LAEDC Announces Finalists for 2010 Most Business-Friendly City Competition

Twelve cities vie for coveted award in competition to be named as L.A. County's "friendliest" city for businesses to thrive and create jobs

2010-10-06

LOS ANGELES, CA, October 06, 2010 (Press-News.org) The Los Angeles County Economic Development Corporation (LAEDC) today announced the finalists for its 2010 Most Business-Friendly City in Los Angeles County award. The cities of Alhambra, Carson, Downey, Torrance, West Covina and Whittier are finalists for the population 60,000 and over category, and the cities of Azusa, Cerritos, Commerce, Duarte, La Mirada and Monrovia are finalists in the population 60,000 and under category.

One winner from each category will be announced live at the 15th Annual Eddy Awards on Wednesday, November 10th, at the Beverly Hilton. Inaugurated in 1996, the Eddy Awards gala has become the most important economic development award program in the state of California. In 2006, the LAEDC created the "business-friendly" award category to recognize cities within the County that are proactively promoting business-friendly programs and services.

"All of this year's finalists have made economic development and job creation a top priority," said LAEDC president and CEO, Bill Allen. "This year, we received more applications from cities throughout the County than in any other year in the award's history. These cities understand that having healthy, vibrant and prosperous communities depend on attracting, retaining and growing businesses which are so critical to sustaining our economic vitality and quality of life."
To learn more about the finalists and how they were selected based on certain criteria visit:
http://www.mayocommunications.com/2010-NEWS%20RELEASES/NR-354.htm

In additional to naming the winners of the business friendly competition, the LAEDC will also honor the County's largest private employer and one of the nation's leading health plan and managed care providers, Kaiser Permanente, and Do Won Chang, Founder of Forever 21, one of the largest immigrant-founded companies in North America, at this year's Eddy Awards.

About the Eddy Awards

The Eddy Awards were introduced by the LAEDC in 1996 to celebrate individuals and organizations that demonstrate exceptional contributions to positive economic development in the region. For sponsorship and event information, please contact Justin Goodkind at (213) 236-4813 or justin.goodkind@laedc.org. For more information about the Eddy Awards , visit http://www.laedc.org/eddy.

About LAEDC (www.LAEDC.org)

The Los Angeles County Economic Development Corporation (LAEDC), the region's premier business leadership organization, is a private, non-profit organization established in 1981. Its mission is to attract, retain, and grow businesses and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped retain or create more than 162,000 jobs, providing $8 billion dollars in annual economic impact and more than $136 million dollars in annual tax revenue to support local government and schools.

[Editor's Note: For advanced interviews and images, please contact Aida Mayo or George Mc Quade at
818-340-5300 or 818-618-9229. Email Publicity@mayocommunications.com.]

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