BRAC named a top ten economic development organization for the third year in a row
POSTED: Tuesday, April 24, 2012 - 5:00am
UPDATED: Tuesday, April 24, 2012 - 5:04am
Baton Rouge, La — The Baton Rouge Area Chamber (BRAC) today was named one of the nation’s top ten economic development organizations (EDOs) for 2011 by Site Selection magazine. This is the third year in a row that BRAC has been recognized for this distinction which puts the organization in the same category as EDOs from other large cities that frequently are included on the list such as Chicago, Dallas, Houston, and Charlotte. Site Selection is a highly respected and widely read publication focusing on economic development activities throughout the United States. It is used as a reliable source of information for many site selection consultants. The ranking, which does not designate a specific position within its listing, is based on four objective categories: new jobs, new jobs per 10,000 residents, new investment amount, and new investment per 10,000 residents, as well as subjective attributes, including innovation, leadership, and customer service.
“It is an incredible recognition for our investors, our parish and state partners, and our tremendous staff that BRAC has been named one of the top ten economic development organizations in the U.S. by Site Selection for a third year in a row,” said Adam Knapp, BRAC’s President and CEO. “Maintaining BRAC’s position on this list proves that our efforts have been targeted, consistent, and focused on excellence. Our regional economy is strong, and the Capitol Region is one of best places in the country for starting new business activity. This makes it possible for BRAC to excel.”
In 2011, BRAC assisted on fourteen project wins. These new projects secured 949 jobs and generated over $44.6 million in payroll and approximately $244 million in new capital investment.