Shifts in consumer behavior to more e-commerce, increased industrial production and increased imports are all driving tremendous growth in the U.S. logistics, distribution and fulfillment center industry. Today’s fulfillment center is replacing the job losses in the manufacturing industry as automation driven by technological advances and reduced costs of Artificial Intelligence and robotics. In fact, […]
Logistics is becoming a growing American economic force. Driven by technological changes creating more efficient supply chain operations and consumer behavior changing the face of retail where goods and services are delivered directly to the purchaser, logistics is a growing industry worthy of attention. From an industry definition standpoint, the logistics industry includes transportation and […]
Rural regions across the United States have been facing troubling demographic trends impacting the economic performance and quality of life of these areas relevant to corporate site location decisions. Reviewing demographic data is a strong starting point for measuring economic success as part of a corporate site location process. Regions with an increasing population […]
Site selection consultants serve corporations and communities by supporting potential economic development expansions by companies and providing key insights to communities as to what it takes to retain and attract high-wage jobs. A recent Wall Street Journal story provided some insights into the corporate site location consulting industry that are worthy of further discussion. […]
With the recent passage of House Bill 166, the Ohio House version of the state operating budget for fiscal years 20’-21’. For the first time in recent memory the operating budget passed the Ohio House with almost unanimous support from both Democrats and Republicans with a vote of 85-9. One of the more significant changes […]
“Ohio House Passes State Operating Budget with Bi-Partisan Support” This week brought the passage of the state’s operating budget out of the Ohio House with broad bi-partisan support. Efforts to work across the aisle and bring a new level of bi-partisanship to the House of Representatives seems to be continuing and was on full display […]
What is old is new again this year at the Ohio Statehouse. This General Assembly brings with it another debate about energy policy and the role the state should play in the regulation and potential subsidization of one type of energy over another. House Bill 6 does a number of things, but primarily the legislation […]
The April 2019 US Treasury regulations published provide a clearer roadmap for the creation of Opportunity Zone Funds. The new federal government program provides substantial capital gains tax relief for longer term investors in one of 8700 census tracts designated as Opportunity Zones covering all fifty states and US territories. An original set of Treasury […]
The April 2019 US Treasury regulations published provide a clearer road map for the use of Opportunity Zone in corporate site location projects. The new federal government program provides substantial capital gains tax relief for longer term investors in one of 8700 census tracts designated as Opportunity Zones covering all fifty states and US territories. […]
The April 2019 US Treasury regulations published provide a clearer roadmap for the creation of Opportunity Zone Funds. The new federal government program provides substantial capital gains tax relief for longer term investors in Opportunity Zones covering all fifty states and US territories. Key concepts central the Opportunity Zone program include: Qualified Opportunity Zones. 8700 […]