Responsive economic developers, clearly defined property solutions, and minimization of risk and cost put states on consultants’ top-10 list.
Scott Kupperman, Founder, Kupperman Location Solutions (Q3 2021)
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Looking at the 10+/- states which top this list, I have to say there is not too much that I find surprising. While I cannot claim to have recent (within the past 12–18 months) experience working projects within all the states that rank highest overall on this list, I do have enough familiarity to note the following state-level factors I think most have in common and which have likely driven a favorable rating by those of us who responded to the survey:
- A state level economic development team, who is visible and accessible to the site selection community, is able to share valuable insight in addition to raw data, and can help match project and new investment opportunities with appropriate locations — This includes senior leadership who are willing to meaningfully engage with consultants and their clients in situations where final opinions are being formed.
- A robust choice of clearly defined property solutions in more densely populated metro areas, lower cost rural areas, and intermediate locations, which can result in acceptable compromise on some mix of these types of locations.
- A mix of programs that can demonstrate a clear ability to minimize the risk and cost associated with delivering and operating a new facility — Such programs relate to workforce recruiting and training, one time and recurring tax minimization, property related due diligence, and infrastructure and supply chain resources that support target industry.
TOP STATES FOR DOING BUSINESS 2021
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1.
Georgia
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2.
Texas
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3.
Tennessee
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4.
South Carolina
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5.
North Carolina
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6.
Alabama
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7.
Indiana
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8.
Virginia
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9.
Ohio
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10.
Florida
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11.
Arizona
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12.
Mississippi
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13.
Louisiana
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14.
California
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15.
Nevada
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16.
Kentucky
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17.
Utah
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18.
Oklahoma
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19.
New York
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20.
Kansas
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