The Bowling Green Area Chamber of Commerce kicked off the new year with notable rankings by economic development entities that showcase their success in relation to similar communities across the entire U.S.
Among metropolitan areas with populations less than 200,000, the city of Bowling Green ranked 6th on Site Selection’s Top 10 Metro Areas for New and Expanded Facilities in 2013. This ranking is based on projects that involve a capital investment of at least $1 million, creates at least 50 new jobs or adds at least 20,000 SF of new floor area.
“The Bowling Green area has seen explosive growth in recent years. In 2013, we experienced the largest announced capital investment by a new firm that we have seen in more than a decade, as well as the largest total announced capital investment for the year. Rankings from premier economic development publications such as Site Selection are a testament to what this area has to offer,” stated John Mark Fones, Chamber Board Chairman. “It is truly an honor and we are grateful for the continued support and collaboration we receive from the community that allows us to receive such acknowledgement.”
Site Selection magazine is published by Conway Data, Inc. and is the senior publication in the corporate real estate and economic development fields. Their yearly analyses are regarded by corporate real estate analysts as the “the industry scoreboard.”
As a further salute to the Chamber’s success, Bowling Green was also featured in Southern Business & Development’s “Ten More Shining Examples of Economic Development that’s working in the South” list in the Winter 2014 edition released at the end of February.
The rankings highlight a record-setting year in economic development for the region. In 2013, South Central Kentucky experienced a capital investment of more than $260 million and the creation of over 400 new jobs.
Bilstein North America, a German-based, cold-rolled strip steel manufacturer also announced their intentions to locate their production plant and U.S. Headquarters to Bowling Green, bringing in the largest capital investment by a new firm in the Commonwealth for 2013.
“South Central Kentucky offers a multitude of benefits to companies that are looking to locate or expand their operations. The decision of international companies to establish their headquarters here is one of the many reasons leading publications in the field are now recognizing Bowling Green and surrounding areas for their accomplishments,” stated Mayor Bruce Wilkerson.
“Bowling Green and Warren County experience success because of the collaboration that exists in this community,” stated Judge Executive Michael Buchanon. “When you add the partnerships that take place between organizations like the Chamber with local and regional elected officials to the benefits that our region has to offer, there really is no better place to do business. What better way to celebrate than with recognition of top national rankings in two such highly regarded publications?”
The Bowling Green Area Chamber of Commerce has received recognition from numerous print and online publications in the past including Forbes Magazine, National Geographic Magazine and CNNMoney.com. This is the fourth ranking the Chamber has received from Site Selection since 2005.
“It is an honor to receive such esteemed recognition for our economic development success each year,” stated Ron Bunch, President & CEO of the Bowling Green Area Chamber of Commerce. “Not only do we continue to hit the mark that gets us on the same lists each year, but as we go above and beyond our previous accomplishments, new publications like Southern Business & Development are taking notice. I would like to extend our sincere appreciation to Mayor Bruce Wilkerson and the City Commission, as well as Judge Executive Michael Buchanon and the County Magistrates for their continued partnership and support.”
For more information on Site Selection, visit www.siteselection.com.
For more information on Southern Business and Development, visit http://www.sb-d.com/.