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Read November 2013 IssuePublic financial support for business is a common practice in most parts of the world as governments try to encourage corporate behavior that is beneficial to the economy and society at large.
Read Cover StoryNo longer a bridesmaid, Georgia claims the limelight in 2013 as the state with the best business climate, according to Site Selection’s annual ranking of states’ attractiveness to corporate facility investors.
Read Cover StoryAn electronics component firm that serves the automotive and medical device sectors is rapidly making a bid to be a top employer in Western Michigan, thanks to new contracts that are allowing the company to reshore jobs and offshore product.
A company’s facilities and the environment in which they exist can be a strong competitive advantage — or a persistent drag on profitability.
The problem in Europe is that you can’t run a plant profitably with one shift,” says automotive industry analyst David Cole, chairman emeritus of the Center for Automotive Research and now co-founder and chairman of AutoHarvest.
Although many disagree on exactly where to trace the origins of the modern special economic zone, just about everyone would agree that zones have seen tremendous changes since the 1980s.
By special arrangement with Site Selection, Von Hatley, managing director of Jones Walker Consulting, an affiliate of the prominent law firm that assists clients considering expansion, relocation or consolidation of business operations, recently sat down to interview longtime colleague Jerry Lundquist, the former head of the Global Aerospace and Defense practice at McKinsey & Co.
What do Equinix, Latisys and RagingWire have in common? All elected to expand their sizable data center operations in Loudoun County, Va., home to a rapidly growing cluster of co-location facilities.
Even after the November 2012 election results were known, non-US-based companies looked forward to investing capital in US facilities in 2013.
On February 18, 2011, Ohio Gov. John Kasich, after just over a month in office, kept one of his first campaign promises: He signed into law a bill creating JobsOhio, a privately funded non-profit that works with the state and its Development Services Agency to foster job creation and corporate investment.
When Pennsylvania Gov. Tom Corbett took office in 2011, he expressed frustration with how long it took businesses to get the permits they needed to open new facilities.
In a speech to the American-Turkish Business Council this fall, Turkish President Abdullah Gül dropped a few facts on his audience:
How can real estate be uniform and customized at the same time, especially across an expanse as vast and diverse as Asia?
One is a global pioneer in semiconductor research and manufacturing.
Singapore-based developer Ascendas has been active in China for 20 years, creating space to meet clients’ evolving real estate requirements.
“We need to become an exporter to the whole world,” Ontario Minister of Research and Innovation Reza Moridi told Site Selection earlier this year.
When Kenall selected Kenosha, Wis., for a new advanced manufacturing investment, the facility location decision reaffirmed the wisdom of recent changes to the Wisconsin business climate.
“Site Selection is all about risk management and risk analysis.”
Food and beverage is one of Virginia’s top industry sectors, with more than 33,000 people working at PepsiCo, Tyson, Boar’s Head Provisions, Lipton Tea and well over 500 other companies.
Travelers Insurance scoured the country and chose Sarpy County, Neb., for the giant insurer’s second major data center in the US.
Funds from 2008 disaster recovery bonds will support a US$2-billion fertilizer plant in Indiana, even though Gov. Mike Pence pulled state support earlier this year over concerns about potential disaster from its parent company’s products abroad.
Chances are if you’re reading this anywhere outside of Cheyenne, Casper or Laramie, you don’t know much about Wyoming.
Corporate site selectors want to see a single digit next to states in rankings designed to shed light on their suitability for investment.
Forging new collaborations between universities and corporate investors is the linchpin behind the new business growth strategy of the desert Southwest.
In late 2012 when Hostess declared bankruptcy, a long line of Twinkie and Ding Dong jokes predictably exploded across the airwaves.
Ten years tax-free. Five years income-tax-free for new employees. Proximity to a 64-campus system of higher education with ample research assets and enrollment approaching half a million students. What’s the catch?
Cory Guimond’s grandfather, Philias Guimond, began building wooden boats in the small fishing village of Escuminac in New Brunswick, Canada, in 1942. Since then, over 600 boats have been built over three generations.
Washington Gov. Jay Inslee says the state his family has called home for five generations has a “unique marriage of assets.” Some of them just need a second honeymoon.