Area Development conference delivers

The Hancock Economic Development Council strives to keep up on the latest in economic development, and a recent conference from the leading magazine on the subject did just that.

HEDC Executive Director Randy Sorrell attended the Spring Consultants Forum organized by Area Development in Virginia Beach, Virginia June 10-12, 2024. The conference offered a wealth of informational and networking opportunities.

Experts from across the country working in site selection, incentives, deal strategy, infrastructure, and other fields presented on a variety of topics, some of which included:

• Supply chain
• Product development
• Electric utility industry
• Using diversification of industry and project size to build a recession-proof economy
• Federal incentive opportunities
• The role of a local economic developer
• Strategies for enhancing marketability and request-for-information response
• Proactively positioning projects for success

Founded in 1965, Area Development magazine is considered the leading executive magazine covering corporate site selection and relocation. Editorial coverage provides valuable information pertinent to the factors, key issues, and criteria that affect a successful decision.