Establishing a new facility is a complex process that requires a large investment and detailed analysis of internal production needs, facility features and location requirements. Once the decision to move forward with the development of a new facility has been made, and the plant requirements have been defined (plot size needed, resources that must be accessible, quality of the workforce etc.), then the hunt for a site can begin with a detailed search, assessment and screening of all locations that may meet these needs.
Balancing the predetermined plant requirements with the economic, environmental, regulatory, social and technical factors is a challenge that cannot be underestimated; every variable from ensuring access to raw materials and skilled workforce, to ensuring the economic stability of the region play a part in plant selection.
In the below infographic we look at the overarching, crucial steps to site selection: