St. Joseph News-Press

Chamber's Data Spurs Economic Hopes

Last year’s efforts to craft economic development for St. Joseph continue to bear fruit on the local industrial scene in 2017.

A recent report compiled by the St. Joseph Chamber of Commerce tracked activity in four areas: new jobs, prospects, investment and business retention calls.

And though numbers may not tell the full story, one official said he’s unconcerned by a slight slowdown last year in the city’s attempts to secure new business.

“Economic development ebbs and flows,” said Brad Lau, the chamber’s vice president for economic development.

The report displays a drop in the number of new jobs created in the community last year, to 125 from 280 in 2015. However, Lau noted that last week’s announcement by Altec that it plans to expand means this year’s total will surpass 2016’s pace. …

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