Reuters: US manufacturing boom has a real estate problem

Reuters: US manufacturing boom has a real estate problem Main Photo

13 Apr 2023


News

Volkswagen's off-road brand Scout Motors studied 74 different parcels of land across the U.S. last summer as it hunted for a place to build a $2 billion assembly plant.

It quickly eliminated almost all of them. In one case, they learned it would take six years to build a needed rail link. Others lacked access to clean power - crucial for a project for "green" electric vehicles. Some did not offer enough nearby skilled labor.

Click here to view the original article from Reuters.