According to NAM, U.S. manufacturing accounts for nearly two-thirds of industrial research and development, three-fourths of U.S. exports, and supports more that 20 million high paying jobs. Yet with all this success, distinct challenges face manufacturers in the U.S, including rising production costs and foreign competition. In this issue we explore the intricate balance of growth, site selection and expansion for North American manufacturers, and the resources and options available.
The “Feature” articles provide an excellent overview of the what, where and how with regard to site selection, as well as strategies necessary for a successful site location.
Included in this issue is a report on Foreign-Trade Zones, and the benefits available for manufacturers operating in FTZs. Accompanying this article is an insert detailing the location of the functioning FTZs in the U.S.
For even more information, look to the area“Spotlights” (Tennessee, New Mexico, Arkansas and Kansas) showcasing additional initiatives designed to strengthen your business.
When Bob Dylan so prominently chimed in song, “Times, they are a changing,” he probably wasn’t referring to the economic development activities of Santa Maria Valley, California. However if the leaders of this progressive region could select a song to serve as their mantra, this might very well be the one. more....