Nov. 17, 2008
CONTACT: Gordon Ovenshine:
National Journal notes SRU's contributions to local economy
SLIPPERY ROCK, Pa. - When the National Journal magazine in Washington, D.C., needed the best source to assess Slippery Rock University's positive economic impact on Butler County, the magazine turned to President Robert Smith for an interview.
The resulting eight-page article "Polishing the Rust Belt" quotes the president as saying, "We are a key economic contributor to this community." Smith told reporter Bruce Stokes SRU plans to invest $350 million in the community between 2003 and 2011 and estimated it will stimulate an additional $50 million in private investment to build off-campus housing for students.
To broaden its economic impact, SRU plans to break ground for a business incubator, where entrepreneurs can work with professors and students to develop new enterprises. The magazine also noted SRU is one of the major employers in the country with about 1,000 workers.
The Nov. 1 article attributes the county's resurgence largely to the Cranberry business corridor, where Westinghouse Electric Corp. is building its global headquarters for nuclear energy, bringing with it thousands of well-paying jobs. Butler County has the lowest unemployment rate in western Pennsylvania, the magazine reported.
The National Journal provides insight into the current political environment in the nation's capitol and emerging political and policy trends. The magazine is delivered in the Washington, D.C., area each Friday.
Slippery Rock University is Pennsylvania's premier public residential university. Slippery Rock University provides students with a comprehensive learning experience that intentionally combines academic instruction with enhanced educational and learning opportunities that make a positive difference in their lives.