B.R. gets another No. 1 ranking for corporate facility creation and expansion

For the second straight year, Site Selection magazine has given the Baton Rouge metro area top ranking for creation and expansion of corporate facilities. The No. 1 ranking for 2011 is among all U.S. cities with a population between 200,000 and 1 million. The magazine uses its “new plant database” to track business development projects with significant impact, defined as projects involving capital investment of at least $1 million, the creation of at least 50 jobs and construction of at least 20,000 square feet of new floor space. It does not track retail and government projects, schools or hospitals. Based on the criteria, Baton Rouge finished the year with 38 qualifying projects. “2011 was a great year, especially considering the continued economic instability worldwide,” says Baton Rouge Area Chamber President/CEO Adam Knapp. “The Baton Rouge area’s project pipeline is robust today, and we look forward to another great year for regional economic development.” See the full rankings and read the associated story from Site Selection here.