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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

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