PT - JOURNAL ARTICLE AU - Richard F. America TI - Turn Plant Closings and Layoffs into Economic Development AID - 10.3905/jpe.2013.16.3.027 DP - 2013 May 31 TA - The Journal of Private Equity PG - 27--28 VI - 16 IP - 3 4099 - https://pm-research.com/content/16/3/27.short 4100 - https://pm-research.com/content/16/3/27.full AB - Private equity firms are sometimes obliged to trim payrolls. When they do, there are ways to turn these events into positive local economic development opportunities. Entrepreneurs can be discovered and nurtured to create new businesses, thus creating a win–win situation for communities and investors.TOPICS: Private equity, equity portfolio management, performance measurement