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Where Europe’s Booming ‘Medtech’ Industry Is Clustering, Site Selection Magazine, May 2002

 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 […]

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Call Centers: India Answers the Call

 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 […]

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Utilities’ Role in Economic Development: Getting Plugged In

 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 […]

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Johnson Controls U.S.A. Office Occupancy Costs Index, 4th Quarter 2001

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 […]

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Work Force Incentives Deserve a Closer Look

 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 […]

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The Strategy Alignment Model (Part 3): Benchmarking for Competitive Advantage

 “W e’re not getting what we need to out of these real estate benchmarks,” said my client, Scott Weas of SC Johnson, almost 10 years ago. What really bothered Scott was his perception that most of the benchmark information available for our planning efforts had little direct relevance to the core business and the strategies […]

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Mixing the Right Rx for Pfizer’s 600

 P fizer’s 600-employee expansion in Ann Arbor, Mich., looked deceptively simple — on paper, at least, once it was a done deal.         One number fairly leaps out in the postmortem: a whopping US$84.2 million in incentives, certainly enough to vacuum-seal most major expansions. And those bountiful incentives certainly did help seal […]

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Top Ten Deals of 2001

 T here’s a reason why Toyota, Nissan, Honda, Mercedes-Benz, BMW, Ford and General Motors all call the Southeastern U.S. home for some of the country’s largest automotive assembly plants. It’s because the South knows how to get the blockbuster economic development deals done.         Last year, the South accounted for three of […]

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Breakthrough Deals for 2001

 I n an era of dwindling resources and a slumping economy, development officials are searching for new ways to attract industry and business. Many cities are offering incentives for such traditional industries such as heavy manufacturing and logistics. Economic development groups are looking to attract tried-and-true businesses with workforce development programs and site incentives. There […]

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Top Ten Economic Development Groups for 2001

 W hy did Pfizer invest $600 million into a facility expansion in Ann Arbor, Mich.? Why did Citicorp Credit Service decide to add 2,100 jobs to its work force in Florence, Ky.? And why did Ford Motor Co. announce that it will invest $375 million into an expanded manufacturing plant in Norfolk, Va.?     […]

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2001 Top Groups Honorable Mentions

Site Selection recognizes 12 more economic development agencies for their successful efforts to attract business expansion activity. The groups mentioned here scored well in the same areas the Top Groups did — capital investment and new jobs created overall and on a per capital basis. Arkansas Dept. of Economic Development, Little Rock, Ark.www.1-800-ARKANSAS.com     […]

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IDRC Abstracts

From Site Selection magazine, March 2002 IDRC ABSTRACTS Following are abstracts of major presentations of the International Development Research Council, which this year is merging with NACORE to form CoreNet Global — the world’s pre-eminent corporate real estate association. “Corporate Energy Strategies: Corporate Real Estate and Economic Development Perspectives,” Texas World Congress, Oct. 22, 2001: […]

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‘Change’ Is Not a Bad Word

 E ven a cursory look at the best-performing states in the Governor’s Cup competition — our annual ranking of states based on their business-expansion success — reveals a new competitive landscape. Relatively sparsely populated states, such as South Dakota and Mississippi, are finalists in the overall ranking, for instance. And the perennial favorites in the […]

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IDRC Survey Measures Corporate Real Estate Practices

 T he International Development Research Council’s Annual Survey of Corporate Real Estate Practices is a one-of-a-kind resource for tracking corporate real estate and facility management trends. Since first conducted in 1993, the survey has provided insights into how these corporate functions and their service providers operate.         Here’s a survey nugget for […]

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Economist to CoreNet: Recovery to Exceed Expectations

 R ising employment, industrial inventories and prices will make the American economy’s recovery this year even stronger than most blue-chip economists forecast, Prudential Financial’s chief economist told a gathering of corporate and commercial real estate leaders Jan. 10 in Atlanta.         Susan Hickok, the keynote speaker at a forum of CoreNet Global […]

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U.N. Survey Reveals Transnational Companies’ Location Preferences

 T ransnational corporations (TNCs) will favor Germany, the United Kingdom and France when they invest in Western Europe during the next three years. This prediction is among the findings of a recent survey of 129 TNCs conducted by the United Nations Conference on Trade and Development (UNCTAD), the Invest in France Agency and Andersen, the […]

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Risk Deconstruction and the Site Selection Process

 M anaging risk has always been the cornerstone of the corporate relocation process, although rarely has a corporate executive or his economic development counterpart framed the decision-making process in quite those terms. In the post September 11th environment, however, risk management has moved beyond its traditional spheres of technological and financial risk assessment and now […]

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Vendor Alliance Drives Industrial Purchasing Efficiencies

Service Providers on the Move…. USAA Realty Co., San Antonio, has named David L. Reahl to head its north-central region and the Chicago office. Reahl previously was vice president and asset manager at LaSalle Investment Management, Chicago, where he was responsible for overall performance of property portfolios of $400 million in assets. Insignia/ESG has hired […]

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Europe Calling: Was it Too Much Too Soon?

 T he heat created by the North American push into Europe for new call centers has turned desirable locations into no-go areas for some U.S. corporates. But while some locations have become victims of their own success, others are emerging as new winners in the current cooler environment for new call center operations — especially […]

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How Does Your Vendor Define Second

 C orporate real estate managers with outsourcing contracts coming up for renewal have a unique opportunity, which is to hear how the provider of the service defines what has come to be known as “second-generation outsourcing.” If that provider cannot articulate how the next chapter in a service provider agreement will be better than the […]

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The Strategy Alignment Model: Principles for Enhancing Real Estate Planning Processes

 I n the January issue of Site Selection, I introduced the Strategy Alignment Model, which is a framework for directly aligning corporate real estate with the core business. As shown in Figure 1, the model is comprised of three components and seven guiding principles.         The focus of the first installment was […]

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Site Selection Governor’s Cup 2001

  L  ook closely — there’s a new luster on Site Selection‘s Governor’s Cup this year, a gloss that began taking shape last fall, when a new set of competition criteria came into being. After all, the successful systems in place in the business world are those that are maintained and refined as necessary to ensure […]

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Top Metros of 2001

From Site Selection magazine, March 2002 TOP METROS   The 2001 Governor’s Cup   • and the winner is …   • New Corporate      Facilities and      Expansions   • 2001’s Biggest U.S.      Corporate Facilities   • Top Metros   • Top Industries   • Global Location      Activity Chicago Breezes By Competition for Top Metro Spot By GINNY […]

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Top Industries of 2001

From Site Selection magazine, March 2002 TOP INDUSTRIES   The 2001 Governor’s Cup   • and the winner is …   • New Corporate      Facilities and      Expansions   • 2001’s Biggest U.S.      Corporate Facilities   • Top Metros   • Top Industries   • Global Location      Activity The Auto Industry Leads All Sectors by RON STARNER   T  […]

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