For Multifamily Executive, Hamilton Zanze CEO Kurt Houtkooper details the reasons for optimism about the multifamily market and his company’s plans for 2024.Read
High-Tech Manufacturing on the Rise
U.S. manufacturing output has steadily risen over the last four years, and many industries are now investing in high-tech plants on American soil rather than relying on cheap labor in emerging markets. While some manufactured products are still labor intensive, some international firms are “in-sourcing” production from overseas facilities back to the U.S. by building efficient robotic and cloud-based plants.
These firms are expanding in markets where there is access to technology and an experienced high-tech workforce, such as Phoenix, Austin, Silicon Valley, Los Angeles, and Boston or in markets that are national distribution centers, such as Dallas/Fort Worth, Atlanta, Kansas City, Chicago, Memphis, and Charlotte.
Read more at National Real Estate Investor