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5th Annual Tri County Economic Development Summit features Expert Speakers, Exhibits and Awards for Excellence

(Mt. Laurel, NJ) - Over 300 business and industry leaders, bankers, entrepreneurs and government officials from throughout Southern New Jersey will meet at the Westin Hotel and Conference Center in Mt. Laurel on Friday, October 1, 2010 to work in tandem to improve the region's economy and promote job creation.

The 5th Annual Tri County Economic Development Summit, sponsored jointly by Gloucester County, Burlington County and Camden County, will showcase the region's resources in both the public and private sectors and highlight many of the economic agendas and advancements of South Jersey. This year's Summit's theme of "think global, grown local" will highlight local, national and international best practices for economic development.

Featured guest speaker at this year's Tri County Economic Development Summit is William Best, Chair of the International Economic Development Council, the world's largest professional association for economic developers. The IEDC's has nearly 5,000 members from across the United States, Europe, Canada, New Zealand and Australia. In addition to his chairmanship, Mr. Best is Senior Vice President, Northeast Market Manager, Community Development Banking with PNC Bank in East Brunswick, NJ. Mr. Best will provide a unique perspective on how regional business can capitalize on the tough global climate to position for future growth.

"Our nation is in the worst economic time of our recent memory, but by working together Gloucester, Camden and Burlington Counties are using all of our strengths to keep and attract businesses to our region," said Gloucester County Freeholder Director Stephen M. Sweeney. "There is not one magic bullet that is going to pull our economy up, but a series of actions and hard work that is going to put our area at the forefront when the economy shifts."

Sweeney said, "We are the only counties in the state who join together to encourage economic growth, rather than compete against each other. If a resident from Gloucester County drives over an imaginary boundary to a job in Camden County, it benefits all of us. If we compete against each other and lose the jobs to another state it hurts all of us."

"As we work hard to attract more business that will bring jobs and lower the unemployment rate for our residents, it is more important than ever that we unite with our neighboring counties to attract commerce and industry to the tri-county region," said Camden County Freeholder Director Louis Cappelli, Jr.

"You can't help but feel positive about the potential for recovery in the coming weeks and months," said Freeholder Director Bruce Garganio. "All three of our counties have experienced a drop in the jobless rate, and we're finding both commercial and residential developers exploring development and redevelopment opportunities. In addition, we have low-cost federal recovery zone bonds to help jumpstart both public and private projects, and new job training funds will help us to address the demands on our changing workforce."

This year's Awardees for excellence in Economic Development include:

  • * Gloucester County Adult Center for Transition - workforce development award for their work transitioning the youth population toward successful employment
  • * SORA Holdings for their work on the $300 million Rowan Boulevard Project which is transforming the face of downtown Glassboro
  • * Pennsylvania Real Estate Investment Trust (PREIT) for the $220 million redevelopment of the Cherry Hill Mall
  • * Borough of Somerdale and National Realty& Development Corporation will receive the Public/Private Partnership Award for the recently completed CooperTowne Center mixed use development project in Somerdale
  • * Sea Box, Inc. of Cinnaminson, with 184 employees, for their continued economic growth and recent business expansion project
  • * Abundant Life Fellowship Church will receive the Good Neighbor Award for the Living Springs development which assists seniors, developmentally disabled and military residents.

The Tri County Summit begins with Registration at 8 am on Friday, October 1 with Economic Overviews, Awards and Guest Speakers from 9 am until 10:30 am. The event concludes at 12:30 pm. For registration information visit or call 856-751-2242.