NOVEMBER 2008 Your Voice Matters (cover) Remaking Companies On the Fly Adopt a Strategic Orientation or Perish How to Remain No. 1 IAMC Lease Handbook Published Request Information

INCENTIVES From Site Selection magazine, November 2008 Not Your Father’s Work Force New work-force phenomena require new thinking in job-creation incentives programs. by JAY C. BIGGINS editor bounce@conway.com I n today’s work force, jobs are being accomplished in different ways. Job-sharing, flex-time, freelance, contract workers, Professional Employer Organizations (PEOs) – all illustrate newly relevant arrangements […]

KOREA From Site Selection magazine, November 2008   Korea Creates a 21st Century Global Business Center F oreign direct investment (FDI) is critically important to Korea, accounting for 14 percent of GDP and 8 percent of manufacturing employment in 2006. However, as the cumulative stock of FDI represents just 8 percent of national GDP compared to the […]

2008 STATE LEGISLATIVE UPDATE From Site Selection magazine, November 2008 A Year of Change Shoring up infrastructure and rewarding energy innovation were among major themes addressed by legislative bodies across the U.S. in 2008. by MARK AREND, ADAM BRUNS & JOHN W. McCURRYeditor bounce@conway.com   Use this map to quickly navigate down the page to […]

NORTH AMERICAN REPORTS From Site Selection magazine, November 2008   Clean Energy In, Clean Energy Out Québec Lands Billion-Dollar Plant from REC Silicon The clean hydropower available at Bécancour Industrial Park helped lure REC to choose the site for the manufacture of polysilicon (inset) for the solar and semiconductor industries. Image courtesy of Bécancour Industrial […]

PROJECT FINANCE From Site Selection magazine, November 2008   Taking One for the Team What does playing ball with stadium subsidies say to multinational corporations? Giving onto a vista of downtown Minneapolis, the Metrodome, which opened in 1982, is held up as a model project in terms of its financing balance, and is the only […]

ProLogis’ Kaiser Distribution Park in southern California ProLogis Park Chanteloup in Moissey-Cramayel, France usiness park design is in continuous flux, a trend likely to persist given the volatility of the capital markets, high fuel costs, ever changing supply chain strategies, and the challenging world situation. Trends Impacting U.S. Parks       NAIOP and other sources have identified […]

n a world of Blackberries, the Internet, and e-mail, the speed of business has vastly changed over the past decade. This change is seen not only in the way in which people communicate, but also in the way in which business decisions are made. Michelle Comerford, Senior Location Consultant, Austin Consulting       Companies today are pressured […]

s the world flat or round? I guess that depends on which book you are reading at the moment. Regardless of shape, one thing is certain: U.S. companies are facing difficult global supply chain challenges. Challenges are coming from tightening of our borders, rising energy costs, reliability of suppliers in an uncertain economy –and the […]

SITE Visit From Site Selection magazine, November 2008   Foxconn Finds San Jeronimo The chain of binational development in the El Paso-Juarez-Las Cruces region is facilitated in large part by this relatively lightly traveled border crossing at Santa Teresa, N.M. Photo courtesy of New Mexico Border Authority W hat does it say about border relations […]

WORLD REPORTS From Site Selection magazine, November 2008   Chemical Specialist Expanding Globally Lanxess is expanding its caprolactam production facilities in Antwerp (above) and recently opened a new center for rubber research in Qingdao, China (below). by JOHN W. McCURRY john.mccurry bounce@conway.com  G erman specialty chemicals group Lanxess AG is in the midst of several […]

CORPORATE REAL ESTATE AWARDS From Site Selection magazine, September 2008   Excellence Is its Own Reward by MARK AREND mark.arend bounce@conway.com S ite Selection Magazine editors and members of the Editorial Advisory Board wrapped up a months-long evaluation of nominations for the first annual Excellence in Corporate Real Estate Awards in August. The nominations were […]

CANADA: BEST TO INVEST From Site Selection magazine, September 2008 Catch a Lift Ingenuity is one natural resource helping Canadian economic development soar. The first train from the fast-growing Port of Prince Rupert to Chicago completed the trip in a record transit time of 92 hours, supported by CN’s recently completed $25-million infrastructure upgrades. “I […]

EDITOR’S VIEW From Site Selection magazine, September 2008   The Call to Excellence by MARK AREND mark.arend bounce@conway.com O ne of the many benefits of our Excellence in Corporate Real Estate Awards program is the inspiration we can gain from the winners’ achievements. Take DFW International Airport’s John Terrell, for example (see coverage of the […]

SEPTEMBER 2008 Take a Giant Step (cover) Meet a Member People & Projects Request Information

NORTH AMERICAN REPORTS From Site Selection magazine, September 2008   Many Stars in Montana Crow Nation Chairman Carl Venne, Montana Gov. Brian Schweitzer and AAEC Chairman Allan Blood (l. to r.) are flanked by members of the Crow Legislature as they celebrate the signing of a 50-year, $7-billion development deal. K ing Coal has not […]

hether it’s $1 billion in Massachusetts, hundreds of millions of dollars in Florida or a proposed $1.1 billion in Maryland, states and counties are unleashing their coffers with a variety of packages to boost their regional biotechnology sectors.       Brilliant strategies to build up a lucrative industry clusters, or a potential drain on taxpayers? Critics of […]

ecently, Florida has become a convenient (and photogenic) poster child for America’s real estate market crash. However, this assessment is far removed from Florida’s contemporary economic reality – that of an increasingly diversified, three-quarter-trillion-dollar economy relying on multiple engines of growth. Fort Lauderdale, the anchor community of Southeast Florida’s Broward County, is rapidly making a […]

his July, a defense industry precedent was set when Secretary of Defense Robert Gates announced that a U.S. Air Force aerial refueling tanker contract worth around $40 billion was to be put up for rebidding after an investigation by the Government Accountability Office (GAO), the audit, evaluation and investigative arm of the U.S. Congress, uncovered […]

ork-force training programs are designed to either support new job creation or increase the skill level of the incumbent workforce. Work-force training monies flow through reimbursable programs or tax credit programs funded by various sources including: Unemployment Insurance Taxes (“UIT”), General Fund Appropriations, Future Payroll Taxes, or Income and Franchise taxes.       Generally, to secure reimbursable […]

SITE Visit From Site Selection magazine, September 2008 Trevor Hamilton, vice president of economic development for the Chattanooga Area Chamber of Commerce, has spent much of his career pointing out the attributes of the Enterprise South megasite. Now Volkswagen will put them to use. Chattanooga Stands and Delivers Volkswagen chooses a former U.S. Army munitions […]

TECHNOLOGY TOOLBOX From Site Selection magazine, September 2008    Web Site Do’s and Don’ts Some economic development Web sites offer too much information, others not enough. John Warden is executive vice president of The Walker Companies. by JOHN W. McCURRY john.mccurry bounce@conway.com W eb-based research has become a critical part of the site selection process […]

WORLD REPORTS From Site Selection magazine, September 2008   Port, Highway Projects Boost Honduras Logistics Dredging began in June for a $240-million expansion project at the Port of Cortes on Honduras’ Caribbean coast. by JOHN W. McCURRY john.mccurry bounce@conway.com  T he Port of Cortes, the largest of five Caribbean ports in Honduras, manages more than […]

COVER STORY: RESEARCH & SCIENCE PARKS From Site Selection magazine, July 2008   Reservations      for Research High-profile partnerships support high-flying visions. by JOHN W. McCURRYjohn.mccurry bounce@conway.com The Hong Kong Science Park is being developed in three phases. The second phase’s layout is dominated by a unique ovoid auditorium. Douglas Muzyka, president – DuPont Greater China […]