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BIRMINGHAM, Ala. (March 10, 2011) - Trade & Industry Development, the leading magazine dedicated to site selection, has announced its 6th annual CiCi (Corporate Investment & Community Impact) Awards.
"Despite a slowly rebounding economy, the 2011 CiCi Awards showcase 30 impressive projects indicating positive economic growth across the country," said Scott D. Swoger, publisher of Trade & Industry Development magazine and president of Due North Consulting, Inc. "From Foreign Direct Investment to innovative, new domestic companies to blue-chip corporations recognized worldwide, we have seen significant developments throughout a broad range of industries. Each of these projects has a unique story to tell."
According to the magazine's editors, hundreds of submissions were considered, concluding with 30 winners for the two categories - Corporate Investment and Community Impact. The only stipulation for each nomination - the project announcement had to be finalized in the previous year.
The CiCi Awards are unique in that it is a dual-awards program. It not only highlights the largest corporate investment projects, but also recognizes those projects that may not involve large investments, but made the most notable impact on communities. There are a number of criteria considered for the Impact division - i.e., number of new jobs created, number of current jobs retained, unemployment figures, income level of the region and plant closings.
The 30 recipients of the 2011 CiCi Awards helped create 19,116 new jobs, retain 9,420 jobs, and represent investments in excess of $15.4 billion. (This data is provided by respondents and includes estimations of future growth.)
Trade & Industry Development serves executives within specific vertical industries. Its mission is to help companies perpetuate success by providing clear and crucial insight into the challenge of site selection and facility planning. By working with thought leaders and experts in various fields, Trade & Industry Development provides actionable content that is both innovative and forward-looking. It is committed to being a valuable and trusted partner for C-suite executives, corporate real estate professionals and site consultants, enabling them to make the best possible decisions - for themselves, their companies and their shareholders. www.tradeandindustrydev.com.
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