Year: 2013

RDA Happenings December 2013

December 1, 2013

Happy Holidays to one and all! This past year is one for the record books for the RDA. The metrics we use to measure our results are job creation, total annual payrolls, capital investment in equipment and buildings and new building square footage. The results, either completed or announced, are 360 jobs, a total annual…

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RDA Happenings November 2013

November 1, 2013

In the November issue of Site Selection magazine, a national publication which is both printed and posted online at: http://mydigimag.rrd.com/publication/?i=181743 is an article entitled, “Hungry? A bakery closed by bankruptcy receives a major investment thanks to a community-wide effort to retain important jobs”. I hope most of you know the story of the Hostess Brand’s…

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RDA Happenings October 2013

October 1, 2013

Many times as part of newsletter articles the topic of Return on Investment (ROI) has been discussed with regard to Industrial and Economic Development. The RDA goals, objectives and purpose are primarily job creation, wealth creation and new investment into our region. Job creation can be measured and quantified in number, average salary and total…

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RDA Happenings September 2013

September 1, 2013

The RDA office is continuously updating our statistical data about the City of Emporia, Lyon County and our region. We rely on several sources of data: primary data collected from our own surveys and secondary which is data collected from local, state and federal government statisti-cal collection agencies. An example is that in late August…

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RDA Happenings August 2013

August 1, 2013

What an amazing accomplishment the new owners, Apollo Global Capital and the Metropoulos Company, of Hostess Brands LLC have done. On April 19th they took possession of five of eleven former Hostess bakeries and assets to re-start a business that was idle since November 21, 2012. They completely started from scratch with no employees and…

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RDA Happenings July 2013

July 1, 2013

Project Sail and Westar Energy – Emporia Energy Center Increased Tax Base Some time ago in 2002, the RDA office worked with a company considering the construction of a combine power plant utilizing natural gas and the by-product of steam to be a “base-load” electric generation plant. It was a large power plant that needed…

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RDA Happenings June 2013

June 1, 2013

On June 6th the RDA hosted the ribbon cutting at the Hostess Brands plant in Emporia, Kan-sas. Governor Sam Brownback and Kansas Department of Commerce Secretary Pat George and other Kansas Department of Commerce (KDOC) staff were in attendance. Hostess Brands President Rich Seban was quite complimentary of the aggressiveness of Em-poria’s efforts lead by…

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RDA Happenings May 2013

May 1, 2013

Hooray —!!! On Thursday, April 25, 2013, at 3:00 p.m. we received the official media release from Hostess Brands, LLC, which was purchased by C. Dean Metropoulos & Co. and Apollo Global Capital. Moments later, our office forwarded the email with the attached media re-lease to KVOE, The Emporia Gazette, Kansas First News, Kansas City…

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RDA Happenings April 2013

April 1, 2013

Last month in the RDA newsletter it was reported that the bankrupt Hostess Brands would be acquired by Apollo Global Management and C. Dean Metropoulos & Associates, two large eq-uity firms. The Metropoulos Group has purchased many distressed and/or bankrupt companies and brought them back to profitability. The most recent acquisition prior to Hostess Brands…

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RDA Happenings March 2013

March 1, 2013

On March 7th, the RDA hosted an update of their activities in the past, present and future. The presentation included a summarization of the nearly twenty (20) years of activity. The past and current RDA Chairs discussed the past, current and future for job creation and growth. The re-curring theme is that we need jobs.…

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