Midwest eyed as safer business spot amid rising climate risks

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.

Related coverage:

• As climate risks grow, more Americans are moving to the Midwest
• Midwest experiences winter warmth disrupting life and economy
• Climate change exacerbates spring planting anxieties for Midwest farmers