First Person: Q&A with Tech Hubs Director Eric Smith
Exploring opportunities for manufacturing growth through the Federal Tech Hubs Program with insights from director Eric Smith on collaboration and regional innovation.
Exploring opportunities for manufacturing growth through the Federal Tech Hubs Program with insights from director Eric Smith on collaboration and regional innovation.
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.
Companies need to navigate the stormy waters of the Red Sea amid Houthi threats and global supply chain challenges.
Supply chain disruptions from the Baltimore bridge collapse prompt innovative solutions and renewed focus on resilience, as companies leverage lessons from the pandemic to navigate the crisis and ensure continuity in one of the busiest ports in the U.S.
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.
New technologies and improved planning identify and address site issues, saving millions in potential delays and mitigation costs.
What should you consider while working through the complexities of federal incentives and timelines to optimize your facility planning and execution?
The recent focus on projects requiring megasites may cause communities to lose sight of developing smaller-scale sites that could bring mid-tier companies to their communities, fostering job creation and diversified economic growth.
Executives must meticulously evaluate site selectors, seeking those with a proven track record, deep industry insights, and a strategic approach to partnership.
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.
Although records have been set for massive industrial spaces, the market has been shifting to smaller buildings.
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.
Adopting AI in capital projects could revolutionize planning, design, and construction, driving efficiency and sustainability while addressing challenges like limited expertise and data complexity.
The new rule brings wide-ranging impacts for property owners and operators.
Discover the key steps to making informed, timely decisions in construction projects, ensuring cost, schedule, and quality are managed effectively from start to finish.
Exploring the quiet change: a look at the shifting dynamics in industrial real estate.
Innovative measures and legislation propel the adoption of eco-friendly building materials.
Industrial designers are exploring the transformative potential of landscape architecture to harmonize industrial development with environmental sustainability and community well-being.
The new frontier in site selection for companies has everything to do with keeping things running during increasingly wild storms and weather patterns.
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.
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.
Faced with a dearth of skilled workers, some companies are looking to high schools and community centers to find manufacturing labor.
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.
Some AI tools make it easier for recruiters to find top candidates. Here’s the skinny:
Explore the impact of facility management with George Schmidt, who talks about the evolving roles of FM professionals, the integration of AI and sustainability practices, and the future trends that are shaping this critical industry.
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.
Economic growth shines at the Area Development Shovel Awards, with states like South Carolina and Louisiana leading the charge. Discover which regions are driving innovation and sustainability in industries from automotive to green technology.
Louisiana leads with green, earning the first-ever Green Shovel for its commitment to renewable energy. The state's significant cleantech investments highlight a national shift toward sustainable development.
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.
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.
Companies need to navigate the stormy waters of the Red Sea amid Houthi threats and global supply chain challenges.
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.
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.
A guide to turning community opposition into constructive criticism and assuaging fears about data center development.
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.
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.