Machinery Keeps On Churning
11 Apr 2022
After a desultory 2020 for all the obvious reasons, global corporate facility investment activity was back with a vengeance in 2021, with logistics nearly taking the crown perennially reserved for machinery & equipment as the top industry for total projects.
That’s one conclusion to draw from the project data resident in Site Selection’s proprietary Conway Projects Database. Populated all year long by Conway’s research and analytics team, the database documents corporate facility location and expansion activity involving new construction that meets at least one of these three criteria: a minimum of $1 million invested, 20 new jobs created or 20,000 new sq. ft. of space.