Success often starts small, but West Virginia's success in landing new investments by Japanese companies started big - with Wheeling Nisshin in 1986, NGK Sparkplugs in 1995, and then Toyota's $400 million automotive facility in 1996. When I first met with Toyota officials a decade earlier, my hope was that starting those conversations would lead to even more growth for our state. And thanks in no small part to our talented workforce, the good news only continues.
The City Council, with the blessing of Mayor Ray Nagin, has given its OK to the structure of a public private partnership for economic development. But how soon the PPP, its staff and board can work toward its mission of attracting and retaining business is unknown. The time line rests in the hands of the Internal Revenue Service, which must approve the documents that establish the partnership as a nonprofit.
LINCOLN - Lincoln and Logan County Development Partnership director Joel Smiley believes any economic development that comes to Central Illinois is good for Logan County, even if significant proposed projects are not destined for Logan County. Logan County residents may find jobs or construction materials may be bought here, even if the new factory or business isn't locating here," Smiley said. "Or people may relocate to Logan County or spend their money here. We need to take a regional look at economic development, and not just specifically in our county. The ultimate goal of course, is to spur economic development here, but sometimes you need to look at the bigger picture.
The Pee Dee is home to a variety of global manufacturing facilities, from pharmaceutical companies like Roche and IRIX Pharmaceuticals to large manufacturing facilities like Honda, Sonoco, and Nucor, distribution centers like the brand-new QVC operations, and fabrication shops like Superior Machine. Florence's success in attracting and keeping manufacturing companies in the area is strongly attributable to the collaboration among four agencies: the Florence Economic Development Partnership, Florence County Progress, city government, and county government. Mayor Willis, a driving force behind economic development in the Pee Dee, says Florence officials do an outstanding job of finding opportunities and promoting the area as a place to live with a great quality of life, and all agencies...
Most people know about the hardships the three major automotive manufacturers in this country are facing, but many may not be aware of a St. Louis regional economic development force moving behind the scenes to encourage and support automotive manufacturers and suppliers. The St. Louis Regional Automotive Partnership grew out of the concept of the Ford Task Force, which was formed by a group of St. Louis County officials to help relocate workers from the Ford Motor Co., which was in the process of closing its Hazelwood plant.
With spring approaching, recruiter Michael MacNeilly with the Virginia Economic Development Partnership could smell victory. Microsoft Corp. was poised to announce plans to locate a nearly $500 million data center in Christiansburg, ending a three-year courtship to bring the high-tech, high-paying project to Montgomery County's prime industrial site.
On the day the New Orleans City Council announced its nominees for a new economic development board, Mayor Ray Nagin had his own announcement: The board's creation will be indefinitely suspended. Nagin said Thursday that there is not enough racial and gender diversity among board nominees. He cited a report from the International Economic Development Council expressing concern about the board selection process. The IEDC helped the administration and council craft an ordinance creating a public-private economic development partnership.
Think of Milwaukee as a mining town. Hard to imagine, until you know that the pay dirt isn't silver or gold it's brain power. And that the mine is the University of Wisconsin-Madison.
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