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Site Selection Factors / Strategy

31st Annual Survey of Corporate Executives: Confidence in U.S. Economy, Need for Investment in Infrastructure Reflected

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

The Corporate Survey respondents feel confident about the economy under President Trump, but highway accessibility and skilled labor are still their primary concerns. Also, the number of respondents planning domestic as compared to foreign facilities may reflect the current political climate. More

13th Annual Consultants Survey: Confidence in U.S. Economy, Concern Over Proposed Trump Policies

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

The responding consultants are confident that economic conditions under the Trump administration will be favorable to their clients moving ahead with new facilities plans, but also believe potential penalties for moving offshore will affect those plans. In fact, nearly two thirds believe there will be financial inducements to reshore operations. And 100 percent say finding skilled labor is the number-one priority. More

Site Certification Is Not a Substitute for Due Diligence

Courtney Dunbar, Economic Development Leader, Industrial Site Consulting Team, Olsson Associates (Q1 2017)

While a good amount of information can be obtained through site certification programs, underlying questions with regard to the end-user’s specific timelines and needs as well as how risks will be mitigated still need to be addressed. More

It’s Your Move: Critical Considerations When Relocating Corporate Headquarters

Dean J. Uminski, CEcD, Principal, Crowe Horwath (Q1 2017)

The improving economy is making it more financially feasible for companies to relocate their corporate headquarters, but such a move calls for careful consideration of a variety of factors that will determine the ultimate success — or failure — of relocation. More

Navigating Uncharted Waters: 5 Trends Affecting Capital Investment Plans

Josh Bays, Principal, Site Selection Group, LLC (Q1 2017)

A new administration in Washington, escalating wages, and a dwindling supply of industrial real estate are just some of the trends that may cause companies to take a wait-and-see approach to capital investment. More

Six Factors to Consider When Selecting a Location for a Mission-Critical Data Center

Mark Bauer, Managing Director and Co-Lead Data Center Solutions , JLL (Data Centers 2017)

When searching for a location for their next data center, companies need to take a holistic view of the process, prioritizing and balancing all the factors involved in site selection. More

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

Workforce Workshop: Evaluating a Community’s Labor Pool

Brian Cohen, Partner, Transwestern (Workforce Q4 2016)

The company must identify its needs, canvass local markets, and assess prospective locations’ educational resources before it can make a site decision. 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

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