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N EW YORK — Sweden defended its ranking this year as the world’s dominant information economy, according to the 2001 International Data Corp. (IDC)/World Times Information Society Index (ISI).         For the second straight year, the ISI ranked Sweden No. 1 in the ability to access and absorb information and information technology. […]

N aysayers predicted havoc when the British handed over Hong Kong to Mainland China in 1997. But instead of Red Chinese soldiers charging in to take control, the floodgates opened the other direction. Hong Kong capitalists living in this landlocked economic powerhouse began pouring large sums of money into South China.         […]

Fast Track Project Management WorkPlaceUSA (www.workplace-usa.com), a Dallas-based provider of project management and other real estate services, is using an Internet-based project management system from Citadon (www.citadon.com), San Francisco, to facilitate the simultaneous creation of 13 network information centers for WorldCom. The $900 million effort involves building 12 centers totaling 1.3 million sq. ft. (120,700 […]

C hina — perhaps the world’s next great economic superpower — left little doubt that it is ready to dominate Site Selection’s annual international rankings of new and expanded corporate facilities.         Of the top 20 global facilities for 2000 in terms of capital investment, China placed two in the top 11, […]

S outh Australia plans to introduce itself to the world as an “Information Economy” success story, and it has just under a year in which to put the necessary pieces in place. Adelaide, the Australian state’s capital city, will be the site of the 2002 WITSA World Congress, a biennial conference of the World Information […]

A bstracts of major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Digital Darwinism: Strategies for Evolving, Adapting, Surviving and Thriving in an e-Business World,” Florida World Congress, Nov. 6, 2000:         The companies that evolve the quickest and adapt to the new e-business landscape […]

R epresentatives of 10 corporate real estate service provider companies left the International Development Research Council’s Florida World Congress in November with at least one item with which they did not arrive in Orlando. These people accepted the 2000 Site Selection/William Dorsey Service Provider Award on behalf of their organizations. This awards program, now in […]

Abstracts of major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Impact on the Workplace and Location: CREM Implications of the Wire-Free Economy,” Copenhagen-Malmo World Congress, Sept. 12, 2000: There’s another major technology race shaping up, much like the race for outer space in the second half of […]

Abstracts of recent major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Using Web-Based Technologies to Manage the Corporate Infrastructure,” New York World Congress, May 2, 2000: Peregrine Systems’ Nancy Johnson Sanquist told this jam-packed workshop session, “Infrastructure management is the mortar that connects the clicks with the […]

It?s official, already: The glow is back on the Golden State?s business climate. That?s the scoop from the top of Site Selection?s business climate rankings for 2000. California this year moved all the way up to No. 1 from 1999?s No. 5 finish. The Golden State ranks as a perennial business location powerhouse, of course, […]

A good man is hard to find, especially in a market where unemployment rates have dropped nearly a full percentage point from last year and continue to drop by approximately one-tenth a month. For this reason, many site seekers are looking away from Europe’s usual suspects for more abundant labor pools. Although the European labor […]

When Chicago-based Navistar International Corp. needed to expand its new truck assembly operations in 1998, the company selected Monterrey suburb Escobedo in Nuevo Leon, Mexico, for the same reasons that have catapulted the Mexican economy to the forefront of Latin America. Factors like a strong work ethic, an abundant supply of highly skilled manufacturing employees, […]

Oracle sees blazing changes on Europe’s horizon: “Combine globalization’s thrust, the e-commerce surge and the Euro’s emergence, and you’ll see e-commerce blow through Europe like a whirlwind. The single currency has amplified the velocity of change, broadening and flattening the playing field. E-commerce is impacting our own European operations in a big way, and it’s […]

Plenty of brainpower is being applied to the merits of electric utility industry deregulation, or restructuring to be more accurate. But the jury is still out in most US states that have deregulation plans in place as to whether the effort was worth it to consumers of electricity. After all, the airline industry — certainly […]

Abstracts of major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Global Corporate Real Estate Practices,” IDRC New York World Congress Workshop, May 1, 2000: This session reviewed the Annual Survey of Corporate Real Estate Practices, conducted each year by Johnson Controls in conjunction with IDRC. Among most […]

Abstracts of recent major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate (CCE) association. “Transforming the Workplace through Value-Based Management,” IDRC Tennessee World Congress Opening General Session, Oct. 18, 1999: Successful value-based CRE management requires understanding corporate goals and how CRE can add value, said Stern Stewart & Co.’s […]

Newfoundland & Labrador’s call center industry, though small in comparison to larger provinces, is growing. In fact, it’s grown by 20 percent since January 1999. The Atlantic province’s cost-competitive operating environment is one of the major lures attracting that growth, but another is equally important: labor. Newfoundland & Labrador’s per-capita labor pool, for instance, is […]

Frankly, most companies would die for problems like Capital One Financial’s (www.capital1.com): five straight years of 20 percent-plus earnings growth and a spot in Fortune‘s “100 Best Places to Work.” But Capital One’s blistering growth had burned a gaping hole in its corporate real estate (CRE) strategy. Like some steroid-fueled bullfrog, the Signet Bank spin-off […]

Polled corporate executives pinpoint today’s top 10 U.S. labor markets Today’s drum-tight U.S. labor evokes James Marshall’s 1848 wisdom. Building a sawmill near Coloma, Calif, Marshall spied glittering flecks. He dipped his hand into the icy American River and then roared, “By God, boys, I believe I’ve found a gold mine!” The California Gold Rush […]

An increasing number of companies are turning to the concept of “shared services” to lower operating expenses and gain competitive advantage. Briefly defined, shared services consolidates accounting, human resources (HR), real estate and other transactional operations to reduce costs and increase customer satisfaction. As a management technique, shared services falls into the process-oriented family of […]

The United Kingdom attracted more new and expanded corporate facilities in 1999 than any other European country. France took the runner-up position, while Germany ranked third. Those results are essentially a photocopy of 1998’s facilities race, in which the same three countries took the top three spots, based on Ernst & Young’s European Investment Monitor […]

America Online, Prince William County, Va.: The online king of clicks that swallowed Time-Warner searched nationwide before siting this $520 million, 200-employee technology center in this Northern Virginia county, which also bagged Covad Communications’ 1,000-employee technical center. Ameritrade, Fort Worth, Texas: Also part of the clicks-to-bricks brigade, Ameritrade will meet burgeoning online demand with this […]

Selected from the many nominations received for this year’s Site Selection list of top development groups, here are profiles of 10 other worthy organizations from 1999: Baldwin County Economic Development Alliance, Robertsdale, Ala.: Instrumental in attracting more than 1,000 new jobs and US$37 million in capital investments to its service area of 132,000. Major investments […]

Let’s face it. It’s often tough to pick the best new-facility location from today’s dizzying array of options. To do it right, you need all the help you can get. According to a recent Site Selection survey of more than 3,000 economic development organizations around the globe, that help is on the way. From enhanced […]