The Shreveport-Bossier metropolitan statistical area tied for ninth in the nation for economic development for cities with populations 200,000 to 1 million, according to Site Selection magazine.
“My sole objective as mayor is to see us go up on good lists and go down on bad lists,” Shreveport Mayor Cedric Glover said. “It’s great to see us all coming together across jurisdictional, parish and regional lines to work as one. When we do that, we achieve great things.”
The Shreveport-Bossier MSA, which consists of Caddo, Bossier and DeSoto parishes, had 23 new or expanded corporate facilities in 2011.
“This national recognition is reflective of what our area has to offer business and industry,” Bossier City Mayor Lo Walker said. “This is outstanding news and serves as testament to our local government and business community’s combined efforts to strengthening the local economy by fostering an environment where businesses may flourish and create jobs.”
Shreveport-Bossier tied with Hickory, N.C., and Scranton, Pa., in the ranking. Baton Rouge was first. Rounding out the list were Dayton, Ohio, and Tulsa, Okla., tied for second; Allentown/Bethlehem/Easton, Pa./N.J., fourth; Harrisburg, Pa., fifth; Akron, Ohio, sixth; and Toledo, Ohio, and Greensboro, N.C., tied for seventh. “I guess our secret of northwest Louisiana is out,” said John Peak, chair of the North Louisiana Economic Partnership. “The world is finding out this is a great place to do business and live. It takes real leadership, and we are blessed with great leadership in northwest Louisiana.”
Officials attributed the ranking to politicians, business owners and professional organizations working together to bring in more projects and jobs. Cities were ranked based on the number of new corporate locations and expansion projects, which meet at least one of three criteria: a capital investment of at least $1 million, creation of at least 50 jobs or an addition of at least 20,000 square feet of new space.
Shreveport-Bossier ranked fourth on the list in 2010.