Sustainable supply chain best practices can build upon site selection goals to reduce costs, mitigate risk, and increase speed to market.
In its quest for lower costs, modern facilities, and access to talent, the booming tech sector is finding it can strike gold outside California.
Mike Molnar, Director of the U.S. Department of Commerce’s Advanced Manufacturing Office, based at the National Institute of Standards and Technology, describes what’s being done to maintain U.S. leadership in this arena.
The strength of the industrial market gives companies the upper hand when making site selection decisions.
IPD requires considerable time and effort on the facility owner’s side, but this front-end planning will help in avoiding costly delays once construction gets under way.
Reliance on a community’s telecom and energy infrastructure has heightened the importance of these factors in the location decision-making process for both the providers and users of cloud computing services and the IoT.
New facility and expansion plans are up slightly on a year-over-year basis, although finding skilled labor is once again top of mind. Nearly half the respondents believe the U.S. economy is on a continuous growth track.
Two thirds of the consultants believe the economy is on a continuous growth track, and nearly all are busy helping clients with new facility and expansion plans. The primary recipient of these new facilities will be the Southern states.
Startup fever is exploding across America, as a slow-growth economy, corporate job cutbacks, and the work ethos and expectations of the burgeoning millennial generation reshape the business landscape.
CFOs believe North America can continue to shoulder the global burden of economic growth, while Area Development’s Corporate Survey respondents are evenly split on whether or not the U.S. economy has achieved a continuous growth track.
Mike McCormick, Vice President and Technical Plant Manager at the Bosch Rexroth facility in Fountain Inn, S.C., recently spoke with Area Development about the company’s decision to expand its presence in North America as well its efforts to build a qualified workforce.
As some states table or modify their incentives programs for financial and/or political reasons, growing companies need to take these actions into account when making location decisions.
Many urban industrial facility managers are familiar with working in nonattainment areas. But a new lower standard will sweep in new territory.
Employers trying to attract the technologically savvy millennials need to understand their living and working preferences.
Tennessee is actively addressing the challenge of providing companies expanding and locating in the state with a skilled workforce.
Pitt County is building on its success in the life sciences sector and its quality-of-life advantages.
Growing companies need to be aware of the many changes states are making to their incentives policies.
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