Get the latest trends in global site selection, including relocation guides, region roundups, corporate expansions, and site selection planning.
Different types of companies will have different criteria when it comes to site selection. It’s a significant decision that most companies will face sooner or later—the challenge is balancing economic factors (taxes, government policies and incentives) against other, equally important considerations, from workforce to location to social climate. Where does one start? The new or relocated facility will need employees, but few sites come with a fully qualified workforce. Questions of workforce density, availability and trainability must be considered, as well as average wage rates in the area. For manufacturers, the need to deliver products and receive the raw materials required for production, will make locations closer to major highways (for trucking), rail lines or ports (for overseas delivery) more desirable. Another question is whether to relocate into an existing building, or to build from the ground up. The first option will require more modification, the second a higher budget. How are such basic needs as utilities (water, power, communications) addressed? There will also be zoning questions to be answered, as well as environmental considerations, which continue to ascend in prominence as awareness is raised on how business impacts the world we live in. International Relocation Site selection outside a company’s country of origin presents additional matters of importance, starting with the obvious social, cultural and language distinctions. Proximity to suppliers and competitors may be determining factors as well, though in some cases manufacturers prefer choosing a site in an area where similar industries are prospering. If they’re doing well here, the reasoning goes, so should we. If some of your workforce will be relocating as well, they will want to know about the quality and availability of medical care in the area, and what type of education their children will receive in local schools. And if they can still get a decent pizza delivered.
WHERE TO FIND THE NATURAL RESOURCES THAT ARE FEEDING U.S. BUSINESSES
Manufacturers operate complex supply chains that, in many cases, involve the movement of raw materials and resources from different parts… Read More
Mizuno USA Relocates to New Georgia Dual-Use Facility
Global sporting goods manufacturer Mizuno USA, a global sporting goods company, has fully transitioned all distribution and manufacturing operations to… Read More
A Midwestern Showdown
Geographically, less than 200 miles separates them. But despite Indiana and Illinois’ close proximity, manufacturers come to the Midwestern states… Read More
Bring It Home
Apple did it. So did Ford and Whirlpool. General Electric even jumped on the bandwagon. The return of production to… Read More
The Exports Are Coming!
Well-positioned on the Atlantic side of America, the New England states offer plenty of advantages to companies wishing to export… Read More
Virginia Governor Announces International Trade Initiative
Governor Terry McAuliffe of Virginia announced recently the creation of the Virginia International Trade Alliance (VITAL), a new initiative managed… Read More
Japan’s Mitsubishi Says Sayonara to U.S. Assembly Operations
Mitsubishi Motor Corp., one of Japan’s largest automakers, has said it will shutter its U.S. assembly operations in November and… Read More
Indiana Shows Site Selection Strengths
Indiana is among the nation’s top tier in four important categories—manufacturing health, logistics health, tax climate and global reach, according… Read More
California
TOP SITE SELECTION ORGANIZATIONS The Governor’s Office of Business and Economic Development’s CalBIS unit is in the business of helping… Read More
Up In The Delta
Although they don’t have the advantage of West or East Coast ports, many companies located in the Mississippi River states… Read More
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