Economic developer in AdvantageWest region is named Economic Developer of the Year
Date Posted: 7/5/2012
PRESS RELEASE FROM NCEDA
Asheville’s Sam Powers receives the 2012 Economic Developer of the Year Award
RALEIGH, NC – The North Carolina Economic Developers Association selected Sam Powers, Director of Economic Development for the City of Asheville, as the 2012 Economic Developer of the Year in recognition of his outstanding achievement.
“Sam Powers’ tremendous work ethic has resulted in significant revenue and job creation throughout the greater Asheville area,” stated Bonnie Renfro, NCEDA president. “This award is a small recognition compared to the impact he has made in his community and throughout our state.”
As indicated in his nomination and numerous letters of recommendation from his peers, Powers overcame obstacles and worked tirelessly over the past year to create a clear and innovative vision for economic development. Powers played a critical role in bringing new projects to the City of Asheville. He was instrumental in negotiating a Site Location Agreement with Lionsgate Productions to allow filming of the blockbuster film, Hunger Games at Asheville’s North Folk Reservoir. The project has brought more than $5 million in direct economic impact.
Powers also represented the City in regional efforts to bring new business ventures to the Asheville area, including Linamar Corporations, creating 175 jobs within five years. Because of Powers’ strategic partnership with city and county officials, Asheville was chosen to host the Southern Conference Basketball Championships, bringing a $4 million impact, as well as national publicity, to the area.
Over the past few years, Powers has worked to renovate and establish a Naming Rights Agreement for the Asheville Civic Center. He is responsible for securing funding for the renovation including the new Naming Rights Agreement with U.S. Cellular Corporation. These partnerships have led to a successful $10 million renovation for the newly named U.S. Cellular Center.
Powers is also an active leader in the economic development industry. He co-chaired the Local Organizing Committee for the Southern Economic Development Council and helped plan the association’s 2011 Annual Conference in Asheville. He also served on the steering committee to develop a regional sports commission in the Asheville area.
“I greatly appreciate this recognition,” said Powers as he received the award at NCEDA’s Annual Conference. “It is all about having great teammates. We have great teammates within the city and great partnerships throughout Asheville and Buncombe County.”
The North Carolina Economic Developers Association is the leading statewide association of professional economic developers and their allies in North Carolina. The nearly 600 members promote the state and its communities as places for new economic activity. They are on the front line of economic development in North Carolina. Based in Raleigh, NCEDA provides professional development, advocacy and information services for its members. For more information, visit NCEDA’s website, www.nceda.org.
Note: The Economic Developer of the Year for 2011 was also from the AdvantageWest region, Tom Johnson, who now serves as AdvantageWest's Executive Vice President.
We are stronger together than we are as individuals. Regionalism is critically important for local developers as we work to improve the economy and quality of life for our citizens. AdvantageWest provides the means for us to think and act regionally.
, Senior VP, Corporate & Public Relations
134 Wright Brothers Way
Fletcher, NC 28732
Email Kathi Petersen