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Economics/ Government Policy

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

Do Free-Trade Agreements Represent Fair Trade?

Mark Crawford, Contributing Editor,  (Q2 2016)

The U.S. has far fewer free-trade agreements in place than its North American neighbors, while many make arguments for and against these agreements. 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

Compliance: Where Incentives Are Won or Lost

Gary Marx, Managing Director, BlueCap Economic Advisors, LLC (Q3 2015)

Proper incentives compliance reporting will help a company to ensure that it receives the full value of the incentives it was offered in the application and negotiations process. More

Leading Locations for 2015: Creating a Track Record of Economic Success, Denver-Aurora-Broomfield Ranks First

Area Development Special Presentation (Q2 2015)

Area Development analyzed economic and workforce data for 373 MSAs to determine which U.S. cities are creating jobs and nurturing sustainable economic development. The results of the Leading Locations 2015 study clearly reflect the strength of the western half of the United States: eight of the top-10 MSAs are in the West — three in Colorado, two in California, two in Texas, and one in Washington State. More

The Evolution of Economic Development: 1965 - 2015

Steve Stackhouse-Kaelble (Q2 2015)

Since Area Development’s inaugural issue 50 years ago, the economic development process has changed dramatically. More

First Person: U.S. Economy Uniquely Positioned for 21st Century

Peter Zeihan, Geopolitical Analyst,  (Q2 2015)

One of Area Development’s staff editors recently interviewed Peter Zeihan, a former analyst at the geopolitical security firm Stratfor and author of The Accidental Superpower. Zeihan discusses the North American shale boom and the role of the U.S. in protecting global trade. More

29th Annual Survey of Corporate Executives: A Realignment of Location Priorities

Area Development Special Presentation (Q1 2015)

The location and expansion plans of our Corporate Survey respondents are not as robust as we had hoped, and their site selection priorities have been realigned, with facilities costs supplanting labor considerations. More

Positive Outlook for Middle Market Manufacturing Execs

Karen L. Kurek , Partner - National Industrial Products Practice Leader, McGladrey LLP (Q3 2014)

Amid growing optimism, the manufacturing sector plans to add jobs over the next 12 months. Small and mid-size manufacturing and distribution companies expect solid growth over the next 12 months — and two-thirds plan to add jobs during that period. In fact, these growing companies expect to increase their workforces by 6 percent, up from 4 percent in 2013. More

Location Notebook: Tesla’s “Gigafactory” - Reno’s Game Changer

Dennis Cuneo, Managing Partner , Fisher & Phillips (Q3 2014)

With the announcement that Tesla picked Reno for its highly publicized $5 billion “gigafactory,” the area took a giant step toward civic leaders' goal of remaking its economy and image. To win the project, the state offered a rich — and what will be a highly scrutinized — incentive package. Will the bold gamble pay off? More

Frontline: Tesla’s New Battery Plant to Bring Electric Vehicles to the Masses

Geraldine Gambale, Editor, Area Development Magazine (Q3 2014)

A comprehensive incentives package (pending legislative approval), proximity to natural resources and abundant renewable energy potential are significant factors that will improve Tesla’s odds of success in the “get things done state.” More

Energy-Rich States Growing U.S. Economy, Shifting Global Balance

Geraldine Gambale, Editor, Area Development Magazine (Q3 2014)

States with plentiful energy resources exhibited the fastest rates of economic growth last year; nationwide growth in energy-related jobs was more than twice the national average of overall job growth. More

Special Investment Report: Florida’s Eastern and Mid-Gulf Coasts

Steve Stackhouse-Kaelble (Q3 2014)

How many places in the world can claim to be on the cutting edge of both space and ocean transportation? It’s a striking illustration of the economic diversity you’ll find as you scan down the East Coast of Florida and then partway up the Gulf side. More

Frontline: A “Transformative” Trade-Agreement Model for the U.S.

Lisa A. Bastian (Q3 2014)

If a ‘high-level” Trans-Pacific Partnership (TPP) Agreement can be signed, it could help create 700,000 new jobs as early as 2015 by eliminating barriers on trade with multiple Pacific Rim Nations. More

In Focus: New Development of Small Industrial Facilities Expected as Inventory Dwindles

James Martell, President, Ridge Development Company, LLC (Q3 2014)

Lack of inventory for smaller scale industrial facilities in certain markets has created more competition among tenants and is expected to prompt activity from regional and national industrial developers, bringing new, state-of-the-art buildings to market. More

First Person: A Tire Giant Helps Grow Small Business

John D. Tully, President & COO, Michelin Development Company and Geraldine Gambale, Editor, Area Development Magazine (Q3 2014)

Forming positive relationships with the communities in which they are located is important for companies, large and small. These relationships foster further economic growth within the host communities. With that in mind, Area Development’s editor recently interviewed John Tully, the director of Michelin Development, formed specifically to offer support to new small and medium-size businesses. More

Canada’s Competitive Corporate Tax Landscape

Howard Silverman, President & CEO, The CAI Global Group (Location Canada 2014)

Canada has witnessed a remarkable transformation in the business tax landscape. Once known for having one of the highest corporate income tax rates in the developed world, Canada now has one of the lowest rates of the Group of Seven (G7) leading industrial economies and is near the middle of the pack of OECD countries. More

Canada to Widen It's Channels of Trade

Leslie Wagner, Director of Project Management and Development, Ginovus (Location Canada 2014)

Although it’s not without challenges, implementation of Canada’s trade agreement with the EU would have many benefits as well as an economic impact on world trade. More

In Focus: Toronto Named World’s “Most Intelligent” Community

Lou Zacharilla, Co-founder, Intelligent Community Forum (Location Canada 2014)

The debate about whether broadband and technology should become required investments is over. The discussion now is how to connect these neutral technologies to an endless natural resource: the human being. For the next 12 months Toronto will be the city that serves as the model of the Intelligent Community movement and the future. More

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