Abstract
Location decisions play a crucial role in the firm success and are linked to their financial, environmental, and growth performance. This study emphasizes the importance of studying mountain regions as a location factor for manufacturing firms. It is estimated that over 12% of the Earth's surface is covered in mountains where over 550 million inhabitants live. To understand the impact of the mountain as a location; the economic and financial performance of manufacturing firms located in mountain regions is compared to the manufacturing firms located in non-mountain regions. The results indicate that manufacturing firms located in mountain regions have higher profit margins and labor productivity compared to their peers located in non-mountain regions. These results confirm the importance of elevation in location selection decisions and recommend that firms should consider operating manufacturing facilities in mountain regions.