July-August 2014 Editor’s Letter
04 Aug, 2014
Investments in Infrastructure and Surroundings Take on New Meanings
“Successful communities are attractive to successful companies,” says Jason Bechtold, economic development administrator, city of Westerville, Ohio. When the city’s officials established the WeConnect community data center, they were making an investment in themselves. “Businesses like to see this — there is a rate of return associated with those investments,” Bechtold adds.
“Answers to Data Questions are in the Cloud” outlines whether you are looking to implement a hybrid solution for storing data, with an on-premise solution and a colocation solution, there are no shortage of communities and options to cost-effectively manage increasing volumes of data.
Cost-effectively managing the cost of utilities is important to companies, particularly heavy users of energy, such as manufacturers. The nation’s healthy domestic oil and gas sector has resulted in lower energy prices, and a PwC survey says U.S. manufacturers could save more than $11 billion a year just on natural gas expenses by 2025.
“The Oil and Gas Boom Continues” highlights leading energy industry clusters, from Pennsylvania to North Dakota to Texas, and how economic development officials are assisting these companies with their expansion activities.
The flurry of energy-related activities in the United States impacts the nation’s seaports, which are sprinting to establish infrastructure to support the increases in these activities, as well as the increases expected with the completion of the expanded Panama Canal. Community and public partners in and around seaports received a boost earlier this year when the Water Resources Reform and Development Act was passed by Congress.
“Strong Seaports Critical to Accessing Global Markets” says these improvements create competitiveness, which is important to those looking to use the waterborne transportation system as cost effectively as possible.
Corporations have long invested in their communities by sponsoring events and volunteering for local charities, among numerous activities. These investments take on a new meaning when it comes to positively impacting the neighborhoods in which they reside. Companies are creating valuable public gathering assets, which also support their talent attraction and retention efforts.
“Companies that are engaged in their downtowns as DTE is in Detroit and many others can really influence the way our employees, our customers and business partners view us and how they interact with the city,” says Randi Berris, spokeswoman, DTE Energy Co. In “Corporations Activate Community Spaces” we learn the value of vibrant public spaces isn’t lost on corporate leaders.
Editor in Chief