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KMKC to Assist in Creation of Economic Development Organization

For Immediate Release



KMKC Retained to Assist in Creation of Rochester Economic Development Organization



Cincinnati, May 23, 2001-KMK Consulting Company (KMKC) is proud to announce that it has been retained to serve as the architect and overall advisor with respect to the creation of a private sector led economic development organization for the Greater Rochester region. The as yet unnamed initiative is a partnership of local business and civic leaders which will work to stimulate job growth and private capital investment in the region.

This organization will be the first of its kind in the Greater Rochester region and will be largely driven by the private sector, with significant focus on sales and marketing. The key objectives will include: the development of a single point of contact to promptly respond to information requests and manage prospect relationships; the design and implementation of internal and external marketing programs to effectively communicate the strengths and advantages of the region and to increase awareness; pro-actively targeting development activities around industry clusters that build competitive advantages and offering opportunities for continued growth and jobs, and; achieving goals for job growth and investment, partly through reducing the public expense of conducting business and more effectively lobbying for state funding.

Thomas S. Richards, Chairman of the partnership and Chairman, President and CEO, Rochester Gas and Electric Corporation, said that "the goal is to make it easy for prospective investors, whether creating new facilities or adding jobs at existing businesses, to get all the help they need in a professional, streamlined fashion. Information about everything including utility and health care costs, tax incentive and financing packages, availability of real estate and arrangements for personal site visits for prospective clients should be coordinated through a single source."

Jim McGraw, Managing Director of KMK Consulting added, "We are excited to work with the CEOs of this beautiful, technology driven community to assist in the creation of a professional, pro-active, private sector based economic development marketing organization for Rochester. In my seventeen years working in the area of economic development, I have been fortunate to have played a role in the creation of many organizations that have had a profound impact upon the community in which they serve. In this case, once the world is exposed to what Rochester has to offer, companies and workers will be duly impressed and the Rochester region will quickly become a very competitive player."


About KMK Consulting

KMK Consulting provides specialized business consulting services, primarily to corporate, entrepreneurial, not-for-profit, community and executive clients. KMKC specializes in advisory services in connection with company restructuring; business formation; acquisitions; strategic issue analysis; strategic planning; leadership development; government affairs; economic development; marketing strategies; business alliances and public/private partnerships. Collectively, the KMKC team has extensive expertise with all types and sizes of corporations including experience serving on boards of directors of a variety of enterprises from family businesses to publicly held global companies. Learn more at www.kmkconsulting.com.