2012 CiCi Awards Announced by Trade & Industry Development

March 14, 2012

2012 CiCi Awards Announced by Trade & Industry Development image

Corporate Development Investments total more than $11.6 billion; over 34,500 jobs created and retained

Trade & Industry Development, the leading magazine dedicated to site selection, has announced its 7th Annual CiCi (Corporate Investment & Community Impact) Awards.

The 30 recipients of the 2012 CiCi Awards helped create 26,605 new jobs, retain 7,902 jobs, and represent investments in excess of more than $11.6 billion. (This data is provided by respondents and includes estimations of future growth.)

“During a year when the U.S. economy grew only slightly, the 30 companies recognized by our 7th Annual CiCi Awards stand out as gleaming examples of where the growth occurred, said Scott D. Swoger, publisher, Trade & Industry Development magazine, and president, Due North Consulting, Inc. “The sum of the investments made by the CiCi Award recipients coupled with the economic impact they will have on the communities in which they are located will be transformational, Swoger asserted.

Swoger also noted that there is a broad spectrum of U.S. industries represented in the 2012 CiCi Awards, including manufacturing companies in the “green” energy industry, software/IT and a strong showing in the automotive and auto-related industries.

The CiCi Awards are unique in that they are a dual-awards program. The CiCi Awards not only highlight the largest corporate investment projects, but also recognize those projects that may not involve large investments, but make the most notable impact on communities. There are a number of criteria considered for the Impact division, including: number of new jobs created, number of current jobs retained, unemployment figures, income level of the region and plant closings.

According to the magazine’s editors, hundreds of submissions were received, from which only those that were announced and confirmed in 2011 were considered. The submissions were carefully scrutinized in both Corporate Investment and Community Impact categories, and the editors honed the selection to just 30 companies—based solely on verifiable information and without monetary influence. .

Winners of the 2012 CiCi Corporate Investment division are:

* IM Flash Technologies—Lehi, Utah

* Continental Tire the Americas—Sumter, South Carolina

* Ford Motor Company—Louisville, Kentucky

* Ford Motor Company—Kansas City, Missouri

* M&G Group—Corpus Christi, Texas

* Calisolar—Columbus, Mississippi

* Bridgestone Americas, Inc.—Aiken, South Carolina

* Stion—Hattiesburg, Mississippi

* Carpenter Technology Corporation—Athens, Alabama

* General Motors—Wentzville, Missouri

* Mercedes-Benz U.S. International—Vance, Alabama

* Horsehead Corporation—Forest City, North Carolina

* General Motors—Arlington, Texas

* Alcoa—Quad Cities, Iowa

* Severstal Dearborn LLC—Dearborn, Michigan

For the full article, Trade & Industry Development.