Troy University dedicates new building - WSFA.com Montgomery Alabama news.

Troy University dedicates new building

TROY, AL (WSFA) -

Troy University has a new building to focus protecting freedom and prosperity for future generations. The Manuel H. Johnson Center for Political Economy.The Center's had it's official dedication Friday inside the newly completed 40,000 square-foot expansion of Bibb Graves Hall, home to the Sorrell College of Business on the Troy Campus.

Speaking before about 200 community, business, government, student and University leaders, Dr. Manley Johnson said that while the center for the study of free-market economics bears his name, its creation was due to the collaboration of many individuals, educators and business leaders.

"It's wonderful, and I am honored, that this is named for me, but it's really about the efforts of many people and institutions," he said. "Governments and buildings do not learn, people do. That's what this is really about."

Dr. Johnson's vision for the Center's primary role was to educate future generations of Americans about their freedoms and individual rights to prosperity that made the nation great.

Dr. Johnson is a Troy native and an alumnus of the University who served as vice-chairman of the Federal Reserve Board of Governors, and served as an assistant secretary of Treasury, among other posts.  He pulled together a coalition between the Koch Charitable Foundation and BB&T, one of the nation's largest banking institutions, to fund the development of the Johnson Center, which includes five economists on its faculty. Dr. Johnson currently serves on the Troy University Foundation Board of Directors.

"What we see today will make a large contribution to our philosophy of servant leadership," Dr. Jack Hawkins, Jr., Chancellor of Troy University, said. "There's no better example of servant leadership than Dr. Manley Johnson. Today is a testimony to Dr. Johnson's commitment to service."

In addition to unveiling Dr. Johnson's portrait, State Sen. Gerald Dial (R-Lineville), who serves as President Pro-Tem of the University's Board of Trustees, presented a resolution from the Alabama Legislature commending Dr. Johnson's service to the University, state and nation.

"With Dr. Johnson's example, our students can see the opportunity to reach the highest levels of business and the Center will provide a solid foundation for future generations," Dr. Edwards said.

Copyright 2012 WSFA 12 News.  All rights reserved.

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