In another sign of our economic resurgence, Syracuse was named the no. 1 location among midsize U.S. cities for companies looking to “reshore” operations. In a report released recently from The Hackett Group, published in the New York Post, Syracuse was noted for several positive business attributes. They included declining labor costs, access to huge […]
In another sign of our economic resurgence, Syracuse was named the no. 1 location among midsize U.S. cities for companies looking to “reshore” operations. In a report released recently from The Hackett Group, published in the New York Post, Syracuse was noted for several positive business attributes. They included declining labor costs, access to huge consumer markets, and availability of new tax incentives as competitive factors for companies seeking alternatives to India and other offshore locations for finance, IT, and business-services operations.
Earlier this year, the same group named Syracuse the top location in the country and number 38 in the world for opening service-center operations. Across the region, we are seeing these trends take shape with the recent growth of companies like Syracuse’s Sutherland Global Services and Rapid Response Monitoring, and Watertown’s Convergys Corporation. These companies recognize that this region is a prime location for growth, thanks to assets like a talent pool with a high work ethic, productivity and commitment; a central location with quick access to major population centers; scenic and cultural amenities that offer residents unparalleled quality of life; and competitive incentives.
While these trends position us well for growth over the next decade, we must continue to promote our region and its assets so we can stay a leading location and attract new investments. I encourage you to help us connect with companies looking to reshore or launch new operations in the region by sharing any leads with Michael Novakowski CenterState CEO’s director of business development and investor relations, at mnovakowski@centerstateceo.com or (315) 470-1887.
Robert M. (Rob) Simpson is president and CEO of CenterState CEO, the primary economic-development organization for Central New York. This editorial is drawn and edited from the “CEO Focus” email newsletter the organization sent out on May 21.