As climate change intensifies, companies across various industries consider relocating to the Midwest, where climate-related risks are perceived to be lower.
Kristoffer Tigue reports for Inside Climate News.
In short:
- A survey of 300 senior executives revealed that climate change is impacting businesses through increased costs, property damage and supply chain disruptions.
- Nearly half of respondents view the Midwest as a less risky location due to its mild climate and abundant natural resources, leading some companies to relocate.
- States like Michigan and Minnesota are attracting businesses with resilient infrastructure and incentives such as federal investments and climate-related funding.
Key quote:
"The evidence of climate change is growing like a crescendo. We’re certainly seeing it in our industry."
— Scott Thomsen, CEO of LuxWall, a Michigan-based window manufacturer
Why this matters:
As extreme weather events become more frequent, businesses seek stability in regions with fewer climate risks. The Midwest's natural advantages and supportive policies may increasingly shape migration trends and economic development.
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