Economic Development Awards presented at Sanford Area Growth Alliance Annual Meeting

October 01, 2021 | Written by: Administrator

Sanford, NC (October 1, 2021) – The Sanford Area Growth Alliance (SAGA) held its seventh Annual Meeting on September 30, 2021 at the Dennis A. Wicker Civic & Conference Center. During the event, SAGA provided Economic Development Awards to recognize companies and an individual for their contribution to the growth of Sanford-Lee County.

The Large Industry Award, which provided recognition to a business who supports the community while contributing to success in Sanford-Lee County, was awarded to Coty, a world leader in cosmetics and fragrances. Coty opened its Sanford facility in 1971 and currently employs over 800 people while also remaining highly involved in local community organizations and non-profits.

The Small Industry Award, which recognizes a small business (less than one hundred employees), who is a good corporate citizen, and has made major contributions to the economic success of the community and region, was awarded to STI Polymer. STI Polymer is a leader in the synthetic polymer industry, creating key chemical components found in everyday items such as paint, glue and other adhesives.

Finally, the Pioneer Award, which provided recognition to the individual who has an entrepreneurial mentality and contributed to economic success in community, was awarded to Bill Murphy. Murphy, a local entrepreneur, has overseen a number of successful Lee County businesses, including Rodeco, Atlantic Truck and Tire, The Shed Depot and more.

During the event, accomplishments from the previous year were featured in a promotional video. The video encompassed highlights from Lee County Schools, Central Carolina Community College, the City of Sanford, the Town of Broadway and Lee County Government.
Remarks were provided in regards to the work of the Sanford Area Growth Alliance from SAGA Board of Directors Chair April Montgomery and CEO Jimmy Randolph. Randolph touted achievements by the organization over the previous year, including SAGA’s response to the COVID-19 pandemic and the assistance provided to its members, international marketing efforts, and key industrial project wins that resulted in hundreds of new jobs.

Randolph elaborated, “With more than 1600 announced new jobs and over $1 billion in announced new capital investment in the past two years alone, the ongoing success of SAGA’s community partnership has been widely acclaimed and emulated by allies and competitors alike, and we are only just beginning to reap the benefits of tax base expansion and job creation associated with these announcements.”