Steve Kaelble, Staff Editor, Area Development (Q4 2020)
Local economies are benefitting from adding new jobs — whether those jobs are performed on-site or remotely — and they are incentivizing them, too.
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As new food plant construction continues in 2020, companies must take into account the factors most critical to their bottom line in order to maintain profitability for the life of the facility.More
Sean P. Byrne, Of Counsel, Vorys, Slater, Seymour and Pease LLP and Scott J. Ziance, Partner and Economic Incentives Practice Leader, Vorys, Sater, Seymour and Pease LLP (Q4 2020)
Although a company may want to keep its project information confidential when negotiating incentives, public records laws often require governmental transparency.More
Curtis Spencer, President, IMS Worldwide, Inc. (Q3 2020)
Area Development interviewed Curtis Spencer, President, IMS Worldwide Inc., at our Houston Consultants Forum. Our discussion covered how companies can leverage foreign trade zones to mitigate the impact of tariffs on their bottom line.More
Jason Lake, Senior Managing Director, Business Incentives Practice, Cushman & Wakefield (Q3 2020)
A company merging with or acquiring another firm should make sure to perform its due diligence with regard to previously granted incentives before entering into the transaction.More
Kenan Gay, Manager, Multistate Tax Services, Deloitte Tax LLP, spoke with Area Development about technology solutions for evaluating incentives programs in site selections after his presentation at our 2019 Houston Consultants Forum.More
Sean P. Byrne, Of Counsel, Vorys, Slater, Seymour and Pease LLP and Scott J. Ziance, Partner and Economic Incentives Practice Leader, Vorys, Sater, Seymour and Pease LLP (Q3 2020)
Several modest changes to indemnification provisions will limit a company’s potential unforeseen future exposure.More
Sean P. Byrne, Of Counsel, Vorys, Slater, Seymour and Pease LLP and Scott J. Ziance, Partner and Economic Incentives Practice Leader, Vorys, Sater, Seymour and Pease LLP (Q3 2020)
In light of the COVID-19 pandemic, companies need to determine if they are at risk of breach of incentives contracts and communicate with the incentive-granting authorities.More
Curtis Spencer, President, IMS Worldwide, Inc. (Q2 2020)
Area Development interviewed Curtis Spencer, President, IMS Worldwide, Inc., at our Houston Consultants Forum. Our discussion covered how companies can leverage foreign trade zones to mitigate the impact of tariffs on their bottom line.More
Christopher D. Lloyd, Senior Vice President and Director, Infrastructure and Economic Development, McGuireWoods Consulting (Q2 2020)
Economic developers are playing an important role in helping businesses to navigate the COVID-19 crisis, and their use of incentives to solidify relationships should not be shunned.More
Larry Gigerich, Executive Managing Director , Ginovus and Susan Jarvis, Senior Client Advisor, Ginovus (Q2 2020)
Although compliance may not be top of mind for business during the pandemic, renegotiation may be possible, and incentives could be more important now than ever before.More
Azad Khan, Consultant, Parker Poe Consulting (Q2 2020)
Companies that have reduced their workforces as a result of the COVID 19 crisis may need help getting back up to speed when things return to “normal.”More
Isabel Cyr, Director of Consulting Services, The CAI Global Group and Fatima Halimi, Consultant, CAI Global Group (Q2 2020)
Isabel Cyr, Director, CAI Global; and Fatima Halimi, Consultant, CAI Global discuss with Area Development the landscape of megaprojects and the trends and lessons learned from the biggest site selection projects in the U.S.More
Kate Crowley, Principal, Baker Tilly Virchow Krause, LLP and Jeff Jorge, Principal, International Growth Services Practice Leader , Baker Tilly Virchow Krause, LLP (Q2 2020)
The coronavirus pandemic is driving companies to focus on near-term survival and long-term supply chain changes.
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David J. Robinson, Principal, The Montrose Group, LLC (Q1 2020)
Although expansion will take a back seat to dealing with COVID 19 for several months, companies that focus on key business and corporate site location matters will not just survive but also thrive.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
Area Development sat with Julie Miller, Vice President, Location Economics, JLL at our Charlotte Consultants Forum for a discussion on the incentive process and, how companies can work with economic development organizations to navigate projects, RFPs and offer letters in the right direction.More
Rose Davidson, Sr. Vice President, Business and Economic Incentives, JLL (Q1 2020)
Rose Davidson, Sr. Vice President, Business and Economic Incentives, at JLL, spoke with Area Development about navigating incentives during the site selection process, after her presentation, “Moving the Needle - How to Navigate Projects, RFPs and Offer Letters in the Right Direction,” at our Charlotte Consultants Forum. More
With many moving pieces and partners, a company needs a well-structured team and implementation plan in order to capture all of the incentives to which it is entitled.More
Employing a standardized process when negotiating for incentives will optimize the results and allow a company to compare various offers on a consistent basis. More
Mark Crawford, Staff Editor, Area Development (Q4 2019)
Despite its already having a highly educated workforce and pro-business policies, Virginia continues to expand on workforce training and incentive initiatives to further enhance its business climate.More
Mark Crawford, Staff Editor, Area Development (Q4 2019)
Low business costs are drawing businesses to Kentucky, as the state also tries to equalize opportunity in its rural areas through Opportunity Zone incentives.More
Scott Thompson, U.S. Aerospace & Defense , PwC (2019 Auto/Aero Site Guide)
The U.S. remains top-ranked globally for aerospace attractiveness, but companies must consider labor, infrastructure, and tax policy among other factors when deciding where to locate their next U.S. facility.More
Companies providing quality jobs have never been in a better position to ask for the infrastructure and incentives they need in order to locate their facility — or remain — in a community.More
Nancy McLernon, President & CEO, Organization for International Investment (OFII) (Q2 2019)
There’s an emerging trend among the individual states to encourage and support international investment, realizing all the economic and social benefits it brings to their regions.More
Les Cranmer, Senior Managing Director, Savills (Q2 2019)
Area Development discussed economic development best practices with Les Cranmer, Senior Managing Director, Savills Studley, following his presentation on the same topic at our Miami Consultants Forum. More
Grant Miller, Partner, Colliers International and Don Moss, Partner, Colliers International (Q2 2019)
Conveying a company’s utility needs to service providers and choosing a location that can properly meet those needs — now and into the future — will help to ensure a project’s success.More
David Hickey, Managing Director, Hickey & Associates (Q2 2019)
Key trends across the states indicate a continued effort to lure new businesses with incentives, but there’s a sustained focus on transparency and ensuring a return on investment for taxpayers.More
Stephanie Yarbrough, Partner, Womble Bond Dickinson, spoke with Area Development following her presentation on qualified opportunity zones and stimulating investment in low-income communities at our Miami Consultants Forum.More
Brian Smith, Partner, EY Americas Indirect Tax Inbound and US Location Investment Services Leader, Ernst & Young LLP and Zachary Weinstein, Manager, Indirect Tax Practice, EY (Location USA 2019)
The U.S. is well-positioned to attract FDI, but comprehensive due diligence and planning is still necessary for a business to make an optimal investment decision.More
Geraldine Gambale, Editor, Area Development Magazine (Q1 2019)
Research indicates that incentives “tip” only 20 percent of location decisions, but it seems that’s a percentage that states and communities aren’t willing to relinquish.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
H. Robert Boehringer, III, Managing Director, Global Location & Expansion Services, KPMG (Q1 2019)
While the finding the right location for a new project is always a complex task, locating in an Opportunity Zone presents further challenges for both the company and the community in which it is investing.More