Columbus Chamber Sees City Recognized as Top Metro Area for Business Expansion

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Site Selection Magazine ranks Columbus, Ohio 8th; Ohio Earns Governors Cup Award.

Not only are we in a better position to track these results, but our regional approach is managing prospective new businesses more efficiently and effectively

Columbus earned a spot in the ranking of the top 10 metropolitan areas for new and expanded corporate facilities, based on Site Selection Magazine's review of 2008 projects. The magazine ranks the Columbus region eighth among metropolitan areas with populations greater than one million.

"Columbus' regional, collaborative economic development approach makes this ranking possible," said Ty Marsh, president and CEO, Columbus Chamber of Commerce.

In 2008, more than 120 businesses entered or expanded in the Columbus region, committing to an investment of nearly $800 million and creating jobs for more than 15,000.

The Columbus Chamber launched a regional marketing strategy in 2007, invested in technology to coordinate prospect management and emphasize regional collaboration. Twenty communities now contract with the Chamber of Commerce through the Mid-Ohio Development Exchange for economic development services.

"Not only are we in a better position to track these results, but our regional approach is managing prospective new businesses more efficiently and effectively," said Marsh.

The State of Ohio won the Governor's Cup Award for the third consecutive year. The Atlanta-based magazine has recognized the state with the most new and expanded corporate facilities for more than 30 years. Ohio had 503 projects in 2008.

"Recognition as a top site for expansion is important to creating positive awareness of our region as a business destination," said Matt McCollister, vice president, economic development, Columbus Chamber. "The state's continued recognition through the Governor's Cup Award helps the state and our region."

Last month the Columbus Chamber released results from a survey of national business decision-makers that show an increase in awareness of the region over the past four years.

Site Selection magazine is the oldest publication in the corporate real estate and economic development field, and the official publication of the industrial Asset Management Council.
The magazine is circulated to 44,000 executives involved in corporate site selection decisions. Other Ohio cities, Cleveland and Cincinnati were also recognized. For the full listing visit: http://www.siteselection.com.

About The Columbus Chamber:

Led by a 35-member board of directors composed of the region's business elite, the Columbus Chamber of Commerce has more than 2,500 members. They include Fortune 500 giants Cardinal Health, Nationwide, Limited Brands and American Electric Power, as well as Big Lots Inc., the headquarters of Battelle (the world's largest private research institution) and hundreds of the region's most innovative and entrepreneurial small businesses. The Columbus Chamber leads and supports economic growth and development for the Greater Columbus community. Learn more at http://www.columbus.org/.

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Susan Merryman
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