Owensboro ties for 8th in Economic Development Activity for Small Metros
The Greater Owensboro region tied for 8th in the latest rankings by Site Selection magazine for economic activity among small metro areas. Owensboro tied Bowling Green and five other regions with populations under 200,000 people with six qualified economic development projects in 2008. Qualified projects include those that meet at least one of three criteria: (1) involve a capital investment of at least $1 million, (2) create 50 or more jobs, or (3) add at least 20,000 square feet of new floor space. Kentucky ranked 9th in the edition's annual Governor's Cup competition among states.
Site Selection publisher Conway Data has showcased the annual Governor’s Cup rankings since 1978. Its yearly analyses are regarded by corporate real estate analysts as “the industry scoreboard”. The magazine’s circulation base consists of 44,000 executives involved in corporate site selection decisions.