More Mergers and Acquisitions on the Way

It has only just begun; that is the merger and acquisition wave. Click here to read the February issue of the Association for Corporate Growth's Merger and Acquisition Magazine. There are telltale signs everywhere that more M&A deals are headed our way. What's driving this "tsunami" wave of M&A deals? In one word: globalization! That is, globalization of our major manufacturing and service industries.

What does this mean for companies in your backyard, or those you seek to lure from other places? Maybe your ED organization should hire an M&A specialist. That strategy may pay bigger dividends than hiring someone to manage your industry cluster program.