And all of it is recognition that factories and the manufacturing jobs they provide must remain the backbone of an American enterprise that is still being counted on to carry the world forward.
Where are the best places in the country to do manufacturing? That question isn’t just a measure of what states have the most factory jobs or where manufacturing makes the biggest contribution to state GDP. It also takes into account where manufacturers can locate with the best chance for success and growth.
The states with the biggest reliance on manufacturing and the largest concentrations of manufacturing employment are, by and large, the same states where manufacturing can be expected to flourish in the future. A few upstarts are changing the dynamic, however.
Site Selection Group made one attempt to rank the most competitive states for manufacturing. Last year, it took into account 6 ranking criteria. Labor availability weighted most heavily. Logistics, tax climate, utility costs, labor costs and union climate—completed the top 10.
Here’s Site Selection’s ranking, along with each state’s ranking in Chief Executive’s 2016 Best & Worst States for Business.
Another thing is clear by combining the Site Selection list and the Chief Executive survey results: Most of the states that are the most competitive as manufacturing sites also tend to be rising in overall esteem by CEOs and others as places to do any kind of business. This underscores the continued importance of manufacturing to a modern U.S. economy that is seen as depending on all sorts of services for growth.
Of the 10 states listed above, Texas, Florida and North Carolina have consistently been ranked in the top 5 by CEOs in Chief Executive’s Best & Worst States for Business for years. This year, Utah earned CEOs’ No. 1 position as the state with the best workforce quality. North Carolina, Utah and Idaho took the top 3 positions for Quality of Living Environment.
Review the entire 2016 Best & Worst States for Business results, including individual state rankings, CEO comments, methodology and more at https://chiefexecutive.net/2016-best-and-worst-states-for-business
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Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
