The State Operating Budget is Done, so What’s Left on the Ohio General Assembly’s plate? The Budget is Done, so what’s left on the General Assembly’s plate: This week brought the long-awaited conclusion to the FY 20-21 operating budget. After failing to finish the budget by the end of June and passing a 17-day interim […]
Even before New York politics interfered with the Amazon HQ2 project, it was not the typical economic development project — not even counting the 50,000 jobs associated with it — but the decision of the company to end up in two major urban markets goes against recent corporate site location trends favoring mid-sized urban markets […]
The City of Athens made a determination that it wanted to pursue multiple Downtown Redevelopment Districts (DRD) to take advantage of the wealth of historic structures that are in the City and to take advantage of the planned investments that Ohio University would be making in Athens over the next couple decades. In June 2019 […]
A common misperception is that a big bag of tax incentives is the key to communities gaining large scale corporate site location projects. Incentives matter but they are the “icing and not the cake.” Successful corporate site location projects often begin with the development of a site built through a Public-Private-Partnership (PPP). Site development projects […]
Recent attention focus’ on the challenges of Legacy City’s—communities who have not recovered from the loss of industrial jobs. While former industrial giants like Ohio continue to transform and grow, other than the Columbus and Cincinnati regions, most other regions in the state are not producing the jobs the population needs to succeed. As the […]
The Montrose Group, LLC has been retained to support the launch of a Crawford County, Ohio Opportunity Fund focused on several certified Opportunity Fund sites in Galion and Bucyrus, Ohio. These North Central Ohio communities are primarily rural in nature but have a long history based in manufacturing. Galion has focused its Opportunity Zone efforts […]
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. […]