Texas ranks high on corporate facilities list

Texas has placed second on a list of U.S. states with the most new and expanded corporate facilities.
Ohio topped the 2008 Site Selection Governor’s Cup list for the third year in a row and the fourth time in the past six years. Ohio had 503 projects, compared to Texas’ 497. Michigan was a distant third with 296 projects.
The data is tracked by Conway Data Inc.’s New Plant database and published in the official publication of the Industrial Asset Management Council. It does not include retail and government projects, or schools and hospitals.
To qualify, new facilities or expansions must involve a capital investment of at least $1 million, or create at least 50 new jobs or add at least 20,000 square feet of new floor area.
Though Texas placed second, the state’s Tier 1 metropolitan areas (with populations over 1 million) dominated the list. The Houston-Baytown-Sugar Land area ranked first with 179 new and expanded facilities, and the Dallas-Fort Worth-Arlington Metroplex was second with 156.Houston Business Journal - by Ford Gunter Reporter

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