ANN ARBOR, Mich., Nov. 24, 2014 /PRNewswire/ -- Ann Arbor has been chosen by Global Trade magazine as one of "America's Best Cities for Global Trade". Ann Arbor was recognized for being a hub for innovative research and education, and for having one of the lowest unemployment rates in Michigan.
Every year, the editors at Global Trade magazine compile the list to help globally minded companies strategically locate, grow and expand their operations.
"When picking cities that are well-placed next to great universities, it was important for us to look at institutions offering degrees relevant to our audience," said Patrick Dooley, Editor and Chief Operating Officer, Global Trade. "University of Michigan's master of supply-chain management degree and top engineering program are a great fit for globally minded manufacturers."
According to Global Trade, the third annual "Best Cities for Global Trade" report offers 10 needs-oriented and relevant categories and looks at 10 cities in each category. Ann Arbor was chosen in the "Proximity to Universities" category, which also includes Philadelphia, Penn., Fort Worth, Texas, and Phoenix, Ariz.
"There's no doubt that having the University of Michigan located in Ann Arbor is a driving factor in the success of our economy, and our economic development efforts," said Paul Krutko, president and CEO of Ann Arbor SPARK. "The ability to market the Ann Arbor region as a smart city that offers a robust business ecosystem and a range of talent is truly a competitive advantage."
About Ann Arbor SPARK
Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County etcs/Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.
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SOURCE Ann Arbor SPARK