36th Annual Survey of Corporate Executives Commentary: Supply Chain Factors Take on Added Significance
The major supply chain disruptions experienced in 2021 are reflected in the survey results.
Q1 2022
It is interesting to note inbound/outbound shipping costs shot up to #4 in the 2021 ranking from #10 in the 2020 ranking. This emphasizes the strain rising costs are having on businesses and, in turn, site locations decisions. Raw materials availability also shot up in the rankings, from #21 in 2020 to #6 in 2021. Much of this can likely be attributed to the major supply chain disruptions experienced in 2021.
State and local Incentives remained in the top 10 again, moving from #9 to #8. As companies make site location decisions, they are still keenly aware of incentive opportunities and searching for state and local municipalities that will act as partners in their business locations decisions.
Project Announcements
Torus Establishes South Salt Lake City, Utah, Manufacturing Operations
09/18/2024
UK-Based Veetee Foods Plans Selma, North Carolina, Production Operations
09/18/2024
Optimum Technologies Expands Loudoun County, Virginia, Manufacturing Operations
09/18/2024
GP Portable Buildings Plans Marston, North Carolina, Operations
09/16/2024
American Type Culture Collection Expands Prince William County, Virginia, Operations
09/16/2024
Israel-Based Shalag U.S. Plans Mecklenburg County, Virginia, Manufacturing Operations
09/16/2024
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