2015 REPORT TO INVESTORS
Transcription
2015 REPORT TO INVESTORS
2015 REPORT TO INVESTORS forwardsiouxfalls.com FORWARD SIOUX FALLS: BUILDING A STRONG FOUNDATION Mark Shlanta SDN Communications Forward Sioux Falls 2011-2016 Joint Venture Management Committee Chair Forward Sioux Falls has never been about repeating the same things over and over. Throughout each of our six programs, we’ve reimagined our priorities for our community based on current challenges and opportunities. Our programs focus on a diverse set of initiatives to create the longest lasting impact. The successes from each initiative build on each other, helping the entire Sioux Falls area grow and prosper. Our efforts in business retention and national marketing help forward our workforce development efforts. The work we’re doing in creating a culture for research and entrepreneurship also helps retain businesses and attract more people to our community. By focusing on how we can continue to enhance our quality of life, we make our community better for our future residents and current residents. Collectively, our Forward Sioux Falls initiatives build a strong foundation for a strong community. As we close out the final year of the 2011-2016, it’s exciting to look to the future at new opportunities and to reflect on successes in our current program. The following pages detail some of the progress we’ve made in the last year. Thank you for helping move Sioux Falls forward through your investment. Forward Sioux Falls is managed by the Joint Venture Management Committee (JVMC), which is made up of the executive committees of the Sioux Falls Area Chamber of Commerce and the Sioux Falls Development Foundation, plus two at-large members. The current JVMC includes: 2015 OFFICERS 2015 MEMBERS Chair Mark Shlanta, SDN Communications Paul Bruflat, CNA Surety Dave Rozenboom First PREMIER Bank Vice Chair Scott Lawrence, Lawrence & Schiller Tyler Haahr, MetaBank Keith Severson, Eide Bailly LLP Secretary Dana Dykhouse, First PREMIER Bank Dave Kapaska, D.O. Avera McKennan Hospital & University Health Center W. Tom Simmons, Midcontinent Communications Treasurer Dale Froehlich Prairie Winds Capital, LLC Dr. Charles “Pat” O’Brien, Sanford International Clinics Jim Soukup, Soukup Construction forwardsiouxfalls.com RESEARCH, TECHNOLOGY & ENTREPRENEURSHIP GOAL: To maximize the economic impact of high growth businesses, entrepreneurs and innovators in the Sioux Falls MSA. SOUTH DAKOTA TECHNOLOGY BUSINESS CENTER •The SDTBC staff implements the Forward Sioux Falls Research, Technology & Entrepreneurship initiative and has taken the lead role in developing and managing the USD Discovery District. •In 2015, the SDTBC expanded its staff and hired Tom Stengrim as its Vice President to implement the organization’s new strategic plan. •The SDTBC completed 11 years of operation in 2014 and has graduated 23 companies, including nine during the current FSF program, into the greater Sioux Falls area. Preliminary economic impact data for 2014 shows SDTBC clients and graduates employ more than 720 people and secured nearly $8.9 million in additional equity funding. CULTURE OF ENTREPRENEURSHIP •Forward Sioux Falls continues to sponsor Innovation Expo, the region’s leading entrepreneurship event that attracts more than 400 attendees to Sioux Falls every year. In 2015, Innovation Expo will showcase all of the 2015 Accelerator Challenge participants with the top Accelerator companies getting the opportunity to pitch for investment to angel and venture capital investors.. The SDTBC secured a $50,000 SBA grant to assist with the 2015 Accelerator Challenge that runs May 20-Sept. 18. More than 20 companies applied for the program and up to 10 will be selected to participate in this program that includes a $50,000 project funding pool provided through a partnership between FSF and the Governor’s Office of Economic Development. Fifteen of the 20 previous Accelerator participants are still growing their businesses in South Dakota. These companies have a combined 60 employees and have secured more than $2.5 million in funding since participating in the program. forwardsiouxfalls.com START-UP AND EARLY-STAGE CAPITAL •Through the SDTBC, FSF invested $200,000 in South Dakota Innovation Partners. This early-stage fund is investing in several start-up companies with novel technologies including Medgene Labs, Tranzderm Solutions and Prairie Aquatech. Both Prairie Aquatech and Medgene labs plan to construct production facilities in South Dakota. •SDTBC supported angel investor educational events and the Enterprise Institute’s efforts to create new angel funds throughout South Dakota. Four new South Dakota angel funds have been launched and are actively seeking investments. A fifth South Dakota angel fund will be launched in Sioux Falls in 2015. RESEARCH AND DEVELOPMENT INFRASTRUCTURE •Assisted USD in securing $500,000 to plan for expansion of the USD GEAR Center in Sioux Falls. The team of Architecture, Inc. and Perkins & Will have been hired to develop the program for the GEAR expansion. •Worked with USD to establish and promote the use of the Aseptic GMP Production and Training Center located at the GEAR Center in Sioux Falls. This 835 sq. ft. clean room suite will be used for the production pharmaceuticals, medical devices and biologics for phase I and phase II clinical trials. Four companies are currently planning on using the space for these purposes. •USD is planning a GLP/GMP certificate program for Sioux Falls to develop the workforce necessary to launch, grow and attract life sciences companies in the region. The master plan for the newly named University of South Dakota Discovery District was completed in early 2015 and planning is currently underway for the first phase of infrastructure and the District’s first facility. The master plan calls for creating an 80-acre mixed use, urban environment to foster interaction between students, researchers and entrepreneurs. When completed the District will include 26 two-story buildings totaling more than 1.1 million sq. ft. of research, high-tech office, production, retail and residential space. David Green with Perkins & Will, said establishing an integrated district is vital to its success. “The Discovery District needs to be a platform for bringing together a strong cross-section of the great research and commercial opportunities in South Dakota from around the United States and the world,” Green said. “This is a model for global innovation and long-term investment in the future of the region.” The Discovery District is now working with Confluence and Sayre & Associates to design the first phase of road and utility infrastructure. Construction of the 2,039 linear ft. of street and utilities is planned to start as soon as funding is available. A general fund appropriation from the South Dakota Legislature secured $500,000 for infrastructure construction. At the same time, a feasibility study is underway for the first potential new building. A need for pharmaceutical and biologic production space was identified last during the master planning process. The feasibility study will evaluate the requirements of potential tenants; model a facility design and construction costs; and recommend strategies for developing and operating a facility. “2015 is an exciting year,” said Rich Naser, USD Discovery District President. “The USD Discovery District is transitioning from a concept and plans to a physical development and ongoing operation.” The USD Discovery District master plan can be found at usddiscovery.com. USD DISCOVERY DISTRICT MISSION To foster economic development by: •Growing university research capacity, resources, and talent •Connecting these university strengths with the private sector •Fostering entrepreneurship and commercialization •Developing the physical infrastructure to support research and innovation-based businesses ECONOMIC IMPACT When fully developed the District will include: •$3.6 million in road and utility infrastructure construction; •26 buildings totaling 1.16 million sq. ft. of space; •Total facility construction cost of more than $314 million •2,800 employees working within the District USD DISCOVERY PARTNERS The USD Discovery District is a partnership between: •the University of South Dakota •the South Dakota Board of Regents •Forward Sioux Falls •the Sioux Falls Development Foundation •the Sioux Falls Area Chamber of Commerce •City of Sioux Falls The Board of Regents provided 80 acres of land for $1 per year for 99 years. USD and Forward Sioux Falls each invest $135,000 annually for developing, operating and marketing the Discovery District. The City of Sioux Falls provided $67,500 for the Discovery District Master Plan. USD committed $500,000 of a $1 million general fund appropriation for construction of Discovery District road and utility infrastructure. forwardsiouxfalls.com To attract companies to Sioux Falls, a lead generation firm put us in contact with companies looking to relocate or expand to another location. We’ve worked hard to noticed by site select Through our combined efforts: Teaming with a firm that specializes in marketing places, we continue to build relationships with site selector consultants. New York Chicago Dallas were hosted in major cities in order to familiarize them with Sioux Falls and South Dakota were reached at a Twin C economic development forwardsiouxfalls.com National marketing efforts have been a strong component of the Forward Sioux Falls 2011-2016 program. Since this initiative’s inception, we’ve achieved amazing results in helping tell Sioux Falls’ story; here’s a snapshot of our progress to date: o get Sioux Falls tors have visited Sioux Falls on Familiarization (FAM) Tours Both State and City officials have participated in the meetings Cities t blitz Through these efforts, relationships have been built with We know we’re a great city — and word is getting out about Sioux Falls’ advantages Through rankings and positive news stories across a variety of media outlets that have been shared globally, Sioux Falls has effectively earned recognition through third-party endorsements. The Sioux Falls story has been told by these media outlets — and many more: NPR USA Today Forbes Business Week CNN CNBC Industry Week New Geography U.S. News & World Report Chicago Tribune Marketplace In 2014, Gov. Dennis Daugaard gave interviews to six top-tier media companies, including Bloomberg, The Economist, Forbes, Fortune, TheStreet and The New York Times as part of an outbound media tour. forwardsiouxfalls.com QUALITY GROWTH & ADVOCACY GOAL: To advocate for the policies, infrastructure and amenities necessary to ensure the Sioux Falls MSA grows effectively and sustainably. SIOUX EMPIRE HOUSING PARTNERSHIP AIR SERVICE/PORT OF ENTRY Forward Sioux Falls has partnered with the Sioux Falls Airport Authority in marketing the Sioux Falls Regional Airport. Through the recession, the airport not only maintained service but even added flights. Improvements at the airport in the last five years include the new AeroStay Hotel with 75 rooms, which will open in June 2015. A security checkpoint and lobby expansion is also underway and will be finished in 2016. Forward Sioux Falls also supports the state’s only International Port of Entry located at the airport. Five of the state’s larger manufacturers export close to $200 million each year combined — which doesn’t include live animals or food. Selling internationally benefits South Dakota businesses by providing new markets for their high-quality, American-made products. South Dakota exported $1.6 billion in goods in 2014, a 91 percent increase in the past decade. A report from the U.S. Department of Commerce found that the state had 939 companies exporting goods in 2013 and that 75 percent of the exporters were small or medium-sized businesses. The Sioux Empire Housing Partnership was established in 1997 by the Sioux Falls Area Chamber of Commerce and the Sioux Falls Development Foundation to promote affordable housing for workforce development. The Partnership’s programs include homebuyer and rental education. SEHP staff advise clients on credit repair, debt reduction, budgeting and goal setting. The budget process is also important for renters. The Partnership is working with The Costello Company in one of their Tax Credit projects to bring all aspects of financial literacy to their tenants. The SEHP conducts sessions with The Dunham Company clients who have participated in their lease/ purchase homes. Affordable Housing Solutions has also agreed to allow the SEHP to provide homebuyer education to their tenants. Expanding homebuyer education to more Sioux Falls area residents remains a priority. The SEHP continues to maintain its Spanish website and promote bilingual education programs to the Spanish-speaking community. The SEHP has provided 150 housing units since 1997. This added $14 million worth of housing stock which relates to just under $12 million of taxable property. NATIONAL MARKETING & PUBLIC RELATIONS GOAL: To aggressively promote the Sioux Falls area as a competitive location for business and talent to both external and internal audiences and elevate Sioux Falls’ presence in the national market. forwardsiouxfalls.com The infographic on the previous pages detail many of the major accomplishments made in the areas of National Marketing & Public Relations as well as Business Retention, Expansion & Attraction. To read the stories in which Sioux Falls has been featured, go to issuu.com/siouxfallschamber to read the compiled mentions of Sioux Falls in national media. WORKFORCE GOAL: To leverage and expand existing resources to create a skilled workforce pipeline for the area’s diverse business sectors and to optimize the resources from the Sioux Falls MSA public and private school systems to two- and fouryear degree programs and beyond. How can we best develop our workforce to ensure that we are fully prepared for the opportunities to come? To answer this question and take stock of the region’s overall progress, Forward Sioux Falls leaders have engaged Market Street Services to facilitate a six-month process to leverage recent and existing studies and initiatives. It’s led by a task force comprised of business, government and education leaders, as well as investors and volunteer leaders from the Sioux Falls Area Chamber of Commerce and Sioux Falls Development Foundation. The process kicked off in January 2015 with focus groups, interview sessions and an online survey to drill down on issues related to short- and long-term workforce needs and opportunities. Market Street completed a competitive assessment of how Sioux Falls compares to peer and aspirational communities, as well as evaluating how the Sioux Falls area is doing now compared to its performance in years past. A variety of data was analyzed in the areas of Economic Performance, Workforce Competitiveness, Innovation and Entrepreneurship, Business Environment, and Quality of Life and Place. Since 2003 365 internships with more than 70 business partners through the Forward Sioux Falls Interns in Industry program. In the summer of 2015, the task force will share the recommended Strategic Workforce Action Agenda, building on the first three phases. It is expected that there will be strategies that focus on immediate, mid-term and long-term needs and opportunities. Once the strategic items have been identified, guidelines can be developed to implement the action agenda. The work being conducted by the task force complements efforts already underway at the local and state levels to study workforce and promote opportunities available here and across the state. In the end, Sioux Falls will have clear answers to questions like: Do we have a sustainable workforce capable of supporting job growth in the decades ahead? Where are there more immediate workforce training needs? What parts of the country are workers coming from? The results will help drive future initiatives. Since 1997 More than 5,500 high school shadows with more than 200 business partners through the Forward Sioux Falls ShadowEd program. forwardsiouxfalls.com THANK YOU All organizations and individuals listed here have contributed to the Forward Sioux Falls 2011-2016 program. Thank you for your support in helping us move Sioux Falls forward. A & B Business Solutions AB Propane, Inc. Accord Commercial Real Estate, LLC Advertising Arts, Inc. ADP (Automatic Data Processing, Inc.) ADwërks Agan Drywall Supply, Inc. Alan Amdahl Construction Co. Alliance Communication Co. AMERI/STAR Real Estate, Inc. American Electric Construction American Engineering Testing, Inc. Anesthesia Physicians, Ltd. Anesthesiology Associates, Inc. Anonymous Architectural Roofing & Sheetmetal, Inc. Architecture Incorporated Argus Leader Media Ron Arndt Assam Companies Associated Consulting Engineering, Inc. Augustana College Auto Body Specialties AvailAbility Employment Services Avera Health Avera Heart Hospital of South Dakota Avera McKennan Hospital & University Health Center AWE Financial LLC Insurance & Financial Services Ayres & Associates BabyTown-Kidstuff, Inc. Baete-Forseth HVAC Bank of the West Bankers Trust Company of South Dakota Banner Associates, Inc. Batcheller Investments, LLP Baumgartner’s Electric, Inc. Bell Incorporated Bender Commercial Real Estate Services Gerald Beninga Bierschbach Equipment & Supply Billion Automotive Bluestem Capital Company, LLC Bockorny Group, Inc. Boen & Associates, Inc. Bowden Productions, Inc. Boyce, Greenfield, Pashby & Welk, LLP Brandt Solomon & Anderson LLP Brown & Saenger Bruning Marketing & Promotions Builders Supply Co. Dakota King dba Burger King Burns Moving & Storage Butler Machinery Co. forwardsiouxfalls.com C.A. Rickert & Associates, Inc. Cadwell Sanford Deibert & Garry LLP Canfield Business Interiors CAPITAL Services, Inc. Carriernet Group Financial, Inc. CBM Managed Services Century Business Products, Inc. CenturyLink Children’s Care Hospital & School Children’s Dental Center Chip N Dale Coffee Co. CHR Solutions, Inc. Christoffels & Co. Cimarron Label Cisco Systems, Inc. Citi City Glass & Glazing, Inc. City of Harrisburg City of Sioux Falls Click Rain, Inc. Climate Systems, Inc. Clinic Pharmacies Inc. CNA Surety Coffee News of Sioux Falls Colorado Technical UniversitySioux Falls Commercial Audio & Video, LLC Commercial Interior Decor, Inc. Communication Service for the Deaf, Inc. Complete Real Estate Component Manufacturing/ Reaves Building Systems Confluence Connecting Point Computer Center Construction Products & Consultants CorTrust Bank CoSentry Costello Investments, LLC Crane & Fowler Investments, LLC The Creative Co-op Creative Surfaces, Inc. Cutler Law Firm Dacotah Bank Dakota Allergy & Asthma Dakota Beverage Company, Inc. Dakota Corrugated Box Company Dakota Kitchen & Bath, Inc. Dakota Staffing, Inc. Dakota State University DAKOTACARE Davenport, Evans, Hurwitz & Smith, LLP Dean Foods/Land O’Lakes Design Tanks, LLC DGR Engineering The Diamond Room by Spektor Diesel Machinery, Inc. Ditch Witch of South Dakota, Inc. Dizco, Inc. DocuTAP Dorsey & Whitney Trust Company LLC Dougherty & Company LLC The Dunham Company Dana Dykhouse Goldsmith Heck Engineers, Inc. Graber & Associates Graff Roofing, Inc. Graham Tire & Automotive Company Grand Falls Casino Resort Granite Accents Great Western Bank Greg Leonard Financial Services EarthBend East River Electric Power Cooperative, Inc. Edward Jones-Tom Loofe Egger Steel Co. Eide Bailly LLP Electric Construction Company Electric Supply Co., Inc. Elgethun Capital Management Elmen Foundation Empire Bowl Empire Mall/Empire East Employment Edge Staffing & Business Services Epicosity The Evangelical Lutheran Good Samaritan Society Evans Law, PC The Everist Company Hagen, Wilka & Archer, LLP Hancock Concrete Products, LLC Hander Inc. Plumbing & Heating Handy Man Home Remodeling Center Harms Oil Company Harold’s Photo Centers Hauge Associates, Inc. HD Supply Waterworks Ltd. HDR Engineering, Inc. Heartland Glass Co. Hegg Companies, Inc. Hegg Realtors HenkinSchultz Creative Services Henry Carlson Co. Herc-U-Lift, Inc. Hills of Rest Memorial Park & Mausoleum Hjellming Construction HJN Team Real Estate (formerly in business) Holiday Inn City Centre Holmes Murphy & Associates Home Builders Association of the Sioux Empire (HBASE) Home Federal Bank Horner-Barrow Orthodontics, PC Howalt+McDowell Insurance, a Marsh & McLennan Agency LLC company Howe Heating & Plumbing, Inc. Howes Oil Company, Inc. Hy-Vee, Inc. Farmers Insurance Group/ Karsky Agency Fiegen Construction Co. First Bank & Trust First Cash & Exchange First Dakota National Bank First Dakota Title The First National Bank in Sioux Falls First PREMIER Bank/ PREMIER Bankcard First Rate Excavate, Inc. Fischer, Rounds & Associates, Inc. Fiserv Fox Drywall & Plastering, Inc. Fresh Produce Inc. Friessen Construction Co., Inc. Frisbees, Inc. Frontier Bank Fuller & Williamson, LLP Gage Brothers Concrete Products, Inc. Garry Associates, LLP The Gas Stop George Boom Funeral Home & Cremation Services Geotek Engineering & Testing Services, Inc. Gil Haugan Construction Golden Rule Construction Co., Inc. Golden West Telecommunications Imagery Photography Larry Fuller dba Insight Builders, LLC Institutions Services, Inc. Intek, Cleaning & Restoration Interstate Office Products, Inc. J & L Harley-Davidson Jans Corporation JDS Industries, Inc. Jenesis Creative Marketing Jerry’s Auto Sales, Inc. John Morrell & Co. Midland, Inc. dba Johnstone Supply Journey Group Karl’s TV, Audio & Appliances, Inc. Kaschmitter Appraisals, Inc. KDLT-TV (NBC) KELOLAND TV Key Staffing Kilian Community College Dan and Arlene Kirby Family Restricted Fund Kevin and Peggy Kirby Family Restricted Fund Kitchens & Windows Unlimited Klockers Mattress World KMWF & Associates, PC Koch Hazard Architects Kouri Insurance Agency Kreisers, Inc. Krier & Blain, Inc. KSFY Television KTTW TV-Fox 7 L.G. Everist, Inc. Lamfers & Maas, LLP Lamps & Shades Lighting Gallery, Inc. Landmark Aviation Lawrence & Schiller, Inc. Lewis Drug, Inc. Liberty National Bank Lift Pro Equipment Co., Inc. Lincoln County Lloyd Companies LodgeNet Interactive Corporation (formerly in business) Mark & Michelle Lounsbery Lynde Construction, Inc. Lynn, Jackson, Shultz & Lebrun, PC Maguire Iron, Inc. Mahlander’s, Inc. Malloy Electric, Bearing & Supply Malone Capital Management Inc. Mark Luke Construction, LLC Phillip Maslowe Maximizing Excellence, LLC May & Johnson, PC McDonalds Restaurants McGinnis and Company, PC McGladrey LLP McGowan Capital Group McKinneyOlson Insurance Media One Advertising/Marketing Meta Payment Systems MetaBank Michaels Fence & Supply Mickelson & Company MidAmerican Energy Company Midcontinent Communications Midwest Communications Midwest Provisions, Inc. Midwest Railcar Repair, Inc. Midwestern Mechanical, Inc. Millennium Recycling, Inc. Miller Funeral Home, Inc. Minerva, Inc. Minnehaha County Minnwest Bank MSH Architects (Miller Sellers Heroux) Murray Property Management, LLC Dr. Dennis Murschel Musivend, Inc. Muth Electric, Inc. Cory and Megan Myers Myrl & Roys Paving, Inc./ Ace Ready Mix, Inc. Distributing Company Results Radio-Townsquare Media RMB Associates, LLC Rogers Appraisal Service, Inc. Ron StaebellPrincipal Financial Group RSArchitects Runge Enterprises, Inc. NAI Sioux Falls Nelson & Nelson, CPA’s LLP Nelson Property Consultants Nemec & Associates New York Life Insurance Company Great Plains General Office Nordica Warehouses, Inc. Norman’s Men’s Wear North Central Heart Institute NorthWestern Energy Northwestern Mutual Financial Network Novak Sanitary Service Sammons Financial Group Sands Drywall, Inc. SAB Biotherapeutics, Inc. Sanford Health Sayre Associates, Inc. Scheels All Sports, Inc. Schoeneman Brothers Company School Bus, Inc. Scott Gilbert Construction Company Scott Lumber & Supply Co.A Division of Lampert Yards, Inc. SDN Communications Security National Bank of South Dakota ServiceMaster Building & Commercial Maintenance SGT, Inc.-Stinger Ghaffarian Technologies, Inc. Shaykett Appraisal Co., Inc. Sheehan Mack Sales & Equipment Inc. Sheraton Sioux Falls Hotel Mark Shlanta Short-Elliott-Hendrickson, Inc. Showplace Wood Products, Inc. Sign A Rama (formerly in business) Silverstone Group Sioux Falls Area Community Foundation Sioux Falls Foot Surgeons Sioux Falls Ford, Inc. Sioux Falls Regional Airport Authority Sioux Falls School District 49-5 Sioux Falls Specialty Hospital Sioux Falls Synergy Sioux Valley Energy Siouxland Oral & Maxillofacial Surgery Sisson Printing, Inc. Skinner Financial Services Soukup Construction, Inc. South Dakota Innovation Partners, LLC South Dakota Public Universities & Research Center (University Center) South Dakota State University & the SDSU Foundation South Dakota Trust Company Southeast Technical Institute Southeastern Electric Cooperative, Inc. Spherion Staffing & Recruitment Services Stan Houston Equipment Co., Inc. StarMark Cabinetry State Farm Insurance-Aaron Smith State Farm Insurance-Jason Ahrendt O’Connell Law Office Prof LLC O’Connor Group Olympic Companies, Inc. OmegaQuant LLC Ophthalmology Ltd. Orbitcom, Inc. Orthopedic Institute Overhead Door Company of Sioux Falls, Inc. P & M Steel Co. Pankratz & Associates Paradigm Construction, LLC Parker Transfer & Storage, Inc. Parks Marina, Inc. Paulsen Marketing, Inc. Paystubz Pepsi Beverages Company Perspective, Inc. Peska Construction, Inc. Pfeiffer, Hofer, Humpal P.C. pharmaCline Pinnacle Hospitality Pizza Ranch on 41st Street Plains Commerce Bank PODS (Portable on Demand Storage) Poet Pride Neon, Inc. Principal Financial Group Qualified Presort Service, LLC R & L Supply, Ltd. Ramkota Companies RAS Raven Industries, Inc. RE/MAX Professionals, Inc. Reliabank Dakota ReliaMax Insurance Company Republic National State Farm InsurancePriebe Insurance Agency, Inc. Stockwell Engineers, Inc. Sturdevant’s Auto Parts Sun Enterprises, Inc. Surgical Management Professionals, LLC Sweetman Construction Co./ Concrete Materials Swenson Investments & Commodities Swift Contractors, Inc. Syverson Tile & Stone, Inc. Tallgrass Wealth Management TCF Bank Robert TeKolste Tessier’s, Inc. Bob and Joan Thimjon Thompson Electric Company Thornton Flooring Thurman & Thurman Thurman, Comes, Foley & Co., LLP Traditions (formerly in business) Trane Trio Tel Communications, Inc. Tri-State Wholesale Flooring, Inc. TSP, Inc. U.S. Bank UBS Financial Services, Inc. University of Sioux Falls Van Buskirk Companies Variety Foods, LLC Vern Eide Motorcars Vision Video, Inc. Virtuoso, Inc. Waddell & Reed, Inc. Washington Pavilion Waterbury Heating & Cooling, Inc. Wayne & Mary’s Nutrition Center Wellmark Blue Cross and Blue Shield of South Dakota Wells Fargo Advisors, LLC Wells Fargo Bank Wells Fargo Educational Financial Services Wells Fargo Financial Card Services Wells Fargo Home Mortgage Williams Insurance Agency, Inc Williamson Management Group, Inc. Brian T. Wiswall, DDS PC Wollman Insurance Group Woods, Fuller, Shultz & Smith P.C. Workplace Technology Center, Inc. WOW! Xcel Energy X-Freight/X-Linx, Inc./X-Trux, Inc. forwardsiouxfalls.com forwardsiouxfalls.com