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SEDCOR Announces New Strategic Plan

Tuesday, August 4, 2015   (0 Comments)
Posted by: Elizabeth Peters
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Mid-Willamette Valley Economic Development Organization Sets Strategic Priorities For Next Three Years


Strategic Economic Development Corporation (SEDCOR) has announced a new strategic plan to guide the organization in its planning, activities, and initiatives. The strategic plan, released at the start of its new fiscal year, includes the organization’s mission and key objectives.


SEDCOR is the lead economic development entity for Oregon’s Mid-Willamette Valley, consisting of of Marion, Polk, and Yamhill Counties. The 400-plus member nonprofit association leverages strong public and private partnerships to aggressively retain and attract high value jobs and capital investment to Marion, Polk and Yamhill Counties of Oregon. The plan, which was approved by the Executive Council in June, was developed over several months with the input of SEDCOR members, staff, and board of directors.

 

[Download the strategic plan here]


“This new strategic plan is inclusive of the full spectrum of SEDCOR objectives, including traded sector business retention, expansion, and recruitment, as well as our marketing and membership initiatives,” said SEDCOR President Chad Freeman. “All of the organization's future activities stem from the principles outlined here.”


SEDCOR focuses on supporting and growing traded-sector businesses in the region, with a targeted focus on six key traded sector industries:  advanced manufacturing, agriculture & food processing, wood products & forestry, transportation & distribution, aviation & aerospace, and technology. These industries have the best potential for job growth, to pay higher wages, and to bring new dollars into the local economy. 


SEDCOR’s four strategic objectives are:

  1. Retain and expand traded sector businesses: Help local companies create or retain jobs
  2. Recruit industrial companies: Support investment in our region that brings new jobs
  3. Tell the region’s business story: Promote the competitive advantages of the region
  4. Grow the community business network: Provide exceptional services, networks and events 

The plan includes 19 strategies that support the strategic objectives, and a range of tactics to support each strategy. The full strategic plan can be viewed online at www.sedcor.com and copies are available on request at the SEDCOR office at 626 High Street NE, Suite 200, Salem.


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Strategic Economic Development Corporation is the lead economic development entity for Oregon’s Mid-Willamette Valley. The 400-plus member nonprofit association leverages strong public and private partnerships to aggressively retain and attract high value jobs and capital investment to Marion, Polk and Yamhill Counties of Oregon. 

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