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Regionalism approach still the model that works: Union-Lee Alliance that lured Toyota is prime example of how cooperation is the key to success.

Publication: Mississippi Business Journal
Publication Date: 23-FEB-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Regionalism approach still the model that works: Union-Lee Alliance that lured Toyota is prime example of how cooperation is the key to success.(Small Business)

Article Excerpt
The regionalism approach is one that has been utilized by the economic development industry to land big projects.

A clear example of a multi-community effort that was a success is the Pontotoc-Union-Lee Alliance that developed the Wellspring mega site in Northeast Mississippi where Toyota will eventually build the Prius Hybrid.

Such large-scale cooperation is not uncommon, particularly when more than one community stands to benefit.

In an economy that is draining jobs, regionalism is taking root in smaller pockets of business, especially in the retail market.

Ron...

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