Corporate & Consultants Survey Complete Results
Area Development Magazine Special Presentation (Winter 2011)
The economy's gradual recovery during 2010 has resulted in increased business optimism, a rise in new facility plans, and some changes in site selection priorities.
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Area Development Magazine Special Presentation (Dec/Jan 10)
After 2009’s economic woes, business executives look to balance their cost-related priorities with their 2010 growth strategies according to Area Development's Annual Corporate and Consultants Survey.
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Corporate Survey Results: Site Selection Factors
Beth Mattson-Teig (November 2011)
Many companies don’t need to look further than the gas pump or congested roadways to determine their top site selection criteria. Easy access to key infrastructure can be vital when it comes to executing business strategies, saving time and money, and creating an attractive environment for both employees and customers.
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Cynthia Kincaid (November 2011)
The cost of skilled labor is always at the forefront of concern for corporate executives, and the 2010 survey respondents confirmed this fact. Labor costs were ranked as the second most important factor in Area Development’s 2010 Corporate Survey, with a 91 percent importance rating, although this was a 5.7
percent drop from 2009.
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Mali R. Schantz-Feld (November 2011)
Developing a new facility is an expensive endeavor. Depending upon the size and scope of a business, start-up costs can make a difference between getting a project off the ground and seeing it fall flat. After opening, the costs continue to accumulate. Low tax rates, tax exemptions, and tax incentives can lift a big burden off of all phases of
a company’s budget. In fact, in Area Development’s 2010 Corporate Survey, respondents ranked these three factors among their top-six site selection criteria.
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Beth Mattson-Teig (November 2011)
Occupancy and construction costs ranked as the fourth most important site selection factor in Area Development’s 2010 Corporate Survey with 89.8 percent of respondents stating that occupancy and construction costs were considered very important or important.
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Mali R. Schantz-Feld (November 2011)
Energy availability and costs was ranked in ninth place in Area Development’s 25th Annual Corporate Survey, with 82.1 percent of the respondents rating this factor as very important or important.
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Cynthia Kincaid (November 2011)
Inbound/outbound shipping costs ranked eighth among the site selection factors in Area Development’s 2010 Corporate Survey, with an 84 percent importance rating. Factors such as rising fuel costs and distances from vendors, suppliers, and markets served are all playing a greater role in shipping-cost decision-making.
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Mali R. Schantz-Feld (November 2011)
No matter what the type of business, workers are the heart of any company — from customer service to assembly line production. In fact, availability of skilled labor was ranked seventh among the site selection factors in Area Development’s 2010 Corporate Survey.
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Beth Mattson-Teig (November 2011)
Many companies have been standing pat, watching and waiting for signs that the economy, or activity within a particular sector, is finally beginning to improve. When those indicators emerge, companies want to be in a position to pounce on opportunities before they disappear.
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Cynthia Kincaid (November 2011)
In Area Development’s Corporate Survey, quality-of-life factors are ranked separately from the other site selection factors and are generally rated lower in importance than the top site selection factors — except for “low crime rate.”
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Thomas J. Stringer, Esq., Principal, Site Selection & Business Incentives, Ryan & Company (November 2010)
In today’s tough financial environment, obtaining a competitive advantage through cost control has become a preeminent guiding principal of site decisions.
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Amy Gerber, Executive Vice President, Jones Lang LaSalle and Matt Jackson, Strategic Consulting, Jones Lang LaSalle (September 2010)
Businesses must be aware of several key taxes before selecting a site.
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Howard Wial, Brookings Institution and Richard Shearer, Brookings Institution (9/24/2010)
The Brookings Institution's MetroMonitor named Albany, New York; Augusta, Georgia-South Carolina; Austin, Texas; Baton Rouge; Buffalo, New York; and Dallas the top five overall best performing metros.
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Matt Jackson, Strategic Consulting, Jones Lang LaSalle and Matt Highfield and Scott Redabaugh, Strategic Consulting, Jones Lang LaSalle (June/July 10)
There are states that have recognized the value in trying to retain jobs and reward job creation from existing operations at the same time with retention incentives
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Tim Feemster, Senior Vice President and Director of Global Logistics, Grubb & Ellis and Joseph Tillman, Senior Researcher and Consultant, Supply Chain Visions (June/July 10)
The majority of respondents to Area Development’s 24th Annual Corporate Survey said inbound-outbound shipping costs were important to selecting a site. Consider these factors before your next move.
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Dan Calabrese (Apr/May 10)
Data and call center operators are savvy about information and communication technology, but manufacturers should also make it a priority.
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David V. Brandon, Senior Vice President, Site Selection Group, LLC (Apr/May 10)
While nearly every business sector has an eye on energy availability, it isn’t the top consideration for location choices.
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Jonathan L. Sangster, Senior Managing Director, CB Richard Ellis (Feb/Mar 10)
There are states that have recognized the value in trying to retain jobs and reward job creation from existing operations at the same time with retention incentives
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Michelle Comerford, Managing Director, Austin Consulting and Frank Spano, Director, Austin Consulting (Feb/Mar 10)
Labor costs — a major operational cost component — are ranked as the most important site selection factor by corporate executives.
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Richard K. Greene, Senior Consultant, The Williams Group Real Estate Advisors (Nov 09)
As the economy recovers, one particularly bright spot will be manufacturing for the renewable energy industry, which is already enjoying healthy popular and government support.
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Dan Calabrese (Nov 09)
Although the nature of business has changed through the years, highway access and frontage still rank high among site selectors.
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Matthew Szuhaj, Director, Consulting Strategy and Operations Practice, Deloitte and Spencer Schobert, Senior Leader, Consulting Strategy and Operations Practice, Deloitte (Oct/Nov 09)
The ranking of available land and buildings by the respondents to Area Development’s Corporate Survey reflects the fact that the importance of these factors is contingent on the project.
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Ed McCallum, Senior Principal, McCallum Sweeney Consulting (Oct/Nov 09)
The increased importance with which Corporate Survey respondents regard the “right-to-work” and “low union profile” factors signifies the need for a new dialogue between labor and management.
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Russ Dixon, Director of Corporate Marketing and Communications, Sunteck Transport Group (Aug/Sep 09)
Proximity to markets and suppliers may be more important in your site selection decision than indicated by these factors’ rankings by survey respondents.
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Will O’Shea, Chief Sales and Marketing Officer, 3PD Inc. (Aug/Sep 09)
Although highway accessibility is consistently ranked at or near the top of the site selection factors, other factors may cause a company to opt for a site near a road less traveled.
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Christopher Steele, President, CWS Consulting Group (June/July 09)
While immediate financial concerns may cause companies to shift focus, skilled labor still drives long-term success.
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Les J. Cranmer, Senior Managing Director, Studley, Inc. (June/July 09)
Has the loss of 5.7 million jobs had an impact on the consideration of labor costs in the site selection decision?
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Steve Stackhouse (June/July 09)
Renewable energy stands poised to create opportunities across the country.
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Darin Buelow, Principal, Strategy & Operations, Deloitte and Jovana Trkulja, Senior Consultant, Deloitte (Apr/May 09)
The current economic slowdown presents an opportunity for companies to assess energy costs and reliability at their present location.
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Jenny R. Massey, Senior Project Manager, Bingham Economic Development Advisors (Apr/May 09)
With the downturn of the economy and uncertainty about the future, companies have gone into survival mode, focusing on cost savings instead of environmental concerns.
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Woody Hydrick, Associate Consulting Principal, Business Consulting, Cushman & Wakefield and Andy Mace, Consulting Principal, Cushman & Wakefield Business Consulting (Feb/Mar 09)
Today’s bad economic news has heightened companies’ awareness of avoiding high tax locations and maximizing incentives when conducting site searches.
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Jennifer LeClaire (Dec/Jan 09)
As the economy continues its downward spiral, site selectors are paying closer attention to occupancy and construction costs, and the results of Area Development’s 2008 Corporate and Consultants Surveys reflect their concerns.
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Ed McCallum, Senior Principal, McCallum Sweeney Consulting (Oct/Nov 08)
Access to training programs — and proximity to a technical university — are really more important than reflected by the low ranking given these factors by the respondents to Area Development’s 2007 Corporate Survey
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Doug Stachowiak, Global Location Strategy and Optimization, Chicago, NKF Consulting and Robert Hess, Executive Managing Director, Newmark Grubb Knight Frank (Oct/Nov 08)
The results of Area Development’s 2007 Corporate Survey reflect the growing importance of fast-track permitting as speed to market becomes more and more critical to manufacturers.
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Christopher Steele, President, CWS Consulting Group (Aug/Sep 08)
Proximity to major markets was only ranked 10th in importance by the respondents to Area Development’s 2007 Corporate Survey, but economic and environmental trends may increase this factor’s relevance.
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David V. Brandon, Senior Vice President, Site Selection Group, LLC (Aug/Sep 08)
Highway accessibility — the number-one ranked factor by Area Development’s 2007 Corporate Survey respondents — undeniably forms the essential nexus between workers, suppliers, producers, distributors, and markets
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Dr. C. R. (Buzz) Canup, President, Canup & Associates, Inc. (Jun/Jul 08)
The executives responding to Area Development’s 2007 Corporate Survey ranked cost of labor second in importance among the site selection factors, but determining a region’s true wage rates is not always at easy task.
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Dave Claborn , Director of Development and Community Relations, Ohio State University, Marion (Jun/Jul 08)
Declining levels of unionization may have been responsible for the right-to work factor receiving a middling ranking from the respondents to Area Development’s 2007 Corporate Survey.
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Nate Monosoff, CH2M HILL and Dick Sheehy, Director, Site Selection, CH2M HILL (Apr/May 08)
Rising energy costs, limited availability, and new awareness of energy security issues are among the reasons this factor received a high ranking from the 2007 Corporate Survey respondents.
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Linda G. Tresslar, Managing Director, Strategic Consulting Group, Grubb & Ellis Co. (Apr/May 08)
As companies are now being assessed on their sustainability activities and successes, it’s no wonder that the “environmental regulations” factor was among the top 10 in Area Development’s 2007 Corporate Survey.
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Rita Williams, Incentis Group and Larry Kramer, Incentis Group (Feb/Mar 08)
Corporate tax rate, state and local incentives, and tax exemptions were among the top-10 ranked site selection factors by the respondents to Area Development’s 2007 Corporate Survey. Let’s find out why.
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