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Local Economic Overview Huntington County, Indiana.

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Presentation on theme: "Local Economic Overview Huntington County, Indiana."— Presentation transcript:

1 Local Economic Overview Huntington County, Indiana

2 We help create jobs in Huntington County. Huntington County Economic Development is a nonprofit organization, created by the business community in 1997. We provide businesses with many of the services they need for start-up, expansion, relocation, incentives and workforce development.

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5 2015 Client Projects Alan Aircraft ServicesIntri-Cut Bryan MachineLKQ Corp Clark’s RecyclingPhd, Inc. Dean FoodsSchneider Electric Gerdau SteelSTAR Excavating Gladieux ProcessingTruck & Trailer Services, Inc. Huntington Sheet MetalUTEC Total 14 Projects$23,633,234.00Retains 1,575 Existing Jobs/Creates 62 New

6 8-Year Economic Impact Summary Year# of ProjectsTotal InvestmentNet New JobsRetained Jobs 200810 $29,031,000.0015960 20099 $35,425,000.00449257 20106 $34,649,000.00444648 201113 $32,085,736.00132970 20128 $20,644,130.001661,313 201312 $37,997,400.00250909 201415 $34,873,010.003651,814 201514 $23,633,234.00621,575

7 Why Huntington County? Location | Workforce | Value

8 Ideal Location Heart of Great Lakes region Easy access to Indianapolis, Chicago, Detroit, Cincinnati & Louisville Many transportation assets: o Norfolk Southern Rail o I-69 NAFTA Corridor o U.S. 24 Hoosier Heartland Industrial Corridor o U.S. 24 Fort to Port Corridor o Fort Wayne International Airport (FWA) o Huntington Municipal Airport (HHG)

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10 Talented Workforce Our highly skilled workforce and pro-business environment have convinced these international giants to locate multimillion-dollar facilities here: Waterloo, Ontario-based Onward Manufacturing Brazilian-based Gerdau Steel Helena Chemical, a division of Tokyo-based Marubeni Corporation French-owned Schneider Electric Bendix Commercial Vehicle Systems, a member of Germany’s Knorr-Bremse Group

11 Great Value Compared to major metropolitan markets, the cost to acquire and renovate a building in Huntington County is much less—as is the cost of a greenfield site or a skilled workforce. The bottom line? Yourinvestment goes further here.

12 Housing market Financial services opportunities Transportation systems Regional economic development collaboration Fort Wayne – Indiana’s 2 nd largest city minutes away o Hotels & dining o Arts & entertainment o Professional athletics o Universities/education o Cultural o Shopping Huntington County amenities o Outdoor recreation o Historical museums o Universities/education Outstanding regional healthcare o Parkview Health o Lutheran Health Network Quality of Life

13 Largest Employers in Huntington County Employer Approximate # of Employees UT Electronic Controls Division 723 Huntington County Community School Corp.789 Bendix Commercial Vehicle Systems600 Continental Structural Plastics400 Novae Corp350 Our Sunday Visitor350 Onward Manufacturing400 Pathfinder Services300 Transwheel Corporation280 Huntington University182

14 Local Business Environment Building & construction expertise Freight & logistics support Regional workforce development Regional economic development cooperation Media Marketing & advertising expertise Telecommunications expertise

15 Contact Us Mark Wickersham, Executive Director Office: 260.356.5688 Cell: 260.388.3939 Email: mark@hcued.commark@hcued.com Website: hcued.comhcued.com

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