Posted March 2, 200619 yr Ohio, Cleveland, Cincinnati rank high in business expansion cleveland.com 5:45 p.m. Site Selection magazine ranked Ohio first in the Midwest and second in the country in the number of new and expanded business facilities in 2005. The magazine tallied 598 projects for Ohio, trailing only Texas, with 842. Rounding out the top five were Illinois, Michigan and North Carolina. Greater Cleveland ranked eighth among the country's largest metro areas in number of projects. Cincinnati-Middletown ranked sixth. Ohio ranked first in activity in so-called micropolitan areas, which have populations of less than 50,000. To qualify for the ranking, a project had to involve capital investment of at least $1 million, create at least 50 new jobs or add at least 20,000 square feet of new floor area. The ranking doesn't track job growth or the number of businesses that leave the state.
March 3, 200619 yr The Site Selection stories can be viewed here: States: http://www.siteselection.com/issues/2006/mar/cover/ Metro Areas: http://www.siteselection.com/issues/2006/mar/p176/ Micropolitans: http://www.siteselection.com/issues/2006/mar/p184/
March 3, 200619 yr under the new csa definitions, is springfield its own metro, still apart of daytons, or a micro?
March 3, 200619 yr ^ Springfield (Clark County) is its own metro now. Ohio's micropolitan areas: Ashland Ashtabula Athens Bellefontaine Bucyrus Cambridge Celina Chillicothe Coshocton Defiance East Liverpool-Salem Findlay Fremont Greenville Marion Mt. Vernon New Philadelphia-Dover Norwalk Point Pleasant (WV-OH) Portsmouth Sidney Tiffin Urbana Van Wert Wapakoneta Washington CH Wilmington Wooster Zanesville
March 3, 200619 yr Micropolitan areas can be ajoined to a metropolitan area. Much like Wilmington is ajoined to Cincinnati's CSA and Ashtabula is ajoined to Cleveland's CSA. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
March 3, 200619 yr Normally, the value of these rankings and a $1.50 will get you a one-way ride on the Rapid. But I consider this one a little different. Site Selection Magazine is one of those publications I respect for the information and insight. This is a ranking worth being proud of. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
March 3, 200619 yr This only shows expansions only, it does not show how many plants has closed. I wouldn't weigh too much into it.
March 3, 200619 yr This only shows expansions only, it does not show how many plants has closed. I wouldn't weigh too much into it. Is that how we are to reconcile this list with all the others that show us having crap for economic growth?
March 3, 200619 yr This only shows expansions only, it does not show how many plants has closed. I wouldn't weigh too much into it. I'm pretty sure those stats are covered by Plant Closures magazine. :weird: But in all seriousness, why should a magazine like Site Selection care about business closures? They're weighing the desireability of a given market to new business. That's a better "leading economic indicator" of a region's business climate than a closure, which can be caused by a myriad of factors, most of which have little to do with a region's business climate. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
March 3, 200619 yr Ohio tops rankings for new, expanded facilities Construction in the metro Cincinnati and Cleveland areas helped propel Ohio to the top of Site Selection magazine's rankings for states with the highest number of new and expanded business facilities. The magazine's annual survey ranked Ohio as first in the Midwest, and second in the country, based on the number of new and expanded facilities that involve an investment of at least $1 million, create at least 50 new jobs, or add at least 20,000 square feet of floor space. The Cincinnati-Middletown area ranked sixth among metropolitan areas with 115 new projects, and the Cleveland-Elyria-Mentor area ranked eighth with 101 projects. The largest project in the state is a $144 million distribution facility being built by Procter & Gamble in Bath Township, Allen County, near Lima. That is expected to create 250 new jobs. http://cincinnati.bizjournals.com/cincinnati/stories/2006/02/27/daily51.html
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