Thanks to its public schools,
Fayette County ranks at the top of the list of potential relocation sites
for corporate executives from around the nation, according to a report
this month in the trade publication Expansion Management Magazine.
The publication awarded a "Gold
Medal" status to Fayette schools in its current edition, in which
it also named Metro Atlanta No. 1 on its "hot list" of relocation
sites nationwide for 2004.
Expansion Management Magazine
is aimed at company executives who are actively looking for a place to
expand or relocate their facilities within the next two or three years,
said Melinda Berry-Dreisbach, spokeswoman for the school system.
The Fayette ranking was included
in the magazine's 13th annual "Education Quotient" ratings
of all 2,800 secondary school districts throughout the nation with at
least 3,500 students.
With a score of 92, Fayette
had the highest "EQ" rating of any school system in Georgia,
and along with Gwinnett County was one of two in the state to get the
"Gold Medal."
Gwinnett's rating was
86.
The gold medal honor means
that the school system ranked in the top 17 percent nationally of those
districts evaluated. According to the magazine's Web site, it is
calculated on a weighted scale that measures three factors: "Graduate
Outcome" (how well students learn and how many stay to graduation),
"Resource Index" (which measures a community's financial
commitment to education), and the "Community Index" (which measures
the community's adult education and income levels).
All three are calculated on
a scale of 1 (lowest) to 99 (highest), with 50 being the midpoint.
The nation's highest ranked
schools were New Trier Township in Winnetka, Ill., north of Chicago, and
Mountain Brook, Ala., in suburban Birmingham.
The rating serves to provide
corporate relocators with knowledge about an area's potential workforce
rather than concerns about enrolling their own children, the magazine's
website explained.
Chris Clark, former director
of the Fayette County Development Authority, said last year that the quality
of local schools was a top draw for executives considering moving to Fayette
County.
The most recent relocation
to the area was the January announcement that Cooper Wiring Devices, a
division of Cooper Industries, will be moving to Peachtree City in late
2004. A new headquarters building is in the planning stages adjacent to
Cooper Lighting on Ga. Highway 74 South.
To read the report in full,
go to the magazine's Web site at www.ExpansionManagement.com.
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