Q1 2005 | Trade and Industry Development

Q1 2005

Trade & Industry Development Magazine

You’ll read in our automotive “Feature” about one of the fastest growing trends in site location being the demand for certified industrial sites. Companies want sites that are ready-to-go and relatively risk free.  With the megasites certification program, TVA has made it possible for sites with the necessary attributes in place and the due diligence completed to receive advanced certification.
 
Another mega industry is the aerospace sector.  After taking a hit in the months after 9/11, the aerospace market has recently experienced strong growth, due in part to defense related spending.  Our aerospace “Feature” article showcases the dynamics at play in this market pertaining to strategic location management.
 
The state “Spotlights” (New Jersey, Arkansas, Louisiana and Kansas) give you their perspective regarding the impact these industries have on their respective economies and present strong cases for locating your next facility in their area.
 
In addition, you’ll enjoy reading our Industry Outlooks, provided by AIA and OESA.  These outlooks provide unique perspectives on the economic status for the particular markets.

In this issue

Tier 1/Tier 2 Automotive Supplier

BY: Ed McCallum

As stated previously, the automotive suppliers are under intense pressure from vehicle manufacturers to reduce cost. This is probably the most compelling catalyst for change in the industry which affects location. For some suppliers it is imperative that the company locate in close proximity to the OEM in order to meet just-in-time delivery demands. For others, where JIT requirements are not nearly as stringent, it is to their advantage to locate as far away from the assembler as possible in order to mitigate upward wage pressures. more....