Regional sourcing is helping manufacturers save time and money; with that in mind, savvy suppliers are moving closer to the end users of their products.
While the new accounting standards will provide more financial transparency, they may lead to a false picture of a firm’s financial health.
Understanding the competitive economic climate across the United States, Congress and state legislatures continue to propose new legislation to compete in today’s economic environment.
Growth in “e-tailing,” as well as Class I railroad investment, is having a noticeable impact on the demand and development of industrial space.
Incentives are only part of an area’s economic development strategy and they are a necessity for companies that are struggling to compete in challenging economic times. See how Columbus, Ohio, Alabama and New York city have all recently successfully used incentives to promote economic growth.
By assessing a facility’s condition, functionality, and usage, organizations can optimally plan for the future and make intelligent investment choices.
More investment is needed by the private sector in order for full office recovery to take hold.
By offering great rates, reliable service, energy-efficiency measures, and attentive service, public power companies are creating a win-win situation for their customers as well as the communities they serve.
Although the survey results show no dramatic upswings in new facility or expansion plans, there are noted changes in site selection priorities – perhaps as a result of the lackluster economic recovery.
More than 120 leading site selection consultants who work with corporate end-users — and advise economic development organizations —give the priorities shaping new plant decisions for the months ahead in this 9th Annual Survey.
Intelligent Communities are differentiating themselves with a culture that uses smart technologies in creative and innovative ways — creating a key competitive advantage that in turn attracts investment and promotes economic growth.
Uncertainty about U.S. government policies — including healthcare and taxes — may continue to slow economic growth. These issues were cited by our survey respondents when asked what was preventing them from spending more of their earnings on investment in U.S. facilities.
The editor of Area Development magazine recently discussed the latest developments in the oil and gas industry and their economic impact with Alexander Frei, Director of the Business Incentives Practice at Cushman & Wakefield of Illinois.
North American life sciences companies are shuffling and right-sizing their footprints to maximize ROI in R&D and other corporate functions and, increasingly looking toward smaller metropolitan areas with rising industry influence.
With the economy continuing to improve, the volume of business moves is likely to pick up in the coming months. For businesses looking to relocate, identifying a qualified moving partner is not only an essential first step, it is also the single biggest factor that will determine if their move is successful.
Mission critical and data center site selectors and operators must be aware of the many utility variables that will impact the site location decision.
The manufacturing epicenters of the future will need to integrate supply chain, logistics infrastructure, work force, and community continuous improvement; the presence of rail services is an important link in that chain.
States will have the option of developing their own guidelines in a number of areas. Among the most important are details concerning the state-level health insurance marketplaces or exchanges. Decisions made at this level can make a big difference in the attractiveness of a state to new business.
The site selection needs of medium and small-size firms differ from those of larger firms so a singular approach to the facility location process will not fit all.
The incentives package that Kentucky recently awarded Ford to retain and grow jobs at two Louisville facilities is an example of how economic development agencies are taking steps to tweak financial incentives in order to make them more effective and protect their investments.
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