Economic Development and Developers in the News # 189

Welcome to the 189th weekly edition of Economic Development and Developers in the News. 

Today's issue contains news from 56 economic development executives and organizations in 22 states.

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The Econ Dev Show is a podcast and email newsletter actionable strategies, fresh news, insights, and ideas from the economic development community and your host, Dane Carlson.

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California

The oil and gas industry in Kern County generates an economic impact exceeding $20 billion, supports over 13,400 jobs, and contributes $3.2 billion in wages, according to a report by the Los Angeles Economic Development Corporation.

Georgia

Hyundai Motor Group Metaplant America's grand opening marks the largest economic development project in Georgia's history, aligning with Hyundai's $12.6 billion investment in electric and hybrid vehicle production. This initiative underscores the company's commitment to U.S. manufacturing and is projected to create nearly 40,000 jobs.

Illinois

Economic development leaders from Central Illinois are accompanying Governor Pritzker on a trade mission to Mexico, aiming to strengthen economic ties and explore new opportunities for collaboration. This initiative reflects ongoing efforts to bolster regional development and expand the state's global economic partnerships, showcasing Illinois' strategic advancement in international trade.

Iowa

Iowa Economic Development Authority Director Debi Durham toured Washington County, engaging with local leaders and examining community projects, including new recreational amenities and manufacturing innovations. This visit aims to strengthen connections and potentially enhance grant applications from the area, demonstrating a hands-on approach to state-wide economic development.

Louisiana

Stacy Romero, now the executive director of Louisiana Economic Alliance for Development, discussed with Jan Swift of the Discover Lafayette podcast LEAD’s efforts in supporting economic development professionals and small businesses in Louisiana.

Maine

Michael Duguay, an experienced business innovation leader, has been confirmed by the Maine Senate as the new commissioner of the Maine Department of Economic and Community Development. Duguay, previously with the Harold Alfond Institute for Business Innovation, is set to drive initiatives that attract businesses and investment to the state, building on his extensive background in fostering economic growth.

Maryland

The Washington County Department of Business and Economic Development, in partnership with the Manufacturing Extension Partnership, has launched the Make It in Maryland initiative to boost local manufacturing. (Director Jonathan Horowitz)

Howard County's Economic Development Authority and Technology Advancement Center launched the Cyber Howard Accelerator program to support early-stage cybersecurity startups, guiding them from product development to market expansion.