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 Feature Industry Articles 
Tuesday, November 20 2018
Profiling the Food and Beverage Industry: Trends In Baking And Snack Foods

By Frank Spano, Managing Director and Kyle Johnson, Location Consultant, The Austin Company

The food and beverage industry in the United States has shown positive signs of expansion over the past ten years. Forecasts and growth models indicate this expansion will continue into the future, though possibly at a slower rate. The following factors may assist in explaining this upward trend:

  1. Major plant upgrades at existing operations or replacement of older, outdated facilities. Continued plant upgrades and existing plant expansions may result in more automation and less job growth.
  2. New product innovation based on changing consumer demands.
  3. Continued market entry into the U.S. from smaller and medium-sized European and Asian operations, along with continued growth from established foreign-owned operations located in the U.S.

One notable portion of the food and beverage industry, the baking and snack food industry, shines as an important segment of the U.S. economy with nine percent growth from 2007 to 2017. The following discussion examines this industry over the past ten years and makes general conclusions on its projected growth.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:16 am   |  Permalink   |  Email
Tuesday, November 20 2018
3D Printing Finds a Custom Foothold in Manufacturing

From rocket thrusters to shoe soles, additive technologies expand their sights
By M. Mitchell Waldrop - Originally published in Knowable Magazine

Since May 2015, in a portion of its WorldPort distribution center in Louisville, Kentucky, United Parcel Service has been operating a spare parts warehouse with no spare parts. Instead, the facility is stocked with ultrafast 3D printers that can build up almost any plastic part that’s required, layer by layer by layer—and have it ready for UPS to deliver anywhere in the United States by morning.

“It was a no-brainer,” says Alan Amling, UPS’s vice president for corporate strategy. Storing spare parts for quick delivery was already a big moneymaker for the company, he says. UPS operates more than a thousand field stocking locations worldwide—all full of items that somebody might need someday, maybe. The industrial customers who pay for that service have to keep the parts available because of warranty contracts, says Amling. But they hate it. “Inventory storage costs are massive,” he says. “So we started to see 3D printing as a solution.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:40 am   |  Permalink   |  Email
Monday, November 19 2018
Reshoring: Changing Conditions Impact Location Decisions

By Harry Moser, Founder/President, Reshoring Initiative

For decades companies have been chasing cheap labor offshore and then importing products to sell in the U.S. market. The impact of offshoring on the U.S. economy has been significant. Offshoring to China and elsewhere have cost about five million U.S. manufacturing jobs, helped contribute to wage erosion and had a dramatic and negative effect on workers and the economy in every state. Communities have lost, on average, 27 percent of their manufacturing workforce since 2000. About 63 percent of the job loss is due to offshoring of jobs.

Companies have also been impacted, since their largest market, the U.S., has experienced flat or declining real personal incomes and thousands of business customers have disappeared. In view of the current strong surge of jobs back from offshore, understanding the reasons for the losses and the current opportunities to bring millions of jobs back can help site selection consultants and corporate real estate brokers succeed. Knowing what drives reshoring and FDI can help identify siting solutions that overcome the problems experienced offshore.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:06 am   |  Permalink   |  Email
Monday, November 19 2018
The Healthcare Industry as a Critical Driver of Cluster Development

By Jim Damicis, Senior Vice President Camoin Associates, Alexandra Tranmer, Project Manager Camoin Associates

In previous research articles on healthcare, we have considered digital technology trends, the changing dynamics of real estate and retailization of the healthcare industry, and why healthcare should be a consideration in a community’s economic development strategic planning. This time around, our research examines the critical role that healthcare plays in supporting and growing industry clusters, specifically, Life Sciences, Information Communications Technology (ICT), and Medical Device Manufacturing. These clusters are producing significant contributions to the nation’s economy and creating high wage jobs.

While healthcare is often deemed too difficult to manage at a local level due to the federal involvement in regulations or overlooked as a non-export industry, local and regional economic developers can harness the workforce, technology, and sheer size of the healthcare industry to further support job growth in their communities. Furthermore, the number of projected openings in the healthcare field continue to rise and supporting and training the workforce for these positions will be crucial to ensuring the stability and growth of healthcare networks across the country, while providing significant employment and career opportunities.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:50 am   |  Permalink   |  Email
Monday, November 19 2018
The Value and Challenges of Certified and Shovel Ready Sites in the Site Selection Process

By Phil Schneider, President, Schneider Strategy Consulting LLC

In 20 years, certified and shovel ready site programs have evolved from a unique tool and competitive advantage to economic development table stakes. Site readiness programs in one form or another have become an established part of many, if not most, economic developers’ tool kits. Site readiness programs are established in over 30 states, developed and managed by state and local economic development organizations – both public and private – chambers of commerce, electric power utilities, railroads, port authorities, and other industrial development entities.  

The reasons for their increasing popularity and ubiquity are clear: speed to market is increasingly critical in the site selection process, companies are no longer willing to bear the cost of extensive due diligence for multiple sites on their own, and the risk of site timing and condition unknowns has become unacceptable in the location process.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:34 am   |  Permalink   |  Email
Tuesday, September 18 2018
Foreign Trade Zones: A Valuable Tool for Local and Regional Economic Development

By Greg Jones, Vice-President, FTZC™ (Foreign-Trade Zone Corporation)

In his Magnum Opus commonly known as “The Wealth of Nations,” 18th century Enlightenment philosopher and economist Adam Smith noted, “Every man thus lives by exchanging, or becomes in some measure a merchant, and the society itself grows to be what is properly a commercial society.” If one were to update this observation, one might say that every man and woman’s livelihood depends on the exchange or trade of goods, services, and every form of property. Since ancient times, trade in goods has fueled the growth of cities, the construction of roads, ports, and other infrastructure, and indeed, nations and empires. In those days the trade of goods was – literally – a pedestrian affair. Merchants loaded goods and commodities on a beast of burden and hoofed-it to the village, town, or city where the goods would be sold. Today, trade ranges across the globe, with raw materials, parts and components, and finished products being produced, marketed and transported in every country, city, town, and household via multiple modes of transportation: ocean, air, rail, and highway.

As trade has expanded and become more complex, competition has become global. The competition to attract and retain value-added business operations, and thereby reap investment, employment and prosperity is also global in scope.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:10 am   |  Permalink   |  Email
Tuesday, September 18 2018
Trends in the Disruptive Digital Media Industry

By Christa Ouderkirk Franzi, CEcD, Senior Project Manager, Camoin Associates, Inc.

Digital media is arguably the most disruptive industry across the economy. Beyond completely transforming the way we watch movies, play video games, and receive news within just a few years, businesses that do any sort of online marketing are in a constant battle to keep up with the perpetual onslaught of new channels, applications, technology, and tactics to reach targeted audiences.  

The digital media industry is just as hard to define as it is to stay on top of. When broken down, ‘digital’ means anything related to using a computer and ‘media’ are the tools used to communicate across space and time such as books, radio, television, etc. While streaming radio over the internet is a form of digital media, the use of computers to communicate allows something that traditional broadcast media does not: interaction across networks. Consumers of digital media engage with content with a simple ‘like’ or ‘share’ to their personal online network, or they can create an online group to identify others interested in the same type of content. All these actions by consumers are a way of communicating preferences back to content producers and providers who use this information to better their offerings and the user experience. 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:00 am   |  Permalink   |  Email
Monday, September 17 2018
Outdoor Recreational Economic Development Outlook 2019 and Beyond

By Don Holbrook, Site Location Advisor

“Outdoor recreation is an economic powerhouse in the United States, each year generating $887 billion in consumer spending and 7.6 million jobs. Generates $65B in federal tax revenue and $59B in state and local tax revenue.” -- Outdoor Industry Association

Consumer Spending on Outdoor Recreation ($887 Billion) Includes:

  • Outdoor Recreation Products - including gear, apparel, footwear, equipment, services and vehicle purchases ($184.5 billion)
  • Trip And Travel Spending - including airfare, fuel, lodging, groceries, lift tickets, guides, lessons and more ($702.3 billion)1

A Growing Body of Research Suggests that Investments in Outdoor Recreation Infrastructure and Programming Could Significantly:

  • Reduce crime rates by six to eight percent,
  • Improve educational outcomes for elementary, secondary and post-secondary students, including attention and test scores, retention and high school graduation rates.
  • Lower long-term individual and public health care costs by reducing stress and obesity rates, improving physical fitness and strengthening social bonds with family and friends. Exercise is a primary need for our otherwise sedentary gaming children.1
Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:34 am   |  Permalink   |  Email
Monday, September 17 2018
Metal Fabrication: Bending, Shaping and Molding Its Future Growth 

By Michael D. White, author and freelance writer

It really isn’t too much of a stretch to say that metal fabrication is a lot like the musical score to a great film—you don’t realize how important it is until it isn’t there. 

Close your eyes and imagine Lawrence of Arabia, Dr. Zhivago, Cast Away, Jurassic Park, Saving Private Ryan or The Magnificent Seven without the music that lifts them to the level of masterpiece. Imagine, then, going about your business every day, or at least trying to, without refrigerators, washing machines, thumbtacks, air conditioners, automobiles, wire, bridge spans, locomotives, lap tops, knives and forks, airplanes, nuts and bolts, agricultural machinery, watches, window frames, hand tools, nails, and the humble ‘tin’ cans that contain everything from brake fluid to creme soda. Good luck. 

Ubiquitous metal fabricators across the country cut, bend, roll, punch, forge, turn, stamp, cut, shape and form metal–primarily steel and aluminum rods, bars and sheets-for virtually every ancillary industry one can conceive, from manufacturing, construction, aerospace, automotive, architecture, and electronics, to food processing, telecommunications, medical, energy and power generation, just to name a few. 

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:26 am   |  Permalink   |  Email
Monday, September 17 2018
NBAA Works to Preserve and Protect Vital Community Airports

By Ed Bolen, President and CEO, National Business Aviation Association (NBAA)

Business aviation is a vital industry throughout the U.S., not only for the companies that utilize its flexibility to compete in the global marketplace, but also for communities that rely upon business aviation as an indispensable lifeline to connect them to the world. For more than 70 years, the National Business Aviation Association (NBAA) has advocated on behalf of these distinct, but closely-related, interests. 

The vast majority of companies that rely on business aviation are small and medium-size companies, many of which are located in towns far from America's major metropolitan business centers. These enterprises depend upon business aircraft, operating from community airports, to remain connected and competitive.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:18 am   |  Permalink   |  Email

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