March 05, 2013
Cincinnati USA: 8th in nation for new, expanded facilities
For the eleventh consecutive year, the Cincinnati USA Region has been ranked among the Top 10 metropolitan areas for attracting and growing new and expanded corporate facilities in 2012, while the State of Ohio led states within the East North Central division of Michigan, Illinois, Indiana and Wisconsin.
Site Selection magazine ranked Cincinnati USA eighth in the country in a list detailing the top large-metro areas, which focuses on areas of population of one million or more. Over the past 11 years, the region has produced more than 2,250 projects creating more than 98,000 new jobs and $19 billion in new investment. The ranking is based on primary research conducted by Site Selection and MSA-wide data submitted by the University of Cincinnati and the Cincinnati USA Partnership, the economic development initiative directed by the Cincinnati USA Regional Chamber.
In 2012, there were 145 known business projects in the three-state 15-county region that added or retained jobs, added investment or added square footage, 12,000 net new jobs and $1.5 billion in new capital investment. These increases are due in part to several projects, including dunnhumby, KAO Brands, Emery Oleochemicals, Koch Foods, Cincinnati Children's Hospital Medical Center and Mazak Corporation.
The annual New Plant Scoreboard published in conjunction with the Governor's Cup rankings features state rankings by region. For 2012, the regions were led by Pennsylvania (Northeast); Ohio (East North Central); Kansas (West North Central); Georgia (South Atlantic); Texas (South Central); Arizona (Mountain); and California (Pacific). The scoreboard featuring full regional rankings is included in the Governor's Cup cover story found at siteselection.com.
In the magazine's ranking of Top Micropolitans - cities of 10,000 to 50,000 people which cover at least one county - Statesville-Mooresville, N.C., was tops among the nation's 576 micropolitan areas for the ninth time in 11 years, followed by Findlay, Ohio; Lexington-Thomasville, N.C.; Wooster, Ohio; and Batavia, N.Y., and Shelby, N.C., which tied for fifth place. Ohio bested North Carolina and Tennessee as the state with the most Top Micropolitans.
Site Selection magazine, published by Conway Data Inc. since 1954, delivers expansion planning information to 45,000 subscribers, many of them employed by fast-growing firms. Site Selection is also available via Site Selection Online. Site Selection's growing family of e-newsletters includes the weekly Site Selection Dispatch and the following monthlies: The Site Selection Energy Report, The Site Selection Life Sciences Report, Site Selection International, The Site Selection Aerospace Report and, coming in March, The FDI Report.