New Equipment Digest

Expansion Management.com E-News for March 8, 2005

Welcome! The bi-weekly Expansion Management Newsletter is produced by the EM editors. This e-newsletter provides business executives with the information they need to successfully find the best location for a future facility.

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In This Newsletter

1. New Study Compares Health Care Costs for Businesses

2. States Still Feel Pressures Despite Revenue Growth

3. Economic Development Incentives Under Attack in the Courts

4. A Conversation with Louisiana Governor Kathleen Babineaux Blanco

5. Work Force Training Incentive Programs Help Provide a Competitive Advantage for Expanding Companies

1. New Study Compares Health Care Costs for Businesses
Expansion Management’s third annual Health Care Cost Quotient™ compares health care cost and availability among each of the 50 states. With employer health care costs expected to rise another 8 percent to 12 percent in 2005, the cost and availability of health care continues to be an important factor when businesses decide where to expand or relocate their facilities.
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2. States Still Feel Pressures Despite Revenue Growth
Despite the improvement in the nation’s economy, states, increasingly burdened by rising health care and Medicaid costs, continue to recover slowly from the worst fiscal crisis in the past six decades, according to the National Governors Association (NGA) and the National Association of State Budget Officers (NASBO).
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3. Economic Development Incentives Under Attack in the Courts
Financial incentives granted to DaimlerChrysler and Dell for major facility expansions are creating quite a stir among opponents of the incentives issue.
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4. A Conversation with Louisiana Governor Kathleen Babineaux Blanco
On January 12, 2004, Kathleen Babineaux Blanco became the first woman to serve as governor of Louisiana. Before serving in the state’s top office, Blanco completed two terms as lieutenant governor. She began her career as a public servant in 1984 when she became the first woman ever elected to represent the people of Lafayette in the state legislature.
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5. Work Force Training Incentive Programs Help Provide a Competitive Advantage for Expanding Companies
Work force training can have a direct impact on the competitiveness of your company. That’s why states offer to be partners with companies in work force training programs. In many cases, work force training is the determining factor whether a company locates its expansion project in a particular state.
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