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FOR IMMEDIATE RELEASE
WELD COUNTY RANKS HIGH AS BEST FOR DOING BUSINESS TODAY
Date: July 15, 2008
Contact: Larry Burkhardt
356-4565
The Greeley/Weld MSA (Metropolitan Statistical Area) has been
identified as #25 in a list of 335 MSAs in the country in the
INC.com annual list of Best U.S. Cities for Doing Business Today.
The rankings were created and released in conjunction with
NewGeography.com.
In releasing the study results, a statement from Praxis Strategy
Group states: The Inc.com Best Cities list focuses on short and
long-term job growth. It tells us precisely not just where jobs are
being created a sure sign of economic vitality-- but where the
momentum is shifting. For entrepreneurs, this suggests what may be
the best places to locate or expand your business.
Lists like the Inc.com inventory provide valuable information to
leaders in cities that make the list and especially those who don't,
or who are categorized differently than they hoped, says Delore
Zimmerman, President of Praxis Strategy Group. It permits them to
gauge their local economy's performance against hundreds of others
across the nation.
In fact, the Inc.com study is the latest of several recent studies
that has identified the Greeley/Weld MSA as one of the country's top
economic performers.
In March of this year, Forbes Magazine identified the area as the #1
MSA in the country for 5-year income growth. In November, 2007, the
Milken Institute pointed to Greeley/Weld as #10 in the nation for
1-year job growth.
During 2007, Weld County primary employers created more than 2,000
new jobs a number that most in the country would envy. To this point
in 2008, there have been two major corporate announcements in Weld
County. The first was from AVA Solar, which announced that 180-200
manufacturing jobs would be locating in the unincorporated area of
Weld County near Firestone and Frederick. The second was Leprino
Foods, which announced in June that the company would be
constructing a 400,000 square foot processing facility in Greeley,
and creating at least 260 jobs.
According to Upstate Colorado Economic Development, recent interest
in Weld County locations from employers has been high. The nonprofit
economic development agency suggests it is likely that additional
corporate announcements will be made in the second half of 2008.
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