Monday, March 9, 2009

Lewisburg Selected as one of Top Micropolitan Areas of 2008

Lewisburg was recently announced as tied for 65th of the Top Micropolitan Areas, according to the Conway Data New Plant Database, the official corporate facility tracking service of Site Selection magazine.
The ranking puts Lewisburg in the Top 100 out of nearly 700 micropolitan areas designated by the U.S. Census Bureau. According to the Bureau, a micro area is a largely rural economy that includes a city of at least 10,000 people but less than 50,000 and covers at least one county. Of the 3,141 counties in the U.S., 694 are classified as micro areas and account for about 10 percent of America's population.
Statesville-Mooresville, about a 40-minute drive north of Charlotte, North Carolina, has been ranked first or second by Site Selection every year but one since 1999 –an indication of the area's long-term economic strength. Tupelo, Miss., tied for second with Daphne-Fairhope, Ala., which each recorded 12 projects in 2008. Ottawa-Streator, Ill., and Batavia, N.Y., tied for fourth with 11 each, while Wooster, Ohio, finished sixth with 10.
Rounding out the top 10 micropolitans were last year's winner, Lexington-Thomasville, N.C., and Ashtabula, Ohio, which each tallied nine deals, followed by Wapakoneta, Ohio, with eight, and Adrian, Mich., and Lincolnton, N.C., with seven each.
Lewisburg’s projects with U.S. Tank and Cryogenics and Autom Church Supply tied it for 65th in the rankings along with Brownsville, TN. Columbia and Tullahoma tied for 41st each with 3 projects as Lawrenceburg and Dyersburg each tied for 26th with 4 projects.
Site Selection Online – The magazine of Corporate Real Estate Strategy and Area Economic Development.

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