Manufacturing's new deal demands 'lean portfolios'

Article Abstract:

Real estate assets are playing a smaller role in manufacturing as technological and management innovations allow for greater synergies between companies. Companies such as Benetton, Microsoft, Nike and Sun Microsystems require little space since most of their manufacturing activities are contracted out to foreign suppliers. Advances in computer and telecommunications technology allow these manufacturing relationships to become viable and profitable. These changes force a corporate real estate manager to assume the role of an integrator, rather than supplier.

Management, Manufacturing industry, Manufacturing industries, Competition (Economics), Economic aspects, Real estate, Corporations, Real property, Subcontracting

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Toyota's turbocharged U.S. drive: life in the car wars' fast lane

Article Abstract:

Toyota Motors Corp. has expanded its establishment of US manufacturing plants to take advantage of the cost savings offered by locating near or at the market. Significant savings can be obtained in terms of the removal of import duties and currency fluctuations. Toyota has invested $6 bil in its North American location strategy, generating 96,000 US jobs. Toyota started with its $1.3 bil Georgetown, KY plant, followed by its $150 mil plant in Troy, MO. The company has also established its $75 mil centralized distribution facility in Ontario, California.

Foreign operations, Investments, Automobile industry, Toyota Motor Corp., Toyota Motor Sales U.S.A. Inc.

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Michigan, Midwest set fast-track pace in 1997's record U.S. race for corporate facilities,(includes related articles)(Cover Story)

Article Abstract:

US' industrial location patterns manifested robust growth in 1997, as the number of facility and site expansion totalled 10,571, marking a 32% increase compared to the previous year. Industrial analysts believe the improvement was buoyed by the country's sound economic condition. Michigan topped the fast-track race among states, recording a total of 1,285 expansion announcements, followed by Ohio and Texas, which registered 1,202 and 1,000 new facilities, respectively.

Industrial sites, Statistics, Texas, Ohio, Michigan, Industrial locations, Industrial location

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