MTSU Business and Economic Research Center Study Includes Hickman County

Hickman County is a part of the Middle Tennessee Marketing Group (MTM) for which MTSU’s Business and Economic Research Center recently completed a study titled Increasing Competitiveness through Strengthening Regional Industrial Clusters: Middle Tennessee Marketing Region. MTM is an initiative of Hickman County and other local economic development organizations and Middle Tennessee Industrial Development Association (MTIDA), an economic development organization that provides complete, confidential assistance for locating a site or expanding a business in Middle Tennessee.

From the executive summary of the study:
“Strategically located between Nashville (MSA), TN, and Huntsville (MSA), AL, the Middle Tennessee Marketing Region (MTM), which consists of 14 counties (Bedford, Coffee, Franklin, Giles, Hickman, Lawrence, Lewis, Lincoln, Marshall, Maury, Moore, Perry, Warren, and Wayne), presents tremendous business opportunities with its diverse economic structure and strong industrial base, according to a study conducted by the Business and Economic Research Center (BERC) at the Jennings A. Jones College of Business at Middle Tennessee State University. The study’s findings highlight the necessity of regional level leadership in leveraging existing regional assets to create a cluster-based competitive regional economy through regional-level marketing, increasing synergies between industries in target clusters and their suppliers and customers, strengthening the cluster supply-chain by diversifying target clusters, and investing in human resources.”

The entire 475 page report may be accessed by clicking here.

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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