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Portsmouth, Ohio Named Top 10 Community for Corporate Investment

In Site Selection magazine's annual ranking of Top Micropolitans — cities of 10,000 to 50,000 people which cover at least one county — Portsmouth, Ohio and Scioto County finished in 10th place nationally with (6) total projects. 

Site Selection’s 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 $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.  Site Selection's yearly analyses are regarded by corporate real estate analysts as "the industry scoreboard."

Findlay, Ohio, was tops among the nation's 575 micropolitan areas, followed by Cullman, Alabama; Wooster, Ohio; Shelby, North Carolina; and a tie between Tupelo, Mississippi, and Batavia, New York. Ohio once again led as the state with most Top Micropolitans (18).

Top U.S. Micropolitans
New and Expanded Facilities in 2016

Rank Micropolitan Totals
1 Findlay, Ohio 22
2 Cullman, Ala. 19
3 Wooster, Ohio 17
4 Shelby, N.C. 11
T5 Tupelo, Miss. 10
T5 Batavia, N.Y. 10
7 Bardstown, Ky. 9
8 Martinsville, Va. 8
T10 Douglas, Ga. 6
T10 Jefferson, Ga. 6
T10 Wilson, N.C. 6
T10 Ogdensburg, N.Y. 6
T10 Celina, Ohio 6
T10 Defiance, Ohio 6
T10 Portsmouth, Ohio 6

“The Governor’s Cup is the most important ranking in the economic development field,” explained Southern Ohio Port Authority Executive Director Jason Kester.  “This award would not be possible without the support of the Scioto County Commissioners, the City of Portsmouth, Village of New Boston, and all of our corporate partners.  We had 9 “major” projects in 2016, all of which received some form of assistance from JobsOhio & APEG, the Southern Ohio Agricultural and Community Development Fund, AEP, or Fluor-BWXT.  Without their support and the commitment to our community by our local businesses we would not appear in these rankings.  We’re extremely proud of our community’s accomplishments.” 

Portsmouth City Manager Derek Allen commented, “The City of Portsmouth commends the Southern Ohio Port Authority on this prestigious recognition of their diligent efforts in promoting economic development in the Portsmouth micropolitan.  The leadership exhibited by the Port Authority staff and the collaborative partnership of the various local governmental bodies has made this ranking possible.”

“Being recognized in this way shows that our local/regional economic development model works,” explained Chairman of the Scioto County Commissioners, Bryan Davis.  “Through collaboration with the Southern Ohio Port Authority, our local workforce development organizations, and our local, regional, state and national Economic development and government officials, our area has made great strides in attracting business in a relatively short period of time. We want the world to know Southern Ohio is open for business!” 

Texas and Nebraska have won the overall 2016 Site Selection Governor's Cups. This is the fourth-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 2016. Texas wins for having the most qualified projects of any state.

The Lone Star State's 642-project finish for 2016 is down from its 701-project, first place finish last year but is comfortably ahead of the runners-up in the traditional Governor’s Cup facilities race: Ohio is second with 515, followed by Illinois (434), North Carolina (289) and Georgia (271). In the per capita (per 1 million population) contest, Nebraska’s 101 projects allowed it to claim the Governor’s Cup over defending champ Kentucky, which finished second with 231 projects. In addition to placing highly in the traditional rankings, Ohio’s 515 projects gave it a third-place finish in the per capita race. Louisiana (169) placed fourth, while 434 projects earned fifth place for Illinois.

The 63-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).  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.

Angela Duduit
Southern Ohio Port Authority
(740) 351-3322
aduduit@shawnee.edu

Mark Arend
Site Selection Magazine
(770) 325-3438

mark.arend@siteselection.com

Overall Top 10 States 2016 Governor's Cup Projects

Rank State Count
1 Texas 642
2 Ohio 515
3 Illinois 434
4 North Carolina 289
5 Georgia 271
6 California 250
7 Kentucky 231
8 Virginia 222
9 Pennsylvania 219
10 Michigan 184

Overall Top 10 States 2016 Per Capita

Rank State Count
1 Nebraska 101
2 Kentucky 231
3 Ohio 515
4 Louisiana 169
5 Illinois 434
6 Iowa 93
7 North Carolina 289
8 Alabama 132
9 Georgia 271
10 Virginia 222