2014 Annual Report LOCATION WORKFORCE VALUE
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1 2014 Annual Report LOCATION WORKFORCE VALUE
2 2014 IN REVIEW Tenacious. Resilient. Determined. Trustworthy. TESTED! These are critically important traits for business owners in today s marketplace and central to understanding who we are in Northeast Indiana. Economic development is a systematic effort to preserve and enhance the vitality of a community s economy. I believe it is best described as a team sport most resembling a long-distance relay race. Everyone on the team has a role to play and must successfully pass the baton to the next team member to keep the team competitive in the long run. Mark Wickersham Today, amid the uncertainty in the global marketplace, employers large and small continue to grow, prosper and diversify in Northeast Indiana. This report highlights the 2014 accomplishments of the economic development team in Huntington County as we work to help make Huntington County an even better place to live and work. But to make a long story short, 1. Unemployment is down. 2. Occupancy of industrial sites is up. 3. The local industrial base is stable and supporting new retail and service businesses. 4. Our local units of government are pro-business and fiscally sound. We are a proud part of the Northeast Indiana Region, relentlessly reliable, standing on our conviction that through hard work and determination we can achieve virtually anything. Saint Francis of Assisi is quoted as saying, Do what s necessary; then do what s possible; and suddenly you are doing the impossible. There are numerous clients, donors, governmental officials and others in Huntington County tenaciously working toward making the impossible become a reality. It s my pleasure to say thank you on behalf of our economic development team! Mark Wickersham Executive Director
3 2014 CLIENT PROJECTS The leadership of Echo Lake Foods officially cuts the ribbon for their new plant in Huntington. CLIENT PROJECTS Bendix Reman Buckeye Application Continental Structural Plastics Ecolab Gladieux Trading & Marketing Huntington Aluminum IMCO/Enviro Forensics Incipio Devices J.O. Wolf Tool & Die Novae Corporation PHD Corporation Standard Auto Parts Group Two EE s Winery UTEC (2 projects) ADDITIONAL ACTIVITIES Automotive Communities Partnership Huntington Chamber of Commerce EDGE Meetings Indiana Economic Development Association NE Indiana Regional Chamber of Commerce NE Indiana Regional Partnership Andrews, Indiana: assisted with grant requests for building & infrastructure projects Markle, Indiana: assisted with grant requests for infrastructure at the Markle Industrial Park Roanoke, Indiana: assisted with telecommunications infrastructure projects Warren, Indiana: supported initiatives through the Warren Chamber of Commerce Greenfield sites are available at the Markle Industrial Park, I-69 Exit 286.
4 ECONOMIC IMPACT 7-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, $34,873, ,814 TOTALS 73 $224,705, ,965 5, FINANCIAL OVERVIEW* Operating Expenditures $215, Operating Revenues $247, *Preliminary Report as of 1/07/15 TARGET INDUSTRY CLUSTERS Advanced & precision manufacturing Food processing Higher education Logistics Aviation systems/airport Metal/steel fabrication Mineral aggregates Petroleum refining and distribution Technology Coils of steel await the talented workforce at the Huntington Division of Ontario-based Onward Manufacturing Company. Metal fabrication is a significant part of the Huntington County economy.
5 2015 BOARD OF DIRECTORS MEMBER Rex Baxter Jay Buzzard Perry Collins Greg Davis Brooks Fetters Kyle Hamilton Kevin Killen Steve Kimmel Teresa McClellan Kendall Mickley Mike Rohler Randy Sizemore Jeff Souder Jeff Stockman Tom Wall Ryan Warner Michael Zahn REPRESENTING Huntington County Community School Corporation Town of Roanoke Huntington City Common Council Mayor, City of Huntington Huntington County Chamber of Commerce Huntington County Council Town of Andrews Town of Warren Town of Markle Huntington County Commissioners Lime City Development Committee LIME CITY DEVELOPMENT COMMITTEE Michael Zahn, 2014 President Lime City Committee The Lime City Development Committee serves as a standing committee of HCED, raising awareness of economic development activity in the City of Huntington. The 2014 Committee members enjoyed luncheons at various locations throughout Huntington including, the historic Public Service Indiana (Duke Energy) Building, the Herald-Press Building, Norwood Golf Course, the Huntington City-Township Public Library, and the historic Wabash Railroad Depot. Nick s Kitchen has been an anchor in downtown Huntington since 1908.
6 THANKS TO OUR PRIVATE INVESTMENT PARTNERS AT&T of Indiana Bendix Commercial Vehicle Systems Bippus State Bank Bolinger s Propane Service Building Contractors Association of NE IN Citizens Telephone Corporation Continental Structural Plastics Duke Energy Indiana East of Chicago Pizza, Warren, Indiana Echo Lake Foods First Farmers Bank & Trust Company First Federal Savings Bank Gladieux Processing, LLC Hagerman Group, Inc. Herald-Press Heritage Pointe iab Financial Bank Indiana & Michigan Power Jay Buzzard Jeff Souder M & S Industrial Metal Fabricators M & S Powder Coating, LLC Midwest Pipe & Steel, LLC Nelson Machine & Fabricating Novae Corporation Parkview Huntington Hospital Randy Sizemore Smekens Education Solutions, Inc. Teachers Credit Union United REMC Vectren Utility Holdings Warren Service & Supply Company Wayne Metals, LLC Zacher Company Award winning BBQ grills made in Huntington are shipped around the world. Building sites are available now.
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: Australia Auger Torque, Ltd. Brazil Gerdau Steel, Huntington Canada Onward Manufacturing France Schneider Electric Germany Bendix Commercial Vehicle Systems Japan Helena Chemical (a division of Marubeni Corporation) 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
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