Carlisle Chamber of CommerceApril 8th, 2014 – 12:00pm

WHAT IS WCEDC?

The professional non-profit, public/private partnership organization foremost responsible for creating economic

development opportunities for communities and unincorporated areas of Greater Warren County, Iowa.

WHO ARE THE CUSTOMERS (AND WHAT ARE THEIR INTERESTS)?

• Local Governments/Schools: Tax Base / Residents / Students

• Businesses: Increased Sales ($$)

• Communities: New Job Opportunities / Services / Buying Opportunities

WHY IS AN ORGANIZATION NEEDED FOR THIS?

• THOUSANDS of communities and economic development organizations compete for businesses (competition is fierce).

• Businesses want someone who stands in their corner and guides them through the development process.

• Businesses tend to desire communities which demonstrate development preparation and will make the necessary investments to attract deals. These communities WIN.

• Communities which are unprepared for growth or do not prioritize highly the needs of existing and prospective businesses LOSE.

GROWARRENOW

The most aggressive multi-year economic development plan that Warren County has ever had.

GROWARRENOW GOALS

• Grow Population

• Enhance Wealth

• Boost Private sector jobs

• Increase the Commercial/Industrial Tax Base

• Retain Dollars in our Local Economy

GROWARRENOW PROGRESS

Grow Population: 47,336 (11th in Iowa) Population increase of 2.4% since 2010 Laborshed increased from 224,267 to 277,491 (24%)

Enhance Wealth: #2 Median Household Income

Increase Private sector jobs: +461 Between 2010 and 2012

Enhance the Commercial/Industrial Tax Base: Carlisle Added $3.6 million in Commercial Permit Valuation in 2013

Retain Dollars in our Local Economy: Up 12.6% Since 2010

CARLISLE IS TOPS (RECENT MENTIONS)

• Warren County #1 for Number of River Miles (Source: Des Moines Register)

• Warren County schools among the highest graduation rates in Iowa (Source: County Health Rankings)

• Warren County among the top counties for cleanest drinking water (Source: County Health Rankings)

• Warren County #7 in Iowa in the percentage of the population with a Bachelors Degree at 20.4%.

• Carlisle’s residential building permits increased by 771% since 2012, HIGHEST in Des Moines Metro (Source: Des Moines Register)

HISTORIC INVESTMENTS – TOP PROJECTS IN WARREN COUNTY

Company Location ActionEmployee

Additions

Total

Employee

s

Capital

InvestmentProduct/Service

Advance Auto Parts Indianola Location 10 10 $500,000 Automotive Parts & Accessories Stores

C&L CompaniesWarren

CountyLocation 15 15 $3,000,000

Warehouse, distribution, testing grounds

for ATV/motorcycle aftermarket parts

Capital City Fruit Norwalk Expansion 20 140 $12,000,000 Regional distributor of fresh produce

Community 1st Credit

UnionIndianola Location 6 6 $850,000 Financial services

Dollar General Carlisle Location 5 5 $800,000 General Merchandise Retail Store

Fareway Food Stores Carlisle Location 65 65 $4,000,000 Grocery store

Greater Iowa Credit

UnionIndianola Location 6 6 $850,000 Financial services

Harvest Innovations Indianola Expansion 53 70 $2,000,000 Processor or organic beans for

cereals/bars

La Quercia Norwalk Expansion 20 48 $3,000,000 Processor of prosciutto ham

Loffredo Fresh Produce Norwalk Location 165 165 $7,000,000 Slicing facility for fresh fruits & veggies

Mercy Medical Clinics IndianolaExpans/Locatio

nNA 82 $6,000,000 Health care services

Murphy Tower Carlisle Expansion 18 41 NA Constructs cell phone towers

Rowe Electronics Norwalk Expansion 15 35 $2,100,000 Makes wire harnesses for ag companies

Simpson College Indianola Expansion NA NA $25,000,000

Post-secondary liberal arts college:

Kent Campus Center, Athletic Center,

Blank Performing Arts renovation

Subway Carlisle Location 13 13 $600,000 Full service restaurant

Theisen's Indianola Location 60 60 $750,000 Farm and home retail store

UnityPoint Indianola Expansion NA 21 $3,000,000 Health care services

Vintage Hills Senior

LivingIndianola Location 20 20 $17,000,000 Senior living and care

Williams Machine Shop Lacona Expansion 10 25 $200,000 Welding and fabrication shop

YMCA Indianola Location 117 117 $16,000,000 Healthy living workout facility

TOTALS 638 944$104,650,00

MAJOR HAPPENINGS - FAREWAY FOOD STORE

MAJOR HAPPENINGS - C&L WAREHOUSE & DISTRIBUTION

MAJOR HAPPENINGS - LOFFREDO FRESH PRODUCE

MAJOR HAPPENINGS – SUMMERCREST HILLS

WHAT’S NEXT?

WHAT ELSE?

Small Business Loan Fund

Dashboard and Website

Shovel-Ready Sites

Regional Partnerships and Recognition

“The southern gateway to Des Moines Metro”

FACES AT WCEDC

Jason WhiteExecutive Director

Deb DowneySmall Business Consultant

Samantha RiordanProject Coordinator

Rachel GockenAdmin. & Comm. Coordinator

Hollie AskeyDirector of Operations

QUESTIONS / COMMENTS