Commonwealth of Virginia
Office of Governor Bob McDonnell
FOR IMMEDIATE RELEASE
August 1, 2011
Contact: Jeff Caldwell
Phone: (804) 225-4260
E-mail: Jeff.Caldwell@Governor.Virginia.Gov <mailto:Jeff.Caldwell@Governor.Virginia.Gov>
Virginia Ranked No. 1 in Economic Growth Potential in Business Facilities' 2011 State Rankings Report
Report Cites Governor McDonnell’s Executive Order #1, Creating Economic Development and Jobs Creation Commission
Business Facilities Editor-in-Chief Jack Rogers: "Virginia has staked a claim as a national center for advanced manufacturing."
RICHMOND – Business Facilities has ranked Virginia best in the nation in economic growth potential in its 2011 State Rankings Report. The rankings are based on an assessment of incentives programs, availability of a skilled workforce, growth strategy, cooperation between business, government and higher education and the growth potential of the location’s targeted industries.
The report cites Governor McDonnell’s executive order no. 1, which established the Chief Jobs Creation Officer and the Economic Development and Jobs Creation Commission, saying “In one of his first acts after he became the state’s chief executive last year, Gov. Bob McDonnell issued an executive order creating a state Economic Development and Jobs Creation Commission as part of his mission to improve the state's business climate.”
The Economic Growth Potential in Business Facilities’ 2011 State Rankings Report is available online at http://www.businessfacilities.com/news/2011-rankings-report-va-la-top-field-in-growth-potential.php