November/December 2011 | Trade and Industry Development

November/December 2011

Trade & Industry Development Magazine

November/December 2011

Going forward, supply chain risk management will be increasingly studied and variables will be more carefully weighted in risk/reward equations. As Rich Thompson of Jones Lang LaSalle notes in his excellent article upon the subject, multinational companies will reduce risk by setting up operations and supply chains regionally, while still serving global markets. This will be as much for business continuity as it will be for maximizing profit. Larry Gigerich of Ginovus discusses what plastics manufacturers should seek in a location to maximize efficiency. And Dennis Donovan of WDG Consulting provides in-depth knowledge about what companies in the fabricated metals industry should seek when siting new facilities. We also have industry outlooks from the International Warehouse Logistics Association and the American Association of Port Authorities, and Jennifer Alten follows up with a detailed look at how ports are affecting local economies across the country. Linda Dobel explores strategic logistical locations across North America, and Fred Burkhardt of Geneva Analytics examines the impacts from the Panama Canal expansion in his excellent Insights article.

 

In this issue

The Florida Space Coast: Ready for Takeoff

BY: Juli Anne Patty

There is perhaps no better metaphor for business success than a space shuttle, against all odds, through only human determination, skill and perseverance, taking off to the stars. In Titusville, Florida, that image is not simply a metaphor. It’s been everyday scenery. Titusville is located on the west shore of Indian River Lagoon, directly across from the John F. Kennedy Space Center. It’s this location that’s earned the area the nickname “Space Coast.” Just as you might imagine, the area is flush with high tech companies working in the fields of aerospace, manufacturing and numerous other industries. With that exceptional industry base, the Space Coast Economic Development Commission (SEDC) is working to enhance the area’s economic offerings even further, supporting existing companies as well as providing a rich environment for incoming businesses. more....