BR ranked No. 2 among US cities for new and expanded facilities in 2014; La. No. 9 among states
With announcements of 38 new or expanded facilities, Baton Rouge tied with Dayton, Ohio, as the nation’s No. 2 city with a population of between 200,000 and 1 million for the most project announcements in 2014, according to trade magazine Site Selection’s annual Governor’s Cup awards.
Meanwhile, with 200 announcements of such projects—either involving $1 million in investment, creation of 20 or more jobs or 20,000 square feet or more of new construction—Louisiana’s ranking rose two spots to No. 9 on Site Selection’s ranking of the states. When ranking the states for new or expanded corporate facilities per capita, Louisiana ranked No. 3, unchanged from last year.
The rankings were released today.
Texas sits atop the rankings for total project announcements last year with 689. Site Selection says that placed the Lone Star State well ahead of runners-up in the Governor’s Cup facility race: Ohio is second with 582, followed by Illinois (394), North Carolina (313) and Georgia (311).
For metro areas with populations between 200,000 and 1 million, only the Greensboro-High Point, North Carolina, area ranked higher than Baton Rouge. The area recorded three more new or expanded projects than Baton Rouge and Dayton last year. For metro areas with 1 million or more people, Chicago ranked No. 1 with 385 projects, followed by Houston (265) and Cincinnati (196).
Baton Rouge is the only Louisiana city in Site Selection rankings, which also track metro areas with fewer than 200,000 people. The magazine has been issuing its Governor’s Cup awards and rankings since 1988, based on Conway Data Inc.’s New Plant Database. See the complete rankings.