N.C. Ranks First in the Nation for Small Metro Business Growth

North Carolina placed first in the nation in Site Selection magazine’s annual ranking of states with small metropolitan areas having new and expanded corporate facilities. The Greensboro-High Point area topped the magazine list for the second consecutive year because of 30 new and expanded corporate facility projects recruited in 2007. The Raleigh-Cary area tied for sixth with 25 projects and Rocky Mount tied for sixth nationwide with 9 projects.

Site Selection publisher Conway Data Inc.’s rankings are based on states with the most new and expanded corporate facilities. To qualify, a project must include a capital investment of at least $1 million, create 50 or more jobs or involve new floor space of at least 20,000 square feet. The full article appears in the magazine’s March issue and can be found at www.siteselection.com.