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Area Development August 2012 Cover

August 2012

FEATURES

Public-Private Partnerships Illuminate a Community's Business Environment

Mark Crawford
Mark Crawford Staff Editor Area Development

Companies choosing a location where PPPs are in place can benefit from the public and private sectors commitment to economic growth.

Is Investment in an Urban Locale Right for Your Company?

Adam Prager
Adam Prager President Prager Company

Many cities are growing faster than their suburban counterparts, as companies mine their skilled work forces, affordable property, and financial inducements.

Why Manufacturers Are Choosing Mexico Over - and in Addition to - China

Douglas L. Donahue
Douglas L. Donahue Entrada Group

In addition to its lower labor costs, Mexico's proximity to the Americas and its stable, transparent operating environment are making it a location of choice for many U.S. companies.

A "High-Tech, High-Touch" Approach to Construction Management

Arlen Kleinsorge
Arlen Kleinsorge Senior Project Manager McCownGordon Construction

Contractors who engage in open communication and rigorous problem-solving and owners who view their contractors as trusted advisors are much more likely to achieve successful projects.

Primer: Tax Credits Designed to Incentivize Corporate Green Practices

Warren Kirshenbaum
Warren Kirshenbaum Founder The Cherrytree Group

A company can recoup some of the costs of "going green" through Renewable Energy Credits as well as Investment Tax Credits, among others.

Overcoming The Four Fundamental Roadblocks to Relocating a Business

Dana Olson
Dana Olson President and CEO Ecodev

Moving consistently makes top-10 lists when it comes to the most stressful life events, and moving can be even more challenging for companies than it is for individuals and families.

MARKET REPORTS

Regional Review: Mountain States Successfully Meet Economic Challenges

Over the past 12 months, the Mountain States' economies have been driven by a mixture of modern and emerging sectors - such as IT - and old standbys like dairy, which also opened the door for expansion - even as the region braced to learn the economic impact of devastating fires that occurred in June and July.

Regional Review: Mid-Atlantic States Focus on New Initiatives

Mali R. Schantz-Feld
Mali R. Schantz-Feld

As the Mid-Atlantic States slowly plod toward recovery, each state is concentrating efforts on differentiating from the pack.

Regional Review: South Atlantic Draws Firms From Around the Globe

Beth Mattson-Teig
Beth Mattson-Teig

Foreign direct investment is becoming a bigger economic engine for growth throughout the South Atlantic States.

Regional Review: New England States Are Well Positioned for Economic Growth

Mali R. Schantz-Feld
Mali R. Schantz-Feld

New England touts a long history of tradition, independence, strong character, and academics. The slow but evident economic recovery of the New England States reflects the persistent determination of its citizens and their resilience in the face of adversity.

Regional Review: Automakers Driving Growth in Southern States

Beth Mattson-Teig
Beth Mattson-Teig

Major automakers such as Ford, General Motors, Toyota, and Volkswagen are just a few of the players that have a strong and growing presence in the South. As the auto industry continues to recover, that formidable industry cluster is fueling growth across Alabama, Arkansas, Kentucky, Louisiana, Mississippi, and Tennessee.

Regional Review: Southwest States Deliver Job Growth

Beth Mattson-Teig
Beth Mattson-Teig

Arizona, New Mexico, Oklahoma, and Texas have generated nearly 280,000 new jobs over the past 12 months. Texas is responsible for producing the lion's share of those new jobs.

Regional Review: Natural Resources Fuel Growth in the Pacific States

Natural resources, particularly in the area of energy, serve as the lynchpin for the Pacific States, where hydropower is gaining in importance, and oil and gold exploration also offer major opportunities.

Regional Review: Midwest States Actively Diversify Their Economies

Mali R. Schantz-Feld
Mali R. Schantz-Feld

While manufacturing has always been a part of the region's history, a report entitled "Midwest Destiny" - by the Federal Reserve Bank of Chicago - noted that diversification has spurred other sectors, such as tourism, business services, and finance.

Regional Review: Pro-Business Environment Invites Economic Success in Plains States

Boasting low tax rates and aggressive recruitment programs, the Plains States point to major expansion projects as evidence of their economic health over the past year.

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