Manufacturing / Industrial Up Next for Industrial in 2024
Here is a look at the normalizing sector’s upcoming supply, demand, and pricing outlook.
Read More20th Annual Consultants Survey Analysis
Consultants Survey Reflects Shift in Ranking of Site Selection Factors
A responsive state and local government, incentives offerings, and site readiness now outweigh costs in the location decision.
Manufacturing Projects Dominate the Deal Flow
The volume of manufacturing projects across the nation is rising, while office activity has been slow to recover from the pandemic.
Site Selection Evolves
Corporate respondents prioritize workforce talent, environmental factors, and permitting/regulatory ease in their location and expansion decisions.
Skilled Labor, Ample Energy, and Speed to Market Take Priority
A location’s labor availability; responsive, pro-business local partners; and ability to support a large energy user are often the main drivers of the site selection decision.
Recent Features
Site Selection Factors / Strategy
How to Master the Maze of Federal Funding in Manufacturing Site Selection
What should you consider while working through the complexities of federal incentives and timelines to optimize your facility planning and execution?
ContinueAsset / Facility Management
Why Smaller May Be Better for Some Businesses
Although records have been set for massive industrial spaces, the market has been shifting to smaller buildings.
ContinueSustainable Development
In Focus: 5 Smart Building Resolutions for 2024
Building owners may look at the new year as a time to make good on goals they set for their buildings in previous years – whether that means upgrading outdated technology, focusing on net-zero carbon goals, or enhancing occupant experience.
ContinueSustainable Development
First Person: Making Facilities “Fit” for the Digital Future
Area Development’s staff editor, Lisa Bastian, interviewed Stephanie Dorsey, CEO of Siemens Real Estate in the Americas, about the changing real estate needs of today’s innovative and growth companies.
ContinueContributed Content
Tennessee Tops for FDI from Korea
South Korea’s longstanding relationship with Tennessee is based on honesty, trust, and following through.
ContinueEnergy / Clean Tech
Industry in the Era of the Electron
Growth of the digital economy has put transmission-adjacent properties and the ability to interconnect at the forefront of the site selection process.
ContinueWorkplace Trends
In Focus: Rethinking Industrial Site Selection: A Retail Perspective
The idea of putting the needs of the potential workforce first when making the location decision mirrors retail’s tradition of prioritizing customer satisfaction.
ContinueLogistics / Infrastructure
Front Line: Solutions Needed for Truck Driver Shortage
The supply chain continues to be negatively affected by a shortage of long-haul truckers, in particular, but recruiting more military veterans and women may be part of the solution.
ContinueContributed Content
Manufacturing, Life Sciences Fueling Northern Kentucky’s Growth
Diverse industries are supporting manufacturing and employment growth in the “peak” of Kentucky.
ContinueContributed Content
Virginia Looks to Renewables to Meet Long-Term Energy Needs
The best way to conceptualize Virginia’s energy ambitions is to look to its past supporting one of the most power-intensive industries in existence.
ContinueSustainable Development
Front Line: Green Concrete Initiatives Fight Climate Change
Innovative measures and legislation propel the adoption of eco-friendly building materials.
ContinueBusiness Globalization
Navigating the Dynamic Landscape of Logistics in Mexico
Companies considering nearshoring operations to Mexico will find a resilient and interconnected logistics network to handle their import and export processes.
ContinueContributed Content
Industrial Space Continues Boon for Greater Richmond
The region’s advantages — including available industrial real estate, low electric rates, and a strategic location — are drawing manufacturing, distribution, and data center operations to Greater Richmond.
ContinueWorkplace Trends
Making Hybrid More Human in 2024
From theory to action — CRE leaders are putting strategies in place to make the workspace a center of collaboration and innovation.
ContinueSustainable Development
Last Word: Striking a Balance - Prioritizing Electric Infrastructure While Preparing for the Next Wave of Industrial Expansion
As constraints on power availability become more acute, embracing a utility-first approach emerges as imperative.
ContinueSustainable Development
Navigating the Digital Transformation
Courtney Dunbar, site selection lead at Burns & McDonnell, recently asked Matt Olson, Burns & McDonnell’s chief innovation officer, about how companies are navigating the digital transformation and its potential of fostering sustainable, resilient manufacturing practices.
ContinueConstruction / Project Planning
Public-Private Partnerships Incentivize Industrial Development
Communities that embrace creative solutions and collaborative approaches are well-positioned to thrive and attract jobs and investment from the private sector.
ContinueManufacturing / Industrial
Manufacturing Momentum Is Building
A desire to bring manufacturing closer to the consumer, recent federal funding initiatives, as well as access to a skilled workforce and reliable power among other advantages have converged to spur growth in construction of U.S. manufacturing facilities.
ContinueLabor Costs / Organized Labor
Front Line: Impact of the Latest Minimum Wage Increases
The new year brings some significant changes that will impact employers who have entry-level workers, with 22 states raising their minimum wages effective January 1st.
ContinueProject Announcements
EPL America Expands Danville, Virginia, Production Operations
04/16/2024
Certus Medical Expands Ingham County, Michigan, Operations
04/16/2024
Kalmbach Feeds Expands Wyandot County, Ohio, Operations
04/16/2024
Germany-Based Tesa Tape Relocates-Establishes Grand Rapids, Michigan, Headquarters
04/15/2024
FUJIFILM Diosynth Biotechnologies Expands Holly Springs, North Carolina, Operations
04/15/2024
Two Rivers Lumber Plans Coosa County, Alabama, Sawmill Operations
04/15/2024
Protomet Corporation Plans Rockwood, Tennessee, Operations
04/15/2024
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