Businesses are Relocating to the South
We have seen the posts about Americans moving at a rapid pace to areas in the South & West that have better all-around climates. A new report from FOX Business says the “Sun Belt” is becoming a hot spot for business relocation. Companies all across the fruited plain are cutting costs by moving south. They point out how this race towards the South is actually fueling a housing boom in Texas,
Jeff Holzmann is the CEO of IRM Services, an asset management company. He says the move from The New York-New Jersey area to Dallas has saved the company millions in under two years. “I would say that on a per-foot basis, per employee we pay about 60% down here in Dallas where I am today compared to what we would pay in New Jersey, and it’s even less if we were comparing to our New York City/Manhattan offices,”
Click here to read the full story at FOX Business.
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