Collin County: Boeing CEO urges unified economic development plan
Boeing CEO urges unified economic development plan
By JEFF BALL, Staff writer, Plano Star Courier
Collin County communities should cooperate in economic development and have a long-range strategic plan for the region, Boeing CEO Phil Condit told local representatives Monday.
“The crux of his statements was the four communities really need to look 15 to 20 years out and try to accomplish long-range goals together,” said David Pitstick, CEO of the McKinney Economic Development Corporation.
Pitstick was among a group of local economic development representatives who heard Condit speak at a luncheon at McKinney Airport.
“I thought he had some good comments about McKinney, Allen, Frisco and Plano all working together in economic development – not competing against one another,” said Robbie Clark, president and CEO of WingsPoint, who also attended the luncheon.
Condit was in the area to visit family members, including his brother-in-law, Firsco City Councilman Maher Maso, and a luncheon with him was arranged on short notice by Pitstick’s group and WingsPoint Aviation.
He met with representatives of McKinney, Plano, Allen, Frisco and Richardson.
“There is no one more qualified to comment about corporate development, relocations, and emerging airports,” said Pitstick.
Condit could not be reached for comment on the meeting, but other people who attended praised his advice.
“I thought his comments were very appropriate,” said Clark. “He talked a lot about economic development and that economic development was really a complete package – including having all the infrastructure and roads in place, and things like the arts, entertainment in the evening and nice restaurants – all go into the decision for corporate relocations.
“We went through a presentation with the changes we were planning and all the things we are doing out here,” said Clark. “He was very complimentary. He thought it was a good plan.”
The idea of Boeing bringing any of its operations to Collin County was apparently not discussed.
Condit did discuss Boeing’s selection last year of Chicago for a new corporate headquarters over Dallas and several other cities. The company’s main assembly plant is still in Seattle.
Condit cited the need of a metropolitan area to offer a balance of business, arts, and recreational opportunities.
Cost of living and transportation convenience are also key considerations, said Condit, according to people who heard his remarks.
In response to a general question, Condit said the near future of the aviation industry looks “turbulent,” but, he added, the long term will offer more stability.
The Boeing Company employs close to 187,000 people and serves customers in 145 countries. It is the largest exporter in the United States, with revenues of more than $58 billion in 2001, according to the company.