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
China Selected for 100 New Johnny Rockets Restaurants
Setting the stage for the largest-ever international expansion in its corporate history, restaurant franchisor Johnny Rockets has signed a joint-venture… Read More
Volvo to Open Manufacturing Facility in United States
Volvo Car Group has unveiled plans to invest $500 million in its first auto manufacturing factory in the U.S. The… Read More
Goodyear Opens Manufacturing Facility in Pulandian, China
The Goodyear Tire & Rubber Company has established a new product development center at its manufacturing facility in Pulandian, China. The… Read More
Caterpillar Relocates Illinois Factory to Mexico
Global construction-equipment maker Caterpillar Inc. will relocate some of the manufacturing operations at its Joliet, Illinois, plant south of the… Read More
SelectUSA Helps Canadian Sock Maker Locate in North Carolina
Sock manufacturer PEDS Legwear has launched operations at its new $16 million manufacturing facility in Hildebran, North Carolina. The Quebec,… Read More
Daimler Chooses Charleston For New Facility
German automaker Daimler AG will pump $500 million into a new state-of-the-art assembly plant near Charleston, South Carolina, that will… Read More
Best Of The West
LOOKING FOR A WEST-COAST BASE OF OPERATIONS? THESE STATES HAVE MUCH TO OFFER! Western U.S. states offer assorted successful programs to aid… Read More
Georgia Roots For Business
WHY THIS KAOLIN FIRM FEELS AT HOME ON PEACH STATE SOIL Thiele Kaolin Co. is drawn to the Peach State… Read More
Where To Warehouse
STATES TO CONSIDER FOR YOUR NEXT DISTRIBUTION CENTER Direct Relief, a Goleta, Calif.-based nonprofit, was running out of space. Since… Read More
Mercedes Benz to Park Its U.S. Headquarters in Atlanta
The North American arm of German automaker Mercedes Benz is shifting its headquarters from Montvale, New Jersey south to Georgia…. Read More
Krispy Kreme Finds Russia Hungry for Franchises!
The less-than-cordial relationship between Washington, D.C. and Moscow isn’t deterring Krispy Kreme from stepping out and expanding its presence in… Read More
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