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The Conway Projects Database stores more than 215,000 records on new corporate projects and facilities going back to 1989. Entries include location of the project, company name, product manufactured or services performed, NAICS code, type of facility and stage of development.
The database includes new or expanded facilities of the following types: Manufacturing, Distribution/Warehouse, Corporate Headquarters, R&D Labs, Data Centers/Call Centers, LNG Terminals, Ethanol Plants, Refineries, Tank Farms, and Mining Facilities.
Corporate facility planners use this information to guide them in determining site location activity and other factors. For those in the development business, reports of new plant locations constitute a scoreboard for contestants in a high-stakes game.
New construction MUST take place and meet one or more of the following:
Renovations to buildings qualify based on investment ($1 million or more) or employees (20 or more).
Renovations do NOT qualify based on square footage alone.
To qualify, leases, which include build-to-suit projects, must be for office or industrial purposes only, and must involve an investment of at least $1 million in lease costs (unless 50,000 square feet or larger), renovations or leasehold improvements.
Also, they must either:
A renewal only qualifies if it meets these same criteria.
Restaurants/Financial service company/Bank branches (Headquarters will qualify if meeting the General Qualifying Criteria.) • Retail including shopping malls • Museums • Elementary and secondary schools and other non-commercial educational facilities • Government facilities (other than infrastructure categories listed below) • Self-storage facilities • Purchases (Unless the project involves renovation and meets the General Qualifying Criteria.)
Airports • Arenas • Business parks and spec buildings • Container ports • Hotels, casinos, destination resorts, theme parks • Highway projects • Hospitals and other medical facilities • Intermodal transportation facilities • Power plants
To offer a more comprehensive picture of the global investment activity and local competitiveness, this report now includes capacity expansions.
Capacity expansions do not involve construction. They are investments that expand business or increase production capacity, such as the hiring of new employees, and the acquisition or update of machinery.
Project Indicators are the opening of new facilities that do not qualify for New Project criteria, or for which no details are available
This report includes motives for each investment whenever the information is available. This data guides the location selection process for corporate decision-makers and site selection consultants. They highlight the competitive features of a location and the reasons why it has been chosen in spite of competing locations.
In the noise of globalization, Conway now monitors signals that provide insight in corporate investment strategies. Lead Signals are intensely researched and analyzed pieces of intelligence that reflect a company’s intent and readiness to enter or expand its presence in new markets. They help uncover strategic opportunities early in a company’s decision-making process and provide leverage to develop proactive strategies ahead of the competition. Lead Signals are not guarantees of a company’s future investment, but they are clues revealed within the past six months that help our researchers and analysts predict the expansion plans of companies from all corners of the globe. Developing relationships with these companies before the expansion decisions are made is job #1 for economic development agencies.
Welcome to Beta* 1 of the Conway Analytics Report.
Over the next several months we will be adding new features daily; some may stay, some may change during this Beta Period. If you have any questions or concerns please email support at this email address: ConwayAnalyticsReport@conway.com
* Beta version: A pre-release of software that is given out to a large group of users to try under real conditions. Beta versions have gone through alpha testing inhouse and are generally fairly close in look, feel and function to the final product; however, design changes often occur as a result. (source)
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Conway Analytics Report Status is Beta 1 through September 14th. Our next phase is Beta release 2 where we will introduce more exciting visual elements, some elements will be dynamic and reflect information based on your current filter selection criteria.