Article: WATTSHealth Systems Announces Regional Collaborative Formed to Promote South Los Angeles Area.

LOS ANGELES--(BUSINESS WIRE)--May 7, 1999--

Pepperdine Study Outlines Area's Unrecognized Assets:

Strong Industrial Base, Stable Labor Force, Solid Housing Market

A collaborative to tie the economy of South Los Angeles to that of the larger Southland region was announced Friday at a conference of top business leaders, economists and local officials.

The primary goal of the regional collaborative, led by South L.A.-based WATTSHealth Systems Inc. (WHS), will be to change the perception of the area to one that reflects the assets outlined in an authoritative, just-released study by Pepperdine University.

The second goal is to ...

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