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J C E D O AJ C E D O A N N U A LN N U A L

RR E P O R TE P O R T

JJASPERASPER CCOUNTYOUNTY EECONOMICCONOMIC DDEVELOPMENTEVELOPMENT OORGANIZATIONRGANIZATION, I, INCNC..

THE PIG ADVENTURE AT FAIR OAKS FARMS/LEGACY FARMS IN FAIR OAKS, IN

2 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

ABOUT US The Jasper County Economic Development Organization, Inc. (JCEDO) is the countywide economic development entity for Jasper County, Indiana. A public-private partnership incorporated in 1986 as a 501(c)(3) corporation, JCEDO’s Mis-sion Statement is: “Strengthen and diversify the local economy, attract quality jobs, and encourage en-trepreneurial growth to create opportunities for Jasper County and its residents.”

Dear Stakeholders:

Thank you for supporting JCEDO during our 2012-2013 fiscal year ending June 30, 2013. Because of your commitment and contributions, JCEDO is Jasper County’s leading economic de-velopment advocate working to build our local economy.

In the past year, JCEDO has: Assisted companies both large and small with job crea-

tion/capital investment projects; Continued to strengthen/build relationships with busi-

nesses, stakeholders and partner organizations; Refined and enhanced our marketing efforts and related

promotional information; Intensified our focus on community development initia-

tives designed to improve competitiveness.

We hope you find this report meaningful and we’re optimistic about achieving even greater things in 2013-2014. Thanks again and best wishes for your success!

Jon Schwab, Chairman

2012 – 2013 JCEDO BOARD OF DIRECTORS

Jon Schwab – Presidio Group Dirk Eggleston – T&M Limited Partnership CHAIRMAN VICE CHAIRMAN

Bill Del Principe – Del Principe & Allie, CPA’s Bryan Washburn – Jasper County REMC TREASURER SECRETARY

Tony Albrecht – Lafayette Bank & Trust Kendell Culp – Jasper County Commission John Dyke – Town of DeMotte Kenny Haun – City of Rensselaer

Alan Hurley – Evers & Gratner Farms Larry Kosanovich – AmeriMac McDonalds Steve Marsh – Titan Construction Services JoAnn McElfresh – Jenkins Realtors Dennis Riegelnegg – Saint Joseph’s College Todd Sammons – Randle & Sammons Tim Schreeg – Jasper County Hospital David Schrum – Kentland Bank

Robert Smith – CenturyLink Stephen Spicer – Clinic of Family Medicine

Diane Thalmann – NIPSCO Rodney Urbano – Town & Country Paving

Mitch Van Kley – The Hamstra Group Craig Wagner – Stark Truss

James Wakefield – Clinic of Family Medicine Kevin Kelly PRESIDENT Emily Gross Jasmine Hall ECONOMIC DEVELOPMENT COORDINATOR COMMUNITY & BUSINESS RELATIONS COORDINATOR

FY 2013 FINANCIAL RESULTS

(unaudited)

Total Revenue $168,574

Total Expenses

$155,067

Net Income $13,507

CONTENTS

ABOUT US – 2

MARKETING OUR ADVANTAGES – 3

WORKING WITH OTHERS – 4

COMMUNITY INVOLVEMENT – 5

BUSINESS ASSISTANCE INITIATIVES – 6

INVESTMENT PROJECTS – 7-9

3 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

MARKETING OUR ADVANTAGES One of JCEDO’s principal priorities is to tell Jasper County’s positive story and strengthen its brand recog-nition and favorable reputation in the marketplace. In the 2012-2013 fiscal year, our emphasis was on improving the promotional activities launched in previous years and to continue to expand their reach. Our primary means of communication were: The 2013 Guide to Jasper County Indiana supplies information on a variety of topics important to people evaluating business investment decisions. The

guide is updated annually at the beginning of each calendar year and contains data related to demographics, transportation infrastructure, labor force, education, utility services, and quality of life. JCEDO’s News For You E-Newsletter is distrib-uted electronically on the first day of each month to approximately 825 people and organi-zations. The purpose of the publication is to regularly communicate with our stakeholders and contact network, provide meaningful information about development and related activity taking place in Jasper County, and to posi-tively promote Jasper County and its attributes.

Visit JCEDO’s cutting edge website at: WWW.JASPERCOUNTYIN.COM. Access Available Property Information, Interactive Maps and News Articles. Obtain Jasper County and Northwest Indiana Pro-files and descriptions of DeMotte, Remington, Rensselaer and Wheatfield. Understand the Reasons To Invest here including our Delightful Living, Educational Excellence, Energy Efficiency, Favor-able Demographics, Human Talent, Logistical Advantages, Pro-Business Programs and Strong Economy. Discover how we are Building From Within to improve our attractiveness as a business and residential location. Also access lo-cal Employment Opportunities and learn more about JCEDO and our Leadership.

If you enjoy participating in or following local events and happenings, be sure to regularly visit, “Like” and contribute to JCEDO’s Facebook Page! It’s a great source for planning your schedule and recapping the exciting activities taking place in Jasper County

and our communities. Remember to also listen to our monthly interviews on WRIN 1560 Radio. In the past year, JCEDO hosted several networking and educational events in order to provide value to our stakeholders, increase our visibility, and bring leaders from throughout Jasper County and the region

together. The JCEDO Golf Outing and Annual Meeting last August was a big suc-cess culminating in our annual election and awarding of The JCEDO Cup to the win-ning golf foursome. We held the 3rd Annual JCEDO Christmas Party in December to celebrate the spirit of the season. In June, JCEDO was honored to partner on Lieutenant Governor Sue Ellspermann’s Jasper County Business & Agricultural Conversation at Saint Joseph’s College designed to solicit input from small and large businesses alike regarding issues impacting their success.

4 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

WORKING WITH OTHERS Essential to JCEDO’s success are the relationships with our economic development partners. We work with them primarily on business attraction and expansion projects, marketing initiatives, and public pol-icy advocacy. JCEDO is also actively represented at numerous meeting and events held throughout the year. The table below right lists the regional, state and national events we attended in 2012-2013. Our principal economic development partners include: The Indiana Economic Development Corporation (IEDC) is focused on marketing Indiana and identifying businesses that are considering relocation and/or expansion. They also provide tax and related incentives to stimulate investment activity. In addition, the IEDC operates the online ZoomProspector database

which includes 53 available industrial, commercial and office properties located in Jasper County representing 417,000 square feet of building space and 2,385 acres.

The Northwest Indiana Forum (NIF) is our regional economic development entity for the seven-county area including Jasper, Lake, LaPorte, Newton, Porter, Pulaski and Starke Counties. JCEDO is represented on the NIF’s Economic Development Committee and is

active in supporting the NIF’s legislative proposals.

Our utility partners including the Indiana Mu-nicipal Power Agency (IMPA) and NIPSCO are engaged in marketing initiatives and provide sponsorships that support JCEDO’s network-ing and promotional related activities. The Indiana Economic Development Associa-tion (IEDA) represents the interests of eco-nomic development professionals across the state. JCEDO participates through service on

the Board of Directors, the Program Committee and with legislative initiatives.

JCEDO cultivates relationships with the Indi-ana General Assembly and other elected offi-cials/staff at the federal, state and local lev-els in order to influence government affairs impacting Jasper County. Ivy Tech Northwest provides regional leadership in promoting entrepre-neurship. Last year JCEDO was involved with their Dare to Dream Committee.

REGIONAL, STATE AND NATIONAL EVENTS ATTENDED

Amtrak Hoosier State Meeting Ball State University Basic Economic Development Course

Bio International Trade Show BMW Golf Tournament Hospitality Event

Bruce Carter Associates IMS Hospitality Event Cassidy Turley State of Real Estate Event

Conexus Manufacturing/Logistics Breakfast Doing Business in the United Kingdom Seminar

IEDA Fall, Annual, Spring and Summer Conferences IEDA Legislative Day

IEDC Overseas Offices Reception IMPA Applied Economics Modeling Training

IMPA Economic Development Partners Meeting IMPA Non-Profit Fundraiser Luncheon

IMPA Site Selectors Meetings Indiana Commercial Real Estate Conference - Speaker Indiana Corn Marketing Council Ethanol Conference Indiana Economic Forum Annual Meeting - Speaker

Indiana Main Street Annual Conference Indiana Main Street Community Exchange Event

Indiana Vision 2025 Statewide Summit International Manufacturing Technology Trade Show

Ivy Tech Northwest Dare To Dream Cross Country Breakfast Ivy Tech Northwest Leadership Luncheon

Ivy Tech Northwest Society of Innovators Induction Ceremony KIRPC Comprehensive ED Strategy Meeting

National Federation of Independent Business Legislative Day NIF Legislative and Legislative Appreciation Receptions

NIF Northwest Indiana Reception One Region Leadership Luncheon

Portage Economic Development Corporation Luncheon Promat Trade Show

Purdue University Extension 2013 State Budget Seminars Purdue University Technology Road Show

South Shore CVA Partnership Summit 2012 Indiana Rural Summit

2012 International EDC Annual Conference

5 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

COMMUNITY INVOLVEMENT Jasper County and its municipalities are enhancing their desirability as a business and residential location through several strategic community development initiatives. JCEDO is working hard to support these efforts and highlights of the progress made in 2012-2013 include:

The Jasper County Council approved a 5 percent Uniform County Innkeeper’s Tax (hotel/motel tax) in July 2012 with collection started in 2013. Subse-quently, the Jasper County Commissioners created the Jasper County Tourism Commission (JCTC) as the vehicle to invest these tax dollars to promote tour-ism, lodging options and related economic activity. JCEDO helped establish the tax collection system and is actively involved in the JCTC’s process of be-coming operational.

Following ten years of planning and construction, the Town of DeMotte’s Northwest Jasper Regional Water District (NORWEJ) began operating the com-munity’s new $14 million water system. Formerly the largest municipality in Indiana without a water system, the new treatment facility, water tower and distribution network was financed through a grant/loan provided by the U.S. Department of Agriculture – Rural Development office. The City of Rensselaer completed the $2 million interceptor sewer that serves the east side of the I-65/State Route 114 Interchange. This project helps the environment by replacing privately owned/operated

septic systems and provides the infrastructure needed for future eco-nomic growth. With this project completed, the City is preparing to initiate extension of water service along the SR 114 corridor to I-65. Rensselaer also opened beautiful Potawatomi Park downtown featur-ing a riverwalk, event lawn, arbor, public parking, and historic walking bridge over the Iroquois River.

The Town of Remington made progress in their efforts to prioritize and implement recommendations made in the Remington Downtown Revitalization Plan. They de-signed and successfully completed installation of a new gateway sign for downtown with the assistance of a grant from the Indiana Office of Community and Rural Af-fairs. They also expanded their wastewater treatment plant capacity, worked with local philanthropic interests to acquire a building to provide for increased Senior Center activities, and entered the state’s Stellar Communities Program competition. In the past year, JCEDO worked on numerous initiatives sponsored by the DeMotte Chamber of Com-merce, the Remington Wolcott Community Development Corpo-ration, Remington Main Street, the Greater Rensselaer Chamber of Commerce, Main Street Rensselaer, and the Wheatfield Cham-ber of Commerce. We were involved in community festivals, farm-ers markets, golf outings, grant programs, holiday events, parades, park improvements, parking issues, research and planning, retail promotions, and ribbon cutting ceremonies. JCEDO also regularly attended meetings of the governing bodies of Jasper County and its four municipalities in order to stay current on local issues, pro-vide input and support, and maintain accessibility and visibility.

LOCAL GOVERNMENT MEETINGS ATTENDED IN 2012-2013

Rensselaer City Council (12) Jasper County Council (11)

Jasper County Commissioners (9) DeMotte Town Council (7)

Remington Town Council (7)

Wheatfield Town Board (6)

6 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

BUSINESS ASSISTANCE INITIATIVES JCEDO is committed to maintaining and en-hancing a Jasper County business climate that stimulates the retention, expansion, attraction and creation of profitable busi-nesses. Through our network of stake-holders and economic development part-ners, we supply information and expertise, make real estate recommendations, and provide access to financial incentives such as tax increment financing and tax abate-ment designed to help businesses grow and prosper. A Prospect is classified as a retention, expansion, attraction or business creation project. Informational assistance furnished to other entities is considered an Inquiry. The charts quantify the New Prospects (55), Inquiries (35), Visits/Presentations (12), Prospects By Source, and Property Recommendations (80) made in the past fiscal year. These results are similar to 2011-2012 with the exception of Property Rec-ommendations, which declined from 106 or 25%.

Direct outreach is essential to our Business Reten-tion and Expansion Program. Last year we visited 109 Jasper County businesses and organizations in order to develop and enhance relationships, identify growth opportunities, address challenges, and express appreciation. This was a 36% increase over the 80 visits we made in 2011-2012. We also network with business leaders through the Demotte Chamber of Commerce, the Remington Wolcott Community Development Corporation, the Greater Rensselaer Chamber of Commerce, and the Wheatfield Chamber of Commerce.

Relationships are also crucial to the success of our Business Attraction Program. JCEDO works closely with our economic development partners including the Indiana Economic Development Corporation, the Indiana Chamber of Commerce, the Indiana Office of Community and Rural Affairs, the Northwest Indi-ana Forum, the Kankakee-Iroquois Regional Planning Commission, the Indiana Municipal Power Agency, and NIPSCO to identify prospect leads. JCEDO continued to expand our E-Blast Mar-keting Initiative in 2012-2013. Our focus re-mains real estate and manufacturing entities located along the I-65, 80, 90 & 94 corridors in the central and northwest quadrant of Indi-ana as well as the real estate community serving the Chicago metropolitan area. We distributed 24,680 electronic flyers to our targeted contacts compared with 13,290 last year - an 86% increase.

16.3%

13.8%

12.5%

11.3%10.0%

10.0%

8.8%

6.3%

6.3%

3.8%1.3% Smith Transport Building

Small Commercial Space

Lintner Industrial Park

Greenfield Parcels

Drexel Industrial Park

Johnson Building

Presidio Building Rensselaer

Remington Industrial Park

Smith Industrial Building

Presidio Building Remington

Schumacher Electric Building

PROPERTY RECOMMENDATIONS

45.5%

12.7%

9.1%

9.09%

9.1%

5.5%

5.5%3.6%

IEDC

E-Blasts

BRE Calls

Previous Relationships

Referrals

Regional ED Partners

Trade Shows

Call Ins/E-Mails

PROSPECTS BY SOURCE

0

2

4

6

8

10

NEW PROSPECTS - INQUIRIES - VISITS/PRESENTATIONS

New Prospects Inquiries Visits/Presentations

7 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

INVESTMENT PROJECTS

In the past year a diverse group of companies across Jasper County capitalized on new or continuing in-vestment opportunities in order to grow their businesses and improve competitiveness. Others in-creased employment incrementally to meet demand for products and services without making significant capital investments in new equipment and/or facilities. These activities are compelling evidence of the strength of the Jasper County economy and the attractiveness of its business environment to new and expanding businesses. The level of JCEDO’s involvement with these projects differs depending upon the unique need each has for our assis-tance. In addition to providing direct support, our role also includes quantifying new investment and job creation pro-jects that occur in Jasper County without our help. Briefly described below and on the following two pages are 13 successful projects that resulted in significant new capital investment in facilities and/or expanded pro-duction capacity. These projects were either completed in the past year or are currently under construc-tion with completion expected in the near future. In alphabetical order, they are:

BELSTRA MILLING COMPANY – DEMOTTE, IN Phase 2 expansion of animal feed production com-plex with a $2.5 million capital investment, up to 5 new employees and completion in late 2013

CARPENTER CREEK CELLARS – REMINGTON, IN Indiana’s newest winery and tasting room opened in March 2013 with a production cycle capacity of 900 gallons, a $200,000 capital invest-ment and three employees

EMBERS VENUE – RENSSELAER, IN Exciting new 4,800 SF entertainment and special events venue with a capacity of 220 opened in March 2013 with 3-4 employees following a $150,000 renovation of an historic down-town building

Ribbon Cutting Ceremony held April 9, 2013 for Advance Auto Parts’ Distribution Center

in Remington, IN that opened last year

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2012-2013 JCEDO ANNUAL REPORT

INVESTMENT PROJECTS (CONT.)

FAMILY AUTO SALES – RENSSELAER, IN New pre-owned car and truck dealership primarily selling Ford vehicles leased 10,000 SF in December 2012 and employs 4

MONSANTO COMPANY – REMINGTON, IN

Investing $30 million to expand seed corn processing facility with completion expected in Fall 2013 result-ing in 2 additional jobs

LOUCK FAMILY MEDICINE – RENSSELAER, IN Thirteen employee family medical practice con-structed a new 7,500 SF office/clinic that opened in April 2013 with expanded patient services

LFM

FARM CREDIT MID-AMERICA – RENSSELAER, IN Constructing new 6,997 SF, $1.4 million office facility expected to open in September 2013 with the possi-ble addition of 1 employee to their current staff of 10

THE PIG ADVENTURE/LEGACY FARMS – FAIR OAKS, IN Twenty-nine acre, 143,000 SF, $10 million hog farm, educational facility and tourist attraction with 2,700 sows producing 80,000-90,000 baby pigs annually and employing 30

9 JASPER COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC.

2012-2013 JCEDO ANNUAL REPORT

INVESTMENT PROJECTS (CONT.)

OAK GROVE CHRISTIAN RETIREMENT VILLAGE – DEMOTTE, IN Greencroft Communities affiliated skilled nursing/assisted living facility completed $3 million expansion in June 2013 which added 10 skilled nursing beds, a rehabilitation & therapy center, and 14 employees

TRACTOR SUPPLY COMPANY – RENSSELAER, IN

New 19,997 SF, $2.4 million retail store supplying farm and rural oriented products opened in March 2013 with 12 employees

TA TRUCK SERVICE – DEMOTTE, IN New $3.4 million truck repair center opened in May 2013 with 20 jobs adjacent to Travel Centers of Amer-ica’s existing facility

TERBORG DISTRIBUTING – DEMOTTE, IN Regional beverage distributor invested $150,000 to add 6,400 SF and 3 employees to their headquarters/warehouse with completion in January 2013

TD

REMINGTON SEEDS, LLC – REMINGTON, IN Seed corn processing plant expansion representing $13.5 million capital investment and addition of 6 jobs with completion anticipated in Fall 2013