Site Selection Magazine Released Rankings This Month
Chicago remains a city where businesses and their employees can thrive. This month the city for the sixth year in a row was named top metro area in the nation for corporate relocation and investment by Site Selection Magazine.
The magazine talked to many of the heavy hitters in the state including the Governor and his sister. “I talked to both former Commerce Secretary Penny Pritzker and Governor J.B. Pritzker for our March issue,” says Site Selection Managing Editor Adam Bruns. “I was already familiar with just how much entrepreneurial and neighborhood development momentum there is in the City of Chicago, as well as all the logistics, manufacturing and life sciences activity in the Greater Chicago area — that’s what earns metro Chicago our No. 1 ranking so frequently, after all. But they made it abundantly clear how much more work there is to do in the days and years to come, whether it’s boosting the tech economy and keeping more young talent in the region through WBC’s programs and organizations like P33, bringing renewed focus to socio-economic inclusion and equity, making the necessary infrastructure investments to keep the goods and people moving, or strengthening international business ties.”
World Business Chicago who has worked for the last 20 years to bring economic development to all parts of the city was thrilled to once again receive this honor. “The announcement from Site Selection magazine once again proves that our hard work to grow Chicago’s economy and bring jobs to the city is not just working, but succeeding on an unparalleled scale,” said Andrea Zopp, President and CEO of World Business Chicago.
“The announcement from Site Selection magazine once again proves that our hard work to grow Chicago’s economy and bring jobs to the city is not just working, but succeeding on an unparalleled scale.”
-Andrea Zopp, President and CEO of World Business Chicago
A key source for the corporate relocation community, Site Selection magazine focuses on new corporate facility projects with significant impact, such as headquarters, manufacturing plants, R&D and logistics sites. In order to be considered, new facilities and expansions must meet at least one of three Site Selection criteria: (a) capital investment of at least $1 million, (b) create at least 20 new jobs or (c) add at least 20,000 square feet of new floor area. Site Selection is published by Conway Inc., which is headquartered in Atlanta, GA.