multi-year funding, however, railway systems don’t receive multi-year funding which leads to deferred maintenance, the inability to improve and expand railway lines or to build new lines in high-priority areas. Although the Infrastructure Investment and Jobs Act will invest $66 billion in the rail sector to modernize the Northeast Corridor, improve intercity rail service, high-speed rail and overall rail improvements it will be important for municipalities throughout the US to be forward thinking and strategic in their rail service planning to ensure the highest economic impact and benefit to their communities. Municipalities may want to develop a vision for how these investments can be connected to a multi-modal system in the future which will greatly expand the overall benefits and ROI (Return on Investment) in their communities. IMPROVING AN UNRELIABLE POWER GRID: A Wall Street Journal study released in 2022 entitled, “America’s Power Grid is Increasingly Unreliable”, stated that incidences of prolonged blackouts across the United States have doubled since 2013.Often when THE INFRASTRUCTURE INVESTMENT AND JOBS ACT MOVING THE US ECONOMY FORWARD 62. FDI ALLIANCE INTERNATIONAL
we think of infrastructure we think of roads, bridges and buildings but forget about the importance of our nation’s power infrastructure. Recent power outages during extreme cold conditions in Texas resulted in the death of at least 250 people. Extreme weather conditions last year along the East Coast resulted in residents being asked to decrease their power usage to keep the grid from crashing, while millions of residents in North Carolina and Tennessee lost power. However, it’s not just cold weather that negatively impact the US power grid, California residents have grown accustomed to rolling brownouts and blackouts. The legislation’s roughly $65 billion investment includes the single largest investment in clean energy transmission in American history. It upgrades our power infrastructure by building thousands of miles of new, resilient transmission lines to facilitate the expansion of renewable energy. The legislation also establishes a new Grid Deployment Authority (GDA) which will invest in research and development for advanced transmission and electricity distribution technologies. GDA will also promote smart grid technologies that deliver flexibility and resilience to the nation’s power infrastructure. It will invest in demonstration projects and research hubs for next generation technologies like advanced nuclear, carbon capture, and clean hydrogen. SUPPORTING E-COMMERCE INFRASTRUCTURE NEEDS - LOOKING TOWARD THE FUTURE The investments and improvements in the nation’s transportation infrastructure will greatly benefit the E-Commerce sector. Consumers are purchasing more online and have ever growing expectations in terms of delivery service and speed. Transportation costs account for nearly 65 percent of total logistics costs, the ability to reduce those supply chains costs and improve efficiency are becoming increasingly important to competing in the E-Commerce sector. However, it is important to note that transportation and logistics should not be the only infrastructure concern of state and city leaders, there are also increased commercial real estate development needs that need to be addressed to support this sector. According to the Statista Research Department, “The revenue in the E-commerce market in the United States was forecast to continuously increase between 2023 and 2028 by in total 619.7 billion U.S. dollars (+67.75 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 1.5 trillion U.S. dollars and therefore a new peak in 2028.” The COVID pandemic had a significant impact on global shopping patterns and resulted in more frequent online purchasing. This shift in shopping patterns resulted in the need for industrial and warehouse space. In 2020, 97.5 million square feet (msf) was leased directly by E-commerce companies, while another 77.1 msf was transacted throughout 2021. CBRE, a global leader in commercial real estate services and investment estimates that the United States will need to add 330 million square feet warehouse space dedicated to online fulfillment by 2025 in order to keep pace with the expected uptick in E-commerce sales over the same time period. Globally, there will need to be an increase of 1.5 billion square feed to keep up with a $1.5 trillion up-tick in E-commerce sales by 2025. Economic Developers across the country will need think strategically and innovatively on how they can address the transportation, logistic and commercial real estate needs of this flourishing industry if they want to excel in this sector. The “Infrastructure Investment and Jobs Act” expansion of investments in our nation’s roads, bridges, railways and power grid will improve our transportation and logistics systems and has the ability to improve economic opportunities for everyone. These new investments if implemented strategically and effectively will be able to increase our economic output while becoming more efficient and cost-effective. Local communities that think strategically can leverage these investments to increase access to lowcost transportation and connect their residents to more job opportunities while simultaneously creating higher-wage jobs. ERRAN F. PERSLEY PRESIDENT/MANAGING PARTNER EUPHRATES INTERNATIONAL INVESTMENT COMPANY 2333 Alexandria Drive Lexington, KY 40504 (202) 677 0473 63. FDI ALLIANCE INTERNATIONAL
Mississippi, constituent state of the United States of America. Its name derives from a Native American word meaning “great waters” or “father of waters.” Mississippi became the 20th state of the union in 1817. Jackson is the state capital. Mississippi is smaller than most of the U.S. states and is bounded on the north by Tennessee, on the east by Alabama, on the south by Louisiana and the Gulf of Mexico, and on the west by Louisiana and Arkansas. Mississippi is naturally well suited to agriculture; its soil is rich and deep, and its landscape is laced with many rivers. Mississippi is Known For being the birthplace of American blues music and home to many talented musicians. It is also famous for its fertile soil, which makes it an agricultural powerhouse, as well as for its catfish farming industry. Mississippi is committed to expanding it’s growing enterprises and attracting new business through it’s infrastructures, investments and cultivating a positive business climate. This is a testament to how dedicated Mississippi is in building a thriving economy. Under Governor Tate Reeves, Mississippi has attracted more than $6 billion in new capital investment and recorded the lowest unemployment rate in the history of the state. Mississippi has attracted projects ranging from automotive manufacturing to space-related industry. Mississippi have supported numerous businesses with resources, including training and technical assistance, to help them grow and compete in global markets. They have promoted the outstanding quality of life and tourist attractions in their small towns, through a campaign that helped increase visitor spending to $7 billion in the last fiscal year. Mississippi is developing their roads, bridges, ports, airports and broadband. Grasping the strengths in tourism, agriculture, forestry and aerospace. In 2022, MDA, the Golden Triangle Development LINK and Lowndes County secured the largest corporate investment to date in Mississippi as Steel Dynamics announced plans to expand its campus in Columbus. Steel Dynamics will invest $2.5 billion to create an aluminum flat roll mill and biocarbon solutions plant, which will create 1,000 jobs in the Golden Triangle areas. Mississippi remain competitive, speed to the market is a top priority for companies. With the support of Governor Reeves and the Legislature, Mississippi Development Authority will invest more than $81 million by the beginning of 2024 to prepare industrial sites state wide. So companies can turn dirt once they have chosen the perfect Mississippi location. Since the inception of the Site Development Grant Program, MDA has invested in more than 50 sites, like the Madison County Mega Site, which has received funds for road extensions and other infrastructure projects while gaining several new businesses, including Amazon and the recently announced Clark Beverage Group. GOVERNOR TATE REEVES STATE OF MISSISSIPPI 64. FDI ALLIANCE INTERNATIONAL
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THE TRANSFORMATIVE IMPACT OF FTZS AND OZS FTZs and OZs, while distinct in their nature, share a common goal: stimulating economic activity and facilitating seamless international trade. Located strategically near ports or transport hubs, FTZs offer benefits like eased customs regulations and tax incentives, making them ideal for storage, processing, and re-exporting goods. OZs, predominantly in the U.S., target economically distressed areas, offering tax breaks to spur investment and revitalization. INTRODUCTION In an era marked by rapid globalization and evolving trade dynamics, Foreign Trade Zones (FTZs) and Opportunity Zones (OZs) have emerged as pivotal elements in bolstering economic growth and enhancing supply chain efficiency. This comprehensive analysis aims to unpack the nuances of FTZs and OZs in Canada and the United States, delving into their evolving roles, emerging trends, challenges, and best practices, with an emphasis on supply chain excellence. NAVIGATING NEW FRONTIERS: TRENDS IN FOREIGN TRADE ZONES AND OPPORTUNITY ZONES LESSONS FROM CANADA AND U.S. FOR SUPPLY CHAIN EXCELLENCE COMPARATIVE ANALYSIS OF OPPORTUNITY ZONES AND FREE TRADE ZONES IN SUPPLY CHAIN MANAGEMENT Opportunity Zones (OZs) Economic revitalization of distressed areas through investment incentives. Designated economically distressed communities. Deferred or exempt federal taxes on capital gains for investments. Broad, including infrastructure, real estate, and local businesses. Free Trade Zones (FTZs) Facilitation of trade and commerce, especially for import/ export activities. Usually near ports, airports, or national borders. Exemption from certain local, state, and federal taxes. Primarily focused on trade-related activities, warehousing, and processing. Aspect Primary Objective Location Tax Incentives Investment Focus 68. FDI ALLIANCE INTERNATIONAL
Regulatory Benefits Economic Impact Typical Activities Duration of Benefits Stakeholders Supply Chain Impact Key Examples Preferential tax treatment, potential for expedited land entitlements. Revitalization of local communities, potential for job creation and development. Real estate development, business investments, community projects. Long-term investment focus, with benefits tied to length of investment (up to 10 years). Investors, local communities, developers, government entities. Indirect through infrastructure and local economic growth. Long Beach, California; Baltimore, Maryland; Birmingham, Alabama EMERGING TRENDS IN ZONE UTILIZATION The recent surge in digitalization, sustainability efforts, and advanced technology adoption is reshaping the utilization of FTZs and OZs. These zones are increasingly viewed not merely as tax havens but as innovation epicenters, particularly in logistics and supply chain management. The integration of Artificial Intelligence (AI), the Internet of Things (IoT), and blockchain is revolutionizing operations, enhancing efficiency, and promoting transparency. CASE STUDIES: HALIFAX AND LONG BEACH Halifax, NS: Navigating Global Trade – The Port of Halifax’s Transformation into a Premier Free Trade Zone • Overview: A paradigm of strategic location and advanced logistics, Halifax Port exemplifies how an FTZ can elevate supply chain efficiency. Key initiatives include sophisticated container tracking and automated systems, reducing turnaround times and enhancing cargo. Administered by the Halifax Port Authority (HPA), it is renowned for using the latest technologies to provide cost-efficient Relaxed customs regulations, streamlined procedures for imports/exports. Enhancement of international trade, supply chain efficiency, job creation. Storage, manufacturing, re-export of goods. Ongoing, as long as the business operates within the FTZ. Direct impact on logistics, warehousing, and distribution efficiency. Direct impact on logistics, warehousing, and distribution efficiency. Port of Halifax, Canada; Miami Free Zone, USA; ForeignTrade Zone 84, Houston, USA 69. FDI ALLIANCE INTERNATIONAL
and effective services. The port’s strategic positioning and efficient infrastructure have made it a preferred connection for trade routes to Europe, the Mediterranean, the Middle East, and Southeast Asia. • Operational Enhancements: The HPA operates two advanced container terminals, processing approximately 100,000 import containers annually. To improve service and address the high traffic, the HPA aimed to expedite the processing of inbound containers. This led to the development of a secure, password-protected area on their website for clients to access vital information. Additionally, they focused on reducing vessel and container dwell time. • Technological Advancements: The HPA implemented the Vessel Traffic Management System and the Container Dwell Time Management System (CDTMS) to enhance operational efficiency. These systems enable daily tracking, quick resolution of operational conflicts, and in-depth analysis of inbound container processing. The CDTMS, in particular, has improved the efficiency of handling containers by providing detailed information about their arrival and processing. • Competitive Advantage: The technological advancements and strategic location of the Port of Halifax have solidified its position in the global trade network, attracting over 20 direct liner services and establishing a reputation for fast and efficient ship turnarounds. Long Beach, CA: Revitalizing Communities – Unpacking the Impact of Opportunity Zones • Program Definition: This OZ showcases the transformative impact on local economies and supply chains. Investments in infrastructure and logistics have led to cutting-edge warehousing and distribution facilities, boosting employment and streamlining supply chain operations. The Qualified Opportunity Zone (QOZ) program in Long Beach is part of a federal initiative to stimulate investment in low-income communities by offering tax incentives on capital gains. There are 19 designated zones in Long Beach, presenting substantial benefits for both investors and the local community. • Investment and Urban Renewal: The QOZ program, created by the 2017 Tax Cut and Jobs Act, encourages investments in existing infrastructure, new construction, and local businesses. Investments held for a decade in these zones are exempt from federal capital gains tax. This program has been seen as a novel approach to urban renewal, attracting investments to areas that have previously lagged behind. • Development and Economic Impact: California Governor Gavin Newsom’s goal to construct 3.5 million new homes by 2025 aligns well with the potential of these zones. The Long Beach Economic Development Department actively promotes these zones, offering expedited land entitlement processes. This initiative has attracted attention from various investors and real estate firms, recognizing the potential tax relief and investment opportunities in these zones. • Tax Implications and Future Prospects: While federal taxes on capital gains can be deferred or exempted under the QOZ program, state taxes in California still apply. However, proposals are underway to align California’s approach with the federal program, particularly for investments in green technology and affordable housing. • Improvement and ROI: Unlike previous government programs, the QOZs are directly tied to the improvement of the area, creating 70. FDI ALLIANCE INTERNATIONAL
equity based on the performance of a business or property. As the neighborhoods improve, the return-on-investment increases, offering a compelling incentive for investors. BEST PRACTICES AND RECOMMENDATIONS The Port of Halifax’s focus on technological advancements and operational efficiency, and the Long Beach Opportunity Zones’ emphasis on investment incentives and urban renewal, showcase diverse yet effective strategies in achieving supply chain resilience and economic growth. These case studies from the Port of Halifax and Long Beach Opportunity Zones illustrate distinct approaches to leveraging specialized zones for economic development and supply chain excellence: • Efficient Customs Management: Streamlining customs procedures can significantly reduce delays and costs. • Tax Incentive Optimization: Fully leveraging tax advantages can substantially lower operational expenses. • Public-Private Collaborations: Partnerships are key in developing infrastructure and tech solutions. • Tech Integration: Utilizing AI, blockchain, and other technologies can vastly improve supply chain transparency and efficiency. • Insights for Economic Developers: These zones provide valuable lessons for economic developers: 1) Developing infrastructure tailored to modern supply chains; 2) Creating investor-friendly environments with clear policies; and 3) Emphasizing workforce development. CONCLUSION: CHALLENGES AND SOLUTIONS Despite their advantages, FTZs and OZs grapple with regulatory compliance and environmental concerns. Solutions include the Port of Halifax’s eco-friendly initiatives and Long Beach’s regulatory clarity and support systems for businesses. FTZs and OZs are set to play a more vital role in supply chain management. With shifting global trade patterns and rapid technological advancements, these zones provide a conducive environment for businesses to adapt and excel. Sustainability and digital transformation will likely be key drivers in their future evolution. As global trade continues to evolve, the importance of FTZs and OZs in fostering innovation, efficiency, and growth in the supply chain sector is increasingly evident, marking a new era in global trade and economic prosperity. ALIA ABBAS CEO/ FOUNDER, ALIA CONSULTING - ECONOMIC DEVELOPMENT FIRM [email protected] http://linkedin.com/in/s214 www.consultingwithalia.com 647-855-8143 71. FDI ALLIANCE INTERNATIONAL
Governor Shapiro believes that the commonwealth can partner with the private sector to promote robust economic growth, create and retain good jobs, and strengthen the middle class. The governor has turned around Pennsylvania’s economy, improving Pennsylvania’s business climate ranking more than any other state since 2014. Shapiro also requested an increase of £2m within his 2020–21 budget proposal for the purposes of the Workforce and Economic Development Network of Pennsylvania. Today, more than 5,100+ foreign-owned firms employing over 321,000+ workers have business operations in Pennsylvania. Countries leading in foreign investment include the United Kingdom, Germany, France, Japan, Switzerland, and Canada. We also have a growing number of Brazilian, Korean, Israeli, and Chinese firms growing here. The population of Pennsylvania has been nearly stable since reaching 10.5 million in 1950, having increased by only a few million in subsequent decades. Through the late 20th and early 21st centuries, the state’s annual population growth was less than 1 percent. The economy of Pennsylvania has evolved through three distinct eras since the time of the first settlement. From 1682 to about 1830 a rural agricultural economy dominated. From the 1830s to about 1920 Pennsylvania developed one of the world’s great industrial economies, based on the production of iron and steel, machinery, fabricated metals, leather, textiles, and apparel. Since the 1920s service activities have increased drastically and have come to dominate employment. Of the total workforce, only a tiny fraction is now employed in the primary sector. As a leader in cross - border projects, with the largest network of overseas offices of any U.S state, Pennsylvania is committed to breaking down barriers for businesses looking to relocate to this state. In Pennsylvania, manufacturing is in our blood. Our smoke and steel helped build well-known American landmarks like the Golden Gate Bridge, Empire State Building, and the Hoover Dam. Today, our industry strength is increasingly focused on advanced additive, high-tech, and digital strategies to meet the demands of modern businesses and consumers. Pennsylvania’s workforce is characterized by a special combination of education, experience, and curiosity, and is driven by our legendary can-do spirit. As a result, new technology is being discovered and developed every day. International companies in Pennsylvania employ over 330,000 U.S. workers. Approximately 115,000 of those jobs are in the manufacturing industry. With over 1,200 international companies in the Keystone State, global investment grows Pennsylvania’s economy. Pennsylvania has all of the essentials for a great life, prominent world-ranked universities, fulfilling careers, top-ranked health institutions, four seasons, and an amazing history. Living in Pennsylvania goes beyond work and home, it’s a way of life. It can be yours, too. GOVERNOR JOSH SHAPIRO STATE OF PENNSYLVANIA 72. FDI ALLIANCE INTERNATIONAL
CHOOSE ERIE: Wherever your business is going, you can get there from here ERIE COUNTY REDEVELOPMENT AUTHORITY Tina M. Mengine, Chief Executive Officer [email protected] 814.480.0337 x101 | www.ecrda.net 73. FDI ALLIANCE INTERNATIONAL
When it comes to hauling materials in or shipping goods out, every business knows that a strong logistics network is key. Savvy businesses look to set up shop in a place that has a logistics advantage – like proximity to interstate highways, rail and air. Even smarter businesses look for more logistics assets, like a bustling commercial port on the Great Lakes. And that’s why Erie, Pennsylvania is home to so many manufacturing businesses who need to connect with the world – because we can, and we make it look easy. BY LAND: INTERSTATES AND RAIL When it comes to logistics over land, Erie is a central point both in interstate highways and rail lines. Erie, located in the northwestern corner of Pennsylvania, on the shores of Lake Erie, is a central point of connection between the nation’s major interstates. With proximity to major metropolitan markets like Pittsburgh, Cleveland, and Buffalo, Erie offers easy links to large swaths of the U.S. population— including 5.4 million people in a 150-mile radius, and 80 percent of consumers in the continental United States within one day’s drive. And that’s just by road—Erie also boasts both freight and passenger railroads. It only makes sense—rail has long been a key industry in Erie, where generations of local workers designed and built locomotives in the historic home of General Electric’s rail division. That work continues today, now under the mantle of Wabtec, where a new generation of workers are engineering and constructing innovative equipment for rail, mining, drilling, and wind turbine industries. Erie’s freight rail service includes CSX Corporation and Norfolk Southern, in addition to several short-line railroads. For business and recreational travelers, Amtrack provides passenger rail service to Chicago and New York City. BY AIR: CARGO CONNECTIONS Erie’s two airports serve both businesses, through cargo shipments, and business travelers. Erie International Airport, the major airport serving the region, is situated near the major interstate highways. The airport offers 7,500 feet of runway, and in 2022 it saw more than 202,000 pounds of cargo offloaded. 74. FDI ALLIANCE INTERNATIONAL
Even more advantageous: Erie International is one of two foreign-trade zones in northwestern Pennsylvania, allowing companies to reduce or eliminate duty on imports and take advantage of other opportunities to improve supply chain efficiencies and increase their opportunities in a global marketplace. Elsewhere in Erie County, the regional Corry Lawrence Airport, a business class airport, offers a 4,100-foot runway and hangar space. BY SEA: GREAT LAKES AND BEYOND Erie’s Port has a rich and active commercial maritime industry that offers immediate opportunities not found in many places. Located in the natural harbor of Presque Isle Bay, the Port of Erie is the regions import and export link to the world through the St. Lawrence Seaway. Like Erie International Airport, the port’s proximity to interstate highways and rail makes it an advantageous shipping option for businesses. It is also home to northwestern Pennsylvania’s second foreign-trade zone. In addition to the foreign-trade zone, the port is part of a federal Opportunity Zone, providing tax incentives to businesses there. With a full-service shipyard, warehouse space, deep draft dock face, and the largest dry-dock and crane on the Great Lakes, the Port of Erie easily handles all manner of cargo—from Lake Erie sand to heavy machinery, including massive 244-foot-long, 26-ton wind turbines, delivered in 2022. Much of that business—including the wind turbines—came through the Carmeuse Erie Dock Operations. What began more than 130 years ago as a sand and gravel company is now a bustling port terminal, part of the Carmeuse shipping network with ports across the Great Lakes and around the world. In 2021, vessels delivered more than 780,000 tons of goods and materials—or about 29,000 20-ton truckloads—at the Carmeuse terminal in Erie. Poised to help your business navigate the logistics of moving cargo on the water is a team of dedicated and skilled professionals at the Erie Western Port Authority (porterie.org). LOGISTICS EXPERTISE YOU NEED Given Erie’s wealth of logistics assets, it’s no wonder that the city also boasts a global leader in transportation and supply chain solutions: Logistics Plus. The company got its start less than 30 years ago, serving the rail industry—when company founder and CEO Jim Berlin was tasked by what was then GE to manage vendor routings for its rail division in Erie. Today, Berlin has grown that fledgling operation into a 21st-century global company for transportation, warehousing, fulfillment, logistics, business intelligence, technology, and supply chain solutions, with locations in more than 50 countries. With annual global sales of over half a billion dollars, Logistics Plus is among the fastestgrowing logistics companies and is ranked among Transport Topics’ top 100 North American third-party logistics providers. The company operates more than 8 million square feet of warehouse space, not just in its dozens of locations across the United States but also globally. Annually, the company manages over 12 million tons of airfreight worldwide, more than 75,000 twenty-foot shipping container equivalent units globally, and more than 600,000 parcels, LTL, and truckload shipments across North America. But as a leader in business intelligence and technology, as well as shipping, Logistics Plus also prides itself on being nimble and creative in implementing digital solutions to meet the needs of customers—including data dashboards, proprietary mobile apps, and custom cloud-based portals. It’s that commitment to customer needs that sets Logistics Plus apart, and makes it a unique asset for businesses in Erie. logisticsplus.com SUPPORT FOR YOUR SUCCESS No matter what your business, Erie, Pennsylvania is the ideal location to manufacture, distribute and ship to any location in the world. We promise you, wherever your business is going you can get there from here. TINA M. MENGINE Chief Executive Officer Erie County Redevelopment Authority M 1314 Griswold Plaza - Erie, PA 16501 N 814.480.0337 x 101 (o) 814.434.9532 (m) E [email protected] D ecrda.net 75. FDI ALLIANCE INTERNATIONAL
Conducting Site Selection Analysis for our portfolio of clients brings many different variables to the analysis. As Site Selectors, we must analyze labor costs, utility costs, transportation costs, real estate costs, quality of life attributes and other variables for our clients to be successful in locating in your community. Today, we will focus on the real estate portion of the Site Selection process, which also brings aspects of utility costs, transportation costs, quality of life and other attributes into the full analysis to make these projects successful. Does your community have these attributes or inventories to make your community successful for the client? CERTIFIED SITES -“SHOVEL READY SITES” Certified Site are crucial to the Site Selection process during the real estate analysis. Some clients need buildings, others need green field space for their new operations. Certified Sites or as some refer to a piece of property as “Shovel Ready” come in all forms across the country. Certified Sites are the beginning of the process of having a plan in place within the community to have a site prepared for the specific clients. Traveling around the country and learning about different state programs have amazed us with their current Certified Sites Programs. Many states have different criteria for what they consider a Certified Site. It is important, as a Site Selector, to understand what those criteria’s are in each state. One of the best Certified Sites programs we have come across is in the State of Tennessee. It is called the Select Tennessee Program. The State Program took almost a full year to determine the criteria for their program, but we think it covers most of the topics related to the Site Selection process. The program looks at environmental issues, endangered species issues, archaeological issues, and wetland issues. If these issues are exposed on the specific site, the community has an action plan to remediate the issues and begin working on them before the site is certified. The program also has very strict rules in place to make sure that all utilities (water, wastewater, telecommunication, natural gas and electricity) are within 100 feet of the site. These are strict rules, but it allows a true picture of what the site has to offer and provides the backup information that we as Site Selectors need to qualify the site is shovel ready. These criteria are continued certified for only three years, allowing for anything new to arise in three years, to be addressed to be recertified again by the State. The State also offers additional benefits to properties that have the infrastructure in place such as: rail, paved roads to the site, curb and gutter to the site, lighting along the road, dual connectivity for electricity and telecommunication connectivity. Another example is the State of Oklahoma Certified Site Program. It is not nearly as detailed as the State of Tennessee, but it is the beginning of the process, which allows the Site Selector to understand the criteria that the State qualifies a certified site and allows the Site Selector to be able to explain to the client the criteria set by the State. Some argue that certified sites are not a valuable tool, however, we believe that whatever your program is, whether it has exceptional details like the State of Tennessee or is a plan like the State of Oklahoma, at least it is a “plan of action” and it is a “starting point” for the Site Selector to be able to do the analysis. Some States do not have a Certified Site Program in place, and that is the first sign that the State is not getting an action plan in place for their green field sites. It also displays that the State or the INFRASTRUCTURE TO ENHANCE YOUR COMMUNITY - CERTIFIED SITES & BUILDINGS 76. FDI ALLIANCE INTERNATIONAL
they are bypassed to other communities that can accommodate the need of the client. In this edition of the infrastructure needs for communities to thrive to enhance their economic diversification within their community. Communities need infrastructure including water, wastewater, electricity, roads, telecommunications, natural gas, and many other requirements to provide the minimum requirements for many industries to thrive. Having Certified Sites and Buildings is part of the infrastructure needs that Site Selectors clients’ need for a location to take place. Whether you are attracting retail, manufacturing or other types of industries, a community needs to have a plan in place to show a client how a community is working to make these goals happen. Usually these are through urban planning plans or other types of documents. However, if the Certified Sites and/or Certified Buildings have their own specific Plans, these are simply easy to attach to your Request for Information (RFI) that a Site Selector requests in an initial request. We believe that all Programs are not the same throughout the country, but if you have a plan of action and these sites or buildings are documented with specific information for the client, you will have a better chance of landing a project versus not even getting a chance to showcase your State or you community. community is not being proactive in their marketing and action to be a pro-development area. CERTIFIED BUILDINGS A community or State can work on having Certified Buildings programs. These programs help to enhance the availability of a building that is ready to move into. These Programs are sometimes difficult to create because a Certified Building is ready to go and must be readily available for specific industries. As an example, in the contact call center solutions industry or BPO, these buildings are tagged as “Plug and Play”. This means that the floor plate of a building or a building that is a “stand alone” building is ready for a Customer Contact Center to move in. Many communities promote this by having a building that has the required infrastructure ready for the tenant. This includes: dual and/or redundant electricity and telecommunication infrastructure in the building. The building could have space for day-care needs, a gym and a cafeteria for the employees to be able to take their breaks and have lunch or dinner at the site. This saves the company and the employees time to get fed, but they do not have to leave the premises to get food. Employers like this, as it adds benefits to the employees for longevity of the workforce. Another example of a Certified Building could include the “Food Processing Certified Building”. These properties would include the water and wastewater treatment capacity for the client. These buildings could be FDA approved for abattoir or could be used for agricultural produce or cheese manufactures. Again, these facilities have the required electricity capacity and are turn-key for the tenant. A final example could be a building that has clean room space/building and is ready for the bio industry. There is ample natural gas and other specific gases to produce pharmaceuticals for the building. There are many communities that have these types of buildings as an incubator building, but typically these incubator spaces do not have the adequate floor plan for larger manufacturers to take advantage of the smaller buildings and If you would like more information about how to prepare these Certified Programs, always feel free to reach out to us and we will be happy to guide you through the specific process. 602-621-0576 [email protected] www.globalsiteselectors.com C. PAIGE WEBSTER, CECD PRESIDENT, WEBSTER GLOBAL SITE SELECTORS 77. FDI ALLIANCE INTERNATIONAL
South Carolina is a southeastern U.S. state known for its shoreline of subtropical beaches and marsh like sea islands. Coastal Charleston is a historic city, defined by pastel-colored houses, Old South plantations and Fort Sumter, where the Civil War’s opening shots were fired. To the north is the Grand Strand, a roughly 60-mile stretch of beachfront known for golf courses and the vacation town Myrtle Beach. Quality of Life Appreciating a beautiful day is a favorite South Carolina past time and it is beautiful most all the time. From the natural landscapes to worldrenowned events. Steeped in history and tradition, South Carolina offers a low cost of living and unparalleled access to the US and travel abroad. People from around the world have recognized what our state has to offer— tourism brings in $19 billion per year. Geography From the foothills of the Appalachian Mountains to the 187 miles of Atlantic Ocean coastline, residents and visitors enjoy the outdoors, including leisure activities on the many rivers and lakes throughout the state. Climate Our location on the eastern seaboard means warm summers and mild winters. South Carolinians enjoy outdoor activities year-round and businesses experience few weather-related interruptions. Recreation South Carolina works hard, but also appreciate how to enjoy the moment. To some, that’s a memorable fishing excursion; to others, it’s a rejuvenating bike ride on the beach. Whether it’s the iconic Myrtle Beach Grand Strand, the whitesand shores of Hunting Island or the Lowcountry’s Kiawah Island Resort, South Carolina beaches compose a landscape of unmatched beauty. Fortyseven state parks, 14 major lakes and reservoirs and more than 360 golf courses, South Carolina provides a diverse outdoor experience. South Carolina has a highly reliable world class Communications Network. This network is designed and engineered to meet the requirements of industry for wireless, highspeed internet and voice service. Our state is also home to many leaving computer-related companies. The ability to work with local experts in the design, maintenance and outsourcing of integrated computer systems is a necessity for many businesses. South Carolina is a right-to-work state. It has a low unionization rate of only 2.6%. Therefore, making this the lowest ranking in the US. The state’s unionization rate for the private sector is only 1.5%. South Carolina makes an ideal location for any business due to it’s strong tourism, railroad transportation and shipping logistics services. Other assets include, low energy costs with multiple energy sources, knowledge based economy, communications network and work force services. GOVERNOR HENRY MCMASTER STATE OF SOUTH CAROLINA 78. FDI ALLIANCE INTERNATIONAL
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Located in the beautiful state of South Carolina, Horry County is not only renowned for its stunning beaches and thriving tourism industry but also for its rapidly growing industrial parks. With an abundance of opportunities and a business-friendly environment, Horry County has become a preferred destination for businesses looking to establish a strong presence in the region. Horry County offers a variety of well-developed industrial parks that cater to a wide range of industries. These parks are equipped with state-of-the-art facilities and a comprehensive infrastructure network, making them an ideal choice for businesses of all sizes. The strategic location of these parks provides easy access to major highways, railways, and ports, facilitating efficient transportation and logistics operations. One of the key advantages of setting up in Horry County is the strong support and collaboration from the local government and the Myrtle Beach Regional Economic Development Corporation (MBREDC). These entities actively work with businesses to provide incentives, streamline permitting processes, and access to a skilled workforce. The county is committed to fostering an environment that nurtures growth and innovation, making it an appealing destination for companies seeking expansion or relocation. 80. FDI ALLIANCE INTERNATIONAL
In addition to the favorable business climate, Horry County boasts a high quality of life, affordable living costs, and an attractive pool of talent from local universities and technical colleges. The presence of major universities, research institutions, and a diverse workforce ensures that businesses have access to a skilled labor pool, driving innovation and productivity. Horry County's industrial parks have witnessed significant growth and expansion over the years, attracting a diverse range of industries such as manufacturing, distribution, logistics, technology, and healthcare. The parks offer a range of amenities such as flexible office spaces, modern warehouses, and advanced communication infrastructure to meet the evolving needs of businesses. As Horry County continues to flourish as a hub for industries, the local community benefits from increased job opportunities, infrastructure development, and economic growth. The county's commitment to sustainable development ensures that businesses thrive while preserving the natural beauty of the region. Horry County's industrial parks offer an exceptional platform for businesses to establish and grow their operations. With its strategic location, supportive business environment, and talented workforce, Horry County is poised to become a premier destination for companies seeking a competitive edge and long-term success. If your company is interested in exploring the opportunities available in Horry County, contact the Myrtle Beach Regional Economic Development Corporation (MBREDC) at www.mbredc.org or Sandy Davis, President & CEO [email protected] SANDY DAVIS President & CEO Myrtle Beach Regional Economic Development Corporation M P.O. Box 261966 Conway, SC 29528-6066 N (843) 347-4604 E [email protected] D www.mbredc.org 81. FDI ALLIANCE INTERNATIONAL
How are you effectively tackling these issues in your workplace or those in your community? Which one(s) resonate most with you? Recently, I hosted an event called Live2Lead. Over seventy community leaders decided it was important enough to be a part of this event in central Wisconsin. LIVE2LEAD DEVELOPS COLLABORATION AND TRUSTING TEAMS The speakers at the event included John C. Maxwell, Marcus Buckingham, Ryan Leak, and Kendra Scott. Hopefully, you can find some of their books at your local bookstores. They are all international leadership thought leaders. Each presented their unique view of leadership, company culture, collaboration and how to build trusting teams. Below are just a few of my favorite nuggets from what they said: John C. Maxwell: “There is a difference between disagreement and disrespect”. Marcus Buckingham: “Love is the most important force in business because it drives human behavior”. Ryan Leak: “Chasing failure can take you further than chasing success ever could”. Kendra Scott: “Failure is an option if we live, learn, and grow from it”. John C. Maxwell: “Certainties have to be tested before they can be trusted”. Imagine how much different our communities and world would be if we lived by just one of these nuggets, much less all five, plus all the others that were shared at that event. How many of these workplace issues can you relate to? 1. Nobody knows what’s going on 2. Change is hard 3. Toxicity 4. Lack of Compassion, Purpose, Passion 5. Not feeling valued or supported 6. Burnout due to lack of engagement 7. Silos, drama, & barriers 8. Authenticity not encouraged 9. Generations not respecting each other 10. Disconnect with leadership 11. Stressed out employees not being heard 12. Lack of a “roll-up-your-sleeves” work ethic 82. FDI ALLIANCE INTERNATIONAL
Love and failure were common themes among the speakers. Those are two things we often don’t hear a lot about in the workplace. But as Buckingham says, love drives behavior. The best learning takes place after failure. Have you ever tried to teach a sports team how to improve after they’ve just won a game. I’ve coached all levels of basketball, and it isn’t easy! Imagine how businesses and communities could tackle the talent issue in a collaborative teamwork environment if they focused on what was shared in Live2Lead. You could still be a part of Live2Lead by having a private rebroadcast event in your company or organization. Just reach out to me! Are all these issues connected to company culture? Could it be a leadership challenge, too? Are employees more focused on titles rather than building a trusting team that truly understands communication? When you go to a business and can’t find someone to help you locate something or go to a restaurant and can’t get a refill, that’s OUR problem. No need to get mad at the business and post some silliness about their service on social media. We have all put ourselves in this untenable situation. One of my favorites is walking into a restaurant with a waiting line yet there are numerous open tables. The issue, of course, is nobody to work those tables. WE need to address the talent challenge problem as either a community and/or region and/or state and/or country. Talent is a real and more visible challenge than ever. The sad thing is we knew this would happen fifteen years ago, or maybe longer. 83. FDI ALLIANCE INTERNATIONAL
Why has company culture deteriorated, and employees go elsewhere? Why can’t businesses retain and attract employees? Not having enough employees doesn’t only impact the speed at which we find something in a store or get an answer on the phone or get our drink refilled, but it also impacts our parks, schools, water quality, production and so many other issues. Our tax base is impacted by fewer employees, which impacts all these aspects of our community and more. And as site developers and economic development strategists, how can you offer a business to your community if the talent isn’t staying or even there? More talent means more revenue. That’s true for business and government. Government is not THE answer, however. Recently, the Wisconsin Secretary of the Department of Revenue, and three staff offered a roundtable discussion. During the Q&A, several questions came up as to what the state was going to do to solve the problem. If the state solves the problem, which I don’t believe they can, then they own the problem. That is a scary thought. It needs to be a collaborative approach; government, community, education, business, and non-profits together finding a solution. Government can’t address company culture, leadership, and our talent challenge alone. In my roles, I see a lot of cooperation in our communities. Quite honestly, I don’t see a lot of collaboration. Collaboration is where meaningful, sustainable change takes place through people engaging. With all the work I do in company culture and leadership, I know that personalities come into play. Those same personalities are the problem and the solution. We can achieve collaboration and we must be intentional about it. 84. FDI ALLIANCE INTERNATIONAL
[email protected] 715-498-4979 toddkuckkahn.com Todd Kuckkahn’s passion for leadership and culture earned him an independent speaker, coach, teacher, and trainer certification with (John C.) Maxwell Leadership. He is both DISC and DEI (diversity, equity, and inclusion) certified. Todd has served education, non-profits, government, and the business community. TODD KUCKKAHN Every day that our communities intentionally choose not to collaborate, other communities are passing us by. I know yours is awesome, but others are getting “awesomer” and smarter and prioritizing this business challenge. They are relying on collaboration. They are relying on tools like Live2Lead to tackle the talent challenges. Here’s the difference. When you cooperate, you sit around the table and share what is going on and people nod their heads like those bobbleheads, and then leave the room and go back to what they were doing before. Collaborators effectively communicate and actively listen. They take responsibility. They seek and find common ground by paying attention to the needs of others. Inclusivity is more than a keyword on a website. Collaborators are even willing to apologize, sometimes when they don’t even need to do it. The language they use is positive and gossip before or after the meeting is not tolerated. That builds trust. That allows for constructive conflict. That builds company culture. How do we move forward? In days of yore, the Knights got around the roundtable. Native American leaders got around a fire. In the past, neighbors got around the grill or kids’ sprinkler. That’s a start, but then we must collaborate. Collaborate through masterminds. I’ve heard the mantra that talk is cheap. Lack of talk is expensive. You’ve got a lot of great minds in your community. Those same great minds need to put their personalities aside and get around something to address this issue. I know this sounds like the sky is falling but wouldn’t it be worse to look back and say, dang, we should have done something. Why not plan and it never happens (although it is right now) rather than not plan and the worst happens. How are you addressing the talent challenge in your business or community and building company culture? 85. FDI ALLIANCE INTERNATIONAL
Texas is known as the Lone Star State and it is the second largest state within the United States. It shares borders with the states of Louisiana, Arkansas, Oklahoma and New Mexico. The Governor of this state is Greg Abbott. Texans in general are very friendly people. Their state motto is “Friendship.” The culture here is very diversified with a strong mexican influence or Hispanic-American culture. Austin is the capital, and it’s the second most populous state capital in the US. The largest city in Texas is Houston, with San Antonio being the second largest. Other metropolitan cities include Dallas and Fort Worth. Many Fortune 500 companies are making Texas their home. Such companies include AT&T, Dell, American Airlines, Southwest Airlines, Sysco, Waste Management, ExxonMobil, Whole Foods and a host of other major brands. There are several reasons why the Lone Star State is ideal for business. The state’s low taxes and friendly regulatory structure has ranked Texas as one of the best states for business. A skilled workforce, stable business climate and excellent transportation infrastructure are reasons why there is a rapid job growth. There are low unemployment rates as well. The central location of Texas provides timely access to domestic and global markets. This state-ofthe-art transportation network uses air, land and sea. There are 382 airports throughout Texas. Fort Worth’s Alliance Airport is one of highest capacity industrial airports in the state. Boasting more miles of public roads and freight rail than any other state. Using sea transport, there are 16 seaports including 11 deep water ports. This is why Texas is built for global trade. There is no corporate or personal income tax at the state level. This provides a very competitive advantage. What this means for businesses, is you don’t have to pay any tax on the money you make through your startup company. This can benefit companies by looking for more competitive talent. There is also a low business tax rate that can be lower depending on the type of business you own. In Texas, if the revenue of your startup company does not exceed a specific threshold, then you will be able to have zero business tax. They have committed to maintaining its position as the best state for business and passed legislation providing over $4 billion in tax relief for businesses. There are several sales tax exemptions for manufacturing machinery and equipment as well as software. There is a franchise tax exemption for manufacturers, sellers or installers of solar energy devices. Another advantage is the Texas Enterprise Fund (TEF). This is a cash grant that is provided to projects that promise significant job creation as well as capital investment. There are a few other programs managed by the Texas Workforce Commission. These programs include Texas Enterprise Zone Program, the Skills Development and Self-Sufficiency fund as well as other local incentives such as tax abatements. Land in Texas typically cost about 40% less than the national average. This creates less costs to build a business. There are also low costs for healthcare, utilities, food and rent. Electricity is typically cheaper because Texas has its own power grid. A high quality of life for employees is another important factor when determining a location for your business. The gulf coast has well over 3,000 miles of shoreline creating year-round leisure activities. Austin has more live music venues than anywhere else in the nation. Such an attractive climate can bring talent from cooler climates. With the lack of income tax as well as a thriving economy, Texas continues to be an attractive location for businesses. GOVERNOR GREG ABBOTT STATE OF TEXAS 86. FDI ALLIANCE INTERNATIONAL
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Tomball’s premier location, focused vision, and commitment to connectivity make it a well-rounded home for business investment. Just 30 minutes from Houston, Tomball businesses participate in one of the world’s strongest economic engines. Combined with a vibrant culture and modern amenities, Tomball’s accessibility is a dominant driver for economic success and places it at the forefront for new development. Investments in infrastructure improvements highlight Tomball’s commitment to economic success. Local leaders have partnered to deliver a strong system of state highways and local roads that successfully move people and product. Tomball Parkway and Grand Parkway, both recently expanded, intersect Tomball to deliver desired mobility for business leaders. Connectors between the two are actively being completed to further reduce congestion and transportation times. Several significant road extensions within Tomball create easier traversing within city limits. Showcasing Tomball’s access to multimodal transportation is its proximity to major airports and seaports. George Bush International Airport (IAH), less than half an hour from Tomball, features nearly 30 airlines and nonstop service to more than 175 destinations worldwide. Private flyers will find convenience at Hooks Airport, which provides chartered flights and fixed-based operator (FBO) services just minutes from Tomball. Port Houston, one of the country’s largest and busiest ports, has direct access to Tomball via the region’s expansive highway network or via Burlington Northern Santa Fe (BNSF) Railway. Tomball’s enhanced infrastructure is paving the way for economic investment. The Tomball Parkway and Grand Parkway nexus is a hub for much of this development. Lovett Industrial’s Interchange 249 offers more than three million square feet of class A industrial and retail. Macy’s, Inc operates a 900,000 square-foot distribution center with several more tenants on the way. Adjacent to Interchange 249, NewQuest Properties’ 65- acre The Grand at 249 is under development with more than 400,000 square feet of retail. The project plans to welcome tenants in 2024. Brand new developments are not the only signs of success in Tomball. The Tomball Business & Technology Park, operated by the Tomball Economic Development Corporation (TEDC), stands out with its diverse group of businesses. Recognized as a top ten industrial park in the nation, the Tomball Business & Technology Park capitalizes on its access to infrastructure and amenities to achieve success. Another of the Park’s defining attributes is the amount of foreign investment located within the park. Companies from Canada and Europe run successful U.S. operations from Tomball showcasing the location’s ability to connect with the world economy. The TEDC recently closed on the final available lot in the Park highlighting the desirability of Tomball. South Live Oak Business Park, another TEDC-owned site, is being designed as a master-planned, mixed-use development in the heart of Tomball. The 6.2-acre site will transform a pair of warehouses totaling more than 41,000 square feet into a retail and hospitality destination with ideal proximity to Old Town Tomball. Old Town is Tomball’s cultural center, embodying the city’s small-town charm. The district is a hub for festivals, live music, and retail. TEDC’s annual work plan includes a strategic goal to bring infrastructure and investment to an already thriving Old Town. Significant investments supported by TEDC, such as redesigned alleyways, improved outdoor spaces and road improvements, are underway in Old Town to improve connectivity and further commercial growth. 88. FDI ALLIANCE INTERNATIONAL
Alongside infrastructure and culture, Tomball offers a robust incentive program to assist prospective businesses. Qualified expanding, new, or relocating companies can apply for financial assistance from the TEDC in the form of cash grants for projects that create or retain jobs. The TEDC also assists to offset the cost of infrastructure, such as streets and roads; sewer, gas, and electric utilities; and site improvements. The TEDC also operates the Business Improvement Grant (BIG) and Façade Improvement Grant (FIG) program. BIG is a matching grant program that helps property owners and businesses with improvements to buildings and property throughout Tomball. FIG provides matching grants to assist significant renovations in the Old Town Business District. The City of Tomball deploys a tax abatement program to stimulate economic growth. Reviewed on a case-by-case basis, the City’s abatements can be for up to 100% for up to 10 years. The State of Texas utilizes the Texas Enterprise Zone Program and the Texas Enterprise Fund to invest in new and existing businesses. Business investment requires quality employees and Tomball is creating a strong talent pipeline to fill jobs available now and in the future. A vital TEDC strategic initiative creates programs with partners to develop this qualified workforce. Key stakeholders, such as Tomball Independent School District (TISD) and Lone Star College-Tomball (LSCTomball), collaborate to ensure that the proper training is being offered to meet modern jobs in Tomball. This collaboration is on display with the creation of TISD’s Early College High School for Pathways in Technology (P-TECH). P-TECH is a unique collaboration between HCA Houston Healthcare Tomball, TISD, and LSC-Tomball to deliver a more robust local healthcare workforce. This innovative program allows rising ninth graders to pursue a pathway in healthcare that blends high school and the first two years of college for a more rapid ascent into healthcare jobs. Students enrolled in the P-TECH program work toward a community college associate degree while gaining hands-on work experience. The work-based learning allows students to obtain industrybased certifications. Tomball’s investment in healthcare improves the quality of life for its residents, offering an even stronger appeal to investing businesses. Tomball’s continuous investment in the development of people and business has led to a rapid population increase. Population within Tomball is projected to grow from around 12,000 to more than 20,000 by 2030. Population within 10 miles is likely to surpass 650,000 by next year. Thousands of newly constructed homesites are ready or coming online to accommodate demand. The welcoming, vibrant culture of Tomball mixes ideally with the new faces and businesses moving to Tomball. Tomball’s strong connectivity to the rest of the world is driving commerce. As Tomball continues to invest in infrastructure and its business climate, it will continue to attract world-class companies who want to tap into all Tomball offers. Learn more at https://tomballtxedc.org/. KELLY VIOLETTE CECD, PCED, AICP EXECUTIVE DIRECTOR M 29201 Quinn Road, Suite B Tomball, TX 77375 N (281) 401-4086 (281) 351-7223 e [email protected] d tomballtxedc.org 89. FDI ALLIANCE INTERNATIONAL
Located on the Gulf of Mexico on Interstate 45 between Galveston and the diverse mecca of the Houston Metro area, the City of Dickinson in Galveston County is centrally located where headquarters and logistic offices can have all the benefits associated with the Houston MSA but without suffering prohibitive costs and congested traffic that occurs in our sister city. People and businesses who choose Dickinson have chosen us because we have the necessary infrastructure available to attract new or expanded developments in a semi-rural setting that allows you to operate in Dickinson without the pressures found in large cities. Dickinson prides itself as a forested community with a unique charm on the outskirts of the sprawling bigger cities. As a ten-square mile community, Dickinson is collaborating with our developer and business community to make certain that every square foot of our city will be developed to the highest and best use while maintaining our unique charm and the reason businesses desire to locate in Dickinson. There are not many cities where one can boat up a navigable waterway that runs for seven miles through the middle of the city, fish, live on a waterfront property with access to the Gulf or have a herd of deer wander across your yard. How many similar cities do you know that have multiple national sporting events nearby, eat at some of the best food venues in the Nation, within minutes go deep water fishing, or have access to two international airports? Where else can you live or locate your business in an area among one of the most-highly educated and diverse workforces in the world with disposable income due to the high paying jobs within the ten counties of the Houston MSA. One city that has this ability, where I encourage you to locate your business in the future, is the City of Dickinson. The Houston MSA, with a population larger than many countries, is growing with new residents moving to our ten counites daily. But, unlike other cities that can expand, Dickinson is taking a more targeted approach to its population and business attraction. Dickinson is fortunate to be able to strategically target high-end developments such as regional and national logistics and data headquarters that do not want to pay a premium price but retain all the amenities and benefits as we 90. FDI ALLIANCE INTERNATIONAL
are minutes away from world-class medical, international travel, education, entertainment, and industry. As our diverse communities grow with new industries and population from all over the world, our continued investment in our infrastructure by improving and expanding our road systems has allowed Dickinson to attract businesses to our community. Recently, the Texas Department of Transportation announced funding for the Grand Parkway (State Route 99), the third loop around Houston through Galveston County just north of our city limits connecting to Interstate 45 and Highway 3 both of which runs through Dickinson effectively opening more opportunities for our city. Both Interstate 45 and FM-517, two major transportation corridors through Dickinson, are in the process of being widened that will reduce the time for the transportation of goods and services. Part of our infrastructure improvements that offices and companies need to be competitive require high speed internet. Frontier Communications, located in downtown Dickinson, has installed fiber optic communication lines in our neighborhoods and business corridors that will allow your business to connect with speeds up to 5 Gigabytes to improve the business demands that face our businesses in the global economy. Dickinson is not an industrial city unlike our neighboring communities. Dickinson is focusing on attracting business parks on FM-646 and other areas of Dickinson that are connected to our major transportation corridors allowing you to transport your physical product on Interstate 45, to intermodal rail yards, two international airports, the Port of Houston, or Port of Galveston. Dickinson’s goal is to entice qualified and quality businesses by assisting developers and business owners to build multi-storied mixed-use developments and business parks with incentives and processes that will be mutually beneficial for all. We know that your business may need assistance. To assist developers and businesses to be successful in Dickinson, the city has made efforts to improve the way we do business. Dickinson and its citizens worked together planning for its future by making its development road map easier and more efficient for companies to apply, obtain their permits faster, build, and open their business sooner because Dickinson desires a win-win for you and our citizens. As the saying goes “Time is Money.” Dickinson has updated our Comprehensive Plan, adopted an Economic Development Strategic Plan, recently adopted its first Master Parks Plan, and is working to complete our Zoning, Unified Development Codes, and Downtown plans. In 2022, the City of Dickinson approved two separate Tax Increment Finance (TIF) mechanisms. First at the Interstate 45 and FM517 crossroads and second in the Downtown at the Highway 3 and FM-517 crossroads that is intended to help businesses and office complexes offset their development costs in locating in these areas. This effort has helped attract firms currently in the planning stages, which can benefit from the TIF, if they qualify. Finding the right location can be a challenge especially in communities that are older, more established, or rural as the property that may be of interest to the business tends to be owned by multiple family owners, especially if once agricultural or farm use. The City of Dickinson’s Economic Development Corporation (DEDC) is making it easier for developers and business owners to locate their future developments in the city as we are working with the property owners in either acquiring the property or working with the property ownership, obtaining their approval ahead of time. If your business would like to purchase the property, you have one entity to work with making the location decision easier. Although this is not necessarily a monetary incentive, it is a time saving incentive as it helps provide a one-stop-shop that can lead to a cost savings and opening of your business or development sooner than if you had to assemble the property on your own. Dickinson is creating the means for new innovative development to open in Dickinson such as SkyH20 that mines water out of atmosphere, for water resiliency, which will set us apart from cities in the Houston MSA to become a destination. In collaboration with Dickinson, they will create a first-class water manufacturing and distribution plant in 2024 that will have direct access to I-45 to supply water in the Houston MSA. Naturally, Dickinson has been investing in its future by working to improve its processes, upgrade our transportation corridors, communication infrastructure, and working with property owners to consolidate ownership representation. I invite you to explore Dickinson and prove to yourself that we are the right place, right now with the best location for your businesses and your family. Courtland Holman Executive Director Dickinson Economic Development Corporation M 1621 FM 517 Road East, Suite A Dickinson, TX 77539 N 281-337-6105 832-205-1294 E [email protected] d www.ci.dickinson.tx.us 91. FDI ALLIANCE INTERNATIONAL
Texas, the Lone Star State, is a beacon of business expansion and investment opportunities. With its strategic location, state-of-the-art infrastructure, and business-friendly environment, Texas is not just a gateway to the United States but a global hub for commerce and innovation. The Texas Economic Development Connection (#TexasEDConnection) is streamlining the process for businesses worldwide to tap into these opportunities. INFRASTRUCTURE IN TEXAS: A FOUNDATION FOR SUCCESS Texas boasts a robust infrastructure that serves as the backbone for thriving businesses. The state has invested heavily in cutting-edge facilities and technology, ensuring businesses have the support they need to operate efficiently and effectively. From high-speed internet to state-ofthe-art manufacturing hubs, Texas’s infrastructure is designed to meet the demands of modern business. RECENT DEVELOPMENTS AND INVESTMENTS Texas’s infrastructure is not just robust; it’s dynamically evolving. Recent developments highlight the state’s commitment to maintaining and enhancing its infrastructure to support business growth and economic development. 1. Federal Funding Boost: Texas is set to receive approximately $35.44 billion over five years as part of the federal infrastructure plan. This funding will enhance roads, bridges, pipes, ports, and broadband access, bolstering the state’s core infrastructure. 2. Dallas-Fort Worth Highway Projects: An infusion of $13.9 billion in infrastructure money will significantly upgrade highway projects in the Dallas-Fort Worth area. Projects will improve DART rail stations, enhance pedestrian access, and improve transportation efficiency in the DFW region. 3. Water and Broadband Infrastructure: Texas has been awarded $3.3 billion from the Infrastructure and Jobs Act, focusing on water and broadband infrastructure. This investment is crucial in modernizing the state’s digital and water management capabilities, ensuring resilience and sustainability. 4. Record Transportation Investment: Governor Greg Abbott announced a $142 billion total investment in Texas’ transportation infrastructure. This funding underlines the state’s commitment to enhancing its transportation networks, which are crucial for business logistics and supply chain management. 5. Roadway and Airport Expansion: Texas invests $83 billion over ten years in new state roadway projects. Additionally, the state boasts over 380 airports, including six heliports and 26 commercial airports, which are vital in facilitating business travel and cargo transport. IMPLICATIONS FOR BUSINESSES These substantial investments and developments in Texas’s infrastructure have significant implications for businesses: • Enhanced Connectivity: Upgraded roads, bridges, and transportation networks mean better connectivity within the state and to national and international markets. • Improved Logistics and Supply Chain: The expansion of transport infrastructure, including airports and intermodal facilities, streamlines logistics and supply chain operations, crucial for manufacturing and distribution businesses. • Digital and Water Infrastructure: Investments in broadband and water infrastructure ensure businesses have access to essential resources and modern digital connectivity, fostering innovation and operational efficiency. MULTIMODAL ACCESS TO THE WORLD UNLOCKING BUSINESS POTENTIAL IN TEXAS 92. FDI ALLIANCE INTERNATIONAL
• Attracting Foreign Investment: The continuous improvement and expansion of infrastructure make Texas an even more attractive destination for foreign direct investment, particularly for companies looking to establish or expand their presence in the U.S. The ongoing investments and enhancements in Texas’s infrastructure underline the state’s commitment to creating a business-friendly environment. These developments support existing businesses and will attract new domestic and international investments, further cementing Texas’s status as a premier business hub in the United States. TRANSPORT NETWORKS: TEXAS AT THE CROSSROADS OF COMMERCE At the heart of Texas’s appeal is its extensive transport system. The state’s highways, railways, airports, and seaports form a comprehensive network, facilitating swift and cost-effective movement of goods. The Wylie Intermodal Terminal exemplifies this, offering a logistics nexus that seamlessly integrates rail, road, and storage capabilities. This connectivity ensures that businesses in Texas can easily reach local and global markets. TEXAS’S EXTENSIVE TRANSPORTATION SYSTEM Texas’s transport network is a cornerstone of its economic prowess, facilitating efficient and cost-effective movement of goods and resources. This system, comprising nearly 314,000 miles of highways, 10,400 miles of railways, and almost 400 airports, including 24 commercial service airports and 19 seaports, creates a comprehensive network integral to the state’s logistical capabilities. Key Developments and Examples: 1. Port of Laredo: • The Port of Laredo is vital to Texas’s transport network. It’s now the top port in the U.S. for trade, with about 10,000 northbound trucks passing through daily. This number is expected to rise with increasing U.S.-Mexico trade. • Laredo’s trade is flourishing, with imports up 8% yearly, valued at $148 billion, and exports totaling $93 billion. • Significant infrastructure projects are underway at the port, including adding eight lanes at the World Trade Bridge and constructing a new international rail bridge. 2. World Trade Bridge Improvements: • The World Trade Bridge has opened four special lanes for commercial vehicles, funded by $10.3 million in private donations, to alleviate congestion and streamline trade. 3. Highway and Road Improvements: • Once trucks exit the port, they rely on local roads and highways to reach distribution centers. The Texas Department of Transportation is investing $2.3 billion in road and highway improvements in the Laredo area over the next decade. • Projects include widening Interstate Highway 35 and upgrading U.S. Route 59 to connect Laredo to Houston, enhancing major trucking arteries. 4. Wylie Intermodal Terminal: • The Wylie Intermodal Terminal exemplifies Texas’s commitment to multimodal transport solutions. The 500-acre distribution park, which opened in 2015, connects rail from Canada to Central America, serving major North American markets. • It has an impressive annual lift capacity of 342,000 twenty-footequivalent units and 9,400 feet of classification track. • The terminal, with a $64-million investment, is positioned to support light industrial, assembly, and distribution projects, bolstering industrial growth in Texas. IMPLICATIONS FOR BUSINESSES The expansion and modernization of Texas’s transport networks have profound implications for businesses: • Improved Logistics: Enhanced road, rail, and port facilities significantly improve logistics efficiency, crucial for businesses reliant on timely and cost-effective supply chain management. • Global Connectivity:With state-of-the-art ports like Laredo and multimodal hubs like the Wylie Intermodal Terminal, Texas offers unparalleled access to North American and global markets. • Support for Industrial Growth: The ongoing infrastructure investments provide a strong foundation for industrial and commercial expansion, making Texas an even more attractive destination for business investment. Texas’s transport network is a testament to the state’s strategic approach to economic development. With ongoing improvements and expansions in highways, railways, and ports, Texas continues to enhance its position as a critical hub for commerce, offering businesses a competitive edge in domestic and global markets. 93. FDI ALLIANCE INTERNATIONAL
• Laredo continues to defy national trends with less than 3% of industrial real estate space available, highlighting its strategic importance for manufacturing and logistics. TEXAMERICAS CENTER: A SPRAWLING INDUSTRIAL AND LOGISTICS PARK 1. Recent Achievements and Expansions: • In 2022, TexAmericas Center celebrated a record year, with 45 corporate citizens operating on its property, responsible for over $48 million in payroll and hundreds of jobs. • It was named the No.5 industrial park in the nation by Business Facilities magazine, indicative of its growing prominence in the logistics and industrial sector. 2. Expansion of Services and Infrastructure: • TexAmericas Center has expanded its third-party logistics service, TAC3PL, providing comprehensive warehousing, logistics, and staffing services to support business growth. • The center has grown its rail division, enhancing its rail transport and storage capacity, which is crucial for efficient supply chain management. • A new 150,000-square-foot speculative building was introduced, marking a significant growth in infrastructure to support logistics operations. 3. Future Plans and Investments: • TexAmericas Center focuses on new building spaces for 3PL tenants and built-to-suit opportunities, aiming to meet the specific needs of businesses in real estate and logistics. • Significant investments are planned in rail infrastructure, ensuring efficient and safe transport services within the industrial park. LOGISTICS CAPABILITIES: STREAMLINING BUSINESS OPERATIONS Texas is a powerhouse in logistics and supply chain management. Cities like Laredo, a key node in international trade, and the TexAmericas Center, a sprawling industrial and logistics park located in the state’s Northeast region, offer advanced logistics services. These facilities are equipped to handle complex supply chains, ensuring businesses can operate smoothly and maintain a competitive edge. TEXAS’S ROBUST LOGISTICS AND SUPPLY CHAIN ECOSYSTEM Texas’s logistics capabilities are a critical component of its economic strength. With cities like Laredo and the TexAmericas Center leading the way, Texas offers advanced logistics services that ensure smooth business operations and competitive advantages. LAREDO: A KEY NODE IN INTERNATIONAL TRADE 1. Port of Laredo’s Impact: • The Port of Laredo is integral to Texas’s logistics prowess. Handling up to 20,000 trucks daily is crucial in storing goods before shipping across North America. This demand has sparked significant growth in Laredo’s industrial real estate market. • Companies like Nippon Express are expanding their presence in Laredo due to increasing business, indicating the city’s growing importance in logistics and supply chain management. • Laredo’s strategic position has been enhanced by global supply chain reordering, benefiting from its proximity to Mexico and the re-shifting of trade routes. 2. Industrial Real Estate Expansion: • The industrial real estate market in Laredo has grown by approximately 20% in the past five years, outpacing national growth rates and underscoring its importance in the logistics sector. 94. FDI ALLIANCE INTERNATIONAL
(214) 775-0617 www.D1Experts.com [email protected] “SUPER” DAVE QUINN, CECD MANAGING PARTNER, DAY ONE EXPERTS AND FOUNDER OF THE TEXAS ECONOMIC DEVELOPMENT CONNECTION Texas’s strategic investment in logistics capabilities, exemplified by Laredo and the TexAmericas Center, solidifies its position as a leading state in supply chain management and logistics. The ongoing expansions and enhancements in these areas ensure that businesses operating in Texas can expect top-tier logistics support, essential for maintaining a competitive edge in today’s global market. WELCOMING FOREIGN INVESTMENT: TEXAS’S BUSINESSFRIENDLY CLIMATE Texas’s economic policies, including tax incentives and a supportive business ecosystem, make it an attractive destination for foreign investors. The state’s commitment to fostering a conducive environment for business growth is evident in its foreign direct investment (FDI) approach. With #TexasEDConnection, accessing these opportunities and navigating the state’s business landscape has never been easier. TEXAS’S ECONOMIC INCENTIVE PROGRAMS 1. The Texas Enterprise Zone Program (EZP): A state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state. One of the country’s most prominent “deal-closing” funds, the Texas EZP is a performance-based incentive for companies whose projects contribute significant capital investment and jobs to the state’s economy. 2. Texas Jobs and Security Act: A new piece of legislation in Texas that offers tax incentives for companies looking to start or expand operations in the state. This act underscores Texas’s commitment to attracting businesses with favorable economic policies. The program targets substantial investments, such as manufacturing projects or those requiring over $1 billion in investment in Texas school districts. It also supports projects contributing to the state’s power grid, like natural gas-fueled generators or hydrogen fuel production. 3. Skills Development Fund: An innovative program created to assist Texas public community and technical colleges in financing customized job training for their local businesses. Established by the Legislature in 1995 and administered by the Texas Workforce Commission, grants help companies and labor unions form partnerships with local community colleges and technical schools to provide custom job training. Average training costs is $2,000 per trainee; however, the benefit may vary depending on the proposal. 4. Type A & Type B Economic Development Corporations: Many municipalities in Texas have formed local economic development corporations (EDCs) funded through a levy of additional local sales tax on the city. These sales tax corporations use the collected sales tax revenues for economic development, including grants and financing for infrastructure improvements, investment attraction and job creation grants, and other business attraction activities. MAKING THE CONNECTION For foreign-based business owners looking to expand in the U.S., Texas offers a unique combination of infrastructure, transport networks, logistics capabilities, and a welcoming business environment. It’s more than a location; it’s a strategic partner in your business’s growth and success. Texas is not just a state; it’s a state of opportunity, ready to unlock your business’s potential. 95. FDI ALLIANCE INTERNATIONAL
Virginia, renowned for its rich history and scenic landscapes, has become a formidable economic force in the United States. Boasting a diverse economy and cutting-edge infrastructure, the state is an attractive hub for businesses, residents, and tourists alike. Economic Prowess: Virginia’s economic success is underscored by a thriving technology sector, with major companies such as Amazon and Microsoft establishing a significant presence in the state. Northern Virginia, in particular, has become a technology hub, housing data centers and innovation hubs that drive the state’s reputation as a global leader in the tech industry. The state’s influence extends to the defense sector, with numerous military installations and defense contractors calling Virginia home. Boasting the headquarters of the United States Department of Defense, as well as major defense corporations like Northrop Grumman, Virginia plays a crucial role in national defense and security. In addition to technology and defense, agriculture remains a cornerstone of Virginia’s economy. The state ranks high in poultry, cattle, and tobacco production, contributing not only to its economic prosperity but also preserving its agricultural heritage. Infrastructure Excellence: Virginia’s commitment to infrastructural development is evident in its well-maintained transportation network. The state’s extensive highway system, featuring major interstates and state roads, facilitates efficient movement of goods and people. This network not only supports local businesses but also serves as a vital transportation corridor along the East Coast. The Port of Virginia, a major player on the East Coast, enhances the state’s global connectivity. With modern facilities and deep-water channels, the port accommodates large cargo vessels, facilitating international trade and boosting economic growth. Virginia’s dedication to innovation is further reflected in its investments in research and development. Renowned companies collaborate with universities and research institutions to drive technological advancements. Beyond technology, the state’s diverse economy includes major players in finance, healthcare, and manufacturing, creating a robust business ecosystem. Quality of Life: In addition to economic and infrastructural achievements, Virginia offers residents an exceptional quality of life. The state’s education system is top-notch, and world-class healthcare facilities cater to the well-being of its residents. Diverse cultural attractions, combined with the state’s natural beauty, make Virginia an appealing destination for individuals and families alike. In conclusion, Virginia’s economic success and infrastructural prowess are bolstered by the presence of influential companies, including tech giants like Amazon and Microsoft, and defense industry leaders such as Northrop Grumman. The state’s commitment to innovation, strategic industries, and comprehensive infrastructure has positioned it as a key player on the national stage, fostering prosperity for its residents and contributing significantly to the overall growth of the United States. GOVERNOR GLENN YOUNGKIN STATE OF VIRGINIA 96. FDI ALLIANCE INTERNATIONAL
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Location, location, location: everyone claims to have it, but when it comes to access to the world, what does location really mean? Nestled at the intersection of two vital arteries, Virginia’s I-81/I-77 Crossroads emerges as a strategic nexus for businesses seeking a prime location in the beautiful Blue Ridge Mountains of southwest Virginia. With seamless connectivity and strategic proximity to major markets, this crossroads offers unparalleled advantages for those seeking a dynamic economic landscape. The convergence of Interstates 81 and 77 not only facilitates efficient logistics but also provides access to a diverse and skilled workforce. For myriad reasons, Virginia’s I-81/I-77 Crossroads is the ideal hub for businesses looking to establish a strong and sustainable presence in the heart of the East Coast. PRIME LOCATION The Mount Rogers Regional Partnership (MRRP) is one of seventeen regional economic development organizations in Virginia. MRRP’s role is to support economic development efforts for localities in their region by creating job opportunities, assisting existing businesses with expansion or retention needs, and encouraging national and international businesses to locate and invest in the region by marketing Virginia’s I-81/I-77 Crossroads . Encompassing the counties of Bland, Carroll, Grayson, Smyth and Wythe and the city of Galax in southwest Virginia, this expansive area offers more than just serene vistas. TAs businesses consider where to establish roots, the Mount Rogers region beckons with its unique blend of natural beauty and a supportive environment, inviting enterprises to be part of a thriving and harmonious economic landscape. Interstates 81 and 77 intersect the region, earning it the moniker “Virginia’s I-81/I-77 Crossroads.” The strategic East Coast location and exceptional quality of life is the driving force behind the region’s success in business attraction and expansion. With access to three-fourths of the U.S. population within a day’s drive, the region provides businesses with unparalleled connectivity and access to diverse markets. Beyond the strategic advantages, the region offers a high quality of life characterized by the small-town charm and ample outdoor recreation. It is not merely a business destination; it is a place where professionals can thrive personally and contribute to a community that values both innovation and well-being. This unique combination propels the region towards continued success in business attraction and expansion, making it a prime location to work, live, and play. LOGISTICAL LOCATION ࣿ Access By Land Interstates 81 and 77 traverse the region and intersect in Wythe County. I-81, the longest interstate in Virginia with 90 interchanges, passes through the heart of the Mount Rogers region and extends through New York to the U.S.- Canada border. The regional corridor sees an average of 48,000 vehicles per day, up to 35 percent of which is truck traffic. I-26, just across the North Carolina-Tennessee border, connects with I-81, further expanding interstate access to the U.S. Southeast. Interstate 77 connects the eastern Great Lakes region with Appalachia and the Southeast. Cities it serves are Columbia, Charlotte, Charleston, Akron, and Cleveland. The Virginia portion of I-77 spans 67 miles, intersecting I-81 in Wythe County and 98. FDI ALLIANCE INTERNATIONAL
connecting to North Carolina and West Virginia. The Mount Rogers region also provides access to I-64, I-75, and I-40, as well as four-lane highway systems including U.S. 460, U.S. 58, and U.S. 23, stretching from Virginia to Detroit. Norfolk Southern owns the freight rail lines extending throughout Virginia’s I-81/I-77 Crossroads. The primary rail line within the region parallels I-81, carrying intermodal trains, general cargo, and auto-trains. Rail spurs adjoining existing businesses and industrial sites provide opportunities for expansion and logistical efficiency, streamlining the supply chain and providing lucrative opportunities for businesses to expand their operations and capitalize on efficient transportation. In September 2023, the Virginia General Assembly appropriated $10 million for engineering and design work of an inland port in the Mount Rogers Planning District, which includes all of Virginia’s I-81/I-77 Crossroads. The inland port in Southwest Virginia, if constructed, would generate a significant number of jobs and be transformative for Virginia’s I-81/I-77 Crossroads. ࣿ Access By Air Virginia’s I-81/I-77 Crossroads provides convenient access to international, regional, and general aviation airports to accommodate air travel throughout the United States and globally. Charlotte Douglas International Airport, which served more than 4 million people in 2022, is the only large hub airport in the Carolinas and is approximately 2 hours south of Virginia’s I-81/I-77 Crossroads. The Roanoke-Blacksburg Regional Airport, located approximately one hour north of Virginia’s I-81/I-77 Crossroads, along I-81 offers more than 40 flights daily, providing nonstop service from Roanoke, Virginia to eight major cities. The Tri-Cities Airport is located approximately one hour south along I-81, serving Northeast Tennessee, Southwest Virginia, Western North Carolina, and Eastern Kentucky with nonstop flights to five U.S. hubs. Virgina’s I-81/I-77 Crossroads is home to several general aviation airports strategically positioned along the interstates, enhancing the region’s accessibility and connectivity. These airports serve as vital gateways for businesses, offering air travel options within the vicinity. The Twin County Airport, adjacent to I-77 at exit 19, is in Carroll County, Virginia. The airport recently completed a Master Plan to outline the vision for growth, paving the way for expanded services and enhanced facilities. Any future improvements will position the Twin County Airport as a key player in the region’s aviation landscape. Mountain Empire Airport, a public use airport, is situated along the prominent I-81, in Smyth County, Virginia. Its single runway is designed to accommodate a spectrum of aircraft, from general aviation to military aircraft operations, fostering a versatile airspace. The airport’s facilities include dedicated space for aircraft of all sizes ensuring secure, tailored storage options, and other competitive amenities. ࣿ Access By Sea The Port of Virginia, America’s most modern gateway, owns and operates Norfolk International Terminals, Newport News Marine Terminal and Virginia Inland Port and leases Virginia International Gateway and Richmond Marine Terminal. To further improve supply chain needs and accommodate twoway ship traffic, Norfolk Harbor is being widened and deepened to a depth of 55 feet. Planned for completion in 2024, these improvements will make the Virginia port the most accommodating ULCV port on the U.S. East Coast. SKILLED WORKFORCE/TALENT PIPELINE: To support existing companies and attract diverse businesses to Virginia's I-81/I 77 Crossroads, a skilled workforce in various trades is vital. The region’s unique advantage lies in fostering strategic partnerships that bridge the gap between businesses and skilled labor. The Mount Rogers Regional Partnership’s collaborative initiatives ensure a pipeline of well-trained workers. By tailoring talent programs to meet the specific needs of businesses in the region, MRRP establishes a symbiotic relationship and enhances the region's appeal as a destination for companies seeking skilled talent in a cost-effective manner. Virginia's I-81/I-77 Crossroads represents an optimal blend of strategic location, unparalleled quality of life, and a robust workforce pipeline. The region’s location at the convergence of major transportation routes, coupled with the presence of skilled labor and a commitment to workforce development, sets the stage for unprecedented economic growth. As businesses consider their next move, Virginia’s I-81/I-77 Crossroads beckons with a promise of not just logistical advantages, but a vibrant community and a workforce prepared for success. Take the leap and become an integral part of this dynamic and thriving region. Mount Rogers invites you to “Make it Here”. NICHOLE HAIR Executive Director, Mount Rogers Regional Partnership M 1000 East Main street, Wytheville,VA 24382 N (276) 223 4726 | 540 239 4097 E [email protected] D Mountrogeregion.com D i81-i77crossroads.com Pathway Park, Smyth County 99. FDI ALLIANCE INTERNATIONAL
My first-ever “business conference production” was presented as a luncheon event; “live” in October 1984 inside the Los Angeles Chamber of Commerce. More than 100 registered including Human Resource officers, directors and managers of recruit, comp/ben, relocation... from Chevron, Paramount Pictures, Universal Studios, WarnerBrothers, HughesAircraft, NorthrupGrumman, Lockheed, Boeing, TRW, Jet Propulsion Labs, Bank of America, Ernst & Young, and a large variety of other companies recruiting talent for positions based in Southern California. Also attending were smart Realtors and something called Relocation Companies and a variety of suppliers involved with recruit/relo. Back Story: At the time I created a color/glossy print magazine series called CALIFORNIA BOUND - Destination info/guidance/referral. LA Chamber was my distribution partner buying several thousand copies for resale to the Chamber corporate membership and to newcomers. LA Economic Development Corporation used the guides as part of an area info package designed to help inform corporate site selectors. One day a Hollywood camera-man and I became friends over a few beers and hot dogs. We developed a what-if sketchy plan to produce a series of “short” tv/videos about living in specific communities located adjacent to the largest employer’s hq/facilities. On a warm sunny day in my Mustang convertible we drove thru the beachside towns adjacent to Chevon, Boeing, TRW, Hughes Aircraft, in the LAX area. He shot tape/ film of the main streets, the shopping area, some schools, and lots of homes and apartment buildings, the beaches, too. We got out of the car a few times to “do” street-scene spot interviews with locals. We talked about a lot of things, all recorded, all G-rated, all of it info usable and helpful to recruits/transferees who would watch the tv/videos given to them by the corporate HRs/recruiters and potentially by the relocation companies. Hughes Aircraft Company became my largest buyer of the CaliforniaBound media package. Other companies became buyers. The “live” conference series expanded frequency. Bringing business people together to meet, exchange ideas, discuss services became a very good thing to do... not only in Southern California but also in Silicon Valley, Texas, Seattle, Chicago, New York, Washington, and in NOV 1997 in London at the Hilton just north of Marble Arch. In some of the geolocations my team developed print area info guides. Enabling business connections across the world 100. FDI ALLIANCE INTERNATIONAL