Staff Directory

Press Releases

Texas Repeats as Winner of Site Selection Magazine's Governor's Cup Awards

Posted on: 03/05/2018   |   Category: Press Releases

Atlanta, March 5, 2018: Texas and Nebraska have won the 2017 Site Selection Governor's Cups. This is the fifth year Site Selection recognizes the state with the most qualifying new and expanded facilities per capita, which Nebraska claims for its capital investment activity in 2017. Texas wins for having the most qualified projects of any state, and the Dallas-Fort Worth-Arlington metro was number 3 among metros with more than 1 million in population.

The 64-year-old Atlanta-based magazine has awarded the Governor’s Cup annually since 1988, based on new and expanded corporate facilities as tracked by the proprietary Conway Projects Database. Site Selection, published by Conway Inc., is the senior publication in the corporate real estate and economic development fields and is the official publication of the Industrial Asset Management Council (IAMC, at www.iamc.org). Site Selection's yearly analyses are regarded by corporate real estate analysts as "the industry scoreboard." The magazine's circulation base consists of 48,000 subscribers, most of whom are involved in corporate site selection decisions at the CEO/President/COO level.

The Lone Star State's 594-project finish for 2017 is down from its 642-project, first place finish last year (the state attracted 701 the year before). Ohio is second with 467 (down from 515), followed by Illinois (419), Georgia (281) and North Carolina (274), which along with No. 6 California and No. 7 Kentucky were the only states in Top 10 to show higher project totals than the year before. In the per capita (per 1 million population) contest, Nebraska’s tally of 110 projects was nine higher than the year before. Second-place Kentucky had a higher tally too, up by 17 projects to 248. In addition to placing No. 2 in the traditional rankings, Ohio placed third in the per capita race, followed by Illinois, Georgia and Iowa.

“The Governor’s Cups recognize not only the winning governors, but their entire economic development teams, and by extension, the many professionals throughout their states who work every day to attract new investment and retain and grow existing businesses,” says Mark Arend, editor in chief of Site Selection. “Governors Abbott of Texas and Ricketts of Nebraska credit their states’ workforces as their competitive edge and are taking steps to ensure their supply of labor continues to meet the requirements of investing businesses now and in the future.”  

Site Selection’s Conway Projects Database focuses on new corporate facility projects with significant impact, including headquarters, manufacturing plants, R&D operations and logistics sites, among others. It 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 20 new jobs or (c) add at least 20,000 sq. ft. (1,858 sq. m.) of new floor area.

A Top 10 list of areas in total projects are included below. All of the above stories are posted at the magazine's award-winning website, www.siteselection.com.

 

Top 10 Metro Areas: Tier One New and Expanded Facilities in 2017 (Metros with population over 1 million)

Rank

Metro

Totals

1

Chicago-Naperville-Elgin, Ill.-Ind.-Wis.

402

2

Houston-The Woodlands-Sugar Land, Texas

196

3

Dallas-Ft. Worth-Arlington, Texas

192

4

Atlanta-Sandy Springs-Roswell, Ga.

131

5

New York-Newark-Jersey City, N.Y.-N.Y.-Pa.

128

6

Cincinnati, Ohio-Ky.-Ind.

111

7

Columbus, Ohio

99

8

Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va

82

9

Indianapolis-Carmel-Anderson, Ind.

73

10

Los Angeles-Long Beach-Anaheim,  Calif.

72

<< Back to Recent News