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
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Total Quality Logistics to Create 75 New Jobs in Miami
Total Quality Logistics (TQL), one of the largest freight-brokerage firms in the country, will be expanding in Miami and creating… Read More
Logistics Powerhouses
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Cayman Enterprise City Gets Planned Area Development Approved for New George Town Campus
With zoning approval from the Central Planning Authority on its land use, Cayman Enterprise City is moving ahead with plans… Read More
Kerry Logistics Opens New IT Development Center in Penang
Kerry Logistics Network Limited, a logistics service provider in Asia, opened its first IT development center in Penang, Malaysia, recently,… Read More
Automation Identified as New Outsourcing Disruptor
The automation of business processes and the offering of business processes as a service may soon upend outsourcing and offshoring… Read More
Dixie Is Whistling
As the global marketplace continues to open up, more and more companies located in America’s Southeast are exploring export opportunities… Read More
Mary Kay to Relocate Global Manufacturing Operations
International cosmetics brand Mary Kay Inc. has decided to build a new $100 million global manufacturing and research and development facility… Read More
America’s Top Intermodal Facilities
Centrality is key when operating a distribution center, which is precisely why Kubota Tractor Corp. selected Edgerton, Kansas—a.k.a. the “Heart… Read More
New Report Highlights the World’s Most Competitive Cities
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California Grown Exporters
Shortly after David Tran, CEO and founder of Huy Fong Foods, immigrated to the United States from Vietnam in 1979,… Read More
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