Q4 2024 | Trade and Industry Development

Q4 2024

Trade & Industry Development Magazine

Q4 2024 issue cover

As advanced manufacturing becomes more high-tech, site selection needs to change. The biotech industry has an acute need for well educated workers and clean manufacturing environments to support its complex processes. At the same time, industries are wrestling with how best to apply artificial intelligence (AI) to save time and costs but keep the human touch. In this issue, we discuss the evolving framework for site selection in industries including advanced manufacturing and biotech and address the urgent need for a properly trained workforce.

In this issue

The Advanced Manufacturing Production Tax Credit: Maximize Your Opportunities

BY: Tom Bayer

The tax credit aims to boost domestic production of key energy components, offering substantial financial benefits to those who qualify. Regulations around this credit were proposed in late 2023, and it is crucial for manufacturing executives to determine if they are eligible for the credit and to analyze their operations to fully benefit from the credit. more....