Hamilton Herald Masthead

Editorial


Front Page - Friday, February 12, 2016

2015 Chamber economic development projects boost local economy




Chamber-assisted economic development projects from 2015 will create 4,945 direct and indirect jobs, as reported by an impact analysis conducted by the Chattanooga Area Chamber and Younger Associates. This analysis examines the projected economic impact of 2015 Chamber-assisted new business projects and expansions.

“It takes an economic development team to create results like those we have enjoyed, and we’re fortunate that our local, regional, and state economic development professionals and elected officials work tirelessly to position us as the best [place] ... for businesses to locate,” said Hamilton County Mayor Jim Coppinger.

“The City and our partners will continue to focus on smart economic development and creating more jobs,” said Chattanooga Mayor Andy Berke. “That means a focus on several sectors, including high-tech companies moving to our Innovation District as well as leveraging our assets by attracting companies that complement existing businesses.”

“The Chamber’s economic development focus continues to be on jobs, and this report illustrates the significant fiscal impact our efforts have in generating local tax revenues as well as broader spending in the community,” said Charles Wood, vice president economic development, Chattanooga Chamber.

Younger Associates is a full-service market research firm and advertising agency in Jackson, Tenn. specializing in economic development and strategic planning.

The full impact analysis is available at www.chattanoogachamber.com/media/2015-chattanooga-chamber-assisted.pdf.

Source: Chattanooga Area Chamber of Commerce