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May 2, 2011

Charlotte Chamber Named Among
Top 10 Economic Development
Groups in the Country Two Years in a Row

For the second year in a row, the Charlotte Chamber of Commerce has been named by Site Selection Magazine to its Top Economic Development Groups of the year. The award was presented today during a ceremony at the Industrial Asset Management Council’s spring 2011 Professional Forum in Albuquerque, New Mexico. 

“If overcoming adversity is the path to success in economic development, then the Top Groups of 2010 wrote the book on it,” said Ron Starner, general manager of Site Selection publisher Conway Data and author of the report. “ the challenge, and more, last year. What these groups have in common is a commitment to the long, arduous task of pursuing the fundamentals of sound economic development, and they are willing to invest considerable resources to get the job done.”  

Local economic development groups were first ranked according to four objective categories: new jobs, new jobs per 10,000 residents, new investment amount and new investment per 10,000 residents. Then they were scrutinized for more subjective attributes — among them innovation, leadership and customer service.

The Charlotte Chamber was selected for this honor for its successful recruitment work in 2010 that included projects with Siemens Energy, ABB, SPX Corporation, Babcock & Wilcox, BAE Systems, Celgard, Husqvarna, Combi, Anderson America, American Red Cross, Citco Fund Services, Clariant, Hewitt Associates, ProFlowers and Saertex. Additionally, the Siemens Energy project received an honorable mention from Site Selection for the Top Ten Largest Deals in the U.S. in 2010.

“We are both thrilled and proud to be selected for this prestigious national award yet again,” said Bob Morgan, president of the Charlotte Chamber. “Despite the tough economic turn the last two years, our economic development team has worked tirelessly to bring projects from across the globe to Charlotte. Those announcements have led to a significant number of jobs and thus further interest from other companies.”

The Charlotte Regional Partnership was also named among the Top 10 groups.

For more information contact:
Natalie Dick
Charlotte Chamber of Commerce
704-804-9653
ndick@charlottechamber.com 


SITE SELECTION MAGAZINE is a leading publication in the area of corporate real estate strategy and area economic development. It is the official publication of the Industrial Asset Management Council, and is distributed globally to more than 44,000 industry executives.

Charlotte Chamber | 330 South Tryon Street | Charlotte, NC 28202 | 704.378.1300 | www.charlottechamber.com

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