Rise of the Great Lakes Continues as Battle for 2024 Corporate Site Location Projects

The Great Lakes states are primed for an economic renaissance. The Great Lakes Region includes eight states (Minnesota, Wisconsin, Illinois, Indiana, Michigan, New York, Ohio, and Pennsylvania) and two Canadian provinces (Ontario and Quebec) that surround the five interconnected freshwater bodies known as the Great Lakes. The area is home to 107 million people, 51 […]

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U.S. Corporate Site Location Process Driven by Market Research and Local and State Government Incentives

Global companies seeking a corporate site location in the United States need target markets with like industries, quality sites, a job-ready workforce and a competitive cost of doing business. The corporate site location process begins with defining the project to learn about the industry, the number of jobs, payroll, and capital investment planned by a

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American Manufacturing Supercycle to Drive Economic Growth

A consensus among economic leaders is building that the United States is entering a sustained period of manufacturing growth known as a “Supercycle.” The Corporate Finance Institute defines a Supercycle as a period of strong economic growth, leading to sustained demand for commodities, and Fortune magazine defines a Supercycle as “a sustained spell of abnormally

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Montrose Group Clients Gain Over $10 M in State Funding as General Assembly Leaves Town

The Ohio General Assembly on the last day of session before the November Election on June 26, 2024, approved the largest capital budget in the state’s history, with the passage of House Bill 2, which appropriates $6.2 Billion in capital infrastructure funding supporting the renovation and construction of the state’s buildings and assets including funding

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Food and Beverage Industry is a Major Leader in the U.S. Economy

While many industries will struggle to launch corporate site location projects in 2024, that should not be the case for the U.S. food and beverage industry. Food and beverage manufacturing plants transform raw food commodities into products for intermediate or final consumption by applying labor, machinery, energy, and scientific knowledge. Some products may serve as

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Food and Beverage Industry a Powerhouse Throughout the U.S.

Grow local, global supply chain challenges and a resurgence in American manufacturing have made food and beverage manufacturing a hot corporate site location topic. Regions with a strong base of food and beverage manufacturing employers and workforce are attractive to companies in this industry seeking to expand current facilities or locate new ones. Industries tend

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Montrose Fellows Fund Graduates First Class of Small Business Owners

The Montrose Group in 2024 launched the Montrose Fellows Fund as a not-for-profit, donor-advised fund, to address economic opportunity. The Montrose Fellows Fund over six months of 2024 hosted a series of Business Development Bootcamps in partnership with the Ohio Department of Development, Minority Business Development Division to support the success of Ohio minority, women,

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Developing Innovative Energy Delivery Models is the Key to Addressing America’s Current Energy Crisis.

Solutions to America’s energy crisis focus on increased investment in the electric grid, creating new utility rate approaches, and capturing natural gas to build data center power plants. Energy-intensive industries can address their energy demand challenge by maximizing energy efficiency, enhancing demand flexibility, getting more out of existing grid infrastructure, and negotiating for additional carbon-free

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Local, State, and Federal Policy Disconnect Driving the U.S. into an Energy Crisis

At the exact moment American industry needs additional electricity to make billions in economic investments, local, state, and federal government policymakers are disrupting efforts to generate that needed electricity.  For supply to keep pace with demand given these trends, PJM needs as many new generation to find their way onto the system as possible. PJM

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Budding Energy Supply Crisis Impacting Economic Development

The U.S. energy delivery system that ran the Industrial Revolution and made the United States a global economic powerhouse is facing substantial challenges that threaten the economic future of the nation, states, and regions.  For the last several years, utilities throughout the United States have been facing COVID-19-based supply chain challenges for the materials needed

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