Wednesday, May 11, 2011

Destination Rutherford Nets $2.5M in Pledges

Started some 8 years ago when a BERC study found the county's average wages weren't rising, Destination Rutherford officials said Tuesday they've raised 63 percent of a $4 million goal as they unveiled a five-year mission to create 5,000 jobs here with projected earnings of $219 million. The jobs initiative calls for creating 4,396 indirect positions with a $166 million payroll for a total impact of 9,396 jobs and $385 million in earnings by sometime in 2015. More than 50 percent of the jobs are expected to pay above the average Rutherford County wage of $41,964, which is about $1,600 more than the state average. [Daily News Journal, May 10)