The New Industrial Ecosystem
25 Aug 2022
News
Far beyond ports, hubs, and transportation networks, the new industrial ecosystem requires a cross-section of executive decision-makers to take a proactive data-driven stance on location strategies and logistics planning. Shifts across complex, geopolitical and socio-economic systems are happening too quickly, and the costs are too high not to rely on a data-driven approach to meeting the common industrial sector challenges that include the following:
- Highly competitive site selection due to low inventory of available space and soaring real estate costs
- Sharp increases in costs of supplies, inventory stocking, transportation, and energy
More Topics
The United States is facing a critical shortage of product made from rare earth materials that are essential in manufacturing important components for more than 200 products, including high-tech consumer products such as cellular telephones, computer hard drives, electric and hybrid vehicles, flat-screen monitors and televisions, and significant defense applications...
“Golden Age” of Spec Development
Aug 23 2022From coast to coast, demand for new warehouse and distribution space is hitting record-breaking levels. According to a recent report from Cushman & Wakefield,1 the U.S. industrial construction pipeline topped 600 million square feet for the first time ever in Q1 2022, with nearly 95 percent of that tally classified...
AUSTIN — For the ninth consecutive month, Texas set new job levels for 2022 by adding 72,800 total nonagricultural jobs in July, and total nonagricultural employment reached 13,513,100, according to data released today by the Texas Workforce Commission (TWC).
“Texas jobs are booming, and more Texans are working than...
The Royse City, TX Community
Royse City combines hometown character with exceptional growth, offering residents and businesses a high quality of life, strong schools, vibrant neighborhoods, and easy access to the Dallas-Fort Worth Metroplex.