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Business Globalization / Next Shoring

Innovation Corridors Update

John W. McCurry (Q4 2022)

From robotics to EVs, from semiconductors to the life sciences, metro and regional hubs of innovation are advancing economic development across the nation. More

NYC Economy Going Strong

NYCEDC (Q4 2022)

A new report on New York City’s economy shows that the city still lives up to its long-standing reputation as the global business capital. More

Fixing the Supply Chain with AI and Robotics

Steve Kaelble, Staff Editor, Area Development (Q4 2022)

Automation, industrial robots, and other technology solutions have allowed manufacturers to shorten their supply chains, while also making them more efficient and reducing labor costs. More

Factoring Mexico Into a Solution to the Global Supply Chain Crisis

Bob Cook, Senior Vice President, Latin America, Site Selection Group, LLC (Q4 2022)

While its proximity to the U.S. and lower labor costs make Mexico a good location for a manufacturing operation, other costs may be higher, and its supplier base still lacks maturity. More

Amid Rebound, U.S. Regains Position as World Leader in FDI

Brian Jones, President & CEO, Gray Construction (Q4 2022)

Traditional and rapidly emerging industries alike are choosing the U.S. for its stable and innovative market, skilled workforce, and favorable tax and regulatory climate. More

Front Line: Taking a Deep Dive into Suppliers’ Labor Force

Dan Emerson, Staff Editor, Area Development (Q4 2022)

Heightened supply chain visibility will let manufacturers know if their suppliers are using forced labor, which puts them at risk for legal penalties as well as damage to their brand. More

“Friend-Shoring” To “Next-Dooring”

Daniel Ujczo, Senior Counsel, Thompson Hine LLP (Location Canada 2022)

Canada holds a strategic position as a critical investment destination in a new era of global supply chains and sourcing. More

Navigating the Change: Business Location and Economic Development in Canada

Julia Stefanishina, Senior Vice President/Associate Partner,  Ernst & Young and Elizabeth Pringle, Associate Partner, Ernst & Young (Location Canada 2022)

De-globalization, supply chain disruptions, an evolving tax landscape, tight labor markets, and the continued rise of ESG are among the issues manufacturers are facing. More

Manufacturing’s Last “KISS”

Jeff Troan, Managing Director, Vista Site Selection, LLC (2022 Auto/Aero Site Guide)

Although those in the aerospace and other industries once believed that the simplest solution to a production problem was undoubtedly the optimal one, it often creates inefficiency in design and production that makes for a competitive disadvantage in today’s global marketplace. More

Last Word: Decision-Making Dynamics in an Uncertain World-Business Despises Uncertainty

Robert Hess, Vice Chairman, Newmark  (Q3 2022)

Data points are shifting, and location decision-making must change to be evidence-based in approach. Long-term planning is admirable, but short-term incremental gains may be more prudent in the near-term economy. More

To Cluster or Not to Cluster…That is the Question!

Rich Thompson, International Director, Supply Chain & Logistics Solutions, JLL (Q3 2022)

Although clusters are here to stay in some sectors — think life sciences — other industries — among them EVs and semiconductors — are geographically branching out. More

Front Line: Is Reshoring Production the Answer to Supply Chain Woes?

Dan Emerson, Staff Editor, Area Development (Q3 2022)

In light of supply chain challenges post-pandemic, some manufacturers have decided to reshore their production, with varying results. More

First Person: Global Trade and Development Face Big Challenges in 2022

Robin van Puyenbroeck, Executive Director, Business Development, World Trade Centers Association (Q3 2022)

Area Development’s editor recently asked Robin van Puyenbroeck, executive director of business development for the WTCA, about trends in global trade and investment, top challenges, supply chain woes, and how to prepare for the next global crisis. More

Supply Chain Mix and Match

Derek Cutler, Chief Economist, EBP-US and Christopher Steele, President & CEO, EBP-US (Q3 2022)

Global trade imbalances have been created by systems designed pre-pandemic to handle JIT manufacturing that were not adaptable to sourcing and moving goods. More

Foreign-Trade Zones: The Best, Zero-Cost Incentive for Your Business

Curtis Spencer, President, IMS Worldwide, Inc. (Q2 2022)

FTZs can bring in millions of dollars in additional profits and cost very little to maintain relative to the investment. More

Driving Into An Electric Vehicle Future

Kentucky Cabinet for Economic Development (Q1 2022)

The transition to EVs will bring mega investments and thousands of jobs to some communities while disrupting makers of ICE vehicles, the communities in which they’re located, as well as their employees. More

36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

A tight labor market, supply chain challenges, and rising costs have resulted in some surprising changes in corporate respondents’ location priorities. More

18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

Supply chain considerations, the shortage of skilled workers, and a lack of industrial space are top of mind for their clients, according to consultants responding to our annual survey. More

2022 Trade Concerns for Manufacturers

Laura Rabinowitz, Shareholder, Greenberg Traurig, LLP (Q1 2022)

With tariffs increasing, as well as a heightened focus on products made with forced labor, importers must carefully examine their supply chains in order to figure out how to mitigate their exposure. More

How an International Business Can Enter the U.S. Market Via M&A

Stephanie Few, Partner; John Scannapieco, Partner; Michael Cashin, Partner; Caroline Frey, Associate; Womble Bond Dickinson (US) LLP and, Robert Winborne, Managing Director; Brookwood Associates (Q4 2021)

Tapping into the U.S. market can provide a company with many advantages, but the process can be complicated and require professional advice and support. More

Canada’s Diversity and Positioning Is Promising

Marc Beauchamp, President & CEO, CAI Global (Location Canada 2021)

Although the pandemic caused FDI to slow, with its diverse workforce, Canada is experiencing a surge in Industry 4.0 projects and may benefit from U.S. firms nearshoring their supply chains. More

Canadian Industrial Sectors Expand with Business and Government Investment

Gregg Wassmansdorf, Senior Managing Director, Global Corporate Services, Newmark  and Gabriel Dion, Director, Global Strategy, Newmark (Location Canada 2021)

Diverse public-sector infrastructure investments, streamlined regulations, and certified site programs are driving private-sector industrial investment and expansions across Canada. More

2021 Gold & Silver Shovel Awards Project of the Year: Taiwan Semiconductor’s New Phoenix Plant Will Help Alleviate U.S. Chip Shortage

Steve Kaelble, Staff Editor, Area Development (Q2 2021)

The semiconductor company’s new $12 billion plant in Phoenix, Ariz., will produce 20,000 wafers monthly and is expected to create 1,600 jobs. More

Immigration Tips for International Business Travelers During the Pandemic

Stephanie Few, Partner, Womble Bond Dickinson (US) LLP and Jennifer Cory, Leader, Immigration Solutions Practice, Womble Bond Dickinson (US) LLP (Q2 2021)

As international business travelers resume their travel to the U.S. for site visits and face-to-face meetings, there are specific guidelines to keep in mind to facilitate the entry process. More

FDI Creates Symbiotic Relationship With U.S. Suppliers

Jonathan Samford, Senior Vice President, External Affairs, Global Business Alliance (Q2 2021)

Area Development’s editor recently asked Jonathan Samford, Senior Vice President of External Affairs at the Global Business Alliance, about the importance of FDI to the U.S. economy and why U.S. workers — as well as U.S. supplier companies — benefit from this investment. More

Shoring Up Operations for Growth

Jeff Jorge, Principal; International Growth Services Practice Leader , Baker Tilly, LLP and Thane J. Hutcheson, Director, Baker Tilly, LLP (Q2 2021)

Both domestic and foreign companies with operations abroad are realigning their supply chains and moving operations closer to the U.S. in order to strategically position themselves for growth. More

Mitigate the Risks of Supply Chain Disruption

Scott McCandless , U.S. Trade Policy Leader , PwC and Mark Hermans, Managing Director, PwC (Q2 2021)

There are four steps businesses can take now to prepare proactively for policy changes. More

Front Line: U.S. Semiconductor Industry Faces Crises, Opportunities

Karen Thuermer, Staff Editor, Area Development (Q2 2021)

Incentives to encourage U.S. chip manufacturing would help to alleviate the current global semiconductor shortage brought about by the pandemic. More

35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans

Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)

As expected, the COVID-19 pandemic has affected our corporate readers’ location plans and priorities as they increased their resiliency efforts. More

17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead

Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)

Those responding to the Consultants Survey express optimism about their clients’ plans for the year ahead while acknowledging their increased focus on costs and logistics going forward. More

Front Line: Job Creation Through Reshoring

Dan Emerson, Staff Editor, Area Development (Q1 2021)

Companies are considering reshoring operations for better supply chain management and are creating jobs in the process. More

“Made in America” Executive Order to Affect International Companies and FDI

Morgan Crapps, Principal, Parker Poe Consulting (Q1 2021)

The new administration’s Executive Order may provide the impetus for those companies considering U.S. manufacturing projects to proceed. More

Challenges of Moving Manufacturing Out of China

Rosemary Coates, Executive Director, Reshoring Institute; President, Blue Silk Consulting,  (Q1 2021)

When moving manufacturing out of China, there’s a lot to consider, e.g., employment contracts, retrieval of tooling and molds, IP protection, and taxes and fees. More

What Should a CFO Know About Investment Opportunities in Latin America

Jeffrey Garza Walker, Senior Vice President, Cresa and Joshua Rodriguez, Vice President, Cresa (Q4 2020)

Jeffrey Garza Walker, Senior Vice President, and Joshua Rodriguez, Vice President, Cresa, spoke with Area Development about the state of cross border investment between the United States, Mexico and Latin America after their presentation at our 2019 Houston Consultants Forum. More

How to Navigate the Reshoring of Pharmaceutical Manufacturing

Darren Jones, John Finan, and Cory Wendt, Baker Tilly US, LLP (Q4 2020)

With global vulnerabilities in the supply chain and the ever-changing landscape of the “new normal,” pharma industry leaders need to have a clear map for the road ahead. More

A Guide to Aerospace Investment Decisions

Scott Thompson, U.S. Aerospace & Defense , PwC (2020 Auto/Aero Site Guide)

Where should aerospace focus production during a prolonged recovery — and for the long haul? More

The New Normal in the Automotive Supply Chain

Daron Gifford, Strategy Consulting Services Leader, Automotive Industry Leader, Plante Moran (2020 Auto/Aero Site Guide)

While COVID-19 has disrupted the auto supply chain, it has created new opportunities to establish a stronger U.S. footprint, utilizing automation and other new technologies. More

Navigating Canada’s Complex Incentives Landscape

Navid Hemmati, Senior Manager, Business Tax Incentives, EY Canada (Location Canada 2020)

Canadian business incentives can build resiliency and long-term growth. More

Canada’s Talent Advantage Builds Investor Confidence

Ian McKay, CEO, Invest in Canada (Location Canada 2020)

Its highly educated workforce, open and inclusive society, and support for business will ease your company’s investment in Canada. More

Canadian Opportunities for Growth in the New Normal

Anita Shinde, Partner, Economic and Advisory, Canada, Deloitte  (Location Canada 2020)

COVID-19 has shaken up global competitiveness, potentially offering Canada unique opportunities to recover and thrive. More

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