Posts by: Economic Development HQ.com

Arkansas Economic Development Commission’s Energy Office to Provide Home MPG Ratings

The Arkansas Economic Development Commission’s Energy Office and the Energy Division of the Alabama Department of Economic and Community Affairs are collaborating on a federally funded project to develop a home energy score label.

Home energy score

DOE Home energy score tool (photo – energy.gov)

The project will enable people in both states to figure out a home’s projected energy cost and performance information in a uniform manner, similar to a miles-per-gallon (MPG) rating for automobiles.

Both states will develop their home energy scoring labels using already developed and accepted national standards and systems, such as the U.S. Department of Energy’s Home Energy Score tool.

The ‘Home Performance Recognition’ program is funded to the tune of $225,000 each for Arkansas and Alabama. This funding is part of the $5 million in federal funds that was awarded last year to 13 states under the U.S. DOE Competitive State Energy Program (SEP) Special Projects.

The goal of the program is to support the advancement of energy efficiency and renewable energy practices in the residential sector by helping consumers, the construction industry and real estate professionals better understand and value the merits of energy efficiency investments.

Apart from the AEDC Energy Office and the ADECA Energy Division, other partners involved in this project include Nexus Energy, Earth Advantage, the University of Arkansas Applied Sustainability Center, North Little Rock Electric, City of Fayetteville, and Energy Efficiency Arkansas.

Arkansas Energy Office Interim Director Mitchell Simpson said in a release that through this DOE funding award, the Arkansas Energy Office and the Alabama Energy Division, along with their respective project partners, will work collaboratively to help households, contractors, real estate professionals and other energy industry stakeholders understand the important economic impacts of energy efficiency in their everyday lives.

Elizabeth Grimes, a program manager with the Alabama Department of Economic and Community Affairs, likewise said that they see a real benefit to this kind of information being made available on a voluntary basis to consumers, builders and real estate professionals.

Southeast Energy Efficiency Alliance (SEEA) President Mandy Mahoney said in the release that they are very pleased to see a project of this importance proceeding in Arkansas and Alabama. Mahoney added that empowering consumers with the knowledge to make smart choices in how they spend their money makes good business sense.

A report previously published by the American Council for an Energy-Efficient Economy (ACEEE) has forecasted that energy efficiency investments in Arkansas could create more than 11,000 jobs and generate $238 million in revenue for the state by 2025.

JobsOhio Annual Report and Ohio Economic Development Strategic Plan

Lead Ohio economic development non-profit corporation JobsOhio has published its annual report and strategic plan for executing its mission.

JobsOhio report

JobsOhio report (photo – jobs-ohio.com)

JobsOhio was established as a private, non-profit corporation created to drive job creation, capital investment and economic growth in Ohio.

The headline news in the report is that both Ohio and JobsOhio did very well in 2014. The state’s unemployment rate at the end of the year stood at 4.8 percent, the lowest since 2001 and far below the national unemployment rate at the end of the year.

JobsOhio, for its part, assisted 276 companies with projects that are generating $6.1 billion of new capital investment for the state, along with creation of 21,377 new jobs and retention of 52,140 jobs. These metrics represent a 20 percent growth in job creation and more than 70 percent growth in new capital investment as compared to JobsOhio’s 2013 scorecard.

The report highlights companies like high-tech automotive supplier ThyssenKrupp and online retailer zulily who have worked with JobsOhio on multiple projects. These multiple expansions in Ohio by the same companies are touted as proof that the state’s business model is working.

But the star of the report is JobsOhio’s collaboration with Fuyao. The China-based glass manufacturing company picked a former General Motors plant in Moraine, OH for its first North American automotive glass operation. This project came with 800 new jobs and $230 million of new capital investment.

In early 2015, Fuyao announced an expansion of the new facility to include after-market glass production, adding another 750 jobs and $130 million capital investment. All told, Fuyao is investing $360 million and creating 1,550 new jobs, making it the fifth largest project in the U.S. by a China-based company.

The results the organization is generating have begun translating not just into jobs and investment, but also recognition of their efforts. The American Economic Development Institute (AEDI) ranked JobsOhio among the top 10 economic development institutions in the U.S. for 2014.

Site Selection magazine ranked Ohio in the top five of its 2014 Top State Business Climate Rankings, and placed Ohio second in its Governor’s Cup rankings for attracting new facility and expansion projects.

JobsOhio also launched a revitalization program last year, and already has 31 revitalization projects underway with more than $31 million of funding committed to these projects.

They also overhauled the JobsOhio real estate site database and selection tool to provide enhanced regional access and more comprehensive information.

The strategic plan section of the report includes information about initiatives such as the plan to provide customized workforce training. To this end, JobsOhio is creating a workforce development team which will collaborate with the Governor’s Office of Workforce Transformation as well as with community colleges, technical schools and other institutions.

Another major part of the strategic plan is a focus on targeted industries such as shale energy and information technology that were identified and listed in last year’s annual report. JobsOhio managing directors have completed strategic plans for each of these target industries and are beginning to execute these strategies this year.

In the report foreword, Governor John R. Kasich says that “In less than four years, JobsOhio has distinguished itself as an economic development organization that is not duplicated anywhere in the U.S. Its commitment to fostering a jobs-friendly climate has been critical to helping Ohioans make their state the place where new businesses look first and existing businesses grow.”

Read the full JobsOhio annual report and strategic plan – Download (pdf)

Texas, Kentucky Win Site Selection Governor’s Cup

Texas added one more Site Selection Governor’s Cup to its tally as the state with the most number of qualifying economic development projects last year. Kentucky sprinted to the top with its own Governor’s Cup for most number of projects per capita.

Texas

Texas (photo – frankieleon/flickr)

The rankings make use of Conway Data Inc.’s New Plant Database, and take into consideration new facilities and expansion projects that meet at least one of the following three criteria – capital investment of at least $1 million, create at least 20 new jobs, or add at least 20,000 square feet of new floor area.

Texas set a scorching pace with 689 qualifying projects. This is the Lone Star State’s third consecutive Governor’s Cup and sixth overall in the last 11 years.

Texas Governor Greg Abbott issued a statement in which he says that “I’m honored to accept Site Selection Governor’s Cup on behalf of the people of Texas.”

Gov. Abbot added that unleashing the power of entrepreneurs and innovators and securing Texans’ freedom to aspire is the model of success for Texas, and he’s confident Texas will continue to lead the nation.

Kentucky leaped ahead three spots from last year’s ranking to claim the per capita Governor’s Cup.

Site Selection credits three factors for Kentucky’s fast sprint to the top. One is Governor Steve Beshear, and the second one is strong business expansion performance in the state’s five top export sectors. The third reason cited is the lean and effective Kentucky economic development infrastructure.

Ohio maintained its solid second place standing in both Governor’s Cup races with 582 projects. Ohio economic development non-profit JobsOhio President and Chief Investment Officer John Minor said in a release that with assistance from their Regional Network partners, Ohio has sustained a level of confidence and growth that is essential to attracting jobs and investment.

There was plenty of good news for Ohio in Site Selection’s annual ranking of top metros for new and expanded corporate facilities as well. Cincinnati and Columbus were both in the top 10 metros with a population of over one million.

Dayton, Akron and Toledo were likewise in the top 10 for metros with populations between 200,000 to one million. Four Ohio communities also placed in the top 10 micropolitan areas listed by Site Selection.

Illinois had something to cheer about as well, having placed third in the Governor’s Cup for number of projects (394) and also retaining a slot in the top 10 states in the per capita Governor’s Cup. Not to mention the fact that the Chicago metropolitan area topped the list of metros for most number of projects (385).

North Carolina also improved its rankings, jumping ahead three spots to fourth place behind Texas, Ohio and Illinois as the states with the most number of projects. North Carolina’s Greensboro-High Point metro area ranked first among metros with populations between 200,000 and one million. The Durham-Chapel Hill metro areas was also in the top 10 metros on this list.

Read more about the Site Selection Governor’s Cup rankings here and the top metro area rankings here.

Butler Snow Launches New Economic development Firm VisionFirst Advisors

Butler Snow LLP, one of America’s top full-service law firms, has launched a new economic development firm called VisionFirst Advisors that will assist public and private entities with economic development challenges as well as opportunities.

Butler Snow launches economic development firm

Photo – visionfirstadvisors.com

Tallahassee, FL-based VisionFirst Advisors will be led by former Florida Secretary of Commerce Gray Swoope, who recently stepped down as CEO and president of the official Florida economic development organization Enterprise Florida Inc.

Swoope, who brings more than three decades of effectual outcomes leading economic development organizations at the state, regional and local levels, will serve as president and chief executive officer of VisionFirst.

The group has also tapped former Mississippi Governor Haley Barbour to serve as chairman of the VisionFirst Board of Directors. Gov. Barbour has more than two decades of expertise in leadership at the White House and at the federal and state levels.

Donald Clark, Jr., chairman of Butler Snow, said in a release announcing the launch of the new economic development firm that VisionFirst Advisors will be led by two of the most experienced and successful economic development strategists in the marketplace.

Clark added that this is an exciting opportunity for their firm and their clients with economic development needs both in the U.S. and abroad.

VisionFirst Advisors will operate as a wholly owned subsidiary of Butler Snow, LLP. This gives the economic development firm unmatched national and international reach and a chance to work with Butler Snow clients in all 50 states and more than 20 countries around the world.

The firm will provide strategic analysis to entities and will serve as frontline advocates, strategists, and negotiators for complex location and site selection decisions.

Swoope said in the release that he is thrilled that Butler Snow’s leadership has the vision to create a firm like VisionFirst Advisors, and added that he thinks this platform gives both Governor Barbour and him an opportunity to utilize their collective talents along with Butler Snow’s to create a unique economic development strategy firm.

Gov. Barbour likewise noted that he is very pleased to have the opportunity to partner with Gray Swoope again, and added that Swoope’s leadership in Mississippi was well recognized and his most recent accomplishments in Florida were equally impressive.

“Gray knows economic development and he understands business and this will pay big dividends for clients,” said Gov. Barbour.

Made in Rural America Economic Development Measures to Boost Rural Exports

The United States federal government has approved a new set of commitments under the Made in Rural America economic development initiative to help increase exports from rural areas and provide new markets for small businesses.

Made in Rural America

Made in Rural America (photo – business.usa.gov)

The “Made in Rural America” initiative, formally launched last year in February, brings together federal resources to help rural businesses and communities access additional domestic as well as global markets.

As part of this effort, the White House Rural Council has been holding a series of regional forums across the country to connect rural leaders and businesses with resources to expand exports and identify barriers that make exporting harder for rural businesses.

Based on feedback from these forums, the Council developed a number of recommendations that will further encourage increased exports and manufacturing in rural America.

These recommendations have now been made official through executive actions announced by President Obama.

Reverse Trade Missions – One of the pain points that exporters find hard to surmount is the ability to connect with foreign buyers and learn about international opportunities. The USDA and its partnership network of State and Regional Trade Groups (SRTGs) will sponsor reverse trade missions to bring foreign delegations directly to rural areas.

The U.S. Department of Commerce’s International Trade Administration (ITA) will additionally organize a series of events to enable companies in all regions to learn about market opportunities specific to their business and make contacts with trade counselors who can help them through the process of exporting.

Trade Shows and Missions – The number of rural businesses attending international trade shows and missions through regional economic development organizations like the Appalachian Regional Commission and the Delta Regional Authority will be doubled.

National Rural Export Innovation Team – This new dedicated team of rural export professionals established by the ITA will help more rural businesses access export-related assistance, information and events.

USPS Grow Your Business Day Workshops – The United States Postal Service will host “Grow Your Business Day” workshops at 75 USPS locations throughout rural America. These workshops will teach rural businesses about exporting and e-commerce, how to file customs forms online, and calculate and plan for export shipping costs.

i6 Rural Challenge – The U.S. Economic Development Administration will focus up to 25 percent of its i6 Challenge resources on providing funding to rural communities to build capacity for commercializing technology.

Entrepreneurial Ecosystem Mentorship Program – This mentor-protégé program for rural communities will be similar in concept to a sister-city program, but with a structured process and facilitated connectivity that helps communities learn how to leverage their own assets and foster a culture that drives innovation and entrepreneurial thinking.

As a central resource for this policy package of initiatives, a new web portal and trade assistance tool has been launched at business.usa.gov/rural-exporting.

Orlando Economic Development Excited About Silver Airways Joining Region’s Aviation Industry

Silver Airways, which is officially planning to open its new maintenance headquarters at Orlando International Airport this month, held a preview event to show off its new headquarters.

Silver Airways MRO facility in Orlando

Silver Airways MRO facility in Orlando (rendering – SIlver Airways)

The project was supported by the City of Orlando, the Orlando Economic Development Commission, Enterprise Florida, Greater Orlando Aviation Authority, the Florida Department of Transportation, CareerSource Central Florida, and the Orlando Utilities Commission.

The $4.5 million project will create 80 new jobs and consolidate the company’s operations into a 38,000-square-foot maintenance, repair and overhaul (MRO) facility at Orlando International Airport.

Apart from office space, the facility includes two large aircraft hangars, each capable of housing three to four aircraft. The Orlando City Commission and the Greater Orlando Aviation Authority approved a 30-year long-term lease at the airport for Silver Airways.

Including the new jobs being created and consolidation of operations, the facility will employ 200 people from the Orlando area. Orlando is one of Silver Airways’ largest hubs with more than 120 weekly flights. The company employs a total of nearly 700 people across Florida.

In addition to the company’s own investment into the project, the State of Florida is supporting it through a $3.5 million public transportation joint participation agreement from the Florida Department of Transportation to the Greater Orlando Aviation Authority.

Silver Airways CEO Sami Teittinen said in a release that they appreciate the support of the Florida Legislature and the Florida Department of Transportation for making this project possible.

Frank Kruppenbacher, chairman of the Aviation Authority Board, said in the release that they welcome the opening of a new maintenance base by Silver Airways at Orlando International Airport, which he said demonstrates a partnership and commitment to growth and future development.

Kruppenbacher added that the airport, as one of Central Florida’s key economic drivers, values its role in the creation of jobs and access to increased air service.

Orlando Mayor Buddy Dyer likewise said they are delighted that Silver Airways has selected the City of Orlando to house its maintenance facility, and added that their central geographic location played a critical factor in this decision by the intra-state airline.

Rick Weddle, president and CEO of the Orlando Economic Development Commission, said they are excited to see Silver Airways join the list of companies with a strong presence in the aviation industry in the region.

Weddle added that Silver Airways’ new state-of-the-art MRO facility at Orlando International Airport will bring new jobs in a growing sector of the local economy.

Oregon Economic Development Team Heading to California to Attract Food Companies

A contingent of local and state economic development officials from Oregon, accompanied by food industry partners, are planning a trip to California to the Natural Products Expo West.

Oregon Food Processing

Oregon Food Processing(photo – ormanufacturing.com)

Team Oregon Food Processing hopes to attract food companies to Oregon and give Oregon food companies a chance to promote their food products.

Apart from Oregon economic development agency Business Oregon, the contingent heading to California includes six food companies and about a dozen local economic developers and representatives for state agencies and other food industry development organizations.

The Natural Products Expo West is the world’s largest natural and specialty foods and beverages event. It also includes the organic foods, supplements, health and beauty products, and natural living and pet food industries. This year, the event is expected to attract more than 2,600 exhibitors and 60,000 attendees to the Anaheim Convention Center, including buyers and manufacturers.

The Oregon team includes members from the McMinnville Economic Development Partnership, Portland General Electric, Pacific Power, the Oregon Department of Agriculture, Oregon State University’s Food Innovation Center, Snake River Economic Development Corporation, and the City of Forest Grove. Not to mention economic developers from Lane, Clackamas and Malheur Counties.

The Oregon team will have its own booth and they will be meeting with food companies that attend the event. This is not the first time that the Oregon economic development team is foraging for food companies at this event.

In fact, they first met Chaucer Foods at this show. That resulted in the company announcing a major investment and job creation project last year in the City of Forest Grove with an 85,000-square-foot freeze-dried food processing facility that is expected to create 73 new jobs.

Six Oregon food businesses are also part of the team, and they will be able to set up displays and exhibit their products in the Oregon booth, meet with buyers and network with food industry attendees from all over the world to expand their businesses. More than 84 other Oregon businesses will also be separately exhibiting at the show.

Business Oregon Director Sean Robbins said in a release that Oregon is recognized around the globe for the quality of its food, and added that growing value-added food products is an essential part of the state’s economic strategy because it lifts both rural and urban economies.

Oregon’s $16.5 billion food industry includes about 1,670 companies that provide employment for more than 42,200 people and generate over $673 million in exports. This includes 120 brewing companies and 450 wineries, many of which also export their products worldwide.

Amsterdam Printing Will Stay and Expand in Upstate New York

New York economic development agency Empire State Development announced that Amsterdam Printing and Litho, a business that has been located in the state for more than 115 years, has decided to stay in Upstate New York and go ahead with an expansion of its operations.

Amsterdam Printing

Amsterdam Printing (photo – amsterdamprinting.com)

Supported by ESD, the Mohawk Valley REDC and the Montgomery County Business Development Center, the company will invest $10 million and create 39 new jobs while retaining its existing workforce of 469 employees in the state.

Amsterdam Printing was founded in 1898 by Abraham Singer as a one-man print shop in an NYC apartment. Today, the company has grown into one of the 20 largest promotional product companies in the United States.

They make promotional products that help businesses promote their company and retain customers by offering products ranging from personalized pens to pocket and desk calendars.

Amsterdam Printing has two facilities in Amsterdam and Queensbury, NY. The company is now owned by Minnesota-based Taylor Corporation, which recently kicked off a site selection process to evaluate suitable sites for investment where Amsterdam Printing could grow in the future.

Multiple New York State agencies worked with the company, the Mohawk Valley Regional Economic Development Council and the Montgomery County Business Development Center to ensure the retention and expansion of Amsterdam Printing’s operations in Upstate New York.

For starters, ESD has offered the company $3.25 million in performance-based incentives. This includes a $2.5 million capital grant that is tied to the retention of the company’s 469 jobs for an eight-year period. Another $750,000 in Excelsior Jobs Program Tax Credits will support the creation of 39 new jobs.

ESD Acting President, CEO and Commissioner Howard Zemsky said in the release that Amsterdam Printing has helped grow the local economy for more than a century, and when its parent company began evaluating where to invest for the future, they made a strong case to company officials and showed them why Upstate New York is a great place to continue to do business.

Also, a $900,000 grant will be provided to Amsterdam Printing through New York State Homes and Community Renewal. The New York Power Authority has likewise offered the company additional low-cost power for a seven-year period under the ReCharge NY Program.

NYPA president and CEO Gil C.Quiniones said in the release that ReCharge NY was designed specifically to create and retain jobs in New York, and they’re gratified that Amsterdam Printing recognized the program’s benefits.

Montgomery County Executive Matthew L. Ossenfort added that successful economic development projects, such as the retention and expansion of Amsterdam Printing, emanate directly from deep collaboration with private and public sector partners and their intense commitment to existing businesses in Montgomery County.

Illinois Clean Jobs Bill Hopes to Create Thousands of Green Jobs

Legislation introduced in the Illinois General Assembly could end up creating tens of thousands of green jobs in the state’s clean energy economy.

The Illinois Clean Jobs Bill (SB1485 and HB2607) seeks to establish new energy efficiency and renewable energy standards by amending the Illinois Power Agency Act.

Video – IL Clean Jobs

The bill would:-

– Increase energy efficiency standards to 20 percent by 2025;

– Increase the percentage of energy generated from renewable sources like wind and solar to 35 percent by 2030; and

– Create a market-based strategy to reduce the carbon pollution from power plants, as required to meet new Clean Power Plan standards recently announced by the U.S. EPA.

Hiking energy efficiency standards to 20 percent will double the savings as compared to what would otherwise be achieved under current standards in the state. The revenues generated from the carbon marketplace auctions would be invested in areas like workforce development and new renewable energy projects.

These measures, together with the 10 percent hike in the amount of renewable energy from 25 to 35 percent, are expected to provide a huge spurt in growth for the Illinois clean energy economy.

Illinois currently has around 100,000 clean energy jobs. If the Illinois Clean Jobs Bill becomes law and the higher standards it calls for are fully implemented, it is expected that the industry could support the creation of 32,000 jobs per year.

The average of 32,000 jobs created per year is an impact estimate provided by the Illinois Science and Technology Institute, based on data provided by the Illinois Department of Commerce and Economic Opportunity (DCEO) and the NRDC, among others.

The Illinois Clean Jobs Bill was introduced in the Illinois Senate by Sen. Don Harmon from Oak Park. Rep. Elaine Nekritz introduced the companion bill in the House.

“This bill benefits people in every part of Illinois, in our biggest cities, in suburbs, in farming communities – anywhere where people would gain from new jobs, better health and a cleaner environment,” said Sen. Harmon in a release issued by the Illinois Clean Jobs Coalition.

Rep. Nekritz noted that in the race to build a long-term, sustainable and profitable clean jobs economy, too many states are beginning to outpace Illinois, and urged fellow lawmakers to act now and join them in passing the bill.

The Illinois Clean Jobs Coalition, comprised of more than 40 businesses and 28 environmental and business organizations, likewise issued a statement in which they say that the Illinois Clean Jobs Bill sets a long-term clean energy policy that creates jobs, rather than sunsetting soon, missing opportunities to create jobs and raising the risk that consumers will again be asked to pay more in just a few short years.

NSF Grant for Tulane I-Corps Site to Boost New Orleans Economic Development

The National Science Foundation has selected Tulane University as the location for an Innovation Corps (I-Corps) Site and a grant that will result in a three-year push for commercializing technology-based research.

The Tulane I-Corps Site for a Resurgent New Orleans program will be funded with a federal grant from the NSF.

NSF Innovation Corps

NSF Innovation Corps (photo – nsf.gov)

According to a Tulane release, the project will expand New Orleans economic development by furthering the growth of the City as a hub for careers in energy, the environment and technology.

The Tulane I-Corps Site, one of 20 such sites in the United States funded by the NSF, will be the first one in Louisiana and the Gulf South region.

As part of this project, teams of students, professors and postdoctoral scholars at Tulane will work together with entrepreneurs from the region in multiple teams to move NSF-funded research at Tulane to the marketplace.

The Tulane I-Corps project will be led by Lars Gilbertson and Anne-Marie Job. Gilbertson is a social entrepreneurship professor and a professor of practice in biomedical engineering. Anne-Marie Job is the program director of Tulane’s Interdisciplinary Bioinnovation PhD program.

Gilbertson said in the release that the development of new technologies will expand New Orleans economic development and reinforce the burgeoning life sciences industry in the city and the surrounding region.

Anticipated program outcomes include increases in patentable technologies, start-up companies, and commercial licenses. Students and faculty who will be part of the Tulane I-Corps teams will, because of their deep involvement in innovation and entrepreneurship, themselves emerge as innovators and entrepreneurs.

The I-Corps project will enhance Tulane’s interdisciplinary Bioinnovation PhD program that pushes biomedical technologies from the lab into the healthcare sector. I-Corps teams will also work with the biomedical engineering program at Tulane which already has a successful track record of creating startups, intellectual property and other commercial ventures.

I-Corps is a public-private partnership program that combines a targeted curriculum with experience and guidance from established entrepreneurs. To implement it, the NSF is creating a National Innovation Network comprised of I-Corps Regional Nodes and I-Corps Sites.

The I-Corps Sites strengthen innovation locally, and each new Site adds to the program’s network of mentors, researchers, entrepreneurs and investors. It’s a very clearly defined and well-integrated system, with the I-Corps curriculum administered to I-Corps teams through online instruction and on-site activities at the I-Corps Nodes.

More information about the I-Corps project and application process to apply for an I-Corps Site is available on the NSF’s I-Corps Sites solicitation page.

Gilbertson added that the Tulane I-Corps Site will enable them to strengthen Tulane’s commitment to STEM education, women and underrepresented minorities, and also to global health initiatives and service to persons with disabilities.

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