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Saturday, November 23, 2024

Temple Chamber of Commerce ponders future for businesses when COVID-19 crisis subsides

Temple

File photo

File photo

In January, Temple was praised by Gov. Greg Abbott for the economic growth it has contributed to the state. 

Yet like all other communities, the city is now fighting to adapt to the impact of the economic shutdown related to the COVID-19 crisis. 

On Jan. 28, Abbott characterized the opportunity in Temple as, “From a $3 million dollar year operation into a multi-billion dollar enterprise.”

Yet, the fight now is often just to stay above water for local businesses.

"We're impacted just like everybody else is, no matter where you're at," said Rod Henry, Temple Chamber of Commerce president, according to ABC25. "At this point, we are not aware of anybody whatsoever that has closed down, an existing business that has shut their doors and said, ‘Enough is enough. I've had it. I'm not doing it anymore.' They're working with their bankers. They're working with their lending institutions."

For businesses that have no financing options, other adjustments have been necessary. Yet, Henry said he hasn’t talked to a business of any sort that isn’t trying every angle available to keep its employees on the payroll.

Some industries have been less affected due to their categorization during the crisis as essential, which has allowed them to continue operating.

"Infrastructure projects – sidewalks, sewer repair, waterline repair – (are) happening in and around Temple," Henry said. "Construction of different retail businesses still is happening. Same thing with the construction of a couple new plants."

Henry also said plans by businesses that were looking to move to Temple continue. Likewise, the Chamber is working on a plan for how they will respond to the coronavirus crisis and the aftermath.

"We're having conversations about how, you know, what happens when it's over," Henry said.

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