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Governors share economic development strategies

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NASHVILLE, Tenn. (AP) - Governors and state economic development officials are sharing tips and strategies for how to attract businesses and create jobs.

Tennessee Gov. Bill Haslam noted at a National Governors Association meeting in Nashville on Monday that it's a "very, very competitive world" when it comes to recruiting investors, both domestically and globally.

Haslam was joined at the conference by Govs. Dave Heineman of Nebraska, Haley Barbour of Mississippi and Mary Fallin of Oklahoma.

The Republican governors said states can help lure businesses by reducing workers' compensation obligations, making regulations less onerous and limiting damages from civil lawsuits.

Barbour said curbing lawsuit damages was key to Mississippi landing a new Toyota plant in 2007. He said the plant is scheduled to produce its first vehicle on Thursday.

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