Industrial market challenges: Project pace, scramble for resources, ESG goals

This episode—part of a series of conversations with IMEG’s market leaders—features Kelly Altes, the firm’s industrial market leader. Kelly discusses the firm’s industrial teams’ areas of expertise— agriculture, aerospace, automotive, food and beverage, chemical, pharmaceutical, and general manufacturing—as well as challenges facing industrial clients. These include the pace of project delivery, the lengthy process of capital expenditure decisions, and the push to bring manufacturing back to the U.S. She also talks about the difficulty of meeting and funding ESG and corporate sustainability goals and the importance of master planning to help clients achieve those goals over manageable periods time. “I'm actively talking with clients about the importance of master planning,” she says. “As with any big problem, you break it down into small chunks. So, we've worked with a number of clients on yearly capital expenditures that we can look at over a five-, 10-, 15-, or 20-year period to try to help them with that decarbonization process.”