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Related article: Top Ten Deals of 2001
Features
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 […]
Read MoreFrom urban metropolis to rural farming towns, Illinois offers everything in between.
Technology assets in southern Indiana join forces to create extraordinary potential for sustainable economic development.
Among other products, the company has made cannula in the Cornhusker State for 51 years. What’s a cannula, you ask?
Get a clear picture of the state in charts, graphs, fast facts and infographics.
Features
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.? […]
Read MoreADVANCED MANUFACTURING: From Model T’s to E-Transits to Trackers, Missouri Suits the Future of Manufacturing to a ‘T’
TECHNOLOGY TOOLBOX From Site Selection magazine, March 2008 Bayer Buffers Churn How one pharmaceutical company simplifies big moves. by JOHN W. McCURRY john.mccurry bounce@conway.com W orkplace churn can present major headaches for corporate managers. That’s particularly true with firms in industries in flux such as the pharmaceutical sector, whether it’s movement brought on by […]
Missouri continues to attract new investments and fuel innovation with key partnerships.
The same location criteria that drove your site decisions last year still apply this year. But the textbook has changed.
How Amazon’s Nashville pick ended a lot of anticipation in Tennessee.
Features
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 […]
Read MoreThree reports offer guideposts to more judicious energy use in buildings, transport and industry.
How Consumers Energy is partnering with businesses to ramp up renewables.
Drug violence has escalated, U.S. National Guard troops are being deployed and bi-national political tensions are rising
Korea-based biopharmaceutical company Celltrion announced last week its plan to invest $230 million to build a new manufacturing facility in Yesan County, located an hour and a half outside of Seoul, South Korea, in the province of Chungcheongnam-do.
Business collaboration and commercialized research represent the cutting edge of higher education.
Features
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: […]
Read MoreHas your company paid heed to the potential benefits foreign trade zone status can confer? If not, listen up.
GDP growth has never and will never absolutely correlate with investment returns. Any questions? No? Great. Thanks for your time.
Interstate 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.
Features
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 […]
Read MoreCreated in 2014 by the Governor’s Office of Business & Economic Development (GO-Biz), the California Competes Tax Credit program was renewed in 2018 with at least $180 million in tax credits available to allocate to businesses each year through 2023.
Reform School Showdown: When it comes to corporate tax reform, Washington wonks differ on who needs to clean up their act.
Every time a new Kubota compact tractor speeds off the assembly line in Jefferson, Ga., it’s a reminder of just how multinational commerce has become in the Peach State.
The Volkswagen Group is expanding its ecological and social commitment in Brazil as its growth trajectory there gains altitude. “The Brazilian automobile market has significant growth potential.
Features
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 […]
Read MoreFast-rising supply chain solutions provider investing $115M in SW Illinois.
Sure, you’re well aware of Boston and San Francisco as hotbeds of life sciences talent.
Texas opens the door to opportunity for a legion of future professionals.
F orward-thinking companies in the IT, software and telecommunications sectors know that clustering – locating in (or being closely connected to) geographic hotbeds of innovation with concentrations of other similar and related companies, skilled knowledge workers, universities and technology centers and advanced physical infrastructure – is a key way to gain competitive advantage. The regions […]
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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 […]
Read MoreManufacturing the energy-saving, electronically tintable glass used in commercial building windows and skylights “is a very capital-intensive business,” according to an industry insider presiding over a corporate facility expansion in Minnesota.
M A N A G E M E N T S T R A T E G Y Tomorrow’s corporate real estate world will scarcely resemble yesterday’s or today’s, the pundits are fond of pointing out. The professionals in the industry know that. The key is getting the rest of the organization to see […]
It’s been a relatively quiet year for facility investment projects from Merck KGaA, the life sciences and chemical firm that employs more than 38,000 around the world and reported 2012 revenues of more than US$15 billion.
Site Selection is the most effective vehicle in the economic development marketplace for putting their message in front of corporate decision makers.
Features
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 […]
Read MoreGov. Herbert stays committed to giving business a competitive edge in Utah
Frac sand is quarried in Wisconsin, Louisiana, Arkansas, Missouri and Illinois, making the Mississippi River an important mode of transport by barge. The Port of Natchez has announced a US$34-million expansion for trans-loading and storing sand and resin-coated sand. Blain Sand and Gravel and Fores Frac Sand are investing $7 million and $27 million, respectively, to add new processing and handling facilities and upgrade the rail at the port, creating 60 jobs. The Port of Greater Baton Rouge is now home to GNS Frac’s new $10-million sand drying and sorting facility at the Inland Rivers Marine Terminal in Port Allen, La.
Tired of playing the understudy, India is rehearsing its role as Asia’s next manufacturing superstar.
Analysis of all projects entered into Site Selection’s New Plant Database during the 2013 calendar year shows transportation is driving economies, especially in Asia.
In the past two years, the dramatic changes in Arab countries have been a primary focus of attention.
Features
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 […]
Read MoreWhich Asia-Pacific cities deserve a spot on site selectors’ short lists of potential international headquarters locations?
India’s western state of Gujarat has long been an industrial nexus, specializing in petrochemicals, pharmaceuticals and textiles.
Calls for repeal of the excise tax on medical devices haven't died down.
Features
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 […]
Read MoreFrom 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 […]
SEPTEMBER 2009 The Garage Sale (cover) Meet A Member People & Projects Request Information IAMC INSIDER The Garage Sale We had our annual garage sale a few weeks ago. My wife lives for this event and, I must admit, I do enjoy the “business” and the “psychology” of the day. But man, it is a ton […]
The November elections weren’t the only topic of conversation at the Mid-America Economic Development Council (MAEDC) 2010 Competitiveness Conference in Chicago last month, but they continued to reverberate through many of the subjects discussed by a panel of site selection consultants.
It was no accident that Kevin Parker, global head of Deutsche Asset Management, delivered keynote remarks on climate change at the United Nations’ Investor Summit on Climate Risk and Energy Solutions in New York in January.
It didn’t take long for the Bioscience Connecticut initiative to bear fruit.
Features
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 […]
Read MoreDespite the recent stagnant performance of regional malls and the growth of e-commerce, major real estate investors are acquiring retail assets.
Cancel the pity party. ConAgra’s move may be a blow to Omaha, but it is far from a crippling one.
Distiller says a new plant in Polk County is anything but on the rocks.
If asked where the most distinctive art in Texas is to be found, some might point to Marfa.
Features
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 […]
Read MoreMore than half of the world’s known reserves of lithium are located in three countries. Argentina, Bolivia and Chile have the potential of living a modern-day manufacturing miracle if they take the right steps and harness their lithium potential.
From Site Selection magazine, February 1996 Global Facilities 1995 | Site Selection Online ©1996 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
Business builders share tips from heartland harbors of tech growth.
Talecris Biotherapeutics, which nearly merged with Australian vaccine maker CSL last year, is moving forward with its huge manufacturing expansion near Clayton, N.C.,
Features
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 […]
Read MoreHow Wyoming pulled off an impressive reversal in a key industry.
Ready to celebrate that climbing FDI number? Don’t put on your party hat just yet.
The U.S. Midwest is neither the unemployment capital of the U.S. any longer nor a manufacturing wasteland littered with shells of businesses that moved to China. Many certainly did move operations there, but that’s changing.
What Intel’s massive investment in Ohio means for the Midwest and beyond.
Features
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 […]
Read MoreAfter 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.
Gov. Scott Walker has undoubtedly brought considerable national attention to Wisconsin during his first few months as governor.
ean Smith became a legend in North Carolina by guiding his Tar Heel basketball teams to unprecedented greatness. In the world of college hoops, Smith’s program was considered a dynasty. It’s not too early to start using the “D-word” when talking about an unprecedented string of victories racked up by another North Carolina program. Statesville […]
The Tar Heel State’s economic outlook keeps improving, and its corporate tax rate keeps falling.
If you’ve just launched the nation's first specialized, bundled insurance program for commercial-scale solar installations, it only makes sense to try it out yourself first.
Features
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 […]
Read MoreMore new or expanding operations in Oklahoma include an aerospace company, a glass manufacturer and a wind farm.
The newest multinational among many to find the Aegean Free Trade Zone in Izmir, Turkey, is Cummins Inc.
Joseph Parilla and Alan Berube at The Brookings Institution’s Metropolitan Policy Program recently marked the anniversary with the debut of their “New North American Trade Map” concept and their report “Metro North America: Cities and Metros as Hubs of Advanced Industries and Integrated Goods Trade.”
Features
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 […]
Read Moretility economic development departments from 21 U.S. states and a Canadian province replied to this year’s Utility Survey in order to be considered for Site Selection’s sixth annual Top Utilities ranking. Based on 2003 project results from their territories drawn from Conway Data’s New Plant Database, the rankings examined four distinct criteria: total capital investment, […]
A stute architects today bring more to the table than a set of drawings. Corporate and industrial real estate owners are asking — and more often than not expecting — design professionals to add value to the project team, new value measured in terms of staffing and strategy, savings and speed. […]
Putting Industry into Motion on the East Coast
The following pages highlight recent corporate facility projects, new laws and incentives policies, wages, employment, demographics and cost-of-doing-business facts in one easy-to-digest compendium.
Features
From Site Selection magazine, March 2002 GLOBAL LOCATION ACTIVITY 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 Canada, Far East Lead Top Global Projects in 2001 […]
Read MoreOne way to virtually ensure superior service from companies charged with solving business problems — service providers — is to stress your shop’s high-growth company characteristics. (That’s not a stretch for most high-tech and telecom companies.) Why? Because service providers are bending over backwards to retain the business of such players in the hope they’re […]
New Partnership To Supply Benchmarking Data The CB Richard Ellis Call Center Solutions Group (www.cbre.com), Phoenix, has formed a partnership with Dr. John Anton, an e-business expert at the Purdue University Center for Customer-Driven Quality and BenchmarkPortal, Inc., a call center benchmarking firm (www.BenchmarkPortal.com). “As our two groups join forces, we will analyze and evaluate […]
The U.S. Southeast, Midwest and Southwest are about to see even more capital investment than these booming regions are used to.
State with the nation’s best business climate outperforms even during a pandemic.
O ut of the old. Into the new. Despite rising vacancy rates in the industrial property sector – from 8.3 percent in 2001 to more than 10 percent at the end of 2002 – corporations are bypassing existing space and ordering new built-to-suit warehouses. At First Industrial […]
Features
L ocation searches frequently focus on the larger metropolitan areas, and for good reason. Data sources are more readily available for these locations, and they represent the largest labor markets, airports, developed properties and other resources. However, there is a whole other layer of locations the small towns — that represent communities with populations of […]
Read MoreGreater Phoenix takes the lead in the growing Internet of Things industry.
When it comes to economic growth, collaboration puts Illinois over the top.
As part of the bicentennial celebration underway this year in the nation's 21st state, we take a look at seven companies with a major presence in the Land of Lincoln.
Thanks to an $850 million partnership between the Australian government and Norway-based Kongsberg Defence, a new long-range missile manufacturing facility is coming to the Newcastle Airport precinct by 2027.
What containerized cargo throughput in this region portends for 2017.
Features
W hen the Intel Corp. started searching two years ago for a place to build a new wafer fabrication plant for manufacturing semiconductor chips, the world’s largest chip-maker found exactly what it needed in Chandler, Ariz. When WorldCom needed to expand its international telecommunications empire in December 2001, it announced a […]
Read MoreFrom biomedical R&D to rocket science, this isn’t your parents’ Midwest.
Lithium ion rules energy storage platforms for electric vehicles, while auto manufacturers play kingmaker to the companies that produce battery packs. Without major EV contracts, however, many battery companies struggle to commercialize outside of government-funded research and demonstration programs.
The next era of achievement begins now in Kentucky.
From Site Selection magazine, February 1993 SIC Comparisons for New Facilities 1992 Continue to next page | Site Selection Online ©1993 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
Features
D uring the closing months of 2001, activity in the real estate sale-leaseback market surged as more and more corporations sought to raise cash in a declining economic environment. W. P. Carey & Co., LLC, completed US$185 million worth of transactions in the fourth quarter of 2001, nearly half of the […]
Read MoreCreeping inflation and looming trade wars are pushing America steadily toward another recession.
With $3.3 billion in tow, Microsoft has plans to deliver a state-of-the-art data center campus in Mount Pleasant, Wisconsin. In late 2023, it was announced that Microsoft would be acquiring two facilities previously owned by Taiwan-based electronics company Foxconn, which failed to deliver its $10 billion commitment.
Trying to describe the Kentucky business climate is like trying to define the legacy of Kentucky Wildcats basketball. Sometimes it’s easier to look at the reaction of the fan base.
1999: A Very Good Year for Business Expansion in Canada b y T I M V E N A B L E Did you know that Ontario’s Niagara region is a leading producer of fine wines? It is. And while we at Site Selection don’t know whether 1999 was a particularly good year […]
“I take umbrage at the judge’s thoughts,” says one top state official.
Features
O ver the past decade, build-to-suit (BTS) commercial real estate has proven to companies that expansion or relocation requirements can be better filled by going beyond finding available market vacancies. Whether the company’s main consideration is to have its name on a cornerstone or to move into a commercial or office facility that’s individually tailored […]
Read MoreWhat 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.
Editor’s note: This feature is a follow-up report on “Europe’s 1999 Facility Race,” which appeared in the July 2000 Site Selection. This article goes beyond the ranking and looks at which industries are hot and which are not in the top European markets. To be or not to be — in the European Monetary Union […]
Fisker Automotive is in bankruptcy. Coda's story has reached its own bankruptcy coda. And Better Place's vision for an electric car network has gone to a better place.
"My administration has made it a priority to transform our state's previously hostile business climate," New Jersey Gov. Chris Christie tells Site Selection.
Features
C ompanies whose business is not producing, but rather using, energy have discovered the havoc which volatile energy costs can play upon one’s financial statements. Perhaps with the possible exception of labor costs, few other elements of variable corporate expenses have been paid such attention as energy recently. This has been […]
Read MoreDubai in general, and DMCC in particular, seem to be the right places at the right time.
Hydro-Québec’s clean hydropower and plans to grow its influence on both sides of the border hold vast potential for economic development in all of Atlantica, and New England in particular.
Swiss textile machine manufacturers pick China sites; a Swiss coffee concern finds a location closer to home for a 400-job production facility
The U.S. Department of Transportation announced in August the availability of approximately $13.4 million in competitive grant funds...
Features
M oney talks, or so they say. So the US$315 million and 18 investments Portugal attracted in a one-month time frame (July 2001) certainly speak volumes about the country’s appeal as a business location. The fact that these investments came from major U.S., European and Asian companies only reinforces the idea that Portugal is a […]
Read MoreJANUARY 2008 To Green or Not to Green (cover) Meet a Member Learning What Counts Request Information
Washington University in St. Louis supports life sciences, innovation.
A flurry of new projects in Trinidad and Tobago brings jobs, and validation.
Winston-Salem blends its tobacco past with a biotech future. After an 18-month, US$100-million makeover, two former R.J. Reynolds tobacco warehouses in downtown Winston-Salem re-opened in February 2012 as a 242,000-sq.-ft. (22,482-sq.-m.) state-of-the art biotech center that houses medical research departments affiliated with Wake Forest Baptist Medical Center and an incubator for fledgling biotech firms.
Features
Abstracts of major presentations of the International Development Research Council, the world’s pre-eminent corporate real estate association. “Disposition Strategies for Surplus Property in the Economic Downturn,” Texas World Congress, Oct. 23, 2001: “What every corporate real estate department needs to realize in this economic downturn is that every asset has a […]
Read MoreNorthridge, Calif.–based Pharmavite, maker of Nature Made vitamins and Soyjoy bars, produces more than 120 different kinds of supplements and fills more than 120 million bottles with 15 billion tablets, capsules, and softgels per year.
he political climate for state business incentive programs is changing rapidly, in large part due to the Charlotte Cuno et al. v. DaimlerChrysler et al. court case. Cuno involves two Ohio business incentives: the Corporate Franchise Investment Tax Credit (ITC) and the Personal Property Tax Exemption. In Cuno, the court determined that […]
Meta, the social technology company that operates Facebook, broke ground on an $800-million data center in Mesa, Arizona.
Battery manufacturer EnerSys has plans to invest $500 million at Augusta Grove Business Park located in Greenville, South Carolina.
