Top Location Deals
- Topics:
- Site Selection
- Source:
- bizsites.com
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Overview: The article asserts that business news in 2000 included the mergers mixed with a hefty dose of dot.com crashes and a tightening of corporate budgets. There were also big location deals. The size of a location deal can be measured by looking at three things: capital investment, how many people are hired upon completion and the square footage. This report looks at all three. The reasons companies gave for expanding their multimillion—sometimes billion—dollar projects are the same ones companies usually give. Companies need a good, trainable, dependable work force—even if that work force has never been exposed to the company’s product. Most large deals were manufacturing plants. Automobiles, engines, semiconductors, tires, transmissions, paper, fiber optics, pharmaceuticals, steel—all were represented among 138 projects announced last year with a capital investment of more than $100 million. But locations are going to need the infrastructure to support new companies. If a location outside the United States does not have guaranteed utilities, it might not get the project. Neither will otherwise good locations in the United States.
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Format: HTML | Date: Apr 2001 | Pages: 1
