The Naugatuck Economic Development Corporation (“NEDC”) and the Borough will be hosting a Naugatuck Community Forum on Economic Development on Wednesday, October 24, 2012, from 6:00 PM to 7:30 PM, at the Naugatuck Historical Society Musuem (Naugatuck Train Station, 195 Water Street, Naugatuck, CT 06770). The forum will provide information to those in attendance on such topics which will include but are not limited to basic economic development concepts; recent initiatives in Naugatuck’s Downtown, myths and realities of attracting new businesses and/or retaining existing businesses, challenges facing communities in the current economic climate, the state of manufacturing in Naugatuck and the region, and the important factors companies consider when considering to locate in particular communities like Naugatuck. A flyer for the forum can be viewed here.
Those attending the forum will hear presentations from Mark Waterhouse, President of Garnet Consulting Services, Inc.; and Tom Hill, III, from Tom Hill Realty and Investment, LLC. NEDC President Dave Prendergast will also discuss recent initiatives to expand local business opportunities in the Borough. The forum will conclude with a question and answer session during which attendees can comment and ask questions.
Economic development is one of the most commonly discussed topics in local government, but often one of the most misunderstood. While a business coming to or leaving from a community often generates attention in the media, the reasons why such an event happens or does not happen receive less attention. Terms and concepts; assets and challenges; and the complex details of local, state, national, and global economies are rarely done justice when discussed in sound bites.
As the economy painfully recovers from the Great Recession, the coming months will renew local conversations about Downtown redevelopment, growing Naugatuck’s commercial corridors and supporting the growth and expansion of the Borough’s smaller manufacturers. We encourage anyone interested in contributing to this community conversation to attend the forum. There is no fee for admission. Please feel free to contact our office at 203-720-7009, or contact me directly by email (email@example.com or firstname.lastname@example.org) for details.