Texas and Kentucky on top with Site Selection’s Governor’s Cups
NATIONAL — In its March issue, Site Selection magazine declared Texas and Kentucky as the winners of its 2015 Governor’s Cups – Texas for the most number of total qualifying economic development projects and Kentucky for total projects per capita.
Both Texas and Kentucky will retain their Governor’s Cups after having won it for their 2014 projects, but both states have also improved on their projects tally.
Texas racked up 702 projects in 2015, up from 689 in the previous year. Kentucky likewise had 285 in 2015, up from 258 the previous year.
One more continuing winning streak in the rankings was demonstrated by Ohio, which has retained its second place showing in the total projects category for four years running now. But it managed 517 projects in 2015, which is down from 582 the previous year. Also, Ohio dropped down to third place in the per capita category, with Nebraska jumping up from 28th place in 2014 to second place in 2015 for its projects tally per capita.
These rankings are based on Conway Inc.’s Projects Database. Qualifying projects must meet one or more of these criteria for inclusion in the database – a minimum capital investment of $1 million, 20 or more new jobs created, and 20,000 or more square feet of new space.
Source: Economic Development HQ