The Rochester Region has been named a "5-Star Business Opportunity Metro" by Expansion Management magazine's annual "Mayor's Challenge" competition, details of which are published in the magazine's current issue.
"This ranking by Expansion Management magazine is just another indication that the Rochester Region is becoming a premier place for companies to do business," said Dennis Mullen, interim President and CEO of Greater Rochester Enterprise (GRE), an economic-development organization dedicated to revitalizing the Rochester regional economy. "This recognition is also a sign that our region's collaborative economic development and marketing efforts are educating and influencing site-selection experts — the people who help companies looking to expand or relocate."
The ranking is based on numerous surveys conducted by the magazine's research department throughout the year that compare communities based on a wide variety of characteristics important to corporate site selectors, including college educated workforce, public education, healthcare costs, quality of life, taxes and government spending, logistics infrastructure and overall reputation among site selectors.
According to the magazine, the "5-Star" designation represents the "gold standard" for cities. It is awarded to the top 20 percent of metro areas, and cities that earn this distinction can rightfully consider themselves to be "among the elite," the magazine stated.
Greater Rochester Enterprise (GRE) is a public-private partnership established to professionally market the Rochester metropolitan region as a competitive, high-profile place for business location and growth. Its efforts support business attraction and expansion, as well as entrepreneurship and innovation. GRE collaborates with businesses, universities, not-for-profit organizations and government leaders to ensure a unified approach to regional economic development. For more information, please go to www.RochesterBiz.com.
For additional information contact:
Staci Henning, Director, Marketing and Public Relations
Greater Rochester Enterprise
Megan Connor Murphy, PR Manager
Dixon Schwabl Advertising