The Center for Automotive Research is hosting a conference designed to help communities learn about the changing dynamics of the auto industry and how to retain and attract auto-related businesses in this new environment. Roads to Renewal II not only features economic development professionals and experts, but also provides insight from community leaders. The conference will be held March 29-30 in Dearborn, Michigan and features a packed agenda with practical examples and best practices for:
- Attracting, retaining and maximizing new investment
- Managing company relationships
- Accessing capital – “beyond the banks”
- Re-purposing vacant properties, and
- Leveraging the educational infrastructure
The automotive industry continues as one of the most economically significant industries in the country and is poised to prosper. As the economy improves, the auto industry is investing billions of dollars. These investments will spur development of new technologies, and lead to increased demand for goods and services from many industries.
Companies will expand their operations and hire more workers. Education, training and economic development institutions will need to partner to provide a skilled workforce and an ability to replicate that workforce in the future. There will be many opportunities for communities to attract new investment. By partnering, building on existing assets, and supporting new and existing automotive jobs, companies and their host communities can prosper in the resurging auto economy.