News

Idaho pipeline of new businesses starts to dry up

August 25, 2008 /

MATR Sponsor (view all)

The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

A national slump that’s soured the economic atmosphere in Idaho is eating into the list of potential companies looking to relocate here.

Don Dietrich, the Idaho Department of Commerce director, told the Idaho Statesman he usually has a list of 50 new companies considering a move but that began changing in January.

Dietrich says, "We saw the pipeline start to dry up. A lot of the businesses said, ‘We haven’t given up on Idaho, but we’re not making that decision now."

Full Story: http://www.magicvalley.com/articles/2008/08/25/ap-state-id/d92ota681.txt