- Capitalizing on Miami’s ‘talent advantage’
- May 12, 2017 | Author: Jaret L. Davis
- Law Firm: Greenberg Traurig, LLP - Miami Office
The key to the future success and growth of major metropolitan areas like Miami-Dade County is retaining and further developing talented students and workers. More companies are choosing locations for establishing or expanding operations based on the availability of talent rather than the traditional draws of infrastructure and low business costs.
One example is General Electric’s move to relocate its global headquarters to Boston from Fairfield, Connecticut last year largely due to the area’s available tech talent despite the high cost of living. In Miami, a qualified workforce helped keep global aviation distributor KLX Aerospace Solutions here rather than relocating to Memphis or Phoenix.