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PFG – The Next Five Years

The Business View – June 2017 / News You Can Use

 

Just over 30 years ago, the Chamber, the city of Mobile and Mobile County combined efforts to ramp up our industry recruiting efforts to bring more jobs to the area and significantly increase the amount of money being invested here.

 

The Chamber’s current Partners for Growth (PFG) program of work concludes at the end of 2017, posting numbers that speak for themselves. In the last five years alone, Troy Wayman, vice president of economic development for the Chamber, announced 1,705 new jobs have been created, with average annual salaries of $47,103, along with $1.3 billion in capital put in the ground. In addition, the Chamber helped several local companies retain Mobile operations and, with them, 511 jobs.

 

However, economic development is a job that is never completed. A plan has been created to lead us through 2022, and a team of business executives is in the process of raising the money needed to invest in this aggressive strategy.

 

Co-chairs for PFG’s “Growing Global – Investing Local” campaign are: Elliot Maisel, Gulf Distributing Co. of Mobile; Mark Nix, Infirmary Health; Mike Saxon, Alabama Power; and Brian Willman, Regions Bank. These co-chairs will continue their efforts to secure $11 million to fund this five-year campaign from private investors, along with the city and county.

 

 

Over the next several months, The Business View will detail each area of focus of PFG, and announce campaign investors. Areas of focus include:

 

New Business Recruitment and Investment Attraction

GOAL: Aggressively recruit new industry, capital investment and high-paying jobs to the Mobile area.

 

Existing Industry Support, Innovation and Entrepreneurship

GOAL: Expand Mobile’s existing industrial base and assist with opportunities for startups and entrepreneurs.

 

Workforce Attraction, Retention and Development

GOAL: Expand the number of highly-skilled employees in targeted industry clusters necessary for companies to grow locally and compete globally.

 

Diverse Business Development

GOAL: Grow the capacity and success of diverse companies through enhanced services and programming.

 

Business Advocacy and Quality of Place

GOAL: Develop and support local, regional, statewide and federal policies that encourage and assist the growing area population and improve Mobile’s quality of life.

 

Click here to read The Business View – June 2017