August 7, 2008

Big Blue is getting ready to get a lot bigger in New York, investing US$1.5 billion and adding 1,000 new jobs, as this week's SiteNet Dispatch explains. IBM's large-scale expansion is getting a strong jolt of growth juice from the tiniest of nano-technologies - plus $140 million in New York subsidies, despite the state's $26.2-billion deficit.
Tiny Chips, Big Jobs Numbers: Workers at IBM's $2.5-billion semiconductor plant in East Fishkill, N.Y., will build the new and more advanced nano-chips that are developed in the Empire State. And, thanks to the company's incentives agreement with New York Gov. David Paterson, all of the Fishkill operation's 1,400 existing jobs will remain intact.
Photo: Empire State Development

This week's SiteNet Dispatch brings readers new and exclusive stories from the July 2008 Site Selection, including:

Room Enough for $1.2 Billion to Grow Into: Kia is building its $1.2-billion plant on this site in West Point, Ga., where the company has certainly seen no labor shortages. Some 43,000 people applied for the 2,500 hourly jobs at the production operation that sits flush on the Alabama line.

There's more expansion news online in global project coverage from London-based partner Oxford Intelligence. This week's installment includes:
  • "Union Bank of India Launches in Hong Kong"
  • "SABMiller Expands to Austria and Sweden"
  • "Burgess Expands into Spain"
  • "Honda to Expand Motorcycle Output in India"
  • "Moretto Sets Up Centre in Germany"

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Photo: Ian Britton, FreeFoto.com

Big Bird: That outsized fellow that's pictured on the right is "the world's largest penguin" - 27 feet (8.2 meters) tall and weighing in at 10,000 pounds (4,500 kilograms). See if you can name the city in which the penguin stands - and find out how it got there - in our new "Where in the World?"

Copacetic clicking,

Jack Lyne
Site Selection Executive Editor of Interactive Publishing


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