An industry’s and company’s life
cycle has a direct bearing
on its location strategy
and site selection
decisions.
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The high cost of fuel is leading to fundamental changes in intermodal transportation, putting more emphasis on water and rail. And that’s driving the creation of more intermodal facilities.
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America’s railroads are experiencing an unprecedented expansion, and businesses are taking notice as they make their site selection decisions.
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From fuel conservation to the latest in lighting, heating, and cooling technologies, numerous means are available to help a company “green” its supply chain.
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The feeling is inescapable: automotive manufacturing seems to be an industry that’s run out of gas. That’s certainly the story that can be gleaned from the business headlines these days.
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Driven by consumer demand for fuel efficiency and alternative fuel vehicles, the automotive supply chain has been deeply affected by the cuts in production of SUVs and trucks, plant closures, and shifts in production location.
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The basic economics are changing for the American automobile industry at an alarming rate.
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CORPORATE SURVEY SITE SELECTION FACTORS
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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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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VIEWPOINT
Steve Penrose, Senior Vice President, Automatic Data Processing (ADP), says whatever city we choose has a good quality of life, and we make sure it is a place where people will stay or want to relocate to.
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Scott Beckett, Director of Commercial–Industrial Sales, Americas at Trane, says effective energy management is no longer an option — it is a strategic business necessity.
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FROM THE WIRE
STATE RESOURCES
Find the latest information regarding corporate taxes, financial and business incentives, credits, grants, current state information, contact directory and available buildings and sites in all 50 states.
AVAILABLE BUILDINGS/SITES
Designed to be used by expanding companies, consultants and other prospects who are seeking available buildings and/or sites, the FastFacility database delivers availability information and location data integral to the site selection process.
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