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West Chester plays pivotal role in Ohio's Governor's Cup Award

March 19, 2012  |  West Chester Ohio's Governor's Cup Award

WEST CHESTER, OH (FOX19) - West Chester Township played an important role in Ohio’s recent win of the 2011 Site Selection Governor’s Cup. The Atlanta-based magazine has awarded the Governor’s Cup annually since 1978 to the state with the most new and expanded corporate facilities.


Site Selection magazine is the senior publication in the corporate real estate and economic development field with a circulation of 44,000 executives involved in site selection decisions.


Ohio demonstrated 498 qualifying corporate projects in 2011 as part of its application to Site Selection, up from the 376 projects that were reported in 2010.
Thirty-six of the qualifying projects statewide are in West Chester Township and nearly 32 percent of the Greater Cincinnati region’s total projects submitted were in West Chester.


Site Selection’s recognition process focuses on new corporate location projects with significant impact. It does not consider retail and government projects, or schools and hospitals. According to Site Selection magazine, projects must meet at least one of the following criteria: at least 20,000 square feet of new construction or absorption of existing space; 50 new jobs created; or a minimum of $1 million invested.


In 2011, nearly 3,600 new jobs were created in West Chester and nearly 8,200 jobs were retained as a result of expansion of existing companies here.


In 2011, six new manufacturing firms located in West Chester bringing a total of approximately 400 manufacturing jobs to the community. Another five manufacturing firms grew their companies here, retaining about 300 jobs and creating additional 250 or so jobs in the manufacturing arena.


Everything from complex pharmaceuticals and medical devices to adhesives, armor coating for vehicles, specialty copper wires, radar detectors, and more are now made in West Chester.

 

Submitted by Fox19, Neighborhood Reporter, KKinley

Thursday, March 15th, 2012, 4:34pm