March 1st, 2019
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​4 Trends Shaping Industry 4.0 in 2019 - BDO

While on the surface, the forces shaping 2019 present a mixed bag for manufacturers eager to start or ramp up their Industry 4.0 plans. The reality is that the reduced corporate tax rate, strong economic fundamentals and high demand for their products means that manufacturers are well positioned to make long term investments in Industry 4.0 strategies and technologies. More »

Trading Places: Retail Properties Converted to Industrial Use - CBRE

Shifting consumer shopping preferences for e-commerce and in-store omnichannel platforms have caused developers and users to convert some vacant retail properties to industrial/logistics space. There are 24 retail-to-industrial projects that have commenced since 2016, turning 7.9 million sq. ft. of retail space into 10.9 million sq. ft. of new industrial space either by converting the existing retail structure or replacing it with new industrial construction on-site. More »

E-Commerce & Logistics Firms Dominate Largest Warehouse Deals in 2018 - CBRE

E-commerce and logistics companies accounted for 61% of the 100 largest warehouse deals (leases and sales) by square footage in 2018, totaling 100.3 million sq. ft. and ranging in size from 742,000 to 2.3 million sq. ft. The e-commerce industry’s share of these top deals (41) includes more retailers that are implementing omnichannel strategies. More »

Aspen Economic Strategy Group Presents Policies to Increase Work, Wages, and Skills - The Aspen Institute

The volume is organized according to three policy goals: (1) upskilling America’s workforce, (2) increasing prime-age labor force participation, and (3) expanding private-sector wage growth among low- and middle-income workers. More »

Siemens Foundation: STEM Middle-Skill Initiative

he Siemens Foundation has launched a workforce development program to help close the opportunity gap for young adults in STEM middle-skill careers. Leveraging the experience and expertise of Siemens as an industry leader and pioneer in workforce development, the Foundation identified this crucial area as a place where we can have an important impact on America’s workforce. More »

Automation is Reshaping Work Across America. A New Report Explores the Impact – and How Communities Might Respond - Walmart

America at Work: A National Mosaic and Roadmap for Tomorrow examines resiliency, or the capacity to respond to change — in this case, automation. The report examines more than 3,000 counties in the United States with the goal of helping communities plan for their individual situations and develop responses that will position them to survive and thrive in a changing economy. More »

Automation Actually Creates More Jobs, at Least in the Beginning - Bloomberg

Companies are learning it takes people to make digital technologies work. More »

In Need of Workers, the Midwest Recruits From Puerto Rico - WSJ

Companies recruit on the island, which is losing population, to find people to work in Ohio, Iowa and Nebraska. More »

Google Unveils $13 Billion in New Data Center Construction for 2019 - Data Center Frontier

Google will build new data centers in Texas, Ohio, Nevada and Nebraska as part of a major expansion of its Internet infrastructure in 2019, More »

Virginia’s Economy Weathers the Storm in Its Statehouse - The New York Times

As politicians across the country demand a change in Virginia’s embattled leadership, business leaders are largely sticking to the sidelines. More »

This Thriving City—and Many Others—Could Soon Be Disrupted by Robots - WSJ

Automation might not mean lower employment overall, but it can still take away jobs as it notches gains in productivity More »

How to get the 5 generations in the workforce to work together - Fast Company

How to get your boomers and your gen-Zers (and everyone in between) on the same page, despite very different styles. More »

Infographic: Visualizing the World's Busiest Ports - Visual Capitalist

An estimated 90% of world trade is facilitated by maritime shipping, and as trade volumes continue to increase, the world’s busiest ports continue to grow larger and more efficient to meet demand. More »

Mazda-Toyota skipped N.C., but state still has $1.6 billion up for grabs - Automotive News

In late 2017, North Carolina economic development officials jumped into the competition for a new Mazda-Toyota assembly plant in a big way. More »

New Investors Boost Construction, Competition in Data Center Sector - Data Center Frontier

The rapid growth of cloud computing has attracted new types of investors in the data center industry, who are eager to capitalize on the sector’s success. These new investors are creating new companies to compete for cloud business, and investing in data center construction in leading markets. More »

Tech Talkin’ Govs part 5: Tax incentives, clean energy, help for higher ed strike note in governors' addresses - SSTI

More than half of the governors have now delivered their state of the state addresses, and TBED initiatives continue to play a prominent role in their plans. Higher ed’s affordability and/or role in the workforce are concerns in Montana, South Carolina, Utah and Vermont. Maryland is looking at clean energy and higher education. Utah is also grappling with burgeoning growth while Vermont considers measures to increase its workforce. More »

Beyond Beer, Bread and Bicycles: The Industrial Return To the City - Newgeography.com

On the West Coast, expect to see these urban industrial companies locate in Vancouver BC's South False Creek and Strathcona neighborhoods, Seattle's Georgetown and SoDo, Portland's Central East Side, and south and east of LA's Arts District. That industry has already gone between downtown LA and LAX, with SpaceX locating on Rocket Rd. in the industrial suburb of Hawthorne. More »

Why Bringing High-Tech Manufacturing Back To The U.S. Is So Difficult - Forbes

In 1993, I was in my second year of business school at the MIT Sloan School of Management and I distinctly remember a spirited discussion about a BusinessWeek cover article titled “The Virtual Corporation. More »

The Messy Technological Roots Of The U.S. Trade War With China - Iowa Public Radio

Intellectual property thefts that were once considered petty are a mounting cost for the U.S. economy — at least $225 billion and at most $600 billion annually, according to a National Bureau of Asian Research report — and China is one the biggest offenders. More »

Next big cities for innovation, entrepreneurs: AOL co-founder Steve Case - Fox Business

AOL co-founder and former CEO Opens a New Window. Steve Case said the free enterprise cluster is highly concentrated on the West Coast and should be leveraged across the United States. More »

Kentucky bourbon: How spirits industries impact the economy - Courier-Journal

In the past decade, Kentucky's distilling industry has added more than 10,000 new jobs, opened more than 40 new distilleries and increased its annual economic output by more than $3 billion — making it the nation's top player in alcohol production and employment, according to a new economic report. More »

Millennials, Gen Z and the Coming Youth Boom Economy - Morgan Stanley

As Gen Z joins Gen Y in the workforce, the two cohorts could deliver a sizable jolt to U.S. GDP, consumption, wages, and housing—and put the U.S. well ahead of its G10 peers. More »

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