Editor's Note: Navigating the New and Improved Economic Landscape
Businesses need to navigate many changes in the economic landscape post-pandemic, including growth in remote work, an increased focus on workforce diversity, as well as realignment of their supply chains.
Q2 2021
Despite this rapid growth, changes in the economy abound as we enter what has been called the “new normal,” and we cover many of those changes in this issue. For example, the remote working trend during the pandemic has taken hold and our cover story, “Where’s the Talent,” explains how — unlike in past expansions — growth may now spread across more communities as people have the freedom to work from their preferred locations. A recent study from Cushman & Wakefield explains how employers are “Adapting to a New Workplace Ecosystem.” There is no single answer to how office space in an agile world can best support productivity, innovation, and growth.
In order to “Mitigate the Risks of Supply Chain Disruption,” as evidenced during the COVID-19 pandemic, companies are “Shoring Up Operations for Growth,” with many moving operations closer to the U.S. The current shortage of semiconductors points to the necessity of bringing some of this manufacturing back home (“U.S. Semiconductor Industry Faces Crises, Opportunities.”)
But it’s not just operations that will differ in the “new normal,” but how we think about employees in the workforce. The social unrest experienced during the pandemic has resulted in “A Renewed Focus on Workforce Diversity.” Now, as companies make their location decisions, diversity and inclusion issues are being included among the site selection factors. Relatedly, the pandemic has impacted the need for leaders with a sense of empathy. Ericsson Digital Services’ VP of Business Operations Dan Kerber explains how a truly empathetic leader understands what employees are going through on an emotional level.
All of these issues and more are discussed in this issue’s features as we navigate our new and, we hope, improved economic landscape.
Project Announcements
Textile Manufacture 23 Farrar Street Relocates-Plans Lynn, Massachusetts, Operations
03/28/2023
Canada-Based Epsilon Industries Plans Tuscaloosa, Alabama, Prefabricated Modular Utility Systems Plant
03/28/2023
Korea-Based LG Energy Solution Plans Queen Creek, Arizona, EV Battery Manufacturing Plant
03/28/2023
France-Based CMG CleanTech Plans Osceola County, Florida, Renewable Energy Technology Manufacturing Park
03/28/2023
France-Based TIME Bicycles Plans Spartanburg County, South Carolina, Carbon Fiber Bicycle Factory
03/27/2023
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
03/27/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023