 |
|
 | | |
 | | |
| | The process of site selection has always been complex. In the past, companies looked for a good building site in close proximity to suppliers and transportation routes, a suitable workforce and educational resources that helped them fill positions, a location that came with local and state incentives and quality of life factors that made for happy employees. While all these things are still necessary components, new parts have been added to the site selection clockworks in recent years, and in this issue, we discuss these new factors. Read more...
|  |
| |
|
|
| | Featured Location | |
| | |
 |
Enterprise Florida (EFI) has recently announced the evolution of their global brand, “Florida – The Future is Here.” In the highly competitive environment of economic development, the new “Break Through” campaign showcases the tremendous amount of success businesses can have in Florida. ....Read more |
|
|
| | Featured Articles | |
| | The Semiconductor Crisis: An Economic Achilles’ Heel | |
|
| |  | Businesses and consumers are feeling the effects of the chip shortage, and neither can find the resources needed to thrive in our “new normal.” The global semiconductor shortage has cost businesses billions in revenue and the end is nowhere in sight. Overseas shipping ports continue to experience shutdowns. This has created a “perfect storm” for a chip crisis. Read more... | |
| | |
| | Biotech Companies Are Preparing for the Manufacturing Future | |
|
| | Biopharmaceuticals are one of the world’s growth powerhouses. In 2020, the global biopharmaceuticals market was worth $325 billion, and it is expected to grow with a compound annual growth rate of between seven and eight percent. Companies are tasking their manufacturing and supply chain leaders to prepare their sourcing, manufacturing and distribution operations for the future. Read more... |  | |
| | |
| | The U.S. Foreign-Trade Zones Program Helps U.S. Industry Compete | |
|
| |  | For years, the use of the U.S. FTZ program by manufacturing and production operations has steadily grown thanks to the array of benefits it offers. As supply chains have become more global, and as global and regional trade agreements have changed the tariff structures within which U.S.-based manufacturers operate, the FTZ program has become of strategic importance. Read more... | |
| | |
| | Access to Markets Via the Nation’s Ports and Depots | |
|
| | In 2020, the U.S. imported goods valued at about 2.8 trillion from its international trading partners and exported $2.1 trillion. Trillions more in domestic products were shipped inside U.S. borders. These goods flowed through American sea and river ports, road or rail, depots, and airports. Ports are critical to the economic health of the country Read more... |  | |
| | |
