Alleghany Highlands Economic Development Corporation’s New Path Forward Using

The Board of Directors for the Alleghany Highlands
Economic Development Corporation (AHEDC) met and held its Kickoff Meeting with
Hunton Andrews Hurth, a division of Hunton Williams that focuses solely on economic
development strategy guidance for the public and private sectors. Through this
engagement, AHEDC will also be utilizing Timmons Group, to build on previous site
analyses to generate an overall business plan for pad-ready site development of a parcel
from the localities Joint Revenue Sharing Agreement adopted in January 2020.
The Board of Directors, in recent months has actively worked to guide AHEDC to the
position it is in now in conjunction with the localities and plans to continue to
aggressively pursue marketing/business development missions, direct company contact
meetings and site selector outreach initiatives into 2021.