Cincinnati #3 among U.S. cities in company growth and relocation
Site Selection ranks the top U.S. cities for economic activity, based on the number of companies expanding or relocating, and Cincinnati is third behind Chicago and Houston. There were 196 expansion/relocation projects in Greater Cincinnati in 2014, according to the rankings.
Site Selection magazine and website has unveiled its ranking of the top U.S. cities for economic activity, based on the number of companies expanding or relocating, and Cincinnati ranks third behind Chicago and Houston and ahead of Dallas and Atlanta. There were 196 expansion/relocation projects in Greater Cincinnati in 2014, according to the rankings.
The report includes a nice feature section about Cincinnati under the headline “All-Star Success in an All-Star City.”
“Several years ago Major League Baseball selected Cincinnati to be the site of the 2015 All Star Game,” the article says. “But the city on the banks of the Ohio River has been a top choice for companies for long time and last year it climbed three spots, from number six to number three, among Site Selection’s Top Metros.”
The section highlights decisions by ThyssenKrupp Bilstein and Empower to expand in this region instead of moving out and quotes Johnna Reeder, president and CEO of the Regional Economic Development Initiative (REDI): “While other regions fought to hang on during the 2008 recession, Cincinnati doubled down with investment in infrastructure and housing. It’s created an environment where new companies are moving to town and expanding. Cincinnati is hot right now.”
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