Greater BeloitCommunity

and EconomicDevelopment Update

GBEDC Annual Investors Meeting

December 9, 2015

ProjectAnnouncement

Ebates/FatWallet Expansion

• Lease executed – Ironworks

• 18,538 SF

• $2.5M investment

• Construction underway

• Turnkey buildout on interior

• Façade improvements

• New roof with skylights

• Occupancy scheduled for February 2016

Ironworks Redevelopment

New Location: 525 3rd Street, Suite C

IndustrialDevelopment

Economic Development Activity

Axium Foods

• Significant expansion at SouthBeloit Oak Grove facility

• 50,000 square foot addition• $15 Million capital investment• 25 new jobs• City of South Beloit providing TIF

funded tax abatement incentiveand major interchangeinfrastructure reconstruction

• Construction to begin in spring of2016, complete in 2017

Altra Industrial Motion

• Renovation of South BeloitGardner Street location

• $4 Million capitalinvestment

• 30 new jobs• Adding new Research

and Developmentcapabilities

Frito-Lay Expansion Project

• 2810 KennedyRoad

• New potato chipline

• 30,000 SF addition• Construction

underway• Target

Completion-2nd Qtr. 2016

Riverside Energy Center

Alliant Energy proposed naturalgas-fueled generating station-Town of Beloit Riverside EnergyCenter 650 Megawatt $750 Million investment 200-300 Construction jobs

over 2 years Additional long-term

operational positionsIf approved by the PSC- Construction to begin

summer of 2016 Completed early 2019

Alliant Energy Solar Project

Alliant Energy & Hanwha Q Cells USACollaboration2.25 Megawatt Solar Field InstallationRock River Energy Center Town of BeloitHanwha will design, construct, and operatethe facility and Alliant will purchase theclean powerConstruction to begin later this yearGo online in the first half of 2016

Pratt Industries

Construction of a new corrugatedcontainer board manufacturingfacility

360,000 SF Facility

$52 Million Private CapitalInvestment

140 New “Green Collar” jobs

Production Machinery beinginstalled

Full Production by end of March2016

Ecolab

Entered into a longterm lease for theformer SEC buildingat 1630 Apex Dr.244,233 SFWarehousedistribution facility$2.5 Million capitalinvestment50 new jobs

MedicalRadioisotopes

Company plans todevelop a productionfacility linearaccelerators toproduce isotopes usedin diagnostic medicalimaging50,000 SF facilitycompletedPhase 1 will create 12new jobsPhase II to spring 2016

Former Cub Foods Building

20 Park AvenueRepurpose of formergrocery store into lightindustrial57,745 square footrenovationRemoval of parking lotand landscapingimprovements

DuPont Expansion

Significant productioncapacity expansionBuilding addition 3,000 SFParking lotreconfiguration andexpansion8 new jobs$16.5 million investment

ConAgra Foods

Signed a long-term lease to occupy140,000 SF at the former AlcoabuildingWarehouse/distributionAlso planning a major expansion to

its South Beloit cookie factory facility $15 Million 100-200 New jobs Target completion March 2016City of South Beloit and School

District of South Beloit providing a taxabatement incentive

A.M. Castle

Former Alcoa BuildingTemporary lease of 49,500SF through 12/31/2015StorageTraining

OTHER NOTABLEPROJECTS

BELOIT SENIOR HOUSING

2250 West HartRoad 44-100 units

being proposed 5 acre

development Project will

create 24 newjobs $5,000,000

privateinvestment Under

construction

Proposed New Assisted Living Residential Complex

Noodles & Company

• New Restaurantat 2900Milwaukee Road(Former Arby’s)

• Total Investment$800,000

• Renovationsunderway

• Plan to open early2016

Major InfrastructureProjects

Milwaukee Road Improvements –Phase I

• Sidewalkimprovements

• New crosswalks

• Signal updates

• Landscaping

• Construction tobegin 2016

I-39/90 ExpansionWidening Project scheduled to start in 2018and expected to be completed in 2022

(project delayed-subject to change)

Final I-39/90-I-43 interchange alignmentdetermined (construct 2019-2021)

County G (Prairie Avenue)Reconstruction from Huebbe Parkway North to WIS

11 WestConstruction underway expected to be completed

by mid-December 2015.

Inman ParkwayExtension

County HWY BT

Construction onconnecting linkfrom Hwy G(Prairie Ave.) toCounty S(Shopiere Rd.)Constructionpaused for winterExpected to becompleted in 2016

GBEDC Committee

Highlights/Activity

Gateway Master Planning

• Plan for future potentialexpansion

Land SalesCrop Income

• Identify land/ownership• Zoning/Other land use constraints• 208 Planning Area• Boundary Agreement• Availability Infrastructure• Prioritization Exercise

Business Retention and ExpansionProgram

239 Interviews

conducted todate

RLF Update

• Loan Portfolio Update• 4 loans

• $118,476 lent out

• Funds Available• $273,490.37

Investors Update

Paid Investors YTD: 71 Past Due: 0 New Investors YTD: 7

Beloit Property Managers Association Central Christian Church Chicago Fittings For HIM, Inc. (Homes Thru Financial

Freedom) NorthStar Medical Radioisotopes Pratt Industries Professional Testing Service

Budgeted Income: $65,000 Income YTD: $65,816.95

Preferred Vendor ListUpdated & Published

New Investors brochureDesigned & Published• Tool to support new investors campaign printing costs• Supported by a Alliant Energy’s 2015 Partnership Program grant

Economic Indicators

Economic Indicators& Trends (Rock County)

Sales Tax Collections

Residential Activities

Electric Meters & Usage

Investments & Projects

Industrial Vacancies

Unemployment Rates

Bankruptcies

Foreclosures

Detailed information, view the 2015 Rock County Economic Reportand/or Rock Ready Indices online at www.RockCountyAlliance.com.

Unemployment for the City of Beloit

Month/Year Rate Rank

October 2014 7.4% 3

November 2014 7.4% 2

December 2014 6.3% 3

January 2015 7.4% 3

February 2015 7.8% 2

March 2015 7.6% 2

April 2015 6.5% 2

May 2015 6.8% 3

June 2015 6.9% 3

July 2015 6.7% 3

August 2015 5.8% 3

September 2015 5.0% 3

October 2015 5.2% 3

*Source: Wisconsin Department of Workforce Development, Bureau of WorkforceTraining – Labor Market Information Section

Economic Development Activity

Number of Jobs

New

Square Feet Value

Total 449 545,456 $889,760,000

Number of Jobs

New

Square Feet Value

Total 3,437 4,260,404 $1,438,228,195

Summary of Economic Development ActivitySince 1999

Summary of Current Economic Development Activity

Participation reminder

Greater rock countySalary & benefits survey

http://astronsolutions.net/surveys/bhra/

Deadline 12/21/15

Thank You!