Chamber Amplified

The Factors Driving Business Location Decisions


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About the Guest:

Sarah Perrigo is part of the Regional Growth Partnership, a key player in Northwest Ohio's economic development landscape. She has previously worked with Findlay-Hancock County Economic Development, focusing on attracting young professionals and overseeing initiatives surrounding business growth and regional development.

Matt Davis also represents the Regional Growth Partnership in advancing the economic growth of Northwest Ohio. He has experience in site selection processes and providing strategic support to businesses looking to expand in the area, aiming to create a conducive environment for business opportunities and sustainable community development.

Episode Summary:

In this episode of Chamber Amplified from the Findlay-Hancock County Chamber of Commerce, we delve into the complexities of business site selection and development. We take a look at the multifaceted process of how businesses decide to set up or expand in Findlay and Hancock County. This discussion sheds light on the essential elements that influence these choices such as infrastructure availability, workforce readiness, and community support.

The conversation unveils how Northwest Ohio has become an attractive location for diverse business sectors—including advanced manufacturing and agribusiness. Sarah and Matt discuss the importance of having ready-to-market sites and buildings, understanding the site's utility capacities, and the critical role local government and community leadership play in ensuring a smooth transition for incoming businesses.

Key Takeaways:

  • Northwest Ohio is seeing interest from industries like advanced manufacturing, automotive, and food sciences due to its strategic advantages.
  • Site readiness—with available buildings and detailed site assessments—is crucial for attracting businesses looking to expand.
  • Confidentiality in business site selection is paramount to protect competitive strategies and avoid premature exposure of business plans.
  • Local government and community cooperation play a critical role in the site selection process, providing long-term assurance to businesses.
  • Understanding evolving economic conditions and being prepared for shifts, such as reshoring trends, is vital for sustainable regional development.

Music and sound effects obtained from https://www.zapsplat.com

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Chamber AmplifiedBy Findlay-Hancock County Chamber of Commerce