The Fayette
County Development Authority presented its quarterly business development
update to the Fayette County Board of Commissioners last week.
The Strategic
Plan Program of Work Highlights include the Existing Industry Initiative,
the Small Business and Entrepreneur Support, New Business Attraction and
Recruitment, and Quality of Life plans. Charts show that the major layoffs
in fiscal year 2002 were 305.
Fiscal year
2003, which started in July, has seen 125 layoffs.
Existing Industry
contacts in 2002 were 405 and this year's goal is 426. So far, 422 contacts
have been made.
The development
authority has set a goal for FY 2003 in assisting 200 small businesses.
Chris Clark,
authority president and CEO, pointed out that national movie and video
productions in Georgia are on the rise. "While there are numerous
benefits to this 'clean' investment, the greatest is the positive local
impact on small business.
"In FY
2002, the estimated local impact from the movie, 'Sweet Home Alabama,'was
$1.125 million. To date, the movie 'Fighting Temptations' has made a $500,000
impact," Clark said.
Commissioner
A. G. VanLandingham thanked Clark and several members of the authority
board of directors on hand, for their dedication and hard work.
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