PRESS RELEASE

For Immediate Release Monday, October 29, 2007

Contact: Noel LaBine 763-477-3086

Partnership holds seminar on
The State of the Economy of Wright County.

   

The Wright County Economic Development Partnership held a Development Seminar Series Luncheon on the State of the Economy for Wright County at the Albertville City Hall on Thursday, October 11th . A buffet style chicken lunch was provided to about 65 people, who attended.

The keynote speaker was Joe Mahon of the Federal Reserve Bank. The topic was, “The State of the Economy and Wright County ”. Joe Mahon included in his presentation data showing trends in the economy . The Federal Reserve Bank for this region includes the states of Montana , North Dakota , South Dakota , Northern Wisconsin and the Upper Peninsula of Michigan. An analysis of the economy for this area includes those states also. Joe Mahon is a staff writer and economic analyst at the Federal Reserve Bank of Minneapolis , a position he has held since 2003. His articles for the fedgazette and the Region have covered a diverse array of topics, including energy and farm policy. He also performs regional economic research on commercial and residential construction and real estate for the Fed's Beige Book summary of regional economic conditions.

Franklin Outdoor Advertising was the exclusive Sponsor for the event. Keith Franklin of Franklin Outdoor was delighted to have the opportunity to sponsor this event and introduced the speaker, Jim Mahon.

The Wright County Partnership's Development Series Luncheons are a great place to network with community leaders from Wright County and get first-hand information about various development activities. The discussions held at these events have been very valuable to developers, city representatives, and others.

The Wright County Economic Development Partnership is pleased to announce this new industrial park development. “More locations for industry equates to more opportunities for business and new job creation in Wright County ,” according to Director, Noel LaBine.

The Partnership exists to enhance the business climate of Wright County and to help create more jobs in Wright County . The strategies the Partnership uses to achieve its mission include being an information resource and finding technical assistance; aiding business development through Business Retention & Expansion visits, providing financing resources, and providing business information and training through seminars and workshops. Also, the Partnership markets Wright County to business site locators, and maintains an excellent website, which includes a listing of commercial and industrial property available in Wright County (see www.wrightpartnership.org ). The Partnership also assists with Workforce Development and has gathered economic statistical information, which is available on its website.