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Old 07-23-2014, 06:58 PM
 
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Originally Posted by g-man430 View Post
Charlotte has its fair share of large blows too: Bank of America lays off 540 in Charlotte | CharlotteObserver.com
Cities do have ups and downs, that is why you constantly recruit business.
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Old 07-24-2014, 09:24 AM
 
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Originally Posted by GSP101 View Post
The surprise to me is that NC beat out SC who could offer more incentives and already has two operations for the company. 5 sites were under consideration But Greenville would not have been a good location. The WSJ said that the company has 600 jobs in SC, are they all in the upstate? If there are 600 employees in SC, with SC's incentives, It shows how far Greenville is away from being able to support A HQ move like this.
I see this very similar to the Toyota deal that Texas snagged. Toyota officials knew what they ultimately needed in a site, but they wanted to see what sorts of incentives states would offer them that might potentially sway them a little. Thus Charlotte was on the short list; the lack of air connections to Asia and a less centralized location relative to their North American manufacturing facilities were obvious (and big) weaknesses for Charlotte, but Toyota officials wanted to see what NC would pony up in incentives. Charlotte really never had much of a chance when competing with DFW. In the same way, Charlotte trumps Greenville as a site for corporate relocations in most ways, but SAC was more than likely trying to squeeze incentives out of SC to overcome Greenville's weakness as far as air travel was concerned.
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Old 07-24-2014, 12:51 PM
 
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Originally Posted by Mutiny77 View Post
I see this very similar to the Toyota deal that Texas snagged. Toyota officials knew what they ultimately needed in a site, but they wanted to see what sorts of incentives states would offer them that might potentially sway them a little. Thus Charlotte was on the short list; the lack of air connections to Asia and a less centralized location relative to their North American manufacturing facilities were obvious (and big) weaknesses for Charlotte, but Toyota officials wanted to see what NC would pony up in incentives. Charlotte really never had much of a chance when competing with DFW. In the same way, Charlotte trumps Greenville as a site for corporate relocations in most ways, but SAC was more than likely trying to squeeze incentives out of SC to overcome Greenville's weakness as far as air travel was concerned.
I don't see the two situations alike at all.
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Old 07-25-2014, 09:01 AM
 
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I do. Charlotte never really had a shot at Toyota given what the company needed in a site, especially in competition with DFW; Greenville had more of a chance at landing SAC with a presence in the area but it still had shortcomings compared to Charlotte. But companies do this sort of thing all the time and usually it's because they want to squeeze more incentives out of the state/city they've already decided to move to.
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Old 07-29-2014, 07:59 PM
 
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Originally Posted by Mutiny77 View Post
I do. Charlotte never really had a shot at Toyota given what the company needed in a site, especially in competition with DFW; Greenville had more of a chance at landing SAC with a presence in the area but it still had shortcomings compared to Charlotte. But companies do this sort of thing all the time and usually it's because they want to squeeze more incentives out of the state/city they've already decided to move to.
So, tell us how you know the needs of one of the world's most secretive companies. You are speculating that Charlotte had no chance, truth is, noone knows. And, there are a number of differences........on paper, Sealed Air should be headed to Greenville where they already have a large presence. With SC's more aggressive incentives and existing operations, Greenville should be the # 1 contender. But, Sealed Air is consolidating into Charlotte, to a state with less aggressive incentives. Toyota is moving to a state with aggressive incentives and a much lower cost structure than where they currently exist. Sealed Air....they are moving folks to a higher cost area. Toyota is moving closer to their major manufacturing operations, Sealed Air is moving away from large operations in the upstate. As Sealed Air said, a major reason they chose Charlotte is the talented deep workforce, moving from Cal to Texas would be neutral at best in this regard for TM. So, no, I don't see a lot of parallels in this situation.
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Old 07-30-2014, 10:19 AM
 
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Originally Posted by GSP101 View Post
So, tell us how you know the needs of one of the world's most secretive companies. You are speculating that Charlotte had no chance, truth is, noone knows.
Toyota officials paid a secret visit to Charlotte earlier this year as they considered new sites for their corporate headquarters, but the East Coast location and a lack of direct flights to Japan apparently helped convince them to send their 4,000 jobs to Texas instead...

“With manufacturing locations in many U.S. states, Canada and Mexico, we chose a location that better supports our diverse geographic footprint, in a time zone that allows us to communicate better with most of our operations, and has direct flights to all our North American operations and Japan,” [Mike Michels, a vice president with Toyota Motor Sales U.S.A.] wrote Tuesday in an email to the Observer.

There currently are no nonstop flights between Charlotte and Asia.


Toyota officials paid secret visit to Charlotte before sending headquarters, 4,000 jobs, to Texas | CharlotteObserver.com

Quote:
And, there are a number of differences........on paper, Sealed Air should be headed to Greenville where they already have a large presence. With SC's more aggressive incentives and existing operations, Greenville should be the # 1 contender. But, Sealed Air is consolidating into Charlotte, to a state with less aggressive incentives. Toyota is moving to a state with aggressive incentives and a much lower cost structure than where they currently exist. Sealed Air....they are moving folks to a higher cost area. Toyota is moving closer to their major manufacturing operations, Sealed Air is moving away from large operations in the upstate. As Sealed Air said, a major reason they chose Charlotte is the talented deep workforce, moving from Cal to Texas would be neutral at best in this regard for TM. So, no, I don't see a lot of parallels in this situation.
NC is not a "higher cost area" than SAC's current headquarters in NJ (and the Charlotte HQ will consolidate operations currently in SC, NJ, CT, and WI). And as with Toyota picking DFW over Charlotte, Sealed Air picked Charlotte over Greenville in large part due to air travel:

Landmesser said he was told that air service and workforce were two factors that prompted the company to pick Charlotte.

International flights available in Charlotte and not Greenville were attractive to a global company with more than half of its business overseas, Landmesser said.


Sealed Air to relocate some Greenville, Duncan jobs

Again, these companies already know what these cities offer in terms of basic infrastructure, but they want to squeeze as much incentives out of the states they've already chosen as they can. It's different if you're talking two cities that offer much of the same when it comes to that, but that's clearly not the case with Charlotte/Greenville and DFW/Charlotte.
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Old 07-30-2014, 11:58 AM
 
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Yay something for Charleston, seems like they will be making the 787-10 in Charleston exclusively
Newest Boeing Dreamliner will be made in North Charleston - Live5News.com | Charleston, SC | News, Weather, Sports
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Old 07-30-2014, 02:27 PM
 
Location: Charleston, SC metro
3,518 posts, read 4,387,643 times
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Originally Posted by Ledmonkey View Post
Yay something for Charleston, seems like they will be making the 787-10 in Charleston exclusively
Newest Boeing Dreamliner will be made in North Charleston - Live5News.com | Charleston, SC | News, Weather, Sports
Hurray!
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Old 07-30-2014, 02:30 PM
 
1,283 posts, read 2,221,207 times
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Originally Posted by Ledmonkey View Post
Yay something for Charleston, seems like they will be making the 787-10 in Charleston exclusively
Newest Boeing Dreamliner will be made in North Charleston - Live5News.com | Charleston, SC | News, Weather, Sports
Awesome! Good news for SC! Charleston will continue to boom for the near future, which will be fun to watch!
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Old 07-30-2014, 06:38 PM
 
3,200 posts, read 3,891,854 times
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Quote:
Originally Posted by Mutiny77 View Post
Toyota officials paid a secret visit to Charlotte earlier this year as they considered new sites for their corporate headquarters, but the East Coast location and a lack of direct flights to Japan apparently helped convince them to send their 4,000 jobs to Texas instead...

“With manufacturing locations in many U.S. states, Canada and Mexico, we chose a location that better supports our diverse geographic footprint, in a time zone that allows us to communicate better with most of our operations, and has direct flights to all our North American operations and Japan,” [Mike Michels, a vice president with Toyota Motor Sales U.S.A.] wrote Tuesday in an email to the Observer.

There currently are no nonstop flights between Charlotte and Asia.

Toyota officials paid secret visit to Charlotte before sending headquarters, 4,000 jobs, to Texas | CharlotteObserver.com



NC is not a "higher cost area" than SAC's current headquarters in NJ (and the Charlotte HQ will consolidate operations currently in SC, NJ, CT, and WI). And as with Toyota picking DFW over Charlotte, Sealed Air picked Charlotte over Greenville in large part due to air travel:

Landmesser said he was told that air service and workforce were two factors that prompted the company to pick Charlotte.

International flights available in Charlotte and not Greenville were attractive to a global company with more than half of its business overseas, Landmesser said.

Sealed Air to relocate some Greenville, Duncan jobs

Again, these companies already know what these cities offer in terms of basic infrastructure, but they want to squeeze as much incentives out of the states they've already chosen as they can. It's different if you're talking two cities that offer much of the same when it comes to that, but that's clearly not the case with Charlotte/Greenville and DFW/Charlotte.
You're not telling me anything that was not in the press. If you see these as the same types of transactions, I am not going to argue, that's your opinion.
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