2013 Annual Report LOCATION WORKFORCE VALUE

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1 2013 Annual Report LOCATION WORKFORCE VALUE

2 YEAR IN REVIEW The economic vitality of Huntington County is quite a story. It s the story of resilience of a county that has remained irrepressible despite the Great Recession, the most devastating economic crisis since the Great Depression. Today, amid ongoing challenges, employers in Huntington County continue to grow, prosper and diversify. They also enjoy an excellent relationship with an aggressive and creative economic development team. This report highlights the accomplishments of a Mark Wickersham community of employers, elected officials and others committed to making Huntington County a better place to live and work. Here are three of our many 2013 headlines: 1. Unemployment down, occupancy up The county began the year with a 9.4% unemployment rate and, by year-end, reduced it to 6%. Twelve industrial development projects supporting a record capital investment buoyed both the employment picture and tax base, as well as ushered in a feeling of confidence. 2. Rise in region s per capita income Also encouraging are regional trends. According to the Northeast Indiana Regional Partnership, our 10-county area has outpaced other parts of the country in several key areas, including job growth, gross metro product and per capita personal income. 3. Masterful local management The fiscal health of our local municipal governments is likewise strong. In 2013, the city of Huntington posted a surplus of well over $1 million. Our community is clearly positioned for continued success in 2014 and beyond. Huntington County is by no means immune from the dynamics pressuring the national economy. However, our aggressive and creative economic development process continues to demonstrate its value in an already resilient community. If you re reading this publication, you ve already shown your shared commitment to our mission to promote opportunities for job creation and new capital investment in Huntington County, Indiana. Thank you for your support. Mark Wickersham Executive Director

3 2013 CLIENT PROJECTS Continental Structural Plastics employees and local leaders cut the ribbon on the company s $6.9 million expansion for work on the 2014 Chevy Corvette Stingray, named Car of the Year at the North American International Auto Show. The company produces most of the iconic sportscar s exterior. CLIENT PROJECTS ALH Building Systems Auger Torque USA, LLC Dean Foods DIY Group, Inc. Echo Lake Foods, Inc. Four Wheels LLC Metalloid Alumicoat Metronet (Huntington) Metronet (Roanoke) Our Sunday Visitor Stephan DRP, Inc. UTEC ADDITIONAL PROJECTS Lt. Gov. Ellspermann business forum at Onward Manufacturing IEDC President Eric Doden business forum NE Indiana Regional Chamber Transportation Committee Huntington: Chamber EDGE meetings Warren: Assisted with grant request for structural engineering evaluations of downtown buildings Roanoke: Assisted with grant request for Cow Creek Bridge reconstruction Business leaders and local officials pose at the 2013 Business Appreciation Luncheon, honoring 8 companies whose 2012 projects totaled more than $20 million.

4 ECONOMIC IMPACT 6-YEAR ECONOMIC IMPACT SUMMARY Year # of Projects Private Investment New Jobs Retained Jobs $29,031, $35,425, $34,649, $32,085, $20,644, , $37,997, TOTALS 58 $189,832, ,600 4, FINANCIAL OVERVIEW* Operating Expenditures $228, Operating Revenues $238, *Preliminary Report TARGET INDUSTRY CLUSTERS Advanced & precision manufacturing Food processing Higher education Logistics Aviation systems/airport Metal/steel fabrication Mineral aggregates Petroleum refining and distribution Technology Gerdau Special Steel Controller Kendall Mickley welcomes guests to the ribbon-cutting ceremony for the $27 million Huntington plant expansion.

5 2014 BOARD OF DIRECTORS MEMBER Rex Baxter Jay Buzzard (Treasurer) Larry Buzzard Perry Collins Greg Davis Brooks Fetters Kyle Hamilton Jodi Heath Kevin Killen (President) Steve Kimmel Kendall Mickley Mike Rohler Randy Sizemore (Secretary) Jeff Souder Jeff Stockman Ryan Warner (Vice President) Michael Zahn REPRESENTING Huntington County Community School Corp. Huntington County Commissioners Town of Roanoke Huntington City Council Mayor, City of Huntington Huntington County Chamber of Commerce Huntington County Council Town of Andrews Town of Warren Town of Markle Lime City Development Committee LIME CITY DEVELOPMENT COMMITTEE By Joe Blomeke, 2013 President Lime City Development Committee Re/Max Professional Group and Huntington City Council The Lime City Development Committee serves as a standing committee of HCED, raising awareness of economic development activity in the city. In 2013, the committee held luncheon meetings at the former PACE Ford Building, HCED boardroom, Innovative Packaging Corp., Metalloid Alumicoat and Riverside Storage. Onward Manufacturing was one of the companies featured in the Lime City Development Committee s billboard campaign, highlighting amazing products made in Huntington.

6 THANKS TO OUR PRIVATE INVESTMENT PARTNERS AT&T of Indiana Bippus State Bank Building Contractors Association of NE IN Citizens Telephone Corporation Duke Energy Indiana East of Chicago Pizza, Warren, Indiana First Farmers Bank & Trust Company First Federal Savings Bank Herald-Press iab Financial Bank Indiana & Michigan Power M & S Powder Coating, LLC Midwest Pipe & Steel, LLC Novae Corporation Parkview Health (Huntington) Randy Sizemore Smekens Education Solutions, Inc. Teachers Credit Union United REMC Vectren Utility Holdings Zacher Company Roanoke s new Two-EE s Winery, owned by Eric Harris (pictured) and Emily Hart, has captured multiple awards since its May opening, including Harris Rising Star Winemaker award at the International Wine Channel TV Awards. Alister Rayner (left), Auger Torque LTD managing director, shakes Mayor Brooks Fetters hand at the incentive presentation for the international drill manufacturer s Huntington facility, the first in the U.S.

7 WHY HUNTINGTON? LOCATION Huntington County is ideally located in the heart of the Great Lakes region with easy access to Indianapolis, Chicago, Detroit, Cincinnati and Louisville, thanks to our many transportation assets: Norfolk Southern Rail I-69 NAFTA Corridor U.S. 24 Hoosier Heartland Industrial Corridor U.S. 24 Fort to Port Corridor Fort Wayne International Airport (FWA) Huntington Municipal Airport (HHG) WORKFORCE Our highly skilled workforce and pro-business environment have convinced several international giants to locate multimillion-dollar facilities here. They include: Waterloo, Ontario-based Onward Manufacturing Brazilian-based Gerdau Steel Helena Chemical, a division of Tokyo-based Marubeni Corporation Australian-owned Auger Torque French-owned Schneider Electric Bendix Commercial Vehicle Systems, a member of Germany s Knorr-Bremse Group VALUE Compared to major metropolitan markets, the cost to acquire and renovate a building in Huntington County is much less as is the cost of a greenfield site or a skilled workforce. The bottom line? Your dollar goes further here.

8 Huntington County Economic Development is your ally in site selection and development. Mission To maintain a unified economic development effort throughout Huntington County in order to promote opportunities for new job creation and capital investment in Huntington County Vision To make Huntington County a better place to live and work 8 West Market St. Huntington, IN (260) mark@hcued.com