Site Selection magazine: Louisville best Ohio River metro for economic development

Louisville has claimed the top spot in Site Selection Magazine’s annual analysis of economic development in metro areas along the Ohio River.

After tying with Cincinnati last year, the Derby City is ranked No. 1 with 70 projects totaling $2.25 billion in investment and 4,302 jobs. The result comes from an index of corporate end-user facility investment data entered into Site Selection’s proprietary Conway Projects Database over an 18-month period.

Site Selection mentioned the $450 million investment at GE Appliances, a Haier company, which wrapped up this year. As Business First previously reported, three of the park’s five major plants have received significant upgrades over the past two years with new top-load washer models and four-door refrigerators added as well as new assembly lines and fabrication equipment. Louisville Business First

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Author: William Randle