Trade & Industry Development Magazine

March/April 2011
TID March/April 2011 - 2011 CiCi Awards


Welcome to our Sixth Annual Corporate Investment/Community Impact (CiCi) Awards! This is the issue of Trade & Industry Development that focuses on the projects and expansions across North America that made a difference. Projects that create jobs help support families, strengthen communities, shore up the real estate market and generate tax revenues in cities and counties all across the country.

There are thousands of statements about defining and obtaining success, and a myriad of books and seminars devoted exclusively to the subject. In whatever field or arena, though, (excluding perhaps archeology) success at its most basic level means moving forward - as opposed to losing ground or standing still. Whether this forward progress comes in gigantic leaps and bounds, or whether it's the result of hard-fought, inch-at-a-time victories, this still represents success. In this issue we're going to focus on 15 larger projects that were great leaps forward and 15 projects that, while perhaps not as large, nevertheless made a tremendous difference in moving a community forward.

We also have some excellent insight and advice from industry consultants that can provide valuable guidance in making your expansion plans successful. Paul Hampton and Rajeev Thakur, of Newmark Knight Frank, describe in detail how a community's efforts can be the real difference-maker in getting a project off of the drawing board. In their article on Footprint Optimization, John Sisson and DiDi Caldwell, of Global Location Strategies, offer excellent advice upon what considerations should be taken into account, and the methodology that should be employed, in optimizing facilities. And Jeannette Goldsmith, of McCallum-Sweeney Consulting, provides a wealth of insight into choosing the right location for your Corporate Headquarters. Richard Kadzis, from CoreNet Global, sheds light on some interesting new developments in the world of corporate real estate, and Marina Badoian-Kriticos, director of sustainability for IFMA, discusses the importance of sustainable facilities. And don't miss the excellent Insights article from John Rhodes, where he expands on a new trend found in reshoring.

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In this issue...

From bankers to bureaucrats, energy execs to manufacturers, the term “Footprint Optimization” is being uttered with increasing frequency in C-suites around the globe as organizations look to reduce facility costs, mitigate competitive pressures, achieve efficiency targets and leverage talent and labor concentrations. In its simplest terms, optimizing a corporate footprint refers to examining the quantity and geographic dispersion of an organization’s facilities, then adjusting their number and location to reduce duplication, inefficiency or overlap. By locating facilities more strategically to leverage labor or materials availability, enhance supply chain efficiencies, or streamline operations, organizations can achieve significant savings and competitive advantage. more...