Lee Peterson
Lee Peterson joined the Temple Economic Development Corporation (TEDC) as President in December 2005, bringing with him years of experience in economic development. In late 2007, Peterson was directly involved in bringing in two of the most comprehensive projects the City of Temple has seen. In November, Gulf States Toyota announced its intent to build a regional Vehicle Processing Center (VPC), while in December, Panda Energy announced plans for a natural gas-fired power plant. Peterson spent the first 40 years of his life in Idaho, where he was involved in production agriculture along with a variety of both elected official responsibilities, such as County Commissioner, and volunteer efforts in support of economic development and job creation.In 1988, he attended Industrial Development courses at the University of Portland and the University of Oklahoma. In October of 1988, Peterson began his career as an economic development professional for the Chadron-Dawes County Economic Development Corporation in Nebraska. He was directly involved with the creation of 200 new jobs in the Chadron-Dawes area from then until December 1990.
In December of 1990, Peterson signed on as the President of the Minot Area Development Corporation (MADC) in Minot, North Dakota. With the start of his tenure there, MADC was completely redirected, with the main emphasis being the creation of new basic-industry (primary sector) jobs and the creation of new wealth for Northwest North Dakota. From December 1990 through December 2000, approximately 6,000 new jobs were created in MADC's service area. Some examples of successful projects, consisting of both expansions of local companies and the recruitment of new employers to the area, included:
Choice Hotels International Terhorst Manufacturing Company Cal-Dak Cabinets, Incorporated Soaring Eagle Outerwear Central Machining and Pump Repair ING Northrop Grumman Northwest Airlines/MLT
In December 2000, Peterson was named as director of the Department of Economic Development and Finance and Commissioner of North Dakota Department of Commerce by North Dakota Governor John Hoeven. He held these positions until November 30, 2005.
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