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.
Publication Name: Site Selection
Subject: Real estate industry
ISSN: 1080-7799
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: Site Selection
Subject: Real estate industry
ISSN: 1080-7799
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: Site Selection
Subject: Real estate industry
ISSN: 1080-7799
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Keeping Sprint's new HQ campus on track. Corporate real estate at a crossroads. Build-to-suit - is it for you?
- Abstracts: Braving a foreign field. Wired up for extra value. Looking at the bigger picture
- Abstracts: A suitable case for treatment. Planted out for profit. A good buy
- Abstracts: Occupiers look for flexible friends. The quest for prime numbers. Gleam of certainty: office occupiers in London are looking for guaranteed delivery in a market with record low levels of supply
- Abstracts: Flights of EMU fantasy. Deja vu on economic policy? Bear necessities