NC 7th in Site Selection magazine’s latest ranking
03/07/2014 9:59 AM
02/15/2015 10:39 AM
North Carolina ranked seventh for the second consecutive year on Site Selection magazine’s ranking of states awarded the most economic development projects in 2013.
Texas again finished first in the rankings, the third consecutive year it has done so. It was followed by Ohio, Illinois, Pennsylvania, Michigan and Georgia.
North Carolina’s seventh-place finish the past two years is a drop from its No. 4 ranking in 2011 and No. 6 ranking in 2010. In November, Georgia replaced North Carolina in the top spot in Site Selection’s list of Top Business Climates for 2013.
To be counted in Site Selection’s rankings, an economic development project must meet one or more of these criteria: a minimum capital investment of $1 million, 20,000 square feet of new construction, or creation of 50 or more jobs.
North Carolina had 223 qualifying projects last year, while Texas topped the list with 657.
Staff writer David Bracken
Join the Discussion
News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.