Category Archives: Domestic Business

Location Decisions and Incentives

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March 28, 2017

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When Elyria Mayor Holly Brinda learned that Riddell Inc. was looking to leave this small Ohio city, she came up with a $14 million package of tax incentives and offered to lease land to the company for $1 a year. It wasn’t enough. Riddell, which makes the football helmets used by NFL and college players, decided to move its 320 employees just over 2 miles down the road to a neighboring town, which offered its own bundle of incentives and lower corporate and individual income-tax rates. Continue reading →

Returning Bicycle Manufacturing to the U.S.

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by Barry Render

Kent International plans to produce 500,000 bikes in the U.S. in 2017, and more than 1 million by 2020.

Kent International plans to produce 500,000 bikes in the U.S. in 2017, and more than 1 million by 2020.

 

After decades of offshoring, bicycle manufacturing is coming back to the U.S. as overseas costs rise and companies realize the value of “local for local” production. “From hand-crafted boutique brands to high-volume manufacturing, U.S. bicycle makers are reshoring bike production,” writes Industry Week (Dec.8, 2016).  A confluence of factors are giving rise to new opportunities. Continue reading →

Using Drones to Take Inventory at Walmart

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by Barry Render

drone work in classic warehouse 3d image

Soon, the labyrinthine aisles at Walmart’s distribution centers — stocked high with canned beans, toys and many other products — could also have a low humming sound. The country’s largest retailer, reports Supply & Demand Chain Executive (June 6, 2016), is testing the use of flying drones to handle inventory at its large warehouses, which supply the thousands of Walmart stores throughout the nation. In 6-9 months, the machines may be used in its distribution centers.

Continue reading →