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
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
Finding New Employees Who Support Company Culture a Top Concern For Businesses Expanding Abroad
A new report released by The Economist Intelligence Unit (EIU) states that bringing new people into a company’s culture and… Read More
Amazon to Open Fulfillment Center in Fall River, Mass.
Amazon.com plans to open a fulfillment center in Fall River, Massachusetts, a facility which will bring more than 500 full-time… Read More
Expats Rank Overseas Destinations in HSBC Survey
International companies continue to develop their business overseas and often offer their employees the opportunity to live overseas. Technology has… Read More
Port of Kalama Named Washington State Port of the Year
The Washington Public Ports Association has honored the Port of Kalama with the President’s Port of the Year Award for… Read More
Amazon to Open Two Fulfillment Centers near Columbus
Amazon.com, Inc. announced plans to open fulfillment centers in Obetz, Ohio and in Etna, Ohio. Together these Amazon facilities will… Read More
Italian Manufacturer Selects Utah for New Facility
Italy’s Selle Royal S.p.A. has selected Ogden, Utah as the site of a new manufacturing facility. Founded in Pozzoleone, Italy… Read More
Chromalloy Dedicates New Manufacturing Facility in Mexico
Southern California-based Chromalloy has officially dedicated its new state-of-the-art gas turbine engine machining facility in Guaymas, Mexico. The company’s new… Read More
South Carolina Site Receives CSX Select Site Designation
CSX Corporation announced that a portion of the West Branch Commerce Park in Berkeley County, South Carolina, has been designated… Read More
C.H. Robinson Continues Chicago Growth with Lease of New Expanded Office and Warehouse Space
C.H. Robinson, one of the world’s largest logistics providers, announced that it will expand its business operations in Chicago by… Read More
Syngas Energy Plans $360 Million Louisiana Methanol Facility
Syngas Energy Holdings has unveiled plans to pump $360 million in capital investment funds into the construction of a methanol… Read More
« Previous 1 … 15 16 17 18 19 … 32 Next »