Hill

business investment As consumer spending and business investment dried up, massive job loss followed In 2008 and 2009, the U S labor market lost 8 4 million jobs, or 6 1% of all payroll employment According to stateofamericaworking org, this was the most dramatic employment contraction (by far) of any recession since the Great Depression By comparison, in the deep recession that began in 1981, job loss was 3 1%, or only about half as severe

The City of Howe, the Howe Development Alliance and the Howe Area Chamber of Commerce have planned a press conference today at 11:30 am at the EDC office at 101 E Haning St regarding the future of the Summit Hill division City and county officials plan to be at the press conference today along with local media outlets

Summit Hill is a development with the original plans dated January of 2005 There is a golden shovel located in the

EDC office that was used for the groundbreaking on January 18, 2007. Timing turned out the be the worst enemy for the development as the Great Recession and housing crisis began in December of 2007 The crisis began with the bursting of an 8 trillion dollar housing bubble The resulting loss of wealth led to sharp cutbacks in consumer spending The loss of consumption, combined with the financial market chaos triggered by the bursting of the bubble, also led to a collapse in

In conjunction with the terrible timing, Howe combined with Van Alstyne, Anna and Melissa on a water agreement to prepare for the growth that was to come in 2007-08 But the growth never happened and Howe was strapped with a massive water contract without the ability to spread out the cost to those new homes

Since the City of Howehired an economic development director for the city, Summit Hill has been "Project # 1" because rooftops are the key to any commercial activity and water solutions

Howe discussed whiskey distillery with NHL star

It's not every day that a professional athlete roams through downtown Howe looking at business opportunities But early in 2016, Dayn Belfour met with city officials about the possibility of putting a whiskey distillery in Howe's historic downtown district It was announced last week that they have settled on the city of Little Elm to place their new business, "Belfour Spirits "

Jennette Killingsworth (EDC director), Jason Laumer (development services director) and a handful of other people worked with us to make everything possible ”

The City of Howe, whose liquor laws are currently in place to serve the needs of a distillery had city officials open to the idea of having such a marketable product

"We felt like the Belfour's name would have major drawing power to Howe and we researched the impact that Denison's Iron

“We reached out to several places,” Belfour told the Little Elm Journal, “but Little Elm was one of the only places that was very alcohol friendly as a city continued on page 4