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
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
State of Emergence
Aluma Tower Co. is in the midst of a strategic transformation. The company, based in Vero Beach, Fla., has the… Read More
Ohio Site Selected For New Petrochem Facility
Thailand’s largest integrated petrochemical and refining company and its Japanese project partner have reportedly selected a site in eastern Ohio for the possible… Read More
Why Walmart Is Investing $100 Million in India Wholesale Operations
Walmart has unveiled an ambitious strategy to expand its presence in India, one that calls for the global retail giant… Read More
GM Eyes China Market With Joint Venture
General Motors’ China-based joint venture says it will spend more than $16 billion over the next five years to develop… Read More
Utah Hits The Market For Outdoor Companies
HOYT ARCHERY IS AMONG BUSINESSES WELL-SUITED TO THE BEEHIVE STATE’S UNIQUE LANDSCAPE In 1989, Peter Metcalf bought the assets of… Read More
The Plains Truth
WE ROUND UP THE CENTRAL PLAINS STATES’ RECENT EXPORTING ACHIEVEMENTS Exporting activity from the Central Plains states is playing a… Read More
A Cut Below
AMERICA’S LOWEST BUSINESS-TAX STATES The residential real estate market is all about “location, location, location.” Commercial real estate is no… Read More
Oreo Expands into Morocco, Bahrain With New Manufacturing Facility
The Illinois-based maker of the world’s most popular cookie has invested $11 million in a state-of-the-art production facility in Morocco…. Read More
Volkswagen Plans Site Expansion for Tennessee Facility
Volkswagen’s assembly facility in Tennessee will get a double-boost as the German automaker has said it will increase the scope… 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
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