About Monticello Economic Development Commission

Monticello Industrial Development Corporation was founded on December 16, 1955.  On August 27, 1997, the name was officially changed to Monticello Industrial/Economic Development Commission, Inc. (MEDC).  MEDC is a quasi-governmental agency and an Arkansas corporation which has contracted with the city of Monticello to provide economic development services since 1998.

MEDC is the owner of the following assets which are used to leverage economic development activities:

  1. 65.96 acres and a 50,000 square foot Speculative Building within the MEDC Industrial Park with an estimated value of $1.7 million

  2.  Monticello Public Rail Access (MPRA) which has an estimated value of $1.2 million.  MEDC works with Arkansas Midland Railroad to make the MPRA available for existing Drew County industries for rail transportation and to leverage recruitment of new industries.

 

Monticello Economic Development Commission Mission

MEDC’s mission and performance is augmented by operations of the Economic Development Fund of Monticello, Inc. (EDFM), a not-for-profit organization granted Section 501c3 tax-exempt status by the U.S. Internal Revenue Service.  The quasi-governmental/non-profit status enables MEDC to write, apply for and administer a broad range of grants from governmental, institutional and foundation sources.  The governing board of directors and staff are identical to those of the MEDC.

CURRENT

REPORTS

 

VISION & MISSION

VISION

Our vision is for

Monticello

and Drew County

to be the economic, educational, health,

and cultural center

of Southeast Arkansas.

MISSION

We will leverage our relationship with the University of Arkansas at Monticello, our affiliation with the Cornerstone Coalition, and our human resources to strengthen

the economic environment of Monticello and Drew County.

 

We will provide a climate for business, institutions, and

industry to start, operate,

and grow while enhancing

the earning opportunities

of our citizens.

 

MONTICELLO EDC BOARD OF DIRECTORS

BOARD MEMBERS

Nita McDaniel, Director

Bennie Ryburn, III - Chairman

Dr. Bettye Gragg - Vice Chairman

Brian Hargis - Secretary/Treasurer

Kimbraly Barnes

Scott Barrilleaux

George Harris

Dr. Karla Hughes

Chris Lampkin

Sandra Lanehart

John McClendon

Kristi Prince

Mike Wigley

Monticello EDC logo

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© 2019 by Monticello Economic Development Commission

295 Airport Rd.

PO Box 1890

Monticello, AR 71657

Phone: 870 367 3076

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