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Developers of Fredericton’s new 35-acre Knowledge Park have looked to Israel’s successful CyberSpark as a design model for growth. Fredericton is located in New Brunswick, Canada. (Courtesy)
Selecting an international site is a challenge for many Israeli companies. What are the advantages and disadvantages of each location? How does a business manage the site selection process? What special considerations should Israeli companies be aware of? How have global sites looked at successful Israeli sites for ideas? To understand the process and factors involved, I turned to John Boyd.
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BOCA RATON, Fla., Feb. 3, 2021 /PRNewswire/ In today s uncertain economy and with new, higher corporate tax schemes and new regulations on the way from Washington, comparative business costs will be driving corporate site selection decisions like never before, says John Boyd, Jr., principal of The Boyd Co. Furthermore, the bipartisan emphasis on re-shoring and near-shoring jobs from China will put a premium on operating cost savings among different locations.
John Boyd, Jr., Principal, The Boyd Co., Inc. The role of the corporate site selection consultant has changed dramatically since our firm was founded five decades ago, explains Boyd. Today, more of the corporate site selection process is being carried out in-house by companies leveraging past relocation experiences and web-based resources like BizCosts.com. This is especially the case during the early stage when lists of candidate cities are first being assembled.