Sunday, July 01, 2007
Here are some articles on incentives.
A new study from the North Carolina Institute for Constitutional Law evaluates the costs of incentives. Read more. You can ownload a copy of the report here.
Hino Motors chose to locate its new truck factory in West Virginia. Read more.
Embattled Kentucky governor Ernie Fletcher is porposing a special session to address legislation to promote the conversion of coal to synthetic fuels. Given the charged political atmosphere, the governor faces an uphill battle to get anything done. Read more.
Arkansas is moving on after losing the latest Toyota plant to Tupelo. Read more.
The debate on the role of incentives is still underway in North Carolina. In the Triad region, EDPros still see incentives as critical, despite some evidence to the contrary. Read more.
During the last couple of weeks, I spent some time in Shreveport, LA where the economic development buzz focused on the film industry. Here's an overview of what's going on.
UPS gets an incentive package for expanding its hub in Louisville. Read more. Kentucky also awarded a $66 million incentive package to Ford. Read more.
Philip Morris said it would retunr $1 million in incventives from North Carolina. Read more.
Chrysler got a $16 million package for upgrading an engine plant in Wisconsin. Read more.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.