The manufacturing industry is seeing challenges that are oftentimes beyond their control. We as a team at Agracel, are continuously looking at how we can pivot to provide workable solutions to manufacturers. The National Association of Manufacturers (NAM) Q3 2023 Manufacturers’ Outlook Survey, … Read more
We’ve always believed that there will be a market for ICE (internal combustion engines) vehicles for the foreseeable future. With so much focus on EVs (electric vehicles) or BEVs (battery electric vehicles), it seemed that ICE and hybrid vehicles had taken a back … Read more
Over the past few months, we have shared a number of reports on the boom in manufacturing facility construction. This report from Wolf Street shares why that spending could go on for several years. Click on the link at the bottom for the … Read more
Back to “normal” for the Industrial Market? Without a doubt the past several years have been record-breakers for industrial development. Hang on… Q2 2023 Industrial: “Reverting to the Norm” August 10, 2023 | Amy Wolff Sorter | connectcre.com The industrial sector has been … Read more
We have discussed the multiplier effect before. The multiplier effect is an economic term, which measures the impact that a change in economic activity—like investment or spending—will have on the total economic output of something. A recent study shares the impact that BlueOval … Read more
The huge mega-sites for electric vehicle assembly and electric vehicle battery cells have garnered much attention over the past year. Now we are starting to learn of the “second wave” of EV investment, which typically requires smaller sites. Shovel-ready sites will be top … Read more
Following, in part, is a report from Thomas Insights that includes the top states benefiting from reshoring in 2022. For each of the top 5, the number of jobs added as a result of reshoring, along with what industries are moving to that … Read more
Latest Jobs and Productivity Report Last Friday, the Labor Department released the monthly jobs report. The economy added 187,000 jobs in July. The report also showed that most people who want to work can find jobs, keeping upward pressure on wages. Average hourly … Read more
A few weeks back we shared information about the “Investment Boom” and how economic development teams are working to capitalize on new manufacturing projects. Today’s post details why construction of manufacturing facilities is skyrocketing. America’s Factory Building Boom Construction spending on factories is … Read more
Population migration to the Southern and Southeastern United States has been occurring for many years but the acceleration of that movement over that past two years is unprecedented. Following are excerpts from a story from Bloomberg.com. Click the link at the bottom for … Read more