SOURCE: Los Angeles County Economic Development Corporation (LAEDC)

Los Angeles County Economic Development Corporation (LAEDC)

September 29, 2009 09:00 ET

LAEDC Selects 10 Finalists for 2009 Most Business-Friendly City Competition

The 10 L.A. County Cities Represent the Best in Economic Development Practices

LOS ANGELES, CA--(Marketwire - September 29, 2009) - The Los Angeles County Economic Development Corporation (LAEDC) announced the finalists today for its 2009 Most Business-Friendly City in L.A. County award. The cities of Alhambra, Downey, Lakewood, Long Beach, Torrance and Whittier are finalists for the population of 60,000 and over category, and the cities of Bell Gardens, Commerce, La Mirada, and Santa Fe Springs are finalists in the population under 60,000 category.

One winner from each category will be announced live at the 14th Annual Eddy Awards® honoring economic development leadership on Thursday, November 12, 2009, at the Beverly Hilton hotel (9876 Wilshire Blvd, Beverly Hills, CA 90210). The Eddy Awards® have become one of the most prestigious economic development award programs in the state of California, and more than 700 leaders from the business, government, and education sectors are expected to attend the gala dinner.

"These ten city finalists have demonstrated an outstanding commitment to creating a business-friendly environment where businesses can thrive and create jobs," said Bill Allen, LAEDC president and CEO. "Each year this competition reveals that more and more cities are being proactive in their efforts to retain and attract quality jobs and businesses in their communities. The ability and commitment of our local governments to attract and retain good jobs is absolutely essential if our region is to regain its economic vitality and sustain our quality of life."

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