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Site Selection Factors / Strategy

What’s Driving Pharmaceutical Firms’ Operations Siting Decisions?

Woody Hydrick, Managing Director, Global Location Strategies (Directory 2017)

A pharma company’s position in the drug life cycle chain affects where it will locate, as does its need for a skilled workforce and low taxes, among other concerns. More

The Changing Needs of an Evolving Food Industry Shift Facility Location Priorities

Michele Brown, President & CEO, Choose New Jersey, Inc. (2016 Food Processing)

One thing is certain. Innovations and opportunities within the food industry will create new challenges for location decision-makers. More

Food Manufacturing Industry Responds to Transformative Change

Ken Reiff, Managing Director, Cushman & Wakefield and Chris Copenhaver, Director, Co-Lead Food & Beverage Practice, Cushman & Wakefield (2016 Food Processing)

Paradigm shifts in food processing, and improved economic conditions, have resulted in accelerated growth in project announcements as many larger food manufacturers gravitate to ground-up development and smaller, regional companies repurpose second-generation product. More

Critical Site Selection Factor #1: Availability of Skilled Labor

Steve Stackhouse-Kaelble (Q4 2016)

It pretty much goes without saying that any operation — new or expanding — will need an adequate supply of workers who have whatever skills are required to do the job well. More

Critical Site Selection Factor #2: Highway Accessibility

Steve Stackhouse-Kaelble (Q4 2016)

It is, of course, no coincidence that nearly all of the nation’s biggest manufacturing facilities and distribution centers can be found alongside major highways. More

Critical Site Selection Factor #3: Quality of Life

Steve Stackhouse-Kaelble (Q4 2016)

What constitutes quality of life depends largely on the eye of the beholder, and that eye may gaze through different lenses at different times. More

Critical Site Selection Factor #4: Occupancy OR Construction Costs

Steve Stackhouse-Kaelble (Q4 2016)

It’s easy to see why occupancy or construction costs are a factor that a lot of people are keeping an eye on...these costs are trending upward. More

Critical Site Selection Factor #5: Available Buildings

Steve Stackhouse-Kaelble (Q4 2016)

People expect near-instant delivery on just about everything these days, and companies seeking new facilities are more likely than ever to want to pick a location and have it up and running as quickly as possible. More

Critical Site Selection Factor #6: Labor Costs

Mark Crawford, Contributing Editor,  (Q4 2016)

How labor cost impacts total cost depends on the type of project being considered—headquarters, data centers, call centers/back office, retail, warehouse/distribution, manufacturing, etc. More

Critical Site Selection Factor #7: Corporate Tax Rate

Mark Crawford, Contributing Editor,  (Q4 2016)

In today’s world, corporate decision-makers want to invest in areas with a “fair” tax structure. More

Critical Site Selection Factor #8: Proximity to Major Markets

Mark Crawford, Contributing Editor,  (Q4 2016)

With the ever-growing passion for faster customer delivery, proximity to major markets is becoming an increasingly important site selection factor. More

Critical Site Selection Factor #9: State and Local Incentives

Mark Crawford, Contributing Editor,  (Q4 2016)

States are highly competitive with each other for investments and jobs and therefore offer incentives that can help offset project and operating costs and make a significant impact in the final decision. More

Critical Site Selection Factor #10: Energy Availability and Costs

Mark Crawford, Contributing Editor,  (Q4 2016)

Energy availability and costs are important for every project, but especially critical for industries that consume large amounts of energy, such as manufacturing, distribution, and data centers. More

Where Should Aerospace Companies Invest? Evaluating Aerospace Manufacturing Hubs

Scott Thompson, U.S. Aerospace & Defense Assurance Leader, PwC (Q3 2016)

For executives considering where to build a future plant or R&D facility, the United States ranks first globally for the scope and size of its aerospace manufacturing sector. In terms of the state rankings, Arizona jumped to first place, which bumped Florida down to second. More

The Reasons Corporate Headquarters are Heading Back Downtown

Dale D. Buss, Staff Editor, Area Development (Q3 2016)

In order to lure tech-savvy millennials, many companies that years ago moved out to the suburbs are heading back to the urban downtowns that offer the lifestyle this generation of employees desires. And the trend isn't confined to just North America’s biggest cities. More

2016 Top States for Doing Business: Georgia Back in Top Spot Again

Steve Stackhouse-Kaelble (Q3 2016)

There are many factors that go into being a “top state for business” — from labor and real estate costs to the tax and regulatory environment to workforce development programs and more; the states that made the 2016 Top States for Doing Business list scored high in each category. More

Aerospace Industry Costs "Disrupted" by Economic Development Partnerships

Jeff Troan, Principal, Hickey & Associates, LLC (2016 Auto/Aero Site Guide )

As competition for aerospace investment and jobs heats up, economic developers are increasingly offering tax relief, infrastructure and financial support, and workforce partnerships. More

2016 Gold & Silver Shovel Awards Recognize States That Have Garnered High-Impact Economic Development Projects

Geraldine Gambale, Editor, Area Development Magazine and Mark Crawford, Contributing Editor (Q2 2016)

The states receiving this year’s Shovel Awards are being recognized for their large numbers of high-impact economic development projects, including $1 billion+ deals with thousands of new jobs. Six states — California, Ohio, Tennessee, South Carolina, Nevada and Utah — are being awarded Gold Shovels in recognition of projects undertaken in 2015. More

USA: A Land of Opportunity with Variable Cost Factors for Foreign Investors

Matt Jackson, Managing Director; Shannon Curley, Senior Vice President; and Catharine Broadnax, Senior Associate;, JLL Business Consulting (Location USA 2016)

In order for foreign investors to take advantage of the many opportunities available in the U.S., they must consider numerous geographically variable cost and non-cost factors. More

12th Annual Consultants Survey: Clients’ Robust New Facility/Expansion Plans Revealed

Geraldine Gambale, Editor, Area Development Magazine (Q1 2016)

Two thirds of the consultants believe the economy is on a continuous growth track, and nearly all are busy helping clients with new facility and expansion plans. The primary recipient of these new facilities will be the Southern states. More

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