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Publix is not corporate HQ, but nice try. So Guilford snagged some low paying standard distribution jobs. It won’t exactly increase your average median income level for the GSA. But again, nice try.
Publix is not corporate HQ, but nice try. So Guilford snagged some low paying standard distribution jobs. It won’t exactly increase your average median income level for the GSA. But again, nice try.
Not only will major companies looking to relocate their corporate HQ seek areas with an abundance of flights and a major airport, they will also seek locations with plenty of cultural and urban amenities, recreational activities, good educational resources, and lots of local talent.
The trend these days is for large corporations to move away from smaller metros and suburban areas in search of greener pastures, not the reverse. This is primarily why Lowes chose to move closer to Charlotte from Wilkesboro and Advance Auto Parts recently chose to move to Raleigh from Roanoke.
Well damn y'all. Let's just burn Greensboro to the ground and all move to Charlotte.
That's a bit dramatic. You must keep in mind though that when hyperbole, speculation, and misinformation runs rampant, as it most often does in the GSO threads, those posts are going to be heavily scrutinized and called out for what it is.
I hear what you’re saying but Greensboro has a lot more going for it than Wilkesboro or Roanoke. That’s just hyperbole in the other direction.
Hyperbole it is not. Nothing I posted is inaccurate. So if you insist on going there, two recent examples are VF Corporation and Merz, which both relocated their HQ from Greensboro to more desirable places. What's exaggerated about that?
Hyperbole it is not. Nothing I posted is inaccurate. So if you insist on going there, two recent examples are VF Corporation and Merz, which both relocated their HQ from Greensboro to more desirable places. What's exaggerated about that?
Yeah, but you like to shine a light only on negative things about Greensboro. Say nothing positive. I haven't seen you around here lately. Were you banned or something?
Yeah, but you like to shine a light only on negative things about Greensboro. Say nothing positive. I haven't seen you around here lately. Were you banned or something?
No sir I was not. There was just nothing posted worth commenting on.
Snagging F500 corporate headquarters relocations is nice, but it certainly isn't the only way to grow an economy. For instance, Greenville, SC's economy is doing well right now and it has zero F500 headquarters and no airport offering hundreds of daily flights domestically and internatiomally. A big reason for that is the abundance of manufacturing jobs, successfully attracting regional corporate headquarters, and the region's success in growing its tech economy. And it doesn't hurt to be located within a state that's generous with incentives.
Cities like Greensboro and Winston-Salem can successfully land more back office-type operations for major companies which provide relatively well-paying jobs without the need to be in close proximity to a major airport. They can also invest in their more heavily in their start-up cultures to groom more homegrown companies that can eventually grow into major players. One thing is for sure: they aren't doomed to irrelevancy simply because F500 corporate headquarters aren't currently moving there. Those major corporations go through all sorts of changes like mergers and acquisitions, splits/spin-offs, loss of revenue, etc all of the time that affect the (re)location of their headquarters cities so that in and of itself isn't the best gauge to go by in determining the overall economic health or competitiveness of a city. For instance, Honeywell isn't a net gain in F500 headquarters for Charlotte because it just lost Family Dollar with the Dollar Tree acquisition. VF Corp's move to Denver may not necessarily be a F500 headquarters loss for Greensboro since the company will spin off its jeans division which will remain headquartered in Greensboro. And even if it does result in a F500 headquarters loss, there isn't expected to be a net loss of jobs because positions moving to Greensboro from Kansas City related to the Wrangler/Lee spin off will offset the VF jobs lost to Denver.
Certainly challenges remain, but progress is still very much possible. It really does seem as though some think the Triad should indeed be bulldozed and everyone should be forced to relocate to Charlotte or the Triangle.
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