In the Wheeling MSA, RED offers lower operational costs compared to the U.S. average and major metropolitan centers in the areas of competitive labor, utilities and total annual costs. Part of the I-70 Corridor between Pittsburgh and Columbus, the RED region is an attractive location for companies and entrepreneurs searching for premier value in a lower cost market.
Companies considering relocating business to the RED region could expect cost savings of approximately:
- 10% – 15% relative to the national average
- 25% – 30% relative to major urban centers (i.e. San Francisco, New York)
Source: Deloitte Consulting Shared Services Capability Assessment (2006)
The RED region offers:
- Low structural operating costs (competitive labor, real estate, and utility costs) in a cost comparison with the U.S. average and major metropolitan centers
- High-quality work force
- Employee loyalty (low turnover), strong work ethic, and dedication to the company
- Demonstrated ability to successfully support a multi-functional Shared Services Center (Orrick, Herrington & Sutcliffe LLP, Williams Lea / TAG)
- Reliable and robust utility infrastructure
- Responsiveness and demonstrated ability to structure real estate transactions
- Responsiveness and willingness of the public sector to support projects
- Streamlined permitting process
- Low natural disaster risks