Editor's Note: Our New Online Tool for 2011
Area Development's new FacilityLocations.com provides a comprehensive site selection resource of economic development agencies, utilities, GIS mapping, and more.
2011 Directory
Americans' confidence in the economy rose to a five-year high in November so it's not surprising that "American factories are catching a second wind as consumers start to flex their wallets," said Sal Guatieri, an economist with BMO Capital Markets. Businesses are also investing in industrial machinery and equipment, and hiring has picked up slightly, although not enough to broadly reduce unemployment rates.
Although the Federal Reserve predicts the economy will only grow by 2.4 to 2.5 percent this year, the Board projects the U.S. economy to expand by 3.0 to 3.6 percent in 2011. It's no wonder, then, that Chief Executive magazine's CEO Confidence Index increased 14.7 points (or 14.4 percent) to 102.1 in late November.
A recent Grant Thornton LLP survey of senior management at U.S. manufacturing companies further bears out this optimism: Nearly half of those surveyed believe the economy will improve within the next six months, and the same percentage said they expect to increase employment over that period - great news!
With that in mind, CEOs - as well as CFOs and other C-level executives - might soon be in expansion and new location mode and should keep this issue of Area Development, our 2011 Annual Directory, on hand. Even more importantly, they should use our new online tool, FacilityLocations.com, to guide them to the 5,000+ contacts who can help with the site search.
Our new online directory - FacilityLocations.com - includes:
• Web and e-mail links to economic development and consulting contacts across the U.S. and internationally
• GIS mapping and radius demographic reports
• Available buildings and sites listings
• Social media contact information
• RSS newsfeeds
• Streaming videos and more
A visit to this new site will help to expedite the location search as the economy continues to improve.
Project Announcements
Allegis Group Establishes Jacksonville, Florida, Operations Center
07/02/2022
Boston Scientific Plans Johns Creek, Georgia, Manufacturing-Supply Chain Hub
07/02/2022
The Kroger Establishes Pleasant Prairie, Wisconsin, Fulfillment Center
06/30/2022
Loc Performance Products Upgrades St. Marys, Ohio, Facility
06/30/2022
Lockheed Martin Plans Huntsville, Alabama, Missile System Integration Lab
06/30/2022
EAB Consolidates-Expands Henrico County, Virginia, Operations
06/30/2022
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