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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Michigan’s Renaissance
THE ECONOMIC RESURGENCE OF THE GREAT LAKES STATE LEADS OVERSEAS It wasn’t a clear-cut decision, admits Shilpa Patel, CFO of… Read More
Well Equipped In The Bear-Republic
HOW CALIFORNIA IS HELPING A MAKER OF INDUSTRIAL SAFETY GEAR AND OTHER SHIPPERS Innovation is built into the DNA of… Read More
The Export Phoenix of Arizona
HOW THE COPPER STATE HELPED ONE COMPANY RECLAIM ITS INTERNATIONAL SALES Rowpar Pharmaceuticals of Scottsdale, Arizona, is back in the… Read More
Where Aerospace Companies Are Landing
THE NATION’S LARGEST EXPORT INDUSTRY IS FLYING TOWARD RESOURCES Just like the automotive industry, aerospace has taken flight to the… Read More
Cirrus Aircraft Expands Into India
Duluth, MN – Cirrus Aircraft has expanded its international sales network into India. Cirrus India joined the company’s authorized sales network in July… Read More
Bayer CropScience Opens New US Research Center
West Sacramento, CA – Bayer CropScience has opened a new research and development facility in West Sacramento, California to support… Read More
Cold Stone Creamery to Open First Store in Central America
Scottsdale, AZ – Cold Stone Creamery will enter the Central American market with the opening of its first store in… Read More
Barclays Selects Texas for New Tech Service Center
McKinney, TX – London-based Barclays Bank has selected McKinney, Texas, as the site for its newest “innovative technology” center. The new… Read More
Marketo Opens New Australia Data Center
San Mateo, CA – Marketo Inc., a provider of marketing software, announced the opening of its data center in Sydney, Australia…. Read More
Purolator Enhances Canadian Logistics Footprint
Toronto, Canada – Global express delivery company Purolator has launched Purolator Logistics, “a new solution that offers integrated logistics services… Read More
Diageo Breaks Ground at New Kentucky Distillery
Shelbyville, KY – London, UK-based beverage giant Diageo has broken ground at its new distillery in Shelby County, Kentucky distillery…. Read More
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