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Invest in Our Economy
Goal 1: Enhance Economic Impact Through Development and
Redevelopment Efforts, Partnerships, and Investment Opportunities
Objective 2: Build a Strong and Diverse Business Community
Project Performance Measure(s) Department(s)
IOE Business Recruitment and Recruitment Leads Economic Development
1.2.1 Retention Leads to Prospects
Summary:
Approved Agreements Date
The Office of Economic Development is participating in
recruitment efforts related to the City’s identified
targeted industry clusters. The adopted clusters are 1)
Targeted
Aerospace, 2) Automotive Products, 3) Business and
Industry
Professional Services, 4) Medical Devices, and 5)
Industrial Machinery and Manufacturing. Leads Aerospace Automotive Products Medical Devices Industrial Manufacturing Business and Professional
As outlined in the Economic Development Strategy, the
Office works to generate leads and recruit companies
st
within these industry clusters, which will assist in reaching 1 Quarter
nd
one of the City’s primary economic development goals – 2 Quarter
rd
competitive positioning, allowing the City to capture a 3 Quarter
larger share of high‐wage, high‐impact growth. 4 Quarter
th
As recruitment leads are generated and projects arise,
they will be identified and tracked on a hit list reported to
the City Management Office every month. The list will
track potential capital investment, jobs created and
details about each project in order of priority. Staff will
continue to develop knowledge of the business climate
that may lead to a compelling case for industry prospects
to locate in Arlington.
FY 2022 Adopted Budget and Business Plan 67 City of Arlington, Texas