The Tupelo region has been named to Site Selection magazine’s list of the most active micropolitan areas for new and existing industries in the country, for the fourth consecutive year. Tupelo ranked second in the nation out of nearly 700 micropolitan areas designated by the United States Census Bureau. “This is the fourth consecutive year our community has received this honor, and it is only possible because of the partnerships that have been formed between the nine county wide municipalities, the Mississippi Development Authority, and Tennessee Valley Authority economic development officials in this area,” said Tommie Lee Ivy, President, Lee County Board of Supervisors. “We are truly appreciative of everyone who worked on our behalf to achieve this success for Tupelo, Lee County, and our region as a whole.” Tupelo attained this ranking by recording 12 industry expansion projects in 2008, with companies such as NEW Corporation, General Atomics, Hunter Douglas, and Cooper Tire & Rubber Company. Each project had to meet certain criteria in order to be counted, including a minimum of 50 jobs created or $1 million in capital investment. The total capital investment for the year was $151,017,000, with 512 new jobs created. "Community Development Foundation's program of work provides a long term development strategy and organization to produce more and better jobs for the area,” said David Rumbarger, President and CEO of the Community Development Foundation. “This recognition is confirmation that commitment and continuity by private and public sector leaders is working. This momentum will only pick up speed as the regional and national economies rebound." According to the U.S. Census Bureau, a micropolitan area is a largely rural economy that includes a city of at least 10,000 people, but less than 50,000, and covers at least one county. Of the 3,141 counties in the United States, 694 are classified as micropolitans and account for about 10 percent of America's population. Site Selection is published by Conway Data, Inc., and delivers expansion planning information to over 44,000 site selection executives. It is the official publication of the Industrial Asset Management Council and is a highly-recognized publication that allows this recognition to receive world-wide exposure, thereby enhancing economic development marketing efforts in the area.