A classic win-win scenario

Article Abstract:

Duke Power has come up with an innovative method of promoting economic development in North Carolina and South Carolina. The company surrenders 50 percent of its profits from electricity sales, part of which is utilized to reduce the interest burden on industrial customers, making them more competitive. The fund is also used to promote education and training programs in the regions and to subsidize the power bills of low-income customers.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Financial management, Electric services, North Carolina, Finance, Donations, Company financing, Duke Power Co.

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Fast-growing Myrtle Beach looks to build on people power

Article Abstract:

The Harry County in South Carolina is well known for its ocean front tourist and resort center, Myrtle Beach. The Myrtle Beach Regional Economic Development Corporation is a public private partnership for economic development of the county. The main purpose of the MBREDC is to create jobs and enhance the tax base.

Strategy & planning, Employment, Administration of General Economic Programs, Jobs & Employment, Planning, Economic aspects, Company business planning, Myrtle Beach, South Carolina, Public-private sector cooperation

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State of Louisiana

Article Abstract:

The various measures with respect to disaster planning and economic development taken up at different levels of various government agencies, for building businesses, post-hurricanes Katrina and Rita, are outlined by the Louisiana state governor, Kathleen Blanco.

Government expenditures, Public affairs, Louisiana, Venture Analysis, Economic policy, Environmental aspects, Political aspects, Business enterprises, Emergency management, Speeches, lectures and essays, Disaster planning, Blanco, Kathleen Babineaux

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