$1.9 Billion in Subsidies Not Enough For Samsung to Choose New York

Samsung was offered $1.9 Billion in incentives to locate their new US-based chip plant in Genesee County, New York.

However, they decided to locate in Taylor, Texas. Taylor offered a $981 Million package. The facility is expected to bring 1,800 Samsung jobs to the community.


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This post is based on the Investigative Post article, Samsung turned down subsidies worth $1.9B, by […]

By |2022-02-05T07:21:32+00:00February 5, 2022|Tags: , |

Miniaturization of Warehouses for Retail Giants

Rick Cohen knows how a warehouse should work.

He grew up in the wholesale grocery business and spent much time observing warehouse operations. His ability to spot inefficiencies led him to develop technological solutions for the family business, C&S. In 2007, he partnered with a robotics expert, founded a company named Symbotic, and later introduced a robot prototype at a C&S warehouse. In 2014, Target became the first outside customer of the system and was followed by Albertsons. Walmart is the […]

Tyson Foods Expands Capacity in Virginia

Tyson Foods, Inc., will invest $300 million in Danville, Virginia to build a 325,000 square-foot production facility for the company’s fully cooked products such as Chicken Nuggets.

The production facility’s location decision is heralded as a win-win for Tyson Foods and Danville, Virginia.


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This post is based on the Food Business News article, Tyson Foods to invest $300 million in […]

Surging Productivity: A Potential Silver Lining to the Pandemic

The quick adoption of new technologies during the pandemic has boosted productivity.

This boost could trigger economic growth and benefit everyone for several years as government investment in infrastructure provides further impetus to accelerate the pace of innovation in the workplace. The pandemic had already forced companies to do more with less; the changes in work methods and processes are here to stay. A surge in productivity could alleviate concerns about inflation and ensure a higher standard of living in the […]

By |2021-09-08T15:42:49+00:00September 9, 2021|Tags: , , , |
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