Greensboro Economic Development Alliance (GEDA) announced today that the organization had leveraged the creation of 856 new jobs and $70.9 million in new capital investment in 2009 despite a turbulent global economy. Ameritox, Ltd., LabCorp, and Flight Safety International, Inc. all chose Greensboro and Guilford County for new facilities this year, while Machine Specialties, ConvaTec, and the HF Group, with existing local facilities, all elected to expand operations here.
Greensboro and Guilford County also enjoyed the fruit of earlier economic development announcements in 2009. Precor and O’Reilly are both operating in the eastern part of Guilford County. Mack Trucks had a grand opening for their corporate headquarters. FedEx Express opened in 2009 sorting more packages initially than when the Indianapolis hub originally opened and FedEx Ground, in the western part of the county, is under construction, still scheduled to be completed in 2011.
“2009 was certainly a challenging year for the global economy, but we continued to aggressively market Greensboro, which helped us attract investments by major companies like Ameritox, Ltd. and ConvaTec” remarked Greensboro Economic Development Alliance President, Dan Lynch. “Our momentum over the past few years was very strong and we expect 2010 to be a more robust year for Greensboro.”
GEDA focuses its work using an industry cluster strategy, centered on advanced manufacturing, aviation, financial and business services, life sciences, and transportation and logistics.
A member of the Greensboro Partnership, Greensboro Economic Development Alliance’s mission is to facilitate the creation of high quality jobs, attract new capital investment, retain and expand existing businesses, improve per capita income and generally improve the quality of life in Greensboro and Guilford County.
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