Thursday, March 12, 2009

Great Lakes States Place Six of Ten in Governor's Cup Rankings for Biz Growth

Ohio won Site Selection magazine's Governor's Cup for the third year in a row and earned its fourth victory in the past six years; it won the 2003 award as well.

Ohio's 503-project finish narrowly edged runner-up Texas' 497 qualified projects. Michigan, Pennsylvania and North Carolina complete the top five finishers with 296, 290 and 245 projects, respectively.

Rounding out the Top Ten were New York, Virginina, Illinois, Kentucky and Indiana.

While many believe that southern and southwestern states are gaining the most new business investments, these Site Selection rankings prove that the Great Lakes region is where busineses are placing their money. A skilled workforce, central access to markets and improving regulatory environments have allowed the region to shed its "rust belt" image," said GLEDC president Rod Crider. More here.

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