One of the most often cited reasons for the location of a new business is quality of life, yet it is one of the areas policymakers most often overlook.
While some processors are closing plants to eliminate redundancies, others are expanding to be in closer proximity to customers.
A combination of design-build and precast building systems is helping to deliver high-performance facilities within shorter timeframes and at lower cost.
Growth in the automotive, aerospace, and other transportation related manufacturing industries is rolling along at a steady pace.
As governments at all levels increase their use of incentives, companies must figure out how to best capitalize on these offerings to increase their competitive advantage.
Energy availability is a vital factor in any site selection process. Making an energy decision is more than just cost per kilowatt-hour — a well-designed utility plan should also take into account grid capacity, rate structure, service/distribution, and related utilities, such as wastewater treatment.
From using locally sourced materials during construction to utilizing renewable energy sources to distributing products by rail, each company is embarking on its unique path to sustainability.
In many key sectors, the initial alignment of corporate and production operations has shaped regions and influenced the industrial landscape in a very permanent way.
Those charged with the location decision should look for tangible evidence that the communities they are considering are taking an integrated approach to community development.
Although the economy was off to a slow start this year, the states and MSAs highlighted in Area Development’s Gold and Silver Shovel and 100 Leading Locations reports will be among the leaders of the predicted economic rebound for 2014.
Jeff Troan, of Lockheed Martin, talks to staff writer Clare Goldsberry about economic development issues facing the aerospace industry including priorities when making location decisions and the value of incentives.
Business shifts are often unimaginable to the tenant at the beginning of a lease term, but planning for them is as important as negotiating any other element in the agreement.
As states throughout the nation struggled during the recession, Kentucky quickly acted to help its economy not only recover but also grow.
Tomorrow’s workforce will not necessarily change space requirements but rather how that space is organized and utilized. Therefore, a shift has been made from strict workplace utilization into a more flexible occupancy measure.
A development strategy touting its attractive quality of life as well as favorable business climate has made the Fort Lauderdale area a top choice for headquarters operations.
Only those suppliers selling parts and components to original equipment manufacturers (OEMs) who improve their overall productivity faster than their competitors will continue to prosper as the economy revives and the OEMs keep driving relentlessly to cut their costs.
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