1) Define your criteria
To determine all the location criteria, we would work together to list all key issues that will be important in setting up the plant and being able to serve your customers
2) High level location screening
Identify potential locations and score against your defined criteria under the following groupings - proximity to potential customers, transportation & logistics, labor, utilities, taxes, real estate, and regulatory environment
3) Site and community level location analysis
Reduce to a select 3-10 regions in your 2-3 preferred states and analyze factors based on each property (zoning, utilities, transportation, site characteristics, security), community (labor force, infrastructure, development trends, industrial services, regulations) and state and local incentives
4) Property due diligence and incentives negotiation
Once the finalist locations are selected, conduct property due diligence to obtain commitments on utility services and other needs. If considering a Greenfield site, you may need to conduct a number of site studies. This is also the time to initiate formal incentives negotiation for your finalist locations