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Georgia Corporate Moves

Georgia Corporate Moves

GreenTech Manufacturing Digs Deep in Douglas In March, Georgia Governor Sonny Perdue announced that an environmentally friendly manufacturer of construction products, GreenTech Manufacturing, plans to locate a new facility in Douglas, GA. The company will create 320 jobs and invest more than $20 million in a new manufacturing and distribution facility. “In Georgia, we work hard to support innovative companies such as GreenTech Manufacturing,” said Gov. Perdue. “As the world focuses on green technologies and cleaner manufacturing processes, GreenTech Manufacturing is a perfect fit for our state.” GreenTech Manufacturing has contracted a 103,000-square-foot manufacturing and distribution center located on nine acres in Douglas’ Southwest Industrial Park. GreenTech is wholly owned by Gulf Coast Arms, a nonprofit trust incorporated in Texas, whose mission is to foster sustainability and affordability solutions across the country and abroad. GreenTech uses the innovative Powder Impression Molding (PIM) system to produce stronger-than-steel, lightweight construction products using up to 95 percent recycled materials from single-stream solid waste sources. The result is an environmentally sustainable, efficient and cost-effective alternative to traditional construction products such as metal, wood, concrete and fiberglass. “It has been a privilege to work with the State of Georgia, whose leadership values innovation and whose involvement has been essential in bringing this project to Georgia,” stated GreenTech Spokesman Michael Moreland. “Douglas’ community leadership also strongly compelled our decision to locate in Georgia. The location’s considerable transportation connectivity is ideal for GreenTech’s distribution to national and export markets. The local workforce is well trained, and the community has ample access to educational resources for ongoing innovation and job training.” To grow roots in the local community and establish early positive relations, GreenTech will offer high-quality and high-paying administrative, technical and operational jobs that include high-tech job training and significant employee benefits. The company is working with Quick Start, East Central Technical College, the Georgia Department of Labor and Georgia Tech’s FaciliTech Team to create and implement customized workforce training. Job search and placement is expected to begin immediately, and the first PIM product to roll off the line could happen as early as September. “This is a great day for Coffee County,” said JoAnne Lewis, executive director of the Douglas-Coffee County Chamber of Commerce. “GreenTech Manufacturing will become one of the city’s biggest employers. The company’s official an-nouncement helps us celebrate the 50th anniversary of economic development in Douglas. Businesses like GreenTech will help us carry on our tradition of economic success and progress.” Big Tex Trailer Trailblazes in Cordele Big Tex Trailer Manufacturing announced in […]


California Corporate Moves

California Corporate Moves

Moving Toward a Better Place Palo Alto-based startup company, Better Place, aims to bring an electric-car infrastructure system to the Bay Area. Its business model will provide the public with stations to charge vehicles and swap out leased batteries. California hopes to reinvigorate the state and region’s competitive advantage in innovative technology through public-private investments in electric vehicles and other elements of green frameworks. The state’s move toward a sustainable mobility model of electric vehicles fueled by renewable energy will ideally function as an economic and environmental stimulus blueprint for the entire country. The Bay Area will serve as the first region of California to make the switch from carbon-based transportation to sustainable mobility. According to early results of a study by Venture Lab at the University of California at Berkeley, widespread usage of electric vehicles over the course of two decades would save consumers $175 billion in fuel costs and bring a $120-billion boom for battery makers. “California is already a world leader in fighting global warming and promoting renewable energy,” said Gov. Arnold Schwarzenegger. “This type of public-private partnership is exactly what I envisioned when we created the first ever low carbon fuel standard and when the state enacted the zero emissions vehicle program. This partnership is proof that by working together, we can achieve our goals of creating a healthier planet while boosting our economy at the same time.” Once the system is fully deployed, this move from greenhouse gas-emitting cars that run on fossil fuel, to clean, electric cars fueled by renewable energy, will be an estimated $1-billion network investment in the Bay Area. The Better Place model is an open network model built on industry standards, allowing for fixed battery and battery exchange electric vehicles to operate on the network. Better Place’s founder and CEO, Shai Agassi, hopes to wrap up permitting in the Bay Area by the end of 2009, roll out the infrastructure in 2010 and fine-tune its technology during the next several years as more electric cars come to market. “We hope that by the time we deploy, we’ll see Renault, Nissan [and] the three U.S. manufacturers developing cars that have a plug, and have the ability to drive around the city and charge as they go.” California is estimated to generate upwards of $2.5 billion in jobs building this new infrastructure, with billions more in car and battery sales to consumers. “The green technology industry is going to boom, and it is our job to ensure it booms here, in the […]


California Corporate Moves

California Corporate Moves

Moving Toward a Better Place Palo Alto-based startup company, Better Place, aims to bring an electric-car infrastructure system to the Bay Area. Its business model will provide the public with stations to charge vehicles and swap out leased batteries. California hopes to reinvigorate the state and region’s competitive advantage in innovative technology through public-private investments in electric vehicles and other elements of green frameworks. The state’s move toward a sustainable mobility model of electric vehicles fueled by renewable energy will ideally function as an economic and environmental stimulus blueprint for the entire country. The Bay Area will serve as the first region of California to make the switch from carbon-based transportation to sustainable mobility. According to early results of a study by Venture Lab at the University of California at Berkeley, widespread usage of electric vehicles over the course of two decades would save consumers $175 billion in fuel costs and bring a $120-billion boom for battery makers. “California is already a world leader in fighting global warming and promoting renewable energy,” said Gov. Arnold Schwarzenegger. “This type of public-private partnership is exactly what I envisioned when we created the first ever low carbon fuel standard and when the state enacted the zero emissions vehicle program. This partnership is proof that by working together, we can achieve our goals of creating a healthier planet while boosting our economy at the same time.” Once the system is fully deployed, this move from greenhouse gas-emitting cars that run on fossil fuel, to clean, electric cars fueled by renewable energy, will be an estimated $1-billion network investment in the Bay Area. The Better Place model is an open network model built on industry standards, allowing for fixed battery and battery exchange electric vehicles to operate on the network. Better Place’s founder and CEO, Shai Agassi, hopes to wrap up permitting in the Bay Area by the end of 2009, roll out the infrastructure in 2010 and fine-tune its technology during the next several years as more electric cars come to market. “We hope that by the time we deploy, we’ll see Renault, Nissan [and] the three U.S. manufacturers developing cars that have a plug, and have the ability to drive around the city and charge as they go.” California is estimated to generate upwards of $2.5 billion in jobs building this new infrastructure, with billions more in car and battery sales to consumers. “The green technology industry is going to boom, and it is our job to ensure it booms here, in the […]


Inside LiveXChange

Inside LiveXChange

Business Facilities LiveXchange is an invitation-only event for corporate executives responsible for choosing a new location for their companies’ next facility. Delegates meet with senior economic developers from across North America; attend seminars, workshops, and think tanks led by experts in the field of relocation and expansion; and network with other corporate executives faced with the same corporate growth challenges. This month, we preview the expansion of LiveXchange into an international venue and the launch of Commercial Property Navigator LiveXchange, aimed at the real estate services sector.


60 Seconds with Dr. Horst Domdey, Managing Director, BioM-Munich Biotech Cluster

60 Seconds with Dr. Horst Domdey, Managing Director, BioM-Munich Biotech Cluster

BF: How does Munich rank in Germany, and also within Europe, as a competitive location for biotech companies? HD: In the past 10 to 15 years, the Munich Biotech Cluster has been able to reach the undeniable number one position, at least within Germany. In Munich, the first commercial biotech activities started in the early nineties, and due to the strong support of the Bavarian Government––directly or indirectly, e.g., through the local universities––Munich-based start-up companies had excellent conditions in their founding processes. Everybody might think now that this came from huge amounts of money that were poured into the newly established start-ups. But that is not true; it was the favorable conditions that helped most, such as the excellent science that is present here, or an incubator which offered lab and office space in 1995, and which was increased from its original size of 8,000 square feet to now more than 180,000 square feet, or also the conditions providing an academic scientist the ease and incentives to spin off and even manage (part-time) a new company. Therefore, it is probably not astonishing that Munich, with more than 100 biotech companies, is considered one of the top four biotech locations in Europe. BF: How successfully do Munich’s biotech companies partner with local research institutes? HD: The vast majority of the Munich-based biotech companies are spin offs from the two local universities, the local Max Planck Institutes and the Munich Helmholtz Center. Therefore, there has been a high number of very tight connections, in the form of scientific cooperations, between the different research groups and their spun-off companies. In addition we have generated a new process in the past few months, since the already existing network of cooperations is being widely extended, which will thus go far beyond its original connections. In this way, a new dimension of crisscross cooperations will be created which will certainly help elevate Munich’s biotech activities. BF: Has the global economic downturn affected Munich’s biotech cluster? HD: We cannot, of course, predict the future and definitive consequences of the current financial and economic crisis. However, to date the crisis has had only very small effects on the local biotech industry. Most of the companies still look very optimistic into the future and even plan to hire new staff. People might postpone the purchase of a new car or a new TV screen but they will not abstain from their medical treatments. Therefore I keep my unbreakable optimism about biotechnology in Munich. Munich’s Biotech Cluster: The Numbers • […]



Deciphering High Tech’s Hype

Deciphering High Tech’s Hype

A moneymaking matrix of innovation and investment, high technology encompasses a dizzying series of subsectors. Here, we aim to demystify this enigmatic industry while introducing some emerging markets and distinguishing the well-established hubs.