If there are political considerations, they may look to a borderline conservative area and seek to “flip” it.
But socialist businessmen are businessmen first and socialists second. They will pick the place that offers the best deal and makes them the most money.
Political considerations would have them locating in a state that is “purple,” weak blue or weak red. That would be Virginia, North Carolina, Georgia, Florida or one of the rust belt states that Trump flipped in 2016. Deep red states wouldn’t hold much appeal and neither would deep blue states. That is, if political considerations are weighing in on the decision and I think they are.