Local Economic Overview - Huntington County Economic

Local Economic Overview
Huntington County, Indiana
We help create
jobs in
Huntington County.
Huntington County Economic
Development is a nonprofit
organization, created by the
business community in 1997.
We provide businesses with
many of the services they need
for start-up, expansion, relocation,
incentives and workforce development.
2014 Client Projects
Bendix Reman
Buckeye Applications Company
CSP of Indiana
Ecolab
Gladieux Trading & Marketing
Huntington Aluminum
IMCO
Incipio Devices
J.O. Wolf Tool & Die
Novae Corp.
PHD, Inc.
Standard Auto Parts Group
Two-EE’s Winery
UTEC (2 projects)
8-Year Economic Impact Summary
Year
# of Projects
Total Investment
Net New Jobs
Retained Jobs
2008
10
$29,031,000.00
159
60
2009
9
$35,425,000.00
449
257
2010
6
$34,649,000.00
444
648
2011
13
$32,085,736.00
132
970
2012
8
$20,644,130.00
166
1,313
2013
12
$37,997,400.00
250
909
2014
15
$34,873,010.00
365
1,814
3
$7,848,377.00
3
961
76
$232,553,653.00
2015 YTD
Totals
1,968
6,932
3 Completed Projects –
*New Capital Investments = $7,848,377.00
*Retained Jobs = 961
*New Jobs = 3
2015 YTD Clients –
Gerdau Steel
Huntington Sheet Metal
UTEC
Things Made in Huntington
Why Huntington County?
Location | Workforce | Value
Ideal Location
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Heart of Great Lakes region
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Easy access to Indianapolis, Chicago,
Detroit, Cincinnati & Louisville
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Many transportation assets:
o Norfolk Southern Rail
o I-69 NAFTA Corridor
o U.S. 24 Hoosier Heartland
Industrial Corridor
o U.S. 24 Fort to Port Corridor
o Fort Wayne International Airport
(FWA)
o Huntington Municipal Airport
(HHG)
Talented Workforce
Our highly skilled workforce and pro-business environment have convinced these international giants to
locate multimillion-dollar facilities here:
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Waterloo, Ontario-based Onward Manufacturing
Brazilian-based Gerdau Steel
Helena Chemical, a division of Tokyo-based Marubeni Corporation
Australian-owned Auger Torque
French-owned Schneider Electric
Bendix Commercial Vehicle Systems, a member of Germany’s Knorr-Bremse Group
Great Value
Compared to major metropolitan markets, the cost to acquire and renovate a building in Huntington
County is much less—as is the cost of a greenfield site or a skilled workforce. The bottom line?
Yourinvestment goes further here.
Quality of Life
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Housing market
Financial services opportunities
Transportation systems
Regional economic development collaboration
Fort Wayne – Indiana’s 2nd largest city minutes away
o Hotels & dining
o Arts & entertainment
o Professional athletics
o Universities/education
o Cultural
o Shopping
Huntington County amenities
o Outdoor recreation
o Historical museums
o Universities/education
Outstanding regional healthcare
o Parkview Health
o Lutheran Health Network
Largest Employers in Huntington County
Employer
Approximate # of Employees
UT Electronic Controls Division
800
Huntington County Community School Corp.
789
Bendix Commercial Vehicle Systems
600
Our Sunday Visitor
350
Novae Corp
350
Parkview Huntington Hospital
350
Onward Manufacturing
300
Continental Structural Plastics
300
Pathfinder Services
300
Transwheel Corporation
280
Huntington University
182
Local Business Environment
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Building & construction expertise
Freight & logistics support
Regional workforce development
Regional economic development cooperation
Media
Marketing & advertising expertise
Telecommunications expertise
Contact Us
Mark Wickersham, Executive Director
Office: 260.356.5688
Cell: 260.388.3939
Email: [email protected]
Website: hcued.com