ANNUAL REPORT2011

JSDC

Jamestown/Stutsman CountyNorth Dakota

The Right Conditions for Growth

Spiritwood Energy Park Association

Jamestown Regional Medical Center

Jamestown Regional Airport New Terminal

Infi nity Building Services Gavilon - Liquid Fertilizer Facility

INDEX

JSDC Board of Directors ............................................................................................................................................2

JSDC 2011 Strategic Plan ..........................................................................................................................................3

Letter from JSDC Chief Executive Offi cer ....................................................................................................................4

Letter from JSDC Board of Director’s President ...........................................................................................................5

Financial Overview ................................................................................................................................................ 6-7

2011 Project Reviews ............................................................................................................................................ 8-9

JSDC Partners

College.Connections.Committee .........................................................................................................................9

TrainND .............................................................................................................................................................9

South Central Dakota Regional Council ............................................................................................................10

Small Business Development Center .................................................................................................................11

SCORE ............................................................................................................................................................11

Chamber of Commerce ....................................................................................................................................11

North Dakota Trade Offi ce .......................................................................................................................... 12-13

Buffalo City Tourism Foundation .......................................................................................................................14

Central Grassland Research Center ..................................................................................................................15

Community Works - Dream Fund .......................................................................................................................16

Roundtables

Manufacturers Roundtable ..............................................................................................................................16

Training Center Committee/Medical Leaders Roundtable ..................................................................................16

JSDC Partner List ....................................................................................................................................................17

Community Highlights ....................................................................................................................................... 18-19

Economy-at-a-Glance .........................................................................................................................................20-21

Tools for Economic Development ..............................................................................................................................21

JSDC Staff Reports

Offi ce Coordinator ............................................................................................................................................22

Marketing/Business Development Specialist .............................................................................................. 22-23

About JSDC ............................................................................................................................................................24

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JSDC BOARD OF DIRECTORS

Alex SchweitzerPresident

North Dakota State Hospital

Gary Riffe Vice President

Retired,Hi-Acres Manor

Dennis EllefsonSecretary/Treasurer

Otter Tail Power Company

Jim BoydPast President

Retired, Goodrich Cargo Systems

Mark KloseAt-Large Representative

Chairman,Stutsman County Commission

Katie AndersenAt -Large RepresentativeMayor, City of Jamestown

Gerald Horner Northland Financial

Todd Hudspeth Jamestown Regional

Medical Center

Chris Rathjen Newman Signs Inc.

Nicholas SchmidtSchmidt Chiropractic Clinic

Bob Toso Superintendent of Schools

Eric Tuchscher Edward Jones Investments

Ramone GumkeJamestown City Council

Dale Marks Stutsman County Commission

Alan O’Neil Chamber of Commerce Chair

JSDC EX-OFFICIO BOARD MEMBERSCasey Bradley

Stutsman County Chief Operating Offi cer

Jeff FuchsJamestown City Administrator

Tim BurchillChamber of Commerce Vice Chair

Kimberly SaxbergChamber of Commerce Executive Director

Nina SneiderBuffalo City Tourism Director

JSDC STAFFConnie Ova

Chief Executive Offi cer

Lindsey LarsonMarketing/Business Development Specialist

DeAnn BrunnerOffi ce Coordinator

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Endless P o s s i b i l i t i e s

One C o u n t y Twelve

Communities

Jamestown/Stutsman Development Corporation (JSDC) strengthens the region by providing a comprehensive menu of solutions and effective county-wide based economic development leadership with vision and coordination. JSDC offers an integrated approach of programs and services to support the creation of new business, the expansion of existing businesses within the county, and the attraction of companies that offer skilled jobs.

[trans] Plant Nurture Grow

3

VisionTo be the premier catalyst in economic development

and growing our community.

MissionJamestown/Stutsman

Development Corporation (JSDC) is dedicated to area

economic development growth and diversifi cation.

JSDC Strategic PlanEvery year the Board of Directors updates its Strategic Plan which includes fi ve strategies.

These strategies are listed below:

1. Spirit Energy Park Development• Biomass Plants (2) & other• Infrastructure Development• Spiritwood Energy Park

Association (SEPA)2. Controlled Environmental

Agriculture (CEA)3. Entrepreneurial Center

4. Attract Tenant to JSDC owned Parks

• Food Processing Park• I-94 Business Park• Airport Industrial Park

5. Development Southwest Jamestown

LETTER F R O M T H E P R E S I D E N T

4

LETTER F R O M T H E P R E S I D E N T

The Jamestown/Stutsman Development Corporation (JSDC) has worked diligently to build a reputation for collaboration, success and achievement while working with many state, regional, and local allies resulting in the recognition we’ve achieved to date.

The knowledge and vision of our Board, City and County leadership, combined with JSDC staffs’ energy and action, has helped us reach several milestones that will change the face of this community in the ensuing years.

I believe we have successfully laid the foundation for future opportunities for Stutsman County with the creation of Spiritwood Energy Park Association (SEPA). SEPA presents a unique opportunity to combine resources from two separate organizations, Great River Energy and JSDC, for the signifi cant greater good of the community and local business. Spiritwood Energy Park is where the interests of JSDC and Great River Energy come together with adjacent land parcels, the ideal infrastructure and a business concept to attract signifi cant new industry and jobs to the area. We are extremely encouraged with Great River Energy’s commitment to be the fi rst tenant in the park. The proposed 75 million gallon per year (MGY) “hybrid” ethanol biorefi nery comprised of a 65 MGY dry mill ethanol plant and a 10 MGY cellulosic ethanol addition will serve as a great catalyst for the park.

We also broke new ground with the idea of supporting a controlled environmental agriculture facility that would grow leaf lettuce. The JSDC committed funds to support a feasibility study, which concluded that such a facility would be realistic in our community. Controlled environmental agriculture is an extremely safe source of food. The potential is phenomenal. The greenhouse project will not only provide fresh produce, but it will also save on energy and transportation costs. There are a lot of fuel costs transporting the produce from areas such as Mexico and California where the majority of lettuce is grown. The project is currently in the middle of constructing a working model of the greenhouse as part of an effort to gain fi nancial backers for the $10 million dollar project.

Growth is not always measured by new companies relocating to the area or increase in population, but by creating better jobs and by expanding their service base. Several of our existing businesses expanded their operation during the last year with the help of JSDC that resulted in increased workforce and an overall boost to our community.

• Extensive renovation and numerous improvements to Buffalo City Rotisserie Grill • Allen Enterprises qualifi ed for a Flex-PACE interest buy-down loan for the expansion of showroom for Infi nity Business

Services as well as the addition of a hoop house.• Gavilon Group, LLC committed $4 million for the construction of a liquid fertilizer plant, which will be in addition to their

existing dry fertilizer plant just outside of Jamestown• Jamestown Regional Airport introduced its new $2 million passenger terminal in December last year and continue with

renovations for administrative offi ces.• Super 8 Motel acquired Flex-PACE interest buy-down loan funds for the construction for their 20 room expansion

• Custom Contracting also utilized Flex-PACE interest buy-down funds to relocate their business headquarters

We have come far in a relatively short period of time, thanks in large part to the support and direction from our past organizational leaders, current and former board members, staff, city and county leaders and most importantly community supporters.

I have enjoyed serving as your President last year and look forward to serving you one more year, and am encouraged by the opportunities that are starting to unfold for Stutsman County.

Alex C. SchweitzerPresident, Board of Directors

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LETTER F R O M T H E C E O

The practice of economic development has changed dramatically since I began this career path. As a fi eld that grew out of industrial development as the primary tool to create jobs, economic development has been challenged to remake itself around fundamental changes in the economy, technology, workforce and global integration. Business models have changed, with the rise of the global corporation and the decline of local corporate leadership. Workforce quality has become a more urgent concern; a much higher level of skills is required today before coming onto the job. In addition, retiring baby boomers will be replaced by a much smaller cohort. For multiple reasons, manufacturing jobs have declined and any growth in the fi eld will merely keep employment fl at.

The formerly well-defi ned and reasonably straightforward profession of economic development has become more complex and unpredictable. The way businesses function in today’s economy – and therefore the way jobs are created – has changed at its core, and economic developers have been challenged both to understand these fundamental changes and to devise new tools to respond to them.

One of the new tools used by JSDC is the Flex PACE Interest buy-down which was a change at the Bank of North Dakota to provide this as an avenue for assistance for those companies not specifi cally “primary sector” companies. It has become so popular that JSDC modifi ed their Policies and Procedures this year in order to make sure that tool was a part of our local toolbox for economic development.

The economic development news today overfl ows with articles noting that the presence of a strong, skilled workforce has replaced a low-cost business environment as the number one concern of expanding and relocating companies. Another focus is the priorities of young, productive workers, people who won’t go just anywhere for a good job. These are workers who value a clean environment and places with amenities that often require public investment (such as a thriving downtown, good parks and good educational opportunities). This represents a major change away from economic development strategies that focus solely on what businesses want, rather than what people and communities want.

A quality job is likely to attract a more valuable employee. A more valuable employee is one who stays at their job longer which saves money on recruitment and retraining costs; one who is invested in his or her work, feels a sense of loyalty to an employer and is more productive; and who possesses skills that make a company more competitive. High quality, entry-level jobs in larger companies can bring in new workers who will take advantage of opportunities for advancement to mid-level, higher skilled jobs, working through a succession of increasingly responsible positions and providing value to the company from within.

JSDC strives to use tools to enhance workforce skills. Notably, New Jobs Training Funds are one of our predominantly used tools and we are happy to also have Jamestown Job Service as one of our partners. We are quick to advise businesses about Workforce 20/20 as well and continue to promote the training offered by ND Workforce Training aka Train ND. We have been assessing the needs for more workers and are brainstorming ideas on recruitment as well as partnering with ND Department of Commerce to recruit people as well as businesses.

I am proud to report that in this changing economy we were able to grow the Jamestown and Stutsman County area in 2011 by providing business re-location, business expansion, business retention and community enhancement opportunities. These are detailed in this JSDC 2011 Annual Report and I encourage you to review the report thoroughly and share it with others!

The JSDC Board of Directors and staff continue to strive for growth, quality jobs and prosperity for the people and businesses of Jamestown and Stutsman County.

Connie J. OvaChief Executive Offi cer

“Change is the law of life. And those who look only to the past or present are certain to miss the future” John F. Kennedy

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2011 Budget Overview

Revenue AmountCounty Mill Levy .............................. $248,624.61City Sales Tax ...............................$1,074,449.91Real Estate Sales ......................................... 0.00Land Rent ..........................................$28,470.37Loan Repayments ........................... $435,359.69Interest ............................................ $64,706.13TOTAL ...........................................$1,851,610.71

Expenditures AmountOperating Costs ............................... $373,000.00Grants............................................. $443,902.00Loans ......................................................... $0.00PACE Interest Buy Down ................... $309,000.00New Jobs Training Fund ............................... $0.00Stocks ....................................................... $0.00Land/Building ................................. $405,096.00Infrastructure ............................... $3,750,000.00TOTAL ........................................... $5,280,998.00

Total ExpendituresOperating Costs

7%Grants

8%

PACE/Flex-PACE Interest Buy Down

6%

Land/Buildings8%Infrastructure

71%

Combined Revenue Sources

County Mill Levy 13%

Loan Repayment24%

Interest3%

City Sales Tax

58%

Land Rent2%

See page 7 for detailed 2011 project report fi gures.

• In 2011 approximately $744,000 worth of property taxes were paid to Jamestown and Stutsman County by companies assisted by JSDC through the years of operation. The taxable value of those companies exceeds $33,000,000

FINANCIAL OVERVIEW

Expenditures AmountOperating Costs ............................ $4,071,225.00Grants........................................ $13,790,167.00Loans ........................................... $3,709,271.00PACE Interest Buy Down ................ $2,072,318.00New Jobs Training Fund ................. $1,648,941.00Stocks ......................................... $6,434,000.00Land/Building .............................. $3,805,064.00Infrastructure ............................. $11,239,287.00TOTAL ......................................... $46,770,273.00

Cumulative Project Funding for years 1988-2011

Cumulative Project Expenditures

Stocks14%

Infrastructure24%

Operating9%

Grants29%

Land/Buildings8%

New Jobs Training Fund4%

Loans8%

PACE/Flex-PACE Interest Buy Down

4%

Revenue AmountCounty Mill Levy ........................... $5,738,754.61City Sales Tax ............................. $40,346,631.00TOTAL ......................................... $46,085,385.00

Funding Allocations for years 1988-2011

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2011 PROJECT REVIEWBuffalo City Grille

• $100,000 Flex-PACE Interest Buy Down Loan, which facilitated Bank of North Dakota grant for $200,000• Extensive remodeling and numerous improvements to facility, increased seating to 180 guests• Loan to be paid back to the economic development fund after initial loan is paid

Dakota Spirit AgEnergy Denmark Trip• $15,000 Grant for delegation trip to Denmark• Provided face to face meeting with producers in Kalundobrg, which

provides feedstock to the Inbicon project, as well as a tour of the facility and hands on information for local legislators, producers and representatives of Stutsman County and City of Jamestown.

Allen Entreprises• $100,000 Flex-PACE Interest Buy Down Loan, which facilitated

Bank of North Dakota grant for $200,000• Expansion to Infi nity Building Services, increased the size of show

room and addition of hoop house• Loan to be paid back to the economic development fund after initial

loan is paid• 2 new jobs

Storefront Improvement Project• $100,000 Grant• Program designed to provide matching dollars to assists the business community in making improvements and

reinvestments to their businesses• Was not approved at County Commission, therefore program was not implemented

Incubator for Entrepreneurship - Contract for Service with I.D.E.A. Center• $12,000 Grant• Provide assistance and knowledge to communities/businesses looking to start business incubators. Contract to

provide strategic planning, funding sources as well as client and facility management knowledgeJSDC Intern

• $8,500 Grant• Funds to hire Jamestown College intern to assist the JSDC staff with every day duties and special projects

Gavilon• $55,000 New Jobs Training Fund, funds not utilize due to they did not qualify at state level• $62,500 Jobs Incentive Grant• Construction of liquid fertilizer plant, will be an addition to their existing dry fertilizer plant

Controlled Environment Agriculture (CEA) facility feasibility study• $75,000 Grant to be used as matching funds for Agriculture Product Utilization Commission (APUC)• Conducted by Hydrosun Hydroponics, Inc. (HHI) of Grasston, MN• Study to focus on two ten acre CEA leaf lettuce production facilities

in the Jamestown areaJamestown Regional Airport

• $85,000 Flex-PACE Interest Buy Down Loan, which facilitated Bank of North Dakota grant for $100,000

• Construction of new passenger terminal and renovation of existing terminal for administrative use

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North Dakota Trade Offi ce• $25,000 Grant• See pages 12-13 for detailed report

Super 8 Motel• $85,000 Flex-PACE Interest Buy Down Loan, which facilitated Bank of North Dakota grant for $100,000• Construction of 20 additional hotel rooms

South Central Dakota Regional Dues • $32,200 Grant• Funds for annual dues, helps support employee within Small Business Development Centers• See pages 10-11 for detailed report

Custom Contracting Solutions• $54,000 Flex-PACE Interest Buy Down Loan, which facilitated Bank of North Dakota grant for $100,000• For relocation and expansion of facility into Stutsman County

Spiritwood Energy Park Association• Authorized the formation of Spiritwood Energy Park Association, LLC (SEPA)• Contribution of 100 acres of land worth $400,000 that JSDC owns• $3,750,000 of project investment capital to SEPA

Projects Denied• Green Vision Group for Matching Funds for Agriculture Products Utilization Commission grant• Stutsman County Housing Authority for Housing Study

TrainNDThe “Workforce Training Initiative” was established by the state legislature in 1999 to ensure the vitality of ND

businesses. Businesses needed access to training programs that could equip them to go to the next level and attain optimal performance from employees. This training program needed to span every industry and be able to facilitate any type of training for any type of skills.

• 709 Businesses served• 2,245 Participants• 111,686 Training hours• 99% Overall satisfaction of participants• 100% Overall satisfaction of businesses

College.Community.ConnectionThe College.Community.Connections committee was initiated

by JSDC board members as an effort to work with Jamestown College to develop programs that would bring the college and the community closer with the goal of fi nding ways to keep more graduates in Jamestown, thereby adding to our work force. • Representatives from JSDC, Jamestown College, the Chamber of Commerce,

and the MainStreet Downtown Association.

Community Block Party• 80 Vendors• 4,000 attendees (college students and community members)

Retail Discount Program• 40 plus businesses• Various discounts determined by business to offer college students

JSDC PARTNERS

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“By virtue of working very, very hard and saving very, very hard and living a prudent, conservative, Norwegian, German

lifestyle, you’ve managed to get through all of the pitfalls that the rest of us grasshoppers fell into.”

Ben Stein – Actor, Author, Economist, and Lawyer

South Central Dakota Regional CouncilThe South Central Dakota Regional Council (SCDRC) provides numerous services to encourage economic and

community development in the nine-county region of south central North Dakota including the counties of Stutsman, Barnes, Dickey, Foster, Griggs, LaMoure, Logan, McIntosh and Wells.

The Regional Council provides planning services, technical assistance, information coordination, gap fi nancing, and program administration. It helps local government, businesses and individuals access federal, state and other funding sources to grow the region.

SCDRC activities in the 2011 include: SCDRC assisted in gap fi nancing of three loans in the region, one loan assisting the Buffalo City Grill in Jamestown, one loan assisting a retail business in the change of owners and one loan assisting in the addition of a motel to a community.

Community Development Loan Fund Projects:• SCDRC scored and ranked and received funding from the governor for four

Community Development Block Grant Public Facility Projects.

Presented about program opportunities at ND League of Cities meetings in Jamestown and Valley City.

SCDRC served as the fi scal agent for fi ve N.D. Department of Commerce Agricultural Products Utilization Commission, APUC, grants, including new grants in Stutsman County: JSDC Greenhouse and in LaMoure: Northern Plains Sustainable Agriculture Society.

SCDRC obtained additional funding from the ND Small Business Development Center to hire a manufacturing consultant to provide technical assistance in the region. The consultant made 121 visits, including 19 in Stutsman County. SCDRC wrote and obtained a USDA Rural Development Rural Opportunity Business Opportunity Grant to allow the Regional Council to provide continued manufacturing consultation services for the next two years.

Federal Emergency Management Agency Projects:• Provided assistance to one jurisdiction with a FEMA grant application for the acquisition of fl ood-impacted properties.• Continued to provide assistance to two jurisdictions by administering grants that were awarded for acquisition of fl ood-impacted

properties.• Assisted seven jurisdictions in writing FEMA grants to obtain generators to provide emergency power backup, lake outlets to drain areas fl ooding roads, farmland and homes, and storm sewer projects.

Other:• Wrote an Economic Development Administration to assist the JSDC with a community assessment.• Participated in JSDC meetings and its committee meetings, including Greenhouse Committee meetings• Provided technical assistance to nonprofi ts in Stutsman County to write Bremer Foundation grant proposals.• Hosted three meetings for economic developers and tourism developers from a 10-county region.• Member of North Dakota Rural Development Council, representing south central North Dakota and regional councils in the state.• Member of Jamestown-Area Chamber of Commerce Regional Affairs Committee• Member of Jamestown College Community Alliance for Management Consulting• Member of Economic Development Association of North Dakota (EDND)• Member of N. D. Regional Council Association

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Small Business Development CenterSouth Central Dakota Regional Council also hosts the Small Business Development Center-Jamestown Center

(SBDC) that serves the nine counties of the region, including Stutsman County. The SBDC is located in the Regional Council offi ces that are co-located with JSDC at 120 2nd St. SE, Jamestown.

The SBDC helps individuals start, manage and grow their businesses. Business consultants at the Jamestown offi ce provide confi dential consultant services at no charge to business owners who want to expand and grow their businesses and to entrepreneurs who want to start or purchase a business. SBDC services include construction and revision of business plans, fi nancial projections and budgeting, evaluation and research for the purchase or sale of a business, and loan packaging and identifi cation of loan options to fund a venture.

The SBDC – Jamestown Center is funded through contributions from counties and cities including JSDC, in the nine-county region, North Dakota Department of Commerce and a cooperative agreement with the U.S. Small Business Administration.

In 2011 SBDC – Jamestown Center• Served 138 clients, 72 were in Stutsman County• Provided 1,010 hours of counseling• Assisted in 15 business starts• Assisted in the creation/retention of 33 jobs• Assisted in business starts and expansion that injected $4.5 million dollars into businesses in our region

SCORECounseling and real-world advice by professionals are now available for people in the area thinking about starting

or expanding a business or simply stumped on what the next step in their business should be.

The program is called Service Corps of Retired Executives or SCORE. The idea behind it is to encourage entrepreneurship in the area with guidance and support by experts.

The SCORE offi ce is co-located with JSDC at 120 2nd St. SE, Jamestown.

Chamber of CommerceThe Jamestown Area Chamber of Commerce is a voluntary

organization of business and professional people dedicated to promoting the civic and economic vitality of Jamestown.

It embodies the vast expertise of many businesses and professionals in its membership; it has the knowledge and resources to identify issues of importance to the business community and the combined means to devise and implement strategies to address them. The Chamber accomplishes collectively what no one business or professional can do alone.

The Chamber of Commerce offi ce is co-located with JSDC at 120 2nd St. SE, Jamestown.

• 370 members• Chamber Committees: Agriculture & Energy , Ambassadors , City

Beautifi cation, Local/Regional Issues, Strive for 5 and Young Professionals of Jamestown

• Chamber Events: Ag Week Luncheon, Annual Banquet, Farmers’ Appreciation Banquet, Home & Garden Show, Leadership Jamestown, Legislative Public Forums, Business Training Series and White Cloud Parade

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North Dakota Trade Offi ceThe North Dakota Trade Offi ce (NDTO) actively works to promote North Dakota companies and increase exports in key markets throughout the world. As part of this initiative, NDTO has worked with a variety of companies in the areas of Jamestown and Stutsman County to facilitate economic growth, both for individual organizations and the region as a whole. The following is a summary of the NDTO’s contribution to the State of North Dakota, Stutsman County and the City of Jamestown from July 1, 2011 to date.

Trade Missions:• Big Iron International Visitors Program (Reverse Mission)

- 120 attendees from 12 countries

• Indonesia and Vietnam Trade Mission- Approximately 13 North Dakota delegates

Business Trips/Events:• Coordinated meetings for Kazakhstan Ambassador with Brandt Holdings,

RDO, and Titan• Fact-fi nding mission to Ghana to uncover business opportunities for ND• Coordinated meetings for Brazilian Consulate Generals Offi ce with Ulteig, WCCO

Belting, Heartland Flax• Lotte Group (Korean) North Dakota Tour• Midwest Specialty Grains Conference & Trade Show – Seattle• Spoke with Cochran Group from Macedonia• Big Iron

- Romania Deputy Ag Minister- Romanian ExIm Bank Offi cials- Romanian Bank Offi cials

• Attended FAGRO in Ghana, Africa and visited with Ghanaian companies and government• Roundtable regarding FTA with Congressman Berg• Meetings with KazAgro in Kazakhstan to discuss agricultural opportunities• Kazakhstan Investment Forum – New York City

- Dean Gorder participation with Lt. Gov. Drew Wrigley to discuss trade and fi nance• AgroEurasia Fair 2011 – Istanbul, Turkey

- Met with ag, defense and utilities companies

Educational Programs:• Summer 2011: ExporTech - Fargo• Fall 2011: Export Management Course – UND

Trade Talks/Webinars:• Export Compliance and Regulations – Fargo

- 20 attendees• Export Compliance and Regulations – Dickinson

- 39 attendees• Best Practices for Export Management – Fargo

- 18 attendees• CE Mark – Fargo

- 1 attendee• Safeguarding Your Company – Fargo

- 30 attendees• Safeguarding Your Company – Grand Forks

- 12 attendees• Business Opportunities in China – Fargo

- 33 attendees• Business Opportunities in China – Jamestown

- 7 attendees• Business Opportunities in China – Bismarck

- 10 attendees

13

• Marine Insurance Webinar – Online- 23 attendees

• IC-DISC Webinar – Online- 4 attendees

• State of the Global Economy Trade Talk – Fargo- 38 attendees

• R&D Tax Credit Webinar – Online- 10 attendees

Since July 1, 2011, NDTO has signed AgriDry, LLC of Jamestown as an NDTO Export Member. Additionally, NDTO has begun working with Chameleon Grow Systems in Jamestown to help grow their international business.

NDTO’s China offi ce has been actively working with Cherrington Enterprises to help fi nd the company a Chinese distributor. NDTO hosted Cherrington in China during December 2011.

2011 Export StatsExport statistics for 2011 were released in March 2012. Below is a recap of exports in North Dakota over 2011.North Dakota export volume through Dec. 2011 totaled $3,379,084,702, a 33.22 percent increase over 2010, based on U.S. Department of Commerce statistics. This is the sixth largest increase in the U.S.

Ag Machinery: • 25% increase over 2010• 2011: $792,335,044• 2010: $634,773,648• 2009: $830,347,303

Top Exports:• oil (200% increase over 2010)• front end shovel loaders (24.82% increase)• tractors (14.88% increase)• meslin, nondurham wheat (19.54% increase)• Chemical products (363% increase)• Seeders and planters (34.5% increase)• Mechanical shovels (64% increase)• Canola (-64.5%)• DDG’s (40.45% increase)• Vegetable oil (90% increase)

Top Markets:• Canada (38.76% increase)• Mexico (7.3% increase)• Belgium (64.64% increase)• Australia (22.34% increase)• Germany (80.91% increase)• Brazil (30.80% increase)• Russia (292.65% increase)• Nigeria (123.26 % increase)• India (24.3% increase)• UK (34 % increase)

Exports Support Jobs for North Dakota’s Workers Export-supported jobs linked to manufacturing account for an estimated 3 percent of North Dakota’s total private-sector employment. Over one-seventh (14.5 percent) of all manufacturing workers in North Dakota depend on exports for their jobs (2009 data latest available). Exports Sustain Hundreds of North Dakota Businesses In 2009, 876 companies exported from North Dakota. Of those, 751 (86 percent) were small and medium-sized enterprises with fewer than 500 employees. Small and medium-sized fi rms generated over two-fi fths (41 percent) of North Dakota’s total exports of merchandise in 2009, up from 32% in 2008.Source ITA and US Bureau of Census

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Buffalo City Tourism FoundationBuffalo City Tourism Foundation’s mission is to coordinate, promote and support tourism development and growth

in Jamestown and Stutsman County. Available funds are devoted to grants and national, state, regional and local advertising.

2011 Master Tourist CountsTotal brochures distributed

• 88,045Information Packets Sent

• 12,561Bus Tours

• Buses: 63• Visitors: 2,210

Visitor Totals• Ft. Seward Visitor: 12,419• Frontier Village/World’s Largest Buffalo: 129,183• Visitor Center Guests: 2,340• National Buffalo Museum: 25,214• Stutsman County Museum: 1,825

Hotel & Restaurant Tax Revenues• $291,860

TOTAL ECONOMIC IMPACT: $10,961,100

The Buffalo City Tourism Foundation board provides grants to qualifi ed applicants for the upkeep, advertising, and administration of tourism attractions and events in Stutsman County.

2011 Tourism Grants• $2,500…....Archery Targets/Park & Rec• $3,000…….Off-Road Festival at Pipestem• $9,700…….Summer Staffi ng at Ft. Seward• $11,700…..Frontier Village Horse Care• $32,447…..Frontier Village Summer Staffi ng• $6,675…….Frontier Village Amphitheater Entertainment• $1,500…….Jamestown Hockey PeeWee State A Tourney• $6,000…….Summer Staffi ng at Stutsman Museum• $6,500…….Drag Races• $11,700…..Summer Staffi ng at National Buffalo Museum• $4,000…….White Cloud Festival/Tatanka• $9,000…….Fourth of July Fireworks• $9,000…….Art Center Culture Festivals• $1,371…….Babe Ruth State Tourney• $7,500…….Reconstruction of Flag Pole at Ft. Seward• $1,800…….Buffalo City Karting Association• $4,777…….Frontier Village Pioneer Days Festival• $1,500…….Kite Festival• $1,500…….James River Rodeo Association• $3,374…….James River Rodeo for Water Line to Arena• $1,200…….Medina Fall Festival• $400……….Air Classic Race• $3,490….…Drag Racing Purchase of Timing System• $3,000…….Rural Fire Department Ice Fishing Derby

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Bioenergy Crop Study at NDSU Central GasslandsIn 2005 the JSDC provided funding of $10,000 of a $384,353 project in partnership with a variety of ND entities in

an effort to fi nd an answer to the following concerns:

1. The extremely high cost of energy has cause renewable fuels to become a major topic of conversation and an increasing number of alternatives to those are being looked at.

2. One of the newer members to that topic is biomass, its development, use and potential.

The ND Natural Resources Trust joined with the NDSU Extension Service Research Experiment Stations, USDA-ARS Northern Great Plains Research Laboratory in Mandan, ND and the ND Department of Commerce on a dedicated ten year bioenergy crop study to determine the appropriate grass species, harvest methods, and practices to maintain productive perennial biomass stands. The economics for production of a bioenergy crop are being evaluated, as well as the impact on soil organic matter an carbon storage.

When this project is completed, information will be available for producers and small towns in ND on what biomass production in six different locations in North Dakota will be and which grasses will produce the most biomass in their area. Information will also be attained on how to maintain these perennial grasses and whether biomass crops are competitive with other crops in the area. Also gathered will be data on the amount of carbon sequestered and stored by these perennial biomass crops, information that can be used to determine carbon payments to producers in the future.

Using biomass as feedstock in bioenergy production has the potential to replace fossil fuels as well as corn grain that may be better used as human and livestock feed. The northern Great Plains provides a vast number of acres for perennial biomass production, particularly in highly erodible and non-productive areas, which would have a low impact on food production. To achieve the most success in biomass conversion, feedstocks most suited to the region in terms of biomass quantity and quality need to be identifi ed. In 2006 the Central Grasslands REC took the lead on a research trial to evaluate perennial forages for biofuel production. The objectives of this research are to:

1. Determine the biomass yield and select chemical composition of perennial herbaceous crops.

2. Compare annual and biennial harvest of biomass yield and maintenance of the stands.

3. Evaluate carbon sequestration and storage of the various perennial crops.

Yields for some plots at Streeter were down partially due to standing water in one corner of the plot area. Also at Streeter the pure warm season plots were sprayed with glyphosate during the 3rd week of May. This application gave good control of the cool season grasses including smooth brome and quackgrass. This chemical application improved the yield of Sunburst switchgrass and its mixtures but the yield of Trailblazer was down from 2010.

Switchgrass plot following the 2011 harvest at Central Grasslands Research Extension Center, Streeter, ND. Photography by Rick Bohn

Yields in Tons/acre on the dryland plots at CGREC

Alkar Tall Wheatgrass 2.73 2.38CRP Mix (Intermediate & Tall Wheatgrass) 2.82 2.80CRP Mix (Wheatgrasses +alfalfa+Swt.clover) 2.24 2.57Haymaker Intermediate Wheatgrass 2.84 2.64 Magnar Basin + Mustang Alti wildrye 1.88 2.24Sunburst Switchgrass 2.33 4.34Sunburst Switchgrass + Mustang Alti wildrye 2.37 3.39Sunburst Switchgrass + Sunnyview Big Bluestem 2.09 2.83Sunburst Switchgrass + Tall Wheatgrass 2.99 2.62Trailblazer Switchgrass 1.72 2.33

5 Year Average YieldSpecies 07-11 2011

S i h l f ll i h 2011 h

- 8 - 16

Manufacturer’s Roundtable In order to provide pertinent industry news as well as incentive programs, the JSDC has begun a Manufacturing

e-newsletter in place of the Manufacturer’s Roundtable. The group mission still remains the same, however, it is more convenient for our members who are not always able to attend meetings, but still want to learn about new information.

Group Mission• Provide a forum for sharing best practices.• Provide a means for sharing up-to-date industry news and incentive programs available for manufactures.

ROUNDTABLES

Training Skills Committee/Medical Leader’s Roundtable The Medical Leader’s Roundtable was founded by JSDC as part of the JSDC Strategic Plan. Through the

distribution of a Workforce Needs Survey, the Training Skills Committee realized that there was a huge need in the area for Certifi ed Nurses Assistants. They were able to bring together medical leaders from around the community to form a round table group. After the success of the CNA classes the committee used the same model and formed a Welding Training Class.

Basic Skills Training for Certifi ed Nursing Assistant (CNA)• 8 Classes have been completed• 98% pass rate for participants• Program has become self-suffi cient

Certifi ed Medication Assistant (CMA) Training Class• One class of 15-20 students• Local foundations have donated funds for supplies and scholarships

Welding Training Class• Four classes of 40 students• 100% pass rate for participants• Local foundations have donated funds for supplies and scholarships

Community Works - Dream FundThe DREAM Fund provides a secondary mortgage to cover the difference between a home’s value and the

construction cost. The DREAM Fund will never charge more than the bank charges on its fi rst mortgage.

JSDC project was originally approved by the City/County in 2003 for $55,419 paid over a three year period, however the fund continues to grow and help families.

Loans made are used for down payments, closing costs, rehabilitation, and both fi rst and second mortgage assistance.

# of Households DREAM Leveraged or Businesses Fund DREAM II Other Financing from Total Assisted Financing Financing Financing Other Sources Financing

Single-Family 33 $1,351,622 $0 $0 $1,525,822 $2,877,444

STUTSMANCOUNTY

CWND Impact in North Dakota 1995 to present

BUSINESS RETENTION & EXPANSION

2010

Jamestown/Stutsman CountyThe Right Conditions for Growth.

ANNUAL REPORT

2

Overview One of the primary purposes of the Jamestown/Stutsman Development Corporation (JSDC) is to support Stutsman County primary sector employers. As part of our commitment to the county employers, our staff interviews primary sector and service sector employers in Stutsman County annually. JSDC places a special emphasis on its business retention and expansion efforts. Statistics show that approximately 80% of new business growth comes from those companies already in the in the local community. The North Dakota Department of Commerce defines a primary sector business as, “an individual, corporation, limited liability company, partnership, or association which through the employment of knowledge or labor adds value to a product, process, or service that results in the creation of new wealth. The term includes tourism but does not include production agriculture.” JSDC’s Business Retention & Expansion (BR&E) program accomplishes several purposes:

1. The program demonstrates the community’s interest in our existing primary sector businesses.

2. The program identifies business needs and concerns so the community can better address them.

3. The program helps determine the health of our industrial base and its individual companies.

4. The program tries to assess the opportunities and risks for keeping and growing these local businesses.

In 2005, JSDC entered into an agreement with The Dakota Manufacturing Extension Partnership and South Central Dakota Regional Council to utilize a software program called Synchronist Business System®. The software is used to evaluate, understand and report local business and workforce issues and opportunities. This diagnostic tool makes it possible for JSDC to utilize economic development resources for maximum impact. In 2010 JSDC staff contacted 63 companies and conducted site visits, surveys and interviews with 32% or 20 companies. Conclusions and graphs are based on information supplied through direct answers, analysis and comparisons made from extracted data, as well as background and historical information. Internal efforts are also made to ensure that JSDC staff follows up with the companies; looking to expand their operations here, or facing issues that may put their current operation at risk. According to a JSDC review of Job Service North Dakota’s 2010, Quarter 2 statistics for Stutsman County, the employment base of Stutsman County is comprised of 789 employers, providing more than 11,096 jobs. The following information has been gleaned from the data collected in 2010 through the Stutsman County employer surveys.

Industry Vitality Company Evolution This section provides an overview of the company’s achievements, product/service life cycle and their research and development efforts. Answers from this section help determine how well a company is poised to take advantage of market opportunities. Greatest Achievements Greatest achievements cited in the 2010 varied from very specific projects to simply remaining profitable.

• Business Growth or Sales Growth • Employment Growth • Awards/Recognition/Certificates

Research & Development Company-led research and development is an integral part of a vibrant community’s expansion.

• 75% of the respondents indicated that an emerging technology will substantially change their company’s primary product or how it is produced.

• 90% of responding companies have introduced a new product or service in the last five years.

• 75% anticipate doing so in the next two years. Product Life Cycle This indicates a potential growth opportunity for these employers.

• 68% of the companies responding noted their company’s primary product or service life cycle is either emerging or growing.

Over the next few years the following companies need to be watched as the potential for either changing products or closing operations is higher.

• 27% said the life cycle of their products/service was maturing. • 5% said the life cycle of their products/service was declining.

3

Declining5% Emerging

5%

Growing63%

Maturing27%

Where is your Primary Product in its Life Cycle

Market Conditions Status This section provides a snapshot of the company’s current market situation. It reviews the status of company sales and addresses export markets and foreign operations.

• 76% of the companies responding said that their company sales were increasing. • 24% of the companies responding said that their company sales were stable. • None of the companies responding said that their company sales were decreasing. • 56% of the companies indicated that the market share of their main

product/service was increasing. • 38% of the companies indicated that the market share of their main

product/service was stable • 6% of the companies indicated that the market share of their main product/service

was decreasing

76%

24%

0%

Increasing Stable Decreasing

Total Company Sales

Challenges This section explores changes in the companies’ industry sector, including competition, mergers & acquisitions, and production capacity. It also reflects on local, state or federal legislation that may influence their industry.

• 12% of those responding said that overseas production by US competitors is increasing

• 44% companies indicated that merger and acquisition activity is increasing, reflecting a continued national trend of consolidation in many industries

Growth Potential This section of the report is designed to provide insight into the potential for future growth of companies in Stutsman County. Questions in this part of the survey cover plans for expansion, capital investment and job growth, plus it allows us to further analyze the data by geography and business sector.

4

Expansion Plans Company expansion plans for the next three years are a positive sign for employment growth. Given the high productivity rate nationally and the level of productivity satisfaction by Stutsman County area employers, this could signal job growth as the national economy continues to rebound.

• 18% of companies indicated that current production was under capacity • 35% indicated their employment needs were increasing • 59% indicated their employment needs as stable.

Company plans within the next three years

• 45% of the companies responding indicated plans to expand in some form such as capital investments, jobs, and/or facilities

• 25% indicated that existing facilities were adequate for future operations • 30% declined to answer the question

Yes45%

No25%

Declined30%

Does the Company Plan to Expand in the Next 3 Years

Legislative Impacts The majority of companies in Stutsman County did feel that they would be significantly impacted by pending legislation. The number one concern for most employers was the new healthcare legislation, due to the fact that no one is sure of what it will entail or how much it will cost. However, some businesses commented that part of the banking reform law will be beneficial and help regulate lending.

5

Business Environment Management Perceptions The management section addresses company management changes and management’s opinion of the community as a place to do business. This includes community strengths, weaknesses, barriers to growth and the attitudes of executives at corporate headquarters toward the community. Over the last 18 months or over the next 18 months:

• 12% of companies indicated that had experienced or anticipated an ownership change.

• 12% experienced or will experience a change of senior management. • 67% of the companies said they perceived barriers to growth within the

community. Some of them noted barriers to growth include: o availability of labor o slow growth of community o funding concerns

Yes67%

No33%

Perceived Barriers to Growth Within the Community

• 30% of the executives at the corporate headquarters agree with local management

about the quality of the region’s business environment o None of the responding companies said that our community would not be

considered for future expansion even after citing various reasons of specified barriers to growth.

Strengths When asked to name Stutsman County’s strengths as a place to do business, respondents listed the following: geographic location, quality of people in labor pool and their overall work ethic. Weaknesses Conversely, when asked to name Stutsman County’s weaknesses as a place to do business, respondents indicated: available workforce with trained skills, limited population base, and community’s unwillingness to work together.

6

Workforce “Workforce” looks at the availability and quality of the labor pool in the region. Included in this summary is a graph that shows the average ranking for availability, quality, stability and productivity. On a scale of 1 to 7 with 7 being high, workforce productivity ranks the best with a score of 5.00. Stability follows with a result of 4.93, with workforce quality raked at a 4.2, and finally workforce availability scoring 3.6.

5

4.93

4.2

3.6

0 1 2 3 4 5 6

Productivity

Stability

Quality

Availability

Workforce Evaluation(Rank 1: Low ‐ 5: High)

• 79% of companies responding noted that the number of unfilled positions in their

firms is stable. Technology Technology is utilized in many aspect of business. All respondents stated that our community has a sound technology infrastructure that meets their technology needs and are satisfied with technology providers in the community.

5.62

5.27

5.07

4.43

5.12

0 1 2 3 4 5 6

Internal Office Operations

Operations/Production

Sales & Inventory Management

Marketing

Techology Investment

Technology Utilization(Rank 1:Low ‐ 7: High)

7

Utilities & Public Services Below is a graph to show the comparison of rankings for community services on a scale of 1 – 7 by company executives in Stutsman County.

8

5.44

5.15

5.87

5.67

5.75

5.73

5.94

4.6 4.8 5 5.2 5.4 5.6 5.8 6

Water

Sewage

Natural Gas

Electric

Telecom

Cellular

Internet

Public Utilities(Rank 1:Low ‐ 7: High)

6.256.21

6.1366

5.885.81

5.625.535.535.55.55.465.465.43

5.335.23

4.864.734.73

43.69

3.46

0 1 2 3 4 5 6 7

TruckingCollege

Ambulance/ParamedicChamber or Business Associaion

Fire ProtectionEconomic Development

Police ProtectionSchools (K‐2)

Community PlanningState Workforce Services

Health Care ServicesHighways

Airline Passenger ServiceRegulatory Enforcement

County ServicesChild Care

Zoning Changes & Building PermitsAir Cargo Service

Public TransportationTraffic Control

Property Tax AssesmentStreets/Roads (Local)Community Services

Public Services(Rank 1:Low ‐ 7: High)

9

Summary JSDC will continue to implement the Business Retention & Expansion (BR&E) program and work with the local business in an attempt to improve the business climate. The BR&E program allows staff to make and maintain contact with the region’s employers on a regular basis. As an organization, it is imperative to keep abreast of changes to the business climate to help identify trends and then keep the community leadership informed of those trends. This is an important action since many of the threats that our companies face are market based and tend to be beyond the control of the local economic development group. Industry Vitality The Stutsman County region, throughout its history, has witnessed periods of rapid economic and population expansions mixed with stable periods and ones of economic decline. It is important that we continue to address both the opportunities and the risks that we encounter as we move forward. Many opportunities continue to occur nationally, regionally, and locally. This community needs to be prepared to react to those opportunities. As a community we need to be prepared to assist the 35% of our employers who anticipate increasing the number of employees and 73% of employers who state primary recruitment problems is limited to community and lack of skilled labor. Business Environment As a community, the Stutsman County region is a desirable place to do business. JSDC’s survey results reveal this fact as 65% of companies indicate that the community will be considered for future expansion. We must be aware of those areas where the survey results indicate some deficiencies and room for improvement. As an organization, we will continue to work with our strategic partners to address issues raised during the 2010 survey. Follow Up JSDC’s BR&E program will continue in 2011. We thank all of the firms that took time out of their schedules last year to meet with us. The information that we obtain from this program is invaluable and we need and greatly appreciate their input. Please feel free to contact us with any suggestions to improve our 2011 program.

Jamestown/Stutsman County, North Dakota

PROFILEJUNE 2011

DemographicsPOPULATIONCity of Jamestown 15,427Stutsman County 21,100

STUTSMAN COUNTY ETHNICPOPULATION DISTRIBUTIONWhite 94.6Black or African American .8American Indian & Alaska Native 1.8Asia .6Hispanic 2.1

STUTSMAN COUNTY POPULATION BY AGE GROUP0 to 9 years 2,07710 to 19 years 2,88620 to 44 years 6,18445 to 64 years 5,79665+ years 3,607

Source: 2009 U.S. Census

Cost of Living

Jamestown United StatesOverall 83 100 Food 101 100 Utilities 78 100 Miscellaneous* 106 100

Our cost of living indices are based on a US average of 100. An amount below 100 means Jamestown, ND is cheaper than the US average. A cost of living index above 100 means Jamestown, ND is more expensive.

Location DataLAND AREAJamestown 12.45 sq. milesStutsman County 2,221.40 sq. miles

Elevation 1413 ft

DISTANCE TO LARGER CITIESBismarck 101 Los Angeles 1,709 Chicago 704 Minneapolis 340 Denver 860 New York 1,560 Fargo 93 Seattle 1,338 Kansas City 690 Winnipeg 270

Source: 2010 US Census Bureau

Downtown Jamestown, ND

* Th e cost index of those goods and services not included in other cost of living categories. Including clothing, restaurants, repairs, entertainment and other services.Source: Sperling’s Best Places

CLIMATEMonthly Average High Temperature Spring 40˚FSummer 75˚FFall 55˚FWinter 20˚F

Annual Average Precipitation 18.12 In.

Prevailing Winds Northwest

JAMESTOWN/STUTSMAN DEVELOPMENT CORPORATION www.growingjamestown.com

COMMUNITY

Jamestown/Stutsman County, North Dakota

PROFILECOMMUNITY

Education # Schools # Teacher Grades Number EnrolledPublic: Elementary 5 86 K-5 915 Middle School 1 60 6-8 508 High School 1 65 9-12 7157th Day Advents - 2 1-12 21St John’s Academy - 12 Pre-K-6 200 Buffalo Valley Special Ed. Unit - 10 K-12 -North Dakota State Hospital - 5 1-12 20James River Valley Career & Technology Center - 15 10-12 350Anne Carlsen Center For Children - 22 K-12 53

Post Secondary Education: Jamestown College - 77 - 1,010

GRADUATION RATE

Population 18 to 24 years ............................................ 2,351 Less than high school graduate ..................................8.7% High school graduate (includes equivalency) ...........28.5% Some college or associate’s degree .........................56.0% Bachelor’s degree or higher ........................................6.8%

Population 25 years and over ...................................13,951 Less than 9th grade .....................................................8.8% 9th to 12th grade, no diploma ....................................6.3% High school graduate (includes equivalency) .......... 33.5% Some college, no degree ...........................................20.6% Associate’s degree .......................................................8.0% Bachelor’s degree ..................................................... 18.0% Graduate or professional degree ................................4.8%

Graduation Rate 86%Graduates Attending Post-Secondary Education 60%

HousingMean prices in 2009 All housing units .....................................$104,468 Detached houses ...................................$113,175 Townhouses or other attached units ......$87,996 In 2-unit structures ...............................$208,357 In 3-to-4-unit structures ........................$109,662 In 5-or-more-unit structures .................$303,397 Mobile homes ..........................................$27,406

Median gross rent in 2009 ..............................$502Source: City-Data.com

Type of Government: Modern CouncilPolice Department: - 28 Offi cers, 4 CivilianFire Department: - 5 Full-Time; 33 Volunteers - Rescue Services & Rescue DriversZoning: - Municipality and 1 Mile Beyond Streets: - 80 miles (Paved 91%, Otherwise Improved 9%)

Government

2010 Taxable Value - Real Property (City)True & Full Value: $593,541,500Assessed Value: $296,770,750Taxable Value: $29,677,075City Sales Tax: $.02

2010 Tax Rate (Mills)City .............. 447.35 ...... School D istrict....161.46County .........104.51 ...... State ....................... 1.00Park ...............44.21 ...... TOTAL ..................763.53

Corporate Income Tax:Minimum rate .......... 2.1% ...... Maximum rate: ...5.15%Retails Sales: 5%Individual Income:Minimum rate ......... 1.51% ..... Maximum rate ....3.99%

TAX STRUCTURE

STATE TAXES

JAMESTOWN/STUTSMAN DEVELOPMENT CORPORATION www.growingjamestown.com

Jamestown/Stutsman County, North Dakota

PROFILECOMMUNITY

EmploymentCIVILIAN LABOR FORCELabor F orce ............ 11,300Employed ................10,817Unemployed ................. 513

Business

Industry Sector ......................................Employees

Health Care and Social Assistance ..............2,184 Retail Trade ................................................... 1,371 Manufacturing ...............................................1,192 Educational Services ....................................... 895 Accommodation and Food Services ............... 824 Construction ..................................................... 803 Public Administration ....................................... 669 Wholesale T rade ............................................... 487 Other Services (except Public Administration) ........ 427 Transportation and Warehousing .................... 382 0 500 1,000 1,500 2,000 2,500

Health Care and Social Assistance

Retail Trade

Manufacturing

Educational Services

Accommodation and Food Services

Construction

Public Administration

Wholesale Trade

Other Services (except Public Administration)

Transportation and Warehousing

Employee Numbers By Industry

AgriCover, In c. .........................................................................................................Agriculture/Automotive ManufacturingAlpha Opportunities .......................................................................... Residential Facilities for Developmentally DisabledAnne Carlsen Center for Children.............................................................................. Elementary and Secondary SchoolsCargill .......................................................................................................................................... Agriculture ManufacturingCavendish Farms ..............................................................................................Frozen Fruit and Vegetable ManufacturingCity of Jamestown ........................................................................................ Executive and Legislative Offi ces, CombinedDuraTech Industries International ............................................................................................ Agriculture ManufacturingFirst Community Credit Union ..............................................................................................................Financial InstitutionGoodrich C orporation ............................................................................................................ Aircraft Parts and EquipmentHi-Acres M anor ................................................................................................................................. Nursing Care FacilitiesJamestown College ......................................................................................................................Colleges and UniversitiesJamestown H ospital ...........................................................................................................Medical and Surgical HospitalsJamestown Public Schools ........................................................................................ Elementary and Secondary SchoolsNewman Signs........................................................................................................................................ Display AdvertisingNorth Dakota Dept. of Corrections ...............................................................................................Correctional InstitutionsNorth Dakota State Hospital .........................................................................Psychiatric and Substance Abuse HospitalsSisters of Mary of the Presentation ................................................................................................ Nursing Care FacilitiesStutsman County .......................................................................................... Executive and Legislative Offi ces, CombinedWedgCor ................................................................................................................................ Steel Building Manufacturing

MAJOR EMPLOYERS

Source: Labor Market Statistics, Quarterly Census of Employment & Wages Program

Estimated median household income in 2009 .......$43,995Estimated per capita income in 2009 ...................... $23,164Source: City-Data.com

JAMESTOWN/STUTSMAN DEVELOPMENT CORPORATION www.growingjamestown.com

Jamestown/Stutsman County, North Dakota

PROFILECOMMUNITY

Community FacilitiesHospital 1 Total Beds 56Nursing Homes 2 Total Beds 241State Hospital 1 Total Beds 256Clinics 3Human Services Center 1Assisted living/Basic Care for Facilities 4 130Residential Medical Care for Children with Special Needs 1 54Number of Medical Personnel (Public Health)M.D. 26 Psychiatrists 10 Psychologists 7 Optometrists 7Chiropractors 8 Dentists 8Podiatrists 1 Orthodontists 2Pharmacies 4 Dental Labs 1

Utilities & Services

Christian Denomination Churches 30Hotels 11 Total Rooms 536Bed & Breakfast 1

Cable Television: Cable Services, Inc. - Economy Reception (10 channels) - Classic Cable Services (70 channels)Digital Television: Dakota Central Telecommunications - (150 channels plus optional movie package)Internet: - Cable Services, Inc. - Dakota Central TelecommunicationsNewspapers: - Jamestown Sun: Daily – 6,800 - Prarie Post: Weekly – 18,000 - Sun Country: Weekly – 20,000Post Offi ce: 1st ClassRadio Stations: (Call Letters): KQDJ-AM; KYNJ-FM; KSJZ-FM; KSJB-AM; KXGT-FM; KPRJ-FM; KRVX-FMTelegraph Service: Western UnionTelephone Service: Quest; McLeodUSA Dakota Central Telecommunications

Natural Gas - Gas Supplier: Montana-Dakota Utilities Co.ElectricityPower Suppliers - Otter Tail Power Company (City) - Northern Plains Electricity Cooperative Inc. (Rural)Water - City of JamestownSource: WellsVolume available for industry expansion - Capacity of Plant: 12,000,000 gal. - Capacity of Wells: 4,608,000 - Average Daily Consumption: 4.0 million gal./day - Peak Consumption: 4.6 million gal.Sanitation - Method of Garbage Disposal: Sanitary Landfi ll - Sewer Use Charge: Bases on water useLift Station and Wastewater Systems - Type: Mechanical & Lagoon - Capacity: 4.5 million gal./day - Present Load: 3.5 million gal./day – average - 20 Lift Stations

Financial InstitutionsBanks 5 Credit Union 1Total Assets: $1,356,321.3 MillionTotal Deposits: $1,007,440.4 Million Transportation

Highways Serving Area - Federal: I-94, 281, 52, 10 - State: 20Railroads - Burlington Northern Railroad/Red River Valley - Western RailroadAir - Jamestown Regional Airport (2 miles NE out of city)Commercial Services - Passenger: Delta Air Lines/Mesaba AviationCargo - UPS/Bemidji Aviation

For more information contact:Jamestown/Stutsman Development Corporation

120 2nd St. SEJamestown, ND 58401Local: 701.252.6861

Toll Free: 866.258.6861info@growingjamestown.com

JAMESTOWN/STUTSMAN DEVELOPMENT CORPORATION www.growingjamestown.com

Jamestown, North Dakota

CALL TODAY 1.866.258.6861

Land/Business Lots Available For Development

• I-94 Business Park • Food Processing Industrial Park• Jamestown Airport Business Park

- Great high-traffi c locations - Abundant water & affordable utilities - Near interstate/highway, rail & airport - Great local & state incentives - Low overall cost of doing business

Stop by and ask how the

Jamestown/Stutsman Development Corporation

can help grow your business and receive a

FREE Magic 8-Ball - Monday May 23rd ONLY!

North Dakota is ranked #1 for wind energy potential by the American Wind Energy Association and is set in the heart

of tremendous wind opportunities.

North Dakota is drawing the world’s most successful wind industry component manufacturers by offering attractive business incentives

directed at production and marketing of renewable fuels.

FIND OUT MORE- Stop by Booth # 2683

STRATEGIC INCENTIVE ADVANTAGESFinancial Incentives

• North Dakota Development Fund - gap financing loan and equity program

• PACE Program - interest buy down program at Bank of North Dakota

• Match Program - some of the lowest interest rates in the nation for “A” rated companies

• Job Training Programs• One-stop job training assistance - both state and federal

programs available for business• Workforce 2020 - state-funded program for training new

technologies and processes• New Jobs Training Program - “no-cost” program utilizing

employee withholding tax

Property Tax Exemptions1 to 5-year property tax exemption

• In lieu of a property tax exemption, in full or part, a company may negotiate a fixed or graduated rate for a period not to exceed 20 years

• No personal property taxes, including equipment, materials in process, and accounts receivable

Corporate Tax Exemptions• Five-year corporate income tax exemption for new or

expanding technology based business• Wage, salary and research credits available

Sales Tax Exemptions• Sales and use tax exemptions on manufacturing/computer/

telecommunication equipment, water, electricity, and interstate communications for technology-based business

COMPETITIVE BUSINESS COST ADVANTAGESWorkers Compensation

• Lowest workers compensation premium rates in the nation

Power• Power offered at industrial rates below national average -

avg. 5.91 cents/kh - YTP September 2010

Real Estate/FacilitiesEffective averages for North Dakota, according to NAI Global

• $12.00-15.00/sf to rent quality office space• $5.50-$6.50/sf to rent industrial space

Development land construction costs• $9.00-$15.00/acre to build in commercial building district

Public Policy• Constitutionally balanced budget• Person-to-person access to public officials• Only state-owned bank in the nation that offers business

expansion funds

Taxes• State Legislature lowered top corporate income tax rate from

10.5% to 6.4%

North Dakota leads the nation in the production

of 14 commodities, providing a myriad

of opportunities for

food processingmanufacturing.

MANUFACTURING INCENTIVES:Sales tax exemptions on construction materials.• Property tax exemption of up to 5 years for new or • expanding businesses- up to 10 years for Ag processors. In lieu of property tax exemption, in full or part, a • company may negotiate a fi xed or graduated property tax rate for up to 20 years. Corporate income tax exemption of up to 5 years for • new or expanding manufacturers. Wage and salary corporate income tax credit for new • businesses. Income tax credit for research expenditures.• Sales and use tax exemption for manufacturing • equipment. No personal property tax – including equipment, • inventory, materials in process and accounts receivable. Numerous agricultural processing development and • production incentives. Wide range of fi nancial, business-based incentives and • ease of access to local fi nancing institutions – including the only state owned bank in the nation. Numerous grants and low-interest loans. • Assistance for job training and workforce development. • Lowest workers compensation premium rates in the • United States.

Contact us today for more information.1.866.784.8730

Stop by Booth # 975 to learn about the great incentives

North Dakota has to off er your business.

Follow the Incentives.Booth #975

While other states are decreasing spending and elminating incentive programs, North Dakota fi nances, which include a projected $1 billion budget surplus in June, allow ample room for tax reductions.

North Dakota lawmakers are considering a raft of measures to cut taxes, including proposals:

• Lower individual and corporate income tax rates• Retail business tax credits• Automating & lean manufacturing tax credits

For more information visit www.business.nd.gov

120 2nd Street SoutheastP.O. Box 293

Jamestown, North DakotaPhone: 701.252.6861

Toll Free: 866.258.6861Fax: 701.252.5907

Centrally located in the heart of North Dakota, Jamestown has a rich history of innovation and growth. As a dynamic center of manufacturing, commerce & education, this area fosters new businesses. A stable, diverse economy and well-trained workforce await your business in Jamestown and Stutsman County.

Make a home for your business.

WORKFORCEJamestown workers are among the most

productive and dependable in the

nation.

EDUCATIONJamestown’s

educational standards rank consistently higher

than the national average in all levels.

MEDICALA new $40 million state

of the art hospital is schedule to open 2011,

creating many new jobs.

TOURISMJamestown is home

to the World’s Largest Buffalo and hometown

of popular western writer Louis L’Amour.

Jamestown, North Dakota

CALL TODAY 1.866.258.6861

Ideal Industrial Site Available

- 500 plus acres of prime

development land

- Abundant water & affordable utilities

- Convenient access to Rail, Interstate

Highway, Water, Wastewater,

Heavy Power & Steam

- Great local & state incentives

- Low overall cost of doing business

www.growingjamestown.comVISIT TODAY

Hassle free access to low cost and reliable steam supplyGreat River Energy is seeking a long-term partner to purchase steam energy from the Spiritwood Station power plant, located near Jamestown, N.D. Steam is available at prices below market rates and reliable enough to replace your own packaged boilers to power your operations.

Spiritwood Station is a combined heat and power plant located 80 miles west of Fargo, N.D. The plant produces approximately 555,000 pounds of steam per hour that is available for purchase by an interested agricultural or industrial enterprise.

Scheduled to come online in 2010, nominally 355,000 PPH of 150 PSIG saturated steam will be available 24 hours a day, seven days a week. Spiritwood Station also provides 100 percent backup on steam supply using alternate fuel and equipment.

Call today for great opportunities in

Jamestown/Stutsman County.

1.888.882.7182or visit our web site for

more information on our incentives and view our

land/business parks.

Jamestown/Stutsman County is centrally located within the state of North Dakota, making it the ideal central hub for wind power manufacturing.

Jamestown/Stutsman Development Corporation offers generous financial and workforce incentives and has abundant land for development.

WHERE THE WIND BLOWS...North Dakota ranks #1 in US for potential wind energy