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LOUISVILLE, Ky. (WDRB) -- A magazine that focuses on providing information for corporate decision makers has named Kentucky and Indiana's business climates as 9th and 10th, respectively, in the nation.
Site Selection Magazine bases half its rankings on a survey of corporate site selectors and the other half on a competitiveness ranking the magazine itself publishes.
"This is further proof that Kentucky's economy is heading in the right direction," said Gov. Steve Beshear in a news release. "The ranking reflects our dedication to economic growth by offering companies an array of assets and business advantages, including a strong and educated workforce, robust infrastructure, progressive incentive programs and a pro-business environment."
Kentucky scored in first place for number of qualified projects per capita in 2012 and second place in that category for the first eight months of 2013.
Indiana came in second in the competitiveness category.
Mark Arend, editor in chief of Site Selection, said, "States that rank this prominently are taking the steps necessary to attract capital investment, and our readers will pay close attention to these efforts in the year ahead. My colleagues and I salute Gov. Beshear and his economic development team for their commitment to improving Kentucky's business climate."