Elesco provides a comprehensive assessment of the strengths and weaknesses of a
community or project in its local and regional competitive context. We develop strategies to position our clients in ways that will maximize their advantages
to achieve their economic objectives.
Economic diversification strategies
Elesco uses the Relative Concentration Index (RCI) to identify gaps in the local
economy compared to regional or statewide patterns. We then target specific sectors to expand and diversify, reducing dependencies on declining or at-risk
industries.
Business expansion and retention
A major focus of Elesco's business
expansion and retention services has been in the forest products industry. Elesco is recognized as a leading consulting firm for identifying diversification
opportunities in such sectors as engineered, secondary, and specialty wood products. A key part of our strategy is to look for linkages to leverage local
companies in the regional economy.
Target industries and business recruitment
Elesco applies its experience in industrial marketing to assist communities in
selecting realistic targets for their business recruitment programs. We have worked with more than 400 companies in their site selection processes, so we know
what companies are looking for. We match the capabilities of our clients with the facility location requirements of a full range of industries, narrowing the
focus to specific companies that are likely prospects.
Development of marketing resources
Elesco knows how to market communities to prospective companies. We know what
works and what doesn't. We are this knowledge to give our clients the most effective marketing messages and materials to support their business recruitment
programs.
Marketing
Elesco's experience in marketing enables us to provide clients with realistic and
workable strategies to maximize market potentials. Our services include advising clients on marketing plans and strategies, initiating marketing programs for
turn-key local implementation, or conducting marketing programs to project completion.
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