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Alabama Receives Area Development Magazine's Premiere Gold Shovel Award!


WESTBURY, N.Y. -- Over the last several years, much has been written about the outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  of jobs -- in both the manufacturing and service sectors -- to overseas locations. States that years ago competed just with their neighbors are now competing with nations around the globe. Fortunately, many companies are still opting to set up or expand operations at home. The editors of Area Development magazine wanted to acknowledge those states that have been among the most successful in securing these investments and to recognize their successes by establishing the annual "Gold Shovel" award.

To determine the recipient of the award, Area Development magazine editors contacted each state and asked for verifiable information about the 10 top job-creation and investments projects that were actually initiated in the state during 2005. Rather than acknowledge announced projects and potential jobs that are slated to occur (which many times fail to materialize ma·te·ri·al·ize  
v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es

v.tr.
1. To cause to become real or actual: By building the house, we materialized a dream.
), we collected data only on those projects that actually "broke ground," i.e., began construction or expanded a facility and initiated new hiring.

Each state was then rated based on the following five weighted factors: direct job creation numbers; new jobs per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals. ; amount of company investment; number of new facilities (either new to the state or at new locations within the state); and the number of projects creating high value-added jobs. With the highest weighted score, Alabama Alabama, indigenous people of North America
Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages).
 was selected to be the recipient of the 2006 Gold Shovel award.

States were compared only with those in one of three similar population categories. In each category, Area Development chose the states with the top three weighted scores to receive its runner-up Silver Shovel awards. In the under 3 million population category, Idaho tied with Iowa for a Silver Shovel award; Kansas and Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
 also received Silver Shovels. In the 3 to 10 million population category, Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). , Tennessee Tennessee, state, United States
Tennessee (tĕn`əsē', tĕn'əsē`), state in the south-central United States.
, and Virginia were the Silver Shovel award recipients. Illinois, Michigan, and Texas rated the highest in the over 10 million population field and received Silver Shovels.

Founded in 1965, Area Development (www.areadevelopment.com) is the leading executive magazine covering corporate site selection and relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
. Published bi-monthly, it provides valuable information about the factors and issues that affect a successful decision to its 45,000-plus executive subscribers.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2006
Words:372
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