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Econ. Dev. Corp. awarded with Excellence Recognition

Cedar Park recognized for meeting desired level of professionalism, industry standards

Post Date:03/03/2020 10:00 am
The Texas Economic Development Council (TEDC) honored the Cedar Park Economic Development Corporation (Type 4A) with its Economic Excellence Recognition at its winter conference on February 20, 2020 in College Station.  

According to TEDC, the Economic Excellence Recognition program provides recognition to economic development organizations that meet a desired threshold of professionalism. Recipients qualify for recognition based on training taken by their governing board/council as well as the economic development director and professional staff. Certifications, professional memberships and activities, and organizational effectiveness of the economic development staff also contribute to the standards for qualification. 

Cedar Park Director of Economic Development Ben White said, “The Economic Excellence Recognition demonstrates the commitment that the City Council and Cedar Park Economic Development Corporation Board has towards achieving economic development success.”  

This is the second time that the TEDC has honored the Cedar Park Economic Development Corporation with an award in recent months.  In October, the TEDC presented Cedar Park with the prestigious Community Economic Development Award, the CEDA, for its work to entice Hyliion to relocate its headquarters to Cedar Park.  Hyliion is a clean energy, hybrid tractor-trailer technology company that started in Pennsylvania.  At full operation, Hyliion will create 229 jobs with an estimated annual payroll of approximately $20.6 million in Cedar Park.  Hyliion is but one of many recent major economic development projects in Cedar Park.  For more information, visit www.CedarParkTexasEDC.com.  

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About the City of Cedar Park
The City of Cedar Park is a vibrant community of close to 81,000, consistently ranked by the U.S. Census Bureau as one of the fastest-growing communities in the Austin metro.  Named for a popular park and rail stop in the late 1800s, Cedar Park is now home to two professional sports teams, the Texas Stars AHL hockey team and the Austin Spurs NBA G-League basketball team, as well as a growing number of high tech and major manufacturing employers.  Cedar Park has several rankings by a variety of sources as one of the Best Cities for Families and one of the Safest Cities in Texas.  For more information about Cedar Park click here.