28th Annual Survey of Corporate Executives: Availability of Skilled Labor New Top Priority

The results of our survey show a modest improvement in short-range new facility and expansion plans, as well as a realignment of site selection priorities with the availability of skilled labor being the number one concern, outranking highway accessibility and labor costs.
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10th Annual Survey of Site Selection Consultants: Economy on a More Continuous Growth Track

Area Development asked the consultants who work with corporate clients to tell us about their clients’ facilities plans and priorities in making a location decision. Nearly half of the respondents believe the economy will achieve a more continuous growth track this year but, how will that affect their clients’ facility decisions?
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Survey Commentary: Clients Poised to Move Forward

John Morris, SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield
Although policy uncertainty is delaying investment decisions, once projects are approved, companies are prepared to move forward.

Survey Commentary: Labor Costs No Longer Paramount

Don Moss, Vice President, Colliers International and Grant Miller, Vice President, Colliers International
The cost of labor can sometimes be replaced by increased automation, but employees with a higher skill level are still needed.

Survey Commentary: A Continued Cautious Approach

Larry Gigerich, Managing Director, Ginovus
Due to economic volatility, company decision-makers are continuing to wait as long as possible to invest capital and hire employees.

Survey Commentary: Project Timelines Compressed

Scott Kupperman Founder, Kupperman Location Solutions
Site location decision-making durations continue to compress, as reflected by those considering shovel-ready/pre-certified sites and building availability important factors.

Survey Commentary: No Mass Reshoring Trend

Josh Bays, Principal, Site Selection Group, LLC
Although rising offshore costs are causing companies to choose U.S. over foreign locations for new investment, this has yet to result in a mass reshoring trend.

Survey Commentary: Easy Customer Access Still Important

Dean J. Uminski, CEcD, Principal, State and Local Tax Practice, Crowe Horwath
Besides a highly skilled work force, companies want a transportation nexus the will allow them easy shipping access to their customers within one day’s drive.

Survey Commentary: Skilled Labor Tops the List

Gary Yates, Director of Site Selection, Jones Lang LaSalle
Regions that are aggressively investing in work force development are winning the competition for advanced manufacturing firms.

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