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'description' => 'With a population of more than five million, Alabama is becoming a thriving center of business, thanks a deep pool of highly skilled workers, its low cost of living, and high quality of life. In the last few years, the state has stepped up efforts to attract more foreign investment, particularly from Japan.',
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'content' => '<p>With a population of more than five million, Alabama is becoming a thriving center of business, thanks a deep pool of highly skilled workers, its low cost of living, and high quality of life. In the last few years, the state has stepped up efforts to attract more foreign investment, particularly from Japan.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%209-AL%20Dept%20of%20Commerce-Greg%20Canfield.jpeg" alt="" />
<figcaption class="image-caption">Alabama Department of Commerce Secretary Greg Canfield</figcaption>
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<p>Already home to familiar Japanese brands, like Toyota, Mazda, Nissan, Mitsubishi, Honda, and Daikin, Alabama is keen to add to its roster of Japan-based companies and diversify its profile beyond the automotive sector.</p>
<p>“We certainly believe that reinvestments and new investments continue to pour into the sector with the increase in electric vehicles and the related technological changes that are coming,” <a href="https://www.madeinalabama.com/" target="_blank" rel="noopener">Alabama Department of Commerce</a> Secretary Greg Canfield told GMI POST.</p>
<p>According to Canfield, new businesses in Alabama should be focused on metals and advanced materials as they have a lot to do with the automotive sector, as well as with the aerospace sector, where the U.S. and Japan already have a thriving partnership.</p>
<p>“Alabama's strategic strength in space and aerospace presents itself as a potential opportunity for Japanese companies looking to expand their footprint in the U.S. We plan to spend some effort in that regard as well. We believe that it's time for us to work closely with our Japanese partners to capture some of their knowledge base,” he said.</p>
<p>Because of the presence of leading research universities, Alabama can become a secondary market for product development.</p>
<p>“I certainly think that Alabama and Japan have proven themselves to be great partners. Our workforce has learned a lot from our Japanese partners in terms of operating efficiently, focusing on quality, and challenging our operations,” Canfield said.</p>',
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<p>“We offer that small town feel wherein everybody knows your name, yet the manufacturing that happens here does business all over the world. We have small manufacturing companies here with anywhere from 50 employees on the low end to 175 employees on the high end. They find it really easy to do business here as they are able to ship their products anywhere in the world. We're selling our location and the small town feel. But, we are near major interstates and the amenities offered in bigger areas,” he added.</p>
<p>Cowan points out that more businesses have considered quality of life when scouting for their next location.</p>
<p>“We are pushing our quality of life here. The actual truth is that we are investing in ourselves and building new parks. We are passing school bonds to make our schools better. It is really that simple. We want to be a great place where people want to live,” Cowan said.</p>
<p>It appears that Chickasha County’s efforts is paying off. Through business-friendly policies and significant investments in its public infrastructure and manpower, the county welcomed new businesses over the last two years amid the height of the Covid-19 pandemic.</p>',
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'content' => '<p>Located some 32 km south of the Port of New Orleans along the Mississippi River, Plaquemines Port Harbor in Louisiana is an ideal jumping-off point for oil and gas, grain, chemicals, coal, and other containerized goods headed for the United States or elsewhere in the world.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%2010-Plaquemines%20Ports%20-Aerial.jpeg" alt="" />
<figcaption class="image-caption">Plaquemines Port Harbor and Terminal, which provides access to 31 states, is positioning itself as a vital cargo distribution point.</figcaption>
</figure>
<p>With 14 major anchorages, as well as thousands of properties ready for the development into container ports, bulk and break operations, and docks, <a href="https://www.portofplaquemines.com/" target="_blank" rel="noopener">Plaquemines Port Harbor and Terminal</a> is committed to find solutions to supply chain hitches that might have turned away interested investors from Japan or other countries.</p>
<p>The intent of the port’s location is to take advantage of the newly dredged lower end of the Mississippi River and to market its matching aperture with the Panama Canal as its new strength. When Covid hit, it just exacerbated the problem. The businesses were relying pretty much on just one or two supply chains coming from the East and West Coast into the interior of the United States. (Covid) pushed the need for this.</p>
<p>Meanwhile, Plaquemines Port’s developer prioritized improvements to the harbor, such as the utilization of commercial basins and the development of new critical infrastructure.</p>
<p>However, before it could create that new conduit and accelerate delivery times, Plaquemines Ports first had to understand the needs of its customer base and look into all their differing requirements.</p>
<p>As the Gulf of Mexico becomes an increasingly relevant access point to additional resources for the U.S. and Asian markets, Plaquemines Port Harbor and Terminal has stepped up efforts to modernize its facilities and utilize the Mississippi River as its best asset. In the end, any of its partners in Japan or anywhere in the Asian market must have better access to and control over the distribution of their products and goods in the United States.</p>',
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'id' => '545314',
'title' => 'Militzer & Munch Serbia: Three years of connecting Serbia with the world',
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'description' => 'In 2019, Militzer & Munch launched its operations in Serbia with a team of only 20 people. Today, the German logistics company employs more than 220 and has become one of the biggest players in transportation and logistics in the Balkan region. ',
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'url' => 'militzer-munch-serbia-three-years-of-connecting-serbia-with-the-world',
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'content' => '<p>In 2019, Militzer & Munch launched its operations in Serbia with a team of only 20 people. Today, the German logistics company employs more than 220 and has become one of the biggest players in transportation and logistics in the Balkan region.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%205-Militzer-and-Munch-Serbia-Filip-Simovic.jpg" alt="" />
<figcaption class="image-caption">Militzer & Munch Serbia CEO Filip Simovic</figcaption>
</figure>
<p>“Good connections. Good service. You can’t have this kind of growth without both,” said <a href="https://www.mumnet.rs/en/home/">M&M Serbia</a> CEO Filip Simovic, who attributes that success also to how the company surmounted every challenge caused by countrywide lockdowns at the height of the COVID-19 pandemic, such as surging demand for logistical services and supply chain bottlenecks.</p>
<p>What’s next for Militzer & Munch in Serbia?</p>
<p>With the continued influx of foreign multinational companies in the country, Simovic believes M&M Serbia needs to strengthen its existing relationships and form partnerships with new clients, while living up to its global reputation as a trustworthy, reliable and safe handler of goods.</p>
<p>To achieve that, the chief executive also told GMI POST that M&M Serbia is investing a lot in automation to minimize human error and deliver faster, more effective logistical solutions.</p>',
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'id' => '545322',
'title' => 'Takeda celebrates a decade of broadening healthcare access in Serbia',
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'description' => 'Japanese multinational pharmaceutical company Takeda is revolutionizing healthcare in Serbia by introducing digitalization projects and new technologies that have improved access to healthcare for millions of people in the country.',
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'url' => 'takeda-celebrates-a-decade-of-broadening-healthcare-access-in-serbia',
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'content' => '<p>Japanese multinational pharmaceutical company <a href="https://www.takeda.com/" target="_blank" rel="noopener">Takeda</a> is revolutionizing healthcare in Serbia by introducing digitalization projects and new technologies that have improved access to healthcare for millions of people in the country.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%206-Takeda-Milena%20Argirovic.jpg" alt="" />
<figcaption class="image-caption">Takeda Director and Country Head for Serbia Milena Argirovic</figcaption>
</figure>
<p>Takeda Serbia Director and Country Head Milena Argirovic shared with GMI POST how Asia’s largest pharmaceutical has strengthened Serbia’s healthcare system over the past 10 years and how it wants to provide full value to the country.</p>
<p>“Our priority is to introduce innovations that support biotechnology and data utilization in healthcare,” said Argirovic, who reaffirmed Takeda’s commitment to work closely with the government and various sectors to deliver a healthier future.</p>
<p>Takeda is grateful for the cooperation of Serbia’s private and public sectors, including the Office for IT and eGovernment and the Ministry of Health, as well as Heliant company, in the creation and the implementation of telemedicine and telehealth services, the first ever of its kind in Serbia. Through a video call, any Serb, regardless of location, can undergo medical examinations or have a consultation.</p>
<p>On Takeda’s future plans in Serbia, Argirovic is most excited about further driving health and biotech innovation across various sectors to expand access to quality healthcare.</p>
<p>Among its efforts in Serbia are projects with the Ministry of Science, Institute for Molecular Genetics and Genetic Engineering, Institute for Artificial Intelligence, the Centre for the Fourth Industrial Revolution, and the BIO4 Campus, a new bio-economic camp in Belgrade that focuses in biomedicine, biotechnology, bioinformatics, and biodiversity.</p>',
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'id' => '545323',
'title' => 'Sirogojno Co.: Sharing the best Serbian fruits with the world',
'description_old' => null,
'description' => 'Having stayed a family-owned and run business for more than 30 years, Sirogojno Co. believes its success can be attributed to the deeply-embedded respect for the local community. GMI POST met with Head of Sales and Purchasing Djordje Ljubojevic to find out the company's secret and what lies ahead for the country's leading exporter of frozen and dried fruit.',
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'content' => '<p>Having stayed a family-owned and run business for more than 30 years, <a href="https://www.sirogojno-company.com/en/" target="_blank" rel="noopener">Sirogojno Co.</a> believes its success can be attributed to the deeply-embedded respect for the local community. GMI POST met with Head of Sales and Purchasing Djordje Ljubojevic to find out the company’s secret and what lies ahead for the country’s leading exporter of frozen and dried fruit.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%206-Sirogojno%20Co.jpeg" alt="" />
<figcaption class="image-caption">Sirogojno Head of Sales and Purchasing Djordje Ljubojevic</figcaption>
</figure>
<p>“The company came about from one simple question: How can we help the local community? That has remained the company’s guiding mission since it was founded in 1991,” recalled Ljubojevic.</p>
<p>By supporting the sustainable farming practices of its home village of Sirogojno in the Mount Zlatibor region in western Serbia, Sirogojno Co. is able to share some of Serbia’s best products with the rest of the world. Also, the company helps hundreds of female knitters in the village by selling their handmade wool garments in Serbia and around the world.</p>
<p>“Our markets are mainly Western Europe, the U.S., Canada, Australia, India, and Japan,” said Ljubojevic, who takes pride that Sirogojno’s products can now be found in more than 35 countries and have become synonymous with high quality and safety.</p>
<p>Ljubojevic hopes to see more international investors come to Serbia because the country has a lot to offer.</p>
<p>“Serbia is a country of great natural beauty. There are a lot of opportunities here,” Ljubojevic said.</p>',
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'id' => '545324',
'title' => 'State Sen. McMahan: Improving the economy though wise spending',
'description_old' => null,
'description' => 'Mississippi has kept its doors wide open to international investors, aware that the southern state possesses many advantages that will attract a diverse range of industries, both traditional and advanced.',
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'url' => 'state-sen-mcmahan-improving-the-economy-though-wise-spending',
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'content' => '<p>Mississippi has kept its doors wide open to international investors, aware that the southern state possesses many advantages that will attract a diverse range of industries, both traditional and advanced.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%209-MI%20Senator%20Chad%20McMahan.jpeg" alt="" />
<figcaption class="image-caption">Mississippi State Senator Chad McMahan</figcaption>
</figure>
<p>With his experience as a worker in the manufacturing sector and representing the northern half of Lee County, the most heavily industrialized part of the state, State Senator Chad McMahan is well-positioned to talk about why Mississippi is the ideal location for investment and new businesses.</p>
<p>“I want to be sure that the investments we are making in public education, artificial intelligence, and broadband internet will provide our young people the opportunity to have great career opportunities. I am so thankful for Japanese companies that are doing business here in Mississippi,” McMahan said.</p>
<p>Outlining the positive attributes of Mississippi, the state senator spoked about the hospitable nature of local residents, the affordability of land prices, the affordable cost of living, good weather all year, and the strong, capable workforce.</p>
<p>Despite the low cost of living, Mississippi has outperformed other states in terms of quality of life and worker productivity, according to McMahan, who pointed out the presence of Toyota’s manufacturing plant in Blue Springs, where the car maker is able to churn out more than a million car parts units faster than any other Toyota facility in the world.</p>
<p>McMahan also assured potential investors that Mississippi was a fruitful location for business because the local workforce is welcoming and hardworking, and him and his colleagues stay committed to invest every tax dollar work into the state and its public infrastructure and education system.</p>',
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'id' => '545325',
'title' => 'Envision AESC: Driving down the road of sustainability',
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'description' => 'With the growing awareness of environmental issues across the globe, every country has begun implementing measures to cut its own carbon emissions, among them government policies to phase out gasoline- and diesel-powered vehicles and encourage ownership of electric cars.',
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'url' => 'envision-aesc-driving-down-the-road-of-sustainability',
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'content' => '<p>With the growing awareness of environmental issues across the globe, every country has begun implementing measures to cut its own carbon emissions, among them government policies to phase out gasoline- and diesel-powered vehicles and encourage ownership of electric cars.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Envision%20AESC-Jeff%20Deaton.jpg" alt="" />
<figcaption class="image-caption">Envision AESC Managing Director Jeff Deaton</figcaption>
</figure>
<p>And as electric vehicles become more popular, the technology to make them viable for safe, long-distance travel has developed rapidly. Leading the field is <a href="https://www.envision-aesc.com/en/" target="_blank" rel="noopener">Envision AESC</a>, which has announced plans to expand its electric battery plant in Bowling Green, Kentucky. The company built its first U.S. in Smyrna, Tennessee and confirmed a third plant in South Carolina.</p>
<p>“Envision AESC is one of the world's leading lithium-ion battery manufacturing companies. We're headquartered in Japan and we're committed to research and development, design, manufacturing, and sales of high power batteries for electric vehicles as well as for energy storage applications,” said Envision AESC US Managing Director Jeff Deaton.</p>
<p>Starting out as a joint venture between Japanese giants Nissan Motor and NEC, Envision AESC has changed ownership but has evolved into a global powerhouse in the field of EV battery production. It employs more than 5,600 people in more than a dozen manufacturing and engineering plants, and R&D centers in Japan, China, the US, France, Spain and the UK.</p>
<p>“We work with a lot of strategic partners to develop these high performance batteries. Very high performance in terms of quality, safety, cost, reliability,” said Deaton, who takes particular pride in the company’s zero-critical incident record.</p>',
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'title' => 'Campbellsville University, KY: No limits to growth',
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'description' => 'Founded in 1906, Campbellsville University is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.',
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'content' => '<p>Founded in 1906, <a href="https://www.campbellsville.edu/" target="_blank" rel="noopener">Campbellsville University</a> is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Campbellsville%20University-Joseph%20Hopkins.jpg" alt="" />
<figcaption class="image-caption">Campbellsville University President Dr. Joseph Hopkins</figcaption>
</figure>
<p>“We opened a center not too long ago in Los Angeles and are opening in Canada as well. Our mindset is to reach out and find deserving, qualified students. I think that's been in our DNA, and it's the same going forward. We want to continue to reach and find the best, the most deserving student who's ready to contribute to society, to contribute to the workforce, and to make a difference,” said Campbellsville University President, Dr. Joseph Hopkins.</p>
<p>Campbellsville is committed to bringing together a spirit of innovation, a wide network of learning, and a diverse range of academic programs and learning opportunities.</p>
<p>“Campbellsville University has a wonderfully hospitable environment for students, faculty, and industry partners from other countries. I don't know of another institution with such diverse potential,” Hopkins said.</p>
<p>“We have students from 92 different countries. The connect the community to the world and make current international events personal. This is our family, and what happens in their culture happens to all of us,” he added.</p>
<p>Meanwhile, Hopkins is most excited about the university’s relationship with Japanese because of the wealth of opportunities for partnerships and friendships. As the hotbed of technological innovation, Japan should benefit from Kentucky’s status as the country’s capital of electric vehicles.</p>
<p>“The realm of technology and technology management could be a really rich place. We've always had a strength in the management areas for different fields, whether it be healthcare, technology, or engineering. We'd like to continue to explore those opportunities,” he said.</p>',
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'id' => '545327',
'title' => 'The "extremely successful" joint venture of Mitsubishi Electric and Trane Technologies',
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'description' => 'Foresight and persistence have paid off in Georgia. Started by then governor Jimmy Carter before he was elected to the White House, the state deepened its connections with Japan through the promotion of its extensive assets, business-friendly policies, highly-skilled workforce, all of which appealed to Japanese expatriate communities on both sides.',
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'content' => '<p>Foresight and persistence have paid off in Georgia. Started by then governor Jimmy Carter before he was elected to the White House, the state deepened its connections with Japan through the promotion of its extensive assets, business-friendly policies, highly-skilled workforce, all of which appealed to Japanese expatriate communities on both sides.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-Mitsubishi%20Electric%20Trane%20HVAC-Mark-Kuntz.jpeg" alt="" />
<figcaption class="image-caption">Mitsubishi Electric Trane HVAC US CEO Mark Kuntz</figcaption>
</figure>
<p>For 50 years, a rising number of Japanese companies, like YKK, TOTO and Mitsubishi Electric, have selected Georgia as their second home, convinced that the state had the right mix of conditions to ensure success.</p>
<p>“We’ve hit our revenue and profitability targets and last year, we exceeded them dramatically. It was a year in which we grew 34% and saw our market share expand. We’ve built tremendous momentum coming into this year. It’s been a good run and the acceleration seems to continue,” said Mark Kuntz, CEO at <a href="https://www.metahvac.com/" target="_blank" rel="noopener">Mitsubishi Electric Trane HVAC US</a>, a joint venture set up in 2018 between Mitsubishi Electric and Trane Technologies.</p>
<p>It was an “extremely successful” joint venture, according to Kuntz, who pointed out that Trane had the extensive distribution network needed by Mitsubishi Electric to bring its products to homes and commercial spaces but lacked Mitsubishi Electric’s technological expertise in manufacturing heat pumps.</p>
<p>While around half of Mitsubishi Electric’s products find their way into residences spaces through its contractor network, the other half reaches commercial projects, from small office spaces to high-rise buildings because of Trane’s well developed network of engineers and developers of large-scale projects.</p>
<p>“We have tremendous growth potential here. It’s a large proportion and it’s the one with the largest opportunity to grow even bigger,” Kuntz said.</p>',
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'id' => '545328',
'title' => 'North Carolina's Japan Center seeks more Japanese investors and students',
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'description' => 'Seeing a need to attract more investment and diversify its export products, then North Carolina governor Jim Hunt opened the NC Japan Center in the state capital Raleigh in 1980 to bolster ties between its local residents, businesses, universities, students, and private and public institutions and their Japanese counterparts.',
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'content' => '<p>Seeing a need to attract more investment and diversify its export products, then North Carolina governor Jim Hunt opened the <a href="https://japan.ncsu.edu/" target="_blank" rel="noopener">NC Japan Center</a> in the state capital Raleigh in 1980 to bolster ties between its local residents, businesses, universities, students, and private and public institutions and their Japanese counterparts.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-NC%20Japan%20Center-Jonathan%20Brewster.jpeg" alt="" />
<figcaption class="image-caption">Jonathan Brewster, the NC Japan Center's director of global engagement</figcaption>
</figure>
<p>Being located at North Carolina State University, which is "a large land grant institution," the center recognizes “the natural and logical synergies between academics and industry,” said Jonathan Brewster, the NC Japan Center’s director of global engagement. Apart from business and education, the center also promotes cultural relations between state and Japan.</p>
<p>Over the last three years, North Carolina has seen robust growth in various industries, including food production, food sciences, vehicle assembly, automotive parts, electronic equipment, EV battery manufacturing, as well as storage and warehousing.</p>
<p>The strongest performers though have been in the biotechnology and pharmaceuticals sectors, most notable of which are Japanese-owned FUJIFILM Diosynth Biotechnologies and KBI Biopharma Inc., an affiliate of California-based JSR Life Sciences and Japan-based multinational JSR Corp.</p>
<p>It is not suprising to see the emergence of such industries in North Carolina, which benefits from the confluence of prestigious universities and research centers in the state. Brewster hopes this advantage will attract more Japanese students to North Carolina State University, as well as to other top-ranking educational institutions like Duke University and University of North Carolina Chapel Hill.</p>
<p>“Once Japanese students come to North Carolina, they love it here. They’re very well supported. The cost of living is low. The community here is great. North Carolina has so much to offer Japanese businesses, individuals, and families. We are committed and motivated to welcome them with open arms and support their operations in our state,” he said.</p>',
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'title' => 'Yazaki Group to expand global network with multinational company partnerships',
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'description' => 'The Yazaki Group, established in Japan in 1941, was jolted by the global financial meltdown in 2008, which was triggered by the subprime mortgage crisis that led to the bankruptcy of Lehman Brothers. Keen to move forward in entering the American market, Yazaki looked around the United States for a suitable location for its US head office and chose Georgia in 2009.',
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'content' => '<p>The <a href="https://www.yazaki-corp.co.jp/">Yazaki Group</a>, established in Japan in 1941, was jolted by the global financial meltdown in 2008, which was triggered by the subprime mortgage crisis that led to the bankruptcy of Lehman Brothers. Keen to move forward in entering the American market, Yazaki looked around the United States for a suitable location for its US head office and chose Georgia in 2009</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-American%20Yazaki%20Corp-Yasuo%20Yazaki.jpg" alt="" />
<figcaption class="image-caption">American Yazaki Corp. President and CEO Yasuo Yazaki</figcaption>
</figure>
<p>A manufacturer of plastic mono-layered and multi-layered plastic products, injection molded plastic products and assemblies, Yazaki wanted to be close to its customers and other industry players operating in Georgia, such as Yamaha, Ricoh, Suzuki, Kawasaki, Mitsubishi.</p>
<p>In line with its objective to assist U.S. efforts to go greener, the company has also expanded its products to include fuel tanks that meet EPA and CARB regulations and reduce evaporative emissions from the production of fuel tanks.</p>
<p>“We build their plastic fuel tanks that meet the environmental regulations, as well as a high technology field tank,” American Yazaki Corp. President and CEO Yasuo Yazaki explained about their work for Yamaha and Honda.</p>
<p>Along with fuel tanks, Yazaki also makes toner cartridge bottles for Japan-based imaging company Ricoh.</p>
<p>Although its partnerships are dominated by those with fellow Japanese manufacturers, Yazaki wants to expand its network by partnering with non-Japanese multinational companies.</p>
<p>“I want Japanese companies to understand that there is huge potential in the U.S. There are many industries that are nonexistent even in Japan. For example, we are able to produce over 2 million fuel tanks a year that are used for lawnmowers. We don’t have that industry in Japan,” Yazaki said.</p>
<p>Because of its unyielding commitment to the success of its customers, Yazaki has become a valued supplier to virtually every customer that they supply to in the world. The company remains steadfast in its mission to deliver more quality products and services wherever they are needed in the world.</p>',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,” he said.</p>
<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world’s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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'description' => 'Ontario-based multinational Lee Li Holdings (LLH) CEO Lee Q. Shim told Cambodian Prime Minister Hun Manet in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.',
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'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
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<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
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<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p>
<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country’s top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" />
<figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption>
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<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
<p>“The National University Centre for Trauma represents decades of efforts in refining our trauma care expertise for our injured patients to return to their lives and achieve their dreams. It also aims to prevent trauma from occurring in the first place with data-driven injury prevention efforts,” said <strong>National University Centre for Trauma Director Raj Menon.</strong></p>
<p>In line with this, the hospital has rolled out a multi-disciplinary clinic that provides services for recovering trauma patients and conducts meetings to enhance care, rehabilitation, and psychosocial recovery pathways.</p>
<p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>',
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'description' => 'Founded in 1906, Campbellsville University is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.',
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'content' => '<p>Founded in 1906, <a href="https://www.campbellsville.edu/" target="_blank" rel="noopener">Campbellsville University</a> is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Campbellsville%20University-Joseph%20Hopkins.jpg" alt="" />
<figcaption class="image-caption">Campbellsville University President Dr. Joseph Hopkins</figcaption>
</figure>
<p>“We opened a center not too long ago in Los Angeles and are opening in Canada as well. Our mindset is to reach out and find deserving, qualified students. I think that's been in our DNA, and it's the same going forward. We want to continue to reach and find the best, the most deserving student who's ready to contribute to society, to contribute to the workforce, and to make a difference,” said Campbellsville University President, Dr. Joseph Hopkins.</p>
<p>Campbellsville is committed to bringing together a spirit of innovation, a wide network of learning, and a diverse range of academic programs and learning opportunities.</p>
<p>“Campbellsville University has a wonderfully hospitable environment for students, faculty, and industry partners from other countries. I don't know of another institution with such diverse potential,” Hopkins said.</p>
<p>“We have students from 92 different countries. The connect the community to the world and make current international events personal. This is our family, and what happens in their culture happens to all of us,” he added.</p>
<p>Meanwhile, Hopkins is most excited about the university’s relationship with Japanese because of the wealth of opportunities for partnerships and friendships. As the hotbed of technological innovation, Japan should benefit from Kentucky’s status as the country’s capital of electric vehicles.</p>
<p>“The realm of technology and technology management could be a really rich place. We've always had a strength in the management areas for different fields, whether it be healthcare, technology, or engineering. We'd like to continue to explore those opportunities,” he said.</p>',
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<p>Already home to familiar Japanese brands, like Toyota, Mazda, Nissan, Mitsubishi, Honda, and Daikin, Alabama is keen to add to its roster of Japan-based companies and diversify its profile beyond the automotive sector.</p>
<p>“We certainly believe that reinvestments and new investments continue to pour into the sector with the increase in electric vehicles and the related technological changes that are coming,” <a href="https://www.madeinalabama.com/" target="_blank" rel="noopener">Alabama Department of Commerce</a> Secretary Greg Canfield told GMI POST.</p>
<p>According to Canfield, new businesses in Alabama should be focused on metals and advanced materials as they have a lot to do with the automotive sector, as well as with the aerospace sector, where the U.S. and Japan already have a thriving partnership.</p>
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<p>Because of the presence of leading research universities, Alabama can become a secondary market for product development.</p>
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'Articles' => array(
'id' => '545337',
'title' => 'Chickasha County, OK: Small town, big dreams',
'description_old' => null,
'description' => 'Over the last several years, Oklahoma has seen a rise in the number of families and businesses moving to towns and cities in the rural areas, attracted by the lower cost of living and less stressful lifestyle.
"The thing about Oklahoma is that it's so easy to get around," said Jim Cowan, president and CEO of the Chickasha Chamber of Commerce and Economic Development Council.',
'credit_id' => '48',
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'tags' => 'Japan, US, Oklahoma, Chickasha Economic Development Council',
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'content' => '<p>Over the last several years, Oklahoma has seen a rise in the number of families and businesses moving to towns and cities in the rural areas, attracted by the lower cost of living and less stressful lifestyle.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%2010-Chickasha%20County-Jim%20Cowan.jpeg" alt="" />
<figcaption class="image-caption">Chickasha EDC Director Jim Cowan</figcaption>
</figure>
<p>“The thing about Oklahoma is that it's so easy to get around,” said Jim Cowan, president and CEO of the <a href="https://www.chickashaedc.com/" target="_blank" rel="noopener">Chickasha Chamber of Commerce and Economic Development Council</a>.</p>
<p>“We offer that small town feel wherein everybody knows your name, yet the manufacturing that happens here does business all over the world. We have small manufacturing companies here with anywhere from 50 employees on the low end to 175 employees on the high end. They find it really easy to do business here as they are able to ship their products anywhere in the world. We're selling our location and the small town feel. But, we are near major interstates and the amenities offered in bigger areas,” he added.</p>
<p>Cowan points out that more businesses have considered quality of life when scouting for their next location.</p>
<p>“We are pushing our quality of life here. The actual truth is that we are investing in ourselves and building new parks. We are passing school bonds to make our schools better. It is really that simple. We want to be a great place where people want to live,” Cowan said.</p>
<p>It appears that Chickasha County’s efforts is paying off. Through business-friendly policies and significant investments in its public infrastructure and manpower, the county welcomed new businesses over the last two years amid the height of the Covid-19 pandemic.</p>',
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'section_summary' => 'Over the last several years, Oklahoma has seen a rise in the number of families and businesses moving to towns and cities in the rural areas, attracted by the lower cost of living and less stressful lifestyle.
"The thing about Oklahoma is that it's so easy to get around," said Jim Cowan, president and CEO of the Chickasha Chamber of Commerce and Economic Development Council.',
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'id' => '545338',
'title' => 'Plaquemines Port Harbor and Terminal: Louisiana's link to the rest of the world',
'description_old' => null,
'description' => 'With 14 major anchorages, as well as thousands of properties ready for the development into container ports, bulk and break operations, and docks, Plaquemines Port Harbor and Terminal is committed to find solutions to supply chain hitches that might have turned away interested investors from Japan or other countries.',
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'url' => 'plaquemines-port-harbor-and-terminal-louisianas-link-to-the-rest-of-the-world',
'tags' => 'Japan, US, Louisiana, Plaquemines Port Harbor and Terminal',
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'content' => '<p>Located some 32 km south of the Port of New Orleans along the Mississippi River, Plaquemines Port Harbor in Louisiana is an ideal jumping-off point for oil and gas, grain, chemicals, coal, and other containerized goods headed for the United States or elsewhere in the world.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%2010-Plaquemines%20Ports%20-Aerial.jpeg" alt="" />
<figcaption class="image-caption">Plaquemines Port Harbor and Terminal, which provides access to 31 states, is positioning itself as a vital cargo distribution point.</figcaption>
</figure>
<p>With 14 major anchorages, as well as thousands of properties ready for the development into container ports, bulk and break operations, and docks, <a href="https://www.portofplaquemines.com/" target="_blank" rel="noopener">Plaquemines Port Harbor and Terminal</a> is committed to find solutions to supply chain hitches that might have turned away interested investors from Japan or other countries.</p>
<p>The intent of the port’s location is to take advantage of the newly dredged lower end of the Mississippi River and to market its matching aperture with the Panama Canal as its new strength. When Covid hit, it just exacerbated the problem. The businesses were relying pretty much on just one or two supply chains coming from the East and West Coast into the interior of the United States. (Covid) pushed the need for this.</p>
<p>Meanwhile, Plaquemines Port’s developer prioritized improvements to the harbor, such as the utilization of commercial basins and the development of new critical infrastructure.</p>
<p>However, before it could create that new conduit and accelerate delivery times, Plaquemines Ports first had to understand the needs of its customer base and look into all their differing requirements.</p>
<p>As the Gulf of Mexico becomes an increasingly relevant access point to additional resources for the U.S. and Asian markets, Plaquemines Port Harbor and Terminal has stepped up efforts to modernize its facilities and utilize the Mississippi River as its best asset. In the end, any of its partners in Japan or anywhere in the Asian market must have better access to and control over the distribution of their products and goods in the United States.</p>',
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'id' => '545314',
'title' => 'Militzer & Munch Serbia: Three years of connecting Serbia with the world',
'description_old' => null,
'description' => 'In 2019, Militzer & Munch launched its operations in Serbia with a team of only 20 people. Today, the German logistics company employs more than 220 and has become one of the biggest players in transportation and logistics in the Balkan region. ',
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'url' => 'militzer-munch-serbia-three-years-of-connecting-serbia-with-the-world',
'tags' => 'Japan, Serbia, Militzer & Munch',
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'content' => '<p>In 2019, Militzer & Munch launched its operations in Serbia with a team of only 20 people. Today, the German logistics company employs more than 220 and has become one of the biggest players in transportation and logistics in the Balkan region.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%205-Militzer-and-Munch-Serbia-Filip-Simovic.jpg" alt="" />
<figcaption class="image-caption">Militzer & Munch Serbia CEO Filip Simovic</figcaption>
</figure>
<p>“Good connections. Good service. You can’t have this kind of growth without both,” said <a href="https://www.mumnet.rs/en/home/">M&M Serbia</a> CEO Filip Simovic, who attributes that success also to how the company surmounted every challenge caused by countrywide lockdowns at the height of the COVID-19 pandemic, such as surging demand for logistical services and supply chain bottlenecks.</p>
<p>What’s next for Militzer & Munch in Serbia?</p>
<p>With the continued influx of foreign multinational companies in the country, Simovic believes M&M Serbia needs to strengthen its existing relationships and form partnerships with new clients, while living up to its global reputation as a trustworthy, reliable and safe handler of goods.</p>
<p>To achieve that, the chief executive also told GMI POST that M&M Serbia is investing a lot in automation to minimize human error and deliver faster, more effective logistical solutions.</p>',
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(int) 4 => array(
'Articles' => array(
'id' => '545322',
'title' => 'Takeda celebrates a decade of broadening healthcare access in Serbia',
'description_old' => null,
'description' => 'Japanese multinational pharmaceutical company Takeda is revolutionizing healthcare in Serbia by introducing digitalization projects and new technologies that have improved access to healthcare for millions of people in the country.',
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'url' => 'takeda-celebrates-a-decade-of-broadening-healthcare-access-in-serbia',
'tags' => 'Japan, Serbia, Takeda ',
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'content' => '<p>Japanese multinational pharmaceutical company <a href="https://www.takeda.com/" target="_blank" rel="noopener">Takeda</a> is revolutionizing healthcare in Serbia by introducing digitalization projects and new technologies that have improved access to healthcare for millions of people in the country.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%206-Takeda-Milena%20Argirovic.jpg" alt="" />
<figcaption class="image-caption">Takeda Director and Country Head for Serbia Milena Argirovic</figcaption>
</figure>
<p>Takeda Serbia Director and Country Head Milena Argirovic shared with GMI POST how Asia’s largest pharmaceutical has strengthened Serbia’s healthcare system over the past 10 years and how it wants to provide full value to the country.</p>
<p>“Our priority is to introduce innovations that support biotechnology and data utilization in healthcare,” said Argirovic, who reaffirmed Takeda’s commitment to work closely with the government and various sectors to deliver a healthier future.</p>
<p>Takeda is grateful for the cooperation of Serbia’s private and public sectors, including the Office for IT and eGovernment and the Ministry of Health, as well as Heliant company, in the creation and the implementation of telemedicine and telehealth services, the first ever of its kind in Serbia. Through a video call, any Serb, regardless of location, can undergo medical examinations or have a consultation.</p>
<p>On Takeda’s future plans in Serbia, Argirovic is most excited about further driving health and biotech innovation across various sectors to expand access to quality healthcare.</p>
<p>Among its efforts in Serbia are projects with the Ministry of Science, Institute for Molecular Genetics and Genetic Engineering, Institute for Artificial Intelligence, the Centre for the Fourth Industrial Revolution, and the BIO4 Campus, a new bio-economic camp in Belgrade that focuses in biomedicine, biotechnology, bioinformatics, and biodiversity.</p>',
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(int) 5 => array(
'Articles' => array(
'id' => '545323',
'title' => 'Sirogojno Co.: Sharing the best Serbian fruits with the world',
'description_old' => null,
'description' => 'Having stayed a family-owned and run business for more than 30 years, Sirogojno Co. believes its success can be attributed to the deeply-embedded respect for the local community. GMI POST met with Head of Sales and Purchasing Djordje Ljubojevic to find out the company's secret and what lies ahead for the country's leading exporter of frozen and dried fruit.',
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'url' => 'sirogojno-co-sharing-the-best-serbian-fruits-with-the-world',
'tags' => 'Japan, Serbia, Sirogojno',
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'content' => '<p>Having stayed a family-owned and run business for more than 30 years, <a href="https://www.sirogojno-company.com/en/" target="_blank" rel="noopener">Sirogojno Co.</a> believes its success can be attributed to the deeply-embedded respect for the local community. GMI POST met with Head of Sales and Purchasing Djordje Ljubojevic to find out the company’s secret and what lies ahead for the country’s leading exporter of frozen and dried fruit.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SERBIA-NL-WK%206-Sirogojno%20Co.jpeg" alt="" />
<figcaption class="image-caption">Sirogojno Head of Sales and Purchasing Djordje Ljubojevic</figcaption>
</figure>
<p>“The company came about from one simple question: How can we help the local community? That has remained the company’s guiding mission since it was founded in 1991,” recalled Ljubojevic.</p>
<p>By supporting the sustainable farming practices of its home village of Sirogojno in the Mount Zlatibor region in western Serbia, Sirogojno Co. is able to share some of Serbia’s best products with the rest of the world. Also, the company helps hundreds of female knitters in the village by selling their handmade wool garments in Serbia and around the world.</p>
<p>“Our markets are mainly Western Europe, the U.S., Canada, Australia, India, and Japan,” said Ljubojevic, who takes pride that Sirogojno’s products can now be found in more than 35 countries and have become synonymous with high quality and safety.</p>
<p>Ljubojevic hopes to see more international investors come to Serbia because the country has a lot to offer.</p>
<p>“Serbia is a country of great natural beauty. There are a lot of opportunities here,” Ljubojevic said.</p>',
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'Articles' => array(
'id' => '545324',
'title' => 'State Sen. McMahan: Improving the economy though wise spending',
'description_old' => null,
'description' => 'Mississippi has kept its doors wide open to international investors, aware that the southern state possesses many advantages that will attract a diverse range of industries, both traditional and advanced.',
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'url' => 'state-sen-mcmahan-improving-the-economy-though-wise-spending',
'tags' => 'Japan, US, Mississippi, State Sen. Chad McMahan',
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'content' => '<p>Mississippi has kept its doors wide open to international investors, aware that the southern state possesses many advantages that will attract a diverse range of industries, both traditional and advanced.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%209-MI%20Senator%20Chad%20McMahan.jpeg" alt="" />
<figcaption class="image-caption">Mississippi State Senator Chad McMahan</figcaption>
</figure>
<p>With his experience as a worker in the manufacturing sector and representing the northern half of Lee County, the most heavily industrialized part of the state, State Senator Chad McMahan is well-positioned to talk about why Mississippi is the ideal location for investment and new businesses.</p>
<p>“I want to be sure that the investments we are making in public education, artificial intelligence, and broadband internet will provide our young people the opportunity to have great career opportunities. I am so thankful for Japanese companies that are doing business here in Mississippi,” McMahan said.</p>
<p>Outlining the positive attributes of Mississippi, the state senator spoked about the hospitable nature of local residents, the affordability of land prices, the affordable cost of living, good weather all year, and the strong, capable workforce.</p>
<p>Despite the low cost of living, Mississippi has outperformed other states in terms of quality of life and worker productivity, according to McMahan, who pointed out the presence of Toyota’s manufacturing plant in Blue Springs, where the car maker is able to churn out more than a million car parts units faster than any other Toyota facility in the world.</p>
<p>McMahan also assured potential investors that Mississippi was a fruitful location for business because the local workforce is welcoming and hardworking, and him and his colleagues stay committed to invest every tax dollar work into the state and its public infrastructure and education system.</p>',
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(int) 7 => array(
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'id' => '545325',
'title' => 'Envision AESC: Driving down the road of sustainability',
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'description' => 'With the growing awareness of environmental issues across the globe, every country has begun implementing measures to cut its own carbon emissions, among them government policies to phase out gasoline- and diesel-powered vehicles and encourage ownership of electric cars.',
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'url' => 'envision-aesc-driving-down-the-road-of-sustainability',
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'content' => '<p>With the growing awareness of environmental issues across the globe, every country has begun implementing measures to cut its own carbon emissions, among them government policies to phase out gasoline- and diesel-powered vehicles and encourage ownership of electric cars.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Envision%20AESC-Jeff%20Deaton.jpg" alt="" />
<figcaption class="image-caption">Envision AESC Managing Director Jeff Deaton</figcaption>
</figure>
<p>And as electric vehicles become more popular, the technology to make them viable for safe, long-distance travel has developed rapidly. Leading the field is <a href="https://www.envision-aesc.com/en/" target="_blank" rel="noopener">Envision AESC</a>, which has announced plans to expand its electric battery plant in Bowling Green, Kentucky. The company built its first U.S. in Smyrna, Tennessee and confirmed a third plant in South Carolina.</p>
<p>“Envision AESC is one of the world's leading lithium-ion battery manufacturing companies. We're headquartered in Japan and we're committed to research and development, design, manufacturing, and sales of high power batteries for electric vehicles as well as for energy storage applications,” said Envision AESC US Managing Director Jeff Deaton.</p>
<p>Starting out as a joint venture between Japanese giants Nissan Motor and NEC, Envision AESC has changed ownership but has evolved into a global powerhouse in the field of EV battery production. It employs more than 5,600 people in more than a dozen manufacturing and engineering plants, and R&D centers in Japan, China, the US, France, Spain and the UK.</p>
<p>“We work with a lot of strategic partners to develop these high performance batteries. Very high performance in terms of quality, safety, cost, reliability,” said Deaton, who takes particular pride in the company’s zero-critical incident record.</p>',
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'id' => '545326',
'title' => 'Campbellsville University, KY: No limits to growth',
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'description' => 'Founded in 1906, Campbellsville University is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.',
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'content' => '<p>Founded in 1906, <a href="https://www.campbellsville.edu/" target="_blank" rel="noopener">Campbellsville University</a> is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Campbellsville%20University-Joseph%20Hopkins.jpg" alt="" />
<figcaption class="image-caption">Campbellsville University President Dr. Joseph Hopkins</figcaption>
</figure>
<p>“We opened a center not too long ago in Los Angeles and are opening in Canada as well. Our mindset is to reach out and find deserving, qualified students. I think that's been in our DNA, and it's the same going forward. We want to continue to reach and find the best, the most deserving student who's ready to contribute to society, to contribute to the workforce, and to make a difference,” said Campbellsville University President, Dr. Joseph Hopkins.</p>
<p>Campbellsville is committed to bringing together a spirit of innovation, a wide network of learning, and a diverse range of academic programs and learning opportunities.</p>
<p>“Campbellsville University has a wonderfully hospitable environment for students, faculty, and industry partners from other countries. I don't know of another institution with such diverse potential,” Hopkins said.</p>
<p>“We have students from 92 different countries. The connect the community to the world and make current international events personal. This is our family, and what happens in their culture happens to all of us,” he added.</p>
<p>Meanwhile, Hopkins is most excited about the university’s relationship with Japanese because of the wealth of opportunities for partnerships and friendships. As the hotbed of technological innovation, Japan should benefit from Kentucky’s status as the country’s capital of electric vehicles.</p>
<p>“The realm of technology and technology management could be a really rich place. We've always had a strength in the management areas for different fields, whether it be healthcare, technology, or engineering. We'd like to continue to explore those opportunities,” he said.</p>',
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'id' => '545327',
'title' => 'The "extremely successful" joint venture of Mitsubishi Electric and Trane Technologies',
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'description' => 'Foresight and persistence have paid off in Georgia. Started by then governor Jimmy Carter before he was elected to the White House, the state deepened its connections with Japan through the promotion of its extensive assets, business-friendly policies, highly-skilled workforce, all of which appealed to Japanese expatriate communities on both sides.',
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'content' => '<p>Foresight and persistence have paid off in Georgia. Started by then governor Jimmy Carter before he was elected to the White House, the state deepened its connections with Japan through the promotion of its extensive assets, business-friendly policies, highly-skilled workforce, all of which appealed to Japanese expatriate communities on both sides.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-Mitsubishi%20Electric%20Trane%20HVAC-Mark-Kuntz.jpeg" alt="" />
<figcaption class="image-caption">Mitsubishi Electric Trane HVAC US CEO Mark Kuntz</figcaption>
</figure>
<p>For 50 years, a rising number of Japanese companies, like YKK, TOTO and Mitsubishi Electric, have selected Georgia as their second home, convinced that the state had the right mix of conditions to ensure success.</p>
<p>“We’ve hit our revenue and profitability targets and last year, we exceeded them dramatically. It was a year in which we grew 34% and saw our market share expand. We’ve built tremendous momentum coming into this year. It’s been a good run and the acceleration seems to continue,” said Mark Kuntz, CEO at <a href="https://www.metahvac.com/" target="_blank" rel="noopener">Mitsubishi Electric Trane HVAC US</a>, a joint venture set up in 2018 between Mitsubishi Electric and Trane Technologies.</p>
<p>It was an “extremely successful” joint venture, according to Kuntz, who pointed out that Trane had the extensive distribution network needed by Mitsubishi Electric to bring its products to homes and commercial spaces but lacked Mitsubishi Electric’s technological expertise in manufacturing heat pumps.</p>
<p>While around half of Mitsubishi Electric’s products find their way into residences spaces through its contractor network, the other half reaches commercial projects, from small office spaces to high-rise buildings because of Trane’s well developed network of engineers and developers of large-scale projects.</p>
<p>“We have tremendous growth potential here. It’s a large proportion and it’s the one with the largest opportunity to grow even bigger,” Kuntz said.</p>',
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'id' => '545328',
'title' => 'North Carolina's Japan Center seeks more Japanese investors and students',
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'description' => 'Seeing a need to attract more investment and diversify its export products, then North Carolina governor Jim Hunt opened the NC Japan Center in the state capital Raleigh in 1980 to bolster ties between its local residents, businesses, universities, students, and private and public institutions and their Japanese counterparts.',
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'content' => '<p>Seeing a need to attract more investment and diversify its export products, then North Carolina governor Jim Hunt opened the <a href="https://japan.ncsu.edu/" target="_blank" rel="noopener">NC Japan Center</a> in the state capital Raleigh in 1980 to bolster ties between its local residents, businesses, universities, students, and private and public institutions and their Japanese counterparts.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-NC%20Japan%20Center-Jonathan%20Brewster.jpeg" alt="" />
<figcaption class="image-caption">Jonathan Brewster, the NC Japan Center's director of global engagement</figcaption>
</figure>
<p>Being located at North Carolina State University, which is "a large land grant institution," the center recognizes “the natural and logical synergies between academics and industry,” said Jonathan Brewster, the NC Japan Center’s director of global engagement. Apart from business and education, the center also promotes cultural relations between state and Japan.</p>
<p>Over the last three years, North Carolina has seen robust growth in various industries, including food production, food sciences, vehicle assembly, automotive parts, electronic equipment, EV battery manufacturing, as well as storage and warehousing.</p>
<p>The strongest performers though have been in the biotechnology and pharmaceuticals sectors, most notable of which are Japanese-owned FUJIFILM Diosynth Biotechnologies and KBI Biopharma Inc., an affiliate of California-based JSR Life Sciences and Japan-based multinational JSR Corp.</p>
<p>It is not suprising to see the emergence of such industries in North Carolina, which benefits from the confluence of prestigious universities and research centers in the state. Brewster hopes this advantage will attract more Japanese students to North Carolina State University, as well as to other top-ranking educational institutions like Duke University and University of North Carolina Chapel Hill.</p>
<p>“Once Japanese students come to North Carolina, they love it here. They’re very well supported. The cost of living is low. The community here is great. North Carolina has so much to offer Japanese businesses, individuals, and families. We are committed and motivated to welcome them with open arms and support their operations in our state,” he said.</p>',
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'title' => 'Yazaki Group to expand global network with multinational company partnerships',
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'description' => 'The Yazaki Group, established in Japan in 1941, was jolted by the global financial meltdown in 2008, which was triggered by the subprime mortgage crisis that led to the bankruptcy of Lehman Brothers. Keen to move forward in entering the American market, Yazaki looked around the United States for a suitable location for its US head office and chose Georgia in 2009.',
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'content' => '<p>The <a href="https://www.yazaki-corp.co.jp/">Yazaki Group</a>, established in Japan in 1941, was jolted by the global financial meltdown in 2008, which was triggered by the subprime mortgage crisis that led to the bankruptcy of Lehman Brothers. Keen to move forward in entering the American market, Yazaki looked around the United States for a suitable location for its US head office and chose Georgia in 2009</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SE%20USA-NL-WK%207-American%20Yazaki%20Corp-Yasuo%20Yazaki.jpg" alt="" />
<figcaption class="image-caption">American Yazaki Corp. President and CEO Yasuo Yazaki</figcaption>
</figure>
<p>A manufacturer of plastic mono-layered and multi-layered plastic products, injection molded plastic products and assemblies, Yazaki wanted to be close to its customers and other industry players operating in Georgia, such as Yamaha, Ricoh, Suzuki, Kawasaki, Mitsubishi.</p>
<p>In line with its objective to assist U.S. efforts to go greener, the company has also expanded its products to include fuel tanks that meet EPA and CARB regulations and reduce evaporative emissions from the production of fuel tanks.</p>
<p>“We build their plastic fuel tanks that meet the environmental regulations, as well as a high technology field tank,” American Yazaki Corp. President and CEO Yasuo Yazaki explained about their work for Yamaha and Honda.</p>
<p>Along with fuel tanks, Yazaki also makes toner cartridge bottles for Japan-based imaging company Ricoh.</p>
<p>Although its partnerships are dominated by those with fellow Japanese manufacturers, Yazaki wants to expand its network by partnering with non-Japanese multinational companies.</p>
<p>“I want Japanese companies to understand that there is huge potential in the U.S. There are many industries that are nonexistent even in Japan. For example, we are able to produce over 2 million fuel tanks a year that are used for lawnmowers. We don’t have that industry in Japan,” Yazaki said.</p>
<p>Because of its unyielding commitment to the success of its customers, Yazaki has become a valued supplier to virtually every customer that they supply to in the world. The company remains steadfast in its mission to deliver more quality products and services wherever they are needed in the world.</p>',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,” he said.</p>
<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world’s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
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<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
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<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p>
<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" />
<figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption>
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<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
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'title' => 'Campbellsville University, KY: No limits to growth',
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'description' => 'Founded in 1906, Campbellsville University is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.',
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'content' => '<p>Founded in 1906, <a href="https://www.campbellsville.edu/" target="_blank" rel="noopener">Campbellsville University</a> is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 students at the start to more than 12,000 students spread across seven centers in the state and Los Angeles, California.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters/JT-2022-SOUTH%20USA-NL-WK%208-Campbellsville%20University-Joseph%20Hopkins.jpg" alt="" />
<figcaption class="image-caption">Campbellsville University President Dr. Joseph Hopkins</figcaption>
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<p>“We opened a center not too long ago in Los Angeles and are opening in Canada as well. Our mindset is to reach out and find deserving, qualified students. I think that's been in our DNA, and it's the same going forward. We want to continue to reach and find the best, the most deserving student who's ready to contribute to society, to contribute to the workforce, and to make a difference,” said Campbellsville University President, Dr. Joseph Hopkins.</p>
<p>Campbellsville is committed to bringing together a spirit of innovation, a wide network of learning, and a diverse range of academic programs and learning opportunities.</p>
<p>“Campbellsville University has a wonderfully hospitable environment for students, faculty, and industry partners from other countries. I don't know of another institution with such diverse potential,” Hopkins said.</p>
<p>“We have students from 92 different countries. The connect the community to the world and make current international events personal. This is our family, and what happens in their culture happens to all of us,” he added.</p>
<p>Meanwhile, Hopkins is most excited about the university’s relationship with Japanese because of the wealth of opportunities for partnerships and friendships. As the hotbed of technological innovation, Japan should benefit from Kentucky’s status as the country’s capital of electric vehicles.</p>
<p>“The realm of technology and technology management could be a really rich place. We've always had a strength in the management areas for different fields, whether it be healthcare, technology, or engineering. We'd like to continue to explore those opportunities,” he said.</p>',
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Campbellsville University, KY: No limits to growth
Founded in 1906, Campbellsville University is a private, Christian university has grown beyond the city, expanding its enrollment from 3,400 studen...
