South and South Atlantic Metros Emerge as Leading Locations
A focus on workforce has placed metros in the South and South Atlantic regions among this year’s leading locations, although past metro leaders still make an appearance.
Q4 2019
Newcomers in the top 30 of this year’s rankings highlight a shift away from Pacific and Mountain region’s dominance. In 2016 and 2017, one community from the South and South Atlantic regions made the top 20. In 2018, there were none. But 2019 sees seven metros in the top 20, and 11 in the top 30, from these regions.
Familiar locations, such as the San Francisco area MSA, make up the top tier. And Reno, Nev., a mainstay in the top 20 since 2015, climbed three spots to the No. 1 ranking. But the top 20 looks much different after that. Decatur, Ala., leapt from No. 373 to No. 11, and its neighbor to the east, Huntsville, Ala., came in at No. 13 — a jump of 100 spots from last year. South Carolina also placed two metros in the top 20: Spartanburg (No. 8) and Hilton Head Island-Bluffton-Beaufort (No. 12). Both made significant climbs at No. 74 and No. 215 respectively from 2018.
Sometimes the new recruitment press release doesn’t live up to the hype. That doesn’t appear to be the case in Alabama, where a slew of investments in the rocket industry over the last few years are now registering on economic indicators. Decatur is No. 1 in economic strength, No. 3 in five-year economic growth, and No. 5 in year-over-year growth.
Spartanburg is benefiting from a diversified industrial economy resulting in manufacturing job growth (8.1 percent from 2015 to 2017) and low unemployment (3.3 percent in 2018). The approach of expanding on a core industry, in this case automotive, again is proving successful. Spartanburg has methodically climbed the ranks since 2016 (No. 137).
While a definite shift occurred in the rankings, it can’t yet be called a trend. The next few years will be telling if the South and South Atlantic can maintain their growth.
Project Announcements
Titan Mechanical Plans Defiance, Ohio, Fabrication Operations
06/12/2025
Ireland-Based Linde Plans Brownsville, Texas, Operations
06/12/2025
Canadian-Based Torvan Medical Plans High Point, North Carolina, Headquarters-Production Operations
06/12/2025
Amazon Web Services Plans Richmond County, North Carolina, Operations
06/12/2025
Rolls-Royce Expands Mankato, Minnesota, Manufacturing Operations
06/12/2025
StandardAero Component Services Expands Sharonville, Ohio, MRO Operations
06/12/2025
Most Read
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Get Your Mega Site ‘Project Ready’
Q2 2025
-
Why Cold Storage May Defy the Tariff Crunch
Q2 2025
-
Navigating the new era of SCIF construction
Q1 2025