News & Press
Georgia Awarded for New Job Growth
AREA DEVELOPMENT MAGAZINE RECOGNIZES EXCELLENCE IN ECONOMIC DEVELOPMENT
5th Annual Gold & Silver Shovel Awards Celebrate Success in Job Creation and Positive Economic Impact
Area Development Magazine’s Annual Shovel Awards recognize state economic development agencies that drive significant job creation through innovative policies, infrastructure improvements, processes and promotions that attract new employers as well as investments in expanded facilities. The Gold Shovel is presented annually to the state that has achieved the most success in terms of new job creation and economic impact.
For the Silver Shovel Awards, states are compared only to other states in their tier based on population. Texas, Michigan, and Florida are winners in the over 10 million population group. Georgia, Tennessee, and Indiana are awarded Silver Shovels in the 5 to 10 million population category; and Louisiana, South Carolina, Kansas, and Alabama are honored in the under 5 million population group.
Each of the 50 states was invited by Area Development to submit information about its top-10 job creation and investment projects. Only those projects that began to materialize in 2009 were considered. Based on the number of high-valued added jobs per capita, amount of investment, number of new facilities, and industry diversity, Area Development awarded the Gold Shovel to the state with the highest weighted score overall.
“In these trying economic times, economic development agencies are working harder than ever to grow their states’ businesses,” said Geraldine Gambale, Editor of Area Development. “Every year there are a few standouts, and these 11 states deserve special recognition for their efforts.”
A full review of this year’s Shovel Award winners will be published in the June/July 2010 issue of Area Development and is posted online at http://www.areadevelopment.com/awards
Area Development is published bi-monthly and has more than 45,000 executive subscribers. It also has a very active custom publishing group and maintains several highly visited websites, which can be reached through www.areadevelopment.com.