Press Room

Rural Revival

“”Mike Hickey, president of Hickey & Associates (a site selection consulting firm), has had plenty of experience with rural communities, and he believes that outsourcing has a more positive than negative effect on rural communities. According to Hickey, now that much of the major transition form an industrial-based U.S. economy to a service- and technology-based economy has transpired, there are many features that have made rural communities attractive for certain types of industries: quality of life, labor force, education, and cost of doing business to name a few. He also mentions that many rural communities are benefiting from “insourcing” –...
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Pine Tree firms beginning to reap benefits

Two years after then U.S. Rep. John E. Baldacci set out a seven-point economic package during his run for governor, Maine businesses and communities are starting to chalk up benefits from what once was a campaign promise. The bundle of state-proffered tax, wage and investment incentives called the Pine Tree Zone program moved forward June 30 with a deadline for communities wanting to apply for Pine Tree Zone status, and with the July 1 roll-out of new program benefits. Aimed specifically at communities hamstrung by low wages and high unemployment, the program, since April has certified more than 100 communities...
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Forbes Magazine: Maine’s Pine Tree Zone Program Off To A Fast Start

Michael Hickey, president of Hickey & Associates, a site selection firm in Minneapolis, Minnesota, confirmed that Maine’s marketing efforts are working. “I think Maine is more and more on the radar screen for site selectors,” he said. “Public incentives that help reduce the cost of doing business, and that include a commitment by the company to create new jobs, are a key part of economic development. More companies are looking to small towns and cities for relocation provided the demographics and the infrastructure are there. ” The certified Pine Tree Zone companies include one that develops health assessment software, another...
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Back to the USA: Rising Stars

The sleeper theme in this country is rural America. According to Michael Hickey, president of Hickey & Associates, a site selection consultant based in Minneapolis, small towns with a population of around 300,000 (outside the MSA for a city) are attractive for several reasons. They are sleeper communities because first, they have a very solid work and worth ethic. They also usually have an available labor source. And no matter where you are, they usually have a good community college to help train and develop people in conjunction with the company. He notes that to attract companies, however, rural areas...
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