Industrial Development Authority restructured – News – Gadsden Times – Alabama News

Industrial Development Authority restructured – News – Gadsden Times – Alabama News

More than 30 years ago, when Gadsden was changing from a commission to a city council, Greg Bennett was part of a study team whose findings concluded that modern and revitalized economic development and community support were critical to the city’s growth.

Now Bennett is the director of the Alabama Technology Network, and he told the City Council at Tuesday’s meeting that he sees the same needs in 2017.

He was among those who spoke to the council as the city announced reorganization and restructuring within the Gadsden-Etowah Industrial Development Authority.

“I think this is a good time to update the Gadsden City Council and community on the investment in the Industrial Development Authority and the additions and restructuring to the IDA to better reflect the Gadsden and Etowah County area’s current needs that will give the greatest potential for growth in a competitive and ever-changing business climate,” said Frankie Davis, the city’s director of economic development.

Davis said the government has been investing in quality of life issues, infrastructure and a trained workforce, while working with educators and the business community.

“This gives us the best chance to create better-paying jobs,” he said.

The restructuring was guided by research from The University of Alabama’s Center for Business and Economic Research at the Culverhouse College of Commerce, and their Workforce Report X.

“In taking some of the recommendations from Workforce Report X, I have asked the Industrial Development Authority to restructure to better reflect the growing needs of the community, employers and our…

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