Monday, January 14, 2008

Alliance sets stage for more growth

By almost any measure, 2007 was a successful year for the Wayne County Development Alliance as it oversaw the announcements of more than 1,000 new jobs over the next five years.

But with the board of directors approving an ambitious set of new goals for 2008 this week, the nearly 2-year-old economic development organization isn't resting on its laurels.

"This is a very aggressive plan," said WCDA President Joanna Thompson. "However, economic development is competitive and if you're not aggressive, you're left out.

"We probably won't get it all done, but we are going to at least touch on everything. The important thing is that you have some direction."

Product development

Topping the list of priorities for the next 12 months is "product development" -- meaning the development of tangible, physical draws, such as industrial sites and shell buildings.

"You've got to have product in your community," Ms. Thompson explained. "That's your draw -- a site or a building. Typically workforce is the deciding factor, but you've got to have that draw." More here.

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