Greater Richmond Partnership recognized by Site Selection magazine

Published May 5, 2015 by Jessica Sabbath

Site Selection magazine has named the Greater Richmond Partnership to its list of the top 10 economic development groups in 2014.

The list is part of the magazine’s annual Best to Invest rankings.

The economic development groups list was determined by jobs, capital investment, jobs per capita and investment per capita in 2014. The magazine also considered the creativity of economic development strategy, scope of project activity and the ability to document the link between the group’s efforts and results.

“This year’s Top U.S. Economic Development Groups are recognized for their ability to leverage their community’s assets to reach new markets while making sure existing industries have what they need to thrive,” Patty Rasmussen, senior editor at Site Selection magazine, said in a statement.

Other groups cited are from Charlotte, N.C.; Chattanooga, Tenn.;, Chicago; Cincinnati; Houston; Louisville, Ky.;, Nashville, Tenn.;, Pittsburgh and Spartanburg, S.C.

Each group could submit three projects that generated impact on the community. The Greater Richmond Partnership’s project list included: Stone Brewing, 288 jobs; Shandon Tranlin Paper Co., 2,000 jobs; and Teleperformance, 500 jobs.

The Shandong deal in Chesterfield also made the magazine’s list of Best to Invest Top Deals of 2014 for North America.

Virginia was edged out of the top 10 ranking for Site Selection’s Top Competitive States of 2014. In the previous two years, Virginia had ranked 10th.

North Carolina was named the to the top of the list.