Alliance Advancing the way for Economic Growth

  • Share:
February 19, 2018
The United States is projected to grow 2.7 percent in 2018 as tax cuts promote job and income growth. As the old saying goes, “a rising tide lifts all ships” and our region is poised for positive growth as we implement our economic development recruitment strategy for 2018 and beyond. We continue to see increased requests for information for the Lynchburg Region, in addition to seeing expansions through companies like Graham Packaging who just announced their plans to invest $6.7 million in their Altavista site.

In 2017, we began preparations for an aggressive marketing and recruitment strategy by conducting a supply chain analysis. We interviewed 35 companies to identify the products, services and raw materials they need to operate effectively. Our results found metals, plastics, machinery/components, and transportation/logistics were in our top sectors for supply chain recruitment. Wins within these sectors not only would increase capital investment and job creation in our region, but would better serve our
existing industries that are so critical to our economic wellbeing.

The Alliance targets these companies through a variety of ways. Primarily, we reach out one-on-one to company executives within these company sectors to arrange meetings, conference calls and email exchanges to inform them about the assets within our region. We will attend tradeshows all over the country that feature our target sectors. We will also continue to grow and maintain our relationships with
site consultants. These are the individuals that companies hire to assist them with relocations and expansions. Thanks to our supply chain study, we now have the data to back up why we are a great fit for their clients.