Industrial Development In Rural Colorado

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Abstract
This article discusses the attitudes of business management in Colorado towards locating businesses in rural communities and the concerns rural communities face in economic development. The results of the study suggest that small rural towns will have difficulty in attracting industry because manufacturers require available quality labor and adequate transportation before locating their facilities. The role of business inertia also is an important consideration in that most firms have adjusted to their present location and tend to avert risks inherent in relocation. In those communities where economic development is desired, local leadership and organization is essential to integrate efforts and outside assistance toward the goal of development. On the other hand, community consensus may reject industrialization as too costly in terms of their currently held values.

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