Economic Development Conference

The Weekly Compass, June 27, 2008
Out of the Leviathan-like belly of New Bedford’s (NE) Fast Ferry emerges an economic development collaborative. Spearheaded by State Senator Mark Montigny, New Bedford Mayor Scott Lang, Economic Development Director Matt Morrissey and the states MassDevelopment President and CEO Robert Culver, the day was structured to bringing a host of potential investors to the city. Along with a scenic harbor tour the group of CEO’s, Presidents, local senior executives and other outside companies with ownership interest in local real estate and other tax base expansion possibilities, were treated to a Red Carpet itinerary. Senator Montigny said, “This is a unique opportunity to bring in a cluster of interested business persons and give them a birds-eye view of the assets and potential development resources New Bedford has to offer. Most have been amazed at the affordability of doing business here and the real charm the city offers.” EDC President Matt Morrissey echoed Montigny’s sentiments.
He says, “This city is positioned for major rapid growth and development, as well as methodical longterm expansion of our business community.” Morrissey has been the point person in attracting a wide array of investment interests to the city. He delivered an inspiring power point presentation for this diverse group at the Whaling Museum leg of courting these potential new business partners. Mayor Scott Lang beamed with deserved pride as the host and sometimes tour guide.
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