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Morrisville economic development director outlines strategy, cites $313.9 million investment since 2019
Summary
Tiffany McNeel, Morrisville's economic development director, told the Planning and Zoning Board the town is building on past successes and targeting life sciences, clean energy and advanced manufacturing; she cited 30 company announcements, more than 2,400 jobs and about $313.9 million in investment since 2019.
Tiffany McNeel, Morrisville's economic development director, told the Planning and Zoning Board the town's approach centers on business recruitment, retention and targeted industry clusters.
McNeel said the town's work is "based on past successes" and described the department's mission as "to drive sustainable economic growth by supporting our small businesses, attracting new businesses and strengthening our existing ones." She noted the department now includes a small-business specialist, Amelia Hosine.
The director gave a snapshot of recent results and goals. "Since 2019 we've had 30 companies announce and . . . over 2,400 jobs announced which equals about 313.9 million of capital investment," McNeel said. She identified life sciences, clean tech, advanced manufacturing, business and financial services, and technology as Morrisville's targeted clusters.
McNeel highlighted recent company commitments and local projects as evidence of the strategy at work. She said Corololis Pharma (described in the presentation as a German-based company) will invest $10 million and create about 50 jobs. She also referenced Liquidia and Forge Nano among local employers tied to the town's life-sciences and advanced-manufacturing focus.
The presentation connected land-use and economic outcomes: McNeel told the board that planning decisions and permitting processes are critical to attracting firms and talent. She said the town's AAA bond rating, supportive local government and competitive tax and permitting environment are advantages she emphasizes when recruiting.
McNeel said staff is investing in a town-center project intended to attract businesses and talent; she noted the board will see further information about that project and related site plans as they move forward. She also encouraged board members to share the town's small-business newsletter and public workshops run by the economic development office.
The talk closed with a short question period; board members offered thanks and no substantive objections were raised. The board then moved on to training modules on rezonings presented by an outside speaker.
