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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How To Help A Nutcase
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Portugal’s Frulact to Built Idaho Processing Plant
Rupert, Idaho – Frulact, the Portugal-based international fruit processor, has signed a Development Agreement with the city of Rupert, Idaho,… Read More
Momentive Performance Christens New German Facility
Columbus, OH – Momentive Performance Materials has opened its new automotive glazing coating facility in Leverkusen, Germany. The first facility… Read More
Emerging Market Retail Growth Outlined in New Report
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TRW Automotive Opens New China Tech Center
Livonia, MI – TRW Automotive Holdings Corp. has opened its largest ever Technical Center – a 200,000 square foot facility… Read More
Damco Opens New Warehouse in Vietnam
Madison, NJ – Third-party logistics provider Damco and Vietnamese warehouse owner HTM (Construction and Mechanic HTM, JSC) have opened a… Read More
IBM Opens New Linux Cloud Center in China
Endicott, NY – IBM has opened the world’s first dedicated System z Linux and Cloud Center of Competency in Beijing, designed… Read More
Exports Are Flowing From The Mississippi River Corridor
HOW STATES IN THE REGION ARE STIMULATING THEIR ECONOMIES AND ENCOURAGING SITE SELECTION BY FOCUSING ABROAD The Mississippi River is… Read More
Utah’s Elevated Exports
THE BEEHIVE STATE HAS BEEN BUZZING WITH NEW GLOBALLY FOCUSED PROGRAMS Exporting had never been on the mind of Tom… Read More
The State of Indiana
The Hoosiers’ Export Focus Is Paying Dividends Back in 2006, seeking to diversify its 95 percent-domestic customer base, Hoosier Gasket… Read More
Maximizing Resources
WHERE ENERGY COMPANIES ARE SETTING UP, AND WHY Being in the Midwest, we’re far from the venture capital communities of… Read More
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