Fargo, N.D. (June 5, 2013) – Area Development Magazine recently ranked the Fargo Moorhead Metro #2 overall among mid-sized cities.
The Fargo Moorhead Metro also led or ranked high in the following categories:
- #1 Prime workforce growth
- #4 in economic strength indicators
Fargo ranked #2 in three additional areas
- economic strength
- recession busting
- “now” cities.
Area Development analyzed economic and work force data for 380 MSA’s to identify cities that are leading economic success. The overall ranking is based on 21 economic indicators. For the full Area Development story on leading MSA’s, go to http://bit.ly/11pTZhs.
North Dakota was one of 15 states to be chosen for a Silver Shovel Award thanks in part to some local projects including John Deere Electronic Solutions, a $22 million project in Fargo; Case New Holland, a $3 million project in Fargo; and Horsch Anderson, a $12 million project in Mapleton.
The report also cites Garden Creek II Plant in Watford City, a $345 million project and Ultra Green Packaging in Devils Lake, a $2.3 million project adding 400 jobs. Each state submitted ten projects that represented permanent economic growth according to Area Development officials.
Three gold and 15 silver shovels are awarded to states that have produced the best and most jobs per capita according to Area Development. North Dakota competed with other states with population of three million or less. For the full Area Development story on Gold and Silver Shovel Awards, go to http://bit.ly/13jEwQ0.
The GFMEDC strives to grow the economy of Cass County, N.D. and Clay County, Minn. by attracting, expanding and retaining primary-sector businesses. A primary-sector business is one that brings new dollars into a community through the sale of its products and services outside the trade area. The primary sector is the foundation of an economy and the principal driver of community growth and development.