Montrose Group Clients Gain Over $10 M in State Funding as General Assembly Leaves Town
The Ohio General Assembly on the last day of session before the November Election on June 26, 2024, approved the largest capital budget in the state’s history, with the passage of House Bill 2, which appropriates $6.2 Billion in capital infrastructure funding supporting the renovation and construction of the state’s buildings and assets including funding […]
Food and Beverage Industry is a Major Leader in the U.S. Economy
While many industries will struggle to launch corporate site location projects in 2024, that should not be the case for the U.S. food and beverage industry. Food and beverage manufacturing plants transform raw food commodities into products for intermediate or final consumption by applying labor, machinery, energy, and scientific knowledge. Some products may serve as […]
Food and Beverage Industry a Powerhouse Throughout the U.S.
Grow local, global supply chain challenges and a resurgence in American manufacturing have made food and beverage manufacturing a hot corporate site location topic. Regions with a strong base of food and beverage manufacturing employers and workforce are attractive to companies in this industry seeking to expand current facilities or locate new ones. Industries tend […]
Montrose Fellows Fund Graduates First Class of Small Business Owners
The Montrose Group in 2024 launched the Montrose Fellows Fund as a not-for-profit, donor-advised fund, to address economic opportunity. The Montrose Fellows Fund over six months of 2024 hosted a series of Business Development Bootcamps in partnership with the Ohio Department of Development, Minority Business Development Division to support the success of Ohio minority, women, […]
Developing Innovative Energy Delivery Models is the Key to Addressing America’s Current Energy Crisis.
Solutions to America’s energy crisis focus on increased investment in the electric grid, creating new utility rate approaches, and capturing natural gas to build data center power plants. Energy-intensive industries can address their energy demand challenge by maximizing energy efficiency, enhancing demand flexibility, getting more out of existing grid infrastructure, and negotiating for additional carbon-free […]
Local, State, and Federal Policy Disconnect Driving the U.S. into an Energy Crisis
At the exact moment American industry needs additional electricity to make billions in economic investments, local, state, and federal government policymakers are disrupting efforts to generate that needed electricity. For supply to keep pace with demand given these trends, PJM needs as many new generation to find their way onto the system as possible. PJM […]
Budding Energy Supply Crisis Impacting Economic Development
The U.S. energy delivery system that ran the Industrial Revolution and made the United States a global economic powerhouse is facing substantial challenges that threaten the economic future of the nation, states, and regions. For the last several years, utilities throughout the United States have been facing COVID-19-based supply chain challenges for the materials needed […]
U.S. Electricity Delivery System 101
Answering the budding energy crisis challenges needs to begin with understanding how the United States delivers one of its most precious commodities – electricity. It seems like everything we use requires more electricity to run. As shopping becomes an experience on our smartphones with fewer trips to the mall, cars transition to electricity, and automation […]
Montrose Way Development Debate May 2024
Please Join the Montrose Group for the Development Opportunity 2024 Forum on May 21, 2024 Network with company executive leaders, local / state government and economic development officials, real estate and business professionals as we share the latest economic development issues impacting corporate site location decisions. Development Opportunity 2024 Forum Registration Link: https://www.eventbrite.com/e/819136779157?aff=oddtdtcreator Montrose Group […]
Federal Economic Development Incentives Create Opportunities for EV and Other Companies
The federal government based upon several new programs creates opportunities for Electric Vehicle related companies and corporate site location projects. The Inflation Reduction Act of 2022 (IRA) provides over $320 B in incentives designed to increase clean energy production in the United States, support energy innovation, and encourage investing in disadvantaged communities and projects that […]
