A YEAR IN REVIEW 2016-2017
business resources economic development advocacy
Letter from the President DEAR MEMBERS, It is my pleasure to present the 2016-2017 Annual Report for your review. What an exciting year it has been! We commemorated 10 years of successful programs, events, advocacy efforts and economic development projects, which culminated in our celebration event on the banks of the Ohio River at Big Four Station. That wasn’t the only celebration happening on the riverfront this year. After years of hard work and dedication by many members of 1si and our partners, the Lewis and Clark Bridge connecting eastern Clark County with Louisville opened to traffic. The economic impact of the bridge will provide benefits for generations, as growth in that area has already begun to explode. This past year also saw the launch of two programs in direct response to the needs of our members. The 1si Talent Development Initiative, which we named WorkHub, involves researching, strategizing and charting solutions for the workforce talent challenges that employers in Southern Indiana are facing. 1si also launched the Member Insurance Benefits (MIB) program with the goal of providing affordable insurance benefits to the employees of our small companies. Both programs speak
to a direct need of our members, and as we continue to grow the programs, we believe they will substantially impact businesses in the region in positive ways. We also spent time this past year educating our public officials about the benefits of working with the Indiana Economic Development Corporation and creating a Regional Development Authority (RDA.) 1si worked with state and local legislators to eliminate the threat of eminent domain, which was the main obstacle to creating the authority in 2015. We are pleased to report our efforts have paid off, and both Clark and Floyd counties recently voted to be included in the formation of an RDA. That isn’t the only legislative success. In February, House Bill 1211 passed the Statutory Committee on Interstate and International Cooperation, and are establishing a transborder groundwater authority. Authored by State Rep. Steven R. Stemler (D-Jeffersonville) with State Rep. Ed Clere (R-New Albany), the legislation establishes the Indiana-Kentucky Trans-border Groundwater Authority, which will study ownership rights of the groundwater resources shared by the two states and explore the possibility of entering into an interstate compact concerning the use of groundwater.
Currently about 40 percent of the world's population lives in water-stressed areas. The creation of this authority will head off any disputes in the future as well as help guarantee growth will continue in Southern Indiana. We are proud we have had another stellar year in economic development with three companies choosing to locate in Southern Indiana and nine local companies expanding their operations. These efforts resulted in 347 new jobs and more than $16 million in new annual payroll. In addition, more than $70 million of capital investment has been made in Clark and Floyd counties. As we look to our next 10 years, we can be proud of what we have accomplished and work toward an even better and brighter future for our members, our business community and our citizens. Thank you to all of you for your support over the past year. We look forward to serving you in 2017-2018. Sincerely,
Wendy Dant Chesser President and CEO
ONE SOUTHERN INDIANA • YEAR IN REVIEW • 3
Letter from the Chair HELLO 1SI BUSINESSES,
families. This is just one way in which we are working to help fill the ever-increasing number of jobs in this region.
residents have the amenities that make Southern Indiana a
We will continue to reach out to you, our members, and
Development of our new five-year strategic plan is underway, and I encourage you to let us know where you would like us to concentrate our efforts. Whether it is participating in one of our many focus groups or emailing a board or staff member, 1si is your organization, and your assessment of goals allows us to steer this ship to the proper ports of call.
1si will also help bring business and education to a new level of partnership through its WorkHub. This talent development initiative will include the continuance of 1si’s role as the convening organization for Greater Clark County School’s Ford Next Generation Learning program. 1si will also continue to bring together businesses, training facilities and regional school systems through the Skill UP! Indiana grant to ensure regional businesses have the skilled labor force they need to succeed. Whether it is through promotion of a consolidated soft-skills certification or coordination of a large-scale job and career fair, 1si will continue to work on behalf of businesses to help fill the talent pipeline while ensuring students and workers have ample opportunities to receive training and advance their careers.
We anticipate many areas will be covered within the fiveyear plan, including support for regional cooperation. Now that the Clark and Floyd county councils have voted to move forward, the creation of the Regional Development Authority – the vehicle for securing state funds for regional projects – will formalize collaboration and support for projects that will enhance our community, making us a more attractive landing spot for young professionals and
We will also be working with members to improve their company cultures, benefits and amenities to better position them in the ever-increasing competition for the best and brightest. In order to support members in this bid for talent, 1si will continue and expand the Member Insurance Benefits program so that small companies can offer the same level of quality benefits as large corporations. We will also work with partners to ensure that
development and recognition for the Southern Indiana /
As the government and community relations manager at Duke Energy in Southern Indiana, I am honored to serve as the 2017-2018 Chair of the Board of Directors for One Southern Indiana. These next twelve months promise to be an exciting time for all 1si members. I invite you to join us as we help bring about change for the betterment of all citizens of Clark and Floyd counties, as well as our neighbors to the east, west, north and across the river.
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great place to live, work and raise their families.
offer meaningful and relevant programs, training and communication that will make a difference in the success of your business. We want 1si to be the expert you look to in business and a friend you can trust in your community. We anticipate our new strategic plan will be completed by the end of the year and will be available in print at the 1si office on Charlestown Road in New Albany, as well as on our website (1si.org). We hope that you will participate in the creation of our future, both during the planning stage and throughout implementation of the plan. As always, we are thankful for your input, support and advocacy as we continue to be the “go-to” source for information, training, Metro Louisville business community.
Lisa Huber 2017-2018 Board Chair
ABOUT US MISSION To provide the connections, resources and services that help businesses innovate and thrive in the Southern Indiana / Louisville area.
VISION To grow to be “best in class” in economic vitality for our region – a place where businesses can flourish and, in turn, where quality jobs, prosperity and opportunities contribute to build a strong quality of life.
Most familiar because it encompasses membership, signature events and programs, this division offers clients an entire toolbox of connection devices for your business. ANNUAL SIGNATURE EVENTS -- ACE Awards -- Annual Meeting -- Business Expo -- Investor Day Celebration -- Metro Manufacturing Alliance Summit -- Networking on the Green Golf Scramble -- ONE Awards -- Pearls of Wisdom PROGRAMS/EDUCATION -- 5 O’Clock Network -- 8 O’Clock Network -- 12@12 Luncheons -- Advocacy Forums -- Ambassador Program -- CEO Roundtables -- Future Leaders Advisory Group -- Mentor Program -- National Manufacturing Day -- New Member Orientation -- Non-Profit Roundtable -- Leads Group -- Sales & Marketing Success Series -- Health and Wellness Committee ADVERTISING OPPORTUNITIES -- Online and Print Membership Directory & Buyer's Guide -- One Weekly e-Newsletter -- Website banner ads -- Annual “Year in Review” supplement in the News and Tribune -- Member2Member E-Blast -- Member-to-Member Hot Deals
John Gant, U of L Speed School Institute for Product Realization, speaks to manufacturers at 1si’s 2017 Metro Manufacturing Alliance Summit.
MEMBER BENEFITS -- Member Insurance Benefits (MIB) program -- Office Depot Discount program -- Google 360 Virtual Reality advertising advantage -- Delivra email marketing software discount program -- Heartland Payment Systems discount program
Our advocacy efforts promote your business at the federal, state and local government levels. Through our Advocacy Council, we encourage and support legislation and policies that stimulate business growth and enhance the competitive edge of Southern Indiana. Advocacy influences business success, workforce development, economic growth and quality of life. 1si engages in initiatives to preserve, protect and promote a business-friendly environment free of obstacles to growth and development of commerce. KEY ACTIVITIES: The Advocacy Council organizes and hosts a variety of events including: -- Access events with officials on the federal level such as U.S. senators and representatives -- Legislative updates with state senators and representatives -- Networking opportunities with local elected officials -- Seminars on changing regulations and policies -- Discussions on issues that affect business competitiveness
1si’s award-winning economic development program aggressively works to grow Southern Indiana’s regional economy through the attraction of new commerce and by encouraging and assisting existing companies to remain here and grow. BUSINESS ATTRACTION Recognizing the importance of bringing new and diverse businesses to the region, 1si works toward: -- expanding the tax base -- creating new jobs -- injecting new wealth into the economy through the attraction of new commerce and increased payroll To that end, 1si integrates a number of marketing tools, targeted recruitment efforts and specialized information services.
BUSINESS RETENTION AND EXPANSION (BRE) In order to retain and grow existing businesses that contribute significantly to the regional economy, 1si’s BRE program provides guidance and expertise to regional businesses through all cycles of their growth. Through a series of one-on-one meetings and trusted relationships built over time, our BRE program brings valuable resources directly to each client we serve. METRO MANUFACTURING ALLIANCE (MMA) 1si offers manufacturing companies the opportunity for membership in our Metro Manufacturing Alliance (MMA), a unique forum where manufacturing owners and managers meet with their peers, discuss common issues and successes, and listen to timely presentations on topics that apply exclusively to manufacturing. The alliance is designed “for manufacturers by manufacturers,” with 86 regional members participating. TALENT DEVELOPMENT INITIATIVE (WORKHUB) The WorkHub’s main goal is to unite businesses and service providers, including schools, in addressing the regional talent issue, fill the entry-level pipeline, and work to retain and train our future talent pool while increasing the skills of our current workforce. One Southern Indiana is the aligning body for all talent development initiatives in the region. We work to coordinate with pipeline partners so that we can coordinate shared training opportunity and consult with the education sector in developing needed career pathways. In order to achieve this goal, 1si has hired a dedicated talent development director whose responsibility is to evaluate the needs and develop new ideas to overcome this obstacle. Currently, this director is the only individual in our region focused on workforce issues by researching and, if feasible, adapting programs being used nationally in like communities. He is also creating innovative programming to address the workforce challenge in Southern Indiana / Metro Louisville. It is his directive to act as the lead between professionals in implementing changes in processes used by multiple agencies and partners. Additionally, 1si serves as the administrator of the Region 10 Skill Up Partners' grant and as the community convening organization for the Greater Clark County Schools systems' transition to the Ford Next Generation Learning model. ONE SOUTHERN INDIANA • YEAR IN REVIEW • 5
1si Staff Matt Hall
Executive Vice President
Chief Revenue Director & Director of Business Resources
Kathleen Crowley Senior Director, Business Retention & Expansion
Manager, Communications & Database
Director, Talent Development & Skill UP Partnership
Manager, Membership Relations
Senior Director, Business Development & Advocacy Coordinator
Wendy Dant Chesser President and CEO Amber Miller
Manager, Special Events & Programs
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Connie Mudd Executive on Loan
Gail Prather Controller & HR Coordinator
Suzanne Ruark Michelle Richardson-Hillegas Director, Marketing & Co-Director of First Impressions
Ashley Snelling Co-Director of First Impressions
2017-18 Executive Committee CURRENT CHAIR Lisa Huber Duke Energy CHAIR ELECT / ECONOMIC DEVELOPMENT CHAIR Diane Medley MCM CPA’s & Advisors IMMEDIATE PAST CHAIR / NOMINATING CHAIR Paul Perkins Amatrol, Inc. TREASURER / FINANCE CHAIR Debbie Smith America Place SECRETARY / GOVERNANCE CHAIR Gary Maloney Nu-Yale VICE CHAIR / INVESTOR RELATIONS CHAIR Jason Lopp McNeely Stephenson BUSINESS RESOURCE COUNCIL CHAIR Michelle Huber Fuzzy Zoeller's Covered Bridge & Champions Pointe Golf Clubs BOARD DEVELOPMENT CHAIR Jerry Finn Horseshoe Foundation of Floyd County
Board of Directors Jerry Acy River Ridge Development Authority Kevin Boehnlein Edward Jones Investments Adrian Brown German American Bank Dr. Dan Eichenberger Baptist Health Floyd Jim Epperson SoIN Tourism Norris Hamilton Horseshoe Southern Indiana Miguel Hampton F5 Enterprises, LLC Creative, Marketing and Photography
Tami Hatfield- Kennedy Ford Motor Company
Martin Padgett Clark Memorial Hospital
Allen Howie Idealogy Marketing + Design
Chip Pfau Geo. Pfau’s Sons Company, Inc.
Laurie Goetz Kemp Kightlinger & Gray, LLP
Bill Reedy Indiana-American Water Company
Kent Lanum Paul Ogle Foundation, Inc.
Cathy Scrivner Legal Shield
Wes Martin Martin Financial Group
Charlie Smith Building & Development Association of Southern Indiana
Dr. Andrew Melin Greater Clark County Schools Diane Murphy WesBanco Bank
Pat Harrison Re/Max Pat Harrison Enterprises
Jeff Murphy ECT Services, Inc.
Open Heartland Payment Systems
Bob Owings Owings Patterns
Scott Stewart Port of Indiana Dr. Ray Wallace Indiana University Southeast Darren Washausen Samtec, Inc.
2017 MMA Manufacturing Summit, May 19, 2017, Northside Christian Church
ADVOCACY CHAIR Bryan Wickens MAC Construction & Excavating, Inc.
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$5,000-$9,999 ANNUAL INVESTMENT
$20,000+ ANNUAL INVESTMENT
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INVESTORS ARE THE FOUNDATION OF 1SI ECONOMIC DEVELOPMENT
1si is committed to establishing a vibrant and prosperous economy through its award-winning business development program. The companies listed have invested additional dollars into 1si to fund one of the most successful economic development programs in the Midwest. Our work has resulted in measurable increases in individual market share, job creation, payroll dollars, new capital creation and tax revenues. Plus, we have one of the highest returns on investment in the country: $183.94 in new taxable investment for every dollar of investment monies. The 2016-2017 year also saw the completion of our 150th project in Economic Development since 1si’s inception in 2006. Of those projects, 77% were expansions of companies currently located in Southern Indiana while 23% were companies who chose to move to our region. To the partners listed here, 1si thanks you for your generous support and committed leadership as investors in our organization and the future of our community.
NEW COMPANY LOCATION
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Cylicron, LLC ERL, Inc. Dale Gettelfinger Greater Clark County Schools Huber's Orchard, Winery & Vineyards Indiana University Southeast K.M. Stemler Company, Inc. Koetter Woodworking, Inc. Martin Financial Group Steel Dynamics, Inc. Voss Clark Steel
$1,000-$4,999 ANNUAL INVESTMENT
$10,000-$19,999 ANNUAL INVESTMENT ----------------------------
AML, Inc. Assured Partners NL AT&T Indiana Briova Rx / Optum Rx Centra Credit Union Clark County Clark County REMC Commerce Bank Denton Floyd Real Estate Group First Savings Bank Geo. Pfau's Sons Company, Inc. German American Bank Harding, Shymanski & Company, P.S.C. Horseshoe Foundation of Floyd County Indiana-American Water Company Koetter Group MAC Construction & Excavating, Inc. MainSource Bank MCM CPA’s & Advisors Norton Healthcare PNC Bank Rodefer Moss & Co, PLLC SAMTEC, Inc. Schuler Bauer Real Estate Services Southern Indiana Realtors Association, Inc. Stock Yards Bank & Trust Co. Vectren Energy Delivery of Indiana
-- Amatrol, Inc. -- Anthem -- Axiom Financial Strategies Group of Wells Fargo Advisors, LLC -- Bennett & Bennett Insurance, Inc. -- Callistus Smith Agency, Inc. - Glenn Smith -- Capital Access Corporation—KY (SBA 504 Loan Program) -- Capstone Realty, Inc. -- CBRE|Louisville -- Chase -- Chemtrusion Indiana, Inc. -- Cimtech, Inc. -- D.A., Inc. -- Delta Dental of Indiana -- ECT Services, Inc. -- F5 Enterprises, LLC Creative Marketing and Photography -- Fifth Third Bank -- Harrison County Economic Development Corp. -- InGrid Design -- Ivy Tech Community College of Indiana -- Jacobi, Toombs, & Lanz, Inc. -- KYANA Packaging Solutions -- LL&A Interior Design -- Libs Paving Co., Inc. -- Monroe Shine & Co., Inc., CPA's -- New Washington State Bank -- Owings Patterns, Inc. -- Port of Indiana - Jeffersonville -- Premier Capital -- Semonin Realtors - Brad DeVries -- Shireman Construction and Development -- Superb IPC -- Southern Indiana Rehabilitation Hospital -- TEG Architects -- Uhl Truck Sales -- The Wheatley Group
OSI Foundation: Funding the Future As the philanthropic extension of 1si, the OSI Foundation, Inc. is a 501(c)(3) non-profit foundation whose mission is to support the economic development programs of 1si. The OSI Foundation, Inc. is a publicly-supported charity and, accordingly, all donations received are afforded the most preferential tax treatment available under the Internal Revenue Code. The OSI Foundation, Inc. accepts corporate and municipal donations, as well as lifetime and testamentary gifts from individual donors.
Greater Clark County Schools was named 2016 Centra Credit Union Economic Development Partner of the Year
Making a donation to the OSI Foundation, Inc. ensures that you will make a lasting impact on the economic vitality of the region. Over the years, the OSI Foundation, Inc. has used donated funds to make grants targeted at improving Southern Indiana’s economic future.
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Mark Davis and Karen Finlinson celebrate at the 5 O’Clock Network hosted by L & D Mail Masters, Inc.
L & D Mail Masters’ Diane Fischer celebrates 30 years in business. August 4, 2016
Brittanni Aldridge and Renee Brooking at L & D Mail Masters’ 5 O’Clock network
Christy Smallwood welcomes a guest to the 8 O’Clock Network at Strandz Salon and Threadz Boutique
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Students tour Amatrol, Inc. during the 2016 Manufacturing Days
Sand sculpture at Big Four Station for 1si’s 10th Anniversary
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Business Resources THE HEART OF 1SI Business Resources are the activities that many visualize when they become members of a chamber of commerce. They include a variety of networking opportunities and events, educational and developmental business activities and membership. 2016-2017 was a great year for the 1si business resources team, not only producing over 100 beneficial events for our members to enjoy but also launching the Member Insurance Benefits (MIB) program.
During the 2016-2017 year, the 1si business resources team produced more than 100 relevant events and programs.
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The 1si MIB program offers member employers and, in some cases, individuals, the opportunity to purchase insurance at discounted, large group rates. The first phase of the program, with an effective date of May 1, 2017, included the following ancillary insurances: -- Life Insurance from OneAmerica -- Long/Short Term Disability from OneAmerica -- Vision Insurance from Anthem Blue Cross Blue Shield -- Dental Insurance from Delta Dental -- Pet Insurance from PetFirst Pet Insurance -- POP Plan Section 125 Health Savings Account from MCM CPAs & Advisors Phase one programs are available to all 1si member employers with two or more
employees through Assured Partners NL, the coordinating agency, and other 1si member insurance agents. A list of these agents can be found on 1si.org/mib. MIB policies can be partially or fully companypaid benefits for employees or employee purchased benefits. Phase two and three will include health insurance, employee assistance programs, clinic and prescription discounts, and home, auto and property policies.
The MIB program is just one of the many benefits included in 1si membership. Members can also take advantage of the Office Depot discount program, the Google 360 Virtual Reality advertising advantage, the Delivra email marketing software discount program and the Heartland Payment Systems discount program.
Networking on the Green Golf Scramble JUNE 29, 2017
In spite of a postponement due to inclement weather, golfers enjoyed the day at Fuzzy Zoeller’s Covered Bridge Gold Club.
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2016-2017 Award Winners ACE AWARDS Axiom Financial Strategies Group of Wells Fargo Advisors, LLC James W. Robinson ACE Award for Young Professional of the Year - Jill Peden, Business Development Manager, L & D Mail Masters, Inc. Duke Energy Kevin Hammersmith ACE Award for Community Leader - Robert “Bobby” Campbell, Marketing Director, Jacobi, Toombs, & Lanz, Inc. Kightlinger & Gray LLP Sam Day ACE Award for Professional of the Year - Larry Myers, President & CEO, First Savings Bank
Chairman’s Legacy ACE Award Greg Fitzloff, Director of Community Development, City of Salem, Ind., and John “Jack” Ragland, President, Carmel City Center Community Development Corporation (4CDC)
ONE AWARDS Brown-Forman Corporation Diversity Champion ONE Award Indiana University Southeast Baptist Health Growing Healthy Lives ONE Award - University of Louisville
Stites & Harbison, PLLC Economic Development Impact Project of the Year ONE Award - POSCO AAPC Axiom Financial Strategies Group of Wells Fargo Advisors, LLC, Business Retention and Expansion Project of the Year ONE Award Assured Partners NL Commerce Bank Rising Star ONE Award - Orange Clover, LLC German American Bank Business of the Year ONE Award for companies with 50 or fewer employees - The Exchange Pub + Kitchen
Park Community Credit Union Business of the Year ONE Award for companies with 51 or more employees - First Harrison Bank
2016 ANNUAL MEETING Luckett & Farley Architects, Engineers and Construction Managers, Inc. Ambassador of the Year – Evan Garmon, Harpenau Insurance Agency, LLC
Axiom Financial Strategies Group of Wells Fargo Advisors, LLC, Volunteer of the Year – Mary Capps, Quality Construction Pro, LLC Centra Credit Union Economic Development Partner of the Year – Greater Clark County Schools Monroe Shine & Co., Inc., CPA's Non-Profit of the Year – St. Elizabeth Catholic Charities
Nu-Yale Cleaners Chairperson of the Year – Christy Smallwood, Eagle Eye Enterprises
HorseshoeFoundation.org ENCOURAGING FLOYD COUNTY ECONOMIC DEVELOPMENT
Kiva and Small Business Revolving Loans “Its (Horseshoe Foundation) revolving loan fund is an especially successful example of impact investing...” - Louisville Business First
Kiva 0% Loans ·Online crowdfunding platform 0% interest, no fee up to $10,000 for entrepreneurs. · Matched by HFFC funds ·Start application at Kiva.org For additional information, Contact Jerry Finn, Executive Director at jfinn@HorseshoeFoundation.org or 812-945-4332 or Elizabeth Baxter at ElizabethB@1si.org or 812-945-0266
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Small Business low interest loans · Over $2.4 million low interest business loans to date. · Gap funding for business expansion * Proud partnership with One Southern Indiana and SISBDC
Emily Butts of 410 Bakery received a small business loan to open a retail bakery and coffee shop on Main Street in downtown New Albany.
IU Southeast celebrates their Diversity Champion ONE Award
The Orange Clover Kitchen & More and the Exchange Pub + Kitchen were big winners at the 2017 ONE Awards
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2016-2017 ECONOMIC DEVELOPMENT
Business Retention and Expansion Visits
1,264 Jobs Retained
Metro Manufacturing Alliance Members
Economic Development Projects announced since 2006
Million in new annual payroll
2017 Advocacy Agenda APPROVED Hosted Event: MEET YOUR LOCAL ELECTED OFFICIALS IND. HB 1211 PASSES to create an IN-KY trans-border ground water authority
Horseshoe Foundation of Floyd County Small Revolving Loans Administered
Million in new capital investment
Launched Talent Development Initiative, called “WorkHub,” hired staff and worked to unite businesses and service providers, including schools, in addressing the regional talent issue, fill the entry-level pipeline, work to retain and train our future talent pool while increasing the skills of our current workforce.
U.S. Senator TODD YOUNG
Hosted or co-hosted FEDERAL-LEVEL ACCESS EVENTS U.S. Repressentative TREY HOLLINGSWORTH
COMMUNITY MESSAGING Acknowledged 10th Anniversary through branding of signature events, creation of a video and special edition of the annual review, and produced a celebratory event
-- Started text program to alert membership of cancellations -- Gathered and published testimonials online -- Completed marketing plans for new member benefits and talent development initiative -- Implementation of Delivra as the main means of electronic communication
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Hosted STATE-LEVEL ACCESS EVENTS
Indiana Chamber of Commerce Representatives R. MARK LAWRANCE AND MIKE RIPLEY
New IEDC President ELAINE BEDEL
IEDC President JIM SCHELLINGER
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Launched Member Insurance Benefits (MIB) offering insurance at discounted and large group rates. MIB, publicly launched on April 1, 2017, offers employers the opportunity to provide employer-paid and voluntary benefits at a substantial discount.
4,431 Event Attendees
2016-2017 Expenses were held to
Types of Programming/ Professional Development Opportunities
Programs and Events
2016-2017 Membership Retention at
New Investors Secured
COLLABORATIVE PARTNERSHIPS ARE HIGHLIGHTED MONTHLY IN THE ONE WEEKLY NEWSLETTER
Chairman’s Advisory Council met Quarterly
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Advocacy CHAMPIONS OF IDEAS The role of advocacy at One Southern Indiana is promoting a fiscally-stable, business-friendly environment that transcends local, regional, state and national issues. Through our Advocacy Council’s initiatives, we promote positive change by serving as the “Champions of Ideas” to achieve economic and business vitality for the region. Additionally, we strive to provide for our investors and members access to policy makers at all levels of government through forums, roundtables and one-on-one meetings. The 2016 - 2017 Advocacy Agenda, as presented, provides the prioritized efforts of the 1si Advocacy Council over the next 12 months. They are listed as follows:
CAREER-READY WORKFORCE AND EDUCATIONAL INITIATIVES New business growth, along with the retention and expansion of existing businesses, is increasingly more dependent on the availability of a qualified workforce. There are many contributing factors to developing a region’s ability to grow, maintain and attract talent to help make businesses profitable, and 1si supports many of the organizations and programs dedicated to learning and development throughout a person’s lifetime. INFRASTRUCTURE AND TRANSPORTATION A strong infrastructure network is key to serving the region’s existing employers, attracting new companies and growing start-up entities. We encourage ongoing efforts to identify the critical gaps and develop recommendations for infrastructure that will support economic growth strategies for Southern Indiana. Infrastructure and transportation project planning and development will involve advocacy efforts at many levels – local governments, state government, regional partners and federal agencies, and the returns on these investments are likely to be realized across the entire region. BUSINESS-FRIENDLY TAX AND FISCAL INITIATIVES Indiana has made great strides over the past decade to enhance the business friendliness of the state’s fiscal
policies. These efforts have been noted as Indiana is consistently ranked as a top state for doing business when compared with other states by fiscal analysts and siteselection consultants – earning many “top state in the Midwest” honors. However, efforts toward continuous improvement are needed to maintain Indiana’s competitiveness – as well as maintaining local advantages – because other locations are constantly adjusting their policies toward improvement.
REGIONAL INITIATIVES Coordinating the activities and positions of the communities in Clark and Floyd counties offers several advantages – and creates greater influence – when compared to individual community agendas in other parts of the state. Additionally, recognizing our connectivity to Louisville adds impact in policy discussions that cross state and other jurisdictional boundaries. 1si will explore regional opportunities that can benefit the economic climate of our communities. CIVIC ENGAGEMENT Harnessing the voice of business is essential for good policy at all levels of government. By providing forums and events to increase access to policy makers for our business members and investors, 1si will ensure local issues are heard.
Spencer Strainer Systems Spencer Machine & Tool Co. 6205 Gheens Mills Road Jeffersonville, Indiana 47130 Phone: 1-800-801-4977 Fax: 812-282-7272 www.spencerstrainer.com 18 • YEAR IN REVIEW • ONE SOUTHERN INDIANA
YOUR AWARD WINNING SOURCE FOR LOCAL NEWS IN PRINT AND ONLINE.
2016 Annual Meeting
Rising Star nominee Safety Net, LLC owners Melvyn Little, Jr., and Jaracz Swain pose with 1si President and CEO Wendy Dant Chesser before the 2016 One Awards
2017 Manufacturing Summit featuring Jeff Murphy - ECT Services, Inc., Paul Holba - 1si, and Dennis Dio Parker - Toyota N.A. Production Support Center
Duke Energy Kevin Hammersmith Ace Award for Community Leadership winner Bobby Campbell - Jacobi, Toombs, & Lanz, Inc.
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Economic Development The efforts and accomplishments of the 1si economic development program are only possible because of donations from investors. While the investment is incredibly lucrative (on every $1 invested, $183.37 has been created in new taxable capital and $70.71 in new payroll annually in Clark and Floyd counties,) it can be months, and sometimes years, between the initial contact with an interested company and the fruition of the project.
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The competition with other locales is fierce. Success involves extensive research on everything from utilities to school districts. Companies check for quality-of-place amenities, as well as available labor, technical skills and education levels of the population. How a company will be supported by the municipality, county and state is just as important as building availability and site accessibility. Attracting a new company requires countless interactions, including site visits, teleconferences and presentations. The process has a hundred moving parts and is something the staff at 1si has mastered.
economic conditions, these companies are ready to go to the next level and add a new production line, enlarge their facilities or open a larger storefront. These projects accounted for 52 percent of the new jobs in Floyd and Clark counties this year. At any given time throughout the 20162017 fiscal year, 1si’s economic development team was working on dozens of “hot projects.” During the same time period, efforts of the 1si team and their partners have resulted in three new projects and nine expansion projects which garnered 347 new jobs with $16.2 million in new payroll in Floyd and Clark counties.
The cornerstone of economic development in Clark and Floyd counties is expansion and retention projects. It’s those companies that have already made commitments to Southern Indiana, employ local citizens and take active parts in our community. Through hard work and favorable
That income was used to purchase groceries, homes, nights on the town, Christmas gifts and a host of other everyday goods and services in Southern Indiana. In addition, 1,264 jobs were retained, or kept from moving elsewhere, through these efforts.
Advocacy Events Former IEDC President and current Indiana Secretary of Commerce Jim Schellinger
R. Mark Lawrance - Indiana Chamber of Commerce Senior VP of Engagement and Innovation Policy
HB 1211 passes Indiana Senate Environment Comm., L to R Iris Wilbur GLI, Vince Guenther - Louisville Water Co, Representative and Bill Author Steve Stemler, Wendy Dant Chesser - 1si, state Sen. Ed Charabonneau
Mike Ripley - Indiana Chamber of Commerce VP of Health Care and Employment Policy
22 • YEAR IN REVIEW • ONE SOUTHERN INDIANA
Better Business Bureau wins Best Booth Award at the 2016 Business Expo.
Connie Holland of Stock Yards Bank was the Grand Prize winner at the 2016 Business Expo. Pictured here, Connie Holland, Rebekah Markoski, Kalisha Bass, Evan Garmon and Wendy Dant Chesser
River Ridge Commerce Center Indiana’s 6,000 Acre Crown Jewel
The Gateway to Economic Development in Southern Indiana • Located in Louisville, Kentucky metro area with access to I-265, I-65, I-64 & I-71
Established Industrial Park
Enhanced Logistics with NEW Lewis & Clark Bridge
• Adjacent to the Port of Indiana-Jeﬀersonville & Clark County Regional Airport • Minutes away from UPS Worldport at Louisville International Airport • CSX railroad connection via Mid-American Rail Services • U.S. Foreign Trade Zone & Indiana Urban Enterprise Zone Research Campus
For more information regarding opportunities at River Ridge Commerce Center 812-285-8979 l email@example.com
ONE SOUTHERN INDIANA • YEAR IN REVIEW • 23
Getting Results in Economic Development Prospects/Projects
BY 1SI FISCAL YEAR
projects/prospects outside Clark and Floyd
The number of new prospects from outside Clark and Floyd counties is significantly higher than the number of those within Southern Indiana. The number of project announcements, however, is significantly higher for those companies already located in Southern Indiana.
projects/prospects total since JULY 2006
Business Retention and Expansion VISITS BY LOCATION
The majority of 1si’s business retention and expansion visits occur in Clark and Floyd counties. However, 1si’s BRE efforts extend throughout the region.
projects/prospects inside Clark and Floyd counties
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16 Clark County
$561.1 mil/new $514.6 mil/existing
in new taxable capital
projects announced since July 2006 34/new 116/existing
11,475 commitments for new jobs
in new annual payroll
1SI Investors’ ROI ANNUAL PAYROLL
For every $1 invested in 1si’s Economic Development Program, $183.94 has been created in new taxable capital in Clark and Floyd counties.
For every $1 invested in 1si’s Economic Development Program, $70.71 has been created in new annual payroll in our region.
New Capital Created $1,075,696,133 Investor $ Received $5,848,010
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Sales & Marketing Success Series
Chairman’s Advisory Council at Brown-Forman
2016 Manufacturing Day Reception at Harding, Shymanski & Company, P.S.C.
26 • YEAR IN REVIEW • ONE SOUTHERN INDIANA
Growth Congratulations to the following companies on their successful expansions over the past 12 months!
We welcome the following companies to Southern Indiana: --American Air Filter Co. Inc. --Knapheide Truck Equipment Company --Ohio Valley Precast, LLC/Bristol Group
ADDED PAYROLL (EST)
Beach Mold & Tool, Inc.
Visionary Sleep, LLC
Smith Creek, Inc.
Assured Partners NL
W.M. Kelley Company, Inc.
FireKing International LLC
Silver Creek Leather Company
Intregity Sign Solutions, Inc.
Opening of the First Harrison Bank branch at River Ridge Commerce Center
28 • YEAR IN REVIEW • ONE SOUTHERN INDIANA
The earlier you call, the more we can help. • HOSPICE & PALLIATIVE CARE • SPECIALIZED CARE FOR THE SERIOUSLY ILL • GRIEF COUNSELING & SPIRITUAL SUPPORT • WE HONOR VETERANS PROGRAM
1si provided ribbon cutting and ground breaking services for 44 businesses during the 2016-2017 year
800-264-0521 | HosparusHealth.org ONE SOUTHERN INDIANA • YEAR IN REVIEW • 29
Students visit local manufacturers during the 2016 National Manufacturing Day
2016 Business Expo
30 • YEAR IN REVIEW • ONE SOUTHERN INDIANA
LEADERS IN DESIGN
Architecture, Engineering & Interior Design
CLIENT CENTERED. EMPLOYEE-OWNER FOCUSED. When you hire Luckett & Farley to address your infrastructure needs, you’re working with a 100% Employee-Owned firm that’s 100% invested in the success of your project.