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Government Policy / Business Climate

One Year Later: The Impact of the Tax Cuts and Jobs Act

Kyle Syers, Senior Consultant, Biggins Lacy Shapiro & Co. (Q4 2018)

We are just beginning to see the economic effect of the TCJA, passed in December 2017, but tax cuts are among many factors influencing U.S. investment decisions. More

The Impact of Tariffs on Supply Chain Costs

Dan Levine, Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc. (Q4 2018)

The worsening tariff situation will affect prices throughout the international supply chain that supports companies’ operations both in the U.S. and abroad — and ultimately affect their bottom line. More

Five Tips for Successful Economic Development Collaboration

Jason Lake, Senior Managing Director, Business Incentives Practice, Cushman & Wakefield (Q4 2018)

Area Development sat with Jason Lake, Senior Managing Director, Business Incentives Practice at Cushman & Wakefield, at our Consultant’s Forum on the heel of his presentation on navigating corporate / economic development collaboration. More

Understanding - and Capitalizing on - Opportunity Zones

Michael Fitzpatrick, Partner, Baker Tilly Virchow Krause, LLP (Q4 2018)

The U.S. Treasury recently released regulations that will guide governance and implementation of Opportunity Zones, which have the potential to attract more than $50 billion of capital to low-income communities. More

Incentive Considerations in M&A Transactions

Chad Sweeney, Senior Principal, Ginovus (Q4 2018)

A company that is acquiring or selling a business needs to evaluate the potential advantages and liabilities of incentives already in place, as well as opportunities for future incentives. More

Why Do Many Incentives Awarded Remain Unused?

Les Cranmer, Senior Managing Director, Savills Studley and Art M. Wegfahrt, Corporate Managing Director, Savills Studley (Q4 2018)

There’s often a mismatch between incentives provided and those an organization — which also needs to be aware of any “strings attached” — can actually use. More

Negotiating Incentives? Avoid These Common Pitfalls.

Jennifer Harris, Account Director, Akrete (Q4 2018)

Dave Cooper, Shareholder, Economic Development & Incentives Practice Group at Maynard Cooper & Gale, speaks with Area Development on how to deal with the challenges that often come up during the incentives negotiation process. More

The Big Five: Key Tax Credits and Public Incentives

Brad Elmer, CFA Managing Director, Baker Tilly Capital (Q4 2018)

Area Development sat down with Brad Elmer, CFA, Managing Director at Baker Tilly Capital in the wake of his presentation on tax credits and incentives in the financing package at our Consultants Forum. More

What’s Your U.S. Manufacturing and Tariff Strategy?

Rosemary Coates, Executive Director, Reshoring Institute; President, Blue Silk Consulting,  (Q4 2018)

With the uncertain future of new tariffs and penalties, is it time to consider building a manufacturing site in the United States? More

Innovative Superclusters to Foster Economic Growth

Navdeep Bains, Minister of Innovation, Science and Economic Development, Canadian Ministry of Innovation, Science and Economic Development (Location Canada 2018)

The Government of Canada is investing C$950 million in five economic superclusters aimed at making the nation a world-leading center for innovation. More

Automakers Enter the Circular Economy

Karen Thuermer, Staff Editor, Area Development (2018 Auto/Aero Site Guide)

Industrial companies, including automotive firms, are among those reinventing how businesses find, use, and dispose of the resources and materials that make up global trade. More

In Focus: Examining Commerce’s Misguided Auto Imports Investigation

Nancy McLernon, President & CEO, Organization for International Investment (OFII) (2018 Auto/Aero Site Guide)

With international auto companies responsible for more than three quarters of U.S. auto manufacturing job growth from 2010 to 2015, an examination of foreign imports as a threat to national security may just backfire. More

A Smarter Way to Incentivize

Jennifer Harris, Account Director, Akrete (Q3 2018)

Governments and corporate site selectors alike should consider whether sometimes overly generous tax incentives are the best way to align their goals. More

Which Locations Are Drawing FinTech Companies?

Tedd Carrison, Financial Analyst, CBRE and Kristin Sexton, Senior Managing Director, Labor Analytics, CBRE (Q3 2018)

Irrespective of their size, the strongest markets for financial technology companies have a workforce that aligns to best serve all distinctive skill set and cost requirements. More

A “Marshall Plan” to Develop and Attract Talent

Roger Curtis, Director, Michigan Department of Talent and Economic Development  (Workforce Q2 2018)

When businesses are considering where to set up shop or expand existing operations, one of the driving influences behind their decision is access to talent. More

Editor’s Note: Deconstructing Legislative Outcomes

Geraldine Gambale, Editor, Area Development Magazine (Q2 2018)

Policy and legislative changes may cause business leaders to hesitate before making their next move. More

In Focus: Steel Tariffs to Prevent U.S. Economic Growth

Stephen Gray, CEO, Gray Construction (Q2 2018)

The recently enacted tariffs on steel and aluminum have created an uncertain investment climate for both domestic and foreign firms, causing companies to rethink their supply chain strategies and put their expansion plans on hold. More

The New EPA Rules: Opportunity and Risk

Frances Graham, Project Director, Linesight (Q2 2018)

While to some companies less stringent EPA regulations can be an advantage, submitting to the lowest environmental standards carries costs of its own. More

U.S. Tax Reform: A Game-Changer for Manufacturers

John T. Livingstone, Principal, PwC and Rajiv Jetli , Principal, Management Consulting, PwC (Q2 2018)

The new tax law will provide U.S. manufacturers with additional cash, but they must still align their investment decisions with corporate growth strategies. More

The New Aluminum and Steel Tariffs: Implementation, Consequences, and Next Steps

Doreen M. Edelman, Co-Leader, Global Business Team, Baker Donelson and Julius Bodie, Law Clerk, Baker Donelson (Q2 2018)

Businesses that use steel and/or aluminum need to understand how the recently enacted tariffs will affect their supply chain as well as their bottom line. More