La. ranks 25 on Site Selection ‘business climate’ list
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Louisiana ranked No. 25 in Site Selection magazine’s Top Business Climates for 2009, down three slots from the previous year.
North Carolina ranked first, followed by Texas, Virginia, Ohio, Tennessee, South Carolina, Alabama, Georgia, Indiana and Kentucky.
Half of the rankings were based on performance in Conway Data’s New Plant Database, which tracks new and expanded business facility activity. Louisiana ranked ninth in this measure for the first eight months of 2009, compared to No. 28 for 2008.
Half of the rankings are based on a survey of corporate site seekers across the country. The survey asked, “Based upon your experience, what are the top 10 state business climates, taking into consideration such factors as lack of red tape, financial assistance and government officials’ cooperation?”
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