IBM Global Location Trends
10-1-2008
Some of the key findings from this year's report are:
• Globally, an estimated 1.2 million jobs will be created by 10,200 foreign (greenfield) investment projects announced in 2007. This is a reduction of some 20% from 2006 (an all time record year), but remains a high performance equal to the number of jobs announced in 2005.
• The widening of global investment is a structural trend: despite an overall decrease in total investment, companies extend their search for markets, talents, and cost efficiency to new corners of the world.
• New emerging markets continue to appear on companies' radar screens; Latin America & Africa in particular are increasing their share of global investment
• Different strategic location drivers (market, talents, cost efficiency) result in a variety of location choices by sector and business function; targeted economic development strategies are indeed effective in responding to these different location strategies.
• Renewable energy sector promises to be an important new job creator in many different areas globally.
• Indian and Chinese companies are increasingly creating jobs in key global markets, and becoming important target groups for inward investment attraction.
• Competition for skills, markets and cost efficiencies forces companies to be increasingly innovative in where they locate their activities and how they structure their global footprint.
Project Announcements
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
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