During the 1980's the Mid-Valley was experiencing a severe
depression following the building boom of the 1970's. Due
to high interest rates soaring upwards of 20%, the economy
of Salem collapsed. A Board of Directors was assembled with
the support of the Salem City Council and SEDCOR was put into
existence. SEDCOR was created from the Economic Development
Committee of the Salem Chamber of Commerce. Their mission
was to enhance and diversify the economy of the Mid-Valley
by supporting and strengthening the performance of existing
business and recruiting new businesses to Marion & Polk
After twenty plus years SEDCOR has evolved into the leading
economic development agency for Marion & Polk Counties.
SEDCOR is a private, non-profit membership organization composed
of over 400 business and community leaders throughout the
They are actively supporting their mission by the following
Retention & expansion of existing manufacturing, distribution
and information processing business.
Attraction of foreign and domestic companies to locate in
Promotion of international trade and export.
Advocacy for manufacturers on critical issues.
Ensuring an adequate supply of available serviced industrial
land in the area.
Support of the Enterprise Zone Program and other reasonable
Maintenance of information data bases, including detailed
economic, statistical and demographic information.
Support of employee training and workforce development activities.
Sponsorship of events and publication that advance the mission.
None of the success of SEDCOR could have taken place without
the past Board Chairs from 1982 to the present.
A quote from Larry Glassock: "We are damned good at
what we do. But we would not have been so successful had it
not been for the dedication of a lot of talented people."
Compiled by Shirley Herrman
Sedcor history provided from materials provided by Larry
Photography taken by Terry Davison, March 2004