The Montgomery Economic Development Corporation (MEDC) announced that executive director, Charlene Coulombe, stepped away from her role March 31 after almost 14 years of service. “We are grateful for Charlene’s hard work and dedication. She will be missed tremendously,” said MEDC Board president, Suzette Murray.
During her tenure, Ms Coulombe was involved in many large and important projects and developments. For example, in 2015, she contributed to the sale of Montgomery Market Place to Food Market La Chiquita and several other Douglas Road investments. She was instrumental in the 2017 annexation and development of the now Old Dominion Freight site. In addition, Ms. Coulombe played a significant role in the exit of Caterpillar property through its vacancy in 2017 and the purchase by Reich Brothers, LLC in 2020. These are just a few of Ms Coulombe’s many contributions during her career with MEDC.
“Charlene came to this community to make it a better, more vibrant place, and that’s exactly what she did over her career. It won’t be the same without her,” said Jonathan Shedden, controller at Rush Copley Medical Center and treasurer of the MEDC Board. “Charlene never missed a chance to tout the opportunity and benefits of investment in Montgomery. As a result, she is often referring to Montgomery as a hidden gem.”
The list of economic development improvements and changes in Montgomery since 2009 is immeasurable. Coulombe brought in and recruited many businesses throughout her time in the Montgomery area. She supported community events, championed road improvements, and assisted many new business owners in opening their doors here. This list of accomplishments and connections Charlene made over the years is vast.
In August 2009, when Coulombe arrived at the MEDC, the population of Montgomery was 15,673, and the last 14 years have brought 34% population growth and added commerce. In 2009 the Village collected $2.1 million in sales tax; this upcoming fiscal year, they are projecting $6.1 million. “Growth has been exponential during Char’s career; we are grateful for the impact she has had on the Montgomery community,” said Village president Matt Brolley. “Montgomery is better today than when she arrived at the MEDC in 2009.”
—Montgomery Economic Development Corporation