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Government Policy / Business Climate

The Rise of Mid-Size U.S. Cities: The Industrial Development Boom

Emelie Hegarty, Business Strategy Manager, Quest Site Solutions (Q3 2023)

As company needs have evolved, many are gravitating to smaller urban areas that often provide them with a lower tax burden, affordable real estate, and development-ready sites. More

2023 Top States for Doing Business Meet the Needs of Site Selectors

Steve Kaelble, Staff Editor, Area Development (Q3 2023)

The states considered the best locations for doing business according to an expert panel of location consultants are the highest performers in more than a dozen categories upon which companies make their site selection decisions. More

EV Impacts to Watch in 2023 and 2024

Lauren Berry, Senior Manager, Location Analysis and Incentives, Maxis Advisors (2023 Auto/Aero Site Guide)

The long-term impact of the shift to EVs — including challenges sourcing battery materials and the increased demand on utility capacity — will be far-reaching. More

New/Expanded Incentives for Sustainability-Related Investments

Sean P. Byrne, Of Counsel, Vorys, Slater, Seymour and Pease LLP and Scott J. Ziance, Partner and Economic Incentives Practice Leader, Vorys, Sater, Seymour and Pease LLP (Q2 2023)

The picture is becoming clearer for the Inflation Reduction Act tax credits, with further guidance to come. More

Is a Flurry of Fads Shaping Economic Development Policy?

Ben Worrell , Principal, McGuire Sponsel (Q2 2023)

Chasing the latest flurry of fads may not help business leaders or the communities in which they locate achieve long-term success. More

Building the Nation’s EV Charging Infrastructure

Josephine Tucker, Managing Director, Clean Energy and Infrastructure Advisory, JLL (Q2 2023)

Public-private partnerships can help states and cities expand their electric vehicle charging infrastructure. More

Last Word: The CHIPS Act

Liesel Schmader, Senior Consultant; Addison Collins, Consultant; and Sarah Raehl, Senior Manager; Location Strategy, Deloitte Consulting LLP (Q1 2023)

How is the Chips Act driving investment in the U.S., and how can local initiatives help? More

37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)

Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation. More

19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)

Consultants responding to our survey say economic conditions are affecting their clients’ expansion/investment plans, with labor and energy availability and costs of prime concern. More

Federal Legislation Affects Companies’ Investment Plans

Jacob Everett , Founder, Corsa Strategies (Q1 2023)

Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation. More

Corporate Decision-Makers Face a Challenging Environment

Larry Gigerich, Executive Managing Director , Ginovus (Q1 2023)

The rankings clearly reflect the impact of geopolitical and economic instability, as well as technology. More

Labor Related Factors Are Key

Bradley Migdal, Executive Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc. and Matt Niehoff, Senior Consulting Analyst, Location & Labor Analytics, Cushman & Wakefield (Q1 2023)

Companies are searching for the right balance of labor — at all skill levels — that can satisfy their needs not only now but also into the future. More

Energy Costs Come to the Forefront

Lauren Berry, Senior Manager, Location Analysis and Incentives, Maxis Advisors (Q1 2023)

The shift away from carbon-emitting fuels and the unexpected spikes in natural gas pricing in 2022 have made industrial customers increasingly sensitive to energy costs in their location decisions. More

Companies Are Recalibrating Their Priorities

Eric Stavriotis, Vice Chairman, CBRE (Q1 2023)

In recent years many companies have been propelled to recalibrate priorities for their location strategies and resulting real estate footprints. The top site selection factors for occupiers today include the following: More

Deploying Location Strategy + Incentives to Meet ESG Goals

David Hickey, Managing Director, Hickey & Associates (Q1 2023)

CFOs and business leaders can utilize location strategy as part of their ESG mission through their workforce, workplace, and sustainability strategies, as well as by demonstrating social responsibility and good governance. More

What in the World? FDI Trends to Watch in 2023

Morgan Crapps, Principal, Parker Poe Consulting (Q1 2023)

Morgan Crapps, Principal at ParkerPoe Consulting, spoke at Area Development’s Women in Economic Development Forum about the trends and factors that shaped foreign direct investment in the United States in 2022, and what we’re tracking for 2023. More

Old Tricks, New Methods: Streamlining the FTZ Process with Software

Brent Dawkins, Director, Product Marketing, QAD (Q1 2023)

Despite the savings garnered by utilizing an FTZ, setting up and managing a foreign-trade zone is often a daunting process, but innovative software solutions can now help. More

First Person: Manufacturers: Disrupt or Be Disrupted

Karen Norheim, President & CEO, American Crane & Equipment Corporation (Q4 2022)

Area Development’s staff editor, Lisa Bastian, recently posed some question to American Crane’s CEO & President, Karen Norheim, about how overcoming pandemic challenges has strengthened the company for what lies ahead, as well as opportunities for women in manufacturing. More

Economic Impact and Importance of Social and Policy Issues

Stephanie Yarbrough, Partner, Womble Bond Dickinson (Q4 2022)

Businesses want to locate in states that adhere to their core values and are using their economic might to change the political landscape. More

Front Line: Taking an Expanded View of Climate Change

Dan Emerson, Staff Editor, Area Development (Q4 2022)

Climate change, corporate sustainability/ESG ratings, and the use of renewables are becoming increasingly important to companies as the planet heats up. More

ESG: The New Metrics in Construction and Real Estate

Michelle Palys, Vice President, Graycor and Brian Gallagher, Vice President, Corporate Development, Graycor (Q4 2022)

Key environmental, social, and governance (ESG) considerations include protecting the environment/reducing energy use, making positive contributions to the community, adopting inclusive workplace policies, and maintaining high standards of governance. More

Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?

Joseph Gioino, Senior Managing Director, Newmark and Alan Reeves, Senior Managing Director, Newmark (2022 Auto/Aero Site Guide)

Understanding the impact of both quantitative and qualitative factors is critically important to the operational efficiency and long-term success of your EV-related project. More

First Person: ESG Propels Honeywell in New Directions

Evan van Hook, Chief Sustainability Officer, Honeywell (Q2 2022)

Policies with regard to environmental, social, and governance issues have become increasingly important to all companies, as well as their shareholders, in the 21st century’s “sustainability revolution.” More

Foreign-Trade Zones: The Best, Zero-Cost Incentive for Your Business

Curtis Spencer, President, IMS Worldwide, Inc. (Q2 2022)

FTZs can bring in millions of dollars in additional profits and cost very little to maintain relative to the investment. More

36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

A tight labor market, supply chain challenges, and rising costs have resulted in some surprising changes in corporate respondents’ location priorities. More

18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

Supply chain considerations, the shortage of skilled workers, and a lack of industrial space are top of mind for their clients, according to consultants responding to our annual survey. More

How the Biden Energy Plan Will Impact U.S. Business

Mark Crawford, Staff Editor, Area Development (Q1 2022)

With the federal government’s commitment to sustainable energy, businesses must act now to not only meet the new guidelines but also to satisfy customers and investors alike. More

2022 Trade Concerns for Manufacturers

Laura Rabinowitz, Shareholder, Greenberg Traurig, LLP (Q1 2022)

With tariffs increasing, as well as a heightened focus on products made with forced labor, importers must carefully examine their supply chains in order to figure out how to mitigate their exposure. More

In Focus: Redefining the “Smart” in Smart Cities

Karen Lightman, Executive Director, Metro21: Smart Cities Institute, Carnegie Mellon University (Q1 2022)

Emerging robotics and AI technologies can help meet critical goals of connectivity, equity, and sustainability. More

Innovation Corridors Have Economic Assets Driving Business Growth

Steve Kaelble, Staff Editor, Area Development (Q4 2021)

By actively putting together the resources needed for innovative companies to survive and thrive, innovation districts and corridors have found a recipe for success. More

In Focus: A PFAS State of Mind

Bina Joshi, Partner, Schiff Hardin (Q4 2021)

While the law concerning PFAS is still in flux, property owners and operators need to consider its implications. More

Front Line: Infrastructure Investment Faces Hurdles

Dan Emerson, Staff Editor, Area Development (Q4 2021)

Projects funded by the infrastructure bill are projected to create nearly a million jobs — but filling those jobs may present a challenge. More

How an International Business Can Enter the U.S. Market Via M&A

Stephanie Few, Partner; John Scannapieco, Partner; Michael Cashin, Partner; Caroline Frey, Associate; Womble Bond Dickinson (US) LLP and, Robert Winborne, Managing Director; Brookwood Associates (Q4 2021)

Tapping into the U.S. market can provide a company with many advantages, but the process can be complicated and require professional advice and support. More

Editor's Note: Strong Government/Business Partnerships Mitigate Location Risks

Geraldine Gambale, Editor, Area Development Magazine (Q3 2021)

Economic development programs are evolving to help companies mitigate risks and boost their return on investment, while businesses are also placing increasing emphasis on environmental, social, and governance (ESG) issues. More

Shifting Dynamics in a Post-Pandemic World

Steven Tozier, Managing Director, Ernst & Young LLP (Q3 2021)

Your business may benefit from economic developers’ new targeted approaches that support new norms in the workplace, promote inclusive economic recovery, and place ESG at the center of their value proposition. More

Front Line: U.S. Supply Chains Face Critical Stage

Karen Thuermer, Staff Editor, Area Development (Q3 2021)

The pandemic accelerated the reexamination of U.S. supply chains, and a new report sets out a path for addressing vulnerabilities. More

Immigration Tips for International Business Travelers During the Pandemic

Stephanie Few, Partner, Womble Bond Dickinson (US) LLP and Jennifer Cory, Leader, Immigration Solutions Practice, Womble Bond Dickinson (US) LLP (Q2 2021)

As international business travelers resume their travel to the U.S. for site visits and face-to-face meetings, there are specific guidelines to keep in mind to facilitate the entry process. More

Shoring Up Operations for Growth

Jeff Jorge, Principal; International Growth Services Practice Leader , Baker Tilly, LLP and Thane J. Hutcheson, Director, Baker Tilly, LLP (Q2 2021)

Both domestic and foreign companies with operations abroad are realigning their supply chains and moving operations closer to the U.S. in order to strategically position themselves for growth. More

Front Line: Infrastructure Upgrades Vital to U.S. Economy

Dan Emerson, Staff Editor, Area Development (Q2 2021)

A mediocre grade for U.S. infrastructure indicates there’s much work to be done to bring it up to the safe, sustainable level vitally needed for the supply chain and economic growth. More

Mitigate the Risks of Supply Chain Disruption

Scott McCandless , U.S. Trade Policy Leader , PwC and Mark Hermans, Managing Director, PwC (Q2 2021)

There are four steps businesses can take now to prepare proactively for policy changes. More

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