Every year, the magazine surveys site selectors—the people who help companies decide where to build new facilities—to get their take on how easy or hard it is to do business in each state. Then it rates the states by tallying up manufacturing plant openings and new expansions of other corporate facilities.
Florida finished sixth in the executive survey of overall business climate and 11th in 2010 new plant rankings. The state finished 31st in overall competitiveness, and 40th in new plants per million residents.
North Carolina finished first for the ninth time in the past 10 years. Tennessee, Texas, Virginia and South Carolina rounded out the top five.
Final note: High rankings on “best of” lists like this one are great recruiting tools when you’re trying to lure new employees from out of state.