Sam Moses co-authored an article in Manufacturing Best Practices on how manufacturers can navigate the trends leading to increased investment in the Carolinas.
"There has been a dramatic increase in manufacturing capital investment in North Carolina and South Carolina over the last couple of decades," Sam wrote. "Companies in the aerospace, automotive, advanced materials (such as plastics and composites), food processing and agri-business industries have driven much of that investment, including international companies opening their first U.S. locations. Today, there remains a tremendous appetite among economic development professionals at the state and local levels to help manufacturers establish new facilities or expand their current footprint."
"As manufacturers are contemplating an expansion project, there are a number of factors to consider in determining whether the Carolinas make sense," he continued. "Overall costs to the company are an important part of that, including taxes, utility rates, real estate, and workforce and business incentives. But what has become even more critical for many manufacturers as of late is the availability of skilled labor, as well as the proximity of the site to both their supply chain and their customers. In making a well-judged site selection decision for the location that creates the best opportunity for a company, there are local nuances that should not be overlooked."
You can read the full article here. Manufacturing Best Practices helps companies and their supplier partners maintain an edge and evolve with a dynamic marketplace.