Site Selection Evolves
March 25, 2024
The Corporate Survey results shed light on the evolving landscape of site selection priorities. I was not surprised to see that workforce criteria continue to emerge as the top consideration. It correctly reflects how the current demographic crisis is leading to an enduring strategic focus on talent acquisition and retention. This emphasis on workforce aligns with the needs observed in the EV, battery manufacturing, and battery recycling sectors, especially with assembly plants that require a large workforce and battery-material manufacturing facilities that require a pointed skillset.