SB&D 100 Introduction and Methodology
We can't think of a better way to judge a state's attractiveness to industry than to count and identify the companies making significant financial commitments to that state. That's what we do with the annual SB&D 100. We count the number of companies making public commitments of 200 jobs or more and/or $30 million or more in investment. We feel very strongly that major corporate announcements are a better measure of a state's willingness and ability to accommodate a project than any other measure that's available.
All announcements found in the SB&D 100 were made public by a representative of the company. Job and investment totals are those that have been projected by a company spokesperson over a three-year period. Only new, expanded and relocated manufacturing and selected service projects are eligible for the ranking. Government projects such as prisons and military bases are eligible; however, retail, lodging and some entertainment-based announcements are not. Real estate investments such as office buildings and industrial parks are not eligible.
Ten points are earned for each SB&D 100 announcement and five points are given for each JMD (just missed deal). This year's SB&D Job 100 threshold is 300 jobs -- the 100th deal -- so all announcements made of 300 jobs or more earned 10 points. Five points are given for announcements of 200 to 299 jobs.
This year's SB&D Investment 100 threshold is $101 million. All deals announced of $101 million or more earned 10 points. Deals announced from $30 million to $100.99 million earned five points. Category rankings include State, Mega-Market (3 million-plus population), Major Market (750,000-2.99 million), Mid-Market (250,000-749,999) and Small Market (under 250,000).
EDITOR'S NOTE: Performances are not indicative of a state or market's overall economy. The rankings are based on securing large projects of 200 jobs and/or $30 million or more in investment only.