CINCINNATI — Regional economic development organizations REDI Cincinnati and BE NKY Growth Partnership share recognition on behalf of the Cincinnati region as 2023 Mac Conway Award for Excellence in Economic Development award winners, which Site Selection magazine presents annually to the 20 top local and regional economic development organizations in the U.S. The ranking focuses on success in job creation and capital investment projects within the organizations’ respective regions.
“The collective teams from REDI and BE NKY continue to elevate the southwest Ohio/northern Kentucky region,” said Kimm Lauterbach, REDI Cincinnati president and CEO. “Site Selection honoring our two organizations for the ninth-straight year is a testament to the longevity and sustained success we have demonstrated in bolstering our economic vitality through job growth and capital investment.”
“BE NKY Growth Partnership is honored to be recognized for the significant growth we bring to the Cincinnati region,” said BE NKY CEO, Lee Crume. “With our partner REDI Cincinnati, we are continuing to accelerate and diversify the economy of the Cincinnati region. The supply chain management sector added the most jobs in Northern Kentucky, primarily in the office market in 2022.”
Through the Mac Conway Award, Site Selection highlights the best local and regional economic development agencies nationwide. Six criteria, including total and per capita measures in projects, investment associated with those projects and job creation associated with the projects, are used to determine the top 20 organizations.
Ohio, Indiana and Kentucky were also recognized in Site Selection’s Prosperity Cup, which acknowledges state-level economic development in securing capital investment projects according to a 10-point index. Ohio ranked third on the list, trailing only North Carolina and Georgia, which respectively claimed the top two spots. After ranking seventh last year, the Buckeye State jumped four spots on the list. Indiana finished fourth for the second year in a row and Kentucky climbed one position into fifth.
Earlier this year, the Cincinnati region was honored with its 20th-straight recognition as a Top-10 Metro for corporate facility investment in Site Selection’s Governor’s Cup Award. Cincinnati ranked ninth in total projects and third in projects per capita.