Site Selection Playbook 2024
Crafting Effective Incentive Packages
Tailoring financial incentives to maximize project success and attract manufacturing investments.
Ensuring Compliance and Maximizing Incentive Benefits
Managing compliance is key to fully realize and maximize incentive benefits for your manufacturing projects.
Navigating Non-Disclosure Agreements in Site Selection
How streamlining the NDA process helps protect sensitive information and expedites site selection.
Optimizing Incentive Approval Timelines
Why it’s important to focus on approval processes to align incentives with project deadlines and ensure timely success.
Recent Features
Asset / Facility Management
The Crucial Role of Hazardous Material Awareness in Manufacturing Facility Design
How to plan manufacturing facilities with safety in mind.
ContinueEnergy / Clean Tech
California’s ARCHES Hydrogen Hub an opportunity for industries with big ESG goals
A new hydrogen hub supports businesses with ambitious ESG objectives.
ContinueConstruction / Project Planning
The Rise of Joint Venture Agreements in New Construction Projects
Collaborative joint ventures spread risk and ensure successful project outcomes.
ContinueFood Processing
How OH!Tatoes Managed to Build a 100,000-Square-Foot Facility That Bakes and Freezes Potatoes
The companies flexible, efficient facility allows for a whole new baked potato market.
ContinueLabor Costs / Organized Labor
What If the Longshoremen's Strike Had Persisted? Examining the Potential Economic Fallout
Could a prolonged strike have disrupted U.S. supply chains further?
ContinueConstruction / Project Planning
Retail Construction: Adapting and Thriving in a Changing Market
Retailers must adapt to experiential trends to thrive in today's market.
ContinueFood Processing
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Industrial packaging evolves rapidly to meet sustainability goals, cost controls, and market demands, requiring customizable and innovative solutions for manufacturers.
ContinueLocation Canada
Foreign Direct Investment in Canada – Grace Under Pressure
Foreign Direct Investment in Canada faces new challenges and opportunities as the country navigates economic shifts and evolving investment strategies in key sectors like electric vehicles, clean energy and advanced manufacturing.
ContinueFood Processing
Cold Storage: The Next Big Thing in Industrial Real Estate
Cold storage is emerging as a vital part of industrial real estate, driven by food safety, diversified supply chains, and the rise of online grocery shopping.
ContinueSite Selection Factors / Strategy
The Critical Role of Real Estate in Site Selection Projects
Strategically selecting sites that optimize economic, logistical, and sustainability factors, not only enhances operational efficiency but also secures a robust foundation for future growth and success.
ContinueContributed Content
Middlesex County Attracts High-Technology Investments
With robust infrastructure, cutting edge technology, a skilled workforce, a pro-business climate, and comprehensive supply chain support, Middlesex County nurtures a thriving business community.
ContinueContributed Content
Virginia Talent Accelerator Program Serves Up Workforce Training for Tyson Foods
A $93 million investment in workforce training through the Virginia Talent Accelerator Program and Danville Community College sealed the deal for Tyson Foods' new plant, driving economic growth and job creation in Southern Virginia.
ContinueAutomotive
Can the UAW Make Substantial Inroads in the Southern States?
Southern states' preference for right-to-work laws and their culture of self-reliance contribute to a deep-rooted resistance to unionization. Many workers do not share the UAW’s political agenda.
ContinueAutomotive
The Cost of Labor and Workforce Skills Necessary for the Transition to an Electrified Auto Industry
Why executives must prioritize workforce skills for the electric vehicle transition.
ContinueAerospace
Emerging Markets in Aerospace: Navigating Federal Funding and Strategic Expansion
Strategic federal funding shifts are creating new growth opportunities in the aerospace sector. Here's how companies can navigate real estate choices, talent acquisition, and supply chain management to stay competitive.
ContinueSite Selection Factors / Strategy
Mitigating Site Risks for Industrial Projects
New technologies and improved planning identify and address site issues, saving millions in potential delays and mitigation costs.
ContinueEnergy / Clean Tech
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Nuclear power and big tech form new energy partnerships for sustainability.
ContinueTaxes / Incentives
South Carolina Enacts Key Tax Credits to Boost Economic Development Efforts
SCEDA priority legislation could boost state’s economic development efforts.
ContinueAerospace
St. Louis Aerospace Sector Takes Flight with $5 Billion in Investments and New Task Force
Mound City emerges as a hub for aerospace investments and jobs.
ContinueLogistics / Infrastructure
The Role of Rail in Industrial Development
Area Development talked with Norfolk Southern’s GVP of Industrial Development, Craig Hudson, about the evolving importance of rail in site selection, supply chain sustainability, and emerging sectors like metals and advanced materials.
ContinueAdvanced Manufacturing
From Steel to Silicon: Chicago’s South Works Site to Host Largest U.S. Quantum Computing Hub
The $2.2 million project will transform the former industrial site into a cutting-edge quantum computing facility, advancing Chicago’s role in the tech industry.
ContinueFood Processing
First Person: Scott Kupperman, Owner, Kupperman Location Solutions (KLS)
Area Development interviewed Scott Kupperman about factors affecting food processing site selection, including cost pressures, geographic preferences, financial considerations, automation, labor shortages, and sustainability.
ContinueCapital Access / Finance
Large-Scale Projects Face Financing Challenges
Executives have been forced to find new ways to finance projects.
ContinueLocation Canada
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Hydrogen is transforming clean energy, with Canada leading through innovative production methods, diverse applications, and strong government support, driving future growth and sustainability.
ContinueSkilled Labor / STEM
Green Jobs Boom in 2023: Is the IRA a Leading Factor?
Is the IRA driving a surge in green jobs, or is it part of a broader clean energy movement?
ContinueAutomotive
The Impact of the November Election on the Auto Industry: Navigating a Revolutionary Transition
Continuation or expansion of current mandates and incentives would accelerate the transition to electric vehicles, while a rollback might provide temporary relief for ICE manufacturers but hinder long-term progress towards cleaner technologies.
ContinueAerospace
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Opportunities Expand Nationwide, Creating a New Era of Economic and Job Growth Across the U.S.
ContinueLogistics / Infrastructure
Riding the Rails: A Discussion About the Cost, Sustainability, and Innovation in Rail Infrastructure for Modern Supply Chains
A discussion with JC Renshaw (Savills), Joe Dunlap (Legacy Investing) and Matt Powers (OnPace Partners), about the state of rail infrastructure for site selectors.
ContinueAutomotive
Electric Vehicles: Funding Infrastructure to Achieve 50% by 2030
Achieving the Biden administration's ambitious EV goals requires innovative solutions, strategic partnerships, and significant investments in both charging stations and electrical grid enhancements.
ContinueAutomotive
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Power generators and grid operators are investing more capital than originally forecasted, disrupting the supply chain with spiking equipment prices and extended delivery times. Revised forecasts show a significant increase in capital expenditures, causing delays and cancellations.
ContinueAerospace
The War on Talent in Aerospace: Strategies for Attracting and Retaining a Skilled Workforce
Effective talent management is essential in today's aerospace and defense industry. By focusing on competitive compensation, modern facilities, and professional development, companies can secure the skilled workforce needed to thrive.
ContinueProject Announcements
Japan-Based DENSO Expands Athens, Tennessee, Manufacturing Operations
11/02/2024
Western Smokehouse Partners Plans Mexico, Missouri, Manufacturing Operations
11/02/2024
Ridgenet Network Group Expands Pulaski County, Kentucky, Manufacturing Operations
11/02/2024
BENTELER Automotive Corporation Expands Duncan. South Carolina, Operations
11/02/2024
Graham Packaging Expands Tangipahoa Parish, Louisiana, Production Operations
10/30/2024
OmniaBio Plans Hamilton, Ontario, Manufacturing Operations
10/30/2024
Northern Hardwoods Lumber Upgrades Houghton County, Michigan, Operations
10/30/2024
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Cold Storage: The Next Big Thing in Industrial Real Estate
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