Arvada Economic Development Association wins Metropolitan Cooperation Award
The Metro Denver Economic Development Corporation (Metro Denver EDC) hosted its Eighth Annual Meeting and Awards Luncheon on May 23, celebrating economic expansion and significant project accomplishments in the previous year. Todd Munson, co-chair of the Metro Denver EDC Executive Committee, and president of the Colorado Market for JP Morgan Chase & Co., kicked off the event by praising economic development groups throughout Metro Denver, noting the 25th anniversary of collaborative, cooperative, and successful regional economic development.
Annually the Metro Denver EDC presents the Metropolitan Cooperation Award recognizing an individual or organization that promotes the success of the entire Metro Denver region in its practices and actions. This year, the Arvada Economic Development Association, along with four other economic development organizations won the award for their collaborative efforts to locate GE Energy's massive solar manufacturing facility in the region.
PrimeStar Solar, which GE purchased, has its headquarters and R&D center in Arvada. As GE was looking for a new solar-panel manufacturing facility; Arvada, Westminster, Aurora and Adams County Economic Development supported GE's efforts to locate in Metro Denver, specifically Aurora.
"This award exemplifies the regional attitude and credo of our economic development groups," commented Tom Clark, Chief Executive Officer, Metro Denver EDC. "By cooperating, we were able to locate this major manufacturing facility within our region--even though GE had incentive offers from other states." To learn more about the event and other award winners, go to www.metrodenver.org.