In addition to Knoxville getting high marks for an individual cities' achievements, Site Selection Magazine has honored Tennessee and Governor Phil Bredesen in its Governor's Cup rankings.
Tennessee had the third highest total of new or expanded capital projects in the previous year in the United States.
Ohio had the most projects, 399, followed by Illinois with 362 and Tennessee with 293.
According to the state's website, Bredesen said, “This is good news for Tennessee, and confirms that our state continues to build on its reputation as one of the most business-friendly states in the country. Site Selection’s Governor’s Cup rankings reflect Tennessee’s commitment to driving economic growth and developing a world class workforce through education and training.”
Rhonda Rice, Executive Vice President of the Knoxville Chamber, told the Knoxville News Sentinel that, "Any time that you can show that your state and your region (are) doing well, it's a great message to sell to other potential companies that might be looking to relocate to the area or that might be considering expansion."
Read the story on the State of Tennessee's economic and community development website.
Knoxville has captured a top-10 ranking for its population in the annual Site Selection Magazine's top metros. The list ranks cities by the number of corporate facility projects during that year.
Tennessee was tied for second place in the list of states with most top metros.
For its population range (200,000 to 1 million), Knoxville was tied for tenth place with Lexington, Ky., with 22 corporate facility projects in 2007.
Nashville was among the top ten in the over-1-million population group. Morristown and Johnson City, Tenn. were both in the top 10 in the under-200,000 population group.
Read the article from Site Selection Magazine about the top metros.
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