Agenda Packets - 1995/06/05 - Laserfiche WebLink

Home Browse Search

15. In each category, employers will be increasing their staff over the next five years with the largest increase in the Sales sector and close seconds from the Managerial, Services and Technical categories. Business Changes: 17.F. Thirty five percent (38) of the companies have increased employment in last 3 years. 17.G. Eleven percent (12) experience a decreased in employment over the last 3 years. 18.F. The good news is that forty six percent (50) of the companies will be increasing their current employment levels in the next 2 years. 18.G. Only two percent expect to have a decrease in employment over the next 2 years. 18.J. Ten companies (9%) indicated that they are considering relocation of their facility in the next two years. 19. Of those companies that indicated that they are considering relocation, 50% said they would locate in the North Metro with two companies looking to relocation out of Minnesota. 20. Of those companies that are considering relocation, one will be moving in 6 months, one in one year and the remaining in one to three years. Location Factors: 21. Roads, Property Taxes and Facility Space were the three top factors that companies considered in making a relocation or expansion decision. Following close behind were State Income Tax and Sales Tax, Workers Compensation, Unemployment Insurance Costs and the Permit Process. Other factors noted that were not listed include visibility and access off Highway 10 and the freeway and positive business climate. 22. The top two reasons companies noted for relocating outside the City were Incentives from other cities/states and Minnesota Business Climate. Other factors noted that were not listed include local City hassles and zoning/land use incompatibility.