With one of the fastest-growing clean energy sectors in the nation, including electric car manufacturing, the Volunteer State is poised for growth.
Refusing to bow to a plague of disasters—including a hurricane, a huge oil spill and a national economic downturn—Louisiana responds with a diverse, innovative growth strategy.
Construction Begins on ADA Tech Park in Ardmore A public-private partnership between the Ardmore Development Authority (ADA) and ATP Investments, LLC began construction this month on a 47-acre technology park in Ardmore, OK. The park will be located on the west side of Ardmore, approximately 1 mile from Interstate 35. The first phase of construction will consist of putting in the initial stages of infrastructure to the park, aesthetic improvements to the site and the construction of a 5000 square foot building that will be used as a business incubator. The incubator will house a 500 ft. clean room. There will be eight lots ranging is size from approximately 2.5 acres to 4.5 acres. “This will give Ardmore a tangible product we can show to prospects we are recruiting,” states Brien Thorstenberg, ADA vice president. “This is attractive to high tech companies particularly if they need to reserve funds for operations rather than incurring a capital expense. Sites will be available for those companies in position to construct and own their facility,” Thorstenberg adds. “This park also gives Ardmore the ability to leverage the R&D base that already exists in Ardmore with the Samuel Roberts Noble Foundation, Amethyst Research, Inc. and Southwest Silicon Technologies.” Flanders Now Operating at Full Speed The Flanders Corporation is operating at full production in their manufacturing and distribution facility at the New Horizons Industrial Park (a half mile east of Interstate 35 just south of Highway 70). Flanders announced their decision to locate in Ardmore, January of this year, and began production in April. They anticipated hiring 100 employees in their first year of operation, but have hired approximately 220 at this point. They plan to have 400 employees at full production. “We are very pleased with our new location in Ardmore,” states Ron Abel, Flanders director of East Coast operations. “We have an excellent work force, and the location of Ardmore has allowed our company to consolidate some of our operations to increase our competitive advantage. We have been pleased with the assistance we have received from the Oklahoma Department of Commerce, the Southern Oklahoma Technology Center, the Ardmore Development Authority, and other state and local organizations.” The Flanders Corporation based in Washington, NC designs, manufactures and markets the highest quality filter, clean room, and containment filtration systems. The Ardmore facility manufactures and distributes air filtration products for both residential and commercial applications. Brien Thorstenberg, Ardmore Development Authority vice president, adds that Ardmore is fortunate have Flanders in our community. “During a year when […]
Gold Award With a $3.6-billion expansion of Samsung’s semiconductor fabrication facility in Austin, TX, the capital of the Lone Star State has put everyone on notice that it intends to remain the top U.S. hub in the burgeoning microchip sector. Project Title: Samsung Austin Semiconductor Expansion Entered By: Greater Austin Chamber of Commerce Our blue-ribbon panel of industry experts had to make some tough choices when assessing the nominees for Business Facilities’ 2010 Economic Development Deal of the Year Awards. This year’s competition—our largest field of contestants to date—featured 24 top-flight projects from 20 states. A bevy of major high-tech initiatives went head-to-head with locations enjoying a robust resurgence in traditional manufacturing, including the largest single investment in steel production in years. The judges have spoken: this year’s top honors go to Greater Austin Chamber of Commerce, Regional Economic Development, Inc. of Missouri and Louisiana Economic Development. The $3.6-billion expansion of Samsung Austin Semiconductor (SAS) in Texas has been selected as our 2010 Economic Development Deal of the Year Gold Award winner. The semiconductor fabrication plant project was submitted by Greater Austin Chamber of Commerce, which also credited the Governor’s Office of Economic Development and Tourism and the City of Austin for their help in sealing the deal. SAS announced in June plans to expand its 12-inch semiconductor fabrication plant in Austin. The project is expected to create up to 7,600 direct and indirect jobs for the Austin Metro Area. The new investment in the Austin fab builds on $5.6 billion the Korean tech giant has previously committed to the SAS facility over the past 14 years, bringing the total investment to approximately $9.2 billion. The company said it would increase employment at the plant from 1,000 to 1,600 by 2011, with annual payroll rising from $70 million to $112 million during the same period. Annual operations at SAS currently inject more than $800 million into the area economy annually; when ripple effects are included, SAS is responsible for more than $1.4 billion each year in local economic activity and $296 million in total worker earnings. Employment at SAS represents more than 13 percent of the Austin, TX area’s technology production base. Almost 3,000 construction workers will be employed in the $633-million build-out of the fab expansion. The expanded semiconductor fab will produced 45-nanometer and below microchips for Samsung’s System LSI business. The plant currently produces a variety of NAND Flash memory chips. “Forty-five nanometer and below advanced logic applications are in high demand and respective markets are expected to […]
From the Desk of the Editor in Chief
Geographic Informations Systems are being deployed by locations to enable developers to zero in on available properties. Here are some basic steps for getting the most out of GIS.
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As a tumultuous year comes to an end. it’s time to take another look into our Crystal Ball for some sure-fire prognostications of the big stories of 2011: — Ben Bernanke demands $500-billion “overdraft fee” from top U.S. banks, tells them to cut up debit cards. — Hamid Karzai retires to Paris, opens chain of men’s clothing stores called Afghan Wearhouse. — Cliff Lee pitches against Yankees in World Series, leaves game in fourth inning when car is towed from Stadium parking lot by NYPD. — President Obama announces federal deficit will now be calculated using Google algorithm. — Oprah surprises final studio audience with free trip to the Moon, buys Saturn rocket from Smithsonian. — BP unveils high-octane biofuel produced from Gulf Coast shrimp. — Congress orders Census Bureau to re-do 2010 count when number of Facebook pages in U.S. exceeds reported population. — Interpol seizes shipment of Afghan Wearhouse capes, finds 10-kilo bags of heroin sewn into linings. — Sarah Palin announces presidential candidacy on hour-long ESPN special, tells nation she is “bringing my talents to Washington.” — Charlie Sheen inks 10-year deal as spokesperson for Afghan Wearhouse. — New York City installs metered outlets for electric cars on city streets, collects $15 for 15-minute charge between 8 am and 4 pm. — Chevy Volt owner tasered by NYPD on Broadway attempting to obstruct city tow truck. — California Gov. Jerry Brown misses State of State address pinned to the floor of the governor’s office after attempting to move Arnold’s barbells. — Julian Assange leaks transcripts of NFL refs practicing holding penalties for Super Bowl. — Midwest governor returns federal stimulus funds, drives limo off unfinished highway ramp, says “this proves government can’t do anything right.” — Club Med opens summer resort in Greenland. — Germany withdraws from Euro after Silvio Berlusconi requests 1 billion Euro bailout for Naples trash removal. — China refuses to revalue currency, agrees to 50-percent discount on men’s socks at Wal-Mart. — Mike Bloomberg buys Bermuda, declares island sixth borough of New York. — Donald Trump announces presidential candidacy in Palm Beach, unveils plans for luxury resort/golf course at Camp David. — China agrees to exchange $1 trillion in U.S. Treasury Bonds for interstate highway system, Cape Canaveral and Disneyland. A Happy and Prosperous New Year to All!
Business Facilities magazine has selected Louisiana as its 2010 State of the Year. “The diversity and growth potential of Louisiana’s top projects in both high-tech and traditional manufacturing, as well as healthy total investments, overall job creation and innovative incentives made Louisiana a clear winner of our annual State of the Year Award,” said Business Facilities Editor-in-Chief Jack Rogers. Runners-up in the annual State of the Year contest included Texas, Tennessee, Utah and South Carolina. Texas was Business Facilities’ 2007 State of the Year award winner; Tennessee snared the magazine’s top honor in 2009. To determine the winner, Business Facilities reviews each state’s top five projects in terms of overall investment and job creation. The magazine also evaluates the state’s execution of its economic development strategy, and the diversity and growth potential of its target industries. “We were particularly impressed with the diversity of Louisiana’s strategy for developing high-growth sectors, including digital media, alternative energy, advanced manufacturing, and modular nuclear power plant components,” Rogers said. The Business Facilities editor noted that Louisiana “has emerged unbowed from a series of disasters that would have brought less-determined locations to their knees—including a major hurricane, an oil spill and the national economic downturn—and charted a course for the future that positions the state to be a national leader for years to come.” “This is a remarkable achievement,” he added. “Well done, Louisiana!” Gov. Bobby Jindal hailed the State of the Year Award as “yet another example of the better Louisiana we are building for our children.” “Since day one, we have made economic development our top priority by cutting taxes, revamping workforce training, and reforming our ethics code,” Gov. Jindal said. “We’ve made incredible progress and fostered an economic environment that is creating opportunity for our people, but we will not rest until all of our sons and daughters can pursue their dreams right here at home.” Louisiana Economic Development (LED) Secretary Stephen Moret said the State of the Year Award is proof that Louisiana is “closing the gap between the perception and reality of [its] business climate.” “This terrific news is a reflection of Louisiana’s continued economic progress during a difficult national economic period,” Moret said. “This recognition is in large part the result of recent economic competitiveness improvements in Louisiana, including business tax cuts, governmental ethics reform, the creation of LED FastStart and our focus on business retention and expansion.” Louisiana’s FastStart program was cited by Business Facilities in its annual State Rankings earlier this year, earning the Bayou State the […]
Amazon.com Inc. will build two new distribution centers in Chattanooga and neighboring Bradley County. According to the Tennessee Department of Economic and Community Development, the Seattle-based online company plans to spend up to $139 million on the projects that will create up to 1,400 jobs in the next three years, in addition to hundreds of other peak season positions. Amazon.com’s North American Operations vice president Dave Clark said in the statement that the new facilities in Tennessee will allow the Seattle-based online company to “serve customers more quickly and efficiently.” The distribution centers are expected to be in operation before the 2011 holiday season at Enterprise South Industrial Park in Chattanooga and on State Route 308 in Bradley County. Attracting Amazon was a team effort from jurisdictions representing Cleveland, Chattanooga, Bradley County, Hamilton County, the chambers of commerce in both Cleveland and Chattanooga, and the state of Tennessee, including the Office of Economic and Community Development and Gov. Phil Bredesen. In addition to state funding for roads and other infrastructure upgrades, Amazon.com negotiated local tax incentives for both locations. In Chattanooga, the company’s local property tax abatement totals about $10 million over 11 years, while Amazon.com has committed to investing about $91 million and spending about $488 million in payroll. “Amazon.com’s investment is good for the people of our region not only because it represents new jobs, but also because it is a major investment by a world-class company that stretches across county lines,” Chattanooga Mayor Ron Littlefield said in the statement. In Bradley County, Amazon.com is receiving a 50 percent property tax abatement for 10 years that totals about $2.4 million while making a $48 million investment. With 226 full-time employees and hundreds more seasonally, the new center is expected to generate an annual payroll of about $10.3 million. Doug Berry, the Cleveland-Bradley County Chamber of Commerce vice president for economic development, said there will be “about $800,000 a year of tax gain from this operation.” Cleveland Mayor Tom Rowland pointed out that although the Amazon.com fulfillment center in Bradley County will be located outside the Cleveland city limits, the residents of Cleveland will still benefit along with all residents of the county.