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MCEDA REPORTS: 2020 Area Development Combined Corporate Survey Ratings

2020 Area Development Combined Corporate Survey Ratings

This is a listing of the top factors site selectors evaluate when selecting a location for new industry/companies in a community. Quality of life includes such factors as quality education, accessible healthcare, safe communities, and community/cultural events and cost of living. Each project pursued is unique based upon individual circumstances but the attached is an overall ranking.

Top 10 Site Selection Factors are listed below:

  • -Availability of Skilled Labor
  • -Highway Accessibility
  • -Energy Availability and Cost
  • -Quality of Life
  • -Labor Cost
  • -Construction Cost
  • -Corporate Tax Rate
  • -Tax Exemptions
  • -State and Local Incentives
  • -Inbound/Outbound Shipping Cost

 

 

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