Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)
The results of our 35th annual Corporate Survey and 17th annual Consultants Survey reflect changes brought about by the COVID-19 pandemic, including a temporary and/or permanent transition to remote work and an increase in the importance of quality of life.More
Ann Marie Woessner-Collins, Managing Director, Savills (Q1 2021)
The Corporate Survey results reflect recent trends including the COVID-19 pandemic’s exposure of vulnerabilities in the supply chain that are also affecting the real estate environment.More
Companies are realigning their supply chains while also instituting automated processes, which makes them more sensitive to energy reliability and rates.More
James Blair, Managing Director, Navigator Consulting (Q1 2021)
While workforce quality and costs continue to be highly ranked factors, the current operating environment has caused companies to increase their emphasis on logistics/shipping costs.More
Steven Tozier, Executive Director, Ernst & Young LLP (Q1 2021)
Companies recognize the importance of a location’s quality of life in in attracting the skilled labor that they need, and taxes and incentives continue to be a top criteria as well.More
Alexandra Segers, General Manager, Tochi Advisors (Q1 2021)
Training programs and quality of life are two factors that have seen a jump in importance over the 35-year course of the Corporate Survey; as of now, however, some short-term facility plans have been put on hold.More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)
Those responding to the Consultants Survey express optimism about their clients’ plans for the
year ahead while acknowledging their increased focus on costs and logistics going forward.
More
Chris Volney, Senior Director, Labor Analytics, CBRE (Q1 2021)
According to the survey results, companies have become increasingly cost-conscious and are also placing a higher value on quality of life and place.More
Marc Beauchamp, President & CEO, CAI Global (Q1 2021)
Although the Corporate Survey reveals that most companies did not change their overall corporate real estate strategy during the past year, they now appear to be taking a more prudent approach when it comes to plans for new/expanded facilities.More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2020)
Plans for new and expanded facilities among the smaller firms (in terms of employment numbers) responding to our Corporate Survey are not as robust as those of larger firms that employ consultants to help in location analysis and site decisions.More
This year’s Corporate Survey results echo the continued strong demand we are seeing in the U.S. industrial sector, as well as the continuing “war for talent.”More
Courtney Dunbar, Site Selection & Economic Development Leader, Burns & McDonnell (Q1 2020)
Companies are utilizing advancements in pre-capital planning to select sites to fit their labor force and logistical needs as well as to design their facilities.More
Chris Schwinden, Vice President, Site Selection Group (Q1 2020)
Considering the importance of access to skilled labor at a reasonable cost, why don’t corporate executives give more importance to training and technical programs?More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2019)
Our survey Results indicate that despite an uncertain operating environment and continuing concerns about the availability of skilled labor, plans for new and expanded facilities still are on the horizon.More
Kate Crowley, Principal, Baker Tilly Virchow Krause, LLP (Q1 2019)
In light of the new tax code, corporate tax liability and state and local incentives to reduce that liability have taken on increased importance in the site selection process.More
Mid-cap companies are poised to grow significantly in the next five years, representing a healthy sign for the overall economy as well as diversification for the markets in which they choose to grow.More
While the long-term effects of recent tax cuts and increased tariffs on facility plans remain to be seen, difficulty in finding a workforce with the required skill sets is a continuing problem.More
David J. Robinson, Principal, The Montrose Group, LLC (Q1 2019)
Public policymakers and the private market help to address the cost of doing business at a particular site with an attractive tax policy and affordable energy costs, in addition to providing a qualified labor pool.More
Dan Levine, Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc. (Q1 2019)
Although manufacturing and technology companies often have divergent needs and cluster in varied geographic locations, both are having trouble finding the workforce they require.More
Marc Beauchamp, President & CEO, CAI Global (Q1 2018)
The Corporate Survey results illustrate a level of uncertainty by investors — a clear indication of how challenging the investment project decision-making process has become.More
Dan Breen, Executive Vice President, Location Economics, JLL and Jubal Smith, Managing Director, Location Economics, JLL (Q1 2018)
In response to a limited supply of quality sites, tight labor pools, and a rapidly-shifting economic policy environment, businesses must move quickly and strategically.More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2018)
Although the U.S. economy is strong, there may still be some hesitancy in investment decisions brought about by an uncertain legislative environment.More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)
The responding consultants are confident that economic conditions under the Trump administration will be favorable to their clients moving ahead with new facilities plans, but also believe potential penalties for moving offshore will affect those plans. In fact, nearly two thirds believe there will be financial inducements to reshore operations. And 100 percent say finding skilled labor is the number-one priority.More
Don Moss, Partner, Colliers International and Grant Miller, Partner, Colliers International (Q1 2017)
Our findings align with those of the Corporate Survey; not only are highway access and labor skills and costs of the utmost importance in siting new facilities, but so are permitting and regulatory issues.More
Bradley Migdal, Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc. (Q1 2017)
The lack of available buildings in certain markets, as well as rising rental and labor costs, has made expansions more expensive than ever and heightened the need for economic incentives in order to make projects a reality.More
Kentucky Cabinet for Economic Development (Q1 2017)
The factors considered most important when making a location decision have been cited by many of the corporate executives who have made the decision to locate or expand facilities in Kentucky. More
Charles L. Ruby, Director, Deloitte Tax LLP (Q1 2017)
Communities with good highway accessibility and top-notch talent will continue to emphasize their unique quality of life as a differentiator to both attract and retain employers and employees alike.More
Christopher Steele, Global COO and North American President, Investment Consulting Associates (ICA) (Q1 2017)
While a favorable reaction to the Trump administration’s policies may result in the U.S. being a prime area for corporate expansion, proposed protectionist measures could cause corporate investors to hold off on making decisions until the dust settles.More
Dan Levine, Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc. (Q1 2017)
International site selection is already changing in response to our new era of presidential tweeting. To last year’s rankings must now be added the challenges presented by major shifts in federal policies and tactics. More