It has been announced that Site Selection magazine awarded Ohio its 2011 Site Selection Governor's Cup for being the state with the most "new and expanded corporate facilities," SiteSelection.com reports. Ohio also won this prestigious economic development ranking in 2006, 2007, 2008, and 2009. During the last year, the state saw a 32.5 percent increase in projects that involved a capital investment of at least $1 million, created at least 50 jobs, or added at least 20,000 square feet of new floor area. For more, read the full story here.
In other 2011 Site Selection news, in the category of metro areas with a population over 1 million, the Cincinnati/Middletown MSA ranked 6th in the nation in projects secured. In the category of metro areas with a population of 200,000 to 1 million, the Dayton MSA tied for 2nd with Tulsa, while Akron ranked 6th and Toledo tied for 7th. In the category of metro areas with a population less than 200,000, Springfield ranked 2nd and the Wheeling W.V./Ohio MSA leveraged a 4-way tie for 4th place with communities in Louisiana, Pennsylvania, and Virginia. For more information, read here.
Finally, Wooster, Ohio, with 21 projects, finished 2nd in the top micropolitan area in the country category to Statesville-Mooresville, N.C., with 28 projects. The U.S. Census Bureau defines a micropolitan area as a rural county whose largest city does not exceed a population of 50,000. For more information, read here.
Congratulations to the state of Ohio, all of the winning communities, public and private sector market participants, and most importantly, to all of the economic development officials that had valuable roles in securing these wins!
Site Selection magazine ranks Ohio first in 2011 business expansions
