The City of McGregor Economic Development Corporation was founded in 1997 by an action of the McGregor City Council and local election. The group aggressively markets the City of McGregor and its 9,500 acre industrial park and oversees the use of funds obtained from a 1/2 cent sales tax. The Corporation also provides assistance to any business interested in locating or expanding with the City of McGregor.

The MEDC Board consists of 7 members.

President:
Chairman: Frank Leos
Vice-Chairman:
Secretary: Monyene Stearns
Board Members: David Taylor, Andrew Henderson, Donna Buck, Debbie Smith and Garland Cook