As manufacturing becomes more high-tech and global, companies are looking to locate and expand in communities with well-connected networks of talent.
Transportation and infrastructure are becoming increasingly important components of the site selection process, whether for manufacturing, distribution or corporate headquarters. Transportation costs, energy costs and the ability to get people and product to places the quickest and the cheapest are major considerations in location investment decisions.
Some foreign direct investment projects top the week’s site selection and job creation announcements: In the Charlotte USA region, Denver Global Products Inc., a subsidiary of Chongqing RATO Power Co. Ltd., is building manufacturing, distribution and research facilities in Lincoln County. The company, a subsidiary of a Chinese-based manufacturer of thermo-power products and general-purpose engines for all-terrain [...]