In an article published by Southern Automotive Alliance in the publication’s April / May issue, Warren Matthews and Trent Scofield discuss increased economic development within manufacturing, particularly surrounding the automotive industry. More specifically, the Southeast has seen much success in establishing, cultivating and expanding highly sophisticated auto manufacturing operations within the region. “Several Southeastern states rank among the country’s highest vehicle producers, and this impressive output would not be possible without collaborative relationships formed at each stage of the process,” they state. The Southeast provides many incentives to further economic development efforts, such as tax incentives, reduced labor costs and mature supply chain networks – all made possible through the consistent cooperation from the region’s corporate partners.
From a geographic standpoint, the Southeast opens an array of opportunities from development to easy travel, with easy connections to highway, rail and water. “There may not be a perfect place to do business – however, our experience shows that the Southeastern states are poised to continue the trend of positive growth and development for those OEM’s and suppliers that choose to invest in our region,” the attorneys explain.
For the full article, you may access it on page 62 here.