The Council provides support for companies considering locating or growing in the region help that might include: real estate searches, workforce, manufacturing supply chain, data and demographics, incentives and financing, new market opportunities, service procurement and academic and research and development opportunities.
SPRINGFIELD - Allan W. Blair is retiring as president and CEO of the Western Mass Economic Development Council at the end of 2014 after 18 years at the helm of the region's economic development entity.
Blair, who is 65 and will be 66 when he steps down Dec. 31, was a founding member of the Economic Development Council.
Blair made the announcement Thursday morning, and a search committee, headed by Peter F. Straley, chairman and chief executive of Springfield-based insurer Health New England, is already set up.
"No precipitous event," Blair said Thursday afternoon. "It's part of a long-range plan I've had with my wife and family."
He also expects to continue working up until his retirement date.
"I've been involved in the economic development world for 30 years," Blair said. "I've got a year ahead and I expect to be full tilt at what I'm doing."
The council provides support for companies considering locating or growing in the region. The help that might include: real estate searches, workforce, manufacturing supply chain, data and demographics, incentives and financing, new market opportunities, service procurement and academic research and development opportunities.
The Economic Development Council also acts as an umbrella group for other business oriented organizations including: Affiliated Chambers of Commerce, Greater Springfield Convention and Visitors Bureau, Amherst Business Improvement District, Westfield Business Improvement District, Northampton Business Improvement District, Springfield Business Improvement District, Westmass Area Development Corp. and the Westover Metropolitan Airport and Westover Metropolitan Development Corp.
The organizations has 50 employees including those working at affiliated organizations, Blair said.
According to an IRS tax document, the Economic Development Council had an annual budget of $3.3 million in 2011. Blair made $254,901 in total compensation that year, also according to IRS tax documents. Those are the most recent figures available.
Blair said that over the years the Economic Development Council has helped bring a number of projects to fruition, including the $71 million renovation of what is now the MassMutual Center in Springfield and the $12 million refurbishing of the Calvin Coolidge Memorial Bridge between Northampton and Hadley in 2000.
That doesn't count the businesses that have grown or relocated here as a result of the Economic Development Council's efforts.
"Of course in the last six or seven years with the recession it has been very difficult," Blair said. " I believe we are an attractive place. One of the tasks is to make sure that people outside the region recognize that. But we are in the Northeast and we have winters and we have expenses other parts of the country don't have."
Born in Springfield and raised in Chicopee, Blair worked in vocational education and job before taking jobs at the Springfield Chamber of Commerce and the as head of the Westover Metropolitan Development Corp and Westmass Area Development Corp. That brought him into the real-estate arena and led to him helping to found the Economic Development Council in June 1996.