Saturday, September 07, 2013

New economic plan calls for Memphis to secure brand while diversifying businesses

THE ASSOCIATED PRESS

MEMPHIS, Tennessee — Strategies in a new economic plan call for Memphis to diversity its business growth while securing its logistics brand.

The proposals in the Memphis & Shelby County Regional Economic Development Plan were made public last week when community and economic development leaders met with The Commercial Appeal's (http://bit.ly/14NmlGK) editorial board.

The plan is being developed by a Washington-based think tank called the Brookings Institution, which has finished analyzing the region's strengths.

"(Logistics) has been our strength for a long time," said Reid Dulberger, president of the Memphis and Shelby County Economic Development Growth Engine. "We need to own logistics. We need to own that turf and we need to build on it." More here.

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