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SelectGlobal, LLC Newsletter | February 2024 |
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Welcome!
You are receiving this newsletter because you have either expressed an interest in SelectGlobal, LLC or are already working with SelectGlobal,
LLC.
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SelectGlobal, LLC Recent Activity: |
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February 15, 2024 The past six weeks have been a roller coaster. While we had hoped to get to the published events, we have been burning the candle at two ends leaving the cobbler's kids having no shoes. |
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Project Daphne: Site Selection and business consulting for an energy related manufacturing facility. Last month we narrowed the initial search to a few locations and also visited two more possible locations. We have started the due diligence on two primary sites. As part of our work, we have been researching and discussing local incentives, project phases, detailed site analysis, lease discussions, HVAC and other energy upgrades, and transformer availability as well as financing options.
While negotiations are ongoing, our NDA limits what we can say, but what we can tell you is that this project brings together the best of industry, community, and economic development wrapped in a favorable access to capital program blending both U.S. and international incentives.
We can't wait until we are allowed to tell you more!
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Market Entry Consulting: Two eastern European companies looking to expand operations in the USA: One is looking at a $20 mm expansion in the Pacific Northwest, and the other is looking at a $100 mm greenfield investment in the southern states. Both are working out their 2024 action plans and we should have an update later in Q1, 2024.
New energy related facility in S.E Asia by U.S. Company: Preliminary stages with gathering information about target area, local incentives, and using both the EXIM Bank, DFC, and the target county's EXIM for assistance.
Market entry and expansion in the U.S. South: Seasoned international advanced manufacturing company looking for opportunities for expansion and/or acquisition in the American South. Early stages, developing scope and program requirements.
EDO Consulting:
We continue to work with an Area Having Jurisdiction (AHJ) / unit of government in Texas to fine tune their local incentives and descriptions of their 3pl+ service offering to an international market. In the past month we have been reviewing their incentive options and comparing them to adjacent states.
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If you would like to learn about any of our programs or schedule a time to discuss a new FDI project, please give us a call!
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Upcoming Events and Conferences
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Tuesday March 5, 2024, 1730-2000 CST
Chicago Propeller Club: After Hours Networking Event
Location: University Club of Chicago, Chicago, Illinois
The Chicago Propeller Club is the home of maritime industry networking in Illinois, the Great Lakes and Mid-West inland waterways regions.
After a 16-year absence, The Chicago Propeller Club is being rechartered. The club will be part of the International Propeller Club the biggest maritime networking organization in the world with 70 chapters and 5000 members. A resurgent Chicago Propeller Club can strengthen our maritime community, building closer relationships, creating opportunities for our members while driving investment into Chicago and the Mid-West from a $3 trillion global industry.
This is the first of four networking events planned for 2024.
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Wednesday, March 6, 2024 · 11:45am - 2pm CST
ITAGC: GLOBAL MINIMUM TAX: BE PREPAREDLocation: Carlucci's Rosemont, Illinois
Speakers: Sam Barrett, Managing Director, Operating Model Effectiveness and Corey Carr, Senior Manager, International Tax and Transaction Services, EY (Ernst & Young) who will discuss the impacts of the GMT on all companies and what your organization should be focusing on now to best prepare.
Luncheon Program and Executive Briefing sponsored by the International Trade Association of Greater Chicago. The OECD’s Base Erosion and Profit Shifting (BEPS 2.0) project and its imminent implementation by over 140 countries globally, is the most material and fundamental change to the global international tax system ever. These changes will have many implications for U.S. multinationals and their suppliers, necessitating a reevaluation of data systems, structures and supply chains, tax obligations and approach to risk, controversy and more. ITAGC Members - $55; Non-members - $75.
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2024 Business Facilities LiveXchange |
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The 2024 Business Facilities LiveXchange will be held in during March 2024 in Richmond, Virginia.
Business Facilities LiveXchange brings together executives at growing companies, leading location advisors and economic developers for two days of site selection education and networking.
If there was one event that expanded the reach of SelectGlobal, last year's event was it. Michael is looking forward to reconnecting with EDOs that SG is currently working with and learning more about new regions.
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SelectUSA Investment Summit
2024 |
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The 2024 SelectUSA Investment Summit will be held June 23-26, 2024, at the Gaylord National Resort and Convention Center, National Harbor, MD.
Applications to attend are now open! SelectUSA Home (trade.gov)
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Recap of Recent Events and Conferences
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While we had hoped to get to the published events, we have been burning the candle at both ends and the cobbler's kids now have no shoes. We have a healthy travel schedule coming up and we look forward to posting from the road. Check out our LinkedIn Page to follow along!
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SelectGlobal, LLC provides foreign direct investment (FDI) solutions.
Our mission is to bring together all parties to assemble new ventures, projects, and foreign direct investment to help rebuild and redevelop communities. Our vertically integrated FDI platform helps businesses identify and take advantage of global market opportunities and helps local municipalities attract foreign direct investment.
Our team boasts a wealth of expertise spanning diverse industries, sectors, and regions, enabling us to offer strategic insights, guidance, and effective solutions to our clients. However, our true strength lies in our extensive business and government relationships, not only in the United States, but also across the globe.
Are you ready to unlock the potential of global markets? Let us help you identify global opportunities, enter new markets, and make a positive impact on local economies. Let's work together to build a brighter future for your business and the communities that you'll support. |
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If you were forwarded this newsletter from a friend and would like to formally opt in to SelectGlobal, LLC and be a part of the process in bringing together businesses, municipalities, and capital to assemble new ventures, projects, and foreign direct investment to help rebuild and redevelop communities, click below: |
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