As companies continue to review their global site selection options, they are realizing the strong, measurable advantages a U.S. location offers. These advantages can easily be overlooked if the location decision is based on limited information or preconceived notions.
Data and analytics that tie real estate to corporate strategy are more achievable today than ever before.
Replacing aging plant and equipment will lead to acceleration in capital expenditure and, in turn, an increasing level of manufacturing relocation projects.
When both a company’s and community’s goals are clear, the desired outcomes are realistic, and the responsibility of all parties expressly laid forth, benefits can be achieved for both the public and private sector.
The development of oil and gas resources is driving infrastructure and manufacturing location decisions, while boosting U.S. competitiveness.
The need to fix crumbling infrastructure has entered the national conscious more prominently than ever before. The debate on how to best address this challenge has been increasingly playing out in the media and on legislative floors across the nation. Perhaps then, it should come as no surprise that Highway accessibility was the number-one ranked site selection factor by the corporate executives responding to our 29th Annual Corporate survey.
By analyzing usage and consumption patterns through energy management software, facilities are able to bridge the gap between the theory of saving energy and the act of actually eliminating wasted dollars through reduction in energy usage.
Adams Nager, an economic research assistant at the Information Technology and Innovation Foundation, recently talked with Area Development about the state of manufacturing in the U.S. In his career, Nager has focused on macroeconomic growth, competitiveness, and tax theory.
Economic benefits include construction and operations jobs and manufacturing and supply chain opportunities. More than 25 rail manufacturing companies and suppliers have committed to expanding their U.S. operations if their bids are selected for building high-speed rail systems.
Once only considered as a last resort by companies to reduce labor costs, contingent workers that possess high levels of industry-specific training are now used by manufacturers on an increasingly regular basis. It is estimated that by 2018 nearly 45 percent of the world’s total workforce will be contingent.
The location and expansion plans of our Corporate Survey respondents are not as robust as we had hoped, and their site selection priorities have been realigned, with facilities costs supplanting labor considerations.
The majority of those responding to the Consultants Survey feel the economy is already on a continuous growth track, which is reflected in the new facility and expansion plans of their clients.
The NLRB’s new union election rules shorten a company’s chances for convincing employees that there’s no need for a union — which could be preemptively avoided by better labor-management communication.
A tenant-based build-to-suit development provides complete transparency between the developer and tenant, enabling them to align their goals.
As companies compete to attract the best talent possible, locating in a redeveloped building — with its character, charm, and amenities — is becoming a key part of recruitment and retention strategies.
Offering healthcare benefits is good for employee recruitment and retention, but companies must balance this need with overall costs.
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