Wayne County - The QTI Group
Wayne County - The QTI Group
Wayne County - The QTI Group
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Business<br />
Development<br />
Business<br />
Development
<strong>Wayne</strong> <strong>County</strong><br />
Business Development<br />
Economic Development Corporation<br />
of <strong>Wayne</strong> <strong>County</strong>, Indiana<br />
<strong>The</strong> intention of this fact book is to provide detailed information about <strong>Wayne</strong> <strong>County</strong>, Indiana. Information that<br />
can be found in this fact book includes research and documentation outlining the community’s demographics,<br />
location, cost of doing business, education, workforce, incentives, taxes, available properties, and recent<br />
accomplishments. All combined, this information provides a detailed representation of the benefits of locating or<br />
expanding your business in <strong>Wayne</strong> <strong>County</strong>, Indiana.<br />
Once you determine that our community’s profile meets the needs of your company, the Economic Development<br />
Corporation (EDC) will work with you to find a property that best meets your specifications. <strong>The</strong> EDC welcomes<br />
visits from interested parties wherein we can take you on a guided tour of the community and specific properties<br />
of interest.<br />
We are also able to assist new and pre-existing companies with finding relevant information needed for your<br />
decision making process to further or continue your economic stability. This information includes conducting<br />
additional research for your company; guiding you through the tax abatement application process for new<br />
personal and/or real property investments; communicating on your behalf with utility providers, units of local<br />
government, and workforce and educational institutions; and more upon request. For your protection, the EDC<br />
will always keep your company’s identity confidential until you are ready to disclose your personal business<br />
information.<br />
When the time is appropriate, the EDC will work collaboratively with the Indiana Economic Development<br />
Corporation to compose an incentive package that will include state and local incentive offers and will be packaged<br />
to best suit the needs of your business. Please review the section Incentives and Taxes for more information about<br />
available programs.<br />
<strong>The</strong> EDC is here to be your local resource for all facets of development.<br />
For further assistance, please feel free to contact us at any time.<br />
Jeana L. Davis, VP of Business Development<br />
jeana@edcwc.com<br />
Economic Development Corporation of <strong>Wayne</strong> <strong>County</strong>, Indiana<br />
500 South A Street Suite 2 – Richmond, Indiana 47374<br />
Phone: 765 983-4769 – Fax: 765 966-8956<br />
www.edcwc.com
Community<br />
Data<br />
Community<br />
Data
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Population<br />
Area Population Trends By <strong>County</strong><br />
Racial Composition<br />
120,000<br />
100,000<br />
Caucasian,<br />
89%<br />
80,000<br />
60,000<br />
40,000<br />
20,000<br />
0<br />
Delaware Fayette Franklin Henry Randolph Rush Union <strong>Wayne</strong><br />
2000 118,769 25,588 22,151 48,508 27,401 18,261 7,349 71,097<br />
2010 117,671 24,277 23,087 49,462 26,171 17,392 7,516 68,917<br />
Source: US Census Bureau, 2010<br />
Two or More<br />
Races, 1.8%<br />
Other, 0.05%<br />
Asian, 0.8%<br />
Source: US Census Bureau, 2010<br />
Hispanic or<br />
Latino, 2.2%<br />
Black or<br />
African<br />
American,<br />
5.15%<br />
Population By Age<br />
20,000<br />
18,000<br />
16,000<br />
14,000<br />
12,000<br />
10,000<br />
8,000<br />
6,000<br />
4,000<br />
2,000<br />
0<br />
0-4 Years 5-19 Years 20-24 Years 25-44 Years 45-64 Years 65+ Years<br />
2000 4,430 12,785 6,524 19,530 16,662 11,166<br />
2010 4,371 13,516 4,427 16,391 18,883 11,329<br />
Source: US Census Bureau, 2010<br />
STATS Indiana, 2000<br />
Cities and Towns by Population<br />
Richmond<br />
36,670<br />
Centerville 2,541<br />
Cambridge City 1,863<br />
Hagerstown 1,780<br />
Fountain City 792<br />
Dublin 780<br />
Milton 489<br />
0 10,000 20,000 30,000 40,000<br />
Source: STATS Indiana, 2011
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
<strong>Wayne</strong> <strong>County</strong> Government*<br />
• 3 Commissioners<br />
Government<br />
• 7 Council Members<br />
• Sherriff’s Department<br />
Law Enforcement<br />
• 32 Officers<br />
• 418-bed Jail House<br />
• Building Permits<br />
Planning and Zoning<br />
• <strong>County</strong> Zoning<br />
Townships • 15<br />
Source: <strong>Wayne</strong> <strong>County</strong> Government, 2012<br />
*Located in the city of Richmond, Indiana.<br />
Above: <strong>The</strong> <strong>Wayne</strong> <strong>County</strong> courthouse located in<br />
Richmond, Indiana is the largest Romanesque<br />
courthouse in Indiana. Designed by James W.<br />
McLaughlin in 1890, the project required 600 car<br />
loads of limestone and over 3 million tons of brick.<br />
Source: co.wayne.in.us/courthouse<br />
Natural Gas<br />
This utility provider services all of <strong>Wayne</strong> <strong>County</strong>:<br />
Vectren Energy Delivery<br />
Service Area<br />
Monthly Bill -Commercial<br />
(10,000 therms)<br />
Monthly Bill –Residential<br />
(500 therms)<br />
www.vectren.com<br />
<strong>Wayne</strong> <strong>County</strong><br />
Prices change monthly; please<br />
contact Vectren for current prices.<br />
Prices change monthly; please<br />
contact Vectren for current prices.<br />
Left: <strong>The</strong> original <strong>Wayne</strong> <strong>County</strong> courthouse was built<br />
in 1811 in the now extinct town of Salisbury, Indiana.<br />
This beautiful log cabin was recently refurbished and<br />
moved to Centerville were it is used for special city<br />
activities. It is the only original log court house still<br />
standing in the old Northwest Territory and can be<br />
opened for tours upon request.<br />
Source: www.waynet.org/facts/history<br />
www.town.centerville.in.us<br />
<strong>The</strong> following pages contain profiles of the largest communities located within <strong>Wayne</strong><br />
<strong>County</strong>. Each profile details a brief history of the area, describes the capacity of the<br />
local government, and lists local utility providers with average rates:
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Richmond<br />
Richmond, Indiana lies on America’s first interstate<br />
highway: US 40. Also given the name National Road, this<br />
highway still extends over 2,500 miles across the United<br />
States. Due to its proximity to this major throughway,<br />
Richmond has had a history entrenched in commerce. And,<br />
due to the business prowess and wealth of its early<br />
settlers, Richmond can boast one of the finest early<br />
Victorian neighborhoods in the nation.<br />
Originally settled by members of the Quaker faith<br />
(Friends), Richmond is now host to three institutions of<br />
higher education and state of the art medical facilities.<br />
In 2009, due to the dedication of<br />
some of Richmond’s finest<br />
students, the city was declared an:<br />
“All American City.” Richmond<br />
plans to continue living up to this<br />
title by attracting new business and<br />
increasing its dedication to local<br />
industry.<br />
http://www.visitrichmond.org/<br />
Municipal Services - <strong>County</strong> Seat<br />
• Mayor: Sally Hutton<br />
Local Government<br />
• 9 Member Council<br />
Classification • 2 nd Class City<br />
Comprehensive Plan • Yes<br />
• ISO Rating: Class 3<br />
Fire Department • 5 Stations<br />
• 80 Personnel<br />
• 80 Officers<br />
Police Department • 10-15 Reserve Volunteers<br />
• SWAT Team: 11 officers<br />
Planning/Inspections • Zoning/Variances<br />
• Power<br />
Public Utilities • Sanitation<br />
• Street Department<br />
Source: Richmond, Indiana Government, 2012<br />
City Profiles<br />
Service Area<br />
Current System Capacity<br />
Current System Demand<br />
Power Generation<br />
Utilities<br />
Richmond Power & Light<br />
Richmond and Outlying Fringe<br />
Area<br />
315 MW<br />
154.6 MW<br />
210 MW Local Gen.<br />
3 System Interconnects<br />
Average Rate Schedule for RP & L<br />
Average Monthly Residential Bill*<br />
$98.33<br />
(1,000 kWh)<br />
Average Monthly Commercial Bill<br />
$1093.26<br />
(14,000 kWh at 40kW Demand)<br />
Average Monthly Industrial Bill†<br />
$28,383.45<br />
(400,000 kWh at 1,000 kW Demand)<br />
*Rate quote includes ECA, taxes, and facilities charge. For more<br />
information on rates visit RP&L’s website: www.rp-l.com<br />
†Rate quote includes all applicable discounts (tax exempt, sub<br />
ownership, primary metered)<br />
Indiana American Water Co., Inc.: Richmond<br />
Service Area<br />
Water Source<br />
Current Capacity<br />
Current Demand<br />
Avg. Residential Use<br />
Peak Demand<br />
Storage Capacity<br />
Richmond<br />
Middlefork Reservoir, 2<br />
Springs, 12 Wells<br />
11.1 Million Gallons/Day<br />
6 Million Gallons/Day<br />
3,000 Gallons/Month<br />
8 Million Gallons/Day<br />
4.6 Million Gallons/Day<br />
Volumetric Rate Schedule for IAMWC*<br />
Volumetric rate per<br />
1,000 Gallons<br />
First 15,000 $4.3489<br />
Next 3,735,000 $3.1553<br />
All over 3,750,000 $1.9251<br />
*Rates are subject to additional fees and taxes: www.amwater.com<br />
Richmond Sanitary District<br />
Current Flow<br />
Current Capacity<br />
10 million gallons/day 18 million gallons/day
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Cambridge City<br />
Founded in 1836, Cambridge City is rich in history and<br />
home to an 1868 Italianate Opera House. Now, this city<br />
boasts some of the most important industry in the area.<br />
Home to the Indiana Gateway Industrial Park, a location<br />
with 93 acres available for immediate development,<br />
Cambridge City is quickly developing in production and<br />
commerce and shifting its focus towards the global<br />
market. <strong>The</strong> town is currently home to Really Cool Foods,<br />
Taconic Farms, and DOT Foods, three essential industries<br />
in the area, and is accessible via the C&NC Railroad.<br />
www.cambridgecityindiana.org<br />
Municipal Services<br />
• Council President:<br />
Local Government<br />
Maynard Fowler<br />
• 5 Member Council<br />
Classification • Town<br />
Comprehensive Plan • Yes<br />
• ISO Rating: Class 5<br />
Fire Department<br />
• 21 Member Volunteer<br />
• Chief<br />
Police Department<br />
• 5 Officers<br />
Public Utilities • Water-Works<br />
Source: Cambridge City, Indiana Government, 2012<br />
Utilities<br />
Whitewater Valley Rural Electric Membership<br />
Corp. (REMC)<br />
Service Area<br />
Power Source<br />
Cambridge City and Fringe<br />
17 Distribution Co-ops<br />
Served by Hoosier Energy<br />
Average Rate Schedule for REMC<br />
Average Monthly Residential Bill<br />
$122.36<br />
(1,000 kWh)<br />
Average Monthly Commercial Bill<br />
$1271.67<br />
(14,000 kWh at 40kW Demand)<br />
Average Monthly Industrial Bill<br />
$33,880.00<br />
(400,000 kWh at 1,000 kW Demand)<br />
Source: www.wwvremc.com<br />
Cambridge City Water Works:<br />
(Municipally Owned)<br />
Service Area<br />
Cambridge City & Fringe<br />
Water Source<br />
3 Wells<br />
Current Capacity 1.9 Million Gallons/Day<br />
Current Demand 300,000 Gallons/Day<br />
Storage Capacity 500,000 Gallons<br />
Avg. Residential Use 4,000 Gallons per Month<br />
Avg. Residential Bill $16.48<br />
Volumetric Rate Schedule for Cambridge City*<br />
First 3,333 $3.93<br />
Volumetric Rate per Next 6,667 $3.45<br />
1,000 Gallons<br />
Next 6,667 $2.91<br />
Over 16,667 $1.73<br />
*Rates are subject to additional fees and taxes.<br />
Indiana Gateway Industrial Park*<br />
Service Area<br />
IGIP<br />
Water Source<br />
2 Wells<br />
Current Capacity 1.4 Million Gallons/Day<br />
Current Demand 100,000 Gallons/Day<br />
Storage Capacity 400,000 Gallons<br />
*IGIP (Indiana Gateway Industrial Park) receives water from Cambridge City<br />
Water Works, however operates under its own system of wells.<br />
Volumetric Rate Schedule for IGIP*<br />
First 15,000 $3.23<br />
Volumetric Rate per<br />
Next 35,000 $2.35<br />
1,000 Gallons<br />
Over 50,000 $1.78<br />
*Rates are subject to additional fees and taxes.<br />
www.cambridgecityindiana.org<br />
Western <strong>Wayne</strong> Sanitary District<br />
Location<br />
Cambridge City<br />
IGIP<br />
Current Capacity<br />
1.4 million gallons/day<br />
140,000 gallons/day<br />
In mid-2011, Cambridge City celebrated<br />
their 175 th Birthday!
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Hagerstown<br />
Hagerstown, Indiana was settled primarily by German<br />
Baptists (‘Dunkards’) and was plated in 1832. Currently,<br />
the town can be reached directly by the Norfolk Southern<br />
Railway. <strong>The</strong> town is home to the local Hagerstown<br />
Airport which boasts the longest grass runway in the<br />
nation at 4,000 feet. Hagerstown is also the location for<br />
the Wilbur Wright Birthplace and Museum, as well as<br />
Tedco Industries, Autocar Manufacturing, and the local<br />
Abbot’s Candy. <strong>The</strong> town continues to strive for excellence<br />
and currently boasts an unemployment rate of 2%,<br />
compared with the state average of 10.2%.<br />
www.hagerstown.in.gov<br />
Municipal Services<br />
• Town Manager:<br />
Local Government<br />
Robert Warner<br />
• 5 Member Council<br />
Classification<br />
Town<br />
Comprehensive Plan<br />
Yes<br />
• ISO Rating: Class 6<br />
Fire Department<br />
• 25 Member Volunteer<br />
• Chief<br />
Police Department • 4 Officers<br />
• Volunteer Department<br />
Planning Committee • 9 Member Council<br />
• Power<br />
• Water-Works<br />
Public Utilities<br />
• Wastewater<br />
• Street Department<br />
Source: Hagerstown, Indiana Government, 2012<br />
Average Rate Schedule for Hagerstown Electric Dept.*<br />
Average Monthly Residential Bill<br />
$95.49<br />
(1,000 kWh)<br />
Average Monthly Commercial Bill<br />
$1,278.74<br />
(14,000 kWh at 40kW Demand)<br />
Average Monthly Industrial Bill<br />
$26,410.89<br />
(400,000 kWh at 1,000 kW Demand)<br />
*Rate quote does not include applicable taxes.<br />
Hagerstown Water Department<br />
(Municipally Owned)<br />
Service Area<br />
Hagerstown & Fringe<br />
Water Source<br />
2 High-Capacity Wells<br />
Current Capacity 850,000 gallons/day<br />
Current Demand 195,000 gallons/day<br />
Storage Capacity 550,000 gallons<br />
Avg. Residential Use 4,700 gallons/month<br />
Avg. Residential Bill $22.07<br />
Rates of Consumption for Hagerstown*<br />
Volumetric Rate per<br />
1,000 Gallons<br />
First 3,000 $3.50<br />
Next 12,000 $2.53<br />
Next 20,000 $1.78<br />
Next 25,000 $1.35<br />
Over 60,000 $1.12<br />
*Calculated from Hagerstown City Code of Ordinance:<br />
hagerstown.in.gov. Rates are subject to additional fees and taxes.<br />
Hagerstown Sewer Department<br />
Current Flow<br />
Current Capacity<br />
207,000 gallons/day 325,000 gallons/day<br />
Service Area<br />
Utilities<br />
Hagerstown Electric Department<br />
Current System Capacity<br />
Peak System Demand<br />
Power Source<br />
Avg. Homeowner Bill<br />
www.hagerstown.in.gov<br />
Hagerstown and Outlying<br />
Fringe<br />
18,966 kW<br />
4,762 kW<br />
Purchased from Duke<br />
Energy<br />
$99.40 @ 1,055 kWH<br />
Spectators watch as Hagerstown hosts a Fly-In, 2009.
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Centerville<br />
Centerville, Indiana also has its origins along National<br />
Road, US 40. In 1811 it was the only city other than<br />
Indianapolis between Richmond and Terre Haute. It now<br />
boasts over 17 antique stores and unique historic shops<br />
which draw tourists to this quaint Indiana town.<br />
Once home to the county seat, Centerville lost its claim in<br />
1873, when residents from Richmond took county<br />
documents by force. A small battle took place resulting in<br />
canon fire. Now the site of the Centerville Public Library,<br />
the hole from the cannon, given the name “Black Betty” by<br />
local residents, can still be seen by locals and tourists.<br />
Most recently, Centerville was voted “<strong>The</strong> Best Place to<br />
Raise Your Kids, 2011” in Indiana by Bloomberg and<br />
Businessweek.com. This is no small accomplishment when<br />
considering Indiana’s 568 towns and villages. <strong>The</strong> city has<br />
always boasted of its excellence in public education and<br />
this award proves their dedication to the future.<br />
www.town.centerville.in.us<br />
www.businessweek.com<br />
Utilities<br />
Centerville Municipal Light and Power<br />
Service Area<br />
Centerville<br />
Power Source<br />
Indiana Municipal Power Agency<br />
Peak Load<br />
5MW<br />
Centerville Water Works<br />
Service Area<br />
Centerville & Fringe<br />
Water Source<br />
Groundwater<br />
Current Capactiy 520,000 gallons/day<br />
Current Demand 240,000 gallons/day<br />
Storage Capacity 280,000 gallons/day<br />
www.town.centerville.in.us<br />
Centerville Water Treatment Plant<br />
Current Flow<br />
Current Capacity<br />
240,000 gallons/day 500,000 gallons/day<br />
Municipal Services<br />
• Town Manager<br />
Local Government<br />
• 5 Member Council<br />
Classification • Town<br />
Comprehensive Plan • Yes<br />
• ISO Rating: Class 6<br />
Fire Department<br />
• 26 Member Volunteer<br />
• Chief<br />
Police Department<br />
• 5 officers<br />
• Power<br />
Public Utilities<br />
• Water-Works<br />
• Wastewater<br />
Source: Centerville, Indiana Government, 2012<br />
Children play over the bridge at Paddy’s Run Park in Centerville,<br />
Indiana.
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Location<br />
39.83° N, 84.89° W<br />
Distance and Travel Time for Goods in<br />
Transit<br />
City Distance (Miles) Days by Truck<br />
Atlanta 525 2<br />
Chicago 252 1<br />
Cincinnati 55 1<br />
Cleveland 238 1<br />
Dallas 964 2<br />
Denver 1,155 2<br />
Des Moines 543 2<br />
Detroit 245 1<br />
Indianapolis 76 1<br />
Kansas City 560 1<br />
Los Angeles 2,142 3<br />
Memphis 542 1<br />
Minneapolis 659 2<br />
New Orleans 895 2<br />
New York 650 3<br />
Seattle 2,310 3<br />
St. Louis 315 1<br />
Source: Google Maps, 2012<br />
Con-Way Freight, 2012<br />
Transportation<br />
Highway Access<br />
Interstate Direction Distance (Miles)<br />
I-70 East-West 0 (Local)<br />
I-75 North-South 40 (East)<br />
I-69 North-South 65 (Northwest)<br />
I-65 North South 70 (West)<br />
I-74 East-West 65 (West)<br />
Federal Highway Direction Distance (Miles)<br />
U.S. 40 East-West 0 (Local)<br />
U.S. 27 North-South 0 (Local)<br />
U.S. 35 NW-SW 0 (Local)<br />
State Highway Direction Distance (Miles)<br />
Indiana 1 North-South 0 (Local)<br />
Indiana 38 Northwest 0 (Local)<br />
Indiana 227 South 0 (Local)<br />
Ohio 177 South 15 (South)<br />
Air Services<br />
Richmond Municipal Airport (RID)<br />
Location<br />
5 miles Southeast<br />
# of Runways 2<br />
Runway Lengths 5,500,’ 5,000’<br />
Lighted Runway Yes – Medium Intensity<br />
Aircraft Storage Hangars and Tiedowns<br />
Aircraft Maintenance Available<br />
Source: AirNav, 2012<br />
Dayton International Airport (DAY)<br />
Location<br />
40 miles East<br />
# of Runways 3<br />
Runway Lengths 10,900,’ 8,502,’ 7,285’<br />
Lighted Runway Yes – High Intensity<br />
Aircraft Storage Hangars and Tiedowns<br />
Aircraft Maintenance Airframe and Powerplant<br />
Airline Carriers 6 Major Airlines<br />
Source: AirNav, 2012<br />
Dayton Airport, 2012<br />
Note: All distances shown above are calculated based<br />
on transportation routes.
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Cincinnati/Northern Kentucky<br />
International Airport (CVG)<br />
Location<br />
64 miles Southeast<br />
# of Runways 4<br />
Runway Lengths 12,000,’ 11,000,’ 10,000,’<br />
8,000’<br />
Lighted Runway Yes – High Intensity<br />
Aircraft Storage Hangars and Tiedowns<br />
Aircraft maintenance Airframe and Powerplant<br />
Airline Carriers 8 Major Airlines<br />
Freight Carriers FedEx, DHL<br />
Source: AirNav, 2012<br />
CVG Airport, 2012<br />
Indianapolis International Airport (IND)<br />
Location<br />
80 miles West<br />
# of Runways 3<br />
Runway Lengths 11,200,’ 10,000,’ 7,280’<br />
Lighted Runway Yes – High Intensity<br />
Aircraft Storage Tiedowns<br />
Aircraft Maintenance Airframe and Powerplant<br />
Airline Carriers 9 Major Airlines<br />
Freight Carriers FedEx Hub<br />
Source: AirNav, 2012<br />
Indianapolis Airport, 2012<br />
Motorized Transport<br />
Taxi Companies 4<br />
Car Rental Companies 3<br />
Motor Freight Carriers 15<br />
Source: WayNet, 2012<br />
Visit Richmond, 2012<br />
Rail Service<br />
Freight<br />
Indiana boasts almost 4,000 miles of track operated by<br />
Class I railroads, providing maximum connectivity to<br />
Indiana’s major ports.<br />
• C & NC Railroad is a short-line operator that runs<br />
between New Castle and Connersville, Indiana.<br />
This railway connects to the main CSX and Norfolk<br />
Southern lines in the area.<br />
• CSX provides services across the state of Indiana<br />
covering over 1,900 miles and allows maximum<br />
connectivity for businesses. CSX connects with<br />
local short-line providers and operates an<br />
intermodal facility in Indianapolis.<br />
• Indiana Eastern Railroad provides many links to<br />
local short-line railways throughout its 11 miles of<br />
track in <strong>Wayne</strong> <strong>County</strong>. This railway connects<br />
directly to the Norfolk Southern System.<br />
• Norfolk Southern operates a major North-South<br />
rail artery throughout <strong>Wayne</strong> <strong>County</strong>, giving<br />
businesses access to major Eastern ports including<br />
Pittsburg and New York. Norfolk Southern<br />
operates 25 miles of track across <strong>Wayne</strong> <strong>County</strong><br />
and over 1,500 miles in Indiana alone. This<br />
railway also operates an intermodal facility<br />
nearby in Cincinnati, Ohio.<br />
Source: Bureau of Transportation Statistics, 2012<br />
Indiana Eastern Railroad, 2012<br />
Norfolk Southern, 2012<br />
CSX, 2012<br />
Provider<br />
Amtrak<br />
Passenger<br />
Location<br />
20 miles Southwest of Richmond<br />
Indiana Freshwater Ports<br />
Port Location Access<br />
Burns Harbor 226 miles NW<br />
Great Lakes,<br />
Atlantic Ocean<br />
Jeffersonville 176 miles SSW<br />
Mississippi and<br />
Ohio Rivers,<br />
Gulf of Mexico<br />
Mississippi and<br />
Mount<br />
264 miles SW Ohio Rivers,<br />
Vernon<br />
Gulf of Mexico<br />
Source: Ports of Indiana, 2012
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Financial/Income<br />
Per Capita Income $ 28,916<br />
Median Household Income $ 36,424<br />
Poverty Rate 20.3%<br />
Source: STATS Indiana, 2010<br />
ACCRA Cost of Living Index<br />
<strong>The</strong> ACCRA Cost of Living Index measures relative price levels for<br />
consumer goods and services in participating areas. <strong>The</strong> average<br />
for all participating areas equals 100 and each participant’s index<br />
is read as a percentage of the average for all places.<br />
City Composite Grocery Housing Utilities<br />
Index Items<br />
Richmond, IN 86.3 80.9 79.1 91.2<br />
Chicago, IL 114.7 114.4 133.8 97.6<br />
Louisville, KY 91.7 87.9 83.4 102.3<br />
Detroit, MI 93.7 95.8 84.6 104.0<br />
St. Louis, MO 91.1 95.1 75.3 104.4<br />
Cincinnati, OH 93.3 104.1 78.9 99.4<br />
Columbus, OH 90.3 94.3 76.8 99.9<br />
Pittsburgh, PA 94.8 104.8 76.7 100.6<br />
Memphis, TN 85.9 91.3 72.4 88.2<br />
Twin Falls, ID 92.3 91.1 85.9 100.3<br />
Quincy, IL 95.4 96.9 94.9 92.7<br />
Hutchinson, KS 94.6 92.4 93.6 87.6<br />
Findlay, OH 96.6 102.2 80.2 98.8<br />
Source: 2011 Annual ACCRA Cost of Living Index<br />
www.coli.org<br />
Cost of Doing Business<br />
Midwestern States Tax Comparison<br />
(Taxable Income = $1,000,000; Employees = 100)<br />
Total State Business Business<br />
Taxes (2010)<br />
Income Tax<br />
Indiana $151,136 $85,000<br />
Illinois $250,746 $95,000<br />
Iowa $212,453 $120,000<br />
Kentucky $232,405 $60,000<br />
Michigan $168,927 $49,500<br />
Minnesota $266,435 $98,000<br />
Missouri $195,070 $62,500<br />
Ohio $162,303 $85,000<br />
Wisconsin $200,932 $79,000<br />
Source: IEDC, 2010<br />
Midwestern States Worker’s Comp. (WC)<br />
Comparison<br />
(Taxable Income = $1,000,000; Employees = 100)<br />
WC WC<br />
Unemp.<br />
Premium Rate<br />
Insurance (2010)<br />
(2010) (2010)<br />
Indiana $47,236 $1.16 $18,900<br />
Illinois $135,926 $3.05 $41,820<br />
Iowa $68,753 $1.82 $23,700<br />
Kentucky $110,805 $2.29 $21,600<br />
Michigan $95,127 $2.12 $24,300<br />
Minnesota $106,775 $2.27 $61,360<br />
Missouri $88,695 $1.90 $43,875<br />
Ohio $135,403 $2.24 $24,300<br />
Wisconsin $82,932 $2.21 $39,000<br />
Source: IEDC, 2010<br />
Taxes<br />
Excluded Taxes:<br />
Indiana has no gross receipts or inventory taxes.<br />
Sales and Use Tax<br />
Indiana’s Sales and Use Tax is calculated at a rate of 7<br />
percent. In manufacturing the following are exempt from<br />
the sales tax: raw materials, equipment, power,<br />
electricity, and utilities. Wholesale sales, items used<br />
directly in production, and sales made in interstate<br />
commerce are exempt. In addition the purchase of<br />
research and development equipment is exempt from the<br />
tax.<br />
Source: Indiana Department of Revenue, 2012<br />
Property Tax<br />
Real and personal property tax is assessed at 100 percent<br />
of market value. Tax rates and exemptions vary among<br />
local jurisdictions, with key districts averaging 2.6408%.<br />
For relevant jurisdictional rates, refer to the Incentives &<br />
Taxes section.<br />
Source: <strong>Wayne</strong> <strong>County</strong> Auditor, 2012<br />
Individual Income Tax<br />
Indiana’s personal income tax is 3.4 percent of federal<br />
adjusted gross income (with certain exemptions and<br />
deductions).<br />
Source: Indiana Department of Revenue, 2012
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Reid Hospital<br />
Reid Hospital & Health Care Services operates as a<br />
not-for-profit, regional referral medical center which<br />
serves both east central Indiana and west central<br />
Ohio. Reid Hospital is home to 237 beds and operates<br />
within a service area of 280,000 people in five Indiana<br />
and two Ohio counties.<br />
<strong>The</strong> largest employer in Richmond,<br />
Reid deploys a 1,828 person workforce<br />
and is also sustained by a corps of 500<br />
volunteers. <strong>The</strong> hospital campus,<br />
about 100 acres, is easily accessible from U.S. 27, and<br />
is less than half a mile from I-70.<br />
<strong>The</strong> hospital is supported by the Reid Foundation<br />
which has contributed $50 million towards<br />
construction of the new Reid Hospital. When the<br />
$330-million hospital opened in 2008, the Foundation<br />
earmarked and distributed another $6 million for<br />
gardens, landscaping, and interior art to support a<br />
healing environment.<br />
Reid is guided by a mission to treat not only patient’s<br />
bodies, but also their minds and spirits. <strong>The</strong> hospital<br />
has a team that is<br />
committed to the principles<br />
that ensure this care and is<br />
thus able to contribute to<br />
the physical, psychological,<br />
social, emotional, and<br />
spiritual well-being of all its patients.<br />
Reid Hospital is accredited by the Healthcare Facilities<br />
Accreditation Program (HFAP), the Indiana State<br />
Department of Health, Medicare/Medicaid, American<br />
Association of Blood Banks, and the American College<br />
of Surgeons Community Cancer Program. It<br />
consistently ranks at or near the top of governmental,<br />
professional, and consumer quality surveys.<br />
Reid Rehabilitation Services offers a<br />
comprehensive and interdisciplinary rehabilitation<br />
program assisting individuals of all ages including<br />
injury recovery, speech therapy and child<br />
development assistance.<br />
www.reidhosp.com<br />
Health Care<br />
Health Services<br />
Adult Day Care of Richmond provides a<br />
structured program for impaired adults where they<br />
can receive the health support they need in a<br />
protective setting. <strong>The</strong> ADC of Richmond operates<br />
only during daytime hours.<br />
www.adcofrichmond.com<br />
Achieva provides resources which assist individuals<br />
with disabilities in “achieving greater personal, social,<br />
and economic success.”<br />
www.achievaresources.org<br />
Area 9 Agency is a local non-profit outreach<br />
organization which provides a variety of services. It is<br />
hailed as “your one-stop Aging and Disability<br />
resource”.<br />
iue.edu/area9<br />
Richmond State Hospital is a public, behavioral<br />
health facility operated by the State of Indiana which<br />
provides psychiatric and chemical dependency<br />
treatment to citizens on a state wide basis. <strong>The</strong><br />
hospital serves adolescents, adults, and geriatric<br />
population groups.<br />
www.richmondstatehospital.org<br />
Centerstone is the nation’s largest not-for-profit<br />
provider of community-based behavioral healthcare.<br />
<strong>The</strong>y offer a full range of mental health services,<br />
substance abuse treatment, and related educational<br />
services in both Indiana and Tennessee.<br />
centerstone.org<br />
Meridian Services provides a broad portfolio of<br />
services to address the needs of area Hoosiers who<br />
experience mental illness, addiction, developmental<br />
disability, and other behavioral health issues.<br />
www.meridiansc.org<br />
<strong>Wayne</strong> <strong>County</strong> Health Department Nursing<br />
Division/Clinic provides many standard health<br />
services regarding common concerns, testing, and<br />
immunizations for both children and adults.<br />
co.wayne.in.us/clinic
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Housing<br />
Total Housing Units - 2010<br />
Richmond 17,649<br />
<strong>Wayne</strong> <strong>County</strong> 31,242<br />
Average Household Size - 2010<br />
Richmond 2.29<br />
<strong>Wayne</strong> <strong>County</strong> 2.41<br />
Average Housing Cost (2010) $ 99,700<br />
Average Apartment Rent (2010) $ 455 (month)<br />
Source: STATS Indiana, 2012<br />
$250<br />
$200<br />
$150<br />
$100<br />
$50<br />
$0<br />
Retail & Services<br />
Retail Sales By Category - 2012<br />
Estimated Potential Sales<br />
Actual Sales<br />
Source: Buxton Leakage Report, 2012<br />
Accommodations<br />
Hotels/Motels 14<br />
Bed & Breakfasts 4<br />
Cabins/Unique 6<br />
Camping 4<br />
Number of Rooms Available 869<br />
Number of Camp Sites 338<br />
Max Capacity Banquet Hall 550<br />
Source: Richmond Tourism Bureau, 2012<br />
Source: <strong>Wayne</strong> <strong>County</strong> MLS, 2010<br />
Richmond-<strong>Wayne</strong> <strong>County</strong> MLS, 2010<br />
Restaurants<br />
Bakeries & Ice Cream 11<br />
Coffee Houses 4<br />
Family Dining 61<br />
Fast Food and Pizzerias 32<br />
Pubs 7<br />
Upscale Dining 2<br />
Local Establishments 53<br />
Source: Richmond Tourism Bureau, 2012
<strong>Wayne</strong> <strong>County</strong><br />
Community Profile<br />
Media<br />
Television<br />
Channel Name Channel Provider<br />
WCTV 11, 20 & 21 Local<br />
WKOI 43 TBN – Local<br />
Source: www.waynet.org, 2012<br />
Radio<br />
WFMG<br />
101.3 FM<br />
WQLK<br />
96.1 FM<br />
WECI<br />
91.5 FM<br />
WBSH<br />
91.1 FM<br />
WVXR<br />
89.3 FM<br />
WHON<br />
930 AM<br />
WKBV<br />
1490 AM<br />
Source: www.waynet.org, 2012<br />
Newspapers<br />
Name Location Circulation<br />
Palladium Item Richmond 18,100<br />
Western <strong>Wayne</strong> News Cambridge City 2,600<br />
Nettle Creek Gazette Cambridge City 1,000<br />
Centerville News Centerville 1,000<br />
Indianapolis Star Indianapolis Statewide<br />
USA Today National Nationwide<br />
Climate<br />
Average Temperature<br />
50.8° F<br />
Avg. Days ≥ 90° F 13.7<br />
Avg. Days ≤ 32° F 34.1<br />
Avg. First Freeze Date October 1<br />
Avg. Last Freeze Date April 10<br />
Avg. Annual Precipitation 39.55”<br />
Avg. Annual Snow 19.1”<br />
Source: Midwestern Regional Climate Center, 2001<br />
Community<br />
Facilities/Recreation<br />
Historical Sites 13<br />
Museums 11<br />
Antique Shops 30<br />
Specialty Shops 36<br />
Natural/State Parks 4<br />
Shopping Centers 4<br />
Wineries 3<br />
Live <strong>The</strong>atres 3<br />
Movie <strong>The</strong>atres 2<br />
Film Festivals 3<br />
Bowling Allies 2<br />
Roller-Rinks 1<br />
Skate Parks 2<br />
Biking/Hiking Paths 8<br />
Fitness Centers 3<br />
Yoga Studios 1<br />
Golf Courses 7<br />
Lakes 7<br />
Lakefront Swimming 4<br />
Campgrounds 4<br />
Churches/Religious 150<br />
Organizations<br />
Source: Richmond Tourism Bureau, 2012<br />
www.waynet.org, 2012<br />
Richmond River Rats baseball game, July 2009
<strong>Wayne</strong> <strong>County</strong>, Indiana<br />
Location<br />
Located along the major national artery of interstate I‐70, the <strong>Wayne</strong><br />
<strong>County</strong>, Indiana region is centrally positioned between Indianapolis,<br />
Dayton, and Cincinnati providing access to three international airports.<br />
This cross‐roads location is within 500 miles of 31% of the United States<br />
population and many major market hubs. Directly serviced by Norfolk &<br />
Southern, a Class I railway, businesses have direct access to over<br />
4,000 miles of track in Indiana, all major aquatic ports and<br />
intermodal hubs across the country, including Indiana’s three<br />
aquatic ports and nearby intermodal terminals in Cincinnati<br />
and Indianapolis.<br />
Population Base: 265,450<br />
Regional Profile<br />
Labor Shed<br />
Regional Unemployment Rates:<br />
(7 <strong>County</strong> Region Average)<br />
<strong>Wayne</strong> <strong>County</strong> Unemployment Rates:<br />
Available Skill Sets<br />
Distribution Centers & Logistics<br />
Truck Driver Heavy<br />
Food Processing<br />
Machine Operator<br />
Transportation Equipment (Vehicle Mfg.)<br />
Product Assembler<br />
Fabricated Metal Products Mfg.<br />
Bending Machine Operator<br />
Plastic and Rubber Product Mfg.<br />
Maintenance Mechanic<br />
2010 Annual Average 10.7%<br />
May 2011 (not seasonally adjusted) 10.1%<br />
2010 Annual Average 12.5%<br />
May 2011 (not seasonally adjusted) 10.4%<br />
Entry Level Wage<br />
$12.39<br />
$11.15<br />
$12.48<br />
$9.87<br />
$13.41<br />
Median Wage<br />
$17.68<br />
$16.45<br />
$18.46<br />
$14.09<br />
$19.17<br />
Higher Education<br />
<strong>The</strong> <strong>Wayne</strong> <strong>County</strong>, Indiana region has easy<br />
access to a variety of universities and community<br />
colleges close to home. With thousands of<br />
graduates yearly, businesses have access to a<br />
highly skilled workforce and can utilize<br />
specialized classes through the 4 institutions in<br />
<strong>Wayne</strong> <strong>County</strong> to enhance the skill sets of<br />
existing employees.<br />
Regional Colleges & Universities:<br />
Earlham College—Richmond, IN<br />
Indiana University East<br />
Main Campus—Richmond, IN<br />
Extensions—Connersville, Lawrenceburg,<br />
& New Castle, IN<br />
Ivy Tech Community College<br />
Main Campus—Richmond, IN<br />
Extensions—Connersville, New Castle,<br />
& Winchester, IN<br />
Purdue College of Technology, Richmond, IN<br />
Nearby Colleges & Universities:<br />
Ball State University—Muncie, IN<br />
Edison Community College—Piqua, OH<br />
Miami University—Oxford, OH<br />
Sinclair Community College—Dayton, OH<br />
University of Dayton—Dayton, OH<br />
Wright State University—Dayton, OH<br />
Source: Economic Research Institute
Education &<br />
Workforce<br />
Education &<br />
Workforce
<strong>Wayne</strong> <strong>County</strong><br />
Education<br />
Richmond: District #8385<br />
Public Schools<br />
Type Number Enrollment<br />
Pre-Schools 1 283<br />
Elementary Schools (K - 6) 9 2,733<br />
Junior High Schools (7 - 8) 2 801<br />
Senior High Schools (9 - 12) 1 1,566<br />
Charter 1 254<br />
Alternative 3 181<br />
Source: Indiana Department of Education, 2012<br />
Parochial Schools<br />
Type Number Enrollment<br />
Elementary Schools (K - 6) 7 481<br />
Jr.-Sr. High Schools (7 - 12) 3 196<br />
Source: Area Parochial School Offices, 2011-2012<br />
School Name<br />
Area Achievement<br />
2011<br />
Graduation<br />
Rate<br />
<strong>Wayne</strong> <strong>County</strong> Education<br />
K-12 Breakdown by District : 2011-2012 School Year<br />
Average<br />
SAT Scores<br />
(2011-12)<br />
New Creations Chapel 100.0% 1,400<br />
Richmond Academy N/A N/A<br />
Richmond High School 81.7% 1,425<br />
Seton Catholic High School 94.1% 1,400<br />
District Average 91.9% 1,420<br />
Source: Area High School Offices, 2011-2012<br />
Percentage Passing ISTEP<br />
School Name - Public ISTEP Category 10-11 11-12<br />
Richmond Community<br />
Schools<br />
Math 74% 79%<br />
English 74% 78%<br />
School Name - Parochial ISTEP Category 11-12<br />
Seton Catholic High School<br />
Math 92%<br />
English 94%<br />
St. Elizabeth Ann Seton Math 94%<br />
Elementary<br />
English 97%<br />
Community Christian<br />
Math 89%<br />
English 88%<br />
Math 58%<br />
Richmond Academy<br />
English 58%<br />
Source: Indiana Department of Education, 2012<br />
Centerville: District #8360<br />
Public Schools<br />
Type Number Enrollment<br />
Elementary (PK - 2) 1 428<br />
Middle Schools (3 - 6) 1 459<br />
Junior High Schools (7 - 8) 1 271<br />
Senior High Schools (9 - 12) 1 510<br />
Source: Indiana Department of Education, 2012<br />
School Name<br />
Area Achievement<br />
2011<br />
Graduation<br />
Rate<br />
Average<br />
SAT Scores<br />
(2011-12)<br />
Centerville Sr. High School 90.1% 1,462<br />
Source: Indiana Department of Education, 2012<br />
Percentage Passing ISTEP<br />
School Name ISTEP Category 10-11 11-12<br />
Centerville-Abington Math 88% 90%<br />
Community Schools English 87% 87%<br />
Source: Indiana Department of Education, 2012<br />
Cambridge City: District #8355<br />
Public Schools<br />
Type Number Enrollment<br />
Elementary (K - 5) 1 445<br />
Junior High Schools (6 - 8) 1 244<br />
Senior High Schools (9 - 12) 1 361<br />
Source: Indiana Department of Education, 2012<br />
School Name<br />
Area Achievement<br />
2011<br />
Graduation<br />
Rate<br />
Average<br />
SAT Scores<br />
(2011-12)<br />
Lincoln Sr. High School 76.5% 1,405<br />
Source: Indiana Department of Education, 2012<br />
Percentage Passing ISTEP<br />
School Name ISTEP Category 10-11 11-12<br />
Western <strong>Wayne</strong> Math 78% 84%<br />
Community Schools English 79% 87%<br />
Source: Indiana Department of Education, 2012
<strong>Wayne</strong> <strong>County</strong><br />
Education<br />
Hagerstown: District #8305<br />
Public Schools<br />
Type Number Enrollment<br />
Elementary (PK - 6) 1 623<br />
Senior High Schools (7 - 12) 1 549<br />
Source: Indiana Department of Education, 2012<br />
School Name<br />
Area Achievement<br />
2011<br />
Graduation<br />
Rate<br />
Average<br />
SAT Scores<br />
(2011-12)<br />
Hagerstown Jr.-Sr. High<br />
82% 1,403<br />
School<br />
Source: Indiana Department of Education, 2012<br />
Percentage Passing ISTEP<br />
School Name ISTEP Category 10-11 11-12<br />
Nettle Creek Community<br />
Schools<br />
Math 81% 82%<br />
English 81% 83%<br />
Source: Indiana Department of Education, 2012<br />
Fountain City: District #8375<br />
Public Schools<br />
Type Number Enrollment<br />
Elementary (PK - 6) 1 577<br />
Senior High Schools (7 - 12) 1 562<br />
Source: Indiana Department of Education, 2012<br />
School Name<br />
Area Achievement<br />
2011<br />
Graduation<br />
Rate<br />
Average<br />
SAT Scores<br />
(2011-12)<br />
Northeastern High School 90.5% 1,395<br />
Source: Indiana Department of Education, 2012<br />
Percentage Passing ISTEP<br />
School Name ISTEP Category 10-11 11-12<br />
Northeastern Community Math 85% 82%<br />
Schools<br />
English 76% 74%<br />
Source: Indiana Department of Education, 2012<br />
Note: Values Include Parochial School Data <br />
<strong>Wayne</strong> <strong>County</strong> High School Graduates Going<br />
on to Higher Education<br />
2007 2008 2009 2010<br />
Total Graduates 662 636 737 651<br />
Four-Year Institution 371 340 304 239<br />
Two-Year Institution 85 98 170 137<br />
Vocational/Technical 90 40 8 3<br />
Total to Higher Ed. 546 478 482 379<br />
Source: Indiana Department of Education, 2012<br />
<strong>County</strong> Educational Districts<br />
Summary/Comparison<br />
District Enrollment<br />
Graduation Rate SAT<br />
(High School) Average<br />
8355 1,106 73.3% 1,406<br />
8360 1,667 92.2% 1,506<br />
8375 1,115 84.9% 1,445<br />
8305 1,212 85.1% 1,457<br />
8385 5,899 86.0% 1,420<br />
Total/Avg. 10,999 84.5% 1,436<br />
Indiana State Average 84.1% 1,476<br />
National Average 75.6% 1,509<br />
7,000<br />
6,000<br />
5,000<br />
4,000<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
1,520<br />
1,500<br />
1,480<br />
1,460<br />
1,440<br />
1,420<br />
1,400<br />
1,380<br />
1,360<br />
1,340<br />
<strong>County</strong> Enrollment Statistics By District<br />
8355 8360 8375 8305 8385<br />
Enrollment Graduation Rate (High School)<br />
<strong>County</strong> SAT Averages By District<br />
8355 8360 8375 8305 8385<br />
SAT Average % 12th Graders Taking SAT<br />
100.0%<br />
90.0%<br />
80.0%<br />
70.0%<br />
60.0%<br />
50.0%<br />
40.0%<br />
30.0%<br />
20.0%<br />
10.0%<br />
0.0%<br />
70%<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%
<strong>Wayne</strong> <strong>County</strong><br />
Education<br />
Earlham College<br />
Founded by the Religious Society of Friends (Quakers) in<br />
1847, Earlham College is a distinguished liberal arts<br />
school of approximately 1,180 students from 42 states<br />
and 81 foreign countries. Among the nation’s<br />
academically strongest liberal arts colleges, it boasts<br />
programs of particular<br />
renown in the sciences,<br />
humanities, and peace<br />
and global studies.<br />
Earlham is consistently<br />
ranked as one of the<br />
nation’s top colleges<br />
for undergraduate study abroad.<br />
<strong>The</strong> college has one of only three U.S.-based Japan<br />
information centers and also offers programs and<br />
consulting services for companies seeking to establish<br />
business contacts in Japan and the Pacific Rim.<br />
www.earlham.edu<br />
Higher Education in <strong>Wayne</strong> <strong>County</strong><br />
Ivy Tech Community College<br />
As the largest statewide, open-access, community college<br />
in the country, Ivy Tech provides residents of Indiana with<br />
professional and technical degrees as well as the lifelong<br />
training needed for successful careers, personal<br />
development, and active citizenship. <strong>The</strong> Richmond<br />
location alone has an<br />
average enrollment of<br />
5,800 students. Through<br />
its affordable and quality<br />
educational programs<br />
and services, the College<br />
strengthens Indiana's<br />
economic abilities and<br />
enhances its cultural development.<br />
Ivy Tech offers a variety of programs including short term<br />
programs and training services available on demand for the<br />
greater population through the Workforce and Economic<br />
Development (WED) Office which provides immediate skills<br />
and industry related certification opportunities.<br />
www.ivytech.edu/richmond<br />
Indiana University East<br />
IU East offers all of the advantages of an Indiana<br />
University education and a degree that is respected<br />
throughout Indiana, the nation, and the world. IU East<br />
offers over 50 Indiana University bachelor’s and master’s<br />
degree programs in social and behavioral sciences, arts<br />
and humanities, business, nursing, education, and<br />
technical and professional fields. Students at IU East will<br />
find all the services and opportunities of a large<br />
university combined<br />
with the advantages and<br />
atmosphere of a small<br />
college.<br />
IU East is one of eight<br />
campuses of Indiana<br />
University and has a<br />
local enrollment of<br />
about 3,200 students. <strong>The</strong> university also offers<br />
programs at its regional centers in New Castle,<br />
Connersville, and Lawrenceburg. Several online degree<br />
completion programs are also available, and more than<br />
95 percent of our alumni stay in the region to live and<br />
work.<br />
www.iue.edu<br />
Purdue University College of<br />
Technology<br />
Purdue University College of Technology is engaged with<br />
business and industry in numerous ways. <strong>The</strong> College offers<br />
certificate and degree programs to support apprenticeship<br />
and professional development programs and enrolls<br />
approximately 120 students. <strong>The</strong> College of Technology<br />
can also deliver tailored training or credit coursework at<br />
business sites as well as<br />
provide onsite support.<br />
In addition to the<br />
traditional classroom<br />
setting, some courses may<br />
be taken online, through<br />
video streams and during<br />
accelerated weekend<br />
formats. <strong>The</strong> University's expertise is available through the<br />
local faculty and students, as well as through its Technical<br />
Assistance Program (TAP). TAP provides technical and<br />
organizational help (gratis and contracted), as well as<br />
providing placement for summer interns. Partnered<br />
research projects can also be coordinated through the local<br />
College of Technology office.<br />
www.tech.purdue.edu/Richmond
<strong>Wayne</strong> <strong>County</strong><br />
Education<br />
Bethany <strong>The</strong>ological Seminary<br />
Bethany <strong>The</strong>ological<br />
Seminary is the only<br />
theological school and<br />
academy for the Church<br />
of the Brethren. <strong>The</strong><br />
school was founded in<br />
Chicago in 1905 and<br />
later moved to<br />
Richmond, Indiana as an affiliate of Earlham College. Both<br />
are schools founded by historic “peace churches”<br />
(Brethren and Quaker).<br />
For over 100 years, the theological seminary has been<br />
offering Master of Divinity degrees and undergraduate<br />
training with a current focus on peace studies and<br />
youth/young adult ministries.<br />
www.bethanyseminary.edu<br />
New Creations Bible College<br />
New Creations Bible College is committed to excellence in<br />
education for the honor of Christ. New Creations was<br />
started as a program for troubled youth and grew to<br />
include collegiate education. <strong>The</strong> school provides a<br />
quality, post-secondary education for young men and<br />
women who desire to enter a full-time residential<br />
Christian Ministry or work in Christian Education. <strong>The</strong><br />
College provides both 2 and 4 year degrees spanning four<br />
different areas.<br />
www.newcreationschapel.org<br />
Area College Enrollment & Graduates<br />
Fall 2010 Enrollment<br />
College Undergrad Graduate<br />
*Ball State University 18,127 3,956<br />
Earlham College 1,152 141<br />
Indiana University East 3,285 80<br />
Ivy Tech Community College 5,841 N/A<br />
**Miami University of Ohio 14,872 2,395<br />
Purdue College of<br />
129 N/A<br />
Technology<br />
Total 43,393 6,572<br />
*Located 44 miles Northwest of Richmond<br />
**Located 28 miles Southwest of Richmond<br />
Bachelor Degrees Awarded by Area Colleges<br />
Degree Field 07-08 08-09 09-10<br />
Liberal Arts and Science 1,059 711 911<br />
Education 1,802 973 1,040<br />
Natural Sciences 1,032 724 897<br />
Fine Arts 629 385 390<br />
Mathematics 109 67 89<br />
Computer Science 92 66 38<br />
Nursing 207 182 253<br />
Business Administration 2,080 1,469 1,738<br />
Behavioral Sciences 1,977 1,571 1,816<br />
Source: University Registrar Offices and Websites:<br />
Ball State University, Earlham College,<br />
Indiana University East, Miami University<br />
Purdue College of Technology<br />
Degrees/Certificates Awarded<br />
Degree Field 07-08 08-09 09-10<br />
Bachelor Degrees<br />
Industrial Technology 10 5 0<br />
Organizational Leadership<br />
and Supervision<br />
5 3 3<br />
Total 15 8 3<br />
Certificates<br />
Industrial Technology 0 0 1<br />
Mechanical Engineering<br />
Technology<br />
1 0 0<br />
Organizational Leadership<br />
and Supervision<br />
5 3 3<br />
Total 6 3 4<br />
Source: University Registrar Office:<br />
Purdue University College of Technology<br />
Ivy Tech Community College Associate<br />
Degrees Awarded<br />
Concentration 07-08 08-09 09-10<br />
Education<br />
(early childhood)<br />
11 8 5<br />
Computer Science 14 14 14<br />
Nursing 50 64 78<br />
Business Administration 15 23 36<br />
Total 90 109 133<br />
Source: Graduate Profile and Trend Report, 2009-2010
<strong>Wayne</strong> <strong>County</strong><br />
Workforce<br />
Available Workforce<br />
2011 Regional Labor Availability<br />
<strong>County</strong> State Labor Force Employed Unemp.<br />
Delaware IN 53,755 48,297 5,458<br />
Fayette IN 9,418 8,221 1,197<br />
Franklin IN 11,529 10,475 1,054<br />
Henry IN 21,857 19,376 2,481<br />
Randolph IN 12,969 11,619 1,350<br />
Rush IN 9,075 8,266 809<br />
Union IN 3,559 3,235 324<br />
<strong>Wayne</strong> IN 30,924 27,467 3,457<br />
Butler OH 191,310 174,879 16,431<br />
Darke OH 27,206 24,826 2,380<br />
Preble OH 21,157 19,073 2,084<br />
Region Total 392,759 355,734 37,025<br />
Indiana 3,188,260 2,901,084 287,176<br />
Ohio 5,806,467 5,305,348 501,119<br />
Source: STATS Indiana, 2011<br />
Regional Unemployment Rate<br />
Trends<br />
<strong>County</strong> State 2008 2009 2010 2011<br />
Delaware IN 6.6% 10.8% 11.3% 10.2%<br />
Fayette IN 11.2% 15.3% 14.6% 12.7%<br />
Franklin IN 6.5% 10.6% 10.7% 9.1%<br />
Henry IN 6.9% 12.8% 13.1% 11.4%<br />
Randolph IN 6.8% 12.1% 11.4% 10.4%<br />
Rush IN 6.1% 10.6% 10.4% 8.9%<br />
Union IN 6.1% 10.4% 10.4% 9.1%<br />
<strong>Wayne</strong> IN 7.0% 12.5% 12.6% 11.2%<br />
Butler OH 5.9% 9.4% 9.6% 8.6%<br />
Darke OH 6.4% 11.2% 10.6% 8.7%<br />
Preble OH 6.9% 12.1% 10.9% 9.9%<br />
Region Average 6.9% 11.6% 11.4% 10.0%<br />
Indiana 5.8% 10.4% 10.1% 9.0%<br />
Ohio 6.5% 10.1% 10.0% 8.6%<br />
Source: STATS Indiana, 2011<br />
Commuting Patterns<br />
Counties Receiving Workers<br />
from <strong>Wayne</strong> <strong>County</strong><br />
<strong>County</strong> Workers % of Workforce<br />
Out of State 312 0.73%<br />
Ohio (State) 771 1.81%<br />
Henry 432 1.01%<br />
Marion 373 0.88%<br />
Fayette 369 0.87%<br />
All Areas 2,257 5.30%<br />
Source: STATS Indiana, 2010<br />
Counties Sending Workers<br />
to <strong>Wayne</strong> <strong>County</strong><br />
<strong>County</strong> Workers % of Workforce<br />
Randolph 846 1.95%<br />
Ohio (State) 841 1.94%<br />
Fayette 673 1.55%<br />
Union 601 1.39%<br />
Henry 466 1.07%<br />
All Areas 3,427 7.90%<br />
Source: STATS Indiana, 2010<br />
2011<br />
2010<br />
2009<br />
2008<br />
2007<br />
2006<br />
2005<br />
2004<br />
2003<br />
2002<br />
Number Employed in <strong>Wayne</strong> <strong>County</strong><br />
10,000 15,000 20,000 25,000 30,000 35,000 40,000<br />
Source: STATS Indiana, 2011
<strong>Wayne</strong> <strong>County</strong><br />
Workforce<br />
Major Employers*<br />
Company Product Employed<br />
Reid Hospital &<br />
Health Care Services<br />
Healthcare 1,964<br />
Richmond<br />
Community Schools<br />
Public Education 808<br />
Belden Wire & Cable<br />
Electronic Cable<br />
Manufacturing<br />
693<br />
Indiana University<br />
East<br />
Higher Education 625<br />
Richmond State<br />
Hospital<br />
Healthcare 519<br />
City of Richmond Municipality 474<br />
<strong>Wayne</strong> <strong>County</strong> Municipality 411<br />
Earlham College Higher Education 388<br />
Primex Plastics Corp<br />
Plastic Sheeting<br />
Manufacturing<br />
300<br />
Berry Plastics<br />
Extruded Plastics<br />
Manufacturing<br />
246<br />
Color Box Packaging 227<br />
Autocar<br />
Chassis<br />
Manufacturing<br />
224<br />
Source: Human Resource Offices of Major Employers<br />
*As of Spring 2012<br />
Current Employment<br />
Average Wage Rates<br />
(Includes Fringe Benefits)<br />
Industry Avg. Earnings Est. Hourly<br />
Accommodations/Food $16,955 $8.15<br />
Arts/Ent. Recreation $12,563 $6.04<br />
Construction $33,300 $16.01<br />
Health Care $50,844 $24.44<br />
Information $38,664 $18.59<br />
Manufacturing $44,221 $21.26<br />
Retail $25,258 $12.14<br />
Distribution $43,259 $20.80<br />
Wholesale $59,237 $28.48<br />
Government $46,754 $22.48<br />
Source: STATS Indiana, 2010<br />
Employment-At-Will<br />
Indiana operates under the Employment-At-Will<br />
system, which means an employer or employee can<br />
terminate the employment relationship at any time for<br />
any reason.<br />
Information<br />
1%<br />
Manufacturing<br />
16%<br />
Labor Distribution 2010<br />
Retail<br />
14%<br />
Distribution<br />
3%<br />
Wholesale<br />
3%<br />
Government<br />
15%<br />
Health Care<br />
16%<br />
Construction<br />
3%<br />
Arts &<br />
Recreation<br />
1%<br />
Source: STATS Indiana, 2010<br />
Food Services<br />
8%<br />
Private/Other<br />
20%<br />
Berry Plastics, a plastics manufacturer located in Richmond,<br />
Indiana, is the 74 th largest privately held company in the United<br />
States.
<strong>Wayne</strong> <strong>County</strong><br />
Workforce<br />
Economic Growth <strong>Group</strong> Workforce<br />
Development Training<br />
New and existing businesses in <strong>Wayne</strong> <strong>County</strong> that<br />
have been denied funding, or that have received<br />
partial funding from the Indiana Economic<br />
Development Corporation, the Indiana Department<br />
of Workforce Development, or the Economic<br />
Development Corporation of <strong>Wayne</strong> <strong>County</strong> may<br />
apply for skills training funds. <strong>The</strong>se funds may be<br />
used for basic skills training, customized skills<br />
training, computer training, interpersonal and<br />
leadership skills, and programs to develop<br />
communication skills.<br />
www.edcwc.com<br />
Ivy Tech Community College<br />
Ivy Tech Community College of Indiana offers<br />
training for workers without needing to leave the<br />
region, or even the workplace. Whether it's for the<br />
latest computer applications upgrade, training for<br />
new manufacturing or processing equipment, or<br />
working to develop key interpersonal skills, the<br />
college’s Workforce and Economic Development<br />
(WED) Office works on a project-by-project basis<br />
with each employer to meet their needs in real time.<br />
Training can be customized using client materials<br />
and equipment and can be delivered any day of the<br />
week, any hour of the day, on campus, or at the<br />
workplace in order to suit the needs of the<br />
employer.<br />
www.ivytech.edu/richmond/WED<br />
Worker Training & Placement<br />
Richmond WorkOne Workforce<br />
Development Center<br />
Partnered with the Indiana Department of<br />
Workforce Development (IDWD), WorkOne operates<br />
to assist Indiana citizens in accessing and improving<br />
their skills in order to find the jobs that will best fit<br />
their talents. WorkOne aims to help businesses save<br />
money through a variety of services ranging from<br />
candidate screening, job fairs, and other recruiting<br />
services. <strong>The</strong>y also provide tips on how companies<br />
can qualify for grants and training.<br />
www.work-one.org<br />
www.in.gov/dwd/WorkOne<br />
Indiana Career Connect<br />
Indiana Career Connect is a statewide computer<br />
network for employment and labor market<br />
information which is free of charge to current<br />
employers, potential employers, and<br />
individuals. This site assists employers by exposing<br />
them to an extensive database of job seekers in<br />
order to find employees with the right set of skills<br />
and qualifications. Labor availability and labor<br />
market data is also available.<br />
www.indianacareerconnect.com<br />
Workforce Educational Attainment<br />
Persons Aged 25 and Older (2010)<br />
<strong>Wayne</strong><br />
<strong>County</strong><br />
Indiana<br />
U.S.<br />
Less than 9th Grade 5.8% 4.2% 6.1%<br />
9th to 12th Grade,<br />
No Diploma<br />
12.2% 8.8% 8.3%<br />
High School Grad 39.1% 36% 28.5%<br />
Some College 18.7% 20.9% 21.3%<br />
Associate's Degree 7.2% 7.5% 7.6%<br />
Bachelor's Degree 9.7% 14.6% 17.7%<br />
Graduate or<br />
7.3% 8.1% 10.4%<br />
Professional Degree<br />
Source: U.S. Census Bureau, 2010
Sites &<br />
Buildings<br />
Sites &<br />
Buildings
Incentives<br />
& Taxes<br />
Incentives<br />
& Taxes
<strong>Wayne</strong> <strong>County</strong><br />
Incentives & Tools<br />
<strong>Wayne</strong> <strong>County</strong> Incentives<br />
What We Offer…..<br />
Various incentives are available to assist businesses that<br />
want to locate, or grow, in <strong>Wayne</strong> <strong>County</strong>, Indiana.<br />
General purpose grants are offered by the Economic<br />
Development Corporation (EDC) of <strong>Wayne</strong> <strong>County</strong>,<br />
Indiana and others are offered by units of the local<br />
government. <strong>The</strong> EDC can also help companies make<br />
contact with the Indiana Economic Development<br />
Corporation (www.iedc.in.gov), which also provides<br />
investments to encourage job creation and company<br />
growth. For more information about what the State of<br />
Indiana can do for your business, see the section<br />
“Indiana Incentives and Tools.” To determine eligibility, a<br />
company representative must complete an Indiana<br />
Application for Incentives . Please contact the EDC of<br />
<strong>Wayne</strong> <strong>County</strong>, Indiana for the required form.<br />
General Purpose Grants<br />
<strong>The</strong> EDC will make a community investment in a<br />
company’s growth based upon potential job creation and<br />
its related payroll and the company’s investment in a<br />
<strong>Wayne</strong> <strong>County</strong> location. This is true for new businesses<br />
entering the county and for expanding, existing<br />
businesses. <strong>The</strong>se funds can be used for any purpose<br />
related to the company’s investment including the<br />
purchase or lease of land or building(s), construction,<br />
installation, moving of equipment, utility connections,<br />
employee relocation, employee training, etc. Funds will<br />
not be granted for payroll, other operating costs, or<br />
payment for pre-existing debt. <strong>The</strong> company must<br />
complete a a <strong>Wayne</strong> <strong>County</strong> Project Profile to be<br />
considered for a general purpose grant. Performance<br />
objectives will be formalized in an Incentive Agreement<br />
before funds are granted. This grant requires approval<br />
from the EDC Board of Directors and may require<br />
approval from the <strong>Wayne</strong> <strong>County</strong> Board of<br />
Commissioners.<br />
Customized training session conducted by Ivy Tech Community College<br />
Office of Workforce and Economic Development in Richmond, Indiana.<br />
Land<br />
<strong>The</strong> EDC actively encourages companies looking for sites to<br />
work with private land owners and developers or their<br />
agents. <strong>The</strong> EDC represents the City and the <strong>County</strong> in land<br />
transactions involving the Midwest Industrial Park in<br />
Richmond and Indiana Gateway Industrial Park in<br />
Cambridge City. General Purpose Grants awarded to a<br />
company can be used to reduce the cost of land within the<br />
county.<br />
Tax Abatements<br />
Working through the City of Richmond, <strong>Wayne</strong> <strong>County</strong>, and<br />
local towns within the county, property taxes may be abated<br />
with a company’s investment in new machinery or new real<br />
estate improvements where job growth is involved.<br />
Abatement generally reduces a company’s property tax<br />
burden by about 50 percent for a period of one to ten years.
<strong>Wayne</strong> <strong>County</strong><br />
Incentives & Tools<br />
<strong>Wayne</strong> <strong>County</strong> Tools<br />
Tax Increment Financing (TIF)<br />
Tax Increment Financing functions as an economic<br />
development financing tool used to capture property tax<br />
revenue attributable to increases in assessed value (AV).<br />
Increases in AV occur when private development takes<br />
place in a defined geographical area designated by local<br />
government. When a TIF area is created, the AV is frozen.<br />
As development occurs, the property taxes paid on the<br />
increase in the AV are captured and can be used to pay<br />
for infrastructure improvements, debt payments on<br />
bonds issued to facilitate the development, and a variety<br />
of other costs incurred while generating additional<br />
development in the designated area.<br />
Urban Enterprise Zone (UEZ)<br />
<strong>The</strong> Richmond Urban Enterprise Zone Association<br />
contributes to economic development efforts in<br />
Richmond’s center city. A variety of incentives are<br />
offered to both businesses and individuals located within<br />
the zone such as tax credits for employees who live<br />
within the zone, property tax deductions based on the<br />
increased assessed value following building,<br />
infrastructure maintenance, machinery improvements,<br />
and a variety of incentives for zone residents and those<br />
who purchase or hold interests in zone businesses. Using<br />
these tools, the zone works to fulfill this mission: “To<br />
promote the general business and economic interest of<br />
the Enterprise Zone by creating self-sustaining programs<br />
and activities designed to strengthen and expand the<br />
income potential of all Enterprise Zone businesses and<br />
residents.”<br />
IMPA Energy Efficiency Program<br />
<strong>The</strong> Indiana Municipal Power Agency (IMPA), a not-forprofit,<br />
wholesale power provider, is offering an incentive<br />
program for commercial and industrial customers who<br />
implement energy-saving measures. Incentives are being<br />
offered to qualified customers in the areas of energy<br />
efficient lighting; heating, ventilation and air<br />
conditioning; motors, fans and drives; and refrigeration,<br />
food service and controls. Communities in <strong>Wayne</strong><br />
<strong>County</strong> served by IMPA include Richmond, Centerville<br />
and Dublin, Indiana.<br />
http://www.impa.com/IMPA-energy-efficiencyprogram.asp<br />
City of Richmond Revolving Loan Fund<br />
<strong>The</strong> City of Richmond Revolving Loan Fund may provide<br />
“GAP” financing limited to one third of total project costs up<br />
to a maximum of 25% of the current loan fund assets. <strong>The</strong>se<br />
funds may be used for equipment purchases, building<br />
rehab/expansion, real estate acquisition, and working capital.<br />
Loan funding may be available for up to $15,000 per job<br />
created or retained based on the number of jobs created/ or<br />
retained, the wages paid and the maximum gap financing of<br />
1/3 of project costs. Loans operate at half of the prime rate<br />
(limited to 4% minimum) for a maximum duration of 10 years.<br />
Certified Tech Park<br />
<strong>The</strong> Certified Technology Parks program was created as a tool<br />
to support the attraction and growth of high-technology<br />
businesses in Indiana and promote technology transfer<br />
opportunities. This designation allows for local recapture of<br />
certain state and local tax revenue which can be invested<br />
back into the park.<br />
<strong>Wayne</strong> <strong>County</strong> Revolving Loan Fund<br />
<strong>The</strong> <strong>Wayne</strong> <strong>County</strong> Revolving Loan Fund can provide a<br />
financial assistance tool for business expansion and<br />
improvement projects located in <strong>Wayne</strong> <strong>County</strong>. Eligible<br />
activities include real estate acquisition, construction or<br />
purchase of new plants, facilities, and equipment,<br />
modernization and rehabilitation of plants and equipment,<br />
and working capital. Locally owned existing small businesses,<br />
new companies, <strong>Wayne</strong> <strong>County</strong> businesses with non-local<br />
ownership, corporations, and not-for-profit organizations are<br />
eligible to apply.<br />
Industrial Development Revenue Bonds<br />
IDRB’s provide a tax-exempt financing vehicle for qualifying<br />
manufacturing projects. Eligible projects include facilities and<br />
equipment used in the manufacturing or production of<br />
tangible personal property including facilities that are<br />
ancillary to the manufacturing process. IDRB’s are issued by a<br />
public entity on behalf of the borrower to finance new<br />
facilities, rehabilitate existing facilities, and/or to purchase<br />
new equipment. Interest paid on the Bonds is tax free to<br />
investors, thus inducing them to lend at substantially lower<br />
rates to the borrower, often as much as 2-3% below<br />
conventional financings.
Indiana<br />
Incentives & Tools<br />
Grants<br />
21 st Century Research & Technology Fund<br />
<strong>The</strong> Indiana 21st Century Research and Technology<br />
Fund was created to stimulate and diversify the<br />
State's economy by developing and commercializing<br />
advanced technologies in Indiana. <strong>The</strong> IEDC Board of<br />
directors, representing most of the academic and<br />
commercial sectors of the State, approves this<br />
award.<br />
www.21fund.org<br />
Industrial Development Grant Fund (IDGF)<br />
This grant provides capital to local governments for<br />
off-site infrastructure projects associated with an<br />
expansion of an existing Indiana company or the<br />
location of a new facility in Indiana. State funding<br />
through the IDGF programs must be matched by a<br />
combination of local government and company<br />
financial support.<br />
Small Business Innovation Research<br />
Initiative/Technology Transfer Program<br />
(SBIR/STTR)<br />
<strong>The</strong> SBIR along with its sister program, the STTR, are<br />
highly competitive programs which provide an<br />
opportunity for federally funded research and<br />
development. <strong>The</strong>y encourage small businesses to<br />
explore and expand their technological potential.<br />
<strong>The</strong>se grants are available from 11 participating<br />
agencies throughout the United States.<br />
Workforce Training<br />
Skills Enhancement Fund (SEF)<br />
<strong>The</strong> SEF provides financial assistance to business<br />
dedicated to training their workforce. Trainees must<br />
be Indiana residents. SEF reimburses eligible training<br />
expenses over a two-year term. However,<br />
companies may reapply for additional funds after<br />
the initial two year period. <strong>The</strong> IEDC typically does<br />
not provide reimbursement for training that is<br />
required by law.<br />
Indiana Incentives<br />
iedc.in.gov<br />
Technology Enhancement Certification for<br />
Hoosiers (TECH)<br />
<strong>The</strong> Technology Enhancement Certification for<br />
Hoosiers (TECH) Fund is a reimbursement grant<br />
program designed to help companies meet the<br />
demands of the new IT economy by increasing the<br />
number of certified information technology workers<br />
in Indiana. This program provides financial assistance<br />
to companies that are committed to training workers<br />
on the latest information technology.<br />
Tax Credits<br />
Economic Development for a Growing<br />
Economy (EDGE) Tax Credit<br />
EDGE is a refundable tax credit program, rewarding<br />
companies for creating jobs and contributing to the<br />
growth of Indiana’s economy. EDGE credits are<br />
calculated as a percentage of payroll tax withholding<br />
for net new Indiana jobs. EDGE credits may be<br />
awarded for a period of up to 10 years.<br />
Headquarters Relocation Tax Credit<br />
When a business relocates its corporate<br />
headquarters (the location of their principal office of<br />
executives) to Indiana, it is entitled to a credit<br />
against its state tax liability. This credit is equal to<br />
half of the costs incurred in relocating. A company<br />
must have worldwide annual revenue of at least<br />
$100 million to qualify.<br />
Hoosier Business Investment Tax Credit<br />
(HBI)<br />
<strong>The</strong> HBI tax credit encourages capital investment in<br />
Indiana by providing a credit against a company’s<br />
Indiana tax liability. <strong>The</strong> credit amount is based on a<br />
company’s qualified capital investment. <strong>The</strong> final<br />
credit amount is determined by the Indiana<br />
Economic Development Corporation (IEDC) and is<br />
based on an analysis of the economic benefits of the<br />
proposed investment.<br />
.
Indiana<br />
Incentives & Tools<br />
Indiana Tools<br />
iedc.in.gov<br />
Tax Exemptions<br />
Industrial Recovery Tax Credit<br />
<strong>The</strong> Industrial Recovery tax credit provides an<br />
incentive for companies to invest in facilities<br />
requiring significant rehabilitation or remodeling<br />
expenses. After a building has been designated as an<br />
industrial recovery site, companies may be eligible<br />
for a tax credit. <strong>The</strong> credit is calculated as a<br />
percentage (15-25% depending) of the qualified<br />
rehabilitation expenses.<br />
Venture Capital Investment Tax Credit<br />
This tax credit was established to improve access to<br />
capital for fast growing Indiana companies by<br />
providing individual and corporate investors with an<br />
additional incentive to invest in early stage firms.<br />
Investors who provide qualified debt or equity<br />
capital to Indiana companies receive a credit against<br />
their Indiana income tax liability.<br />
Loans<br />
Tax-exempt Bonds<br />
Private Activity Bonds are often called Industrial<br />
Revenue Bonds (IRBs) or Industrial Development<br />
Bonds (IDBs) and are issued by state or local<br />
governmental entities for the benefit of a private<br />
company, usually manufacturers. Interest on the<br />
bonds is generally exempt from federal income taxes<br />
for investors which typically results in lower longterm<br />
interest rates for the borrower.<br />
www.in.gov/ifa/2342.htm<br />
Loan Guaranty Program<br />
IEDC can provide a loan guaranty to a lender for the<br />
benefit of a high-growth/high-skilled company,<br />
manufacturer, rural development project, valueadded<br />
agricultural enterprise, or another type of<br />
business that creates or retains a significant number<br />
of Hoosier jobs.<br />
Capital Access Program (CAP)<br />
CAP is a small business credit enhancement program<br />
that creates a specific cash reserve fund for a lender<br />
to use as additional collateral for loans enrolled in<br />
the Program. CAP allows lenders to consider loans<br />
that might not meet conventional lending<br />
requirements.<br />
Business Tools<br />
International Business in Indiana<br />
Approximately 700 international companies from<br />
over 30 foreign countries have operations in Indiana<br />
providing the opportunity for small businesses to<br />
participate in international trade. Major investing<br />
and trading partners are Japan, the United Kingdom,<br />
Germany, France, Australia, and Taiwan.<br />
International Offices<br />
International offices have been strategically located<br />
in Australia, China, Europe, Japan, Taiwan and the<br />
United Kingdom. Each office has a corresponding<br />
geographic international development specialist<br />
located in Indianapolis to facilitate communications<br />
between companies and overseas office staff.<br />
International Trade Show Assistance<br />
Program (TSAP)<br />
TSAP provides financial assistance for small Indiana<br />
businesses to participate in international trade<br />
shows. TSAP is designed to promote Indiana exports<br />
by encouraging companies to explore overseas<br />
markets.<br />
Regulatory Ombudsman<br />
<strong>The</strong> IEDC's regulatory ombudsman assists in the<br />
process of obtaining permits and approvals<br />
necessary for business operation. <strong>The</strong> ombudsman<br />
acts as a liaison between companies, communities,<br />
local economic development organizations, and<br />
regulatory agencies.<br />
.
<strong>Wayne</strong> <strong>County</strong><br />
Taxes<br />
Indiana State Taxes<br />
iedc.in.gov<br />
Excluded Taxes in Indiana<br />
• Gross Receipts Tax<br />
• Inventory Tax<br />
Corporate Income Tax<br />
<strong>The</strong> corporate Adjusted Gross Income Tax is calculated at a<br />
flat 8.5 percent of adjusted gross income. Adjusted gross<br />
income is a company’s federal adjusted gross income with<br />
certain modifications. Over the next four years, beginning<br />
in 2012, the rate will be reduced by 0.5% each year until<br />
2015. Future Corporate Income Tax rates will be as<br />
follows:<br />
2012 8.0%<br />
2013 7.5%<br />
2014 7.0%<br />
2015 6.5%<br />
This method of determination simplifies tax calculations<br />
for corporations. It does not apply to S corporations and<br />
organizations which are not-for-profit.<br />
Single-Sales Factor<br />
Indiana is phasing in the single-sales factor for<br />
apportioning corporate income tax. Indiana had<br />
determined its share of an interstate or international<br />
corporation’s taxable income by weighing the Indiana<br />
portion of a company’s property and the proportion of its<br />
employees in Indiana. <strong>The</strong> single-sales factor will calculate<br />
the Indiana portion based solely on the portion of a<br />
company’s sales in Indiana. This change will begin with the<br />
2011 tax year.<br />
Sales and Use Tax<br />
Indiana’s Sales and Use Tax is tax is calculated at a rate of 7<br />
percent. In manufacturing, the following are exempt from<br />
the sales tax: raw materials, equipment, power, electricity,<br />
and utilities. Wholesale sales, items used directly in<br />
production, and sales made in interstate commerce are<br />
exempt. In addition, the purchase of research and<br />
development equipment is exempt from the tax.<br />
Patent Income Exemption<br />
Taxpayers are exempt from certain income derived from<br />
qualified utility and plant patents. Qualified taxpayers are<br />
eligible for an exemption of 50 percent of patent income<br />
for each of the first five years. <strong>The</strong> exemption percentage<br />
decreases over the next five years to 10 percent in the<br />
tenth year. <strong>The</strong> total amount of exemptions claimed by a<br />
taxpayer may not exceed $5 million per year. This benefit<br />
is available only to companies with 500 or fewer<br />
employees and includes not-for-profit organizations.<br />
Local Taxes<br />
Property Tax<br />
Real and personal property tax is assessed at 100 percent<br />
of market value. Tax rates and exemptions vary among<br />
local jurisdictions, with key areas averaging a<br />
2.6408 percent tax-rate.<br />
Key Jurisdictional Tax Rates for 2011, Payable<br />
2012<br />
Tax District<br />
Rate<br />
Center Township 2.3270<br />
Harrison Township 1.8896<br />
Jackson Township 1.9756<br />
Jefferson Township 2.0463<br />
<strong>Wayne</strong> Township 1.8714<br />
Boston-Richmond Airport Corporation 2.9914<br />
Cambridge City Corporation 3.2889<br />
Centerville Corporation 3.3200<br />
Hagerstown Corporation 3.6007<br />
Richmond Corporation 3.0974<br />
<strong>County</strong> Adjusted Gross Income Tax (CAGIT)<br />
<strong>The</strong> CAGIT takes 1.25% of adjusted gross personal income<br />
(not imposed on corporations), deducted by employer,<br />
collected by state and reimbursed to county.<br />
<strong>County</strong> Economic Development Income Tax<br />
(CEDIT)<br />
CEDIT takes 0.25% of adjusted gross personal income<br />
which is used for economic development projects in<br />
<strong>Wayne</strong> <strong>County</strong>.<br />
Individual Income Tax<br />
Indiana’s personal income tax is 3.4 percent of federal<br />
adjusted gross income (with certain exemptions and<br />
deductions).
<strong>Wayne</strong> <strong>County</strong><br />
EDIT<br />
What is Economic Development Income Tax (EDIT)?<br />
<strong>The</strong> <strong>Wayne</strong> <strong>County</strong> Economic Development Income Tax (EDIT) collects 0.25% of<br />
adjusted gross personal income for use on economic development projects in<br />
<strong>Wayne</strong> <strong>County</strong>. Fifty percent of the monies collected go to the Consolidated EDIT<br />
Fund managed by county government. <strong>The</strong> remaining fifty percent is returned to<br />
the cities and towns within the county. <strong>The</strong> Consolidated EDIT Fund is used for<br />
project deal making, business retention, and industrial park development. It is<br />
jointly controlled by the Economic Development Corporation Board of Directors<br />
and the <strong>Wayne</strong> <strong>County</strong> Commissioners. Consolidated EDIT revenue collected in<br />
2011 was $1.15 million.<br />
<strong>The</strong> Consolidated EDIT Fund is also the funding source for the Economic<br />
Development Corporation of <strong>Wayne</strong> <strong>County</strong>. This Fund gives us the ability to<br />
provide very competitive incentive packages to prospective companies and allows<br />
us to assist existing businesses with retention and expansion needs.
Accomplishments<br />
Accomplishments
2009 – 2012(YTD) EDC Project Success Summary<br />
2009 2010 2011 2012 Total<br />
Projects Closed 4 7 9 7 27<br />
Jobs Created 77 138 120 50 385<br />
Jobs Retained * 37 54 45 8 144<br />
Related Payroll $3,477,970 $5,771,724 $5,701,242 $1,916,102 $16,876,038<br />
Private Investment $11,460,000 $40,689,000 $26,778,239 $10,999,236 $89,926,475<br />
EDIT Incentives $569,195 $645,725 $535,128 $230,350 $1,980,398<br />
EDIT Incentives per Job $4,993 $3,363 $3,243 $3,972 $3,744<br />
Public/Private Leverage $1.00/$20.13 $1.00/$63.01 $1.00/$50.04 $1.00/$47.75 $1.00/$45.41<br />
EDC EDIT Expenditures<br />
(Incentives and<br />
$1,378,341 $1,333,254 $1,132,000 $943,232 $4,786,827<br />
Administration)<br />
Public/Private Leverage<br />
with Administration<br />
$1.00/$8.31 $1.00/$30.52 $1.00/$23.66 $1.00/$11.66 $1.00/$18.79<br />
Companies Assisted<br />
2009 Projects 2010 Projects 2011 Projects 2012 Projects<br />
Berry Plastics Corp. JM Hutton Manchester Industries Hill’s Pet Nutrition<br />
Richmond Casting Company Vandor Corporation #1 Polymer Source Golden Engineering, Inc.<br />
Osborn International Hagerstown Plastics Primex Plastics Silgan White Cap Corp.<br />
Contract Industrial Tooling Elevator Equipment Company Silgan White Cap Corp. Transilwrap Co.<br />
Transilwrap Co. Grafcor Suncall America, Inc.<br />
B & F Plastics, Inc. Vandor Corporation B & F Plastics, Inc.<br />
Perpetual Recycling Solutions Osborn International Berry Plastics Corp.<br />
<strong>Wayne</strong> Dairy<br />
C.R. England Global Transportation<br />
* Jobs retained are only claimed if it was a retention project with the threat of losing the company, or positions.
2012 News Releases<br />
Golden Engineering, Inc. Expansion Will Lead to New Products Lines<br />
Centerville, IN (March 5, 2012) – Golden Engineering, Incorporated will receive a $15,000 economic<br />
development income tax (EDIT) grant from the Economic Development Corporation (EDC) of <strong>Wayne</strong><br />
<strong>County</strong>. <strong>The</strong> company will use the grant to add 6,400 square feet to their existing facility and upgrade<br />
infrastructure. <strong>The</strong>y will also purchase new manufacturing equipment and provide training for staff. Tim<br />
Rogers, President/CEO of the EDC of <strong>Wayne</strong> <strong>County</strong>, says Golden Engineering is a great project for<br />
<strong>Wayne</strong> <strong>County</strong>. “We are pleased to be able to assist Golden Engineering with their expansion needs.<br />
This is a great example of a growing small business that uses cutting edge technology to produce<br />
products that are sold all over the world.” <strong>The</strong> company designs and manufactures portable X-ray<br />
machines and related equipment used in industrial, security, and forensic investigation applications.<br />
Roger Golden, President of Golden Engineering, says <strong>Wayne</strong> <strong>County</strong> has been a very good location for<br />
their business. “We have found a talented and loyal workforce here. <strong>The</strong> location is convenient for<br />
transporting our products to customers around the world. With easy access to I-70 and three<br />
international airports close by, it is convenient for customers to visit our facility. We are grateful for the<br />
assistance provided by the EDC with this expansion project.”<br />
Golden Engineering plans to invest $702,000 in the project creating two new full-time jobs and bringing<br />
total employment to 27 full-time employees. <strong>The</strong> expansion gives Golden Engineering the space required<br />
to add four new products. Golden says the expansion allows the company to keep all of their operations<br />
in one location, and it gives them the space necessary to better reach the development and<br />
manufacturing potential that exists for their range of products. Centerville Town Council President, Dan<br />
Wandersee, says he’s excited about Golden Engineering’s plans. “We’ll work with them any way we can.<br />
<strong>The</strong>y are an important part of Centerville and we’re glad to see them make a long term commitment to<br />
the community.” Golden Engineering is located on the outside edge of Centerville town boundaries. <strong>The</strong><br />
request for EDIT funds will now go before the <strong>Wayne</strong> <strong>County</strong> Commissioners for their consideration.<br />
About Golden Engineering, Inc.<br />
Golden Engineering, Inc. is a world leader in portable X-ray technology. <strong>The</strong> company designs and<br />
manufactures numerous products that are used in a variety of applications. <strong>The</strong>ir X-ray machines are<br />
used by security personnel to investigate suspicious items, forensic investigators to gather evidence,<br />
industrial technicians for quality control purposes, and even artists and scientists to examine ancient<br />
artifacts. For more information about Golden Engineering, visit their website at<br />
www.goldenengineering.com.<br />
Silgan White Cap Will Increase Technological Advantage with<br />
Purchase of New Equipment<br />
Richmond, IN (April 2, 2012) – Silgan White Cap in Richmond will receive a $29,000 Economic<br />
Development Income Tax (EDIT) Grant from the Economic Development Corporation (EDC) of <strong>Wayne</strong><br />
<strong>County</strong> to purchase new equipment and provide training for employees using the equipment. <strong>The</strong> new<br />
equipment provides a change in technology that will lead to a significant reduction in the materials used<br />
to manufacture the new product. <strong>The</strong> company manufactures metal and plastic caps for the food and<br />
beverage industry.
Mayor Sally Hutton says Silgan White Cap is an important part of the Richmond business community.<br />
“We’re very happy that Silgan White Cap is bringing new technology to the Richmond plant. It’s<br />
important that our existing businesses are able to increase their productivity and efficiency to remain<br />
competitive and keep jobs in our community.” <strong>The</strong> Richmond facility is among the most diversified metal<br />
operating facilities in the Silgan system. <strong>The</strong> facility has the capability of producing steel, aluminum and<br />
composite extruded products.<br />
Silgan White Cap will make a significant investment in the project. Mark Smith, Chair of the EDC of<br />
<strong>Wayne</strong> <strong>County</strong>, says this is the second project the EDC will work on with Silgan White Cap. “<strong>The</strong><br />
company fulfilled the obligations of their previous incentive agreement. We’re thrilled to be able to work<br />
with them again to increase their competiveness, as well as retain a number of full-time jobs.” <strong>The</strong><br />
request for funds will now go before the <strong>Wayne</strong> <strong>County</strong> Commissioners for approval.<br />
About Silgan White Cap<br />
Silgan White Cap’s Richmond facility is a FDA approved facility that manufactures caps for a number of<br />
different food and beverage products globally. As part of strategic investments and the corporate<br />
sustainability program, the Richmond facility recently installed new heating units in one of their bays that<br />
have resulted in substantial energy savings. <strong>The</strong> Richmond facility is one of Silgan White Cap’s eight<br />
manufacturing locations in the U.S. and is essential for efficient distribution to its broad and diverse<br />
customer base.<br />
New Equipment for Transilwrap Company, Incorporated Will Lead to<br />
New Technology and Jobs<br />
Richmond, IN (April 2, 2012) – New manufacturing equipment will increase the technological and<br />
competitive advantage for Transilwrap Company, Incorporated. As a result the company will create 8<br />
new full-time jobs by the end of 2014. <strong>The</strong> EDC of <strong>Wayne</strong> <strong>County</strong> is providing an EDIT grant of $27,000<br />
to assist with the purchase of new equipment. According to Mark Smith, Chair of the EDC Board of<br />
Directors, this is another opportunity for the EDC to work with this company. “It’s important that<br />
companies in <strong>Wayne</strong> <strong>County</strong> remain as competitive as possible in their respective industries. Strong<br />
companies in our community send a message to potential investors that success is possible in <strong>Wayne</strong><br />
<strong>County</strong>.”<br />
Transilwrap’s Richmond facility manufactures laminates and extrusion coatings for a diverse number of<br />
products on a global scale. Richmond Mayor Sally Hutton says, “We’re happy to be able to work with<br />
Transilwrap on this project and look forward to having them in our community for many years to come.”<br />
Transilwrap has been located in Richmond for over 20 years. <strong>The</strong> request for EDIT funds will now go<br />
before the <strong>Wayne</strong> <strong>County</strong> Commissioners for their consideration.<br />
About Transilwrap Company, Incorporated<br />
Products manufactured by Transilwrap Company, Incorporated are used by the medical, dental, banking,<br />
retail and security industries among others, and the company specializes in holograms, transferable or<br />
ultraviolet ink receptive and lamination films. <strong>The</strong> company also has a green line of products that are<br />
biodegradable. In addition to green products, the Richmond facility recycles or sells as much scrap as<br />
possible, sending less than 1% of plastic waste generated to the landfill. <strong>The</strong> Richmond facility is the<br />
largest out of 9 other locations in the United States and Canada, with headquarters in Franklin Park,<br />
Illinois.
Suncall America, Inc. Expansion Will Create 10 New Jobs<br />
Richmond, IN (May 7, 2012) – Suncall America, Inc. in Richmond will receive a $68,500 Economic<br />
Development Income Tax (EDIT) Grant from the Economic Development Corporation (EDC) of <strong>Wayne</strong><br />
<strong>County</strong>. Suncall was recently awarded “new model” work for two new automotive parts. As a result, the<br />
company needs to expand its existing facility to make room for the new equipment and employees.<br />
Suncall will use the grant money to offset the cost of the expansion, purchase and installation of new<br />
equipment, and training for new employees. Mark Smith, Chair of the EDC Board of Directors, says it’s<br />
vitally important that the EDC be able to support businesses with their expansion opportunities.<br />
“Whatever we can do to help companies keep and create jobs in <strong>Wayne</strong> <strong>County</strong> is an important function<br />
of the EDC. <strong>The</strong> competition between communities is fierce and everyone would like to have these types<br />
of projects happening in their cities and towns.”<br />
Total cost of the project is estimated to be over $3 million. <strong>The</strong> project will create 10 new full-time<br />
positions. Hiring could begin early in 2013 with construction and equipment installation completed by<br />
mid to late 2012. Richmond Mayor Sally Hutton says the expansion is good news. “We’re pleased that<br />
Suncall America, Inc. has decided to expand in Richmond. New jobs and new investment is good news<br />
for our community.” <strong>The</strong> request for funds will now go before the <strong>Wayne</strong> <strong>County</strong> Commissioners for<br />
approval.<br />
About Suncall America, Inc.<br />
Suncall is a Japanese company founded in 1943. <strong>The</strong>ir American division consists of facilities located in<br />
Indiana and South Carolina. <strong>The</strong> Richmond location is a Japanese automotive Tier 1 and Tier 2 supplier.<br />
Berry Plastics Corporation in Richmond Purchases New Equipment and<br />
Creates Jobs<br />
Richmond, IN (May 7, 2012) – Berry Plastics Corporation in Richmond will receive a $71,850 Economic<br />
Development Income Tax (EDIT) grant from the Economic Development Corporation (EDC) of <strong>Wayne</strong><br />
<strong>County</strong>. <strong>The</strong> company will be adding new equipment to expand their product lines. <strong>The</strong>y will create 10<br />
new jobs and invest $4.4 million in the project. Mark Smith, Chair of the EDC of <strong>Wayne</strong> <strong>County</strong> Board of<br />
Directors says this is just another example of how important our existing companies are to the<br />
community. “Berry Plastics Corporation is making an investment and creating jobs for our community.<br />
We’re happy to be able to work with them on this project.”<br />
<strong>The</strong> EDIT grant will be used to help offset the cost of the purchase and installation of new equipment and<br />
to assist with the required training of staff. Berry Plastics Corporation has approximately 80 facilities<br />
worldwide. <strong>The</strong> Richmond facility produces packaging for food as well as provides the printing for the<br />
containers. Richmond Mayor, Sally Hutton says this is a great project for the community. “Berry Plastics<br />
has numerous locations where expansions can occur. We’re thrilled they’ve chosen the Richmond<br />
location for this project.” <strong>The</strong> request for funds will now go before the <strong>Wayne</strong> <strong>County</strong> Commissioners.<br />
About Berry Plastics Corporation<br />
Berry Plastics Corporation is a leading manufacturer and marketer of plastic packaging products. <strong>The</strong><br />
company is a major producer of a wide range of products, including open top and closed top packaging,<br />
polyethylene-based plastic films, industrial tapes, medical specialties, flexible packaging, heat-shrinkable<br />
coatings, specialty laminates, and FIBCs. With headquarters in Evansville, Indiana, the company serves<br />
over 13,000 customers, ranging from large multinational corporations to small local businesses. For<br />
additional information, visit the company’s website at www.berryplastics.com.
B & F Plastics, Inc. Adds New Product Line, Creates New Jobs<br />
Richmond, IN (May 7, 2012) – B & F Plastics, Inc. in Richmond will receive a $13,000 Economic<br />
Development Income Tax (EDIT) Grant from the Economic Development Corporation (EDC) of <strong>Wayne</strong><br />
<strong>County</strong>. <strong>The</strong> company will be adding new equipment to expand their product lines. B & F Plastics<br />
manufactures numerous products from thermoplastic and recycled rubber as well as custom plastic<br />
sheet extrusion. <strong>The</strong> company will invest $910,890 and will create 8 new, full-time jobs. <strong>The</strong> grant will be<br />
used to offset the cost of the new equipment. Richmond Mayor Sally Hutton says, “I’m excited to see<br />
this company grow in our community. New jobs and new investment is always good news and we look<br />
forward to working with B & F Plastics far into the future.”<br />
<strong>The</strong> EDC provided an EDIT grant in 2010 to help retain the company in <strong>Wayne</strong> <strong>County</strong>. Mark Smith,<br />
Chair of the EDC Board of Directors says, “This was a retention project for the EDC a couple of years<br />
ago. This year it’s an expansion project. <strong>The</strong> company fulfilled the requirements of their previous grant<br />
well ahead of their deadline. We’re happy to be able to work with them again and glad to have the<br />
expansion, investment and new jobs here in <strong>Wayne</strong> <strong>County</strong>.” <strong>The</strong> request for EDIT funds will now go<br />
before the <strong>Wayne</strong> <strong>County</strong> Commissioners for their consideration.<br />
About B & F Plastics, Inc.<br />
B & F Plastics opened in 1988 as a screen printing company focused on signs and displays. Shortly<br />
after opening, the company began producing their own substrate materials and custom compounded<br />
materials that are used in a wide range of industries including recreation and RV, construction, office<br />
supplies, automotive and truck products, and gardening and agriculture supplies, among others.<br />
Since January of 2009, the Economic Development Corporation of <strong>Wayne</strong> <strong>County</strong>, through its EDIT fund<br />
has assisted 27 businesses in their commitment to the retention and creation of over 525 jobs. <strong>The</strong>se<br />
projects have resulted in nearly $90 million in new private investment in <strong>Wayne</strong> <strong>County</strong>. <strong>The</strong> county’s<br />
consolidated EDIT fund comes from funding provided by partnering towns in <strong>Wayne</strong> <strong>County</strong> who have<br />
agreed to provide half of their EDIT proceeds yearly for county-wide economic development. Partners in<br />
county-wide economic development currently include the towns of Cambridge City, Centerville, East<br />
Germantown, Economy, Hagerstown, Milton, Mt. Auburn, Richmond, Whitewater and <strong>Wayne</strong> <strong>County</strong>.
Economic Development Corporation of <strong>Wayne</strong> <strong>County</strong><br />
www.edcwc.com<br />
500 South A Street, Suite 2<br />
Richmond, Indiana 47374<br />
765-983-4769<br />
Fax: 765-966- 8956<br />
2011<br />
Annual Report
BUSINESS DEVELOPMENT<br />
In 2011, the EDC of <strong>Wayne</strong> <strong>County</strong> participated in nine projects creating<br />
or retaining 165 jobs. Related payroll associated with these projects reached<br />
$5.7 million. Private investment as a result of these projects was over $26<br />
million. (For more information please see EDC Project Successes located on<br />
the following page of the annual report.)<br />
Retention and Expansion Projects<br />
Manchester Industries<br />
Manchester Industries is a paper converter located in Hagerstown. <strong>The</strong> EDC<br />
assisted the company in purchasing a new paper trimmer with automatic<br />
<br />
the company to increase business. <strong>The</strong> EDC provided an EDIT grant of $5,000<br />
used to assist with the purchase, installation, and set-up of the new paper<br />
trimmer. <strong>The</strong> company will retain 27 jobs.<br />
#1 Polymer Source<br />
#1 Polymer Source is a<br />
company specializing in<br />
recycling and reuse services.<br />
<strong>The</strong> EDC provided an EDIT<br />
grant of $5,000 to assist<br />
with the purchase of new<br />
equipment that included a<br />
toll grinding machine and<br />
dust collection system.<br />
To accommodate the new<br />
equipment the company had<br />
to raise ceilings, upgrade<br />
the lighting, widen door<br />
openings, upgrade existing<br />
electrical systems and<br />
construct a new truck dock. In addition, the company also purchased weight<br />
scales, a conveyer system, new grinder blades and a new fork truck investing<br />
a total of $119,500. As part of the project they will create 4 new jobs bringing<br />
their employment total to 8.<br />
Primex Plastics Corporation<br />
Primex Plastics expanded their<br />
accounting department, purchased<br />
new equipment and upgraded<br />
existing equipment at their<br />
Richmond facility, investing<br />
$3.8 million and creating 10 new<br />
jobs. <strong>The</strong> EDC provided an EDIT<br />
grant of $60,000 to assist with<br />
the project. <strong>The</strong> expansion added<br />
<br />
<strong>The</strong> company also purchased new<br />
lab equipment and an extruder.<br />
Upgrades to existing equipment<br />
included shears, conveyers, and<br />
blenders. Primex Plastics makes<br />
products for automotive, marine,<br />
RV, food and medical industries,<br />
as well as indoor/outdoor displays<br />
and signage.<br />
Silgan White Cap<br />
<br />
operating facilities in the Silgan system. <strong>The</strong> company manufactures metal and<br />
plastic caps for the food and beverage industry. <strong>The</strong> EDC provided an EDIT<br />
grant of $16,128 to assist with the purchase of new equipment that upgraded<br />
one of the company’s composite cap production lines. This upgrade allowed<br />
the company to further diversify their product line and expand their customer<br />
base. Three new jobs were created as a result of the project. New equipment<br />
included a new vertical curing oven, liner equipment and a conveyer system.<br />
Silgan White Cap is a FDA approved facility that manufactures food and<br />
beverage products globally.<br />
Grafcor, Inc.<br />
A division of Innomark Communications, Grafcor, Incorporated in Richmond<br />
received a $24,000 EDIT grant from the EDC to purchase and install new<br />
printing presses. Grafcor prints large format, point-of-sale (POS) displays<br />
for the global retail sector. <strong>The</strong> company invested $265,000 and retained 18<br />
jobs. <strong>The</strong> new equipment helped the company become more competitive in an<br />
increasingly competitive market. Among the products the company has done<br />
print projects for include food, apparel, auto parts, and housewares. Customers<br />
include Walmart, American Eagle, Gap, Aeropostale, and Abercombie and<br />
Fitch, among others.<br />
Vandor – Starmark Product Line<br />
Vandor Corporation expanded their<br />
Starmark funeral services line and their<br />
injection molding operation investing<br />
$2.7 million and creating 30 new<br />
jobs. <strong>The</strong> injection molding expansion<br />
allows the company to manufacture<br />
two-shot injection molded parts. <strong>The</strong><br />
EDC provided an EDIT grant for<br />
$52,000 to assist with the purchase<br />
and installation of new equipment, as<br />
well as training for new employees.<br />
<br />
companies to locate in the Midwest<br />
Industrial Park. Starmark products<br />
have been marketed under the Vandor<br />
Corporation umbrella since 2004. Starmark provides products nationwide to<br />
the funeral service industry including funeral homes, crematories and a limited<br />
number of casket distributors.<br />
Osborn International<br />
Osborn International, a division of<br />
Jason Finishing <strong>Group</strong>, expanded<br />
by relocating a product line and the<br />
company’s IT Department to the<br />
Richmond facility. <strong>The</strong> company<br />
will invest $4.6 million and create 23<br />
new jobs bringing their employment<br />
total to 182 employees. <strong>The</strong> EDC<br />
provided an EDIT grant of $83,000<br />
to assist with the installation of<br />
equipment and renovations to<br />
the existing building. This is the<br />
second expansion for the company<br />
in two years. Osborn International<br />
manufactures wire, polishing buffs<br />
and maintenance brushes. Products<br />
<br />
cleaning, honing and polishing. Brushes are made for products ranging from<br />
brooms and paint brushes, to brushes used in manufacturing processes.<br />
<strong>Wayne</strong> Dairy Products, Inc.<br />
<strong>The</strong> EDC provided an EDIT grant of<br />
$200,000 to assist with an expansion<br />
project at <strong>Wayne</strong> Dairy Products,<br />
manufacturer of premium dairy products<br />
under the SMITH’S brand. <strong>The</strong> company<br />
will invest $12 million and create 11 new<br />
jobs. <strong>The</strong> EDIT grant will be used to assist<br />
with the installation of equipment for new<br />
<br />
packaging. <strong>Wayne</strong> Dairy produces a<br />
variety of co-manufactured products<br />
including ice cream, milk, eggnog, juices<br />
and drinks, as well as Ruggles premium<br />
brand ice cream. Milk for products<br />
is provided by local dairy farms over<br />
an eighty mile area. <strong>Wayne</strong> Dairy ships products as far as Texas. Richmond<br />
competed successfully with other Midwest locations for this expansion project.
New Investment<br />
C. R. England Global Transportation<br />
One of the nation’s largest refrigerated trucking companies and premier<br />
commercial truck driving schools, C. R. England Global Transportation,<br />
announced they would locate a new instructional facility in Richmond. <strong>The</strong><br />
company located their facility in the Rose City Business Park, investing $2.2<br />
million and will create 35 new jobs. <strong>The</strong> existing building will be used for<br />
<br />
driving range and will potentially house a future Commercial Driver’s License<br />
(CDL) testing center. <strong>The</strong> EDC provided a $90,000 EDIT grant to assist with<br />
renovations to the existing building and land improvements, as well as training<br />
for new employees. <strong>The</strong> company announced it will use the grant money as<br />
well as match the grant for a total of $180,000 to provide residents of <strong>Wayne</strong><br />
<strong>County</strong> coverage of tuition to attend C. R. England’s school with a six month<br />
driving commitment from the student.<br />
BY THE NUMBERS - EDC Project Successes<br />
In 2011, the EDC partnered with nine companies creating over $26 million in<br />
new, private investment in <strong>Wayne</strong> <strong>County</strong>. For every $1.00 of EDIT funding<br />
expended in 2011, $23.66 from the private sector was invested. Through these<br />
projects 165 jobs were projected to be created or retained.<br />
Projects Closed<br />
Jobs Created<br />
Jobs Retained *<br />
Related Payroll<br />
Private Investment<br />
EDIT Incentives<br />
EDIT Incentives per Job**<br />
Public/Private Leverage<br />
EDC EDIT Expenditures<br />
(Incentives and Administration)<br />
Public/Private Leverage with<br />
Administration<br />
2009-2011 EDC PROJECTS<br />
2009 2010 2011 Total<br />
4 7 9 20<br />
77 138 120 335<br />
37 54 45 136<br />
$3,477,970 $5,771,724 $5,701,242 $14,950,936<br />
$3,477,970 $40,689,000 $26,778,239 $78,927,239<br />
$569,195 $645,725 $535,128 $1,750,048<br />
$4,993 $3,363 $3,243 $3,866**<br />
$1.00/$20.13 $1.00/$63.01 $1.00/$50.04 $1.00/$45.10<br />
$1,378,341 $1,333,254 $1,132,000 $3,843,595<br />
$1.00/$8.31 $1.00/$30.52 $1.00/$23.66 $1.00/$20.53<br />
Graph shows data collected on projects, incentives and investment for 2009, 2010 and 2011.<br />
*Claimed only if there was a threat of losing the company.<br />
INDUSTRIAL PARK DEVELOPMENT<br />
MARKETING<br />
Technological advances in electronic marketing provide more and more<br />
opportunities to target and track efforts. In 2011, the EDC took major strides to<br />
begin incorporating electronic marketing into its marketing strategy to promote<br />
<strong>Wayne</strong> <strong>County</strong> as a great place to do business. Information gathered through<br />
<br />
audiences for the EDC continue to be site consultants and company site location<br />
decision makers in targeted industry sectors. Those sectors include plastics;<br />
metal stamping and fabrication; alternative and renewable energy component<br />
manufacturing; distribution and logistics; and food processing.<br />
Website – Homepage Redesign<br />
With site selectors and company site location representatives in mind, the<br />
homepage for the EDC’s website was redesigned. <strong>The</strong> new look incorporates<br />
<br />
of available sites and buildings and by clicking on the respective icon, more<br />
information is provided about the chosen site or building. Testimonials from<br />
local business owners and managers provide information about why <strong>Wayne</strong><br />
<strong>County</strong> is a great location for their company. A toggle bar provides the ability to<br />
control any of these features, as well as to switch to a map showing the location<br />
of <strong>Wayne</strong> <strong>County</strong> within the United States. Additionally, easy access has been<br />
provided to the Building and Sites Database for searches based on a visitor’s<br />
<br />
Food Processing Micro-Site Campaign<br />
Using both direct mail and electronic marketing, the EDC reached out to<br />
nearly 5,000 food processing or related companies. Visually strong artwork<br />
<br />
<strong>Wayne</strong> <strong>County</strong> and Indiana. <strong>The</strong> postcards directed the recipient to a specially<br />
designed micro-site providing detailed information and data on why <strong>Wayne</strong><br />
<strong>County</strong> is a good location for food processors, as well as testimonials from food<br />
related companies already located in <strong>Wayne</strong> <strong>County</strong>. By industry standards<br />
for electronic marketing the initial results were encouraging. In addition, the<br />
campaign itself received media coverage from the Chicago Tribune and the<br />
Building Indiana News Blog, as well as other local media outlets. <strong>The</strong> campaign<br />
ran from October to December in 2011. From the postcard mailing list targeted<br />
at food processors, the micro-site saw 389 unique visits, of which 82.52% of<br />
<br />
Phase II – Midwest Industrial Park<br />
Work on Phase II of the Midwest Industrial Park, which began in 2010, continued<br />
<br />
Development Corporation responsible for economic development for the State of<br />
<br />
included the collaboration of the City of Richmond, the Richmond Redevelopment<br />
Commission, Richmond Common Council, the <strong>Wayne</strong> <strong>County</strong> Drainage<br />
Board and the <strong>Wayne</strong> <strong>County</strong> Commissioners, as well as the EDC. Due to the<br />
cooperation and work by these various entities, ground was broken in 2012 to<br />
begin construction on roads, utilities and stormwater detention. Once construction<br />
<br />
space adjacent to Interstate 70, and with rail access, to market for new and existing<br />
business investment.<br />
PARTNERS IN ECONOMIC DEVELOPMENT<br />
Cambridge City<br />
Centerville<br />
East Germantown<br />
Economy<br />
Hagerstown<br />
Milton<br />
Mount Auburn<br />
Richmond<br />
Whitewater<br />
<strong>Wayne</strong> <strong>County</strong>
Letter From <strong>The</strong> Chair<br />
2011 was an exciting year for<br />
the EDC in that we were able to<br />
partner with nine companies in their<br />
expansion and/or retention projects<br />
as well as one new attraction project.<br />
<strong>The</strong>se companies have projected<br />
investments of over $26 million and<br />
are responsible for the retention and<br />
creation of 165 jobs.<br />
Existing business is the life blood<br />
of any community and we want<br />
to express our sincere thanks and<br />
gratitude to these companies for<br />
their efforts and beliefs in the <strong>Wayne</strong><br />
<strong>County</strong> community:<br />
We were also very pleased to announce that a new company, C.R. England Global<br />
Transportation, has decided to locate a training facility in the Rose City Business<br />
Park. C. R. England trains commercial truck drivers, a much needed skill set not<br />
only in our community, but in the nation. <strong>The</strong>re are several other projects that we<br />
are working on, but economic development does not have overnight success. It<br />
may take a year or two, and perhaps even longer, for a project to unfold.<br />
In 2011 we undertook a number of marketing initiatives:<br />
<br />
<br />
<br />
<br />
<br />
industry targets. Using both direct mail and electronic marketing, we reached out<br />
to nearly 5,000 food processing or related companies. Preliminary results were<br />
encouraging<br />
<br />
website is dedicated to meet site selector needs.<br />
During 2011 work continued on Phase II of the Midwest Industrial Park.<br />
<br />
Redevelopment Commission, <strong>Wayne</strong> <strong>County</strong> Commissioners, and the <strong>Wayne</strong><br />
<br />
<br />
A groundbreaking ceremony was recently held and construction of roads and<br />
infrastructure is underway.<br />
<br />
<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce. As with any new venture, it had its<br />
ups and downs. But Tim, through many hours of hard work and dedication, has<br />
shown that both organizations can succeed.<br />
<strong>The</strong> general public, for the most part, does not realize the time and effort that<br />
goes into economic development. That it’s imperative we have paid professionals<br />
<br />
might be able to bring that new business to our community, and in addition, who<br />
stays in contact with the existing business community to understand their needs<br />
as well. With that said, it has been my pleasure to have worked with Tim Rogers<br />
who is the utmost professional. It also takes a hard working and dedicated staff<br />
to succeed and we had that in Valerie Shaffer, Renee Doty, Norene Groth and<br />
Brittany Pennington. Thanks to you all for a great year.<br />
Unfortunately, near the end of 2011 we said good-bye to Valerie Shaffer, who<br />
took a position with the Indiana Economic Development Corporation and Norene<br />
Groth, who took a position with the <strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce.<br />
We welcome new Vice President of Business Development, Jeana Davis and new<br />
Development Coordinator, Alaina Geres to the EDC staff.<br />
<br />
community - be sure, in some fashion, we are all involved in economic<br />
development in the way we project our attitude, be it positive or negative. So<br />
<br />
It has been my pleasure to have had the opportunity to chair the 2011 EDC Board<br />
of Directors for this hard working, community-minded organization.<br />
Gary Hackman, Chairman 2011<br />
EDC Board of Directors<br />
and their Appointing Entities<br />
2011<br />
Chair – Gary Hackman (City of Richmond, Mayor)<br />
Vice Chair – Steve Holman (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
<br />
Secretary – Mark Smith (Centerville)<br />
Past Chair – Kevin Ahaus (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
<br />
Kyle Clark (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Nancy Green (City of Richmond, Mayor)<br />
Brett Guiley (City of Richmond, Common Council)<br />
Jim Cohen (Cambridge City)<br />
Chad Semler (Hagerstown)<br />
Bob Powell (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Tracie Robinson (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
2012<br />
Chair – Mark Smith (Centerville)<br />
Vice Chair – Tracie Robinson (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
<br />
Secretary – Jim Cohen (Cambridge City)<br />
Past Chair - Gary Hackman (City of Richmond, Mayor)<br />
<br />
Lee Elzemeyer (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Kyle Clark (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Nancy Green (City of Richmond, Mayor)<br />
Brett Guiley (City of Richmond, Common Council)<br />
Chris LaMar (Hagerstown)<br />
Bob Powell (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Kevin Ahaus (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
EDC Staff<br />
Tim Rogers – President/CEO<br />
Jeana Davis – Vice President of Business Development<br />
<br />
Alaina Geres – Development Coordinator<br />
Brittany Pennington – Administrative Assistant
Economic Development Corporation of <strong>Wayne</strong> <strong>County</strong><br />
2010<br />
Annual Report<br />
www.edcwc.com<br />
500 South A Street, Suite 2, Richmond, Indiana 47374 • 765-983-4769 • Fax: 765-966-8956
BUSINESS DEVELOPMENT<br />
<strong>The</strong> EDC of <strong>Wayne</strong> <strong>County</strong> continued to partner with our existing<br />
businesses in 2010 working with 7 companies in expansion or retention<br />
projects. <strong>The</strong> EDC was also happy to announce the location of a<br />
new business in our community. Perpetual Recycling Solutions will<br />
locate in the former General Aluminum building.<br />
J. M. Hutton Company ~ J. M.<br />
Hutton was outsourcing segments<br />
of their work to companies<br />
outside of <strong>Wayne</strong><br />
<strong>County</strong> when they saw an opportunity<br />
that would allow<br />
them to expand and create<br />
new jobs by bringing that<br />
work in house. <strong>The</strong>y needed<br />
new equipment and additional<br />
space. <strong>The</strong> EDC provided<br />
an EDIT grant of<br />
$18,080 to assist with the<br />
purchase of a new building<br />
and necessary equipment. <strong>The</strong> company invested over $675,000 in the<br />
project and will create 11 full-time jobs. J. M. Hutton has the distinction of<br />
being the oldest casket manufacturer in the U.S. operating out of the same<br />
location and under the same name since its inception.<br />
Perpetual Recycling Solutions, LLC ~ Following a lengthy search using<br />
a site selection consultant, Perpetual Recycling Solutions announced<br />
they would be making Richmond their home for a new, state-of-the-art<br />
plastics recycling company. <strong>The</strong> company will locate in the former<br />
General Aluminum building that was vacated in 2008. <strong>The</strong> EDC provided<br />
an EDIT grant of $350,000 and the City of Richmond provided an<br />
EDIT grant of $125,000, both to be used to reimburse the company for<br />
expenses related to the purchase of machinery and equipment, as well<br />
as the purchase and renovation of real estate. <strong>The</strong> company will invest<br />
$25 million that will include improvements to the 100,000 square foot<br />
building and will create 55 new jobs by 2012 with an annual payroll of<br />
$2 million. <strong>The</strong> Indiana Economic Development Corporation also<br />
provided up to $550,000 in performance-based tax credits and up to<br />
$50,000 in training grants based on the company’s job creation plans.<br />
Perpetual Recycling Solutions recycles plastic food and beverage<br />
containers into FDA grade clean flake for re-use by food and beverage<br />
container manufacturers. When completed, the plant will be capable<br />
of converting over 130 million pounds of previously landfilled<br />
food and beverage containers, which is the equivalent of<br />
1 billion plastic bottles.<br />
Transilwrap Company, Inc. ~ If<br />
you’ve eaten at a restaurant,<br />
bought plants for your garden or<br />
used a snow board there’s a good<br />
chance you’ve come in contact<br />
with something made from<br />
Transilwrap’s Richmond facility.<br />
When the company had an<br />
opportunity to expand their<br />
product line, the EDC provided<br />
an EDIT grant of $45,000 to assist<br />
with the purchase of new<br />
equipment and training of new<br />
employees. <strong>The</strong> company invested<br />
$2.5 million and will<br />
create 10 full-time jobs. Transilwrap’s<br />
Richmond facility manufactures<br />
laminates and extrusion<br />
coatings for a diverse number of products on a global scale. Additionally,<br />
the company specializes in holograms, transferable or ultraviolet ink<br />
receptive and lamination films. <strong>The</strong> company also has a green line of<br />
products that are biodegradable. Richmond’s facility is among the largest<br />
out of 9 other locations in the United States and Canada, with<br />
headquarters in Franklin Park, Illinois.<br />
B & F Plastics, Inc. ~ When the<br />
opportunity to purchase B & F<br />
Plastics arose, a local management<br />
group sought to purchase<br />
the plant where over 50 people<br />
are employed providing a<br />
payroll of nearly $2 million. If<br />
unsuccessful, the group knew<br />
the company’s assets could be<br />
separated and sold at auction,<br />
ultimately resulting in the<br />
company’s closure and a loss of<br />
the existing jobs and investment.<br />
<strong>The</strong> EDC provided an<br />
EDIT grant of $200,000 to assist the local management group in their<br />
efforts to purchase the company and keep the operations and the existing<br />
jobs in <strong>Wayne</strong> <strong>County</strong>. Additionally, with the purchase of the<br />
company, over 20 new jobs are being created. B & F Plastics opened as a<br />
screen printing company focused on signs and displays. Shortly after<br />
opening, the company began producing their own substrate and custom<br />
compounded materials that are used in a wide range of industries including<br />
recreation and RV, construction, office supplies, automotive and<br />
truck products, and gardening and agriculture supplies among others.<br />
Reel Options, Division of Vandor ~ <strong>The</strong><br />
Reel Options brand was developed by<br />
Vandor in 2000. Reel Options was created<br />
to manufacture packaging reels injection<br />
molded from reprocessed plastic,<br />
primarily for the electrical conductor,<br />
wire and cable and cordage and hose<br />
industries. <strong>The</strong> company wanted to<br />
expand its product line by offering<br />
plywood reels and utility spools. <strong>The</strong><br />
EDC provided an EDIT grant of $15,640<br />
to assist with the installation of new<br />
equipment and the training of new<br />
employees. <strong>The</strong> company invested<br />
$975,000 and will create 16 full-time<br />
jobs.<br />
Hagerstown Plastics ~ Hagerstown Plastics, located in Richmond, saw an<br />
opportunity to expand their business through the expansion of another<br />
company. When Tiedemann-Bevs Industries built a new facility in the Midwest<br />
Industrial Park, their former location became available. Hagerstown<br />
Plastics needed a larger space to be able to run multiple machines and increase<br />
overall efficiency which would then allow them to bring in new<br />
work. <strong>The</strong> company manufactures a wide range of injection molded products<br />
as well as other services. <strong>The</strong> company invested $260,000 and will create<br />
6 new, full-time jobs. <strong>The</strong> EDC provided an EDIT grant of $6,825 to<br />
assist with the purchase and renovation of the new facility and to train new<br />
employees. <strong>The</strong> company will use the smaller building for warehousing.<br />
Elevator Equipment Company ~ This<br />
company was awarded a three-year<br />
contract, with the possibility of renewal<br />
at the end of the term, to manufacture<br />
quality hydraulic jacks for a<br />
major elevator equipment manufacturing<br />
company. As a result, the company<br />
needed new machinery, to hire<br />
14 full-time employees and invested<br />
$150,000. <strong>The</strong> EDC provided an EDIT<br />
grant of $10,180 to assist with the purchase<br />
and installation of new equipment<br />
and the training of new<br />
employees. <strong>The</strong> company manufactures hydraulics for the passenger and<br />
freight elevator industry and serves various markets throughout the<br />
United States. <strong>The</strong>y provide elevator components, control valves, and elevator<br />
systems for passenger and freight customers as well as manufacturing<br />
services.
By the Numbers - EDC Project Successes<br />
In 2010 the EDC partnered with 8 companies creating $40,839,000 in<br />
new, private investment. For every $1.00 of EDIT funding expended in<br />
2010, $30.50 from the private sector was invested. Through these projects,<br />
193 jobs are projected to be created or retained.<br />
Projects Closed<br />
Jobs Created<br />
*Jobs Retained<br />
Related Payroll<br />
Private Investment<br />
EDIT Incentives<br />
2009-2010 EDC PROJECTS<br />
2009 2010 Total<br />
4 8 12<br />
77 139 216<br />
37 54 91<br />
$3,477,970 $5,794,604 $9,272,574<br />
$11,460,000 $40,839,000 $52,299,000<br />
$569,195 $650,725 $1,219,920<br />
Public/Private Leverage $1.00/$20.13 $1.00/$62.76 $1.00/$42.87<br />
EDC EDIT Expenditures<br />
(Incentives and Administration)<br />
$1,378,341 $1,338,254 $2,716,595<br />
Public/Private Leverage<br />
with Administration<br />
$1.00/$8.30 $1.00/$30.50 $1.00/$19.25<br />
Graph shows data collected on projects, incentives and investment for 2009 and 2010.<br />
* Claimed only if there was a threat of losing the company.<br />
MARKETING<br />
Work on the target industry report was wrapped up at the end of 2010.<br />
<strong>The</strong> EDC will market our community to 4 specific industries identified in<br />
the target report as good matches for <strong>Wayne</strong> <strong>County</strong>. Those industries<br />
include: food processing, distribution and logistics, alternative energy<br />
component manufacturing, specifically the wind industry, and metal fabrication<br />
for the transportation industry. <strong>The</strong> EDC will also market to the<br />
plastics industry, which is an active cluster in <strong>Wayne</strong> <strong>County</strong>. Marketing<br />
will include a personalized URL campaign, trips to related site selection<br />
firms and companies with potential expansion plans, and targeted industry<br />
conferences.<br />
Marketing Materials:<br />
Website – During the coming year the EDC will make some design<br />
changes to the homepage of the website. <strong>The</strong> revisions are designed to<br />
create a more user friendly experience. <strong>The</strong> EDC will also work with<br />
IronGate Creative from Hagerstown to create a mobile version of the<br />
website to allow the site to be easily accessed from smart phones.<br />
Fact Book Map – A map of Richmond and <strong>Wayne</strong> <strong>County</strong> was designed<br />
exclusively for the EDC and highlights the features important<br />
to site selectors. <strong>The</strong> map is designed to be either a component of the<br />
Fact Book or to be used as a stand-alone piece.<br />
COMMUNITY DEVELOPMENT<br />
Milton Wastewater Treatment Project<br />
Milton broke ground on<br />
the construction of their<br />
wastewater project in<br />
2010. <strong>The</strong> town received<br />
over $5 million in grant<br />
funding from the<br />
Community Development<br />
Block Grant program as<br />
well as the State Revolving<br />
Loan program. Work<br />
has been continuing and<br />
the project is slated for<br />
completion in the summer of 2011. Funding from the two state programs<br />
will help keep monthly rates for residents down to around $65 and the<br />
water quality for residents in the town will be greatly improved.<br />
Phase II Development for the Midwest Industrial Park<br />
Throughout 2010 the EDC<br />
worked with the City of Richmond<br />
to prepare Phase II of the<br />
Midwest Industrial Park for development.<br />
Efforts included<br />
subdivision of the 166 acre<br />
parcel into smaller lot sizes that<br />
are more adaptable to the needs<br />
of developers as well as<br />
determining the location of a<br />
potential rail spur, roads, utility<br />
lines and retention ponds.<br />
<strong>The</strong>se efforts will also aid in<br />
seeking shovel ready certification<br />
from the Indiana Economic<br />
Development Corporation.<br />
Print Ads – <strong>The</strong> above ad ran in Site Selection Magazine, the official<br />
publication of the Industrial Asset Management Council, which the<br />
EDC is a member. <strong>The</strong> ad features personal testimony from local business<br />
owners and was placed in a special shovel ready section of the<br />
magazine highlighting <strong>Wayne</strong> <strong>County</strong>’s shovel ready certified park.<br />
EDC E-News Update – <strong>The</strong> EDC continues to provide a quarterly electronic<br />
newsletter that includes information regarding company activity,<br />
important information for businesses, cost of living data and<br />
available properties. To sign up to receive the newsletter go to<br />
www.edcwc.com and click on the EDCWC E-News Updates link.<br />
PARTNERS IN ECONOMIC DEVELOPMENT<br />
Cambridge City<br />
Centerville<br />
East Germantown<br />
Economy<br />
Hagerstown<br />
Milton<br />
Mount Auburn<br />
Richmond<br />
Whitewater<br />
<strong>Wayne</strong> <strong>County</strong>
Letter From <strong>The</strong> Chairman<br />
In 2010, the EDC continued creating employment for <strong>Wayne</strong> <strong>County</strong> by helping existing business<br />
and looking for new business opportunities. Staff was focused under Tim Rogers’ direction<br />
as he settled into his second full year. Tim and Valerie Shaffer continued to meet with employers<br />
around the county to make sure we were serving all business needs. This helped us work<br />
with companies in the county including:<br />
• JM Hutton - grant to assist in expansion<br />
• Reel Options (Vandor) – grant to expand capacity<br />
• Hagerstown Plastics – grant to increase efficiency leading to an increase in business<br />
• Elevator Equipment Company - grant to assist in expansion<br />
• Transilwrap – grant to bring in new equipment, expand their facilities and business<br />
• B & F Plastics - grant to transition into new ownership and keep a core business from<br />
relocating outside the county and state<br />
A new business, Perpetual Recycling Solutions, has the potential to be a great corporate<br />
partner. We need a company like Perpetual that focuses on the Community and its Citizens<br />
with employment opportunities, new construction and state-of-the-art equipment. Upon<br />
completion, Perpetual will establish an environment of a community friendly business and<br />
sustainability that will lead all Americans.<br />
One of our major undertakings was the completion of the EDC Marketing Plan. This plan will allow the staff and directors to<br />
stay focused in the future. Our major market focuses are:<br />
• Marketing our target industries as identified by the recent target industry analysis.<br />
• Creating a higher profile for <strong>Wayne</strong> <strong>County</strong> through increased use of electronic media.<br />
• Strengthening the message that <strong>Wayne</strong> <strong>County</strong> is a great place to do business.<br />
At the end of 2010, the EDC entered into a relationship that will provide centralized leadership in <strong>Wayne</strong> <strong>County</strong> economic<br />
development and business support. <strong>The</strong> contractual relationship with the <strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce is a good<br />
step to focus on fiscal responsibility and communication between community leaders and business. Both boards stressed equity<br />
and responsibility between the organizations while carefully weighing the individual goals of each. We finalized this contract at<br />
the start of 2011.<br />
It was a pleasure to work with Tim, Valerie, Renee Doty and Norene Groth. Renee’s work in community affairs, communication<br />
responsibilities and searching for new grant opportunities will give us access to avenues not yet recognized. Norene’s office<br />
management, training and financial responsibilities continue to help the everyday activities and fiscal responsibility the<br />
community expects. We also need to recognize key sponsors that help our educational development. We want to thank Hoosier<br />
Energy, Whitewater Valley REMC and Indiana Municipal Power Agency for their continued support of training through<br />
Economic Development Institute classes. This builds a strong background that will pay dividends.<br />
As a community we need to be proud of our past and future. This is a great community that works hard and is a great place to live.<br />
Thank you for allowing me to lead the Economic Development Corporation of <strong>Wayne</strong> <strong>County</strong> in 2010.<br />
Kevin Ahaus, Chairman 2010<br />
EDC Board of Directors<br />
and their Appointing Entities<br />
2010 Officers<br />
Chair – Kevin Ahaus (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Vice Chair – Gary Hackman (City of Richmond, Mayor)<br />
Treasurer – Joe Chamness (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Secretary – Steve Holman (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Past Chair – Jeff Jackson (<strong>Wayne</strong> <strong>County</strong>, Council)<br />
Board<br />
Donna Spears (City of Richmond, Mayor)<br />
Brett Guiley (City of Richmond, Common Council)<br />
Roger Kem (Cambridge City)<br />
Mark Smith (Centerville)<br />
Chad Semler (Hagerstown)<br />
Bob Powell (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Rhett Baumgartner (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
2011 Officers<br />
Chair – Gary Hackman (City of Richmond, Mayor)<br />
Vice Chair – Steve Holman (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Treasurer – Jeff Jackson (<strong>Wayne</strong> <strong>County</strong>, Council)<br />
Secretary – Mark Smith (Centerville)<br />
Past Chair – Kevin Ahaus (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Board<br />
Kyle Clark (<strong>Wayne</strong> <strong>County</strong>, Commissioners)<br />
Nancy Green (City of Richmond, Mayor)<br />
Brett Guiley (City of Richmond, Common Council)<br />
Jim Cohen (Cambridge City)<br />
Chad Semler (Hagerstown)<br />
Bob Powell (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
Tracie Robinson (<strong>Wayne</strong> <strong>County</strong> Area Chamber of Commerce)<br />
EDC Staff<br />
Tim Rogers, President/CEO<br />
Valerie Shaffer, Vice President of Business Development<br />
Renee Doty, Manager of Community Affairs<br />
Norene Groth, Development Coordinator<br />
Brittany Pennington, Administrative Assistant
Additional<br />
Information<br />
Additional<br />
Information
Client<br />
Requests<br />
Client<br />
Requests
Maps<br />
Maps
Map the Possibilities
R A N D O L P H<br />
C O U N T Y<br />
F A Y E T T E C O U N T Y H E N R Y C O U N T Y<br />
INDIANAPOLIS<br />
(73 MILES)<br />
Dublin<br />
N<br />
Mount<br />
Auburn<br />
Cambridge<br />
City<br />
Hagerstown<br />
1<br />
Milton<br />
C&NC Railroad<br />
Exit 137<br />
Gateway<br />
Industrial<br />
Park<br />
East<br />
Germantown<br />
1<br />
35<br />
Nettlecreek<br />
Business Park<br />
Norfolk Southern Railroad<br />
Economy<br />
38<br />
Greens<br />
Fork<br />
Midwest<br />
Industrial Park<br />
Centerville<br />
Northwest<br />
Industrial Park<br />
CINCINNATI, OH<br />
(60 MILES)<br />
F A Y E T T E C O U N T Y U N I O N C O U N T Y<br />
Exit 145<br />
35<br />
Exit 149<br />
27<br />
Fountain<br />
City<br />
Richmond<br />
27<br />
Earlham<br />
College<br />
Exit 151<br />
IU East /<br />
Ivy Tech<br />
Purdue<br />
Reid<br />
Hospital<br />
Whitewater<br />
227<br />
Norfolk Southern Railroad<br />
Eastern Indiana<br />
Industrial Park<br />
Indiana Eastern Railroad (CSX)<br />
Exit 153<br />
Boston<br />
DAYTON, OH<br />
(40 MILES)<br />
Richmond<br />
Municipal<br />
Airport<br />
Exit 156<br />
STATE OF OHIO<br />
P R E B L E C O U N T Y D A R K E C O U N T Y<br />
<strong>Wayne</strong> <strong>County</strong>’s location provides a<br />
number of different alternatives for<br />
distribution and transportation<br />
strategies. <strong>The</strong>re are multiple<br />
interchanges that provide direct<br />
access to I-70. <strong>The</strong> county is<br />
connected to several other interstates<br />
through I-70 that include I-65 and<br />
I-69 in Indiana and I-74 and I-75 in<br />
Ohio. Norfolk Southern’s main line,<br />
plus short lines C & NC and Indiana<br />
Eastern Railroad, offer additional<br />
supply chain alternatives.<br />
<strong>The</strong> county is located in close<br />
proximity to three international<br />
airports located in Dayton and<br />
Cincinnati, Ohio, as well as Indianapolis<br />
providing several air travel options. In<br />
addition, the Richmond Municipal<br />
Airport offers another choice for<br />
business travelers who wish to fly<br />
directly into <strong>Wayne</strong> <strong>County</strong>.<br />
<strong>Wayne</strong> <strong>County</strong> has five established<br />
and successful industrial parks with<br />
greenfield sites available. Each park is<br />
in close proximity to I-70 as well as<br />
several major state routes.<br />
Several industry sectors have<br />
successfully located in <strong>Wayne</strong><br />
<strong>County</strong> including plastics, distribution<br />
and logistics, food processing,<br />
transportation equipment and metal<br />
fabrication. New attraction efforts will<br />
build on existing industry sectors as<br />
well as target the alternative energy<br />
component manufacturing sector.<br />
For more information visit our<br />
website at www.edcwc.com.<br />
LEGEND<br />
Interstates<br />
US Highways<br />
State Roads<br />
Streets<br />
Railroads<br />
Rivers<br />
Cardinal Greenway Trail<br />
Incorporated Areas<br />
Industrial Parks<br />
0 0.25 0.5 1<br />
Miles
Centerville Rd<br />
38<br />
35<br />
Union Pike<br />
Richmond<br />
Exit 151<br />
Indiana<br />
227<br />
Centerville Rd<br />
Round Barn Rd Round Barn Rd<br />
INDIANAPOLIS<br />
(73 MILES)<br />
Midwest<br />
Industrial<br />
Park<br />
Gaar-Jackson Rd<br />
College Corner Rd<br />
Test Rd.<br />
Crowe Rd<br />
Salisbury Rd<br />
Salisbury Rd<br />
Norfolk Southern Railroad<br />
<strong>Wayne</strong> <strong>County</strong><br />
Fairgrounds<br />
Industries Rd<br />
Peacock Rd<br />
Rich Rd<br />
SW A St<br />
Abington Pk<br />
Exit 149<br />
Northwest<br />
Industrial<br />
Park<br />
NW 11 St.<br />
Williamsburg Pk<br />
Progress Dr<br />
NW L<br />
Indiana Ave<br />
SW A St<br />
Earlham<br />
College<br />
NW 5th St.<br />
Main Street<br />
Abington Pk<br />
Sheridan<br />
Liberty Ave<br />
Hub Etchinson Pky<br />
Test Rd<br />
Industries Rd<br />
Ft. <strong>Wayne</strong> Ave<br />
Chester Blvd.<br />
27<br />
IU East / Ivy Tech<br />
Purdue<br />
Reid Hospital<br />
North A St<br />
South A St.<br />
Middleboro Pk<br />
South A St.<br />
Indiana Eastern Railroad (CSX)<br />
Middle Fork Whitewater River<br />
South 23 Street<br />
Glenn<br />
Miller<br />
Park<br />
Wernle Rd<br />
South L Street<br />
Exit 153<br />
Garwood Rd Hayes Arboretum Rd Reservoir Rd<br />
Woodside Dr<br />
Gravel Pit Rd<br />
121<br />
Eastern<br />
Indiana<br />
Industrial<br />
Park<br />
Hodgin Rd<br />
Industrial Pkwy<br />
Greenmount Pike<br />
New Paris Pk<br />
DAYTON, OH<br />
(40 MILES)<br />
Norfolk Southern Railroad<br />
Roby Ln<br />
Exit 156<br />
STATE OF OHIO<br />
N<br />
27<br />
Straightline Pk.<br />
227<br />
Boston Township Line Rd<br />
CINCINNATI, OH<br />
(60 MILES)<br />
Richmond<br />
Municipal<br />
Airport<br />
Richmond is home to four institutions<br />
of higher education which provide a<br />
wide array of learning and training<br />
opportunities. <strong>The</strong>se include: Earlham<br />
College, Indiana University East, Ivy<br />
Tech Community College and Purdue<br />
University College of Technology.<br />
<strong>Wayne</strong> <strong>County</strong> is home to a new, $330<br />
million, state-of-the-art medical<br />
facility. Reid Hospital and Health<br />
Care Services is a 233-bed facility<br />
sited on a 100 acre medical campus.<br />
Comfort and a healing environment<br />
were major factors in the design. Reid<br />
serves a 7-county area in both Ohio<br />
and Indiana.<br />
<strong>The</strong> Whitewater Gorge Trail takes<br />
walkers and bikers through<br />
Richmond’s rich history featuring<br />
unique fossils and the famous<br />
Starr-Gennett Recording Studio. <strong>The</strong><br />
Walk of Fame, a series of mosaic, cast<br />
bronze tiles is embedded in the trail<br />
which celebrates many of the<br />
recording legends who visited<br />
Richmond to make records. This trail<br />
connects into the 60 mile long<br />
Cardinal Greenway which is part of<br />
the American Discovery Trail that<br />
traverses the United States.<br />
A number of different historical,<br />
cultural and entertainment options<br />
can be found throughout Richmond<br />
and <strong>Wayne</strong> <strong>County</strong> including the<br />
<strong>Wayne</strong> <strong>County</strong> Historical Museum,<br />
the Richmond Symphony Orchestra,<br />
Richmond Civic <strong>The</strong>ater and the<br />
Richmond Art Museum.<br />
Farmer’s markets and festivals are<br />
plentiful throughout the county through<br />
the summer into the fall. Year round,<br />
<strong>Wayne</strong> <strong>County</strong> has a number of<br />
shopping opportunities ranging from<br />
malls and plazas to the famous Antique<br />
Ally and many fine specialty shops.<br />
For more information visit our<br />
website at www.edcwc.com.<br />
LEGEND<br />
Interstates<br />
US Highways<br />
State Roads<br />
Streets<br />
Railroads<br />
Rivers<br />
Gorge Trail<br />
Cardinal Greenway Trail<br />
Incorporated Areas<br />
Industrial Parks<br />
0 0.25 0.5 1<br />
Miles
We’ve Mapped the Possibilities<br />
<strong>Wayne</strong> <strong>County</strong> is conveniently<br />
close to these major cities:<br />
Ann Arbor......... 245 miles<br />
Chicago............. 240 miles<br />
Cincinnati ......... 79 miles<br />
Cleveland.......... 265 miles<br />
Columbus.......... 125 miles<br />
Dayton............... 65 miles<br />
Detroit ............... 255 miles<br />
Fort <strong>Wayne</strong>....... 110 miles<br />
Indianapolis ..... 65 miles<br />
Lexington.......... 165 mile<br />
Louisville........... 170 miles<br />
Chicago<br />
Illinois<br />
Michigan<br />
Ann Arbor<br />
Ft. <strong>Wayne</strong><br />
65<br />
Indiana<br />
69<br />
WAYNE COUNTY<br />
Indianapolis 70<br />
Lexington<br />
Detroit<br />
Cleveland<br />
Cincinnati<br />
Ohio<br />
Columbus<br />
Springfield 74<br />
70<br />
Dayton<br />
St. Louis<br />
Louisville<br />
74<br />
65<br />
Kentucky<br />
75<br />
75<br />
EDC of <strong>Wayne</strong> <strong>County</strong>, Indiana 500 South A Street, Suite 2 Richmond, Indiana 47374, United States<br />
EDC of <strong>Wayne</strong> <strong>County</strong>, Phone Indiana 765.983.4769 500 South A Fax Street, 765.966.8956 Suite 2 Richmond, www.edcwc.com Indiana 47374, United States<br />
Phone 765.983.4769 Fax 765.966.8956 www.edcwc.com
<strong>Wayne</strong> <strong>County</strong><br />
R A N D O L P H C O U N T Y<br />
Indiana<br />
F A Y E T T E C O U N T Y H E N R Y C O U N T Y<br />
INDIANAPOLIS<br />
(73 MILES)<br />
Dublin<br />
N<br />
Mount<br />
Auburn<br />
Cambridge<br />
City<br />
Hagerstown<br />
Milton<br />
F A Y E T T E C O U N T Y<br />
1<br />
Exit 137<br />
1<br />
Gateway<br />
Industrial<br />
Park<br />
East<br />
Germantown<br />
35<br />
Nettlecreek<br />
Business Park<br />
Norfolk Southern Railroad<br />
Economy<br />
38<br />
Greens<br />
Fork<br />
Exit 145<br />
Midwest<br />
Industrial Park<br />
Centerville<br />
Exit 149<br />
27<br />
Fountain<br />
City<br />
Richmond<br />
27<br />
CINCINNATI, OH<br />
(60 MILES)<br />
U N I O N C O U N T Y<br />
Earlham<br />
College<br />
Exit 151<br />
IU East /<br />
Ivy Tech<br />
Purdue<br />
Reid<br />
Hospital<br />
Whitewater<br />
227<br />
Norfolk Southern Railroad<br />
Exit 153<br />
Eastern Indiana<br />
Industrial Park<br />
Boston<br />
DAYTON, OH<br />
(40 MILES)<br />
Richmond<br />
Municipal<br />
Airport<br />
Exit 156<br />
STATE OF OHIO<br />
P R E B L E C O U N T Y D A R K E C O U N T Y<br />
LEGEND<br />
Interstates<br />
US Highways<br />
State Roads<br />
Streets<br />
Railroads<br />
Rivers<br />
Cardinal Greenway Trail<br />
Incorporated Areas<br />
Industrial Parks<br />
0 0.25 0.5 1<br />
Miles
Centerville Rd<br />
35<br />
Richmond<br />
227<br />
38<br />
Indiana<br />
Union Pike<br />
Exit 151<br />
Centerville Rd<br />
Round Barn Rd Round Barn Rd<br />
INDIANAPOLIS<br />
(73 MILES)<br />
Midwest<br />
Industrial<br />
Park<br />
Gaar-Jackson Rd<br />
College Corner Rd<br />
Test Rd.<br />
Crowe Rd<br />
Salisbury Rd<br />
Salisbury Rd<br />
Norfolk Southern Railroad<br />
<strong>Wayne</strong> <strong>County</strong><br />
Fairgrounds<br />
Industries Rd<br />
Peacock Rd<br />
Rich Rd<br />
SW A St<br />
Abington Pk<br />
Exit 149<br />
Williamsburg Pk<br />
Progress Dr<br />
NW 11 St.<br />
NW L<br />
Indiana Ave<br />
SW A St<br />
Earlham<br />
College<br />
NW 5th St.<br />
Main Street<br />
Abington Pk<br />
Sheridan<br />
Liberty Ave<br />
Hub Etchinson Pky<br />
Test Rd<br />
Industries Rd<br />
27<br />
IU East / Ivy Tech<br />
Purdue<br />
Reid Hospital<br />
North A St<br />
South A St.<br />
Indiana Eastern Railroad (CSX)<br />
Middleboro Pk<br />
South A St.<br />
Middle Fork Whitewater River<br />
South 23 Street<br />
Glenn<br />
Miller<br />
Park<br />
Wernle Rd<br />
South L Street<br />
Exit 153<br />
Garwood Rd Hayes Arboretum Rd Reservoir Rd<br />
Woodside Dr<br />
Gravel Pit Rd<br />
Hodgin Rd<br />
121<br />
Eastern<br />
Indiana<br />
Industrial<br />
Park<br />
Industrial Pkwy<br />
Greenmount Pike<br />
New Paris Pk<br />
DAYTON, OH<br />
(40 MILES)<br />
Norfolk Southern Railroad<br />
Roby Ln<br />
Exit 156<br />
STATE OF OHIO<br />
LEGEND<br />
Interstates<br />
US Highways<br />
State Roads<br />
Streets<br />
Railroads<br />
Rivers<br />
Gorge Trail<br />
Cardinal Greenway Trail<br />
Incorporated Areas<br />
N<br />
Straightline Pk.<br />
227<br />
Boston Township Line Rd<br />
Industrial Parks<br />
0 0.25 0.5 1<br />
Miles<br />
CINCINNATI, OH<br />
(60 MILES)<br />
27<br />
Richmond<br />
Municipal<br />
Airport
500 South A Street, Suite 2<br />
Richmond, Indiana 47374<br />
United States<br />
Phone 765.983.4769<br />
Fax 765.966.8956<br />
www.edcwc.com