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“Lufkin Ranks Tops in Texas as the Strongest Economy among Micropolitan Statistical Areas”

Economic Strength Rankings - 2006
By William H. Fruth

“Economic strength is the long term tendency for an area to consistently grow in both size and quality.”

POLICOM specializes in studying the dynamics of local economies. From its research, it determines if an area is growing or declining, what is causing this to happen, and offers ideas and solutions to communities to improve the situation.

POLICOM addresses the condition of an economy from the viewpoint of the economy’s impact upon the “standard of living” of the people who live and work in an area. The economic strength rankings are created so POLICOM can study the characteristics of strong and weak

economies. The highest ranked areas have had rapid, consistent growth in both size and quality for an extended period of time. The lowest ranked areas have been in volatile decline for an extended period of time. Read the entire story.

LI nation's No. 64 fastest growing company

By HINA ALAM
The Lufkin Daily News

Saturday, September 16, 2006


Lufkin Industries has another feather in its cap. The September issue of Fortune magazine has ranked the company as No. 64 on its list of America's 100 fastest growing companies.

With a net income in the past four quarters of $52.3 million and a revenue of $524.2 million for the past four quarters, the 104-year-old Lufkin Industries had a sales jump of 38 percent in 2005.

Lufkin Industries is honored and proud to be recognized by Fortune magazine, said Paul Perez, vice president, general counsel and secretary for Lufkin Industries. "We hope that our shareholders and employees also enjoy the national recognition that's given to Lufkin Industries," he said.

When asked if this recognition by Fortune would change anything for the company, he said, "There will be no change in our normal operations. We'll continue our efforts to improve our products and services which have provided a 104-year history for the company." The company is challenged every day throughout the world to demonstrate that its products are best for its customers, he said.

Perez said the company had no advance notice of their recognition by Fortune.

Since March 1, the company has added 110 new employees and is looking to hire skilled machinist and welders in the Lufkin area.

Lufkin Post’s Near Perfect Score in Becoming Inaugural Texas
Certified Retirement Community

The City of Lufkin’s Certified Retirement Community Initiative Committee was notified late Monday that Lufkin has indeed become one of the State of Texas’ Inaugural three communities to enjoy the “Texas Certified Retirement Community Certification”. Mayor Jack Gorden stated, “Lufkin has been green, clean, and safe, just what lots of folks are looking for. But becoming a certified retirement community ads a new dimension to verification of the quality of life we offer. Our future is bright, and we welcome those looking for the uniqueness of small town good life combined with the best attributes of metro areas”

To become certified, a community of Lufkin’s population must score a minimum of 150 pt’s out of a total available 185 pt’s. The Texas Department of Agriculture graded Lufkin’s application with a near perfect 180 pt’s with some members of the volunteer committee that also scored applications indeed scoring Lufkin with a perfect score of 185! "Obviously we are excited to receive the certification. There was a tremendous amount of work that went into our application and involved a large number of folks from our community. I am very thankful to them as well as our City of Lufkin Economic Development staff, the Lufkin/Angelina County Chamber of Commerce and the Economic Development Partnership. All of these entities were very instrumental in making this effort a success." stated Trey Henderson Chairman of the Certified Retirement Community Committee

Lufkin’s Certified Retirement Community Committee is a cooperative effort between the Lufkin Angelina County Chamber of Commerce, the Lufkin Angelina County Economic Development Partnership, and the Lufkin 4B Economic Development Corporation and is primary composed of Chamber members with an interest in seeing Lufkin attract the baby boomer generation as one of its economic development initiatives. Why? Because reports show that today’s retirees are looking for much more than a place to retire. They are looking for places to start their dream business, participate in community volunteerism opportunities, mentor today’s youth, and assist young business people via sharing their vast experience to name only a few reasons. The Baby Boomer generation represents the largest, wealthiest, best educated generation in history with the potential to make a tremendous impact on local economies. For example, baby boomers current own approximately 77 percent of the nation’s assets, 80% of the nations savings accounts, 68% of the nations money market accounts, and 48% of new cars in America and you realize a cohort that cannot be ignored.


Angelina County Vision 2020 is progressing nicely.  The program is a collaborative effort which will create a shared vision focused on six community foundation areas: economic development, education, government, infrastructure, private sector leadership and quality of life.  The notes from Focus Group held September 6 - 8, 2005 are now available.  Read more about the program at http://www.angelinacountyvision2020.com.

Read about Lufkin's role is supporting evacuees from Hurricane Rita.  The article "Neighbors Helping Neighbors" was published in Texas Municipal Leagues' magazine Texas Town and City and was written by Lynn Winthrop.  Lynn is the Recycling Coordinator for the City of Lufkin and worked as a reporter for the Lufkin Daily News before joining the City staff.  The article is available in PDF.  Lynn also wrote the script for the Hurricane Rita Video which is also available.

 

Additionally, we have a detailed After Action Review of the City of Lufkin’s Emergency Operations activities in response to Hurricane Rita and it is available in PDF. The review documents response activities, identifies problems and successes, and provides recommendations to improve the City's response to emergency situations.  A plan of action will follow in order to implement recommendations.



 

 

 

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Contact Us

 

Jim Wehmeier - Director of Economic Development

936.633.0221

jwehmeier@citiyoflufkin.com