Recently added articles from Area Development Site and Facility Planning:
Economic Brinkmanship
Jan 01, 2008; Gambale, Geraldine ... You need to be an economic wizard to figure out where the U.S. economy is heading. How can some economists argue that the nation is on the brink of a recession when, according to the Commerce Department, the U.S. GDP grew nearly 4 percent in the third quarter - the strongest gain since the first ...
Environmental Due Diligence: Timing is Everything
Jan 01, 2008; Brennan, John ... AS A MANAGER OR PROFESSIONAL in charge of site selection, you are no doubt aware of the necessary environmental due diligence steps that must be taken prior to purchasing a new property. However, it might be of interest for you to consider the proper amount of time that should be allotted to ...
Recent Quotes
Jan 01, 2008; Anonymous ... "Hiring America's military veterans is a smart business decision ...Military knowledge, training, and real-world expellrience positively affect [the] bottom line." Chris Hale, general manager of G.I. Jobs, published by Victory Media - a veteran-owned business headquartered in Pittsburgh, ...
Increased Pace of Brownfield Redevelopment
Jan 01, 2008; Anonymous ... MORE THAN 50 PERCENT of environmental and government professionals involved in brownfield projects are seeing an increase in the pace of redevelopment activity, according to a survey conducted by Environmental Data Resources, Inc. (EDR). Another 47 percent view brownfield activity as stable. The ...
U.S. Economic Growth Bolstered by Research and Development
Jan 01, 2008; Anonymous ... THE BUREAU OF ECONOMIC Analysis (BEA) and the National Science Foundation (NSF) recently partnered to produce estimates of how spending on research and development (R&D) affects the nation's gross domestic product (GDP). According to their estimates, GDP would have been nearly 3 percent ...
U.S. Firms Face Fewer Lawsuits
Jan 01, 2008; Anonymous ... ALTHOUGH U.S. companies enjoyed an overall drop in the number of lawsuits filed against them in the past year, 83 percent of U.S. firms were, in fact, hit with at least one new lawsuit in 2006-2007. According to the law firm Fulbright & Jaworski's fourth survey of litigation trends ...
Growth Up, But Confidence Down
Jan 01, 2008; Anonymous ... DESPITE HOUSING and credit woes, the U.S. economy grew a better-than-expected 3.9 percent in the third quarter of this year, said the Commerce Department on October 31. This is the strongest expansion since the first quarter of 2006. Interestingly, consumer spending also rebounded to a 3 ...
"Dream It. Do It." Takes Hold in More Regions
Jan 01, 2008; Anonymous ... THE STATE OF VIRGINIA is now the eleventh area in the country to participate in the "Dream It. Do It." campaign, developed by the National Association of Manufacturers (NAM) and its research, education, and work force arm, The Manufacturing Institute. The campaign is designed to build strong ...
Sustainable Development Is Becoming a Corporate Imperative
Jan 01, 2008; Anonymous ... BUILDING AND MAINTAINING "green" facilities may require extra time and effort, but companies are prepared to overcome these challenges and employ sustainable practices. This is according to a recent international survey conducted by CoreNet Global and Jones Lang LaSalle, a leading real estate ...
Innovators Spend More on R&D
Jan 01, 2008; Anonymous ... BOOZ ALLEN Hamilton has reported that most innovative companies doubled their R&D investment from 2005 to 2006. In fact, for the first time in four years, the pace of R&D spending caught up with the rate of sales growth. Those companies among the Global Innovation 1000 ...
Tax Climate Rankings
Jan 01, 2008; Anonymous ... IN EARLY OCTOBER, the Tax Foundation released its 2008 "State Business Tax Climate Index" as a tool for lawmakers, the media, and individuals to gauge how their states' tax systems compare, taking into account corporate, individual, sales, unemployment, and property taxes. States with ...
Indiana Seals Plastics Deal
Jan 01, 2008; Anonymous ... BERRY PLASTICS WILL BUILD its global headquarters in Evansville, Indiana, consolidating its operations and creating 250 new jobs at an investment of $20 million. Berry currently employs more than 1,200 workers in Evansville and 12,600 worldwide at 55 manufacturing facilities, ...
P&G Selects Utah for Product Plant
Jan 01, 2008; Anonymous ... PROCTER & GAMBLE FAMILY CARE will construct a new plant in Box Elder County, Utah, in a $300 million investment that is expected to create an initial 300 new jobs. According to company officials, the new facility will produce Bounty paper towels and Charmin bathroom tissue, and will include ...
New Pharma Plant Opens in Puerto Rico
Jan 01, 2008; Anonymous ... OPERATIONS ARE UNDERWAY at Eli Lilly's new pharmaceutical manufacturing facility in Guayama, Puerto Rico. According to the Puerto Rico governor's office, the company's subsidiary Lilly del Caribe will run the 230,000square-foot plant, which will produce the ...
Cabinetry Co. Builds in South Dakota
Jan 01, 2008; Anonymous ... CUSTOM CABINET MAKER Woodland Cabinetry is expanding its South Dakota manufacturing operation with a 50,000-square-foot addition to its facility in Sisseton, according to South Dakota economic development officials. More than 100 new jobs are ...
Germany, Costa Rica Make Car Parts Deal
Jan 01, 2008; Anonymous ... CONTINENTAL AG, a Germany-based manufacturer of auto components and tires, will open a new electronic car parts facility in Costa Rica. According to officials from the country's economic development agency, Continental AG will invest approximately US$61 (approximately 317,200 million colones) in ...
China's IT Industry Gaining on India
Jan 01, 2008; Anonymous ... INDIA MAY HAVE COMPETITION from China as a global outsourcing destination for IT services. A report from India's National Association of Software and Services Companies (NASSCOM) says that India will need to make a concerted effort to improve its education and infrastructure during the next ...
Finance Firm Grows in Maryland
Jan 01, 2008; Anonymous ... GLOBAL INVESTMENT MANAGEMENT firm T. Rowe Price Group, Inc. will expand its existing Owings Mills, Maryland, facility with a two new buildings that will provide approximately 400,000 square feet of office space, plus two parking garages. The company expects to create more than 1,400 new ...
Kentucky Promotes Energy Independence
Jan 01, 2008; Anonymous ... ALLTECH HAS has announced plans to construct a 10-million gallon, self-sustaining biorefinery in Washington County, Ky. The $40 million project, which is the first of its kind to be awarded incentives under Kentucky's new Incentives for Energy Independence Act (D3IA), has the potential to create ...
Storing CO2 Underground
Jan 01, 2008; Anonymous ... ARIZONA'S THREE largest electric utilities - Arizona Public Service, Salt River Project, and Tucson Electric Power - have joined a coalition to test the viability of storing carbon dioxide (CO2) underground as a way to manage greenhouse gas emissions. The companies are participating in ...