With 50 states and nearly 400 metro areas, the United States offers manufacturing companies a wealth of location options. Each location has a unique mix of factors that may appeal to specific firms, including tax incentives, workforce training programs, lower utility costs and proximity to rail.
Here is a checklist of key factors manufacturers should consider before making a location decision:
In short, deciding where to locate a manufacturing operation in the U.S. is a complex decision involving a multitude of considerations. Companies can minimize risks and reap rewards by carefully analyzing these factors in their decision-making process. A qualified site selection consultant can help companies objectively consider these factors, and others, to ensure the optimal location that achieves both operating environment goals and maximum benefits.
Michelle Comerford is the Industrial & Supply Chain Practice Leader at Biggins Lacy Shapiro & Co., one of the largest, most highly regarded site selection and incentives advisory firms in North America. BLS & Co. helps manage the complexities associated with finding optimal location and securing incentives to support new ventures. Michelle has recently been published in fDi Magazine, Inbound Logistics, Trade & Industry Development, Supply & Demand Chain Executive, among others.