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In the Final Analysis
Features
G etting e-noticed involves far more than simply replicating your organization’s brochures online. Economic development agencies in Europe ? that might previously have sat back and let their regions’ charms speak for themselves ? are increasingly adopting a far more polished approach. This might not necessarily involve investment in all-singing, all-dancing flash-enabled Web sites, but […]
Read MoreInterstate highway access — check. Commercial airport site — check. Quick proximity to 50 percent of Florida’s population — check. Abundant and growing workforce — check. Foreign Trade Zone — check.
Costa Rica’s value proposition — like its business and natural ecosystems — just keeps growing richer and more diverse.
A peek into JLL’s latest U.S. Life Sciences Outlook report, and what an industry coalition thinks of the latest policy directives from the White House.
How a state that frequently finishes first keeps its competitive edge.
ESPN’s campus in Bristol, Conn., has been expanding ever since the network started 30 years ago. The latest new building, the $100-million Digital Center 2, was announced in August.
Features
H ow can you help your region grow when you’re busy managing your own growth? That is one of several questions facing the economic development arms of utilities big and small around the United States. As a recent benchmarking and best practices survey by the Utility Economic Development Association found, utilities […]
Read MoreCompanies that develop bio-pharmaceuticals, manufacture laboratory testing instruments and distribute pharmaceuticals and healthcare products are finding what they need to succeed in the Mid-Atlantic region.
WORLD REPORTS From Site Selection magazine, July 2007 France Attracts Engineering Firm, Roche Opens Basel Biotech Center Fiber Firms Form India JV, Announce Plant Near Mumbai by JOHN W. McCurry john.mccurry bounce@conway.com Thomas Fahnemann, chairman of Lenzing’s management board, (right), shakes hands with Satish Modi, chairman of India’s Modi Group, following a joint venture agreement […]
Labor may be spare, but it’s out there. And broad-ranging corporate strategies are finding it. What would you ask for if you could get just about any expansion incentive imaginable? That was the situation for United Parcel Service (UPS) in 1998. Its new cargo-sorting hub would employ 6,000-plus with a US$250 million annual payroll. Clearly, […]
Our Top Deals are determined by level of private-sector capital investment, degree of high-value jobs, creativity in negotiations and incentives, regional economic impact, competition for the project and speed to market.
A California electric car maker wants to employ as many as 1,000 workers at a battery plant in Ohio. All it needs is that DOE loan.
Features
E xecutives of the US$11 billion Computer Sciences Corporation understand the business benefits of outsourced services as well as anyone. The El Segundo-based company earned a $344 million profit in its 2002 fiscal year as an outsourcing provider of information technology services to corporations. Check that. Approximately $40 million of Computer Science’s 2002 profits came […]
Read MoreHousing and transportation in Greater Boston are key challenges to overcome. But talent always wins.
ne company’s scandal is another company’s opportunity. Last year, the U.S. Air Force had a preliminary US$23-billion dollar deal with Boeing to lease and buy 100 aerial refueling tankers. But the deal fell apart amid a growing procurement scandal. Last May, Defense Secretary Donald Rumsfeld returned the process to square one by […]
Foreign investment, film production and corporate R&D centers grow particularly well in the Peach State’s business climate.
North American Reports: California Cultivates Food Projects: & 4 more reports
Features
I ‘ve saved this space to recognize some outstanding individuals in the corporate real estate profession — the seven winners of this year’s Site Selection Corporate Real Estate Leadership Awards, which were presented at the CoreNet Global Summit this past May, in Salt Lake City. With their permission, we will spotlight the work they do […]
Read MoreCalifornia companies seeking greener pastures often cast a wistful eye at Texas and Colorado.
Along the banks of what once was called the world’s most crooked river, a straightforward property deal closed in January in southeastern Michigan that will help keep a hometown company home and maintain a special community’s home all at once.
Switzerland, Germany and Austria lead the world in terms of their travel and tourism industry competitiveness with Spain, the United Kingdom, the United States, France, Canada, Sweden and Singapore completing the top 10, according to the fifth Travel & Tourism Competitiveness Report, released in March by the World Economic Forum.
Giant multinationals see a green future in the Rocky Mountain West.
Film credit expansion seeks to answer competition from New Jersey, Georgia
Features
From Site Selection magazine, July 2002 WORLD REPORTS | SOUTH KOREA | MEXICO | AUSTRIA | PORTUGAL | SINGAPORE | SCOTLAND | Incheon Stakes Its Claim as Intelligent City In the first-ever U.S.-South Korean real estate joint venture, The Gale Co. has been tapped as a partner in developing the US$12.5-billion New Songdo Intelligent […]
Read Moreo you and the client have finished touring several suburban business parks and you begin the process of triaging the best sites for your client’s needs. The one consistent theme on the tours is the amount of time spent evaluating factors outside of the space versus how the interior layout worked. While the space itself […]
Analysis used to arrive at Site Selection’s Global Best to Invest rankings produced another benefit — an opportunity to shed light on investment in European metros that don’t often make headlines.
A burgeoning industrial cluster has the potential to brighten Michigan’s economy.
Features
Grubb & Ellis Growth in Services and Affiliates Inspires Investment Real estate investment firm Kojaian Ventures, based in Bloomfield Hills, Michigan, has agreed to stake $15.2 million on the growing fortunes of real estate services firm Grubb & Ellis, a measure that would grant Kojaian the voting power of a majority stockholder. The investment will […]
Read MoreTransparency and oversight of incentives is questioned.
Interested in investing in or benefiting from new South American infrastructure? Here’s the lowdown on the first half of what will be $23 billion in projects aiming for completion by 2027.
Economic developers share firsthand accounts from the zone of destruction.
cientists, scientists and more scientists. Or, simply put, you need lots of smart people in your community to be successful in attracting biotech research and development facilities. Creating a skilled work force is central to the mission of the Golden LEAF Biomanufacturing Training and Education Center at North Carolina State University in Raleigh. Companies engaged […]
Economic and cultural theorist Jeremy Rifkin published his seminal work "Entropy" 35 years ago. His ideas about the future, however, are not winding down at all.
Features
J oe Moravec, commissioner of the Public Buildings Service of the U.S. General Services Administration, recently sat down with Site Selection’s Director of Publishing Ron Starner for an interview on the changing role of GSA and how the agency’s new direction will impact corporate America. The linchpin of Moravec’s strategy is […]
Read MoreThe iconic sneaker seller is trading in the Big Apple for the Sunshine State.
Our annual Infrastructure Report unveils insights and plans from all three NAFTA territories, along with updates on some of the major projects now under way around the world.
TOP TEN DEALS OF 2007 From Site Selection magazine, May 2008 North American Honorable Mention International Top Deals International Honorable Mention Staying Power The best economic development deals of the year aim to create sustainable advantage for all concerned. Amazon.com’s headquarters expansion will create 3,000 new jobs in the South Lake Union District at the […]
Not all corporate operations need a Wall Street address to be successful.
Formerly known as BremnerDuke, Duke Realty’s healthcare division has developed more than $1 billion in healthcare facilities for hospitals and health systems nationwide. But it’s the philanthropic work spun off from all those projects that is extending the firm’s reach beyond the U.S.
Features
W hen Concept Inc. went looking in 1988 for a site to manufacture arthroscopic medical devices, the company found what it needed in Largo, Fla., a town in the Tampa Bay Area on the Gulf of Mexico. Today, the US$256 million-a-year company known as Linvatec employs 1,100 workers and occupies 235,000 […]
Read MoreThe top places for sustainability don’t talk about finding solutions. They go out and find them.
A concerted approach to pro-growth policy has made Utah into an economic force.
St. Louis: Innovation and tradition meet in St. Louis
Features
N ine out of 10 CFOs based in the U.S. believe that using outside resources to perform non-core functions increases shareholder value.1 Yet fewer than two out of 10 have empirically measured the return on investment (ROI) of their outsourcing initiatives. Those who have measured ROI report an average of 17 percent savings. […]
Read MoreThe shift away from the dependence on foreign oil has opened an opportunity for rapid growth in the cleantech industry.
Florida, Texas and Idaho lead the nation in attracting and keeping talent, according to a study just published by data organization Lightcast.
This is one Latin American infrastructure megaproject that is actually happening.
Among its goals set in 2010 for the year 2020, the region already has surpassed its target of generating 150,000 net new jobs and has achieved its goal to attract $8 billion in capital investment.
The stricter regulatory climate governing suppliers of dietary supplements has been a boon for Vitality Works, a liquid herbal extracts company based in Albuquerque, N.M.
Features
T he queues were shorter, but the destinations more varied. That is one conclusion to draw from the annual “European Investment Monitor” report from Ernst & Young. European new facilities and expansions dropped 12 percent in 2001, but it was a good year nonetheless for “gatecrashers, EU (European Union) accession countries […]
Read MoreBeaches aren’t the only draw for entrepreneurs in the Sunshine State.
Consumers Energy and Michigan communities leave coal behind on the road to a net-zero future.
A Capital Investment Program at the Port of Philadelphia is under way and will continue through 2020.
Activity around Loma Linda University and a big investment from Medline point to a true life sciences cluster taking shape in San Bernardino County.
As more people shop for products online, more companies will be looking to open fulfillment centers in the best locations.
Features
E merging industry clusters in such high-tech fields as life sciences and software engineering are driving demand for a new breed of business park. But more than futuristic laboratory and office space is required to catch the attention of industry players seeking suitable locations in which to research and develop tomorrow’s systems and services. The […]
Read MoreInstitutions and industry enter the cockpit to educate next-generation talent.
T he top economic development groups in the U.S. for 2003 know how to strike the ideal balance – between confidentiality and telling your story; blockbuster corporate deals and incremental company growth; new development and the infrastructure and redevelopment to go with it; simple processes and sophisticated methods of obtaining them. […]
If there?s one thing a company needs, it?s people. People to work, run and operate the business — and people who?ll buy its products and services. That simple fact is one of the big reasons facilities are flocking to the U.S. South. Strong population growth across much of the region translates into an abundant work […]
Philips Lighting will expand their operations at the company’s Tupelo, Miss., facility, creating a manufacturing hub.
Features
S ite seekers evaluating California locations have used, for some time, the Kosmont Cost of Doing Business Survey, among other tools. Kosmont Realty Corp., Los Angeles, has gathered cost information on hundreds of communities in The Golden State. This research has now been expanded to include 22 markets outside California, giving […]
Read MoreExecutives at three national scientific and technical services organizations explain why St. Tammany Parish is home.
Business and community leaders pick the brains of leading site consultants at the World Forum for FDI.
Building our readers’ knowledge and capabilities is the purpose of State of the States, Site Selection’s painstakingly assembled annual compendium of data that matter to global corporate location decision-makers.
What do the world's largest retailer, an entrepreneurial steel industry executive and a French jet manufacturer all have in common?
Will LG's new campus ruin the Palisades of New Jersey? Depends on your (point of) view.
Features
D o you sometimes think that you receive too much information? In his excellent 1999 book, How the News Makes Us Dumb: The Death of Wisdom in an Information Society, historian C. John Sommerville laments the loss of truly wise people in an era in which meaningless daily news consumes us, and in which we […]
Read Moreant to gain an edge over your global competition? Consider locating your next plant in a Foreign-Trade Zone. If you thought that FTZs were only for distribution centers and freight-forwarding facilities, think again. Locating in an FTZ can save your operation millions of dollars per year, and you can do a […]
Arkansas is surrounded by some business-friendly powerhouses. So it must try harder. And it’s doing just that, says a state business association executive. Bill Hannah is Chairman of Associated Industries of Arkansas (AIA), an association of Arkansas businesses that works with the Arkansas State Chamber of Commerce and other organizations to foster a business environment in which companies can compete and succeed. He is also CEO of Nabholz Construction Services, based in Conway, Ark., which was founded in 1949.
Problem solving and communication are among the ‘durable skills’ in huge demand as the global labor shortage grows.
The Federal State of Baden-Württemberg in southwestern Germany — the birthplace of the automobile — is ready to disrupt its own industry.
Georgia’s life sciences sector requires incentives and continued R&D funding to reach elite status.
Features
I f you’re not keeping score, then you’re just practicing, goes the adage. More and more economic development groups are realizing how true that is as they evaluate their performance relative to other locations. The heated Governor’s Cup contest covered in our March issue is testament to that. But other measures are emerging that can […]
Read MoreBuilding our readers’ knowledge and capabilities is the purpose of State of the States, Site Selection’s painstakingly assembled annual compendium of data that matter to global corporate location decision-makers.
A new campus from the mother of all medical centers could be a leading indicator for Houston.
State officials tell us how they're addressing gaps in workforce development.
With energy codes updating across America, many developers are rightly worried about the rising costs associated with compliance.
Features
M ost Fortune 1,000 companies view corporate real estate as a strategic asset. This means it plays a primary role, along with human resources, technology and information, in helping the company achieve its long-run goals and objectives. In 1993, the International Development Research Council’s (IDRC) first Corporate Real Estate 2000 Program report said, “We have […]
Read MoreTOP TEN DEALS OF 2007 From Site Selection magazine, May 2008 North American Honorable Mention International Top Deals International Honorable Mention Staying Power The best economic development deals of the year aim to create sustainable advantage for all concerned. Amazon.com’s headquarters expansion will create 3,000 new jobs in the South Lake Union District at the […]
U.S. & Texas Lead the Way in 2020 Global Groundwork Index Rankings
The Southwest Louisiana and Acadiana region supplies energy to the world and skilled workers for expanding companies. Take the elements that are critical to community prosperity — water, transportation, energy, industrial know-how, and willing and able workers — and combine them into a strategy for economic success … that is exactly what Southwest Louisiana and Acadiana did.
Satirists Draw Scorn For Creating Actual Jobs.' "No way to treat loyal scoffers," says straight-faced applicant.
On the outskirts of America’s first planned city, the master-planned Savannah Gateway Industrial Hub could write the region’s next exciting chapter.
Features
Zurich, Vienna and Vancouver Top Quality of Life Survey The 2002 worldwide quality-of-life survey conducted by human resources firm William M. Mercer has found Zurich, Switzerland to be the best overall place to live in the world, trailed closely by Vienna, Austria, and former No. 1 city Vancouver, British Columbia. The […]
Read MoreIf our long-running Technology InSITE series has taught us anything, it's that tech products for sound corporate real estate management and decision-making are only as good as the people who create, wield and improve them.
f having one Top Small Town is great for a county, then having two is better. Just ask the folks in Iredell County, N.C. By registering 24 new and expanded corporate facility projects in 2004, the Statesville- Mooresville, N.C., Micro-politan Statistical Area claimed Site Selection’s Top Micropolitan of the Year award. […]
SEPTEMBER 2006 Changes Over Time (cover) Gov. Kaine: Virginia History Rooted in Economic Growth Vaccine Territory Request Information
Learn directly from company and government leaders why this country makes sense for light manufacturing and business services, among other sectors, and why it’s leapt to No. 7 in the world in the World Bank’s Ease of Doing Business report.
Features
Service Providers On the Move … Edward C. Lubieniecki has been appointed executive vice president for the Western Region Consulting Services of Grubb & Ellis Co., based in New York City. Lubieniecki will bring more than 20 years of industry experience to the firm’s San Francisco office. In addition to being selected to manage the […]
Read MoreBASF’s apprenticeship program with Tri-County Technical College in Oconee County is just one of many exemplars.
UPS sets new sustainability goals that include vehicle innovations and more renewable power.
CB Richard Ellis’s Call Center Solutions Group, based in Phoenix, is teaming up with an academic expert on call center operations data to quantify the synergies and savings companies can realize by looking outside metro areas for suitable labor pools. CB Richard Ellis’s James J. Trobaugh III, an expert on siting call centers, explains how […]
avid H. Murdock believes nutrition, tweaked by top scientists, may one day help cure humankind’s dreaded diseases. The California billionaire believes so much in the concept’s potential he is putting the financial nutrients into a billion-dollar gambit to create what he calls an unrivaled biotechnology research campus in North Carolina. In doing so, Murdock is […]
When companies need traction, universities often provide the best proving grounds, test tracks and launch pads.
Features
The new Conway Eco-Site project involves several elements: A small, privately maintained nature preserve, the Mockernut Botanical Garden. A family residential compound in a quiet rural area surrounded by magnificent vegetation. A private library and research facility away from distractions and interruptions. A farm for growing vegetables and fruit — and later, a greenhouse. A […]
Read MoreElectricity is the latest frontier for innovation in shale oil and gas.
The United States is preparing to take a leaf out of a successful program in Europe to shift road traffic to waterways,
From Site Selection magazine, February 1989 New Facilities 1988 Continue to next page | Site Selection Online ©1989 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
In early January, automotive visionary and entrepreneur Paul Elio announced that his fledgling company Elio Motors would employ 1,500 people in producing Elio's cute, green and ultra-high-mileage three-wheeled car in the giant former General Motors facility in Shreveport that used to produce the intimidating and gas-guzzling Hummer.
Features
C orporate site selectors have a new tool to use in their next business location search. It’s the revamped Development Alliance web site, the product of a partnership between the International Economic Development Council and Conway Data Inc., publisher of Site Selection magazine. Launched in early 2001, www.developmentalliance.com is the corporate […]
Read MoreRemember BRAC? People living in 136 communities across the nation who sure do.
eptember 2004 saw hurricanes on two coasts and a major earthquake on another, but it was a federal appeals court decision in the U.S. heartland that packed an economic development wallop still awaiting measurement. On Sept. 2, the U.S. Court of Appeals for the Sixth Circuit —whose jurisdiction encompasses automotive corridor states […]
At joint Toyota-Mazda plant in Alabama, job training goes to school.
When companies choose the Milwaukee suburb of Franklin, they’ve picked a destination.
Snapshots of projects across the continent capture an EV revolution in full power drive.
Features
T he medical technology industry – medtech for short – is very much in vogue in Europe. For one thing, corporate investors crawled out of the dot-com rubble and sought sanctuary alongside what they thought would be the next golden goose. But this sector is more complex than the financial world thought, being multi-faceted, capital […]
Read MoreA global consultancy issues two new reports on global biopharma competitiveness, finding the US tops and its northern neighbor wanting.
Tryon Technology Park in Upstate New York shows what can happen when a sense of purpose meets a parcel primed for adaptive redevelopment.
When Gov. Scott Walker stared down the powerful public employee unions in Wisconsin two years ago, the landmark budget reform legislation did more than place the Badger State on a path to fiscal recovery.
ven as Korean automobile manufacturer Kia was finalizing a U.S. site-location decision in late 2005, U.S. companies continued to move some or all of their manufacturing operations to Mexico, China and other destinations at a rate that has some wondering just what the U.S. will be producing within 10 years. New plants are opening in […]
From Site Selection magazine, February 1992 New Plant & Equipment Expenditures 1958-91 Continue to next page | Site Selection Online ©1992 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
Features
I n an economic downturn, inexpensive, capable labor becomes even more important. India has both and offers call center site selectors the added bonus of a workforce dedicated to making a career within the call center industry. “India offers a workforce of highly-dedicated, well-educated, English-speaking professionals, and the infrastructure needed to […]
Read MoreIraqi opportunities. These two words don’t seem a good match, unless perhaps in the context of the oil or security businesses. But the phrase makes sense in Iraqi Kurdistan, the autonomous northern region of Iraq, where early commercial investors are now on the scene. Across many areas of Iraq, peace is fragile and daily life can still be unpredictably dangerous. But growth is returning to Iraqi Kurdistan led from its capital, Erbil. Brands such as Sheraton, Hilton, Porsche and Sony are entering Kurdistan looking to access the potential of this region of 4 million people. Nissan has opened its largest service center in the Middle East, and its new airport, opened in 2005, has one of the longest runways in the world.
Business Oregon’s new director discusses Oregon’s diverse and inclusive economy.
Crossing into Indiana on Interstate 70, a driver might notice solar parks on either side of the highway.
orporate real estate executives like the impact that Sarbanes-Oxley (SOX) is having on the reporting Bob Zane and management of facility performance. They just wish that compliance with the law cost less time and money. That’s the bottom line of a new research study conducted by the Atlanta-based Industrial Asset Management Council. […]
Global food and beverage companies continue to make major investments in the Virginia Beach-Norfolk-Newport News metro area.
Features
W hen national electronics retailer Best Buy needed to place a regional distribution center in the Southeast, the Georgia Center for Site Selection played a pivotal role. What’s unique about the GCSS? It’s operated by a utility cooperative association — the Georgia Electric Membership Corp. (GEMC) in Atlanta. The center helps […]
Read MoreKansas projects are central in more ways than one to an industrial ecosystem worth hundreds of billions of dollars now taking shape in the United States.
Just nine years remain before Vision 2020 — Malaysia’s blueprint for achieving fully industrialized status — is to take effect. Former Prime Minister Tun Mahathir Mohamad set the Southeast Asian nation of 28 million people on the Vision 2020 course in 1991, complete with nine strategic societal challenges to be overcome in order to become fully developed by the end of the decade.
The United States knows it could do better, says a new report on global energy efficiency.
After looking at some 50 sites, Roche last week announced it would bring 200 jobs to the new center at the Alexandria Center for Life Science – New York City, formerly known as East River Science Park.
On September 15, Red Hat announced its plans to expand its Boston footprint to a new location in the Fort Point neighborhood of Boston's Seaport District.
Features
Welcome to the 4th Quarter 2001 Johnson Controls USA Office Occupancy Costs Index, which provides a snapshot guide to the cost of providing and operating property and facility management services in the USA. This cost index briefing is published twice a year and has become a powerful and dynamic business reference […]
Read MoreMicron’s new memory manufacturing fab in Boise lures workers with a child care facility.
Breaking the rules may not win many friends, but it sure has a way of influencing people — especially when it comes to the world of economic development.
The Truman Center for National Policy’s “City and State Diplomacy Toolkit” will show you: There are plenty of strong examples of regions not waiting around for their parent states or nations to make connections for them that they could make themselves instead.
Features
W hen manufacturer Superior Walls of Central Illinois opened for business in the Springfield Enterprise Community, it created job opportunities for 42 low-to-moderate-income neighborhood residents. “These employees show great pride in producing a quality product,” says Springfield developer Mike Suhadolnik, owner of Superior Walls. Suhadolnik’s enthusiasm is matched by that of […]
Read MoreGood things come in small packages all across the Buckeye State.
A private-sector alliance of CEE executives has big plans for this region.
Forget talent attraction strategies; these young and energetic leaders are transforming metro area economies in Florida.
Winnepeg, Manitoba, is the overall lowest-cost city of 26 Midwestern US and Western Canada metros.
Innovative firms find motivated, highly educated workers in this rapidly growing college town.
