ADP Pinnacle Campaign off to Rousing Start

November 5, 2015

During its last five-year period of fundraising, the Area Development Partnership surpassed its $2 million goal by $300,000.

Friday, ADP kicked off its new, five-year fundraising initiative, dubbed “Pinnacle,” by announcing it already had raised $1.75 million of a its $3 million target.

“This community has always had good leaders who have been willing to give back,” said Warren Hood, who was a key figure in the ADP’s founding in the early 1990s and will serve as one of Pinnacle’s tri-chairs.

About 160 business community members attended a rollout luncheon Friday at Southern Oaks House and Gardens and heard of the ADP’s past accomplishments as well as future goals.

“Our region has been rather prosperous, but that didn’t happen by accident,” ADP President Chad Newell said. “It occurred by design.”

Newell said that the money raised not only allows the ADP to recruit new businesses to the area but aid and develop the 300 or so businesses that already call Forrest, Lamar and Perry counties home.

“We want to recruit, but we also want to enhance,” he said.

Pinnacle materials offered ADP-related success stories from the past five years, including:

-Creation of 3,591 jobs; goal was 1,200

-Expanded payroll of $125 million; goal was $39 million

-Capital investment of $1.4 billion; goal was $95 million

Some of the future projects ADP is pushing include the 2,222-acre Eagle One Forrest-Lamar Mega Site and the Midtown Hattiesburg project connecting the University of Southern Mississippi with Forrest General Hospital and Hattiesburg Clinic.

“To move forward, we have got to have more project-ready development sites,” said James Compton, immediate past chairman of the ADP board. “We need more good jobs, and I think that’s an achievable goal and a needed goal.”