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APRIL 2016

2016 REPORT

SUCCESS

EXECUTING THE PLANS

Annual report oneconomic, community

and downtowndevelopment for Tiffin

and Seneca County, Ohio

SENECA INDUSTRAL AND ECONOMIC DEVELOPMENT CORPORATION

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On behalf of the entire SIEDC Team,DAVID R. ZAK, PRESIDENT & CEO

Executing the plans...

Legendary football coach Vince Lombardi is credited with the famous

directive to “plan your work and work your plan.” This mantra is a core

part of the SIEDC value system, and we believe that our strategic plans

for economic, community, and downtown development set us up for

strategic action that delivers real results and a return on investment.

And the results in the last two years have been inspiring. 200 different

investment, start-up, expansion, or location projects. $168 million in new

investment. 1,000 new jobs. Almost 7,000 retained jobs. Ranking in the

top 10% for economic development nationally.

We’re also seeing growth across all sectors of the economy, all

throughout Seneca County. We celebrate the successes and congratulate

our businesses and partners from Fostoria to the villages and townships

to the county seat in Tiffin. And 2016 looks to be another banner year.

Most importantly, our plans keep the organization driving forward even

when our team changes. I was away from SIEDC for four months at the

end of 2015, and Karen Bowers has left after 26 years to pursue private

consulting. We wish her nothing but the best, and this community owes

her a big debt of gratitude for her efforts.

So onward to the rest of 2016. We’re excited to work our plans.

David R. ZakPresident & CEO

Amy ReinhartDowntown Main

Street Manager

Katie LangCommunications

Coordinator

Bryce RiggsDevelopment

Coordinator

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Economic Development(est. 1983)

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Community Development(est. 1990)

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Downtown Development(est. 2014)

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>>OUR MISSIONECONOMIC DEVELOPMENT

Helping industry and commercial businesses locate and expand has been core to SIEDC’s mission since it was created in 1983. We assist companies in finding locations, obtaining incentives and resources, providing research and information, and advocating on their behalf to facilitate job creation and investment projects.

COMMUNITY DEVELOPMENT SIEDC has been involved with

housing, administering the City of Tiffin’s Community Development Block Grant program, and facilitating public development projects since 1990, and it plans on continuing that tradition while implementing a strategic and collaborative approach to prioritizing projects and refreshing our strategic plans.

DOWNTOWN DEVELOPMENT Tiffin Tomorrow grew out of the 2010

Downtown Strategic Plan and was intergrated into SIEDC at the beginning of 2014. Togther with its partners, supporters, and volunteers, SIEDC leads downtown revitalization using a Main Street approach focusing on Design (physical appearance), Marketing (events and promotion), Business Enhancement (strengthening existing and new busineses), and Operations (resources and oversight).

We helped Taiho with their CRA tax exemption

and solving a problem with relocating a

retention pond to facilitate their $8 million

expansion.

We began to establish a new Community

Reinvestment Area which is designed

to spur residential and commercial

development on Tiffin’s west side.

We helped Soni Junction obtain a $10,000 facade

enhancement grant to invest $200,000 and

turn an old gas station into a new, attractive

brick building.

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PROJECT REPORT<<

20 Largest Projects(by investment)

New Jobs

Retained Jobs

Investment Industry Type

Nox US 150 $32 million Manufacturing NewTaiho Corporation 50 180 $8 million Manufacturing Expansion

Mennel Milling 16 100 $8 million Manufacturing ExpansionHampton Inn 15 $4.4 million Retail Investment

Superior Credit Union 12 $3.2 million Service InvestmentProMedica 27 250 $3.2 million Health & Rec ExpansionAqua Ohio $2.2 million Infrastructure Investment

Kroger 115 $2.1 million Retail InvestmentOld Fort UMC 7 $1.8 million Gov/Non-Profit New

CRSI 3 $1.6 million Service New

Good Shepherd Home. 20 210 $1.2 million Health & Rec Expansion

Katy Industries $1.2 million Manufacturing InvestmentWFR Real Estate 0 3 $1.1 million Mixed Investment

Tiffin Deluxe 30 $1.0 million Service ExpansionOriana House/3EC 2 10 $1.0 million Health & Rec Expansion

G&L Oil 5 $900K Service InvestmentDollar General 7 $800K Retail New

Tiffin Metal Products $750K Manufacturing ExpansionBallreich Bros. 0 43 $500K Manufacturing Investment

Other Projects (100+) 312 3561 $14.9 million Various Various

Total (incl. other projects) 581 4548 $89.8 million Various Various

Industrial development in Seneca County continued strong into 2015 with more than $57 million (63%) of the total investment. International companies like Nox US and Taiho joined Mennel Milling, Tiffin Metal Products, and Ballreichs in fueling the growth.

Retail contributed $14 million (15%) of the year’s total. Hampton Inn, Kroger, Dollar General, Domino’s, the Empire at 138, the Silver Spoon Cafe, Perry Street Market, Soni Junction, Arby’s, Reineke, and Lowe’s were some of the businesses making investments.

Health & Recreation added another $8 million (9%) to the tally, with ProMedica doing two projects, Mercy Tiffin, CRSI, Good Shepherd Home, Oriana House, and others doing projects. Several park and memorial projects are also underway.

Infrastructure contributed $3 million (3%) to the investment total, with Aqua Ohio forming the majority, and telecom providers (Agile, Verizon, T Mobile, Sprint) adding to the total as well. This does not include public infrastructure.

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PROJECT REPORT<<

Foreign Direct Investment continues to be a major factor in northwest Ohio’s resurgence, and the international companies in Tiffin, Fostoria and throughout Seneca County are some of the strongest in the region.

D. Paul Zito, Vice President of International Development, Regional Growth Partnership

AMONG THE BEST IN THE US ... 5 YEARS RUNNING

5000 JOBSNEW AND RETAINED

More than 580 new jobs were created and 4500 retained in 2015.

$90 MILLIONCAPITAL EXPENDITURES

Almost $90 million in fixed capital as-set investment made public in 2015.

300K SQ FTREAL ESTATE

Construction, renovation, and purchase exceeded 300,000 square feet in 2015.

Site Selection Magazine has annually ranked states and cities for private economic development projects since 1978. In order to count, projects must involve $1+ million capital investment, create 20+ new jobs, or have 20K+ square feet in new construction.

There are 576 micropolitans like Tiffin and Seneca County in the US. Micropolitans are counties with a central city between 10,000 and 50,000 in population that are not part of a metropolitan area (MSA).

In March 2016, Tiffin and Seneca County ranked in the top 10% of all micropolitans (tied for 39th). This is the third year in a row reaching the top 10%.

This is the fith year in a row this community has been nationally ranked (top 20%), and the ninth time out of the last 12 years.

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Tiffin’s downtown is surging. From 2014 to 2015, there have been 62 investments, new businesses, and public projects, representing $7 million in new capital invested.

DOWNTOWNREVITALIZING OUR

We were excited to accept Tiffin as Ohio’s newest Main Street Community. The collaboration, staff, planning, and programs are truly impressive.

Jeff Siegler, Director of Revitalization, Heritage Ohio

MAIN STREET After first applying to the program

when it started 1977, and after decades of dedication and hard work, Tiffin was accepted as the 24th Ohio Main Street community.

FACADE ENHANCEMENT In 2015, the Facade Enhancement

Grant program awarded 19 projects $100,000 in funding, resulting in $850,000 in renovations.

WAYFINDING & KIOSKS $100,000 was allocated to create 21

wayfinding signs and three kiosks to help orient residents and visitors to the parking, businesses and assets in downtown Tiffin. Kiosks will be located on both Heidelberg and Tiffin University campuses.

NEW BUSINESSES Announcements in 2016 included

Simply Susan’s, Empire at 138, KKR Consult, Paks Karate, Vintage Chick, and Family and Community Services, among others.

STRATEGIC PLAN By the end of 2015, 70% of the

124-point Downtown Strategic Plan had been completed or was ongoing

DOWNTOWN SUMMIT As part of the new Downtown

Development Plan, the first (annual) downtown summit was held, with more than 100 attending, listening to expert speakers and providing feedback. The second will be held on May 18, 2016.

$250M 10K 1.5M

$83M from 2012 to 2013. $168M from 2014-2015. Various sources.

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ANNOUNCED INVESTMENT(2012-2015)

SQUARE FEET OF REAL ESTATE(2012-2015)

JOBS CREATED AND RETAINED (2012-2015)

1500 new jobs, 8700 retained. Various sources.

Constructed, renovated, or purchased. Various sources.

Tiffin ranked in top 10 in Midwest for entrepreneurship

First County Manufacturing Bus Tour is a great success

City and Foundation partner on new $550K Rock Creek Trail

Tiffin was ranked the tenth best city in the Midwest to start a business (out of 800). The ranking was based on census data, small business employee growth, and percentage of small businesses.

Representatives from nine area schools visited Seneca Millwork, Mennel Milling, Toledo Molding & Die, Tiffin Metal

Products, National Machinery and Sentinel Career Center to learn about careers in advanced manufacturing.

The Tiffin Charitable Foundation and the City of Tiffin partnered together to fund a new trail from the Josiah Hedges downtown park to Hedges-Boyer Park near Heidelberg University, to be completed by December 2016.

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OFFICES 19 W. MARKET ST., SUITE C TIFFIN, OH 44883PHONE 419.447.3831FAX 419.447.5141INTERNET SENECASUCCESS.COMNEWS/INFO SENECAMOBILE.COMFACEBOOK SENECASUCCESSINSTAGRAM SENECASUCCESSTWITTER @SENECASUCCESS

2016 BOARD OF TRUSTEES

EXECUTIVE COMMITTEEChair - Andrew Felter, President & CEO, Webster IndustriesVice Chair - Lynn Detterman, President & CEO, Mercy Tiffin HospitalPast Chair - Rob Huntington, President, Heidelberg UniversityTreasurer - Mike Spragg, President & CEO, Old Fort Banking CompanyCommittee - Denny Kerschner, President & CEO, Tiffin Insulators City - Aaron Montz, Mayor, City of TiffinCounty - Fred Zoeller, Commissioner, Seneca County

TRUSTEESJohn Arnold, President, Arnold Vending Co.Rahat Ahmed, Financial Center Manager, Fifth Third BankDana Bennett, Vice President, Sutton BankLenny Clouse, President, Clouse ConstructionSteve Dandurand, Vice President, Corporate One BenefitsThomas Daniel, President, Seneca County Home Builders AssociationJohn Detwiler, President & CEO, Seneca Regional ChamberMitch Felton, President, United InsuranceAndrew Kalnow, CEO, National MachineryJoAnn King, Vice President, US BankMike Mastro, President & CEO, The Mastro GroupCarl Pastorella, Human Resources Manager, Toledo Molding and DieDan Reineke, Owner, Reineke Family of DealershipsLillian Schumacher, President, Tiffin UniversityMike Shanaberger, Vice President, Taiho Corp. of AmericaTyler Shuff, Councilman, City of TiffinGwen Stallard, AVP Branch Manager, Croghan Colonial BankVicki Wheatley, Superintendent, Tiffin City SchoolsRandy Wiser, Vice President, Laminate Technologies