The problems and advantages of locating industry in a rural setting were discussed in this conference report. The 10 individual speeches covered: changes in employment and the labor force; problems and advantages of rural locations, rural labor, and site selection; the importance of involving the Black community; the nature of the food processing industry; opportunities for state leadership in rural development; and general strategies for economic development and regional revitalization. The 4 distinct approaches identified to revitalize regional economy were: (1) upgrading of human resources, (2) creating new job opportunities, (3) new and better utilization of natural resources, and (4) improving the quality of the environment in which both employing institutions and their personnel will exist. (PS)