March 17, 2004—Ohio has won the 2003 Site Selection Governors Cup, which the 50-year-old Atlanta-based magazine awards annually to the U.S. state with the most new and expanded corporate facilities as tracked by Conway Data Inc.s New Plant database. Conway Data publishes Site Selection, the oldest publication in the corporate real estate and economic development field, and the official publication of the Industrial Asset Management Council.
New Plant focuses on new corporate location projects with significant impact. Site Selection does not track retail and government projects, or schools and hospitals. New facilities and expansions included in the analyses must meet at least one of three criteria: (a) involve a capital investment of at least US$1 million, (b) create at least 50 new jobs or (c) add at least 20,000 sq. ft. (1,858 sq. m.) of new floor area.
Rounding out the top five states are New York with 552 projects, Texas (489), Illinois (451) and Michigan (448). Site Selections March issue also carries other rankings based on Conway Datas New Plant Database. The Top Metros for new and expanded facilities in 2003, for example, were Chicago (a third consecutive first-place finish), New York City and Detroit, Mich. Other metro areas in the top 10 are Dallas-Fort. Worth, Texas; Philadelphia, Pa; Minneapolis-St. Paul, Minn.; Indianapolis, Ind.; Cincinnati, Ohio; Columbus, Ohio; and Cleveland, Ohio. In the magazines Top Small Towns ranking, Traverse City, Mich., took top honors, followed by Plattsburgh, N.Y., Bowling Green, Ky., Mooresville, N.C., and the Illinois towns of Danville and Effingham.
For more information, visit Site Selection.
