Skip to main content
#
 
rss feedemail usour twitterour facebook page pintrestlinkdin
Home
Economic Development News
Magazine
Conference & Expo List
Target Industry Directory 2018
Advertise With Us
About Us

Industry Featured Articles

Tuesday, May 27 2014
What does 2014 hold for our industry?

I have never been more bullish on the future of biotechnology because of the rapid pace of scientific discovery, strong investor interest and the entrepreneurial drive I see every day at emerging companies across the globe.

But the reality is that for our industry to realize its full promise, we need the right public policy environment. Key issues like reimbursement, FDA funding and flexibility, and strong IP protections will continue to play a critical role in the long-term success of healthcare biotechnology companies and their ability to bring new drugs to patients. Stable, forward-thinking policy is also necessary to support the emergence and growth of agriculture and industrial biotech companies.

These are the issues we work on every day at BIO. In recent years, the environment in Washington has been challenging. We have seen gridlock, partisanship, a government shutdown and sequestration. This meant playing strong defense and protecting our industry and the millions who depend on it for employment from harmful, shortsighted cuts to key programs. And we did that well.

But we also managed to put some good wins on the board, including efforts that have helped to reform the FDA, a major victory in the Affordable Care Act with regard to 12 years of data exclusivity for innovative biologics; long-term reauthorization of the SBIR program; reauthorization of a five-year Farm Bill, with mandatory funding for energy programs and recognition of renewable chemicals and energy crops; and passage and implementation of the JOBS Act. 

Posted by: Expansion Solutions Magazine AT 05:46 pm   |  Permalink   |  Email
Tuesday, May 27 2014

By Frank Spano and Susan Riffle

The number of food manufacturing establishments has steadily increased since 2009, with now over 30,000 establishments across the United States. Worldwide, this industry tops $4 trillion in sales annually, with approximately $1 trillion in sales in the United States. With a burgeoning worldwide population and continuous industry advancements, growth in food processing is expected to continue. 

Small-to-mid-sized processors account for two-thirds of this industry’s employment, and while the U.S. Bureau of Labor Statistics forecasts modest job growth in food processing through 2022, the industry is continuously growing and adapting to changing consumer tastes and by improved manufacturing efficiencies through automation. Due to these changes and increasing automation, food processors are finding the need to build new, updated facilities on greenfield sites. Below are major site considerations food processors should explore when locating on a greenfield site. Major considerations impacting site location are typically raw materials and market proximity. Food processors want to locate where they can quickly and cost- effectively source raw materials and transport finished product to the ultimate end-users. Furthermore, once the location is narrowed down, food processors evaluate specific sites based on numerous location factors. Perhaps the most impactful factors relate to the availability of water and wastewater systems. For most food manufacturers, water and wastewater have a large, direct impact on site selection.

Posted by: Expansion Solutions Magazine AT 05:43 pm   |  Permalink   |  Email
Tuesday, May 27 2014
By Dawn Baetsen
A dynamic global environment paves the road for prosperity in the automotive industry.  There are vast opportunities for growth but also risks for automakers and suppliers.  As the global economy improves, personal wealth grows and unemployment declines, the global demand for cars is on the rise.  Millions of new consumers are everywhere having a profound impact on where automobile sales are, the kind of vehicles produced, and where to produce them.  Consumers want to drive cars unique to their individual tastes and needs and the impact on the realigned automotive landscape is felt worldwide.

Demographics and new wealth are changing the automotive industry’s road to sustainability.  According to a 2014 survey of CEOs by PwC other factors transforming manufacturing will be tremendous technological advances, shifts in global economic power, resource scarcity, climate change and urbanization.  The industry is in pursuit of perfection at many levels.  While the recession forced automakers to reorganize for a sustainable balance of profits at lower levels of production and sales, expanding global markets and fierce competition challenge the industry to meet unique consumer demands and a myriad of country by country regulations.  Manufacturing must be efficient, flexible, interchangeable and digital while also having a highly responsive global supply chain.
Posted by: Expansion Solutions Magazine AT 05:32 pm   |  Permalink   |  Email
Tuesday, May 27 2014
By Alison Benton

Walt Disney reportedly said, “If the vision is clear, the decisions are easy.” Fallout from the recent recession knocked more than a few corporate visions to the ground, but the most resilient industries are dusting themselves off and recreating their visions for the future.

The healthcare industry has been busy reinventing itself, not only in response to the recent economy, because certainly their future vision is filled with sustained and increased business, where factors like aging baby boomers, sedentary adults and youth, and a smaller pool of workers to choose from will greatly affect the ability to provide quality care and therefore grow new facilities. Healthcare is not the only business experiencing staffing scarcity factors, as other employers are facing similar skilled worker shortages, but those non-health industries are not likely to have the same universal human and fiscal impact on every other company in the area. Successfully caring for an upsurge in the number of anticipated patients will be closely tied to achieving a balance of quality care and cost effectiveness, resulting in a more tightly monitored bottom-line and increased sensitivity to expansion costs.

Site selection, economic and workforce development priority issues intersect in the following three ways:  1) reasons to secure a qualified workforce for healthcare organizations; 2) healthcare is a significant economic development target; and 3) as a major site selection component worthy of careful consideration when non-health industries are contemplating a community presence.
Posted by: Expansion Solutions Magazine AT 05:27 pm   |  Permalink   |  Email
Tuesday, May 27 2014
By Kurt Nagle
Busy workers. Big ships. Cargo movement. Massive equipment. These are the hallmarks of a typical seaport. The energy that fuels this endless motion is, quite literally, a seaport’s lynchpin. New energy policies, projects and cargoes offer great opportunities to ports for revenue enhancement, business development and expansion.

Even though fossil fuels remain the largest source of energy products in use today, “alternative” energy products—both as a fuel and as a cargo—are the fastest growing. As the world looks to renewable energy sources and as western nations seek to establish energy independence from more volatile parts of the world, seaports are seizing opportunities to carve out niche business lines and lead by example, both in the power sources they choose and in the ways that they partner with and support alternative energy companies.
Posted by: Expansion Solutions Magazine AT 05:20 pm   |  Permalink   |  Email
Share this story
Twitter
Facebook
LinkedIn
Site Mailing List 

Expansion Solutions is a worldwide service of Cornett Publishing Co., Inc. ©2018, all rights reserved. 
Our content is from many sources and not warranted to be accurate or current. 
For general inquiries, email: info@ExpansionSolutionsMagazine.com