MGM Springfield Hosts Supplier and Vendor Workshops
SPRINGFIELD (MA) June 25, 2014 â€“ MGM Resorts International today hosted Supplier and Vendor Workshops at two regional locations to provide strategies and insights for doing business with MGM Springfield to local businesses.
The separate sessions were hosted in partnership with the Greater Holyoke Chamber of Commerce and Affiliated Chambers of Commerce of Greater Springfield, Inc. (ACCGS) in their respective cities. Following a general-themed morning discussion, the afternoon session will highlight opportunities for minority, women-owned, and/or disadvantaged local businesses. Both workshops were filled within days of their announcement, and attended by business owners and members of area chambers of commerce.
Michael Mathis, MGM Springfield President, said, "The MGM Springfield team has worked hard to understand the needs and concerns of the Western Massachusetts business community. It has been clear to us from day one that the foundation of the regional economy is solid, but fresh opportunities are needed for long-term growth. By reaching out early to businesses, we can help ensure the economic benefits of our project are realized by Western Massachusetts businesses and their employees."
Attendees were welcomed by Mark Stolarczyk, MGM Resorts Vice President of Global Procurement, and were invited to hear about business opportunities, supplier diversity and supplier requirements. MGM's goals for local procurement were highlighted. Attendees had the opportunity to participate in a Q&A session, network with MGM Resorts and Chamber representatives, and partake in discussions on MGMâ€™s local procurement initiative.
MGM Springfield will employ 2,000 construction workers, and 3,000 permanent employees, 90 percent of whom are expected to come from the Western Massachusetts region. In addition, through the Host Community Agreement, MGM Springfield has committed to spending approximately $50 million annually with regional vendors and suppliers.
Jeffrey S. Ciuffreda, President of the ACCGS, said, "MGM's strong commitment to partnering with local businesses is exciting for our membership. The team has continually looked to communicate with our members, and make the vendor process as clear as possible. We look forward to continuing the process of putting Western Massachusetts businesses in the opportunity pipeline to jumpstart our regional economy and bring back our economic hub."
Kathleen Anderson, President of the Greater Holyoke Chamber of Commerce, said, "This is our first vendor fair in Holyoke and we look forward to learning how our membership can find growth opportunities with MGM Springfield. Todayâ€™s turnout is an indicator that our local businesses are interested in hearing of the potential that exists as these regional plans proceed."
MGM has committed to hosting quarterly supplier and vendor workshops with area chambers to identify qualified suppliers and vendors, and to utilizing local chambers as a clearinghouse for bid packages on goods and services in their regions.
Yesterday, the Supreme Judicial Court (SJC) handed down a ruling, certifying a November ballot initiative aimed at repealing the Gaming Law.
Mathis said he is confident voters will uphold the law.
"We are confident that our urban revitalization project in Springfield, one of the Commonwealth's most prominent Gateway Cities, is something to which all Massachusetts voters can relate. It is a comeback story in progress with hard-working people eager to grow jobs and get back to work," said Mathis.
About Affiliated Chambers of Commerce of Greater Springfield
The ACCGS is a business association representing the East of the River Five Town Chamber, the Professional Women's Chamber, Springfield Chamber of Commerce and nearly 1,000 businesses of all sizes, industry and profession, providing leadership in creating a healthy economic climate. The ACCGS concentrates on members in the communities of East Longmeadow, Hampden, Longmeadow, Ludlow, Springfield and Wilbraham. However, they have members from many other communities in the area, 20 in all. For more information about this organization please visit www.myonlinechamber.com/.
About Holyoke Chamber of Commerce
The Greater Holyoke Chamber of Commerce is a member-driven organization whose mission is to strengthen the economy of Greater Holyoke by representing and involving the business community in public policy decisions affecting the business climate, by helping individual businesses to prosper, and by creating a community environment conducive to economic opportunity and a positive quality of life. For more information about this organization please visit http://www.holycham.com/.
About MGM Springfield
On June 13, MGM Springfield received the unanimous vote of the Massachusetts Gaming Commission, and the first approval of a casino license in the Commonwealth. MGM Springfield, an approximately $800 million resort, is slated for 14.5 acres of land between Union and State streets, and Columbus Avenue and Main Street. For more information about MGM Springfield please visit www.mgmspringfield.com.
About MGM Resorts International (NYSE:MGM)
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations.
For more information about the company please visit www.mgmresorts.com