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KEDC Recognized as Economic Development Organization of the Year

National professional group announced Kilgore Economic Development Corp. (KEDC) as one of the leading economic development organizations in the nation.

The International Economic Development Council (IEDC) has recognized KEDC as the national “Economic Development Organization of the Year”, for cities with a population under 25,000. The Excellence in Economic Development award was presented at the IEDC annual conference last week.  

“It is an honor to have KEDC recognized on a national level for such a high achievement, we’ve always known what an amazing job KEDC does, but now everyone does!” exclaims Mayor Ronnie Spradlin. “This award acknowledges the hard work, planning and innovation that KEDC has demonstrated over the years.”

IEDC's Excellence in Economic Development Awards recognize the world's best economic development programs and partnerships, marketing materials, and the year's most influential leaders. 35 award categories honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities. Awards are judged by a diverse panel of economic and community developers from around the world, following a nomination process held earlier this year. IEDC received over 500 submissions from 4 countries.

 “The winners of IEDC’s Excellence in Economic Development awards represent the very best of economic development and exemplify the ingenuity, integrity, and leadership that our profession strives for each and every day,” said 2020 IEDC Board Chair and One Columbus CEO Kenny McDonald. “We’re honored to recognize the more than 100 communities whose marketing campaigns, projects and partnerships have measurably improved regional quality of life.”

“On behalf of the KEDC board of directors and staff, we are proud and humbled at being named the Economic Development Organization of the Year,” said Bob Davis, KEDC Board President. “This award recognizes Kilgore, Texas among the top economic development organizations in the nation.” 

 

About KEDC: KEDC is an organization focused on growing the Kilgore economy and funded by a dedicated sales tax approved by voters. It is directed by a five-person board and managed by a staff of four with certifications in economic development and economic development finance. In the last five years the organization has closed deals representing more than $150 million in new and retained investment and 2,800 jobs under contract.

About the International Economic Development Council: The International Economic Development Council (IEDC) is a non-profit, non-partisan membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions.

 
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