WCEDC GroWARRENow Pres 021312

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Warren County Economic Development Corp. Warren County Economic Development Corp. Warren County Economic Development Corp. Warren County Economic Development Corp.

Transcript of WCEDC GroWARRENow Pres 021312

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Warren County Economic Development Corp. Warren County Economic Development Corp. Warren County Economic Development Corp. Warren County Economic Development Corp.

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WARREN COUNTY IS GROWTHPopulation growth of almost 14% from 2000 – 2010. (40,671 to

46,225)

Household Income grew 24.5% from 2000 – 2010 ($51,000 to

$64,371)

Job Growth over the next 10 years is estimated at 33.18%

(2% higher than national estimated growth)

The top 20 companies in W.C. had $690,000,000 in sales last year

(an estimated 38% increase in ten years )

W.C. MHI is $64,371 (20.5% higher than national average)

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WARREN COUNTY IS GROWTH (CONT.)Ranked third in the state for per capita income at $29,327 (#1

Dallas, Dickinson #2)

Ranked second in the state for median household income at

$64,371 (#1 Dallas)

Ranked 2% higher than the national average for the percent of

population employed in the Management, Business, and

Financial Sectors.

Ranked 3% higher than the national average for the percent of

population employed in the Office Professional Sector, & 1%

higher in the Construction & Extraction.

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WARREN COUNTY IS GROWTH (CONT.)

Fourth Fastest Growing County in the State (population)

Students enrolled in Warren County Schools have a graduation

rate of 96.24% (9.24%higher than the state average and 26.24%

higher than the national average)

The unemployment rate in Warren County is 5.5%

(2 % lower than the state, and 2.8% lower than the national rate)

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Workforce Base

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WARREN COUNTY IS KNOWN BY

THE COMPANIES THAT WE KEEP!

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Capital City Fruit• Roughly 120 jobs

• Family-owned business founded in 1949 and current management in place since 2004.

• Regional distributor of fresh fruits and vegetables, serving retail grocery distribution centers and institutional food service wholesale customers

• Expansion underway for a 70,000 square feet facility for distribution facility and 12,000 for offices. Will move into the building on October 31. It is a $13.5 million project.

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Alamo Group

• 65 employees in Indianola

• Began as Herschel in 1974, Alamo Group in 1995

• Manufactures and distributes aftermarket parts for the Agricultural Industry

• In 2002 the warehouse was expanded by 52,500 sq. ft. for $1.3 million

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Cemen Tech• Current employment is

approx. 89 (100% employee-owned)

• Cemen Tech is a 43 year old company with 38 years in Indianola.

• Cemen Tech is the world’s largest designer and manufacturer of volumetric concrete mixers.

• Employee levels up marginally after concrete industry hit hard in 2008.

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EDJE Technologies

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General Mills• General Mills presently has

90 full time employees

• General Mills been operating in Carlisle for 55 years

• Produces Gold Medal wheat flour for the wholesale Baking Industry as well as Betty Crocker baking mixes for the retail market.

• Last expansion was in 2002 with a nearly doubling of capacity to our retail baking mix operation. 15 new employees were added at that time.

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Harvest Innovations• 50 employees

• Soy Innovations started in

2002 as a pilot plant.

Current owners purchased in

2009

• Primary product is soy based

protein (largest supplier for

ingredients – bars, cereals)

• Built a new plant in Ohio and

would like to expand in

Indianola

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La Quercia• 27 employees

• Started in 2000, began

processing ham in 2005

• Processes premium dry

cure pork in Italian

tradition

• Doubled building size in

2009. Added more

machines for aging and

slicing meat

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Williams Machine Shop• 16 total employees

• 20 years in Warren County

• Diversified business with

walk in repairs, contract

work with Canadian

customer, and duct work

• Added on to building each

of the last six years (25k sq

ft total)

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Other Notable Firms

Powdered Metal

Products

Marble Works

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Transportation Connectivity

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Southwest Connector & Arterial

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Hwy 5 Bypass / Interstate Redesignation

(Purple Heart Highway)

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Highway 92 Reconstruction

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New Cumming Exit Interchange

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Real Estate Opportunities

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Toy Direct - Indianola142,000 sq. ft. of lease space

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Scotch Ridge - Carlisle

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Summercrest Hills - Indianola

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Colonial Parkway - Norwalk

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Cumming Planned Area

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Broadband & Technology – Indianola Municipal Utilities

� Public/Private partnership that delivers world-class advanced

telecom services and helps foster a vibrant Warren Co. tech

economy.

� Municipal-owned fiber-to-the-premise distribution network

interconnected to statewide fiber networks using SONET

architecture.

� Broadband capacity and pricing designed to meets the needs of

both the largest (100MB/sec. +) and smallest (1MB/sec.)

customer; up to 10Gbps potential plus dark fiber services available

to private carriers of choice.

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What Makes Warren County Special?

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Great Western Trail

Woodland Mounds Preserve Trail

Summerset Trail and Park

Lake Ahquabi State Park

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WE’VE GONE SOCIALWE’VE GONE SOCIALWE’VE GONE SOCIALWE’VE GONE SOCIAL

@GroWARRENow@GroWARRENow@GroWARRENow@GroWARRENow

facebook.com/facebook.com/facebook.com/facebook.com/warrencountyedcwarrencountyedcwarrencountyedcwarrencountyedc

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Warren County EDC111 North Buxton

Indianola, Iowa 50125

(515) 961-1067

Jason White: [email protected]

Hollie Askey: [email protected]

Chelsea Rouse: [email protected]