Peter Arnoti, eldest son of Ladd Arnoti of Cottonwood, was recently given the South Carolina Economic Developers Association Distinguished Service Award.
Arnoti was commended for his work as the executive director of Colleton County Economic Alliance (CCEA), a newly formed public/private economic development corporation. He has secured almost $3 million in outside funds for the organization. He previously directed economic development efforts in Greenwood County where he secured $2.3 billion in manufacturing investments, 4,700 jobs, and established South Carolina’s first biotechnology incubator program.
Since then he has decided to step down from his position effective February 2010, retiring after 30 years in economic development to spend more time with his two new grandchildren. He is also following the lead of his wife Justine, who retired in April from Edward Jones Investments.
Arnoti started his economic development career in McCormick County, S.C., before moving to Marion County. He spent 20 years in Greenwood County before moving to Colleton County, where he spent the past 5 years.