Tennessee has once again ranked among the best in economic development by Area Development, a leading executive magazine covering corporate site selection and facility planning.  
     The Volunteer State was named the winner of the magazine’s Silver Shovel Award, presented annually to states who have demonstrated much success and progress with job creation and economic impact.
     “It is an honor to again be recognized by Area Development magazine for our state’s success in economic development and creating high-skilled, better-paying jobs for Tennesseans,” said Governor Phil Bredesen.
     Area Development’s Annual Shovel Awards recognize state economic development agencies that drive significant job creation through innovative policies, infrastructure improvements, processes and promotions that attract new employers as well as investments in expanded facilities. Only economic development projects announced in 2009 were considered for the award. Tennessee, along with Georgia and Indiana, was winner of the Silver Shovel Award for states with a population of 5 – 10 million.  
     “2009 was a great year for the State of Tennessee and for our department,” said Commissioner Matt Kisber of the Tennessee Department of Economic and Community Development. “Under Governor Bredesen’s leadership we have welcomed many new companies to the state and helped existing businesses expand, both of which mean a brighter future for our residents.”
     The magazine’s annual Gold and Silver Shovel Awards recognize state economic development agencies that drive significant job creation through innovative policies, infrastructure improvements, processes and promotions that attract new employers and investments in new and expanded facilities.  
     “In these trying economic times, economic development agencies are working harder than ever to grow their states’ businesses,” said Geraldine Gambale, Editor of Area Development. “Every year there are a few standouts, and these states deserve special recognition for their efforts.”
     Complete details on the Gold and Silver Shovel Award winners will be published in the June/July 2010 issue of Area Development and is posted online at http://www.areadevelopment.com/awards.
 

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