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Where do People Travel for Business?

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Where do People Travel for Business?

When it comes to global business, the right transportation is essential. Getting talent from one side of the globe to another matters as much as ever it has – and perhaps even more so. But which cities are the most attractive for modern business? This is a question whose answers have remained more or less the same over the last four or five years, despite the fact that global business flights have more than doubled.

New York

The Big Apple leads the pack when it comes to inbound business flight, and it has done since 2014. This is largely thanks to its status as a centre of global finance, but it’s also because New York is among the most business-friendly states in the US, with a range of tax incentives offered to startups. Buzzfeed and WebMD originated here. Whether you’re taking a private jet or a commercial airliner, New York remains the world’s premier destination for business travellers.

London

London has consistently run a close second, despite the uncertainty still lingering over Brexit. Among the biggest draws of the capital is the English language, which remains the second most widely-spoken language in the world (and probably claims the top spot when we count only the customers of international airports). London contains around 15 businesses per hundred residents; the figure for the rest of the UK is around 10.

Paris

Paris is something of a fast-climber, experiencing around twenty-per cent growth over the two-year spell from 2016-2018. It’s easy to see why a business might locate here; Paris has an enormous amount of culture and history to offer, and thus it’s easy to persuade would-be staff to settle here. While France might have something of a reputation for overbearing bureaucracy (the word, is, after all, derived from a French one), the business environment is competitive enough to tempt many international businesses and skilled employees looking to sample life on the continent.

Shanghai

With China having established itself as a global power, it’s probably no surprise that its busiest airport is so attractive to international business customers. While the city isn’t quite as attractive to western travellers as the other entries to this list, it’s a location that no globalised business can afford to neglect – and this is reflected in its rapid rise as a centre of international air traffic. 

Among the more interesting trends in global air traffic generally has been an increased spread between different continents, with five of the seven listed in the top twenty destinations. There is perhaps no better example of this than that of Shanghai.

Toronto

Toronto outranks many US cities, including San Francisco, Houston and LA. As with New York, there is a range of incentives to businesses looking to grow here. The combined rate of corporate and income tax sits at around 26.5%, which is lower than the US average by around thirteen percentage points.

Singapore

Like Dubai, Singapore claims a great deal of air travel thanks to its popularity as a stop-off for long-haul flights between Europe and Australia. But there’s more to Singapore than that. The country is widely regarded as an ideal place from which to tap into Asia’s emerging markets. The location is strategically attractive, the workforce is competitive and the economic policy is explicitly favourable to business. It’s also emerging as serious competition for Hong Kong’s financial centres. For the world’s business travellers, there’s no shortage of reasons to pay this part of the world a visit.

3 Tips For Creating A Clear Vision To Ensure Business Success

Running a business is similar to taking a family vacation. To be successful, both require meticulous planning, clearly defined roles for everyone involved, and a predetermined destination.

“Not having a clear vision and specific goals is a proven way to ensure you’ll never achieve them,” says John Collopy, author of the book The Reward of Knowing (www.johncollopy.com). “That’s why articulating your vision is a critical first step toward success—to give yourself something to aspire to besides some general idea of ‘making it.”

Collopy knows a thing or two about having a vision and then setting goals to make the vision a reality.  He is the owner and broker of RE/MAX Results and its subsequent 38 offices across Minnesota and Wisconsin. Setting goals in his personal life helped him overcome his addiction to alcohol. Now he is dedicated to helping others find the right steps to achieve their dreams, but he says there can be many roadblocks.

“Having an unclear vision can also make it difficult to stay motivated and passionate about your work,” says Collopy. “Identifying a clear vision and set of goals can keep us going through tough times, and give us energy when we want to give up. That’s because, even when you’re in a rough patch, you know you’re working toward something.”

In contrast, a vague, half-formed vision may leave you feeling lost and powerless, he says.

“Eventually, you may even give up entirely,” Collopy says. “You may decide that, based on your record of failure, success just isn’t in the cards for you. And that’s the saddest result of failing to articulate your vision.”

Collopy has the following tips for those who are ready to set goals to achieve their vision:

-Be specific and realistic. Be specific about your goals, and the steps you need to take to reach them. “If you don’t, be ready to deal with challenges now and in the future,” Collopy says. Also make your goals attainable but not too easy. You want to have pride when it is accomplished. If you set the bar too high, you may get discouraged.  And if you set it too low, you will not feel a great sense of accomplishment. 

-Make goals measurable. Any good goal that is worthy of your time should be measurable so even if you don’t make it, you can measure your progress. It will be easier to measure your goals if they are clear goals that are attainable, relevant and time-based.

-Write it down and tell someone. Write down your vision, make copies and leave those copies where you will routinely see them – on your refrigerator, in your car, on your dresser, in the bathroom. “This will remind you about your vision throughout the day and keep you on task,” Collopy says. In addition, the more people you tell about your vision and your goals, the better. They will encourage you because the next time they see you, he says, they will probably ask you about your progress.  

“Once you have attained your goal, take some time to celebrate your victory with your team,” Collopy says. “Even if the goal wasn’t a team goal, invite others that work with you or for you to share in your accomplishment.”

John Collopy, author of the book The Reward of Knowing, is the owner and broker of RE/MAX Results and its subsequent 38 offices across Minnesota and Wisconsin.  With annual sales of more than $5.3 billion, RE/MAX Results is now one of the largest RE/MAX franchises in the world.  Collopy lives in Minnesota with his wife and children.








World Distribution Services Announces $6.2 million Warehouse Renovation

Driven by a vision for infrastructure upgrades, technology enhancements, and new machinery, supply chain solutions provider World Distribution Services announced plans to refurbish and build 320,000 square feet of warehousing space at a facility in Virginia Beach. The added space will be solely dedicated to manufacturing and retail goods with 20,000 square feet specifically dedicated to food grade space.

“Our new warehouse will feature a top tier Warehouse Management System (WMS) with RF scanning technology. Our WMS gives our clients 24/7/365 access to their inventory data, and seamlessly integrates with their ERP systems,” said WDS SVP John Morrow. “What this means is that we can easily handle inventory management and order fulfillment services for our clients, and provide them with extremely accurate tracking, tracing, and reporting that fits their needs.”

Artistic rendering of the future World Distribution Services warehouse at 1537 Air Rail Avenue in Virginia Beach. The refurbished warehouse will be 320,000 square feet with 20,000 square feet of dedicated food-grade space.
Credit: World Distribution Services

With an estimated completion date for March 2020 and a prime location within 15 miles of Port of Virginia’s container terminals, the renovation will also bring 35 new jobs to the region.

“This company will be nearly doubling its warehousing space [in Virginia], which speaks to its success and its expectations for the future,” said VBDA Interim Economic Development Director Taylor Adams. The VBDA approved an EDIP grant of $35,000 for WDS based on the number of new jobs it will create.”

“We are very excited to be expanding our warehouse operations into Virginia Beach in 2020.  We wanted to bring high quality facilities close to the Port of Virginia to better serve our customers and to improve the work environment for our employees. Thanks to the Virginia Beach Department of Economic Development, we were able to find a facility that will meet both of those objectives,” said Duncan Wright, President of WDS.

 

Amazon’s Austin Tech Hub Projects 800 Jobs Following Expansion

Adding to the 22,000+ job portfolio in the state of Texas, Amazon announced its Austin Tech Hub will create an additional 800 jobs in the region following the projected hub expansion scheduled for 2020.

“In the last four years, we have created more than a 1,000 jobs in Austin,” said Terry Leeper, General Manager of Amazon’s Austin Tech Hub. “With a strong pool of technical talent in Austin and a dynamic quality of life, we are excited to continue to expand and create more opportunity in this vibrant city.”

“The state of Texas has cultivated a strong and vibrant business environment, leading to more jobs and greater innovation,” said Governor Abbott. “With today’s announcement and continued investment in the technology sector, Texas will continue to chart a path toward greater economic prosperity.”

The new 145,000 square foot office in The Domain will provide tech-focused job opportunities including software and hardware engineering, research science, and cloud computing. Amazon was recognized as #1 on LinkedIn Top Companies in 2018 and boasts a unique and competitive benefits package including healthcare beginning on day one of employment and a dedicated paid apprenticeship program for military veterans.

“I’m pleased that Amazon is doubling down on Austin by expanding the Tech Hub,” said Senator Watson. “Austin is a special place that fosters creativity and innovation, and I appreciate that Amazon has chosen to become an even greater contributor to our dynamic community and economy.”

To read more about the Austin Hub expansion and employee benefits, please visit The Amazon Blog.

Baton Rouge Pipe Manufacturing Plants to Undergo $22 Million Upgrades

Family-owned steel pipe manufacturing company, Stupp Corp. announced plans this week for major upgrades to its two northern Baton Rouge manufacturing plants. It’s estimated a total of $22 million is currently being invested as part of the overall expansion project in the region.

“This $22 million expansion is welcome news for north Baton Rouge, for the Capital Region and for the state,” Gov. Edwards said. “To be successful, Louisiana’s energy industry relies on quality products and performance by the oilfield services sector. Stupp Corp. has a long and respected history of providing products and services for the oil and gas industry for many years. As the company looks to improve its efficiency in this competitive sector, this expansion will create 128 good-paying jobs. Louisiana’s positive business climate and our talented manufacturing workforce are helping to make this possible.”

It’s also estimated that a total of 128 new jobs will come from the expansion in addition to retaining the 338 jobs currently in place. The estimated salary for the new job market is currently at $60,567 inclusive of benefits. Stupp kicked off the initial expansion project in October 2018 with the help of LED and LED’s FastStart® state workforce development program.

“We are thrilled that Stupp Corp., a longstanding economic and community partner, has decided to expand their business in Baton Rouge,” Mayor-President Sharon Weston Broome said. “The number of direct and indirect jobs created will add substantial value to our city and reaffirms that Baton Rouge is a great place to grow and build businesses. We were happy to partner with BRAC and lend our support to push this investment over the finish line.”

 “Stupp Corp. has been a part of the Baton Rouge community for nearly 70 years,” Baton Rouge Area Chamber President and CEO Adam Knapp said. “Our team was pleased to help coordinate this project through the decision-making process and is thrilled to celebrate with them today, bringing 128 new, high-paying jobs to the region.”

 

Klein Tools Targets UK, Ireland Markets

Lincolnshire, IL – Tool manufacturer Klein Tools has expanded initiatives in the UK and Ireland markets through a significant financial investment and strategic partnership with Super Rod, a leader in wire installation tools.

Klein offers a full range of electrical products from hand tools to test and measurement devices.

Super Rod will serve as a master distributor ensuring that the highest quality products reach the people who rely on them.

The agreement with Super Rod also brings Klein Tools into City Electric, the United Kingdom’s leading electrical wholesale network.

Starting January 2, Klein Tools will be available through the electrical distribution channel exclusively at 411 City Electric stores located in the United Kingdom and Ireland.

Klein Tools, founded in 1857, manufacturers its tool inventory at seven plants in the U.S.

12/31/2014

Toyota Adds Capacity to West Virginia Assembly Plant

Buffalo, WV – Six-speed, high-torque automatic transmissions are rolling off a new production line at the Toyota Motor Manufacturing plant in Buffalo, West Virginia.

The additional line increases the plant’s annual production capacity from 500,000 transmissions to 700,000.

The transmissions are being built for the Highlander and 4-wheel-drive Sienna vehicles, and will be shipped to Toyota’s assembly plant in Princeton, Indiana.

Toyota announced the $90 million expansion last year, the eighth expansion since the facility opened in 1996.

“This capacity increase helps us meeting growing North American demand,” said Millie Marshall, president – Toyota West Virginia. “Achieving our eight expansion clearly demonstrates what our team is capable of building high-quality powertrain products right here in West Virginia.”

Marshall stated that continuous improvement “has positioned the Buffalo plant as an important part of Toyota’s efforts to localize production in North America.”

11/14/2014

Illinois-Based Lifeway Foods Enters Canadian Market

Morton Grove, IL – Lifeway Foods Inc. has expanded its flagship line of probiotic kefir into Canada, where the cultured dairy beverage is now debuting in more than 1,000 stores across the country.

The company’s entry into the Canadian market marks the company’s second international expansion in 14 months, following the 2013 introduction of its frozen kefir products in the UK.

Lifeway the largest kefir manufacturer in the US with a commanding market share and a 20 percent + annual growth rate. The company said that the move into Canada and the UK “are the first steps in a plan to duplicate our success in the US in other markets around the world.”

According to the latest analysis by Transparency Market Research, global sales of probiotic products will jump from $11.6 billion in 2012 to $15.9 billion in 2019.

Probiotic dairy products accounted for almost 80 percent of all probiotic foodstuffs in 2011 and are expected to continue to command the highest market share, the analysis said.

08/01/2014