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Biotechnology, Agriculture & Food Issue Preview
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To say that 2020 has proved to be challenging to business and industry might be one of the understatements of the century. Most of the world was blindsided by the global COVID-19 pandemic and there was not a sector of the economy that went untouched. But our country is nothing if not nimble and adaptive, and vital industries such as food production, aerospace and automotive, our themes for this issue, began rethinking their supply chains, leading to an avalanche of reshoring plans, with the intention of bringing at least some of that production back to the U.S. In this issue, professionals are sharing their insights on all the ways the country’s industries have pivoted to adapt to the new reality. We can all learn from them.
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Featured Location
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NESA is South Carolina regional economic development group. Located at the exact midway point between New York and Miami, 60% of the U.S. population is within a day’s drive of the region. With plenty of greenfield, an affordable selection of existing buildings, low cost of living and skilled work force, come see why we are South Carolina’s business corner.
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Featured Articles
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Mining Talent in Cell and Gene Therapy Manufacturing
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Cell and gene therapies are a booming subsector of the biological drug industry and hold the promise of restoring patient functions lost to degenerative diseases. Newly approved cellular therapy products include immunotherapies, vaccines and other types of autologous (personalized for a single patient) and allogeneic (mass produced) cell therapies.
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Maximize the Shelf Life of Your Food Plant
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Food manufacturers constantly juggle cost control with the technology, standards and innovation required to command the trust of the consumer. Changing consumer tastes, price swings, food safety standards, an increasingly stringent regulatory environment and speed to market demands—to name a few—all impact this sensitive segment of the economy.
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Consider the Options in Medical Manufacturing Site Selection
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The global market for the medical device and equipment manufacturing industry, also known as Medtech, is estimated to reach $409.5 billion by 2023. Currently, the United States is the world’s largest medical device market, representing 40 percent of the global industry, with exports surpassing $41 billion, according to the data from SelectUSA.
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Feeding the Economy
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Food and agricultural processing not only provide fuel for appetites. The prodigious output is also fueling economies throughout the U.S. These companies are turning raw agricultural products into countless consumables and supporting entire supply chains. Learn more about how agribusiness is driving economic development in specific communities.
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