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STRATEGIC ACTIONS: <br />1. Determine the needs, opportunity areas, and challenges of existing employers through a formal business <br />site visitation program. <br />2. Implement a formal survey in Lamar County in partnership with Paris Junior College to understand overall <br />business climate, challenges in the local workforce, supply chain, opportunity areas for expansion and <br />recruitment and general business intelligence for our region that will inform our strategies and <br />programming. <br />3. Establish board member liaisons for existing industry and host dinners with corporate executives/plant <br />managers in partnership with the executive director to communicate appreciation and strengthen <br />relations. <br />4. Coordinate with local leadership of major industry to organize calling on corporate headquarters. <br />5. Establish roundtable with plant managers and clusters including the trailer industry to encourage industry <br />collaboration, foster opportunities, and identify solutions to shared challenges. <br />6. Coordinate with the Chamber to establish a host team to assist with recruitment and hosting of executive <br />personnel moving to Lamar County. <br />7. Seek opportunities to connect existing industry to business opportunities, target relocation of suppliers and <br />foster opportunities for vertical integration. <br />8. Monitor and update internal incentive guidelines to align with current revenue and fund balance to assist <br />staff and board in making financial decisions on retention and expansion projects. <br />9. Champion and support pro-business legislation and policy through participation in and outreach to TEDC <br />legislative affairs, Texas Association of Business (Texas State Chamber) and elected officials. <br />10. Record and track all confidential business intelligence in a CRM database to maintain data and determine <br />trends that will inform leadership and programming. <br />STRATEGIC INITIATIVE II: ATTRACT NEW EMPLOYERS AND INDUSTRY <br />STRATEGIC ACTIONS: <br />1. Update and enhance the PEDC website targeted to external audiences that include site selectors, <br />prospective businesses, community leaders, strategic partners, and media. <br />2. Improve information available on website to include comprehensive datasets. <br />3. Promote website as information hub for Paris and Lamar County. <br />4. Develop and update marketing materials including proposal template with new brand materials. <br />5. Continue to be responsive to all leads and prospects by submitting timely and thorough proposals that <br />highlight Paris' competitive advantages. <br />6. Cultivate opportunities to recruit supply -chain related companies complementary to existing local <br />industry. <br />7. Coordinate with Cox Field (City) to target aviation companies and suppliers that are compatible with <br />airport assets. <br />8. Participate in targeted networking opportunities focused on site selectors, brokers, corporate executives, <br />etc. <br />4— PLAN UPDATE 6/2025 <br />