2012 EDP Update: Danville Rotary Club


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These are the informational slides from EDP President/CEO Jody Lassiter's presentation to the Danville Rotary Club on September 7, 2012.

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2012 EDP Update: Danville Rotary Club

  1. 1. Danville Rotary Club EDP Update
  2. 2. EDP Board of Directors Chairman: John Albright (Caldwell Stone) Vice Chairman: Richard Trollinger (Centre College) Secretary/Treasurer: Lisa Bottom (Farmers National Bank) Greg Caudill (Industrial Foundation) Ben Nelson (Chamber of Commerce) Jerry Boyd (Convention & Visitors Bureau) Bill Pollom (Heart of Danville) Robbie Mayes (Main Street Perryville) Sherry Davis, Director at Large (Hobart Corporation) Terry Gilbert, Director at Large (Gilbert Farms) Judge/Executive Harold McKinney, Boyle County Mayor Bernie Hunstad, City of Danville Mayor Jim Douglas, City of Junction City Mayor Anne Sleet, City of Perryville Jody Lassiter, President/CEO
  3. 3. Economic Development Partnership Structural Overlay with Partner Organizations Danville/Boyle County Economic Development Partnership Board of Directors President/CEO Business Business Downtown Tourism Development Services Development Development Boyle County Danville/Boyle Danville/Boyle Main Street Industrial County Chamber of Heart of Danville County Convention Perryville Foundation Commerce & Visitors BureauBoard of Directors President/CEO Board of Directors Executive Director Board of Directors Executive Director Board of Directors Executive Director Board of Directors Executive Director Private, nonprofit corporations— Private, nonprofit corporations or public agencies— receive no public funding. receive public funding by appropriation or tax.
  4. 4. Return on Investment: 2011 Industrial Development:  New:  Meggitt Aircraft Braking Systems: 63 jobs, $7 mil  Expansions:  Dana Holding Group: 172 jobs, $700,000  American Greetings: 35 jobs, $4.6 mil  Denyo Manufacturing: 19,000-SF addition, $6.9 mil, relocation of North American corporate HQ  Ferm Solutions: 5 jobs, $1 mil, addition of training center and expanded laboratory  Total: 280 new jobs, $20.2 mil invested  SITE Selection magazine ranked Danville Micro #13 in US, #1 in KY for new/expanding business projects in 2011 (#12 in ‘09, #14 in ‘10, #1 in KY for 3rd year in a row)
  5. 5. Return on Investment: 2011 Commercial Development:  Karamel Kreations  A&L Accessories  Summer Hokkaido  Beer Engine  Club Carbon  Liquor Barn  Dollar General (downtown) Tourism Development:  Total travel expenditures increased 9.2%  Hotel tax receipts increased 9.1%  Facilitated Danville’s #4 ranking among the “25 Best Places to Retire” in US by Money magazine  Support for first Kentucky State BBQ Festival, attracting 25,000 to downtown Danville
  6. 6. Underway in 2012 . . . Industrial:  New: Venture Industries (Junction City) – 12 new jobs, $2oo,000  Expansion: Green Boiler Technologies – 27 jobs, $365,000  Pipeline: 8 new industrial projects Commercial:  Cheddar’s: Projected timeline—closing in Dec ‘12 or Jan ‘13, construction in Mar ‘13, open by mid to late summer ’13  Burkes Outlet (clothing retailer, Danville Manor)  Orange Leaf (downtown frozen yogurt shop)  The Clotheshorse (downtown clothier)  Karamel Kreations (relocation; adding production)  Elmwood Inn Fine Teas (relocation)  Rincon Latino (3rd Street grocery)  Fresh Ledger (downtown office location)  Long Run Apartments ($1 mil rehab)
  7. 7. Underway in 2012 . . . Tourism:  Rand McNally/USA Today “Best of the Road” finalist for Most Beautiful Small Town in America  “Small Town Flavor” production of web-based travel feature on Danville/Perryville, to be released Fall 2012  Facilitated local production of History Channel’s “American Pickers”, filmed at Pioneer Playhouse  Assisting the 2nd Kentucky State BBQ Festival at Constitution Square  Preparation for the 150th Battle of Perryville Commemoration & VP Debate hosted by Centre College
  8. 8. It takes a Community . . . EDP needs YOU to be an active recruiter in our lead generation network!
  9. 9. Help us spread the word that . . .