TY - JOUR T1 - Turn Plant Closings and Layoffs into Economic Development JF - The Journal of Private Equity SP - 27 LP - 28 DO - 10.3905/jpe.2013.16.3.027 VL - 16 IS - 3 AU - Richard F. America Y1 - 2013/05/31 UR - https://pm-research.com/content/16/3/27.abstract N2 - 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 ER -