Retention Incentives Lure Companies to Stay Put
There are states that have recognized the value in trying to retain jobs and reward job creation from existing operations at the same time with retention incentives
Despite nearly two years of recession, a global credit crisis, and massive government budget deficits, business incentives are as viable and important as ever in the site selection and economic development process.
Labor costs - a major operational cost component - are ranked as the most important site selection factor by corporate executives.
A recent survey by Crowe Horwath LLP and IndustryWeek Custom Research reveals that U.S. manufacturers are looking to the future with a mix of optimism and caution.
The taking of land for "public use" is something that corporate executives may need to consider when acquiring property for a new facility.
Although the re-use of decommissioned automotive facilities presents many challenges, some companies are successfully utilizing these idled plants.
Despite the fact that the auto industry has fallen on hard times, development of innovative technologies holds promise for renewed growth in this sector.
Companies that take advantage of customized work-force development programs across the South have found success.
Fuel cell industry is on cusp of green economy with jobs awaiting.
As the weakened U.S. Glass Industry calls on Washington to raise tariffs on imported glass, there are opportunities in high-tech applications that need to be manufactured domestically.
Implementing human risk management tools and techniques as business operations grow.
During these recessionary times, companies should rethink their business model.
Companies should stop focusing on short-term concerns and plan instead for economic recovery.
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