Terre Haute, IN (March 16, 2007)—More than 800 new jobs and more than $298 million in new investment over the past year gives Terre Haute/Vigo County, Indiana some serious bragging rights, particularly where advanced manufacturing investments are concerned.
For Tier Three Metros, comprising of populations between 50,000-200,000, Terre Haute joins four other cities in the U.S. for the 7th-place slot in Site Selection Magazine’s Governor’s Cup. The new tier systems for ranking the nation’s Top Metros for new and expanded facilities in 2006, is in keeping with a similar trend among corporations looking to mid-sized and small cities for projects. “Terre Haute is moving further and faster than ever before,” says Mayor Kevin Burke. “When it comes to recruiting quality jobs for working families, Terre Haute is A Level Above.”
Paul Mason, President of the Vigo County Commissioners says, “What we have achieved over the past year proves that Vigo County continues to be competitive and that we are continuing to grow and prosper.”
Among Terre Haute/Vigo County’s business expansion announcements was a $174 million expansion of the local Pfizer plant, which will create 450 new jobs. Pfizer joins six other companies located in Terre Haute/Vigo County, resulting in new and expanding companies for the 2006 year.
“Terre Haute/Vigo County clearly succeeded in 2006 because of our strong business climate,” says Steve Witt, President of Terre Haute Economic Development Corporation. “Terre Haute is the ideal location for a company to grow and prosper. Our community continues to maintain an aggressive economic development strategy.”
About Site Selection Magazines Governor’s Cup
Site Selection Magazine’s Governor’s Cup is awarded annually since 1978. This year also marks the debut of Site Selection’s new tier system for ranking the nations Top Metros for new and expanded facilities in 2006. To view Site Selection’s article, visit: www.siteselection.com
About the Terre Haute Economic Development Corporation
The THEDC works collaboratively with elected officials and community partners to leverage our area’s economic development efforts. It is accomplishing the objectives set forth in its mission statement—to promote job retention, job creation and business investment in the Terre Haute area. For more information on the THEDC visit our website: www.terrehauteedc.com
Site Selection Magazine Ranks Terre Haute 7th in Tier Three Metro's within the U.S.
