Site Selection: Louisiana Fourth For Projects Per Capita
NEW ORLEANS – Site Selection magazine’s annual Governor’s Cup rankings has placed Louisiana fourth in the U.S. – up from sixth last year – for states that announced the most new and expanded corporate facilities on a per capita basis in 2016.
Louisiana ranked second among all Southern states, trailing only Kentucky on a per capita basis.
New Orleans, Baton Rouge and Alexandria were cited among high–performing metropolitan areas, with New Orleans ranking third for total projects along the Mississippi River corridor.
The Governor’s Cup rankings reflect yearly project totals as tracked by the Conway Projects Database. Qualifying projects must meet one or more of these criteria for inclusion in the database: a minimum capital investment of $1 million, 20 or more new jobs created and 20,000 or more square feet of new space.
Site Selection’s Top 10 States by Projects per Capita were:
1 – Nebraska
2 – Kentucky
3 – Ohio
4 – Louisiana
5 – Illinois
6 – Iowa
7 – North Carolina
8 – Alabama
9 – Georgia
10 – Virginia