The availability and reliability of electric and natural gas utilities should be a top concern for project stakeholders during the site selection process for new factories, warehouses, and other industrial buildings. As modern industrial facilities trend toward more automation, finding or constructing buildings that can handle the increased power needs of automation technologies is essential. Yet, locating sites capable of supporting heavy automation is an ongoing challenge in the United States as businesses seek to reshore operations and build resiliency into supply chains. The New ... Read More

Former GE Plant Gets New Life With Global Vehicle Parts Manufacturer’s $32 Million Investment As first published by Allen Johnson & Christian Taylor for CoStar. The revival of a former General Electric plant has shown the strength of the Roanoke, Virginia industrial market with a big new tenant and plans for expansion. STS Group, a global supplier of vehicle parts, signed a 15-year lease at 1501 Roanoke Blvd.in Salem, Virginia. The German company seeks to establish its North American headquarters and a manufacturing operation on ... Read More