PRINCETON, NJ—The best U.S. cities for new electric vehicle factories are Charleston, SC; Chattanooga, TN; and Minden, NV, according to a recent study conducted by the Boyd Co.
Remember Super Bowl XLIV between the New Orleans Saints and Indianapolis Colts? With the Saints trailing 10-6 at halftime, Saints coach Sean Payton made one of the gutsiest gambles in NFL history, calling for an onside kick to start the second half.
Manufacturing in America is more robust than you might think. Many metro areas across the country have growing manufacturing sectors that employ workers in good jobs and enable them to save for the future.
LANSING, MI—Michigan moved up 21 spots on a list of the most pro-business states, and was named the most improved state for 2014. Michigan moved up to 18, from 39, in an annual ranking of states produced by the American Economic Development Institute and Pollina Corporate Real Estate Inc.
CHARLESTON, SC— From January 2010 to December 2011, the Charleston region experienced the largest growth in manufacturing jobs of any U.S. metropolitan area at 14.4 percent.
Earlier this year, heavy equipment manufacturer Caterpillar Inc. chose Athens, GA, as the site for a new factory to assemble small tractors and excavators. The company will be reshoring some 1,400 jobs to the new facility from an existing plant in Japan.
NEW YORK—Consideration of cost components such as labor, taxes, real estate and utilities are the key measures most companies use to decide where to locate assembly plants. However, non-cost factors are often the decisive factor.
