2015-2016

Activities Report

ATHENS ECONOMIC DEVELOPMENT CORP.

AEDC SITES & ASSET DEVELOPMENT*

• Airport Property Purchase 296 acres

• 1010 W Corsicana Property Purchase & Finish Out Complete (HVAC Mfg)

• Industrial Park Infrastructure–Roadway extension & utilities to access app. 20 acres

• 1702/1704 Enterprise St.-New leasee’s/training/facility repairs-lease revenue now $13,500/mo.

*STRATEGIC PLAN GOAL 1

TALENT DEVELOPMENT* • NEG Workforce Grant-2 classes held benefitting 2 local employers-15 adult job seekers

• 3 Job Fairs-largest serving 47 employers Total job seekers served 524

• Regional Career Fair-Inaugural event/600+ students all but one Henderson County school

participated

• TVCC & AISD Training-Workforce Grant transferred to AEDC/18 students in program

• Wage & Benefit Survey for ET region

*STRATEGIC PLAN GOAL 4

• AG Power-2015 & 2016 EDPA Complete

• Henderson County Regional Fairpark

• Med-Logics-2015 & 2016

• Steritec

• Athens Bowling Center

• CP Homes

• Philosophy Fit

PROJECT COMPLIANCE

• $25,000 Grant for improvements

COMMUNITY DEVELOPMENT

Coleman Park

• Jan 2015- Sept 2015

• 22 Prospects

• 10 New/12 Existing

• 6 Landed/2 Active

• Oct 2015-March 2016

• 20 Prospects

• 18 New/2 Existing

• 3 Landed/7 Active

PROSPECT LEADS*

*Strategic Plan Goal 2-Marketing

PROJECTS*

2013 - 114

Company Investment Add’l Jobs Job Base

Steritec $ 1,000,000 2-3 12

West Pharma 2 10

FutureMatrix-1704 $ 600,000 15 298

FutureMatrix-1605 $ 3,300,000 100 348

Advanced Rehabilitation

& Healthcare of Athens

$12,000,000 20 86

Existing Industry

*Strategic Plan Goal 2-Marketing

PROJECTS*

Recruitments

Company Investment Jobs

HVAC Manufacturing $1,500,000 25 (11 hired)

CP Homes $2,175,000 16

CMH d/b/a Clayton

Homes

$6,555,680 240

*Strategic Plan Goal 2-Marketing

BUSINESS ASSISTANCE GRANTS*

Entity/Business Investment AEDC Grant

Moonshiner’s $ 20,059 $10,000

Athens Screen Printing $ 17,904 $ 8,952

Army/Navy Pawn $ 20,898 $10,000

Tara d/b/a Athens

Brewing Co

$ 23,825 $10,000

Reliable One $ 35,000 estimated Up to $10,000

Clint Davis-Office Bldg $ 20,000 estimated Up to $ 4,915

Donut Supreme $ 15,729 estimated Up to $ 7,865

CJ’s Resale Shop $ 14,500 estimated Up to $ 7,250

Total Investment $167,915 $68,982

*STRATEGIC PLAN GOALS 2 & 3

ENTREPRENEURSHIP GRANT*

Miranda Perry

*STRATEGIC PLAN GOALS 2 & 3

RECRUITMENT EVENTS*

• 3 CA Mission Trips in 2015

• MD&M Trade Show

• Site Selector Conference

• Team Texas Showcase Event

• SelectUSA FDI

• Regional Broker Dinner

• Regional Broker Rangers Game

• 1 (of 3) CA Mission Trip 2016

• 1 NY-NJ Mission Trip 2016

• Fabtech Trade Show

• IAMC Spring Forum

• Team Texas Sponsor Events

*Strategic Plan Goal 2-Marketing

ADMINISTRATION*

Hosted SBA Banker’s Roundtable w/SBDC US Small Business Administration

Hosted Records Retention Training TX State Library & Archives Division

ED101 Workshop w/AEDC Board & City Council TEDC-Carlton Schwab

Sales Tax Training-3 Board/2 Staff/Counsel TEDC

Open Government Conference Office of Attorney General

Amended AEDC By-Laws

Engaged CPA firm for quarterly compilations

AEDC Company Facebook Page

New website design

Hosted Social Media Training w/SBDC & Chamber

Retail Committee meetings w/retail consultants

Videos

Sewer line @ Hwy 19 & Loop 7 complete Partnership w/AMWA & City

TX Capital Fund Grant FutureMatrix project

New Staff-AEDC Office Manager Susan Jacobs

*Strategic Plan Goals 1, 2 & 3

KEY TAKE-AWAY POINTS

• Continuing to improve AEDC assets

• Our talent development projects have impacted:

up to 47 area employers on 3 different occasions and assisted 524 job seekers;

NEG classes serving 15 adult job seekers

over 600 8th grade students in Henderson County; and

18 high school students

• Project compliance representing $8,306,078 in capital investment and 48 jobs

• Community Development projects improving Coleman Park/Downtown/Gateway Areas

• Participated in at least 15 events to market Athens for business recruitment

• Numerous administration projects

• And lastly….

Contracts for new investment/jobs representing:

New Investment New Jobs Retained Jobs AEDC Investment

$27,298,595

421

456

$1,050,300

The “A” EDC Team

Jess Laird Jeaneane Lilly

John Trent Will Traxson Cliff Barrett

Lisa Denton Susan Jacobs

Carmen Hunt Maurice Cox