WindsorEssex Economic Development Corporation’s 2019 Annual Report Released

Thursday, May 28, 2020

Media Release

 
MEDIA RELEASE 
FOR IMMEDIATE RELEASE
THURSDAY, MAY 28, 2020
 
Windsor-Essex, Ontario, Canada - Thursday, May 28, 2020 - For the first time in history, the WindsorEssex Economic Development Corporation’s (WE EDC) 2019 Annual General Meeting was held virtually with the WE EDC Board of Directors and staff in attendance. In light of current social distancing measures and current economic challenges, the Board of Directors elected to hold a scaled down version of the event which typically hosts upwards of 200 key stakeholders to review and celebrate the previous calendar year.
 
This year’s meeting reported on the 2019 business development accomplishments and activities including performance metrics and the corporation’s financials.
 
WE EDC Chair Tal Czudner, noted “As we move through the spring and into the summer of 2020, it is important to reflect on 2019 and what a good year it was. We have many things to celebrate from last year, including investment and job growth in our area, a move by our organization to downtown and a more diversified economy.”
 
Stephen MacKenzie, WE EDC President & Chief Executive Officer, reported “Our annual performance metrics show very positive outcomes and indicate that we are well positioned to continue this momentum in 2020 and beyond. WE EDC supported $102,441,500 in combined investment from start-ups, business expansions and new companies that set up operations in Windsor-Essex. This investment led to the creation of 1,038 new jobs as reported by the entrepreneurs and companies involved. We have strengthened our regional partnerships and proactively established formal agreements with a number of international partners”.
 
The annual report can be found on WE EDC’s website.
 
ABOUT WINDSORESSEX ECONOMIC DEVELOPMENT
The WindsorEssex Economic Development Corporation is the lead economic development agency for the Windsor-Essex region. The focus of the organization is to develop and execute strategies to retain, expand, attract and help new businesses start-up in the Windsor-Essex region. WE EDC is led by a board of distinguished community leaders. A team of professional staff will assist you with all your location and investment decisions by working one-on-one with businesses, to facilitate the process of starting, growing or locating in Windsor-Essex. For more information, visit http://choosewindsoressex.com/.
 
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Media Contact:
Lina Williams
Marketing and Communications Coordinator
WindsorEssex Economic Development Corporation
Mobile: (226) 345-6873