By RONNIE ELLIS
CNHI News Service
FRANKFORT – An Atlanta-based publication has ranked Kentucky fifth in the nation for new and expanded industry activity in 2012.
Kentucky had 10 cities ranked in the top micropolitan list: Glasgow was tied for 23rd, along with Frankfort; Richmond tied for 30th; and Somerset tied for 45th.
Other cities on the list are Paducah (tied for 30), Union City, Ky./Tenn. (tied for 30), Campbellsville and Maysville (tied with Somerset for 45), Danville (tied for 86) and Murray (86).
Lexington rated seventh in the class for cities with populations of 200,000 to 1 million.
Site Selection has rated the states for such activity since 1978. Rankings are based on a state’s total number of qualified projects as tracked by Conway Date Inc.
Certified projects must meet at least one of three criteria: capital investment of at least $1 million; 50 or more jobs; and at least 20,000 square feet of new floor space. Kentucky had 196 projects that met one or more of those criteria.
Read the full report in Wednesday's print or e-edition of the Glasgow Daily Times.