Billions of dollars in planned factory projects have been canceled or paused in the last six months, a development with the potential to pour cold water all over visions of new economic hubs in some of the country’s lower-profile corners.But a new wave of projects in industries like pharma, tech and automotive are ready to refill the pipeline, keeping demand and dreams alive for the sites painstakingly selected and prepared for development.
“Companies don`t want to be pioneers when it comes to site selection,” The Boyd Co. principal John Boyd Jr. said. “If a site is selected, even if the project doesn`t happen, that`s an enormous economic development accomplishment in and of itself...
RSK: Always opportunity out there. Someone`s loss is another`s gain.
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- - Volume: 25 - WEEK: 20 Date: 5/13/2025 3:37:48 PM -