Navigating the FDI Process
Foreign firms seeking a U.S. location for a new or expanded facility may need assistance in navigating the federal, state, and local environments in which they will operate.
Foreign firms seeking a U.S. location for a new or expanded facility may need assistance in navigating the federal, state, and local environments in which they will operate.
With the right planning, investors and occupiers have a unique opportunity to reshape the future of the U.S. and Americas-wide manufacturing sector.
High energy prices and bureaucracy at home, geopolitical tensions, and supply chain demands are among the factors spurring European companies to expand or relocate operations to the United States.
Its strong maquiladora program, skilled labor, and favorable geographic location have made Mexico a top choice for nearshoring to the U.S. market.
Businesses want to locate in states that adhere to their core values and are using their economic might to change the political landscape.
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.”
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.
Entrepreneurism will be the “shot in the arm” the economy so desperately needs to recover.
The supply chain continues to be negatively affected by a shortage of long-haul truckers, in particular, but recruiting more military veterans and women may be part of the solution.
Finding the optimal site for a logistics facility often involves trade-offs between transportation, labor, and real estate costs, which may be lowered by incentives offered, as well as the need for speed to market.
A data-driven approach, enabled by AI and other technology, is enabling those charged with site selection to make better informed decisions that will allow their companies to thrive.
Real estate, labor, and transportation needs must be considered by companies considering a clustering strategy if they are to reap its full benefits.
Brian Murphy discusses how tax and finance can collaborate to advance a company’s key sustainability goals.
When a company cannot meet the original parameters set by its project, communication is critical to identifying potential solutions.
Chasing the latest flurry of fads may not help business leaders or the communities in which they locate achieve long-term success.
The picture is becoming clearer for the Inflation Reduction Act tax credits, with further guidance to come.
New regulations to expand cybersecurity expertise and reporting requirements can only help to eliminate the very real threats companies are facing on a daily basis.
To find out more about the current cyber threats companies are facing and their responses to such threats, Area Development’s staff writer, Lisa Bastian, interviewed Michael Morris, a managing director in Deloitte’s Cyber Detect & Respond practice.
Your company needs to have a plan in place to protect its data from a costly, devastating security breach — and a backup plan in place for if and when a breach occurs.
Although the responsibilities of the facility manager and project manager differ, there are times when you need both.
Communities that embrace creative solutions and collaborative approaches are well-positioned to thrive and attract jobs and investment from the private sector.
Found in both urban and rural areas and often with infrastructure in place, brownfield sites can be revitalized and reused with the proper remediation plan in place.
Here are three tips to help construction firms use joint ventures to meet demand without increasing risk.
The construction industry continues to face a skilled labor shortage, with worker scarcity worsening since the beginning of the pandemic. With this in mind, Area Development’s staff editor Lisa Bastian asked Joseph Natarelli, Marcum’s National Construction Leader, to share his perspective on this issue.
Courtney Dunbar, site selection lead at Burns & McDonnell, recently asked Matt Olson, Burns & McDonnell’s chief innovation officer, about how companies are navigating the digital transformation and its potential of fostering sustainable, resilient manufacturing practices.
Building owners may look at the new year as a time to make good on goals they set for their buildings in previous years – whether that means upgrading outdated technology, focusing on net-zero carbon goals, or enhancing occupant experience.
As constraints on power availability become more acute, embracing a utility-first approach emerges as imperative.
Area Development’s staff editor, Lisa Bastian, interviewed Stephanie Dorsey, CEO of Siemens Real Estate in the Americas, about the changing real estate needs of today’s innovative and growth companies.
The new year brings some significant changes that will impact employers who have entry-level workers, with 22 states raising their minimum wages effective January 1st.
According to the experts, respecting and listening to employees’ concerns is key to keeping unionizing efforts at bay.
A careful evaluation of a site’s labor force is needed to guard against unwelcome surprises.
With manufacturers today employing fewer minimum wage-workers, the industrial sector may be only minimally affected by an increase.
Reforms to U.S. immigration policy may help to supply more of the workers needed by companies that might otherwise choose to locate in other countries.
By upskilling its workforce, a company can improve its overall productivity, while positively impacting employee satisfaction and retention.
Investment in workforce training initiatives is essential not only to individual businesses but also to economic development on a local and national scale.
As companies weigh the benefits and challenges of increasing automation, local leaders must also evolve their incentives programs.
The idea of putting the needs of the potential workforce first when making the location decision mirrors retail’s tradition of prioritizing customer satisfaction.
From theory to action — CRE leaders are putting strategies in place to make the workspace a center of collaboration and innovation.
Industrial site selectors must consider not only a prospective location’s current labor pool but also its recruiting reach and unanticipated future demands and costs of a particular market.
When selecting a new site, companies today confront an ever-changing landscape of factors to consider, from site and facility planning to workforce analytics and training. Christine Chandler, president of AdvantaStaff, and Lovora Brown, AdvantaStaff’s director of Operations, who bring a combined 50 years’ experience in the manufacturing and distribution industry, provide their perspective on workforce issues that are important to companies’ location decisions.
With concerns about climate change now supplanting pandemic fears, projects to produce EVs — and the semiconductors used by vehicles and other high-tech goods — come to the forefront in this year’s Shovel Awards report.
Often referred to as “fabs,” the plants producing semiconductors are all big-money investments promising big job counts.
More than half a dozen of this year’s Project of the Year awards are related to EVs or the batteries that will power them.
Intel’s two new Arizona fabs that represent a $20 billion investment will make an impact on the semiconductor shortage resulting from pandemic-induced supply chain snarls.
The fluidity of digital innovation - and its lack of dependence on a traditional industrial infrastructure - means that tech havens are blooming in newer magnets where tech-savvy workers are prevalent, ranging from Ann Arbor, Michigan to Richmond, Virginia.
The new year brings some significant changes that will impact employers who have entry-level workers, with 22 states raising their minimum wages effective January 1st.
The supply chain continues to be negatively affected by a shortage of long-haul truckers, in particular, but recruiting more military veterans and women may be part of the solution.
Found in both urban and rural areas and often with infrastructure in place, brownfield sites can be revitalized and reused with the proper remediation plan in place.
As employees continue to work remotely post-pandemic, small regions with lower living costs moved up in the rankings.
This scorecard clearly shows that the landscape of workforce trends across the United States is intricate, diverse, and highly localized.
Small and medium-sized metros with a pipeline of educated workers at a competitive cost are attracting companies looking for long-term growth.
The top ranked states are leveraging their assets and positioning themselves for future economic development success.
Access to training programs as well as incentives for automation are helping companies meet their workforce needs in the top-ranked states.
Multiple agencies in the top-ranked states have developed, implemented, and maintained programs facilitating capital investment and job creation.
A balanced regulatory, permitting, and cost structure allows companies to get up and running and get their products to market quickly.
The post-pandemic remote working trend has resulted in “emerging” or “other” metros performing better than the more established tech markets.
Companies are relocating their headquarters for myriad reasons, including to lower costs, access skilled talent, improve accessibility, and burnish their corporate image.
Only one city can win the project, leaving the losers to explain why they were so heavily invested in trying to land the HQ2, which may ultimately come with its own set of challenges.
Companies are re-evaluating locations and layouts of HQs and regional hubs as workplaces evolve.
The use of AI is driving a surge in demand for computing power and the development of more data centers, which, in turn, have an increasing need for reliable power and water.
Its strategic location, available real estate, and skilled workforce are among the advantages that have made Mexico a hub of data center activity.
Those seeking a location for a data center need to consider fiber connectivity, access to power, cooling capabilities, risk mitigation, and security, among key requirements.
A lack of space and developable land as well as power constraints will continue to drive data center site selection, with sustainability considerations and emerging technologies becoming increasingly important factors.
Partnerships with local economic developers and other community stakeholders are key to a company getting approval to site a big-box distribution center.
The exponential growth of e-commerce has, in turn, accelerated the need for both warehouse and data center space.
Given the complexity of the 3PL selection process, it is imperative to begin with a thoroughly planned strategy.
Although the pandemic accelerated growth in e-commerce, will companies continue to increase their investment in digital technologies?
A desire to bring manufacturing closer to the consumer, recent federal funding initiatives, as well as access to a skilled workforce and reliable power among other advantages have converged to spur growth in construction of U.S. manufacturing facilities.
Here is a look at the normalizing sector’s upcoming supply, demand, and pricing outlook.
By helping to provide a critical domestic supply chain, the CHIPS Act represents a new era of American industrial competitiveness.
E-commerce fulfillment often demands three to four times the logistics space of traditional brick-and-mortar retail replenishment.