Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning
 What Are 5 Heads Of Income Tax?
 Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals
  Income Tax Return: 5 lesser-known tax-saving tips from Section 80
 Income Tax Return: 5 lesser-known tax-saving tips from Section 80
 Why you need not rush to file your ITR immediately
 Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing
 Section 80DDB tax benefits for specified illnesses: 5 things to know
 Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes
 ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal
 How To Save Tax For Salary Above 15 Lakhs?

Onslow leaders make 5-year plan to build economy
May, 26th 2008

The Jacksonville Onslow Economic Development office has a plan - at least for the next five years.

At the Jacksonville-Onslow Committee of 100's annual business meeting, Economic Development Executive Director Jim Reichardt presented the five-year business plan, which outlines the committee's five basic goals for the upcoming years.

The overall goal is to increase the wages and earning level of all the residents in Onslow County, Reichardt said.

An economic development study conducted by a trio of consulting firms that began in the middle of 2007 and ended with a final report presented in January was the jumping off point for the creation of the plan.

"They said this is what we recommend, so we took that information and we formed the five initiatives," Reichardt said. "You'll find components of their study within each of the five initiatives."

The study produced a list of both short- and long-term goals for the county.

"The first five years are to tackle the short-term goals," Reichardt said.

The first of the five initiatives is the creation of a business retention and expansion program that aims to maintain constant communication with various industries in the area, Reichardt said.

The second initiative is new business recruitment. A list of target businesses and industries that would have the greatest potential of operating successfully in Onslow County will be compiled and contacts made within those industries, Reichardt said.

Some of the industries being considered are aviation and aerospace; military and civilian transportation equipment; inbound logistics centers; communication equipment; and boat manufacturing and repair.

Communicating with the Department of Commerce regarding the types of companies that the county is trying to attract is also part of the second initiative.

In order to continue to grow, Onslow County needs to be "successful in attracting other types of companies," Reichardt said.

No. 3 on the list is product development.

"Simultaneous to the recruitment effort, we have to make sure every one of our business and industrial parks in the county are shovel ready," Reichardt said.

Onslow County needs to entice local investors to construct buildings without a tenant in mind so existing buildings are available to potential businesses and outside industries, he said.

The fourth incentive of investment growth and development will try to enlarge the sphere of influence within the county by having a more representative group within the Committee of 100, Reichardt explained.

Partnership development through public partnerships is the fifth incentive. Expansion of the economic development team to include a more diverse group of community leaders and helping municipalities to be more aware of the county's building resources is the main objective of this initiative, Reichardt said.

The five initiatives are just the skeleton of the overall plan, Reichardt said. Plans to "put the meat on the package" are in the works, and a "full-blown plan" is expected to be completed at some point in the summer, he said.

"We are going to continue to build specific goals within each initiative," he said.

Two elements necessary to bringing new industry to the area are continued cooperation and communication between city and county governments, and interest among members of the business community, said Doug Byrd, existing industry director at Jacksonville Onslow Economic Development.

One of the major concerns is the loss of transitioning military after retirement or discharge from service.

"(The county needs to) be able to attract the types of companies that would provide quality jobs to keep transitioning military in Onslow County," Reichardt said. "You couldn't ask for more highly-trained, educated individuals - that's what we're losing."

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting