Findlay and Seneca County have been placed in the top 10 nationally for new and expanding facilities by Site Selection magazine, the official publication of the Global FDI Association and the Industrial Asset Management Council.
For the fourth consecutive year, Findlay has been ranked the top micropolitan community in the U.S. while Seneca County placed 10th for the second year in a row.
The magazine ranked 575 of the nation’s micropolitan areas, cities of 10,000 to 50,000 people which cover at least one county. Qualifying projects must involve a capital investment of at least $1 million, create at least 20 new jobs or add at least 20,000 square feet of new floor area.
“Four years in a row as top small city in America is an emphatic endorsement of Findlay, its favorable business climate and its aggressive approach to economic development. The Findlay formula is a model that other cities, big and small alike, would do well to emulate,” said Gary Daughters, Senior Editor Site Selection Magazine.
The Findlay-Hancock County Economic Development Office compiled and submitted 21 projects that met Site Selection’s qualifying criteria. Among those that qualified were the Campbell Soup Distribution Center, representing a $44 million investment, Valfilm’s 40,000 square foot plant expansion, a $6 million investment and AutoLiv Nissin Brake System’s new 216,000 square foot facility, a $70 million investment.
“The Findlay Formula has resulted in a pro-business environment making it easy for companies to invest,” said Findlay Mayor Lydia Mihalik. “The fact we have been ranked No. 1 four years in a row demonstrates to investors that we are ready for them. Wins like AutoLiv Nissin, Campbell Soup, Valfilm, could choose anywhere in the world and North America, we are thankful they chose Findlay.”
“Economic Development has broadened its purpose to now include: Retention and Expansion, Attraction, Downtown Findlay, Small Business, Workforce and Community Planning,” said Tim Mayle, Economic Development Director. “2017 was a record year for job creation and construction by Site Selection Magazine’s metrics. Findlay also saw the construction of two hotels, a 100,000 square foot spec building, two multi-family residential communities and a new business school at the University of Findlay.”
This is the sixth year in a row that the Tiffin-Seneca micropolitan area has ranked in the top 100 nationally and the fifth year for ranking in the top ten percent.
Six Seneca County projects qualified for Site Selection, including projects by American Fine Sinter, Treves, OCECO, Mennel Milling and an industrial speculative building in the Eagle Rock Business Park.
“The momentum continues, and businesses keep expanding, locating and starting up in our community. We are proud of this ranking,” said Tiffin Mayor Aaron Montz.
“Fostoria and Seneca County are demonstrating that we are a great place to do business,” Fostoria Mayor Eric Keckler added.
Seneca County Commission President Mike Kerschner agreed, stating, “We are establishing a track record of success that business finds attractive, and we look forward to more good things to come.”
This year, Ohio ranked as the number two state for development projects and the entire Northwest Ohio region posted strong numbers, with Findlay taking the number one micropolitan slot, Defiance tying with Seneca County for tenth, and Toledo ranking seventh in its division.
“Northwest Ohio continues to be an economic development powerhouse,” said Dean Monske, president and CEO of the RGP Northwest Ohio in Toledo, the regional economic development organization for Northwest Ohio. “We congratulate the Toledo metro area, Findlay, Defiance and Tiffin on their national success.”
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