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T&ID examines new site selection and development factors facing food and agriculture, aerospace and automotive technologies. Companies across the country have altered their business models and their supply chains to meet urgent new needs in a changing business landscape. In this issue, we'll share insights into the ways industries have pivoted to adapt to an innovative business landscape. We’re also highlighting how six states – Alabama, Illinois, Indiana, Maryland, Mississippi and South Carolina – are meeting the challenges of today and tomorrow.
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Featured Location
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The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community and talent development with the focus on growing Michigan’s economy.
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Featured Articles
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2022 Brings Unique Challenges to the Global Supply Chain
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As we approach a third year of COVID-19, businesses are still facing supply chain disruptions. There is no single root cause for the problem. We began with initial shutdowns in China that shuttered factories, subsequent shutdowns in the U.S., shipping routes snarled at sea and inland ports, extreme weather and labor shortages.
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America's Ports and Depots Broaden Access to Markets
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2021 was in interesting year for the nation’s ports and depots. The pandemic led to a surge of goods purchasing. Many of these goods were ordered via online channels. In essence, American consumers’ relentless desire to purchase things broke the supply chain in 2021, resulting in delay and congestion at many of the nation’s ports.
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Aluminum Gets Stronger Under Global Pressure
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Volatility in aluminum prices over the past decade resulted in many starts and stops in investment, with aluminum site selection activity trailing the commodity booms and busts. Today, aluminum is at its highest price in over a decade: $3,021 per ton as of February 2022, with a 37 percent increase since January 2012.
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The Dizzying, Inevitable Evolution of a Post-Pandemic Supply Chain
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Businesses navigating logistics disruptions seek a lifeline in the form of supply chain assessments, optimization and logistics. There is a high level of urgency, since an inability to deliver the goods risks a loss of market share. There is also interest in investing in assets and solutions to address supply chain disruptions.
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