Companies seeking to open or relocate industrial and distribution facilities would be remiss if they didn't have Cincinnati on their short list of destinations.
That's according to site-selection expert Brad Migdal, who said Cincinnati's central geographic location and access to major shipping routes and highways give it an advantage many other similar-sized cities don't have. More »
Central America is working hard to present itself as a good alternative to Asian manufacturing, Sourcing Journal reported Monday, based on a panel discussion in New York City.
The region’s greatest advantages are flexibility for rules of origin, proximity to the U.S., quicker reaction and production time and competitive labor costs. While political stability is of concern, potential changes to U.S. trade policy caused greater apprehension. More »
Mexico continues reeling in foreign direct investment by automakers and suppliers. The capital movement is leading to higher vehicle production, more exports and a rising income level that – in turn – is fueling a double-digit growth of domestic car and trucks sales. More »
Politicians like to talk about small businesses being the lifeblood of the American economy. But the truth is that it’s not small businesses but young businesses that are creating the most jobs. More »
Gone are the days when Canada’s tech firms were located in old manufacturing buildings on the outskirts of town.
As technology firms grow and their needs become more sophisticated, they are looking to take over prime office space in the downtown core of big cities such as Toronto, Vancouver and Montreal. Good access to local transport and open, flexible and communal floor-plans are top of their list to attract the best talent. More »
Demand for distribution centers in close proximity to shoppers is growing as e-commerce continues to fuel consumers' need for immediacy and convenience. Retailers and e-commerce providers are nearing their final destination as they push to set up shop closer to customers. More »
Two Norwegian companies are taking the lead in the race to build the world’s first crewless, autonomously operated ship, an advance that could mark a turning point in seaborne trade. More »
For small cities that want to build a thriving tech hub, the first step is getting more startups to set up shop. But the second, sometimes trickier step is getting Millennials to come to town to work for said startups. More »
Just two years ago, Microsoft cast its Wilsonville factory as the harbinger of a new era in American technology manufacturing.
The tech giant stamped, "Manufactured in Portland, OR, USA" on each Surface Hub it made there. It invited The New York Times and Fast Company magazine to tour the plant in 2015, then hired more than 100 people to make the enormous, $22,000 touch-screen computer. More »
In southeastern Connecticut, where global military strategy is local, the construction of two submarines a year has been an elusive prize for years when just one submarine was built annually. A third is now being designed as production is planned for the new Columbia class. More »
Erwin, Tenn., was struggling. Then its mayor did something many public officials usually don't: She listened to young people. More »
In this Q&A, Paul Browning, CEO of Mitsubishi Hitachi, explains how and why the company uses additive technologies to create better products that improve outcomes for its customers. More »
In May 2017, the Trump administration gave Congress official notice that it plans to renegotiate NAFTA. Find out the impacts that renegotiations might have on U.S. logistics and industrial real estate through the expertise of Dr. Walter Kemmsies. More »
Washington leads the league in America’s Top States for Business ranking in 2017. The economy grew 3.7% in 2016, nearly two and a half times the national rate. The state boasts the nation’s largest concentration of STEM (science, technology, engineering and math) workers, and follows California in the most patents filed last year. More »
A new tool helps companies calculate whether to offshore, manufacture locally, or dual source. More »
You can’t rush into an OEM partnership. And while cost is a huge consideration — you can manufacture anywhere from 30 to 80 percent less in China — it most definitely shouldn’t be the determining factor. More »
The notice roiled many in Silicon Valley, who were looking forward to this rule as a way to make it easier for entrepreneurs to come to the U.S. — especially when countries like Canada are luring talented foreigners to their borders with more welcoming visa laws. More »
Faraday Future, the electric-vehicle startup backed by LeEco founder Jia Yueting, halted plans to build a $1 billion factory in Nevada as the troubled tycoon fights for the survival of his Chinese car business. More »
As the world looks ahead to a future of interconnected, self-driving cars, this college town 40 miles west of Detroit has emerged as a one-of-a-kind, living laboratory for the technologies that will pave the way. More »
During his latter years in office as Texas governor, Rick Perry made it a priority to lure businesses to the state, particularly from California. Two-and-a-half years into the term of Gov. Greg Abbott, the successor to Perry, the pace of corporate relocations to the Lone Star State shows no signs of slowing down. More »
