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KRISTIN TAYLOR/Ledger & Times
Murray-Calloway County Economic Development Corp. board chairman Ronnie Gibson presents Lori Scott of Morningstar Foods with the Industry of the Year award during the annual EDC meeting on Thursday evening.

TVA veep says attitude key in industry recruitment

Bringing a community together and relying on testimonials of existing businesses are the best ways to recruit business. And TVA Vice President for Economic Development John Bradley says Murray/Calloway County has the right attitude.

Bradley told the crowd of about 75 business leaders, government representatives, and other community members to look around the room Thursday evening during Murray-Calloway County Economic Development Corp.'s annual meeting. He said someone doesn't have to be in this community long to see how people rely on each other.

“You all got an attitude about economic development,” Bradley said during his remarks in the Regional Special Events Center's Murray Room. “You understand it. You know it's important.”

Bradley said economic development breaks down to three components: community development, recruitment and existing business.

Those are the focus of the Tennessee Valley Authority's renewed focus on economic development. EDC President Mark Manning said TVA, which supplies electricity to Calloway County, worked with local leaders to recruit Pella Corp. and Webasto to the community.

“You have to do all of them to be successful,” he said. “They are critical. You have to be ready when that client shows up.”

And the three components play off each other. While it's less expensive to expand a company than recruit a new one, the testimonials of those existing businesses could make or break a deal with a new industry.

For complete story, see today's Ledger & Times

Story created Jun 22, 2007 - 12:33:30 EDT.


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