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
Taiwan’s Formosa Petrochemical Mulls Louisiana Chemical Complex
Taiwan-based Formosa Petrochemical Corp. (FPC) is reportedly studying the feasibility of an estimated $9.4 billion industrial complex in St. James… Read More
Menlo Logistics to Open New Dutch Distribution Center
Menlo Logistics, the global logistics and supply chain management subsidiary of Con-way Inc., has inked a build-to-suit agreement with global industrial… Read More
Confidence Levels Among Manufacturing and Logistics Workers Continues to Rise
An index which measures the confidence of manufacturing and logistics workers in the United States rose by nine percent since… Read More
Stability Issues Impact Nearshoring Destination Choices
Manufacturing executives around the world continue to consider nearshoring—moving production from a far-off overseas location to a closer site—but there… Read More
Kallman Worldwide Opens New Regional Trade Center in Chile
A new U.S. Regional Trade Center (USRTC) in Chile has opened its doors “giving U.S. businesses looking to launch or… Read More
Dalfen America Corp. Acquires Houston Properties
Dalfen America Corp. announced last week the acquisition of a portfolio of two warehouses and one office building, totaling 201,000… Read More
Henniges Automotive Plans New Manufacturing Facility in Mexico
Automotive systems manufacturer Henniges Automotive Inc. has broken ground on its new manufacturing facility in Gomez Palacio, Mexico. According to the… Read More
The Reshoring Initiative and Walmart Launch Effort to Help Suppliers Reshore
The Reshoring Initiative recently announced a program in partnership with Walmart to help companies manufacture more consumer products in the… Read More
Adios Chicago! Oreo Production to Roll into Mexico
The maker of Oreo cookies and a host of other iconic food products, New Jersey-based Mondelēz International– formerly known as… Read More
Despite Strong Dollar, U.S. Retains Manufacturing Cost Advantage
The rise of the U.S. dollar against the euro and other world currencies over the past year has reduced the… 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
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