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Home » Economic Development » Press Releases » 19th Annual Metro Rankings
Report: Manufacturing Hubs, Industrial Parks, Logistics Leaders
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19TH ANNUAL METRO RANKINGS REPORT: MANUFACTURING HUBS, INDUSTRIAL PARKS,
LOGISTICS LEADERS
Locations in the Midwest and across the South dominate these metro rankings
categories focused on making and moving goods.
June 29, 2023
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RED BANK, NJ — The resurgence of manufacturing investment into the United States
has the potential to strengthen economies at every level, with record capital
investment and job creation being touted in many locations across the nation.
Reshoring and FDI into the U.S. is reported to be at record levels, with
Kearney’s 2022 Reshoring Index finding 96% of American companies either have
shifted production or are evaluating a shift. The Business Facilities 19th
Annual Metro Rankings Report includes a look at top Manufacturing Hubs,
Industrial Parks, and Logistics Leaders.
This year’s rankings for Manufacturing Hubs include Large, Mid-Sized, and Small
Metros, for a total of 30 locations in the spotlight. The leader for Large Metro
is the Grand Rapids-Kentwood, MI MSA, which is recognized for diversifying its
manufacturing base in recent years in addition to job growth of 29.1% (2011-20)
and share of area employment (21% in 2020).
Other top large Manufacturing Hubs in this year’s rankings are: San
Jose/Sunnyvale/Santa Clara, CA; San Diego/Chula Vista/Carlsbad, CA;
Detroit/Warren/Dearborn, MI; San Francisco/Oakland/Berkeley, CA;
Nashville/Davidson/Murfreesboro/Franklin, TN; Portland/Vancouver/Hillsboro,
OR-WA; Raleigh/Durham/Cary, NC; Phoenix/Mesa/Chandler, AZ; and
Tulsa/Muskogee/Bartlesville, OK.
Mid-Sized Manufacturing Hubs are led by Vallejo, CA, which positioned near to
San Francisco has seen 114% manufacturing GDP growth between 2010-20. The other
mid-sized metros ranked are: Reno, NV; Palm Bay/Melbourne/Titusville, FL; Fort
Collins, CO; Ogden/Clearfield, UT; Mobile, AL; Toledo, OH; Flint, MI; Knoxville,
TN; and Fort Wayne, IN.
Small Manufacturing Hubs is led by Elkhart-Goshen, IN, a stalwart in this
sector. With a skilled workforce steeped in manufacturing tradition, the
location has also recently been noticed for its “workforce-readiness” for the
semiconductor industry. Rounding out the top 10 are: Columbus, IN; Kankakee, IL;
Tuscaloosa, AL; Lake Charles, LA; Twin Falls, ID; Kalamazoo, MI; Spartanburg,
SC; Bellingham, WA; and New London, CT.
> METRO RANKINGS: BUSINESS CLIMATE, TECH TALENT, CORPORATE HQ
>
> 2023 Metro Rankings reveal cities across North America that lead for Business
> Climate, Tech Talent, Corporate Headquarters, Food Processing, and Growth.
> Read more…
The Industrial Parks ranking is led by Elk Grove Village Business Park (Elk
Grove Village, IL), which once again takes the top spot. As the largest
industrial park in the U.S. with over 62 million square feet of inventory, more
than 5,600 businesses, and over 400 manufacturers, the site is testament to
community growth through supporting industry. The top 3 in this ranking also
includes Cedar Port Cedar Port Industrial Park (Baytown, TX), where a 1
million-square-foot spec warehouse is under construction due to demand; and
TexAmericas Center (New Boston, TX), offering in-house logistics services to
tenants.
The Industrial Parks ranking also includes: MidAmerica Industrial Park (Pryor,
OK); Camp Hall Industrial Park (Charleston, SC); Tahoe-Reno Industrial Center
(Reno-Sparks, NV); Quonset Business Park (North Kingston, RI); Great Southwest
Industrial Park (Dallas-Fort Worth, TX); CenterPoint Intermodal Center
(Joliet-Elwood, IL); and Tomball Business & Technology Park (Tomball, TX).
MOVING THE GOODS
The Logistics Leaders are ranked based on a variety of factors, including
existing infrastructure and strategic location while also looking at related
recent and planned improvements in the region. Memphis, TN retained its top spot
this year boasting the busiest cargo airport in the U.S. and the second busiest
in the world; the fifth largest inland port in the U.S.; the third busiest
trucking corridor in Interstate 40; and five Class I railroads. The top 3 also
included repeat rankings with New Orleans, LA and Louisville, KY, respectively.
Rounding out this ranking are: Chicago, IL; Moreno Valley, CA; Hampton Roads,
VA; Jacksonville, FL; Dallas-Fort Worth, TX; Nashville, TN; and Columbus, OH.
The full Annual Rankings Report will be published in the July/August 2023 issue
of Business Facilities. This includes State, Metro, and Global Rankings across
60+ factors pertinent to site selection teams.
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Previous articleTexas Economy Shines Brighter After 88th Session
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BF Staff
RELATED ARTICLESMORE FROM AUTHOR
WHY VIRGINIA? A Q&A WITH SECRETARY CAREN MERRICK
THREE COMPANIES TO INVEST OVER $320M IN HUNGARY
PRATT INDUSTRIES TO INVEST $500M IN PENNSYLVANIA
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RANKINGS & AWARDS
19TH ANNUAL RANKINGS: 2023 GLOBAL RANKINGS REPORT
Awards & Rankings August 9, 2023
Once again, the U.S. ranks as the top destination for foreign direct investment,
followed by China and Canada, in the 2023 Global Rankings Report.
BUSINESS FACILITIES’ 2023 METRO RANKINGS REPORT
Awards & Rankings August 9, 2023
Metro areas and cities of all sizes are recognized for attracting and retaining
businesses from numerous industry sectors in the 2023 Metro Rankings Report
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August 1, 2023
Centrally located in the thriving Dallas-Fort Worth Metroplex, Irving-Las
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1000 global headquarters per capita than any other city in Texas.
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BUSINESS FACILITIES FEATURED LOCATION SPOTLIGHT
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March 1, 2023
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