areadevelopment + site-selection-factors   76

2018 Top States for Doing Business: Georgia Ranks #1 Fifth Year in a Row - Area Development
Competitive labor environments and leading workforce development programs, low taxes and utility costs, favorable regulatory environments, and cooperative state governments are among the top-ranked states’ pro-business attributes.
area-development-features  Matt  top-states-for-business  economic-development  site-selection  jobs  site-selection-consultants  site-selection-factors  Georgia  south-atlantic  south 
september 2018 by areadevelopment
Norfolk Southern likely to leave Virginia for Atlanta; planes and people are a big reason — FreightWaves
Norfolk Southern is reportedly getting ready to pull up stakes and move its corporate headquarters to Atlanta, a move a corporate relocation expert calls "an opportunity for them to recalibrate and refresh their brand."
freight-logistics  logistics  rail-logitsics  corporate-headquarters  site-selection  site-selection-factors  airports  Around-the-web  this-week-436  norfolk-southern  Atlanta  Georgia  virgina 
september 2018 by areadevelopment
Five key factors influencing headquarters decisions - JLL Real Views
For both fast-growing small companies and established multi-nationals, cost is no longer king in the search for a new corporate headquarters.

As companies across a wide range of industries face limited talent pools, new priorities are reshaping relocation efforts, focusing far more on people than balance sheets.
corporate-headquarters  corporate-relocation  site-selection-factors  workforce-availability  skilled-labor  Around-the-web  workforce-development  this-week-426 
may 2018 by areadevelopment
Apple’s Fourth U.S. Campus: Handicapping Where It Will Go - Bloomberg
It’s Apple’s turn to go shopping. In January, Apple Inc. announced plans for a fourth U.S. campus—a down-payment of sorts on its commitment to hire thousands of Americans and redeploy billions of dollars stashed overseas and now being repatriated under the Trump administration’s new tax law. The company hasn’t said how many people will work at the new facility, but it’s probably fair to say it will at least be in the hundreds.
Around-the-web  this-week-415-top  apple  call-centers  corporate-headquarters  site-selection-factors  economic-development-news 
march 2018 by areadevelopment
Five key factors influencing headquarters decisions - JLL Real Views
For both fast-growing small companies and established multi-nationals, cost is no longer king in the search for a new corporate headquarters.
site-selection-factors  corporate-headquarters  corporate-expansion  Around-the-web  this-week-410-top 
january 2018 by areadevelopment
Ala., N.C. present stark differences in bid for $1.6 billion Toyota-Mazda factory - Automotive News
Alabama and North Carolina are the last remaining candidates in the running to land a prized $1.6 billion Toyota-Mazda plant, presenting stark differences spanning from production costs to talent availability.
toyota  mazda  alabama  site-selection-factors  north-carolina  automotive-industry  fdi-USA  Around-the-web  this-week-405 
november 2017 by areadevelopment
Critical Site Selection Factor #1: Availability of Skilled Labor - Area Development
It pretty much goes without saying that any operation — new or expanding — will need an adequate supply of workers who have whatever skills are required to do the job well.
economic-development  site-selection  Matt  skilled-labor  workforce-development  workforce  area-development-features  jobs  site-selection-factors 
december 2016 by areadevelopment
Critical Site Selection Factor #2: Highway Accessibility - Area Development
It is, of course, no coincidence that nearly all of the nation’s biggest manufacturing facilities and distribution centers can be found alongside major highways.
economic-development  site-selection  area-development-features  Matt  site-selection-factors  highways  logistics  supply-chain  manufacturing  distribution-centers 
december 2016 by areadevelopment
Critical Site Selection Factor #3: Quality of Life - Area Development
What constitutes quality of life depends largely on the eye of the beholder, and that eye may gaze through different lenses at different times.
economic-development  site-selection  site-selection-factors  Matt  quality-of-life 
november 2016 by areadevelopment
Critical Site Selection Factor #4: Occupancy OR Construction Costs - Area Development
It’s easy to see why occupancy or construction costs are a factor that a lot of people are keeping an eye on...these costs are trending upward.
economic-development  site-selection  area-development-features  Matt  site-selection-factors  construction  occupancy  facility-planning  facilities-management 
november 2016 by areadevelopment
Critical Site Selection Factor #5: Available Buildings - Area Development
People expect near-instant delivery on just about everything these days, and companies seeking new facilities are more likely than ever to want to pick a location and have it up and running as quickly as possible.
site-selection  site-selection-factors  Matt  area-development-features  industrial-real-estate  real-estate  corporate-real-estate  CRE  economic-development 
november 2016 by areadevelopment
Critical Site Selection Factor #6: Labor Costs - Area Development
How labor cost impacts total cost depends on the type of project being considered—headquarters, data centers, call centers/back office, retail, warehouse/distribution, manufacturing, etc.
area-development-features  site-selection  site-selection-factors  labor  labor-costs  workforce  manufacturing 
november 2016 by areadevelopment
Critical Site Selection Factor #8: Proximity to Major Markets - Area Development
With the ever-growing passion for faster customer delivery, proximity to major markets is becoming an increasingly important site selection factor.
logistics  supply-chain  area-development-features  Matt  site-selection  site-selection-factors  warehousing  distribution 
november 2016 by areadevelopment
Critical Site Selection Factor #9: State and Local Incentives - Area Development
States are highly competitive with each other for investments and jobs and therefore offer incentives that can help offset project and operating costs and make a significant impact in the final decision.
site-selection  economic-development  manufacturing  site-selection-factors  Matt  taxes-incentives 
november 2016 by areadevelopment
Critical Site Selection Factor #10: Energy Availability and Costs - Area Development
Energy availability and costs are important for every project, but especially critical for industries that consume large amounts of energy, such as manufacturing, distribution, and data centers.
economic-development  site-selection  site-selection-factors  area-development-features  Matt  energy  utilities  manufacturing  data-centers  distribution-centers 
november 2016 by areadevelopment
How North Texas Competes for Large Employers, Retains Talent - Urban Land Magazine
Executives of three of the largest companies in the United States explained why they chose north Texas for new headquarters projects, during the opening session of the 2016 ULI Fall Meeting in Dallas: the availability of affordable housing and a strong local economy.
corporate-headquarters  site-selection-factors  Around-the-web  regional-reports  texas  dallas  state-farm  toyota  JPMorgan-chase  this-week-368 
october 2016 by areadevelopment
Companies Flock to Cities With Top Talent - WSJ
Facing a tight labor market and a shortage of skilled workers, many large companies say that a city or region’s population of desirable workers is now the top factor in location decisions.
site-selection-factors  skilled-labor  workforce-development  Around-the-web  Metros  this-week-349 
april 2016 by areadevelopment
Rising Labor Costs And The Decline of Domestic Manufacturing - Inside INdiana Business
Are company executives taking into account all factors? Labor and transportation will make an overseas location look like a cost-effective solution for a manufacturer.  However, the increased direct costs including customs, duties, fees, insurance, intermodal handling, licenses and transportation, decreased productivity, and more play a major factor in costs. 
site-selection-factors  business-globalization  global-supply-chain  labor-costs  offshoring  executive-surveys  market-proximity  Around-the-web  this-week-345  sfp-insider-123 
march 2016 by areadevelopment
Corporate HQ and the Magnetic Pull of Cities - strategy+business
Simply put, the narratives that made it logical for GE to be in a Connecticut suburb within striking distance of New York while avoiding a location smack in the downtown district of a big city have all reversed in the past two decades.
suburbs  corporate-headquarters  corporate-tax  connecticut  Around-the-web  site-selection-factors  this-week-338  GE  urban-revitalization  metros 
january 2016 by areadevelopment
Critical Site Selection Factor #6: Labor Costs Vary by Project & Location - Area Development
Labor costs are usually manufacturers biggest cost factor, but the rise of e-commerce has made these costs more important for distribution centers as well.
site-selection  site-selection-factors  economic-development  Matt  labor  labor-costs  workforce  manufacturing  e-commmerce  distribution-centers 
november 2015 by areadevelopment
10 Trends in Footprint Decisions - MAPI
Executives from 50+ companies were surveyed about where they’re investing now and how their footprint priorities will change over the next five years.
site-selection-factors  u.s.-manufacturing  executive-surveys  industry-organizations  business-expansion  Around-the-web  this-week-330  sfp-insider-123 
november 2015 by areadevelopment
Two CEOs Who’ve Made a NJ City Their Corporate HQ - NJ Spotlight
PSEG President and CEO Izzo and Panasonic Corp. of North America Chairman and CEO Taylor could have located their companies anywhere. They chose Newark.
new-jersey  newark  panasonic  PSEG  corporate-headquarters  site-selection-factors  Around-the-web  this-week-326 
october 2015 by areadevelopment
Manufacturing in Southeast - IndustryWeek
Manufacturing companies include an intangible trait -- trust---as part of the site selection consideration.
fdi-USA  regional-reports  south-atlantic  business-climate  government-policy  Around-the-web  this-week-325  site-selection-factors 
october 2015 by areadevelopment
Office Workers Rank Internet More Important than Location - Commercial Property Executive
An overwhelming majority of office workers rank reliable internet connectivity as the most important factor in selecting office space, according to a survey released on Friday.
site-selection-factors  ict  office-market  Around-the-web  this-week-312 
july 2015 by areadevelopment
The Permitting Process: Avoiding Pitfalls and Adopting Best Practices - Saint Consulting
Maneuvering around the potential pitfalls in the permitting process may be likened to playing a fierce round of dodge ball. It takes gamesmanship, mental toughness, negotiation skills, preparation, persistence, and help from a talented team of players.
permitting  industrial-real-estate  site-selection-factors  corporate-real-estate  this-week-305  Around-the-web 
may 2015 by areadevelopment
Critical Site Selection Factor #3: Labor Costs vs. Quality Dilemma
Although still of great importance, labor costs have taken a back seat to other factors.
labor-costs  site-selection-factors  q4-2014 
december 2014 by areadevelopment
Critical Site Selection Factor #6: Available Buildings - Can Not Get Much Tighter
The squeeze on vacant, existing facilities keeps growing as the U.S. economic recovery takes hold, which is why the available buildings factor climbed to #6 in the 2013 Area Development Corporate Survey from #8 in the 2012 survey - and from #15 in the 2011 survey!
site-selection-factors  economic-development  site-selection  facility-planning  matt  q4-2014 
november 2014 by areadevelopment
Critical Site Selection Factor #7: Lower Corporate Tax Rate Rates = Stronger Economies
Corporate tax rates remained a high concern for those corporate executives polled by Area Development, ranking #7 among the location factors. The ranking was identical to a year earlier, but the factor scored higher in importance, at 82.4 percent, up from 79.3 percent.
site-selection-factors  economic-development  site-selection  matt  area-development-features  taxes-incentives  business-taxes  q4-2014 
november 2014 by areadevelopment
Critical Site Selection Factor #9: Low Union Profile - Unions Still a No-Go Factor for Many
Having a low union profile ranked as slightly more important in Area Development’s latest Corporate Survey, up one position to #9. But in a similarly incremental sense, U.S. unions overall actually may have gained some ground over the last year.
site-selection-factors  area-development-features  matt  unions  site-selection  economic-development  manufacturing  q4-2014 
october 2014 by areadevelopment
Three Reasons Tesla Picked Nevada for Gigafactory - EV WORLD.COM
Perhaps just as important as proximity is the question of energy. Musk has promised that the Gigafactory will be powered by renewable energy. The rendering at the top of the page is an illustration of what the plant may look like. It includes giant solar panel fields and on a distant ridge filled with wind turbines. What it doesn't show is maybe the deal clincher: geothermal.
geothermal-energy  wind-energy  solar  electric-vehicle  automotive-industry  tesla  nevada  site-selection-factors  energy  around-the-web  this-week-280  maps 
october 2014 by areadevelopment
Cheyenne business park prepares to open rail connections - Casper Star Tribune
When Lee Searing began looking to expand his manufacturing company outside California, he eyed states with fast-growing economies. Utah and Wyoming were among those at the top of the list, but Searing said one location in particular stood out to him.
rail-logitsics  site-selection-factors  wyoming  infrastructure  this-week-276  around-the-web 
september 2014 by areadevelopment
Acme United Corporation Plans Manufacturing-Distribution Center In Rocky Mount, North Carolina - Area Development
A leading worldwide supplier of innovative cutting, measuring and safety products to the school, home, office, hardware and industrial markets, Acme United Corporation plans to open a manufacturing and distribution facility in Rocky Mount, North Carolina.
economic-development  site-selection-factors  area-development-features  matt  north-carolina  south-atlantic  manufacturing  distribution-facility  incentives-taxes-grants-loans 
august 2014 by areadevelopment
New Jersey has educated workers, quality transportation options, and, of course, those big-ticket tax incentives, so … why are companies leaving? - NJBIZ
New Jerseys strengths — an educated workforce, transportation connectivity and, of course, incentive offerings — are often clouded by concerns such as high tax structure and salary demands. Or, quite simply, the need to consolidate.
new-jersey  site-selection-factors  skilled-labor  transportation  infrastructure  taxes-incentives  government-policy  this-week-274  around-the-web 
august 2014 by areadevelopment
How to Relocate Your Business -
Running out of space? In an area that's headed downhill? Need an upgrade? It might be time to move your business to another location.
small-business  site-selection  site-selection-factors  this-week-269  around-the-web 
july 2014 by areadevelopment
U.S. Companies Report Water Issues Impact Site Selection, Strategic Planning - SSTI
In a recent Pacific Institute and Vox Global survey, about 80 percent of U.S. companies reported that water availability has become an issue for their business, particularly among firms in the South and Southwestern regions of the country.
water-availability  site-selection-factors  studies  this-week-266  around-the-web 
june 2014 by areadevelopment
Worldwide cost of living 2014 – The Economist Intelligence Unit
The Worldwide Cost of Living is a twice yearly Economist Intelligence Unit survey that compares more than 400 individual prices across 160 products and services. These include food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.
rankings  metros  cost-of-doing-business  cost-of-living  site-selection-factors  international-location-reports  this-week-264  around-the-web  studies 
may 2014 by areadevelopment
The Regional Impact of Quality of Life on Entrepreneurial Decisions
One of the most often cited reasons for the location of a new business is quality of life, yet it is one of the areas policymakers most often overlook.
quality-of-life  site-selection-factors  moody's  studies  ranking  metros  area-development-features  main-sfp-insider-94 
may 2014 by areadevelopment
How Companies Can Get the Utility Packages They Need
Energy availability is a vital factor in any site selection process. Making an energy decision is more than just cost per kilowatt-hour — a well-designed utility plan should also take into account grid capacity, rate structure, service/distribution, and related utilities, such as wastewater treatment.
energy  site-selection-factors  utilities  wastewater-treatment  sustainable-development  area-development-features  main-sfp-insider-94 
may 2014 by areadevelopment
DHA Holdings, supplier to GE and Mitsubishi, bets big with manufacturing expansion - Albany Business Review
DHA Holdings won business from GE because Dussault's employees created a new way for GE to make c-coils, layers of copper that are intricately wound and bound together inside turbines that generate power.
contract-manufacturing  new-york  site-selection-factors  heavy-machinery  this-week-253  around-the-web 
march 2014 by areadevelopment
#7: Corporate Tax Rate - Keeping Governments Hand Out of the Company Coffer | 10 Critical Factors Driving the Location Decision - Area Development Online
Although corporate tax rates figure more prominently into some location decisions than others, there’s generally an overall tax bite — including property and sales taxes — that needs to be looked at carefully.
economic-development  site-selection  area-development-features  site-selection-factors  taxes-incentives  sales-tax  property-tax  matt 
november 2013 by areadevelopment
#9: Making a Dent in the Tax Bill With Exemptions | 10 Critical Factors Driving the Location Decision - Area Development Online
Although there are variations in which taxes are exempt in different jurisdictions, they not only offer an upfront break when a facility is being deployed, but also can result in ongoing tax savings.
area-development-features  economic-development  site-selection  matt  taxes-incentives  site-selection-factors  facility-planning 
november 2013 by areadevelopment
8 States Teaming Up to Support Electric Cars -
In an effort to spur lackluster sales of electric cars, California, New York and six other states said on Thursday that they would work jointly to adopt a range of measures, including encouraging more charging stations and changing building codes, to make it easier to own an electric car.
this-week-236  oregon  site-selection-factors  california  sustainable-development  government-policy  automotive-industry  connecticut  around-the-web  Massachusetts  rhode-island  new-york  maryland  green-economy  vermont 
october 2013 by areadevelopment
How to Move Your Corporation From One State to Another - Small Business Trends
In general, there are two ways to handle this – and the right approach will depend on whether your move is permanent and whether you’re planning on operating your business in both your old and new states.
corporate-real-estate  site-selection-factors  around-the-web  small-business  business-expansion  corporate-headquarters  this-week-222 
july 2013 by areadevelopment
Do right-to-work laws bring competitive advantage? - CNBC via USA Today
Right-to-work laws bar so-called "closed shops," where workers are required to join a union and pay union dues or pay equivalent fees as a condition of employment. Businesses say they like right-to-work laws because they make it more difficult for unions to organize workers and raise wage and benefit costs. Unions say the laws infringe on workers' collective bargaining rights.
workforce-development  site-selection-factors  around-the-web  organized-labor  this-week-222  right-to-work 
july 2013 by areadevelopment
Top 10 Pro-Business States - Pollina Corporate
The Pollina Corporate Top 10 Pro-Business States study, now in its ninth year, draws attention to those states with political leaders who have a strategic plan that works as well as states that need help. The study is a joint endeavor of the American Economic Development Institute ( and Pollina Corporate Real Estate, Inc.
taxes-incentives  labor  ranking  economic-development-news  government-policy  business-attraction  site-selection-factors 
august 2012 by areadevelopment

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