Submitted by acohill on Mon, 12/03/2007 - 09:24
Here is an article about how Northrop Grumman is moving jobs to small towns and cities. The company reports that labor savings can be more than 40%--a substantial amount that pays off year after year, and more than covers the initial cost of moving facilities. One of the locations cited is the small Virginia town of Lebanon. Lebanon is a small town located deep in the heart of the Blue Ridge mountains, a good 30 minute drive from the interstate.
Why did Northrop Grumman put 600 jobs there? Lebanon had participated in a regional fiber project that assured Northrup they would have the broadband connectivity the firm needed to get its work done.
Hat tip to Ed Morrison's excellent economic development blog.
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