C all it coincidence, but much attention is being given of late to the importance of competitiveness in the context of economic development, including here at Site Selection. No fewer than three new resources are suddenly at the disposal of corporate real estate executives and others charged with selecting the best location in which to […]
Visteon Builds Facility in France Automotive supplier Visteon has invested 30 million euros (US$33 million) in its new factory next to the PSA Peugeot-Citroen assembly plant in Noyal/Chatillon-sur-Seiche near Rennes, France. The 177,600-sq.-ft. (16,500-sq.-m.) facility will support current and future business with PSA. The plant will employ 400 at full production, manufacturing and assembling HVAC […]
“‘T'” is for Texas,” goes the ancient country twanger. But “T” is for a lot of other things, too – Tundra and prime-time truck turf, for example – in explaining Toyota’s decision to locate its 2,000-employee, US$800-million plant in San Antonio, Texas. The assembly operation will annually […]
Palm Harbor Program Highlights Proficiency and Profitability Here are some highlights of the highly successful IAMC Professional Forum held April 6?9 in Palm Harbor, Fla., covered by the Site Selection team of Director of Publications Ron Starner, Editor Mark Arend and Executive Editor of Interactive Publishing Jack Lyne. Look for further coverage at www.iamc.org. […]
A s much as any multinational corporation, United Technologies Corp. (UTC) embraces both new and traditional industrial economies. The Hartford, Conn.-based company’s range of subsidiaries extends from the legendary Otis Elevator to its International Fuel Cells division, as well as including Pratt & Whitney, Carrier and Hamilton Sundstrand. All of these operations add up to […]
A new benchmark now is in place that measures state economic development agencies’ competitiveness – the most important factor in an agency’s ability to attract capital investment and expand economic activity in the state. The inaugural Site Selection Competitiveness Award goes to the Tennessee Dept. of Economic & Community Development (DECD). […]
W ith the Site Selection Competitiveness Awards having been created to honor state economic development teams, our Top Groups designation has been reserved for those metro, town and county teams that are so often at the nexus of any deal. Why? Because they literally know the lay of the land better than anybody else. […]
T he sun had already set on the Alabama State Capitol on April 1, 2002, when then-Gov. Don Siegelman received the phone call that would change Montgomery forever. Dong Jin Kim, president and CEO of Korea-based Hyundai Motor Co., was on the other end of the line. Governor, he said, I […]
W hoever said that Americans can’t build good cars hasn’t taken a tour lately through the heart of the United States. From Michigan to Alabama, factories churn out millions of popular, high-quality vehicles every year. And the proof isn’t just in record sales numbers and customer satisfaction reports. It also comes […]
C ome on down and do a sale-leaseback right now. Get a high price; pay a low rent. Hurry. This is a limited time offer. For the past year or so, investors across the board have been re-evaluating their commitments to the stock and bond markets, sizing up alternative investments, and […]
ver the past 30 months, United Technologies Corporation has slashed $40 million from its 58 million-sq.-ft. (5.4-million-sq.-m.) domestic real estate portfolio, thanks to the help of a strategic alliance with United Systems Integrators Corp. (USI) of Stamford, Conn. Today, USI is expanding its efforts to include United Technologies’ international portfolio. All told, USI is now […]
R anked by Site Selection as the third-best state in the nation in attracting new and expanded corporate facilities, New York is experiencing a resurgence across its business communities. Governor George Pataki’s lower tax policies and investments in promoting high-tech, industrial, and transportation projects have tremendously helped the state recover from the devastating affects of […]
