Annual Award Recognizes Achievements in Job Creation and Economic Impact
NASHVILLE – Tennessee has once again ranked among a best in mercantile expansion by Area Development magazine, a heading executive announcement covering corporate site preference and trickery planning. The Volunteer State, along with Texas, South Carolina and Utah, were named a winners of a magazine’s 2012 Gold Shovel Awards, presented annually to states that have achieved poignant success in terms of pursuit origination and mercantile impact. Tennessee perceived a Gold Shovel endowment in 2009 and Silver Shovel awards in 2006, 2010 and 2011.
Tennessee is also famous by Area Development as a 2011 Economic Development Project of a Year for a $235 million General Motors devise in Spring Hill that is approaching to emanate 2,350 jobs.
“This endowment speaks volumes to Governor Haslam’s care and instruction for a department,” Bill Hagerty, commissioner, Tennessee Department of Economic and Community Development, said. “In 2011, we had a second best year of pursuit origination on record, surfaced usually by 2007, during a tallness of a bubble. We almost reorganized a dialect and had some-more staff on-the-ground recruiting than ever before. In receiving awards like a Gold Shovel, it shows a new mercantile expansion devise is agreeable industry-leading results.”
Area Development’s annual Gold and Silver Shovel Awards commend state mercantile expansion agencies that expostulate poignant pursuit origination by innovative policies, infrastructure improvements, processes and promotions that attract new employers and investments in new and stretched facilities. Only mercantile expansion projects instituted in 2011 were deliberate for a award. Tennessee perceived a Gold Shovel Award in a 5+ to 9 million race category.
“As a economy solemnly recovers, communities are going to good lengths to attract new businesses and to assistance their existent corporate adults to enhance their business,” Geraldine Gambale, editor, Area Development, said. “The states receiving 2012 Shovel Awards merit special approval for their efforts.”
A full examination of this year’s Gold and Silver Shovel endowment winners will be published in a Summer Executive Survey emanate of Area Development and is posted online during www.areadevelopment.com/awards.
About a Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s goal is to rise strategies that assistance make Tennessee a No. 1 plcae in a Southeast for high peculiarity jobs. The dialect seeks to attract new corporate investment in Tennessee and works with Tennessee companies to promote enlargement and mercantile growth. Find us on a web: tn.gov/ecd. Follow us on Twitter: @tnecd. Like us on Facebook: facebook.com/tnecd.
Media Contact: Shannon Sumrall, ECD
Office: (615) 253-4897