October 9, 2008
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SITE SELECTION

Click on the cover above and read new content from September 2008.

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The business sky is not altogether falling, really. Take mercurial Tesla Motors, which has pulled a major U-turn and will now spend $250 million to manufacture its second-generation electric car in the company's birthplace: Silicon Valley. It's such a nice development, in fact, that's it's fully alleviated a situation that once drove California Gov. Arnold Schwarzenegger "absolutely insane," as this week's SiteNet Dispatch explains.
Tesla Chair Elon Musk
A Real Break on Silicon Valley Rent: Tesla Chairman and PayPal co-founder Elon Musk announces the company's 1,000-worker expansion at the San Jose site that the company will occupy rent-free for 10 years.

This Dispatch edition brings readers new and exclusive stories from the September 2008 Site Selection:

THE SITENET DISPATCH IS SPONSORED BY:
North Carolina's Touchstone Energy.
Softtek
Outsourced, Offshored and Increasingly Popular: Softtek, a Monterrey, Mexico-based provider of ITO and BFO services, is one of the business process outsourcing firms that are flourishing as U.S.-based firms work to reduce costs. Pictured above is Softtek President and CEO Bianca Trevino with employees at the company's Monterrey headquarters.

There's more expansion news online in global project coverage from London-based partner Oxford Intelligence. This week's installment includes:

  • "Vink Expands Activities in Sweden"
  • "TotalSoft To Expand to Hungary and Bulgaria"
  • "NYK Expands Logistics in Flanders"
  • "Thales Invests in Yorkshire Centre"
  • "Unilever Opens New Research Centre in Italy"

Wall Street's Woes and Business Expansion: Finally, here's a new What's Your Take? that's straight from today's front page: How has the recent credit crisis on Wall Street affected your company's facility expansion plans? See how your firm's position squares up with others.

Copacetic clicking,

Jack Lyne
Site Selection Executive Editor of Interactive Publishing

Upcoming Conferences and Expositions of Note
Read more on the expanded events calendar at SiteNet.com.

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Saxony-Anhalt: Dell GmbH as Green IT Pioneer

In September 2007 Michael Dell, founder of the world's second-largest PC manufacturer, committed to a swift conversion of his company to climate-neutral operations. Dell had planned end-2008 for the neutralisation of CO2 emissions in business activities. The target, however, was already achieved in mid-2008. A bundle of measures was taking effect - from increasing energy efficiency in Dell's regional offices to usage of renewable energies, Michael Dell reported in a meeting on Green IT that was held in the permanent representation of Saxony-Anhalt in Berlin. The event was attended by ministers, secretaries of state and department heads from almost all German federal states and federal ministries.

Saxony-Anhalt's Minister of Economics, Dr. Reiner Haseloff, referred to Dell's major branch office in Halle when he said: "It is always good to find the best examples in your own state to prove that Saxony-Anhalt's economy is among the early risers also in terms of climate protection."

www.invest-in-saxony-anhalt.com

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This is a free service of Conway Data, Site Selection magazine, SiteNet.com and the International Economic Development Council. Just log on to DevelopmentAlliance.com and find out what thousands of other site selectors have already discovered: DevelopmentAlliance.com is the place to go when conducting Internet-based research on possible business locations.


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