Top business stories: Southwest Indiana update.
Ask officials in Southwest Indiana about economic-development success stories during the past year and you'll hear a pause before the answer. Which billion-dollar project, they ponder, should they talk about first?
To say it's been a boom year in the region would be a dramatic understatement. Indeed, it's been one major success after another for the counties in Southwest Indiana, and there's more to come. With such major plants locating in one region, there's no question that spin-off businesses will follow. At this point, the only issue to where to put all the new companies.
"What you have is a region that's getting ready to explode with opportunity," says Tom Utter, executive director of the Lincolnland Economic Development Corp. in Spencer County Spencer County is the name of two or more counties in the United States:
* Toyota Motor Manufacturing's billion-dollar pickup truck plant isn't even open yet and already there's talk of expansion. Automotive Week reported in April that Toyota is considering building Lexus vehicles at the same plant following a "phase two" expansion. Toyota spokeswoman Anne Courter terms the report only "speculation," but Gibson County Gibson County is the name of several counties in the United States:
* AK Steel Corp. announced it would build its $1.1 billion high-tech steel-finishing plant in Spencer County, hiring 410 workers at start of production.
* Waupaca Foundry in Perry County Perry County is the name of several counties in the United States:
* Grain Processing Corp. of Muscatine, Iowa Muscatine is a city in Muscatine County, Iowa, United States. The population was 22,697 at the 2000 census. It is the county seat of Muscatine CountyGR6. Muscatine is also the only town in the world with that name. , likes a site in Daviess County Daviess County is the name of several counties in the United States:
All of these plants plus dozens of others that in "off years" would look like major developments have turned the Evansville region into one of the country's hottest for economic development, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the editors of the Kiplinger Washington newsletter.
One thing missing is a decent north-south interstate connection, and local officials are speeding along with their efforts to get Interstate 69 extended from Indianapolis to Texas, a project that would begin as a link from Evansville to Indianapolis.
Now one of the major problems in Southwest Indiana - arguably a good problem to have - is where to find enough workers.
"Workforce availability continues to be a major issue down here," says Matt Wirth, director of the Pike County Pike County is the name of several counties in the United States:
As the hub of the bustling region, Evansville has seen record growth in business development, hotel construction and retail stores.
Much of the growth had been tied to the arrival of Casino Aztar Casino Aztar is the name of several casinos including:
With a diverse workforce (32 percent white-collar, 27 percent blue-collar, 16 percent technical and 16 percent clerical) the widespread growth in existing businesses has meant the most to the Evansville economy.
Now add to that the huge regional projects, especially the Toyota plant 10 miles up U.S. 41, and local officials are beaming.
A major problem now is finding enough workers for the many lower-paying jobs now available as the existing workforce has "moved up" to better paying employment.
Among the employers expanding recently are Whirlpool Corp., Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , T.J. Maxx T.J. Maxx is a chain of American department stores owned by TJX Companies. It is the largest off-price apparel retailer in the United States offering brand name clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. and the city's three hospitals, all of which completed expansion or remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.
bone remodeling projects in the last 12 months.
Eastland Mall Eastland Mall may refer to:
The county's north side is aiming to be the next growth center because of its proximity to Toyota and the new Azteca Milling Co. plant. Azteca, a Mexican company, makes flour used in corn chips, tortillas, grits grits
coarsely ground hominy served in traditional Southern breakfast. [Am. Culture: Misc.]
See : Southern States and cereals. The $40 million plant will hire 150 workers immediately, generating an annual payroll of $2.6 million. It also will buy $15 million worth of locally grown corn.
The north side is growing so fast that the Holiday Inn Express motel at Interstate 64 and U.S. 41 plans to increase its capacity 50 percent after being open less than a year.
Warrick County continues to develop as both an upscale suburban residential community for Evansville and as an economic-development force in its own right. As home to Alcoa's sprawling Warrick Operations and its 2,600 workers, the impact of Warrick County is clear.
With its population up another 11.5 percent from 1990 to 1996, it's clear that more people are selecting Warrick County and especially scenic Newburgh as their home address.
James Holderread, the county's director of economic development, points to high-quality planned developments such as the new Quail Crossing that combine high-quality home sites with golf and picturesque lakes and streams. As the region's average income goes up, there's a brisk trade-up going on for residential property, and Warrick County is right in the middle of it.
And there's no shortage of economic development, either. The new 69-acre Warrick County Industrial Park already is filling with tenants, among them American Cold Storage, an 83,000-square-foot frozen-food warehouse employing 20, and Packit Container, a small company that specializes in short runs of specialty containers and boxes.
In other areas of the county, Holderread notes American Enviro Services has opened its environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, and oil-reclamation plant in the Warrick Research and Industrial Park near Newburgh, which also is home to a new facility for Evansville Concrete.
And ITT ITT Initial Teacher Training (UK)
ITT I Think That
ITT Invitation To Tender
ITT Individual Time Trial (professional cycling)
ITT In This Thread (forums) Tech recently completed its new vocational school at the Lloyd Expressway The Lloyd Expressway is a major east-west traffic artery in Evansville, Indiana. The road numbering consists of two segments. West of U.S. 41, the road is Indiana 62, and east of U.S. 41 it is Indiana 66. East of U.S. 41, Morgan Avenue becomes Indiana 62, and west of U.S. and I-164, near Evansville's east side.
There's no doubt the economic-development prize goes to AK Steel Corp., which announced that the nation's largest industrial project in 1996 would come to Rockport.
AK Steel's Rockport Works will churn out fiat-rolled steel and employ more than 400 workers full-time when production starts in 1998. Equally as important are the hundreds of construction and trade jobs created by the plant's construction.
Tom Utter, who heads the county's development efforts, says the spinoff companies already are starting to locate in Spencer County.
"Our struggle is we don't have enough places prepared to put them," he said. The new Lincolnland Commercial Industrial Park, a 278-acre parcel served by U.S. 231, is under construction to help provide some places for the new companies.
There's really no way for a county with 19,400 residents to prepare for a billion-dollar plant, but Spencer County is doing its best, trying for controlled growth.
"Less than one out of a thousand communities get this chance to go from underdeveloped to a position of being able to design its future and to work with surrounding communities to add value to this entire region," he says. "If we don't plan for it, it will still happen but it will be less than a maximized opportunity for everyone. If you just let it happen it could be a real mess. Can we educate and motivate the communities to make it happen right? That's the challenge now."
Construction had barely begun on the new Waupaca Foundry, said to be the most modern foundry in the world, and already the company was planning an expansion.
Such is the luck of economic-development officials in Perry County, who have weathered the loss of such major industries as Maxon Marine and Tell City Chair Co. yet wound up in great shape overall.
"I think what's happening in our region is proving we're a player in economic development," says Greg Wathen, director of the Perry County Development Corp.
"We understand what it takes to deliver services to companies that size. And it put Perry County on the map in that it's increased our activity. When companies inquire about this region we can mention Waupaca, Toyota, AK Steel - everyone has heard of one of these companies."
To help prepare for supporting companies and suppliers, the new 318-acre Perry County Industrial Park Riverview is being completed with a million-gallon water tower, water and gas lines and a rail spur. The site is unique in that four utilities have agreed to supply its power and share the proceeds - they are Southern Indiana Southern Indiana, in the United States, is notable because it is culturally distinct from the rest of the state. The area's geography has led to a blend of Northern and Southern culture that is not found in the rest of Indiana. Gas & Electric Co., Tell City Electric, Hoosier Energy and Southern Indiana REC.
More than 400 building permits were issued in Perry County in 1996, an "unbelievable" number for a small county, Wathen says. One of those was to Indiana Pine, a new sawmill sawmill, installation or facility in which cut logs are sawed into standard-sized boards and timbers. The saws used in such an installation are generally of three types: the circular saw, which consists of a disk with teeth around its edge; the band saw, which that's bucking the hardwood tradition of the region and instead making dimensional lumber (Carp.) lumber for building, etc., cut to the sizes usually in demand, or to special sizes as ordered.
lumber, usually of pine, which is sold as beams or planks having a specified nominal cross-section, usually in inches, such a
The Perry County Development Corp. and the town of Tell City also has opened a port at the former Maxon Marine barge-building site. "We're one of the few places where rail touches water in Southern Indiana," Wathen says.
The economic lifeblood of Pike County remains deep in the coal seams of Southwest Indiana, and with all of the demand for power in the region, the future appears bright.
"Our existing businesses are sustaining themselves quite well," says Matt Wirth, director of the Pike County Economic Growth Council. "Actually we're sustaining and growing a little bit."
The two main coal industries in the county, Solar Sources and Kindill Mining, are doing well. "But obviously the coal industry is cyclical, so we're always concerned with the ups and downs ups and downs
Alternating periods of good and bad fortune or spirits.
ups and downs
alternating periods of good and bad luck or high and low spirits of that," he says.
Another cyclical business is aluminum, and two local smelting companies, Four Star and Star Metals, also are doing well.
The county and the Growth Council are developing their first industrial park on 60 acres south of Petersburg. "We hope to attract some suppliers to Toyota and some of the other major industries that have located in the region," he says.
Daviess County hit a home run when it landed the $250 million Grain Processing Corp., plant for Washington.
In addition to the 150 people it will hire to start, the plant itself uses a huge amount of corn - 94 tons per hour - that will give regional farmers a great boost.
With the exception of its grain-processing plant, Daviess County's economic growth has focused on steady growth of its existing industries. David Cox Prominent people named David Cox:
Hoosier Magnetics, an iron-ferrite powder producer, launched new product lines and has 15 workers; Tokheim, which recently merged with a French pump company to become the world's largest pump producer, has 150 workers now; Spectrum Manufacturing, which makes fire nozzles, plans to add a second shift within the year; Graber Post Building and Daviess County Metals have both added new buildings and reinvested in their plants.
In Posey County, the bustling Southwind Maritime Center has become even more busy with the addition of the $175 million Conagra soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been processing and packaging plant that is under construction. The plant is to be in operation by harvest time Noun 1. harvest time - the season for gathering crops
farming, husbandry, agriculture - the practice of cultivating the land or raising stock in 1998 and employ 226 workers to start.
Also at Southwind, Consolidated Grain and Barge is building a second soybean plant, a $35 million operation to crush beans, says Nancy Gibson Burns, director of the Mount Vernon Mount Vernon, estate, United States
Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799. Chamber of Commerce.
Another major employer, B&M Plastics, is adding another 120,000 square feet of warehousing and small manufacturing space.
GE Plastics, the county's largest employer with 1,600 workers at its sprawling plant, is making plans to ride the coming boom in DVD DVD: see digital versatile disc.
in full digital video disc or digital versatile disc
Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. production. The new "Digital Versatile Discs" are widely expected to replace videotapes and CD-ROMs in the next few years. GE Plastics already is a leader in production of Lexan stock used for CD audio and CD-ROMs for computers.
In Dubois County they're celebrating a new plant in nearby Crawford County Crawford County is the name of eleven counties in the United States:
Nancy Eckerle, executive director of the Jasper Chamber of Commerce, says Jasper Engine looked outside of Dubois County to take advantage of a new labor base. The company already employs 1,000 workers at its area operations In maritime usage, operations conducted in a geographical area and not related to the protection of a specific force. , so going outside of the county was a good move from that standpoint.
Indiana Furniture Industries, formerly Indiana Desk Co., recently began work on a new addition to its laminating plant in Dubois County to go with its name change. It will be completed this year.
And tiny Ferdinand is developing and improving an industrial park on Interstate 64 to get it ready for an expected influx of suppliers for Toyota and AK Steel.
KNOX COUNTY There are nine counties named Knox County in the United States, all apparently named after Henry Knox:
One of the major accomplishments for Vincennes has been finally getting permission to tear down to demolish violently; to pull or pluck down.
See also: Tear a long-term community eyesore eye·sore
Something, such as a distressed building, that is unpleasant or offensive to view.
something very ugly
Noun 1. .
The Allied Signal/Prestolite factory has been vacant for 10 years but its demolition was mired mire
1. An area of wet, soggy, muddy ground; a bog.
2. Deep slimy soil or mud.
3. A disadvantageous or difficult condition or situation: the mire of poverty.
v. in legal red tape and environmental cleanups. Now that these matters have been settled, the 24-acre site should be cleared and ready for development this summer, says Dave Kiefer, executive director of the Vincennes Area Chamber of Commerce.
There have been other spots of good news, not the least of which is the location of the Toyota plant in nearby Gibson County. Auto supplier Vincennes Manufacturing Co., which took over manufacturing steel framing for vehicle seats when Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima based in Denver, Colorado) and climate control systems. left town, is doing well and looking to become a supplier to the plant.
Good Samaritan Hospital Good Samaritan Hospital may refer to:
In the United States:
On the city's booming east side there's been a new Wal-Mart Supercenter, a multiscreen movie theater, a new car dealership This article is about car dealerships. For the indie pop band, see Dealership (band).
A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or and other retail development on the newly widened Hart Street.
As expected, most of the focus this year in Princeton has been getting things ready for the massive Toyota Motor Manufacturing Indiana
Toyota Motor Manufacturing Indiana is a wholly owned subsidiary of Toyota Motor Corporation. plant now under roof off U.S. 41 south of town.
Helen Hauke, executive director of the Princeton Area Chamber of Commerce, says Toyota's office workers, which will number about 200, will move into the plant in September. There will be another 1,100 plant workers joining them once the plant opens in mid-1998.
On site now are up to 1,000 construction workers crawling all over the huge site. Just the influx of trade labor has made quite an impact on tiny Gibson County and neighboring Evansville.
"We're just seeing a lot of activity out there," she says. "It's really exciting."
There's constant talk of spin-off business and industry coming to the area, which already has seen two new hotels and several restaurants. Housing activity is brisk in Princeton, Fort Branch, Haubstadt and the north side of Vanderburgh County as workers look for new homes.
"I think everyone in Southwest Indiana is going to really feel the impact of what is happening here," Hauke says.
With so much of picturesque Martin County taken up by the Hoosier National Forest The Hoosier National Forest, in the hills of south central Indiana, provides a wide mix of opportunities and resources for people to enjoy. Rolling hills, back-country trails, and rural crossroad communities make this small but beautiful forest a favorite of tourists. and the Crane Naval Weapons Center, there aren't any huge projects in the works.
"When it comes to major industry we just don't get them," says Jolene McAtee, executive secretary of the Martin County Chamber of Commerce. But what is happening is a slow but steady increase in tourism and a growing list of one-owner businesses being established in the county.
The town of Loogootee has launched a renovation of its downtown, which already has seen some buildings demolished to make way for new development. The town is wooing one corporate client for a factory expansion, but a decision is months away.