%0 Journal Article %A Richard F. America %T Turn Plant Closings and Layoffs into Economic Development %D 2013 %R 10.3905/jpe.2013.16.3.027 %J The Journal of Private Equity %P 27-28 %V 16 %N 3 %X 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 %U https://jpe.pm-research.com/content/iijpriveq/16/3/27.full.pdf