- January 12th, 2012, 7:52 pm
#375563
In putting a pretty positive growth forecast out for the Lynchburg Metro area Moody's had this to say about the growth drivers:
"Liberty University. One of the strongest drivers of employment and income growth throughout the forecast will be Liberty University. As a private insti-tution, the university has been able to avoid much of the budget crunch being experienced by many state schools throughout the country. Scheduled expan-sions are expected to bring on-campus enrollment to more than 20,000 students by the end of the decade, from the current 12,000. In addition to increased employment as faculty levels are brought in line with a larger student body, a number of ambitious construction projects are in the works. This year, the university put together a financing plan for more than $120 million in renovations and expansions to its aging campus. If such plans are executed efficiently, the university will likely surpass Centra Health as LYN’s largest employer within a few years. "
Moody's Economy.com
November 2011
Just posted on our service recently.
Other major driver mentioned was nuclear companies AREVA and B&W which are not as in danger as many thought after Japan earthquake reactor problems.
"Liberty University. One of the strongest drivers of employment and income growth throughout the forecast will be Liberty University. As a private insti-tution, the university has been able to avoid much of the budget crunch being experienced by many state schools throughout the country. Scheduled expan-sions are expected to bring on-campus enrollment to more than 20,000 students by the end of the decade, from the current 12,000. In addition to increased employment as faculty levels are brought in line with a larger student body, a number of ambitious construction projects are in the works. This year, the university put together a financing plan for more than $120 million in renovations and expansions to its aging campus. If such plans are executed efficiently, the university will likely surpass Centra Health as LYN’s largest employer within a few years. "
Moody's Economy.com
November 2011
Just posted on our service recently.
Other major driver mentioned was nuclear companies AREVA and B&W which are not as in danger as many thought after Japan earthquake reactor problems.
- By Chippy