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Showcasing the most lucrative investment opportunities in the United State & Canada

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Published by Courtneymargetson, 2019-12-18 08:20:19

FDI Alliance International Magazine. December 2019 Interactive Issue

Pages:

1 - 50
51 - 90

Showcasing the most lucrative investment opportunities in the United State & Canada

KCU-Joplin opened in July, 2017 with an
initial class of 164 and opened 2018 with
another 164 students; the first steps on its
promise to bring a 600-student medical
school when at a full four years. KCU-Joplin
is the first new medical school in Missouri
in nearly fifty years.

KCU worked with MSSU to help it realign
its pre-med curricula. In this program, up to
twenty-five top performing MSSU pre-med
students can go to KCU in their fourth year
with no application and no MCAT testing;
effectively creating a seven year program.
Regional hospitals are expanding and creating
rotation and residency opportunities for the
students, emphasizing the path the students
can take to build careers in this area.

MSSU likewise is already benefitting with a
jump in student enrollment in its pre-med
program. An unanticipated result of the
partnership with KCU has been students who
are coming to MSSU for its other medical
career programs like respiratory therapy and
nursing. They indicate the relationship with
The Chamber offers public space for Kansas City University of Medicine and KCU has enhanced MSSU’s already strong
company and community training needs. Bioscience became a key target for the reputation in those areas and also assures
The Chamber has also developed a culinary community’s efforts. KCU had a mission them there is a career track to become a
kitchen for entrepreneurs. The Chamber to serve rural and family medicine and was doctor in the future if they so choose.
also has space for small firms to start up, already among the top medical schools
particularly those that can utilize Crowder in the US in terms of doctors graduating Our experience so far indicates that
students in the IT and CAD fields. and, it was expanding. KCU responded to partnerships focused on serving the needs
the community and said it would come to of our community and regional businesses
The ATTC would not have been possible Joplin, if the community could address the create success for those companies and our
without the strong partnerships already in lion’s share of the facility needs. The two people. We continue to place an emphasis
place among the Chamber, City, Crowder medical systems immediately participated, on workforce training , because it is our
and WIB. When the opportunity arose to done providing the building it had been belief that in an every changing economy
create a state-of-the-industry training facility using for a temporary hospital post-tornado business and organizations need people
for manufacturing as well as support other and the other a cash gift. The community who are trained for today and that have the
training needs, the organizations were provided additional support, eventually opportunities to train for tomorrow.
ready to act. raising more than $30-million regionally
for the school.
A partnership that has brought success to our
area for the medical sector was creation of
the Regional Medical School Alliance. With
two major medical systems and numerous
smaller hospitals in the region, one of the
long held concerns was finding enough
doctors to fill the needs. In particular, there
was a feeling that a medical school in the
region would not only train doctors, but also
attract regional talent that wanted to stay
here and serve the area population.

Initial discussions on the concept among
the hospitals and Missouri Southern State
University, began as early as 2008. It was
evident that state budgets were not going
to allow creation of a new public university-
based medical school, so discussion turned
to private medical schools. While set-aside
in 2011 due to the tornado, the conversation
resumed in 2012 with the Chamber creating
the Alliance to formalize the partnerships
and create a funding conduit.

FDI ALLIANCE 51

CONVERTING BUSINESSES TO

COOPERATIVES JUST GOT EASIER

As Tom Adams, co-founder of Adams & Finding a competent buyer was unlikely because “We see employee ownership as creating a
Chittenden Scientific Glass, started planning of the niche service Adams and Chittenden stable financial situation for people and their
his exit into retirement, he knew what he didn’t provided—artisan-level glass blowing for scientific communities.”
want to happen. Twenty-six years earlier, Adams applications. Even if they did find that magic buyer,
was a production manager at a scientific glass the two were concerned about the livelihood of The initiative aims to lower barriers for businesses
blowing company in Berkeley, Calif., when the the business after they left; the two founders have converting to employee-owned models by
last of the company’s founders decided to sell nearly a century of glass blowing experience providing access to individuals and organizations
»
the company to an MBA with no expertise in between them. who are experienced in co-op conversions, and to
the field. Beyond the new discomfort within the lenders familiar with cooperative business models.
company, the final straw was when the new “You can’t just hand your head to somebody and The initiative is seeded with $5 million from
owner denied Adams’s request for a raise. say ‘here, use this,’” Adams said. “It’s transmittable, Quality Jobs Fund, an initiative by the New World
but not trivially.” Foundation and the Federal Home Loan Bank of
Resigning and starting a competing scientific glass San Francisco that invests in projects committed to
company with his partner George Chittenden was That’s when Adams and Chittenden started improving quality job opportunities for workers in
a “rapid transition” that has served the glass blower looking into cooperative conversion options. historically underserved areas. It aims to perform
well, but that doesn’t mean Adams wants to force 30 conversions and maintain quality employment
any of his employees into the same choice after his “Passing it onto a co-op means that we still get to for more than 1,000 individuals over the next 10
own exit from the company. pass that tribal knowledge on,” Adams said. years in California, Nevada and Arizona. The
“It lurked in the back of our minds for a long time initiative also focuses on the positive ripple effects
because it was apparent we were getting older,” In early 2017, the pair reached out to Project Equity, employee ownership can have in a community.
Adams said. “We were part of that classic position a nonprofit organization that helps businesses
of being part of the silver tsunami.” Adams is convert to employee-ownership. That model made “It’s harder and harder for working people to
referring to the wave of baby boomers who are sense for Adams & Chittenden, whose employees make ends meet,” said Alison Lingane, co-founder
aging out of the workforce. were career glass blowers, not laborers in unskilled of Project Equity. “We see employee ownership as
jobs. creating a stable financial situation for people and
With nearly half of privately owned U.S. businesses their communities. This is something that addresses
with employees owned by boomers, Adams and Project Equity was at the time finalizing its Accelerate a lot of issues all at once.” According to the
Chittenden were facing an increasingly common Employee Ownership initiative, a collaboration Harvard Business Review, employee ownership can
problem: Develop a succession plan or close the launched in September with the Shared Capital reduce economic inequality because the primary
business, which in their case would mean laying off Cooperative, a national loan fund that provides beneficiaries of profitable businesses are working-
eight employees and shutting a company they had financing to cooperative businesses and housing and middle-class people. Also, the businesses
built from the ground up. in the United States. act as capital for their employee-owners, which is

52 FDI ALLIANCE

Another aspect of Project Equity’s initial assessment
is workplace culture.

Co-op models require literal and metaphorical
buy-ins from employee-owners; if the members
aren’t committed to developing an equitable
space, then the co-op won’t function as intended.
While the initial business culture isn’t a make-or-
break for conversion feasibility, it does influence
what type of guidance a business will need
throughout the transition.

While the conversion itself typically takes nine
to 12 months, Project Equity continues advising
businesses for two years after they convert,
providing resources on developing healthy co-op
culture and how to form good saving habits for
profit shares.
Adams described the conversion as a relatively
straightforward process of jumping through
a series of hoops, but he recognized that the
conversion wouldn’t have been possible without
an experienced facilitator to guide the company
through it.

In addition to providing the blueprint for the
business’s bylaws, Project Equity also connected
CONVERTING BUSINESSES TO the first step towards building community wealth, the initiative, described the employee-ownership Adams & Chittenden to pro bono legal help for
various filings—the legal fees alone would have
because the employee-owner can use that asset to
structure as a “business incubator” where worker-
COOPERATIVES JUST GOT EASIER accumulate more equity, such as buying a house owners are constantly building their ownership cost the co-op more than $228,000, Adams said.
skillsets.
in the community.
Project Equity also focuses on connecting businesses
A Rutgers University study in 2004 found that not California Solar is the first co-op in its city, Grass with other organizations, such as nonprofits, lenders
only can employee-ownership boost employee Valley, California. The company’s conversion and law firms, to make conversion assistance more
As Tom Adams, co-founder of Adams & Finding a competent buyer was unlikely because “We see employee ownership as creating a productivity, but during an economic downturn, created local buzz—so much so that California accessible and employee ownership more self-
Chittenden Scientific Glass, started planning of the niche service Adams and Chittenden stable financial situation for people and their companies with employee ownership were less Solar is planning on hosting a co-op open house generating, Lingane said.
his exit into retirement, he knew what he didn’t provided—artisan-level glass blowing for scientific communities.” likely to disappear than those without. The study for other local business owners to learn about the
want to happen. Twenty-six years earlier, Adams applications. Even if they did find that magic buyer, argues that higher survival rate of employee- model. The need for that support is growing as more
was a production manager at a scientific glass the two were concerned about the livelihood of The initiative aims to lower barriers for businesses owned businesses is linked to their greater stability laws are passed that incentivize employee-
blowing company in Berkeley, Calif., when the the business after they left; the two founders have converting to employee-owned models by as employers, indicating that “employee ownership While employee ownership can be a gateway to ownership models, like the federal Main Street
last of the company’s founders decided to sell nearly a century of glass blowing experience providing access to individuals and organizations may have an important role to play in increasing more stable, higher quality jobs, it isn’t for every Employee Ownership Act of 2018. The 2019
»
the company to an MBA with no expertise in between them. who are experienced in co-op conversions, and to job and income security, and decreasing levels of business, which is why each potential conversion legislative session also sees bipartisan bills in
the field. Beyond the new discomfort within the lenders familiar with cooperative business models. unemployment.” starts with a feasibility assessment. both the U.S. House and Senate promoting and
company, the final straw was when the new “You can’t just hand your head to somebody and The initiative is seeded with $5 million from expanding Employee Stock Ownership Plans,
owner denied Adams’s request for a raise. say ‘here, use this,’” Adams said. “It’s transmittable, Quality Jobs Fund, an initiative by the New World “Workers have skin in the game, particularly The first requirement: The company must be another popular model, and providing funding for
but not trivially.” Foundation and the Federal Home Loan Bank of in certain sectors of the economy,” said Noah profitable. The conversion is basically the sale of employee ownership centers that provide training
Resigning and starting a competing scientific glass San Francisco that invests in projects committed to Bernstein, senior program officer at the New World the business to itself; the employees each put up a and technical assistance to similar programs.
company with his partner George Chittenden was That’s when Adams and Chittenden started improving quality job opportunities for workers in Foundation and leader of the Quality Jobs Fund. buy-in amount to become an owner and the co-
a “rapid transition” that has served the glass blower looking into cooperative conversion options. historically underserved areas. It aims to perform “When they are given leadership opportunity, they op takes out a loan to make up the rest of the sale Beyond Project Equity, other national organiza-
well, but that doesn’t mean Adams wants to force 30 conversions and maintain quality employment want to take care of each other.” price. The payments on the loan are just another tions providing support to conversations include
any of his employees into the same choice after his “Passing it onto a co-op means that we still get to for more than 1,000 individuals over the next 10 line item expense covered by company profits. CooperationWorks!, a network of cooperative
own exit from the company. pass that tribal knowledge on,” Adams said. years in California, Nevada and Arizona. The While employee ownership can be a gateway to developers, and the Democracy at Work Insti-
“It lurked in the back of our minds for a long time initiative also focuses on the positive ripple effects more stable jobs, it isn’t for every business. Co-op models require literal and metaphorical tute, an initiative of the U.S. Federation of Work-
because it was apparent we were getting older,” In early 2017, the pair reached out to Project Equity, employee ownership can have in a community. buy-ins from employee-owners. While the sale er Cooperatives.
Adams said. “We were part of that classic position a nonprofit organization that helps businesses When Adams & Chittenden started its own con- price can be adjusted to create feasible loan
of being part of the silver tsunami.” Adams is convert to employee-ownership. That model made “It’s harder and harder for working people to version, Adams noticed the employees started payments, the sellers typically have their own While co-op conversions can help avoid problems
referring to the wave of baby boomers who are sense for Adams & Chittenden, whose employees make ends meet,” said Alison Lingane, co-founder taking interest in all the responsibilities through- value assessment they expect to sell for. From the and support job stability and the accumulation
aging out of the workforce. were career glass blowers, not laborers in unskilled of Project Equity. “We see employee ownership as out the company. expectations of the seller to the profit margins of of assets, the leaders involved in the initiative ac-
jobs. creating a stable financial situation for people and the business, determining the sale price for a knowledge this is not a one-and-done solution, but
With nearly half of privately owned U.S. businesses their communities. This is something that addresses Lingane said interest in understanding all parts of conversion can be a sticky point in the process. rather a gateway to impactful change.
with employees owned by boomers, Adams and Project Equity was at the time finalizing its Accelerate a lot of issues all at once.” According to the the business is the “essence of ownership culture”
Chittenden were facing an increasingly common Employee Ownership initiative, a collaboration Harvard Business Review, employee ownership can and a key part of workplace culture for employee- For Tom Adams, agreeing to the proposed sale “It’s not a magic bullet,” Bernstein of Quality Jobs
problem: Develop a succession plan or close the launched in September with the Shared Capital reduce economic inequality because the primary owned businesses. price “was not without a lot of consideration,” but Fund said. “This is just one solution that we hope
business, which in their case would mean laying off Cooperative, a national loan fund that provides beneficiaries of profitable businesses are working- Lars Ortegren, co-founder of California Solar he understood the logic behind the figure and felt will have an impact on conversion space.”
eight employees and shutting a company they had financing to cooperative businesses and housing and middle-class people. Also, the businesses Electric Co., the second business to receive the assessment that was eventually agreed on was
built from the ground up. in the United States. act as capital for their employee-owners, which is financing and conversion assistance through fair. Adams did not disclose the sale price.

FDI ALLIANCE 53

GOVERNOR
ROY COOPER

Welcome to

NORTH CAROLINA

North Carolina is a southeastern U.S. state with a The Appalachian Mountains, the largest range in WORKFORCE & EDUCATION
landscape ranging from Atlantic Ocean beaches to the eastern United States, stretch from Canada to In addition to the large number of people flocking to
the Appalachian Mountains. With a population of northern Alabama the state who continue to deepen their pool of high-
10.3 million, with 23% under 18 and 15% over 65. quality talent, and the world-renowned education
Scenic beauty, a moderate climate, a culture rich system graduates thousands of students into the state’s
Charlotte is North Carolina’s largest city, and is home in history and the arts, and world-class sports and workforce each year. Various training programs from
to the NFL’s Carolina Panthers and museums such recreational opportunities make North Carolina an an array of organizations prepare even more workers
as the NASCAR Hall of Fame. The state motto (“First exceptional place to live and do business. Combine for skilled positions to fit specific companies’ needs.
in Flight”) honors the Wright Brothers, who flew their that with superiority health care, highest leading
first plane in Kitty Hawk on the Outer Banks, barrier universities, a low cost of living and it’s easy to see QUALITY OF LIFE
islands lined with popular beaches why most people who live in North Carolina never North Carolina offers an incomparable quality of life.
want to leave. From there beautiful beaches and majestic mountains
North Carolina is recognized for its natural resources to the idyllic areas in between, it’s no wonder people
with more than 300 miles of Atlantic coastline and If you’re looking for easy access to both domestic and from all over flock to the state. Add to that their
the highest mountain peaks east of the Rockies. There global markets, look no further than North Carolina. central East-Coast location, moderate climate and
communities are healthy, desirable and thriving. North From extensive highway system, four international relatively low cost of living and it’s easy to see why
Carolina consistently ranks at the leading places to airports and two seaports make it obvious why North North Carolina is the 9th most-populated state in the
live and do business. Carolina is consistently ranked as one of the top U.S. U.S.—and growing.
states for doing business.
There are three distinct landforms of the Southeast and North Carolina’s scenic beauty, a moderate climate,
of North Carolina, the Coastal Plain, the Piedmont North Carolina is committed to making it easy for a culture rich in history and the arts, and world-class
and the Appalachian Mountains. The Coastal Plain companies to do business. That’s why the state fosters sports and recreational opportunities make North
is low, flat to gently sloping land that extends along a pro-business environment, fueled by the lowest Carolina an extraordinary place to live and do
the Atlantic Ocean and the Gulf of Mexico. We have corporate income tax in the U.S. along with a favorable business. Combine that with excellence health care,
300 miles of white sandy beaches. The Piedmont, legal and regulatory climate, low business costs and highest leading universities, a low cost of living and
characterized by hilly, rolling land, borders the Coastal qualified talent. As a result, North Carolina garners it’s easy to see why most people who live in North
Plain. The Piedmont extends from Virginia to Alabama. some impressive accolades. Carolina never want to leave.

54 FDI ALLIANCE

GOVERNOR
MIKE DEWINE

Welcome to

OHIO

Ohio is a midwestern U.S. state stretching from the manufacturing facility in Englewood. The facility, which With over 5.6 million people in the workforce, Ohio is
Ohio River and Appalachian Mountains in the south will employ 100 full-time workers within three years, home to an abundant, vibrant and industrious talent
to Lake Erie in the north. On the shores of the lake is it’s Hematite’s first in the United States and will serve pool that offers a wide variety of skills, from tech-savvy
the city of Cleveland, site of the Cleveland Museum of as the company’s U.S. headquarters as it expands its coders to computer numerically controlled (CNC)
Art and its renowned collection of European paintings presence in the United States. operators, from engineers and scientists to those in
and especially Asian art. Cleveland is also home to professional services and healthcare. JobsOhio focuses
the Rock and Roll Hall of Fame and Museum, and If you’re looking to start, locate or expand a business on industries that include advanced manufacturing,
close to expansive Cuyahoga Valley National Park. here, you’re in good company. Hundreds of aerospace and aviation, automotive, energy and
The Buckeye State is home to the Rock and Roll Hall businesses, both domestic and international, have chemicals, financial services, food and agribusiness,
of Fame in Cleveland, the Pro Football Hall of Fame in chosen the Region, announcing expansions and healthcare, tech, logistics and distribution. More and more companies are adopting advanced partnered with Sinclair Community College (SCC), Petroleum, Macy’s, Procter & Gamble and Kroger.
Canton and Ohio Stadium in Columbus. The novelist locations, and Columbus Region employers have manufacturing technologies, such as 3-D printing, TechSolve and five companies – ART Metals Group, According to Mark Crawford, Contributing Editor to
Charles Dickens once dubbed Cincinnati “one of the added over 100,000 net new jobs since 2010. Ohio’s healthcare sector has outpaced national CNC automation and nanotechnology. But these Clippard Instruments, Festo Corp., MQ Automation Area Development’s The Top Site Selection Factors
most interesting [cities] in America.” employment growth for 2012-18, adding technologies require specialized skills that many and Nestlé – to create an apprenticeship program of 2016, “energy availability and costs are important
Today, about 11.7 million people call Ohio home. approximately 6,000 jobs. Ohio added 6,188 manufacturing workers simply don’t have, leaving a in mechatronics, a field that combines mechanical, for every project, but especially critical for industries
Ohio’s geographic location has proven to be an asset About 83 percent of the population is white, while healthcare jobs during this period – more than other gap between the talent that’s available and the talent electrical and computer control skills. that consume large amounts of energy, such as
for economic growth and expansion. Because Ohio nearly 13 percent is African-American and just under regional states except Pennsylvania. Ohio had the that’s necessary. manufacturing, distribution, and data centers.”
links the Northeast to the Midwest, much cargo and 4 percent is Hispanic of any race. second highest percentage change in employment The resulting Mechatronics Apprenticeship Program
business traffic passes through its borders along its Ohio is home to dozens of colleges and universities, with 8 percent, second only to Kentucky. An Ohio company has taken a unique approach to Partnership (MAP2), introduced in the fall of 2016, For years, Ohio has been a hub of aerospace and
well-developed highways. Ohio has the nation’s 10th including Ohio State University, University of Dayton, addressing this problem. Festo, a worldwide leader is designed to help individuals learn advanced aviation industry activity. Aerospace companies in the
largest highway network and is within a one-day drive Ohio University, University of Cincinnati and Kent Ohio’s shale energy and petrochemical employment in automation technology, started a one-of-a-kind manufacturing skills and earn an associate degree state can integrate into a leading supply chain and
of 50% of North America’s population and 70% of State University. grew more than four times as quickly as the national apprenticeship program that trains its workers – and in mechatronics at the same time. MAP2 uses the grow extensively through a thriving business climate.
North America’s manufacturing capacity. To the north, employment growth between 2012-18 (8.20 percent workers from other companies – in the skills they need German apprenticeship model of dual education, In Ohio, key advancements supported by over $12
Lake Erie gives Ohio 312 miles (502 km) of coastline, To compete success for Ohio, 2 percent for the U.S). Ohio added more for careers in advanced manufacturing. where apprentices learn in a classroom but gain billion in science and engineering research and
which allows for numerous cargo ports. fully around the globe, companies must have access jobs during this period than any of its regional Based in Germany, Festo launched its U.S. operations experience at work. Students in Festo’s apprentice development spending unlock opportunities across
to top-level talent. Ohio’s world-class universities, competitors and grew at the second highest pace of in Mason, about 30 miles north of Cincinnati, in 2016 program take classes at SCC, get hands-on training at the entire aerospace and aviation industry.
From manufacturers, like Honda, to logistics providers, community colleges and trade schools, workforce 8 percent behind only Michigan at 9 percent. with the grand opening of its Regional Service Center, Festo’s learning center and receive actual experience
like DHL Supply Chain, companies from all around training programs, partnerships and apprenticeship a state-of-the-art assembly and distribution center. The at their respective employers. Ohio is prepared for the future of aerospace and
the world have made the Columbus Region the center strategies complement the Midwest work ethic of Ohio schools granted 67 percent more annual facility also houses Festo Didactic’s Learning Center Ohio’s manufacturing industry leads the country in aviation. When it comes to launching your business,
of their North American operations. Ohioans. The result is a workforce that is educated, degrees and certificates for chemistry, petroleum Midwest, an educational center that offers a wide production of plastics and rubber, fabricated metals there’s no better place than Ohio to let your ideas
committed, skilled and productive, and able to engineering, chemical engineering, and similar range of industrial training programs. and electrical equipment and appliances. The state take flight.
Hematite Inc., a Tier 1 automotive supplier and meet the needs of a variety of employers, including programs from 2010-17, second in the region. is also a leading producer of trucks, autos and steel.
manufacturer based in Ontario, Canada, is advanced manufacturers, financial services firms and Recognizing the region’s need for highly skilled Fortune 500 companies headquartered in Ohio Ohio’s talent pipeline meets the demands of today
investing $18 million to build a 106,000-square-foot healthcare providers. workers, Festo Didactic, part of the Festo Group, include Cardinal Health, Nationwide, Marathon and is prepared for the needs of the future.

FDI ALLIANCE 57

Located twenty minutes south of Cleveland, the City of Strongsville is a thriving
community of nearly 50,000 residents that is centered around a dynamic
business community, thousands of acres of parks, excellence in education,
and an experienced administration focused on business development and
financial stewartship.

Location Cleveland Hopkins International Airport (5 miles) by US News & World Report; 2018), Cuyahoga
The City of Strongsville’s unique location is a driver and downtown Cleveland (20 miles). Community College, and Polaris Career Center.
of business growth, with Intestate 71 and the Ohio Strongsville is also located within a 30 minute drive In addition, Strongsville’s strategic location provides
Turnpike (I-80) intersecting within the City, as to educational institutions that provide workforce access to important regional quality of life assets,
well as US Highway 42 and State Route 82. The assistance across the spectrum of needs, including including the Rock & Roll Hall of Fame, Progress
community’s established infrastructure provides Case Western Reserve University (ranked the Field, Quicken Loans Area, First Energy Stadium,
easy access in all directions and a short drive to 32nd most innovative University in the country the Cleveland Museum of Art, and Cleveland
Playhouse Square.

Superior Business Environment
Through insightful City Planning and a pro-business,
experienced administration, Strongsville has become
one of the premier business locations in Ohio.
The City is home to a diverse, growing local economy
that maintains a solid tax base through established
business parks and a thriving commercial sector.
Development in the City of Strongsville has closely
followed the City’s Comprehensive Master Plan,
which was first developed in the early 1960s and
has been modified regularly to accommodate
changes in the economic climate. As part of that

58 FDI ALLIANCE

 Major employers in the park: Corporate Importantly, the City of Strongsville offers the  94% of businesses rated the overall quality of
Headquarters of Atlantic Tool & Die, PPG Industries, opportunity to grow with over 1,000 acres of life in Strongsville as good/excellent
and Insight/Chemical Services’ Corporate undeveloped, greenfield sites available, including
Headquarters 169 acres of shovel-ready land owned by the City.  94% of businesses would recommend Strongsville
to another business
Park 82 Business retention is the number one priority of
 86 acres; 100% developed the City’s Economic Development Department. The survey also indicated that the majority of
To that end and in partnership with Ohio State Strongsville’s business base located in City because
 1,349,280 SF of build-out University, the City of Strongsville conducts Business of:
Retention & Expansion (BR&E) surveys focused on
 Proximity to Freeways
 Home to over 15 companies that employ over the City’s manufacturing, high tech, and headquarter
1,000 employees facilities. The most recent survey completed in  Workforce Availability
2016 revealed that:
 Major employers in the park: Darice Inc, (a  91% of businesses rated Strongsville as a good/  Access to Customers
division of Michael’s), Intralot, and Dealer Tire excellent place to do business
 Quality of Life

Full survey results are available at www.strongsville.
org
Quality of Life
For the betterment of the business base and the
community’s residents, Strongsville maintains a
vibrant retail sector, including the 1.65 million
square foot SouthPark Mall.

SouthPark Mall contains the largest collection of
retail, dining and entertainment establishments in
Northern Ohio and continues to prosper in today’s
changing retail environment.
In addition, employees and residents in Strongsville
benefit from the development of over

3, 149 acres of greenspace throughout the
community, including over 2,000 acres of the

FDI ALLIANCE 59

plan, four industrial development areas, totaling The Dow Circle Research & Development Corporate Headquarters, Akzo Nobel Coatings
over 2,362 acres, have been established within Park RD&I Center, and PNC Bank’s Technology Center
the City featuring large setbacks and ample green  258 acres; 95% developed
space, resulting in a “park-like” atmosphere.  910,112 SF of build-out The Progress Drive Business Park
 325 acres; 96% developed
A summary of each of the four business parks is
 Home to over 30 companies that employ over
listed below:
2,600 employees  1,508,326 SF of build-out
The Strongsville Business & Technology
Park  Major employers in the park: Regional  Home to over 40 companies that employ over
Headquarters for Enterprise Rental Car, Lumitex’s 2,000 employees
 1,693 acres; 70% developed

 3,617,028 SF of build-out

 Home to over 70 companies that employ over
3,000 employees

 Ranked as the #1 industrial park in Northeast
Ohio by Crain’s Cleveland Business (9/2018)

 Over 500 acres of undeveloped, greenfield
land available for future industrial development

 Major employers in the park: Momentive
Performance Material’s Quartz Division, the
Operations Center for Vitamix, Foundation
Software’s Corporate Headquarters, Clark Reliance’s
Corporate Headquarters, Sparton Medical Devices,
CCL Label, and Eberhard Manufacturing’s Corporate
Headquarters

60 FDI ALLIANCE

Cleveland Metroparks, a nationally recognized with the number directly influenced by life factors “The goal of the Economic Development Department
park system. such as current location of family or employment is to add value for our business partners,” said
(3,311 households answered the question) Brent Painter, the City of Strongsville’s Economic
Realizing the importance of maintaining excellence Development Director. “Workforce is a major
in quality of life, the City works closely with Ohio The top four reasons given for living in Strongsville challenge for our business community and we look
State University to conduct census residential were: forward to helping find solutions.”
surveys of Strongsville’s residents to determine  Safe Environment
the value they place on available amenities and To review the Workforce Assistance Resource
 Quality of Housing
services, as well as their overall assessment of the Guide please visit www.strongsville.org
community’s quality of life.
 Quality of Schools
In December of 2017, the Strongsville Residential  Access to Family
Survey Subcommittee mailed the survey to 14,675
Strongsville households, of which 3,529 completed Full survey results are available at www.strongsville.
the survey, resulting in a strong response rate of org Brent Painter
24% (typically 20% is considered very good).
Workforce Assistance
The survey results indicated: Understanding the importance of workforce Director of Economic Development
 92% of respondents rated the “Quality of Life” as development, entities across the State of Ohio
good to excellent in Strongsville (3,440 households have tried to assist in the creation of effective The City of Strongsville
answered the question; average household size workforce development programs intended to assist
in Strongsville is 2.56 people according the US employers in the attraction and retention of talent. 16099 Foltz ParkwayStrongsville,
Census estimates in 2015)
To add value in this process, the City of Strongsville
Ohio 44149
 88% of respondents indicated they would has developed the Workforce Development
recommend Strongsville to others as a place to Assistance Guide. The guide is a concise/accurate
live (3,369 households answered the question) resource that connects the City’s business base Phone: 440 580 3118
to available workforce development programs &
 81% of respondents would still choose to live in
partners
Strongsville if they could make the choice again,

FDI ALLIANCE 61

GOVERNOR
HENRY MCMASTER

Welcome to

SOUTH CAROLINA

South Carolina is a southeastern U.S. state known for Geography Recreation
its shoreline of subtropical beaches and marsh like sea From the foothills of the Appalachian Mountains to the South Carolina works hard, but also appreciate how
islands. Coastal Charleston is a historic city, defined 187 miles of Atlantic Ocean coastline, residents and to enjoy the moment. To some, that’s a memorable
by pastel-colored houses, Old South plantations and visitors enjoy the outdoors, including leisure activities fishing excursion; to others, it’s a rejuvenating bike ride
Fort Sumter, where the Civil War’s opening shots were on the many rivers and lakes throughout the state. on the beach. Whether it’s the iconic Myrtle Beach
fired. To the north is the Grand Strand, a roughly 60- Grand Strand, the white-sand shores of Hunting
mile stretch of beachfront known for golf courses and Climate Island or the Lowcountry’s Kiawah Island Resort,
the vacation town Myrtle Beach. Our location on the eastern seaboard means South Carolina beaches compose a landscape of
warm summers and mild winters. South Carolinians unmatched beauty. Forty-seven state parks, 14 major
Quality of Life enjoy outdoor activities year-round and businesses lakes and reservoirs and more than 360 golf courses,
Appreciating a beautiful day is a favorite South experience few weather-related interruptions. South Carolina provides a diverse outdoor experience.
Carolina past time and it is beautiful most all the
time. From natural landscapes to world-renowned The Arts South Carolina’s infrastructure makes doing business
events. Steeped in history and tradition, South Carolina From the 17-day Spoleto Festival in Charleston to the easy for several reasons. With five interstate highways
offers a low cost of living and unparalleled access to more than 200 annual performances at the Newberry that criss-cross the state and an excellent East-West and
the US and travel abroad. People around the world Opera House, the arts thrive in all forms across the North-South access to the rest of the United States.
have recognized what our state has to offer— tourism state and offer something for all ages.
brings in $19 billion per year.

62 FDI ALLIANCE

GOVERNOR
HENRY MCMASTER

Welcome to

SOUTH CAROLINA The Port of Charleston has been the center of global Terminal Railroad (PTR) and the East Cooper and Palmetto State offers a plethora of development
opportunities. These opportunities range from
commerce and trade for three centuries. It is one of the Berkeley Railroad (ECBR).
universities to world-class research facilities throughout
busiest container ports along the Southeast and Gulf
Shores. It is recognized as one of the most productive South Carolina’s energy costs are about 12% less than the state.
ports averaging 40 plus moves per hour/per crane. the national average. It has a variety of energy sources
Each year, more than 20 different shipping lines use including hydroelectric, nuclear, coal, natural gas South Carolina is a right-to-work state. It has a low
South Carolina’s port. These shipping lines service 150 and other renewable resources. due to investments in unionization rate of only 2.6%. Therefore, making this
South Carolina is a southeastern U.S. state known for Geography Recreation countries. Our deep water and high bridges allow the infrastructure, South Carolina maintains stable electricity the lowest ranking in the US. The state’s unionization
its shoreline of subtropical beaches and marsh like sea From the foothills of the Appalachian Mountains to the South Carolina works hard, but also appreciate how port to serve ships of more than 8,000 TEU’s. In 2016, costs. They have been using emissions-free nuclear rate for the private sector is only 1.5%. We have the
islands. Coastal Charleston is a historic city, defined 187 miles of Atlantic Ocean coastline, residents and to enjoy the moment. To some, that’s a memorable the Port of Charleston handled 1.79 million TEU’s. With power since the early 1970’s. It ranks as the third lowest percentage of total employed workers covered
by pastel-colored houses, Old South plantations and visitors enjoy the outdoors, including leisure activities fishing excursion; to others, it’s a rejuvenating bike ride such high figures, it makes an ideal port for shipping. largest generator of nuclear power energy in the United by a collective bargaining agreement of any state in
Fort Sumter, where the Civil War’s opening shots were on the many rivers and lakes throughout the state. on the beach. Whether it’s the iconic Myrtle Beach States. This impressive nuclear power system generates the Union. With a focus on ensuring South Carolina’s
fired. To the north is the Grand Strand, a roughly 60- Grand Strand, the white-sand shores of Hunting With three major airports located in Columbia, Myrtle more than 50 million net megawatt-hours of energy. workforce. We continue to be one of the best in the
mile stretch of beachfront known for golf courses and Climate Island or the Lowcountry’s Kiawah Island Resort, Beach, and Charleston. Many travelers have access to nation due to a team of twelve Regional Workforce
the vacation town Myrtle Beach. Our location on the eastern seaboard means South Carolina beaches compose a landscape of countless US and international destinations. There are South Carolina has a highly reliable world class Advisors (RWA’s). These advisers work to connect the
warm summers and mild winters. South Carolinians unmatched beauty. Forty-seven state parks, 14 major several major airlines available for a variety of choices Communications Network. This network is designed business and education communities to meet industry
Quality of Life enjoy outdoor activities year-round and businesses lakes and reservoirs and more than 360 golf courses, depending on the desired destination. and engineered to meet the requirements of industry Workforce demands.
Appreciating a beautiful day is a favorite South experience few weather-related interruptions. South Carolina provides a diverse outdoor experience. for wireless, high-speed internet and voice service. Our
Carolina past time and it is beautiful most all the Twenty seven million tons of freight moved through state is also home to many leaving computer-related South Carolina makes an ideal location for
time. From natural landscapes to world-renowned The Arts South Carolina’s infrastructure makes doing business South Carolina’s extensive railway systems. Norfolk companies. The ability to work with local experts in the any business due to it’s strong tourism, railroad
events. Steeped in history and tradition, South Carolina From the 17-day Spoleto Festival in Charleston to the easy for several reasons. With five interstate highways Southern and CSX Transportation are Class I railroad design, maintenance and outsourcing of integrated transportation and shipping logistics services. Other
offers a low cost of living and unparalleled access to more than 200 annual performances at the Newberry that criss-cross the state and an excellent East-West and companies. Seven independent rail lines service nearly computer systems is a necessity for many businesses. assets include, low energy costs with multiple energy
the US and travel abroad. People around the world Opera House, the arts thrive in all forms across the North-South access to the rest of the United States. 2,300 miles. Palmetto Railways operates three common South Carolina has a knowledge-based economy. sources, knowledge based economy, communications
have recognized what our state has to offer— tourism state and offer something for all ages. carrier railroads. These railroads include, the port We understand that being competitive requires a network and work force services.
brings in $19 billion per year. Utilities Commission of Charleston (PUCC), the Port commitment to research and development. The

FDI ALLIANCE 63

The Pee Dee Spec Building is awaiting its first tenant. The 100,000 sq. ft. building is located in the Pee Dee Commerce Park just off I-95 at Exit 170 and is 25 miles from Inland Port Dillon.

The Dillon County Spec Building is off
the ground and nearing completion. This
109,200 sq. ft. building is located just off
I-95 at Exit 190 and located 4.5 miles
from Inland Port Dillon.

The Williamsburg County Spec Building
broke ground in July and construction
has begun on the 52,000 sq. ft. building
Expected to be completed in April 2019, the Marion County Spec Building will be 101,500 located in the Williamsburg Cooperative
sq. ft. and is located just 15 miles from Inland Port Dillon. Commerce Center South on Highway 52
and is rail accessible.

To sell something, you have to have something to sell. That is save six months or more of design, zoning, permitting, and reports completed not only mitigates the risk of
the message that the North Eastern Strategic Alliance (NESA) construction lead times. Spec buildings are not inexpensive the community with regard to its investment, but
has been expounding for more than a decade. Located in the investments which is why communities need to perform also lends credibility and speed to market for an
northeastern corner of South Carolina, encompassing the adequate due diligence on sites that are being considered. end user. In addition to the engineering reports,
Florence and Myrtle Beach MSAs, NESA has been a staunch Although there are numerous issues to consider, the community should assure that the site is
supporter of product development including industrial parks, siting a spec building follows a similar due diligence appropriately zoned for industrial development and
sites, and spec buildings. With an improving economy and process that a manufacturing client would expect to has adequate water, wastewater, natural gas, and
nearly half of all economic development projects requesting undergo. Pertinent engineering reports would include electrical infrastructure in place to accommodate
an existing building, having spec or “shell” industrial buildings an environmental site assessment, archeological a major manufacturing operation.
in inventory is more important than ever. report, geotechnical exploration, endangered
species assessment, and wetlands delineation Beyond the actual costs of designing, engineering
Companies demand speed to market. In general, companies with a jurisdictional determination letter from and constructing a spec building, communities
that locate manufacturing operations in a spec building can the US Army Corps of Engineers. Having these should also be prepared to spend marketing dollars

64 FDI ALLIANCE

The Georgetown County Spec Building is 50,000 sq. ft. and is located in the Georgetown County Business Center, which is rail accessible
and just off of Highway 521 in Andrews, S.C.

pursuing industrial clients. This effort should development ranging from design, to financing, meetings, incentives negotiations, meetings with
include advertising, online marketing campaigns, to actual construction, to marketing completed utility companies, and other meetings, Wyman
site selector outreach, lead generation campaigns buildings. The most common sizes currently being Gordon acquired the spec building and additional
and, most importantly, follow up with prospective developed range from 50,000 to 100,000 square adjacent acreage and announced a $115 million
end users. Winning with a spec building can be a feet and most have at least 25’ clear heights. As capital investment and 400 well-paying jobs in
lengthy process and one that does entail costs; site selection consultant Mark Sweeney touted Dillon County.
however, the benefits and exposure a community on several occasions, “prepared communities
receives by having a spec building along with the win” and that is exactly the philosophy that NESA Prepared communities win and NESA is prepared.
activity it generates far outweighs those costs. has subscribed and deployed in the region. The Contact our business team today to Put Success
In fact, it is not uncommon for companies to visit NESA region currently has available speculative in Your Corner.
a spec building, decide that the building does not buildings, industrial parks, and sites that have
meet their needs for whatever reason, decide that completed the aforementioned engineering reports
they really like the community and its assets and and due diligence and are actively being marketed
then decide to build a facility in that community. for industrial users.
For these reasons, almost all of the NESA counties
are currently in some phase of spec building While spec buildings have resulted in several
wins for the region over the last several years,
one major success story happened in Dillon,
South Carolina. Dillon County, in conjunction
with Marlboro Electric Cooperative, constructed John Sweeney
a 50,000 SF speculative building near I-95 in a
newly developed industrial park that had recently N o r t h E a s ter n St rategic
completed the South Carolina Department of A llia n ce
Commerce’s industrial park certification program.
121 South Evander Drive
Because of its location near I-95 and the level of
due diligence that had been completed on the
Florence,
industrial park, the building immediately gained
traction and several companies that would not
S.C. 29505
have otherwise considered Dillon County began
visiting the area. One of the companies to visit Office: 843-661-1665
the building was Wyman Gordon, an aerospace
components manufacturing company. After several Fax: 843-661-1293
visits to Dillon, meetings with regional, local,
and state officials, workforce training partner

FDI ALLIANCE 65

GOVERNOR
BILL LEE

Welcome to

TENNESSEE

Tennessee is an East South Central state In the past, Tennessee’s economy was largely In Tennessee, we make world-class cars, guns
bordered by Kentucky to the north, North agricultural-based. Today, however, manufac- and guitars. We make batteries, refrigerators,
Carolina to the east, Mississippi and Alabama turing is more important to the state’s economy. savory snacks and legendary whiskey. While
to the south, and Missouri and Arkansas to the The Tennessee Valley Authority headquartered other states gave up on their manufacturing
west. in Knoxville, built hydroelectric and flood-control workforce a long time ago, we never stopped
dams in the state. The waterpower harnessed making products used all over the world.
The state, which lies between the Mississippi River by the Tennessee Valley Authority and provid-
on the west and the Appalachian Mountains on ed cheap electricity, which attracted many new In Ternnesse we have created an environment
the east, touches a total of eight other states. businesses to the area. unbound by state borders. No other state is
Almost two-fifths of Tennessee’s population lives more competitive in recruiting foreign direct
in the state’s countryside. Today the state is now more industrial than investment or in the exportation of products
agricultural. Most of the state’s residents work in globally.
Tennessee is made up of farmlands of hills and offices, stores, and factories. Service industries,
plateaus. The region has good transportation like wholesale and retail trade, play a very We have established resources that make
to and from other areas and has developed important role in its economy. Scientists conduct Tennesse accessible to any international market.
a more varied economy. Nashville, the state’s nuclear research at the Oak Ridge National
capital, is an important city in Middle Tennessee. Laboratory in Tennessee.

66 FDI ALLIANCE

FDI ALLIANCE 67

GOVERNOR
GREG ABBOTT

Welcome to

TEXAS

Texas is a West South Central state bordered by leading producer of oil, natural gas, and sulfur. With the United States. The state’s two largest airports,
Oklahoma to the north, Louisiana to the East, and solid economic growth last year including a torrid Dallas-Fort Worth International (DFW) and George
Mexico to the south. It is the second most populous 5.2 percent state GDP increase in the fourth quarter, Bush Intercontinental in Houston (IAH), are major
state in the United States. The only state that has more Texas is one of the leading economies in the United domestic and international hubs.
residents than Texas is California. States this year.
Texas has two intermodal facilities, Fort Worth’s Alliance
Texas has two intermodal facilities, Fort Worth’s Alliance Texas’ 382 airports, including 26 commercial airports, Airport and San Antonio’s Port San Antonio, integrate
Airport and San Antonio’s Port San Antonio, integrate make up the second-largest state airport system in high-capacity industrial airports, Class I rail terminals
high-capacity industrial airports, Class I rail terminals the United States. The state’s two largest airports, and direct interstate highway access. Texas is also
and direct interstate highway access. Texas is also Dallas-Fort Worth International (DFW) and George home to American Airlines and Southwest Airlines,
home to American Airlines and Southwest Airlines, Bush Intercontinental in Houston (IAH), are major two of the largest airlines in the world.
two of the largest airlines in the world. domestic and international hubs Texas is among the most ethnically and racially diverse
states in the nation. The number of languages spoken
Texas offers companies of all sizes and across all Texas prides itself on being a right-to-work state, and in Texas homes has grown to more than 160-and of
industries one of the best business climates in the will continue to make strategic investments to ensure the 26.9 million people in Texas, more than a third
nation, with a fair, transparent tax and regulatory it maintains our competitive advantage, allowing speak a language other than English at home.
structure designed for businesses to succeed. Texas businesses to prosper and grow.
is committed to maintaining its position as the best Behind Texas’ strong economy are 48 Fortune 500
state for business, and recently passed legislation Texas offers the best of city and country lifestyles and companies, including ExxonMobil, AT&T, Sysco
providing over $4 billion in tax relief for businesses. each city has something unique to offer. The state is and American Airlines, more than 1,400 foreign
Not to mention, Texas is home to one of the largest, home to hundreds of barbecue restaurants, wineries, companies such as Toyota, BAE Systems, Siemens and
most competitive deal-closing funds in the nation, the live music venues and museums, plus more than 90 Shell Oil and 2.4 million small businesses.
Texas Enterprise Fund. state parks, 191,000 miles of rivers and streams, 624
miles of coastline and more than 70 working ranches. The Lone Star State continues to attract businesses
Powered by nearly 50 Fortune 500 companies, The state is renowned for its sporting events, with top and workers from across the nation and around the
thousands of international and small businesses, college and professional teams including the Houston world to take advantage of its comparatively low
and a diverse, skilled workforce of 13.5 million, the Astros, San Antonio Spurs and Dallas Cowboys. cost of living and dynamic cultural and recreational
Texas economy is the 10th largest when compared Texas’ 382 airports, including 26 commercial airports, opportunities. There’s simply no place in the world
to the nations of the world. Texas is also the country’s make up the second-largest state airport system in that’s quite like Texas.

68 FDI ALLIANCE

FDI ALLIANCE 69

Located less than 30 miles northwest of Houston, the City of Tomball has emerged as a great place to live and work
by blending economic opportunity with small-town charm. An expanded transportation network, business-friendly
mentality, excellent education system, and exceptional quality of life make Tomball an ideal business location. Whether
you come for a visit or are considering relocating, it has never been easier to get to Tomball and there have never been
better reasons for sticking around. It’s time for you to find out why.

Improved Connectivity businesses and residents easy access to destinations The Business and Technology Park has proven
around the globe. David Wayne Hooks Memorial to have national and international reach, with
Tomball’s close proximity to Houston, one of
Airport, a regional airport located five miles from Canadian-based Packers Plus Energy Services and
America’s most diverse and fastest growing
Tomball’s Main Street, provides general aviation, French-based SUEZ Water and Technologies Solutions
metropolitan areas, gives companies the accessibility
chartered flights and fixed-based operator (FBO) operating in the Park.
needed to thrive. Due to a multitude of recent
services, as well as government and military flight
and ongoing transportation projects, numerous
operations. Packers Plus was the first company to purchase
companies have strategically migrated to northwest
property in the Tomball Business and Technology
Harris County, where Tomball emerges as a unique
Within an hour’s drive is one of the U.S.'s busiest Park, acquiring 17 acres in 2015. The company built a
business location and vibrant community.
seaports, the Port of Houston. With the 52-mile- 50,000-square-foot Rapid Tool Development facility
long Houston Ship Channel moving more than 247 in 2016 and future plans include a manufacturing
The recently expanded State Highway 249 (Tomball
million tons of cargo each year, the Port is a strategic facility and corporate office building. The SUEZ
Parkway) and newly completed State Highway 99
gateway for international trade. Ample truck and facility, which opened in October 2018, is one
(Grand Parkway) run directly through Tomball,
rail connections allow shippers to economically of the world’s largest research and development
putting major thoroughfares at the front door of
transport goods between the Port and inland points. analytical testing labs. The 45,000-square-foot
local companies. These highways provide access
Tomball is serviced by Burlington Northern Santa facility is home to 80 employees, including over 50
to downtown Houston and nearly every major
Fe (BNSF) Railway, allowing local business to move highly trained engineers, chemists, and technicians.
Houston-area connector, while reducing congestion
goods quickly and conveniently across foreign and
and shortening travel times to and from Tomball.
domestic markets. While the Business and Technology Park continues
to grow, prominent business facilities are not limited
Interstate 45 and Beltway 8, each just minutes from to the Park. The Baker Hughes Western Hemisphere
Tomball, help local companies service the Houston Thriving Business
Education Center is a notable site for visitors
area and access markets from Dallas to Galveston.
The benefits of the improved transportation entering Tomball from the east on Main Street. The
Several local and state roads are currently undergoing
infrastructure have resulted in a spike of companies cross-training facility, designed to train company
expansion projects, which will allow for increased
interested in Tomball. Tomball has uniquely employees from all product lines, primarily serves
capacity in and around Tomball.
positioned itself to meet this demand with the Baker Hughes’ North America and Latin America
master-planned and deed-restricted Tomball regions, as well as the Europe/Africa/Russia-Caspian
It is not just road transportation, however, that gives
Business and Technology Park. The 99.5-acre Park and Middle East/Asia-Pacific regions.
Tomball an advantage. George Bush Intercontinental
is fully served with all utilities, provides off-site
Airport, the 8th busiest airport in the United States,
detention, and is located less than 2 miles from Adjacent to Baker Hughes, BJ Services calls Tomball
is less than 30 minutes from Tomball, providing
the Grand Parkway. home to its corporate headquarters. BJ Services
70 FDI ALLIANCE

welcomes between 2,000 and 4,000 attendees
every Saturday to downtown Tomball. The Tomball
Farmers Market has also been a catalyst for making
Tomball a foodie destination.

Locally owned restaurants line the streets in the
heart of Tomball, with nearly every food genre
being represented. Of course, in Texas, barbecue
is king. Rated a Top 10 Texas Barbecue, newcomer
Tejas Chocolate & Barbecue is just one block off
Main Street and Rib Tickler on Tomball Parkway
remains a standard-bearer of quality barbecue in
the city. Yet, you can still find Tex-Mex, German
and comfort foods from all cultures.

The influx of food entrepreneurs, including Tomball
provides hydraulic fracturing and cementing services already drawing new residents to Tomball. These Mayor Gretchen Fagan who owns the 403 Eats food
to upstream oil and gas companies engaged in the two communities, and others like them, are helping truck park, has led the Tomball EDC to explore ways
exploration and production of North American oil to meet the demand of people aiming to get closer to help promote and support these entrepreneurs.
and natural gas resources. The nearly 150 year old to the amenities and major employment centers The Tomball EDC is currently exploring the idea of a
company is the largest North American-focused, in Tomball. local commercial kitchen. Through the development
pure-play pressure pumping services provider. of a commercial kitchen, local culinary entrepreneurs
Growth has been met with preparation by local would have a place where food can be prepared
In all, Tomball is home to over 1,500 businesses leadership and citizens. To meet present and future and stored outside of their home. This facility
and nearly 14,000 employees. needs of the Tomball Independent School District would then allow entrepreneurs to expand their
(Tomball ISD), voters approved a $275 million business and the reach of their products into
Appealing Incentives bond referendum in 2017. The bond will be used grocery stores, restaurants, etc. While still in the
to construct new schools, renovate facilities at exploratory phase, there is palpable excitement
Tomball is also home to very competitive incentive existing campuses, and add improved technology over this opportunity.
programs for companies interested in locating in in the highly-regarded Tomball ISD.
Tomball. The City of Tomball offers an attractive Uniquely Positioned
tax abatement program, while the State of Texas Along with Tomball ISD, the growing business
utilizes the Texas Enterprise Zone Program and the community has a great partner in Lone Star College- Tomball’s collective strength is at an all-time high.
Texas Enterprise Fund to invest in new business. Tomball (LSC-Tomball) to address increasing The city finds itself in a prosperous place, on the brink
workforce needs. LSC-Tomball is part of the Lone of a boon. Local leadership is determined to keep
Not to be outdone, the Tomball EDC assists with Star College system; the second largest community Tomball thriving, placing a priority on community,
funding infrastructure costs for eligible projects. college system in Texas. LSC-Tomball educates economic partnerships, and connectivity. With
The Tomball EDC also provides financial assistance thousands of students at three campuses, with an outstanding mix of transportation, business,
in the form of cash grants for projects that create degrees and certificates that directly translate education, and lifestyle, there has never been a
or retain jobs on a case-by-case basis. into the labor force. better time to locate in Tomball.

The Tomball EDC works to attract new business Charming Destination
and industry that will bring quality jobs and capital
investment to Tomball. Additionally, the organization With rooftops come retail, and Tomball is no
focuses on supporting existing businesses and exception. The exception, however, is that it’s not
working with partners to coordinate economic just any old retail. Mirroring neighboring Houston,
development efforts that will improve Tomball, the frequently named as America’s most diverse city,
region, and the state. The efforts of the Tomball EDC Tomball is a culture-rich hub for residents and
and its partners led to 158 new jobs, 163 retained visitors alike, with roots that go back to the early
jobs, 8 new project grants, and $24.1 million in 19th century.
capital investment for the most recent fiscal year.
Tomball plays host to nearly 20 annual festivals and
Growth Strategy parades, including the Tomball German Heritage Kelly Violette, CEcD
Festival and the Tomball German Christmas Market, Executive Director
As business growth continues on an upward trend, so which each welcome over 50,000 visitors every
too does residential growth. With new infrastructure year. The draw goes beyond parades and festivals, 29201 Quinn Road, Suite B
in place and strong population growth, residential as Tomball is a weekly destination for people
developers are heavily investing in the Tomball interested in arts, food and beverage, live music, Tomball, TX 77375
community. Tomball’s population currently sits and much more.
(281) 401-4086
at nearly 12,000, with that number expected to
reach 20,000 by 2030. The ever-growing Tomball Farmers Market has [email protected]
become a major regional draw for those looking
Brand new master-planned communities, like the to get their hands on healthy, locally sourced food.
Reserve at Spring Lakes and Raleigh Creek, are The weekly market, home to over 70 vendors,

FDI ALLIANCE 71

ACCESS

Port Freeport is a 400 foot wide

and 45 foot deep channeled port

that is expanding and continues

to deepen the port’s water ways.

INCENTIVES

▪ Property Tax Abatements,

▪ 380 Program

▪ Foreign Trade Zone 149

▪ Opportunity Zoned Area

▪ Skilled Employee Grants

▪ Economic

INDUSTRY

▪ DOW Chemical Company RETAIL/ HOUSING & Courtland Holman
QUALITY OF LIFE
Executive Director
▪ BASF If you like Fishing, Sailing, Hunting, Freeport Economic Development
Bird Watching, Nature Corporation
▪ Phillips 66, Hikes, and Golfing then we know

you will want to Be In City of Freeport
▪ Port Freeport Freeport Texas. Phone 979-871-0117 direct
[email protected]
▪ Freeport LNG If you are looking to develop your
next Housing, Retail or www.freeport.tx.us
▪ Turner Industries Industrial Development I
encourage you to explore the City Tim Kelty
▪ Olin, Fluor, Shintech Inc of Freeport City Manager

▪ ICS City of Freeport
Phone: 979-233-3526
▪ Vernor Materials & Equipment [email protected]
www.freeport.tx.us

72 FDI ALLIANCE

Brazosport College has four-year degree programs
in Industrial Management and Health Services
Management as well as two-year degree and
certificate options in a variety of career fields to
support our industries. By working with Workforce
Development, businesses that need their workforce
trained can partner with them to train or re-train
their workforce at little or no cost. This is one of
many incentives that the State of Texas provides
our businesses.
Within a few minutes’ drive from the center of Thousands of highly qualified employees either
Expanding your business can be risky. The State
Freeport are over 27 separate industrial facilities, commute to Freeport’s industrial complex from
of Texas and the City of Freeport does not want
many of which employ over 1000 direct employees the southside of the Houston MSA or live locally;
to see a business fail, with the goal of supporting
such as DOW Chemical Company, Wood Group, thus City’s daytime population mushrooms to well
local business that will remain strong for decades
Olin Corporation, Flour, and many others. These over 75,000 people within 5 miles from downtown
the City has a vested interest in the success in each
same companies have continuously employed Freeport. This is boon for Freeport’s Local retailers
and every company. Opening a new business can
thousands of non-direct employees to build their and restaurants, as they take advantage of the
be costly. The State of Texas, Brazoria County, and
plants and processes. These businesses rely on a success and expansion of the manufacturing base.
City of Freeport have many incentives that can help
stable and reliable workforce. Freeport has many highways, roadways, and rail
offset those risks. A list of those incentives on the
Freeport and the surrounding communities continue crossing through the community meeting the
Freeport Economic Development Corporation’s
to attract industrial development much of which is demand to transport products by both truck as well
web site.
related to the chemical industries. Due to its success as rail. Union Pacific, the local rail served yard, has
in attracting and retaining the current industries many spurs to nearby industrial and manufacturing
the city is now seeing and actively seeking other locations. Access to rail is convenient and provides
types industrial and technological corporations to direct access to a quality rail service provider for the
diversify its job base. transport their product throughout North America.
To that end, Port Freeport is deepening it channel Our industries and businesses require proven highly
to 56 feet and 52 feet that will allow larger Panamax qualified employees. As a county, the business
ships that travel from Asian Markets through the community and cities have partnered with our
Panama Canal to access their facilities. Freeport’s local school system and with Brazosport College Courtland Holman
location, within the Gulf of Mexico, is one of the to train those coming out of High School so when
deepest areas which makes access to the port they graduate our industry leaders know that the Executive Director
possible. The Port Freeport is rapidly expanding investment they have made in our school districts
Freeport Economic Development Corporation
to take advantage of the new market and has have paid off, allowing them to hire qualified as
recently added a Master Planned 288-acre rail well as quality employees to fill their employment Phone: 979-233-3526
served logistic park that is shovel-ready with soil needs. The Brazosport Independent School District [email protected]
stabilized and rail installed. is one of the best schools in Texas receiving 31
www.freeportedc.com
distinctions from the Texas Education Agency,
As the industrial base grows within Freeport and the proof that we are developing young minds into a
surrounding area so too does the local workforce. robust future local workforce.

FDI ALLIANCE 73

We are excited to become the location for your next business enterprise! Our logistical opportunities will make warehousing and transportation swift and
easy. Seymour’s land incentives are second to none in comparison with the prime prices offered locally through private land owners. Our labor force is
ready to begin working for you and our housing market is open for Seymour to become the community your employees call home. The Seymour Hospital
healthcare facilities and Seymour Independent School District are ready to take care of your employees and their families through health and education.
Our quality of life is brimming with parks, outdoor recreational opportunities, and community endeavors. Seymour, Texas eagerly awaits your business
opportunities. “See More” in your future with us in Seymour Texas.

Housing Market Accessibility services available locally, your employees will be
Seymour has a wide variety of housing options healthy and happy in Seymour.
ranging from cul-de-sac additions to available land
for new builds. Most single family housing ranges Never leave town again to get what you need because
from $45K to $75K, with much larger housing Seymour offers a fantastic newly opened United
options from $100K to $500K. Seymour has many Supermarket as well as one of the largest Dollar
contractors, remodelers, and service companies General Stores in the state! Fresh produce, a large
that can help make your new house in Seymour a selection of healthy food choices, interesting and
home. The City of Seymour will also entertain the new options, and prices that are affordable makes
possible coordination of apartment contractors in for healthy and happy families and employees.
conjunction with your new business. Seymour also Seymour also has their own butcher/meat services
has a healthy renters market that will help facilitate where you can purchase grass fed beef or select a
employee community transitions. wide selection of other options with Baycos Meat
Processing. Local shopping is available through
Health, Education, & Necessities boutiques, antique shops and a fine jewelry store.
Seymour, Texas is a vibrant community with a state Seymour also has a wide array of service related
recognized hospital system and two school campuses. businesses ranging from dry cleaning to automotive
The Seymour Hospital provides care through their repair, plumbing, electrical, and HVAC services
central facility providing services in Rehabilitation, with local contractors available for remodeling.
Pulmonary Rehabilitation, Obstetrics, Urgent Care, The Seymour Independent School District
Physical Therapy, Surgery and an Allergy Clinic offers PreK through 12th grade education with
in addition to the Seymour Rural Health Clinic, appropriately sized classrooms and up-to-date
Seymour Fitness Center, Seymour Home Health technology. Recently, the district has turfed the
Care, Seymour/Baylor Co. E.M.S., Randal Wellness football field and built a new Auditorium. The music
Center, , and the Seymour Pharmacy. We also have program in Seymour has experienced an explosion
the recent addition of a visiting Ophthalmologist. of talented students as we see more of our young
Other visiting doctors cover Urology, Cardiology, graduates receive college music scholarships than
and Orthopedic Surgery. The on-site medical ever before. Vocational CNA Classes offer students
professionals include Family Medicine, Women’s a boost into the medical field of their choice and all
Health, OBGYN, Pediatrician, Emergency Medicine, of our young students have secondary educational
and General Surgery. With all of these healthcare options available to help advance their college

74 FDI ALLIANCE

9,000 vehicles will help insure your trucks aren’t
fighting for road space, allowing you to easily
transport in all directions without the hassle of heavy
traffic. Interior intersections are accommodating
and FM 422 provides a recently widened road,
making connections to US HWY 277, US HWY 82
and the Seymour Industrial Park.

Land Incentives
The Seymour Industrial Park is governed by the
Seymour Community Development Corporation, a
local non-profit, and has incentive packages available
with options ranging from free land, low-interest
rate loans, and comparable land leases for your
new business. Other incentives can be entertained
careers. Seymour ISD has chosen to participate is also a large recreational activity within the 900 as well and are employee, capital investment, and
as a District of Innovation and will offer more square mile county. Game includes doves, ducks, longevity based. The Seymour Industrial Park is
vocational classes in the near future. geese, white-tailed deer, javelina, wild hogs, and located along US Hwy 277 with frontage road
various other animals. options, within the corporate limits of the City of
Quality of Life Seymour. Enjoy city infrastructure as well as fire
Enjoy the outdoors in our 26 acre City Park that Location is everything! and police protection.
includes an 18-hole disc golf course, walking track, Located in North Central Texas, Seymour is Labor Force
abundant playground equipment, dog stations, an perfectly situated to be your prime business location
olympic-sized City Pool, and is home to Seymour destination poised to meet your shipping/receiving, Seymour offers a large blue collar work force that is
Creek and rentable activity locations. The Seymour logistical, transportation and warehouse distribution ready, willing, and able to work for you. A lower cost
Sound Garden offers a new kind of experience needs. Seymour is a primary hub with a network of living will allow your company to offer competitive
through the availability of outdoor musical equipment of five major highways converging on Seymour’s wages without breaking the bank. 25% of our high
including lateral xylophones, a set of 8 ft. high roadway system, allowing your product to connect school seniors enter the workforce immediately and
chimes, one vertical xylophone, and hand drums. with your customers quickly and efficiently. The we have a growing group of young professionals
Located just across the street from the Sound Texas Department of Transportation has invested who are seriously looking to Seymour as a place to
Garden is the nationally recognized Whiteside heavily in the regions infrastructure by making raise their family because of our safe community.
Museum of Natural History, showcasing local significant improvements from both a safety and Surrounding populations within a 35 mile radius
dinosaur discoveries that occur on a daily basis efficiency perspective, clearly indicating that the are also available to provide an additional labor
in our famous Texas Redbeds. Patrons of the State of Texas as a whole sees significant value force if needed.
Whiteside Museum and community members alike in Seymour. Within easy reach of Seymour’s 600
enjoy this interesting downtown location. The Salt mile radius, your business can access nine other We “Seymour” with you!
Fork River Estates Golf Complex offers a 9-hole states and Mexico in a single transportation day. We are looking ahead to the future with the
professionally designed course that is maintained by Additionally, during peak periods when traffic anticipation of growth. Because Seymour is clean,
the City of Seymour. Also, located on the premises congestion can negatively impact shipping efficiency, and offers extensive healthcare and educational
is a meeting hall, an outdoor venue area, kitchen, Seymour boasts a manageable Average Daily Traffic options, our community is an attractive location
tennis courts, and ample parking. Count which will ensure your product will be moved for families to live and work. Our business park
expeditiously and safely. Seymour is ready for offers fantastic expansion opportunities and our
The City Hall Cinema and the Whiteside Center of you to make us your new business location with hassle free approach to new construction will
the Performing Arts are housed on the second floor land incentives in the Seymour Industrial Park, make your transition to us smooth and simple. It’s
in our beautifully restored 1924 auditorium located conveniently located within city limits and with time to visit Seymour TX and take a good look at
inside Seymour City Hall. Here, the community comes frontage road options along US HWY 277 as well. what could be your new home. We are ready to
together to watch free movies on the second and “Seymour” with you!
fourth weekend of every month. Stage performances Efficient Transportation
that include theater, musical events, magic and local Five major highways are located conveniently in the
talent shows are also available. Located across immediate region with US HWY 277 connecting
the street from the Whiteside Museum of Natural directly to I-10 and I-20 in Texas and I-35, I-40 and
History, the cinema also provides educational I-44 in Oklahoma. US HWY 183 will connect you
movies in conjunction with school tours. to South Dakota via Austin, Texas and US HWY
283 connects Texas to Kansas. These two major
Seymour Texas is located in Baylor County and has 2 roadways have junctions with interstates I-10, I-20,
lakes within a short twenty minute drive. Lake Kemp I-35, I-40, I-70, I-80, and I-90. US HWY 82’s New
has a surface area of 15,000+ acres located on the Mexico to Georgia route has 11 interstate junctions
largest ranch under one fence line, the Waggnor across the southern United States. State HWY 114
Ranch. There are 3 access points and cabins are can move your product efficiently from the Dallas/
available for purchase with a land leases. Millers Fort Worth Metroplex area into West Texas and
Creek Reservoir has a surface area of 2000+ acres New Mexico with two major interstate junctions.
and is open to the public year round with primitive In addition to our well-maintained highways,
camping, a boat ramp, and ample parking. Hunting Seymour’s average daily traffic counts of 6,000 to

FDI ALLIANCE 75

The Top 5 Reasons to Move Your Business 3. Big City Offers in a Small Town Way 5. High Speed Internet & Dependable
to Seymour Seymour offers two fitness centers & CrossFit, Utilities Available
14 eateries, United Super Market & Deli, Dollar More than a need nowadays, High Speed Internet
1. Small Town Life & Big Opportunities General, Hospital & Clinic, hardware store, floral is a requirement and is available to you in Seymour
We know each other, we take care of each other - shop, local meat market, 4 gas stations, and a large through Santa Rosa Telephone Cooperative and
that’s what small town life is really about. Families selection of locally-owned of service businesses others suppliers. Don’t worry about losing the
feel safe in our community and raise their children including dry cleaning and investments. The comforts of the city when we have what you need
in a place that values hard work and dedication, all Whiteside Natural History Museum is a world right here. Having a local office for you internet
while attending a safe school district. Your employees renowned paleological establishment that focus is important when you have to be up and running
will be happy for the opportunity to live small in a primarily on the Permian era predinosuars that 24/7. The City of Seymour provides the majority
very big way. Annual events throughout the year called our rich Texas Red Beds home millions of of your utilities as well. As a Municipally Owned
encourage the community to come together and have years ago. Across the street, the City of Seymour Utility, you can be assured that your business will
fun. Our annual Wild Pig Pedal bicycle race, 4th of the Seymour Sound Garden, a public installation that be taken care of with dependable, on-site electrical
July Celebration, Seymour Rodeo, BIBC Motorcycle encourages sensory stimulation through music and crews, trained water/sewer employees, top-notch
& Music Festival, Cruisin’ The Brazos Car Show, and gardening. Just next door, housed on the 2nd floor facilities, and fast turn around during emergencies.
annual Whiteside Museum of Natural History event of city hall, is the City Hall Cinema, a community Our local volunteer fire department is well funded
coupled with local sporting opportunities for youth theater and cinema offering free entertainment in with 30 seasoned and committed firemen.
and our avid hunting opportunities, Seymour boasts the 1924 restored auditorium.
a healthy selection of recreational options. Also,
the recently renovated Salt Fork River Estates Golf 4. Safe School District with High
Complex, offers a 9-hole professionally designed Standards
course, swimming pool, dancefloors, banquet hall, Seymour has 2 campuses housing Pre-k thru 4th
fishing, and many other amenities. at the Elementary Campus, 5th thru 8th and 9th
2. Housing Market Accessible thru 12th at the Middle/Jr. High/High School
Campus location. The new $4M Auditorium and
Home ownership is simple in Seymour with most
the “campus on the hill” offers both baseball & Lauren Bush
homes averaging at or below $150K for a large family
softball fields, football/track complex, basketball
home and we have 3 local banking establishments
courts and expansive tennis courts. The high school Economic Development Director
that can help finance your employees’ dream of
music program has seen immense success in the
home ownership. Attracting young, well-educated
last decade and continues to grow and produce City of Seymour Texas
employees is easy when they can afford the housing
talented musicians. Academically, Seymour ISD
they need to plant roots and grow a family while
ranks high with vocational programming as well Office: 940-889-3148
being able to manage their student loan debt easily.
as college prep courses. At our schools, you child
The housing market itself is a business in Seymour
has the opportunity to experience many aspects Email: [email protected]
Texas with many residents choosing to purchase
of extra-curricular activities that prove to more
locations as investment properties. That means
difficult to participate in for larger campuses.
moving to Seymour is easy for employees as we
have a very healthy rental market.
76 FDI ALLIANCE

FDI ALLIANCE 77

The City of Dayton is a fast growing city with a ETJ we have a population of 45,000 and growing. workforce to your business. If you are seeking a great
big future. Located just 30 miles east of the larger If we extrapolate the new homes in development location for your business that has the workforce
Houston’s metropolitan area on Highway 90, Dayton stages to 3 persons per household we estimate to support your business and the infrastructure at
is a friendly inclusive community, a great place to about 87,000 new people that will be residing within or nearby your desired location I highly recommend
live, work, and play - a place where families and the city and our ETJ when this current portfolio you check out Dayton Texas.
businesses can grow and prosper. of housing are built and occupied in the coming
years. These new residents to our community will
Six years ago Dayton was about 13 square miles, be seeking high paying living wage jobs both locally
within its city limits. Today we are about 32 square and MSA wide. Can Dayton support this – YES.
miles and growing. So when we say we are a fast
growing community we mean it. As to the WHY Dayton is increasingly attracting industrial,
Dayton is a fast growing community is because manufacturing, and warehouses on about 13,000
of our location and jobs. The Houston MSA is acres in our industrial corridor some of which is
Ann Marie Miller, CEcD
an economically diverse 10 county metropolitan dual rail served with two class “A” rail companies
area in which we reside. Dayton is located at along major four lane highways. Within a 30 or 40
Executive Director
the intersection of 5 major roadways with the mile drive from Dayton our educational services
intersection being in our downtown. On top of this include Rice University and the University of Dayton Community Development
is the Grand Parkway (State Route 99) which is the Houston, as well as other four year colleges. Our
third loop around Houston is under construction Junior/Technical Colleges include Lee College, Lone Corporation 801 S.Cleveland Suite B
and will be completed with an anticipated opening Star College, and San Jacinto College. The City of
Dayton, TX 77535
date of February 2022. Dayton and Lee College have partnered with others
to open a local campus in Liberty County in order
Phone: 936-320-2277
New housing is under various stages of development to train local high quality and technical workforce.
and is currently estimated to be about 29,000 new www.daytontx.com
homes within our City limits and Extra Territorial Within 35 mile of Dayton the MSA has over 2.5
Jurisdiction. Currently within our City limits and Million people to draw about 314,222 quality

78 FDI ALLIANCE

Credits on business projects. Tax abatements, land,
and infrastructure assistance can be a component
to new business discussions.

It is an exciting time in Jacksboro with the city’s
residents, administrators, infrastructure and
overall vision primed for growth. The Jacksboro
Economic Development Corporation is a willing
partner for expanding business, assisting a new
entrepreneurial start-up, or bringing a new business
to the community. Job creation is our goal, and
we are ready to listen to your ideas and proposals
and partner with you for a successful relationship.

Texas and Jacksboro offer a variety of tax incentives funding for companies and communities with
and innovative solutions for businesses expanding expansion and relocation projects. Asset-based loans
or relocating. These incentives should never start for companies, leveraged loans to communities and
a conversation. Incentives are to help finalize and tax-exempt bonds are just a few means of obtaining
complete an expansion or relocation. As an economic the capital necessary for a successful project. Lynda Pack PCED, BREP
developer in a community with an excellent location Executive Director
in Texas and with an abundantly rich quality of The Texas Product Development & Small Business
life, I look for businesses that will thrive if they Incubator Fund (PDSBI) is a revolving loan program. Jacksboro Economic Development
choose to do business in Jacksboro, and I hope The primary objective of the program is to aid in the
that’s the reason they are looking at us – to thrive development, production, and commercialization Corporation (JEDC)
and compete, not get the best incentives. All the of new or improved products and to foster and
incentives in the state will not make sense if the stimulate small business. Other opportunities Location: 302 South Main
location is not a good fit for the business. The include The State of Texas Industrial Revenue
Jacksboro Economic Development Corporation Bond Program (IRB); Certified Capital Company Business Park Location: 1025 State
looks for a good partnership, a good fit for our (CAPCO); and The Capital Access Program.
community, and for a business that wants to be here.
That’s why incentives never open a conversation. Several types of grants are available for projects Hwy 59
in Texas and more specifically for Jacksboro.
At the state level several tax incentive opportunities Texas Enterprise Fund (TEF); Skills Development City: Jacksboro, Texas 76458
may be available to a qualified business. There Fund; Self-Sufficiency Fund administered by the
are Manufacturing Exemptions, Value Limitation Texas Workforce Commission; Texas Capital Fund Work: (940) 567-3151
& Tax Credits, Pollution Control Equipment Infrastructure Development and Real Estate
Incentive, Renewable Energy Incentives, Research Programs (INFRA/RE) would be among the Cell: (940) 229-9881
& Development Tax Credit, Freeport Exemptions, opportunities for Jacksboro to assist a new business.
Data Center Tax Incentives, and Business Relocation Email: [email protected]
Tax Deduction. Our community works with the state Jacksboro has a Property Enhancement Matching
in identifying the businesses best suited for these. Grant to offer to existing or expanding businesses.
Texas is committed to providing and facilitating We also are a community eligible for New Market Tax

FDI ALLIANCE 79

Utah – Crossroads of the World

Touted as the crossroads of the west, Utah The Legislature has poured billions of Clustered just south of Salt Lake City, the
is poised to play an even larger role in the dollars into expanding and maintaining “Silicon Slopes” tech sector houses Adobe,
global economy. In addition to the state’s transportation Infrastructure. Frontrunner is Microsoft, eBay and many other innovative
quality workforce and diverse economy, its a commuter rail service that runs 80 miles companies. The low cost of doing business
investment in infrastructure is setting the along the Wasatch Front population corridor. and a high-quality workforce continues to
groundwork for a new accolade: Utah – And TRAX is a light rail system that reaches attract global companies to the area. With
crossroads of the world. throughout the Salt Lake Valley carrying so many tech companies coming to Utah,
thousands of passengers daily. it has been ranked second in the nation in
COMMITMENT TO INFRASTRUCTURE fastest-growing states for tech jobs at an
THRIVING INDUSTRIES increase of 5.75 percent.
As the only new major airport hub built in
the United States in the 21st century, the Salt Reports have listed Utah’s economy as Utah is also one of the top states in the nation
Lake City international airport is undergoing a the most diverse in America. Some of the for aerospace and defense employment
$3.6 billion redevelopment project. Servicing industries recognized for promoting this and has high employee concentrations of
more than 24 million visitors each year, the diversity and generating high-paying jobs aerospace engineers, materials scientists,
airport is currently Delta Airlines’ fourth in the state are software and IT, aerospace machine operators and many other
largest hub in the United States and traffic is and defense and outdoor recreation. aerospace related occupations. This is why
continuing to grow. The new airport will offer In recent years, Utah’s burgeoning tech companies like Boeing, Northrop Grumman
more international and direct flights in and sector has gained international attention. Innovation Systems, L-3 Communications
out of Salt Lake. Additionally, the increased
access to the state will open new business
opportunities in new markets overseas and
better position Utah as an international
business destination.

Northeast of the airport is another monumental
project. Utilizing the state’s rail lines and
major interstates, a new Global Trade Port
will facilitate the movement of international-
bound products. This inland port will offer
services offered by traditional coastal ports
such as customs clearance and make it easier
than ever to move products and materials
in and out of the state. Anticipation of the
project is high as state officials say the port
will be the “largest economic engine” ever
assembled.
Commuters in Utah also benefit from the
state’s willingness to invest in infrastructure.

80 FDI ALLIANCE

and others chose to operate here. Utah is rate of 9 cents per kilowatt hour, Utah’s CHOOSE UTAH
also home to Hill Air Force Base, the Air dynamic energy economy boasts one of
Force’s second largest base by population the most affordable and attractive energy CEO Magazine recently named Utah’s
and geographical size. rates in the country. workforce the best in America. Utah is the
youngest state in the country with a median
In addition to making Utah a great place to FDI EFFORTS age of 30 years. In addition, Utah is the most
live, the state’s impressive natural landscapes bilingual state in America. Its residents speak
attract and cultivate the best in the outdoor Utah is committed to economic development more than 130 languages, and many are
industry. Known as the place to be for outdoor and has dedicated agencies in place to help culturally fluent, having lived in countries
products, over 200 leading outdoor products fulfill this mission. The Utah Governor’s all across the globe.
companies reside here. Office of Economic Development focuses
their efforts on providing rich business The U.S. Chamber of Commerce, in its
Finally, the most fundamental reason for resources for the creation, growth and report on enterprising states, mentioned
Utah’s economic success is the business- recruitment of companies to Utah. Another that the spirit of collaboration was found
friendly climate encouraged by state and resource dedicated to promoting economic in greater abundance in Utah than in any
local government leaders. Utah has among prosperity is World Trade Center Utah who other state. We welcome the opportunity to
the lowest tax rates in the country and strives leads business delegations abroad, hosts strengthen our connections and invite you
to keep business regulations to a minimum. foreign dignitaries and works to establish to see all that Utah has to offer.
The low cost of doing business in Utah is meaningful connections with potential
another reason for success. With an average customers and partners.

Utah government agencies are committed to
providing top-notch services while maximizing
existing resources. One of the key purposes
of my office, The Utah Governor’s Office of
Management and Budget, is to work with state
agencies to help them achieve operational
excellence. In 2012 we created and began
implementing the SUCCESS Framework, a
management approach based on the Theory of
Constraints. The SUCCESS Framework helped
Utah state government improve performance
by more than 27 percent in four years These
operational improvements have saved taxpay-
ers millions of dollars and produced better out-
comes for customers.

The focus on quality improvement in state gov-
ernment is a proactive move to help Utah meet
the growing demand for services in a fiscally re-
sponsible way. We take the same proactive ap-
proach to policy in Utah. Instead of resting on
our laurels, we are focused on continually im-
» Utah is a beautiful state with more than its fair proving infrastructure, managing the states’ wa-
ter supply, investing in education to prepare the
share of resources. Business is booming thanks workforce of tomorrow and leveraging land use
to a focus on reasonable and predictable to provide more employment and recreation
business regulations, a qualified workforce, low opportunities close to housing that is affordable.
and stable tax rates, a AAA bond rating from These are just a few of the items that are part
all three rating agencies and premier market of Governor Herbert’s Life Elevated 2020 Initia-
access. As our state continues to grow, we are tive, a collaborative, statewide growth strategy.
focused on forward-looking policies that will
help us maintain our unparalleled quality of life Both the private and public sector are involved
for decades to come. in discussions about the state’s economy, be-
Message from In 2018, “Rich States, Poor States” ranked Utah cause collaboration is a key ingredient in the
Kristen Cox number one in the U.S for its economic outlook. secret sauce of Utah’s success. Companies are
the heart of Utah’s economic engine, and our
Executive Director of the Utah Even with exciting rankings like these, we know goal is to help businesses of all sizes be success-
the work is never done. This is a motto we apply
ful. If you are looking for a place to locate your
Governor’s Office of Management to Utah government. We are constantly looking business, Utah is ready to welcome you with
and Budget for ways we can be even better stewards of pub- open arms.
lic funds.

FDI ALLIANCE 81

LAKEWOOD, WASHINGTON Before Lakewood was Lakewood, locals knew
RICH IN HISTORY

RICH IN HISTORY AND OPPORTUNITY it as “The Prairie” because of its vast open fields.
Steilacoom and Nisqually Indians used the prairie
as a ready source of food and held gatherings
before white hunters, trappers and settlers moved
in. Located midway between the Columbia River
and the city of Vancouver, B.C., this prairie land
was chosen by the British in 1833 as the site of Fort
Nisqually, one of the fur trading post operated by
the Hudson’s Bay Company.

Settlers soon set up farming in the area. One of
these farms, now the site of state-owned Western
State Hospital, was leased by the U.S. Army in
1849 to serve as a military post following an Indian
attack on Fort Nisqually. The new fort, called Fort
Steilacoom, was used to quell Indian uprisings.

Many Army lieutenants and captains who made Panattoni Development Company, Inc. was named one of the economic development Board
names for themselves during the Civil War came of Tacoma-Pierce County’s “Execellent 10” for its 467,000-square-foot spec building in the
to Fort Steilacoom, including Gen. George B. Woodbrook Business Park. Lakewood city manager John Caulfield (far-right) presents the award
McClellan, Confederate Gen. George E. Pickett, to Panattoni development team from (left to right): Brian Mattson, Development Manager, Travis
Union Gen. Philip H. Sheridan and Union Gen. Hale, Partner and Bart Brynestad, Partner.
Ulysses S. Grant, who later became President.
During the late 1800’s homes and roads took over Another site dating to Lakewood’s early days is was built. The mile-long wooden track circled
the prairie. Indians and settlers were learning to live Lakewold Gardens and the Wagner Home located the open prairie and drew racing greats, such
together, sometimes holding joint celebrations in on Gravelly Lake. The home and surrounding as Barney Oldfield, Louis Chevrolet and Eddie
Diverse in culture, strong in leadership and rich in history, Lakewood, Washington is a community beaming with nature and abundant opportunity. the summertime on the natural picnic grounds gardens are a national attraction that are open for Rickenbacker.
Lakewood truly is and up-and-coming hidden gem in the Puget Sound region of Washington state, with target areas for development and significant of The Prairie. Contests of horseback riding often tours and events.
investment opportunity. accompanied a traditional Native American By 1923 the Oakes Pavilion on Lake Steilacoom
salmon bake. In its early days Lakewood was known as a opened offering more public amenities like
Adjacent to major transportation networks with close connections to Seattle to the north, the ports of Tacoma and Seattle and military installations, weekend destination for Seattle elite. The Tacoma boating, bathing and picnic grounds. In 1917 the
Lakewood is the second-largest city in Pierce County. Incorporated in 1996, Lakewood is home to 60,000 residents and 5,000 businesses and is Stately homes were built along the shorelines of Country and Golf Club was built in 1894 to further military built Camp Lewis on land donated to the
the host community to Joint Base Lewis-McChord, the largest joint military base on the West Coast and one of the largest in the United States. The the lakes, the most impressive being Thornewood attract the rich and famous. At the time, the club federal government by Pierce County. McChord
city is 19 square miles with 2 miles of beautiful lakes and 14 parks. Castle on American Lake. Now renovated into a was the first golf club built west of the Mississippi. Field, now part of Joint Base Lewis-McChord,
spectacular bed and breakfast and event venue, It featured trolley transportation from neighboring was developed from the old County Air Field in
the mansion was once considered one of the city of Tacoma to Lakewood. 1938. In later years Camp Lewis and McChord Air
most beautiful estates and gardens in the nation. In the early 1900’s, the famed Tacoma Speedway Force Base merged to become Joint Base Lewis-
INTERNATIONAL DISTRICT million square feet are planned. The park will meet Park, an outdoor amphitheater. The park is home to McChord. The installation remains a prominent
the high demand for industrial space in our region. many great events including our annual Lakewood player in the local and state economies today and
Lakewood has a thriving International District that is Woodbrook, like the rest of the city, is included in SummerFEST which drew 42,000 visitors in 2018.
predominantly Korean, yet boasts multiple cultures. foreign trade zone No. 86 which allows for free The city hosts numerous, family-friendly events borders Lakewood to the east and south.
Visitors come from outside the state to attend our trade within the zone – one of the many incentives at Fort Steilacoom, including our fall Truck and
annual International Festival and film festival, to for locating to the area. Tractor Day and our summer concert series at the As the area grew, other amenities were added,
shop at our one-of-a-kind markets and enjoy pavilion. In 2019 we look forward to hosting the including a regional hospital and two colleges
authentic cuisine from around the world. Lakewood industrial lands total 800 acres, US Cyclocross National Championships, which – Clover Park Technical College which recently
celebrated its 75th anniversary and Pierce College
including the Lakewood Industrial Park (LIP) with is expected to draw up to 10,000 spectators and which was named in 2018 as one of 10 finalists
BUILDING A DOWNTOWN 150 acres and 2.5 Million square feet of leasable competitors from around the country. And of for the national 2019 Aspen Prize for Community
Lakewood does not have a true downtown, but space. LIP employs more than 1,600 people and course, water sports on the lakes and fishing are College Excellence by the prestigious Aspen
the city recently completed a Downtown Subarea is the fourth largest for-profit employer in Pierce also regional draws. Institute.
Plan with the goal to create a rich, urban central County.
gathering place with civic amenities, walkable INCENTIVES AND OPPORTUNITIES
streets and a mix of uses including housing, LIVING IN LAKEWOOD Lakewood was recently granted three Opportunity
entertainment, restaurants and retail. The new Whether you are looking for affordable, or high- Zones, a federal government designation to entice Becky Newton, EDFP
Downtown will include a central park, green street end lakeside living, there is a home for everyone long-term investment in depressed areas. Want to
loop, and festival street to host outdoor farmers in Lakewood. Our mature neighborhoods are build multifamily projects? There are parts of the Economic Development Manager
markets, concerts and serve as a backdrop to café filled with native Douglas fir and oak trees, offering city that offer a multifamily tax exemption for eight
patios and other specialty shops. City of Lakewood
beautiful and quiet settings that make you feel like or 12 years, depending on the project scope. HUB 6000 Main street Sw | Lakewood
you’re away from it all. Yet, shopping, entertainment Zone, New Market Tax Credit areas, and EB5-
WOODBROOK BUSINESS PARK WA 98499
and restaurants are only minutes – or walking eligible areas are all available in Lakewood. Land
Currently under development is a 160-acre distance – away. A favorite Lakewood destination prices are relatively low compared to neighboring PH: 253.983. 7738 | FX: 253.589. 3774
industrial business park. A 467,000-square- for locals and visitors alike is Fort Steilacoom Park cities, and while Lakewood is essentially built out,
foot spec building was permitted and built last with its hiking trails, award-winning dog park, ball there are still tracts available and multiple areas CELL: 253.254. 1204
year and is already fully leased. Another 1.2 fields, historic barns and our new Pavilion in the ripe for redevelopment.

82 FDI ALLIANCE

RICH IN HISTORY
Before Lakewood was Lakewood, locals knew
it as “The Prairie” because of its vast open fields.
Steilacoom and Nisqually Indians used the prairie
as a ready source of food and held gatherings
before white hunters, trappers and settlers moved
in. Located midway between the Columbia River
and the city of Vancouver, B.C., this prairie land
was chosen by the British in 1833 as the site of Fort
Nisqually, one of the fur trading post operated by
the Hudson’s Bay Company.

Settlers soon set up farming in the area. One of
these farms, now the site of state-owned Western
State Hospital, was leased by the U.S. Army in
1849 to serve as a military post following an Indian
attack on Fort Nisqually. The new fort, called Fort
Steilacoom, was used to quell Indian uprisings.

Many Army lieutenants and captains who made Panattoni Development Company, Inc. was named one of the economic development Board
names for themselves during the Civil War came of Tacoma-Pierce County’s “Execellent 10” for its 467,000-square-foot spec building in the
to Fort Steilacoom, including Gen. George B. Woodbrook Business Park. Lakewood city manager John Caulfield (far-right) presents the award
McClellan, Confederate Gen. George E. Pickett, to Panattoni development team from (left to right): Brian Mattson, Development Manager, Travis
Union Gen. Philip H. Sheridan and Union Gen. Hale, Partner and Bart Brynestad, Partner.
Ulysses S. Grant, who later became President.
During the late 1800’s homes and roads took over Another site dating to Lakewood’s early days is was built. The mile-long wooden track circled
the prairie. Indians and settlers were learning to live Lakewold Gardens and the Wagner Home located the open prairie and drew racing greats, such
together, sometimes holding joint celebrations in on Gravelly Lake. The home and surrounding as Barney Oldfield, Louis Chevrolet and Eddie
the summertime on the natural picnic grounds gardens are a national attraction that are open for Rickenbacker.
of The Prairie. Contests of horseback riding often tours and events.
accompanied a traditional Native American By 1923 the Oakes Pavilion on Lake Steilacoom
salmon bake. In its early days Lakewood was known as a opened offering more public amenities like
weekend destination for Seattle elite. The Tacoma boating, bathing and picnic grounds. In 1917 the
Stately homes were built along the shorelines of Country and Golf Club was built in 1894 to further military built Camp Lewis on land donated to the
the lakes, the most impressive being Thornewood attract the rich and famous. At the time, the club federal government by Pierce County. McChord
Castle on American Lake. Now renovated into a was the first golf club built west of the Mississippi. Field, now part of Joint Base Lewis-McChord,
spectacular bed and breakfast and event venue, It featured trolley transportation from neighboring was developed from the old County Air Field in
the mansion was once considered one of the city of Tacoma to Lakewood. 1938. In later years Camp Lewis and McChord Air
most beautiful estates and gardens in the nation. In the early 1900’s, the famed Tacoma Speedway Force Base merged to become Joint Base Lewis-
McChord. The installation remains a prominent
player in the local and state economies today and
borders Lakewood to the east and south.

As the area grew, other amenities were added,
including a regional hospital and two colleges
– Clover Park Technical College which recently
celebrated its 75th anniversary and Pierce College
which was named in 2018 as one of 10 finalists
for the national 2019 Aspen Prize for Community
College Excellence by the prestigious Aspen
Institute.

Becky Newton, EDFP

Economic Development Manager
City of Lakewood
6000 Main street Sw | Lakewood
WA 98499

PH: 253.983. 7738 | FX: 253.589. 3774
CELL: 253.254. 1204

FDI ALLIANCE 83

GOVERNOR
TONY EVERS

Welcome to

WISCONSIN

Wisconsin is a U.S. state located in the north-central the people are best served by their innovations often live and quality of life of people around the world extends
United States, in the Midwest and Great Lakes regions. It is in distant lands. That’s why Wisconsin has developed far beyond the milk and cheese produced by our proud
bordered by Minnesota to the west, Iowa to the southwest, partnerships across the globe to enhance sustainable farmers. Vitamins A and B were discovered at the University
Illinois to the south, Lake Michigan to the east, Michigan to water and energy resources management practices. of Wisconsin-Madison in the early 20th century, as was
the northeast, and Lake Superior to the north. Wisconsin And it’s why they have shared their state’s agriculture, a method for enriching food with vitamin D to treat
is the 23rd largest state by total area and the 20th most and food and beverage production insights with industry conditions including psoriasis and osteoporosis. And
populous. The state capital is Madison, and its largest leaders worldwide, many of whom travel to Wisconsin or in 1998, one of the major milestones in the history of
city is Milwaukee, which is located on the western shore establish operational facilities here to leverage our state’s science took place at the same Wisconsin institution:
of Lake Michigan. The state is divided into 72 counties. industry expertise. developmental biologist James Thomson became the
first in the world to isolate human embryonic stem cells,
Encouraging innovation and fostering an environment of Wisconsin’s early-stage health and life science firms and a discovery that later fueled the reverse engineering of
success for industry and its supporting workforce. the Center for Technology Commercialization (CTC) stem cells from human skin cells.
Leveraging strategic partnerships throughout the state received national attention for the state’s success over
to help Wisconsin companies start up, grow and reach the past decade in landing competitive federal grants. WEDC works collaboratively with other agencies,
new markets. Wisconsin ranked third after Oregon and Vermont in corporations and nonprofit minority business associations
securing Small Business Innovation Research (SBIR) and to provide financial and operational assistance, resources
Wisconsin influence in the world starts with a desire to Small Business Technology Transfer (STTR) funding from and statewide networking opportunities to minority
create mutually beneficial outcomes. From a welcoming the National Institutes of Health (NIH) from 2008-2017. entrepreneurs and business owners.
environment that encourages foreign direct investment to The 23 percent win rate for applications (248 awards from
breakthrough discoveries that address some of the world’s 1,056 submissions) resulted in $87 million invested in the Hundreds of businesses each year are served by WEDC,
most pressing challenges, they know that by working state’s entrepreneurial efforts including the Hispanic Chamber of Commerce of
together, they can all realize Wisconsin’s full potential. Wisconsin, the African-American Chamber of Commerce
With ninety-six percent of the world’s population living While Wisconsin is perhaps best known as “America’s of Wisconsin, the Hmong Chamber of
outside of the United States, Wisconsin understand that Dairyland,” the state’s contributions to the health, nutrition

84 FDI ALLIANCE

GOVERNOR
TONY EVERS

Welcome to

WISCONSIN

Commerce and First-American Capital Corporation, the
business financing arm of the American Indian Chamber $280 million in capital investments statewide. forward. Plus, you’ll have access to the location you want,
the talent you need, and the investment in research and
Entrenched in tradition but continuing to shape the
of Commerce of Wisconsin. By working with minority future, Wisconsin is driven to discover a better way, of development that will help you maintain your competitive
Wisconsin is a U.S. state located in the north-central the people are best served by their innovations often live and quality of life of people around the world extends business associations and their partners, WEDC helps leaving their mark on architecture, through Frank Lloyd advantage.
United States, in the Midwest and Great Lakes regions. It is in distant lands. That’s why Wisconsin has developed far beyond the milk and cheese produced by our proud support the attraction, development and growth of diverse Wright’s unconventional design, music with Les Paul’s
bordered by Minnesota to the west, Iowa to the southwest, partnerships across the globe to enhance sustainable farmers. Vitamins A and B were discovered at the University companies in Wisconsin. electric guitar, two-wheel transportation through Harley- Wisconsin’s public and private colleges and universities,
Illinois to the south, Lake Michigan to the east, Michigan to water and energy resources management practices. of Wisconsin-Madison in the early 20th century, as was Davidson’s refining of the motorcycle, and recreation with including the University of Wisconsin System, supports
the northeast, and Lake Superior to the north. Wisconsin And it’s why they have shared their state’s agriculture, a method for enriching food with vitamin D to treat The City of Superior is receiving a $148,400 state grant Ole Evinrude’s outboard motor. the researchers, companies and policy-makers across
is the 23rd largest state by total area and the 20th most and food and beverage production insights with industry conditions including psoriasis and osteoporosis. And to redevelop the former Soo Line freight depot into a the state who are working together to develop solutions
populous. The state capital is Madison, and its largest leaders worldwide, many of whom travel to Wisconsin or in 1998, one of the major milestones in the history of microbrewery and restaurant. Wisconsin state impact is bigger than the businesses to the world’s challenges, ranging from sustainable
city is Milwaukee, which is located on the western shore establish operational facilities here to leverage our state’s science took place at the same Wisconsin institution: and residents that call it home, they strive to create resource management and health care to advanced
of Lake Michigan. The state is divided into 72 counties. industry expertise. developmental biologist James Thomson became the The Community Development Investment Grant (CDI) an environment where you’re free to THINK bigger, manufacturing processes and materials production. The
first in the world to isolate human embryonic stem cells, from the Wisconsin Economic Development Corporation encouraged to MAKE your mark and poised for great state’s highly ranked technical college system shapes the
Encouraging innovation and fostering an environment of Wisconsin’s early-stage health and life science firms and a discovery that later fueled the reverse engineering of (WEDC) will support the relocation of Thirsty Pagan things to HAPPEN. workforce through technical training that closes talent gaps
success for industry and its supporting workforce. the Center for Technology Commercialization (CTC) stem cells from human skin cells. Brewery to the 7,500-square-foot depot in high-demand fields across a broad range of industries,
Leveraging strategic partnerships throughout the state received national attention for the state’s success over While every entrepreneur’s path to starting a business is allowing businesses the opportunity to scale as they grow.
to help Wisconsin companies start up, grow and reach the past decade in landing competitive federal grants. WEDC works collaboratively with other agencies, WEDC’s CDI Grant Program supports community different, each shares a critical insight–a vision of possibility. The Wisconsin Department of Workforce Development
new markets. Wisconsin ranked third after Oregon and Vermont in corporations and nonprofit minority business associations development and redevelopment efforts, primarily in Entrepreneurs interrupt the market with a better way, and in works closely with employers, educators and economic
securing Small Business Innovation Research (SBIR) and to provide financial and operational assistance, resources downtown areas. The matching grants are awarded the process improve lives and the world in which we live. developers at local, regional and state level to provide the
Wisconsin influence in the world starts with a desire to Small Business Technology Transfer (STTR) funding from and statewide networking opportunities to minority based on the ability of applicants to demonstrate the support necessary to fill the jobs of today and tomorrow.
create mutually beneficial outcomes. From a welcoming the National Institutes of Health (NIH) from 2008-2017. entrepreneurs and business owners. economic impact of the proposed project, including public With a long history of innovation and a bright future
environment that encourages foreign direct investment to The 23 percent win rate for applications (248 awards from and private partnership development, financial need, and fueled by optimism, Wisconsin welcomes game-changers. Developing the next generation of leaders has always been
breakthrough discoveries that address some of the world’s 1,056 submissions) resulted in $87 million invested in the Hundreds of businesses each year are served by WEDC, use of sustainable downtown development practices. Entrepreneurs and their support networks benefit from vital to driving Wisconsin’s industry leadership. Through
most pressing challenges, they know that by working state’s entrepreneurial efforts including the Hispanic Chamber of Commerce of programs designed to move startups from seed to growth education, training programs and funding, they have
together, they can all realize Wisconsin’s full potential. Wisconsin, the African-American Chamber of Commerce Since the program’s inception in 2013, WEDC has stage. From technical support services to tax credits for invested to ensure Wisconsin has the qualified talent to
With ninety-six percent of the world’s population living While Wisconsin is perhaps best known as “America’s of Wisconsin, the Hmong Chamber of awarded more than $20 million in CDI Grants to 79 investments in early-stage companies, Wisconsin provides meet the future needs of business.
outside of the United States, Wisconsin understand that Dairyland,” the state’s contributions to the health, nutrition communities for projects expected to generate more than the tools and resources to keep your venture moving

FDI ALLIANCE 85

Every community across the globe must address plenty to do locally to keep you in shape mentally the Wisconsin River. You can also take your boat
the talent attraction and retention challenge. and physically. We have numerous K-12 options, to a couple of restaurants along the water.
Every company that is looking to expand locally including public, private, and charter schools. One Our community is around 70,000, so your business
or in a new location and every new business must charter school focuses on the environment and and families have the chance to be a big fish in a
consider that as part of their site selection process. another on experiential learning. Students can smaller pond. The best part is many of the same
Talent engagement, the sum of attraction and even begin taking college credit in high school resources and opportunities are here that you
retention, is the new economic development. toward programs at Mid-State Technical College. find elsewhere, just with fewer hassles and a more
I’ve developed a cycle of talent engagement that The City of Stevens Point has the largest certified comfortable cost of living.
addresses the challenges and offers solutions site in the state with approximately 700 acres
from our branding, culture and messaging to the available on the east end of the community. The Opportunity abound here whether it be business
opportunities available when somebody leaves the interstate and an east-west state four-lane highway growth and expansion or personal enjoyment.
organization. That isn’t specifically what this article provide for easy transportation. The site runs along You can check more out on the personal side at
is about, but there is help out there. Challenges, the CN railroad with spurs as an option. We have everythingpointshere.com. For more business
statistics and solutions are an important part of a regional airport with twenty minutes and major data, check us out at portagecountybiz.com. Better
addressing the problem. hubs a short drive to Madison, Milwaukee, Chicago yet, come and visit and you will soon see what you
and Minneapolis. There are also numerous plots are missing.
We are proud of who and what we are in central of commercial space sprinkled throughout the
Wisconsin, specifically Portage County, the City County as well as business parks managed by the
of Stevens Point, Village of Plover and the many County, Village, Village of Amherst and others in
other towns and villages. We are an ecosystem that the City proper.
thrives on entrepreneurship, a key element of talent
engagement. Your business and the talent are here. Downtown Stevens Point is vibrant with all but a
We absolutely have snow and cold weather here! couple store fronts full of business. The downtown Todd Kuckkahn
And the people who live here love it. Your employees is home to Mid-State and Sentry Insurance runs
could go tubing down ski hills. They can ice fish one of their co-op programs in the downtown. The Executive Director
on rivers and lakes to have fresh, quality fish year Cobblestone Hotel is a national boutique chain
round. The hunting season doesn’t end with snow, located in the heart of the City and has its own Portage County Business Council, Inc.
it actually multiplies. Even if you are unfortunate restaurant with many others dotting the downtown. portagecountybiz.com
enough to hit a deer with your vehicle, you can “tag” The Wisconsin River runs alongside the downtown
it and have a freezer full of meat. Of course, you with a plethora of activity, including a 26-mile 5501 Vern Holmes Holmes Drive
can also rely on many of the unique restaurants plus bike path on a relatively flat terrain. You can
we have for your meat. leave work, rent a kayak, and be on the river or Stevens Point, WI, 54482
biking in fifteen minutes. Many commutes in larger
If the outdoors isn’t your interest, our 4-year communities take four times that amount of time. 715-344-1940
institution, University of Wisconsin-Stevens Point Recreational opportunities range from family-
offers nationally recognized athletics, fine arts and oriented to challenging for the more adventurous. [email protected]
environmental programming. The Children’s Museum, It’s also hard to drive long before you see another
YMCA, fitness centers and other organizations offer park or playground, including many spaces along

86 FDI ALLIANCE

FDI ALLIANCE 87

HOW IMPORTANT ARE SMALL

BUSINESSES TO OUR LOCAL

ECONOMY

The importance of small business to providing employment opportunities to money is then used for local police and
local communities is emotionally rooted people who may not be employable by fire departments as well as schools. A
in buying and selling with friends and larger corporations. Small businesses thriving small business also can improve
neighbors. The importance of small firms tend to attract talent who invent new property values throughout a community,
in rural areas and big cities also is seen products or implement new solutions for improving every homeowner’s bottom
in the economic benefits of shopping existing ideas. Larger businesses also often line while generating more property
locally. In some towns and villages, a small benefit from small businesses within the taxes for local governments.
business is the only type that can survive same local community, as many large
while serving a reduced population. In corporations depend on small businesses The small business impact on local
a big city, small businesses often offer for the completion of various business economy growth also takes the form
a more diverse inventory or specialize functions through outsourcing. of sales tax collection. Local businesses
in providing unique or personalized charge sales tax based on their location
customer experiences. Small businesses ADAPTING TO CHANGING and can be the backbone of special
also present new employment opportunities CLIMATES taxation districts focused on unique
and serve as the building blocks of the projects, such as lighting and sidewalk
United States’ largest corporations. Many small businesses also possess the projects to improve historic shopping
ability to respond and adapt quickly to districts and attract additional customers.
GROWING SMALL BUSINESSES IN changing economic climates. This is due
THE U.S. to the fact that small businesses are often GROWING A SMALL BUSINESS TO A
very customer-oriented and understand CORPORATION
A small business is defined as a business the needs of the community. Many
(corporation, limited liability company local customers remain loyal to their Small businesses do not always stay
or proprietorship) with 500 employees favorite small businesses in the midst of small. Large corporations, such as Nike
or less. According to the U.S. Small an economic crisis. This loyalty means and Ben and Jerry’s, started off as small
Business Administration (SBA), small that small businesses are often able to businesses and grew to become major
businesses represent 99.9 percent of stay afloat during tough times, which players in the national and international
all U.S. businesses. Small businesses can further strengthen local economies. marketplace. Many computer-industry
created 1.9 million jobs in 2015 with Small businesses also accumulate less leaders began as “tinkerers,” working on
some of the smallest firms - those with revenue than larger corporations, meaning hand-assembled machines out of their
20 employees or less - adding over they may have less to lose in times of garages. Microsoft and Amazon are prime
half of the positions with a 1.1 million economic crisis. examples of how a small business idea
increase. As of 2018, the SBA estimates can change the world. Small businesses
there are 30.2 million small businesses CONTRIBUTING TO LOCAL that grow into large businesses often
employing a total of 58.9 million workers. GOVERNMENT WITH TAXES remain in the community in which the
business was first established. Having
EMPLOYING LOCAL WORKERS When consumers patronize local small a large corporation headquartered in
businesses, they are essentially giving a community can further help provide
Small businesses contribute to local money back to their local community. employment and stimulate the local
economies by bringing growth and A thriving local business will generate economy, creating a market that favors
innovation to the community in which the high levels of revenue, which means the development of additional small
business is established. Small businesses that the business will pay higher taxes, businesses.
also help stimulate economic growth by including local property taxes. This

88 FDI ALLIANCE

An Emerging Edge

Community

Jacksboro is an emerging edge community on the

outskirts of Fort Worth. Historically, the region is known

for its oil and gas related businesses and services.

MAJOR HIGHWAY

• US Hwys 281 & 380 intersect
in Jacksboro

• State Hwys 114, 119, 59, 380
& 148
WORKFORCE
• All roads lead to Jacksboro
• Expanding pool of 3,600

• 1,800 between the ages of 19
TRANSPORTATION & 49

• Traffic count of 12,000 daily • Skills, education & experience
will fill a large variety
• Easy access to DFW
International Airport

• 60 Miles Northwest of Fort Worth

• 95 Miles Northwest of Dallas

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