The location factors of industry can be classified into three types: site factor, operation factor and socio- economic factor.
I. Site
A: Land attributes
Normally manufacturing industry is desire for favorable land attributes, e.g. extensive flat land, cheap labour, cheap land price, mild climate, gentle relief, good infrastructures and amenities, likes water, power supply and sewage system. Different industry and type of firms require different land attributes. For example for heavy industry, it requires extensive flat land. Flat land with cheap land price favors development of the industry. Another example is high- tech industry, it usually sets up head offices and development centers in suburban areas rather than city centers. This is because suburban areas have got basic utilities and amenities. Quality workers like to work in suburban areas where environment is nice. Manufacturing activities follow them. The building and land price are cheaper in suburban areas which allows the production scale to expand. The research and development centers are usually located near universities and research institutes to gain access to new ideas associated with scientists and researchers.
B: Communication system
Communication system refers to 2 aspects. Firstly, it is about the efficient transport network for the flow of material and people. Secondly, it is about a well- established telecommunication system. A site with good communication system has always been chosen for manufacturing industry. Warehouses and distribution centers have to be located near main roads, airports, and ports, etc. Head offices are preferred to locate in city centers which have well established telecommunication network, so that it can exchange information with bunch offices and production plants efficiently.
II. Operation factor
Operation factors are about particular locations in the regions' manufacturing activities possible benefits from the easy access to market, client, labour, raw material, management, and power.
A: Access to raw material
The Midwest became an industrial center due to its abundant natural resources such as iron ore, coal, and timber that supported industrial growth. The region also had a central location with access to major waterways and transportation networks, making it an attractive location for manufacturing and industry to thrive. Additionally, the growth of agriculture in the Midwest provided a steady workforce and market for industrial goods.
Usually, the state comes before the country when specifying a location. For example, "California, USA" or "Tokyo, Japan." The state provides a more specific geographical location within the larger country.
The influence of geographic factors in England was most evident in the development of its naval power and maritime trade. England's location as an island nation with a deep-water coastline allowed for the growth of a strong navy and facilitated trade and exploration. The country's proximity to mainland Europe also influenced its political relationships and strategic alliances.
Factors influencing the location of a textile mill include proximity to raw materials such as cotton or wool, access to transportation for shipping finished products, availability of skilled labor, cost of land and utilities, as well as government regulations and incentives. Additionally, factors such as market demand, competition, and infrastructure also play a role in determining the ideal location for a textile mill.
Islands can have a variety of land uses, including residential areas, commercial developments, tourism infrastructure, agricultural land, protected natural areas, and industrial zones. The specific land use of an island depends on factors such as its size, location, natural resources, and human population.
Industrial location theory studies the factors influencing the choice of location for industries, such as transportation, labor supply, and market proximity. It aims to understand why industries cluster in certain areas and the impact of location decisions on business performance and regional development. By analyzing these factors, industrial location theory helps businesses make informed decisions about where to locate their operations.
Industrial location analysis typically attempts to determine the optimal location for a new industrial facility based on factors such as proximity to resources, transportation infrastructure, labor availability, market demand, and cost considerations. By analyzing these factors, companies can make informed decisions about where to establish their operations to maximize efficiency and profitability.
George Michael McManmon has written: 'The factors and process of industrial site selection' -- subject(s): Industrial location, Industrial sites
The need for river water to generate power
Industrial markets are often divided on the basis of organizational variables, such as type of business, company size, geographic location, or technological base.
what factors increased industrial power
P. J. McDermott has written: 'Industrial organisation and location' -- subject(s): Electronic industries, Industrial location, Industrial organization, Location
factors determining office location
A. C. Lea has written: 'Location-allocation systems' -- subject(s): Bibliography, City planning, Industrial location, Industrial priorities, Location, Location of Industries, Planning
The New Industrial State was created in 1967.
Henry L. Hunker has written: 'Columbus, Ohio' -- subject(s): Geography, History 'Factors of industrial location in Ohio'
The median annual wage for industrial-organizational psychologists was $96,270 in May 2020, as per the Bureau of Labor Statistics. However, salaries can vary based on factors like education, experience, location, and industry.