RDA Happenings February 2011
Posted on February 1, 2011 – By Emporia RDA
We are beginning to see signs that the economy is starting to pick up. Typically, when the local, state and national economy begins to start growing again, our existing businesses consider expansion projects.
In fact, we have two local manufacturers whose business has been coming back. Earlier on during the recession, a few employees were laid off; now they are hiring. One of them is considering an addition to their building with some job growth.
Typically when existing businesses have an increase in their business activity, then several quarters later, we will begin to have more inquiries for new businesses. I believe we are starting to see positive, but slow, growth of the economy.
At the state level, the state begins a new era with Governor Sam Brownback. Within the next 30 to 60 days, we will start to see some of his proposed policies to grow the Kansas economy. The next state budget year will be another challenging budget year. I am excited to see what innovative economic development programs and policies he will propose in the coming months.
The RDA continues to explore the competitive advantages for our bioscience niche in Emporia. It was mentioned in previous newsletters, we work with our companion animal nutrition plants and ESU faculty members to determine a mutually beneficial relationship.
In fact, the RDA has been working with a bioscience company which is in the earlier stages of development. It still needs to complete more research and development of the prototyping of a commercial product, and then followed by testing of the product by potential customers. It’s an exciting project but a long shot at best. The company founder prefers to have the production plant in Emporia. You have got to like that.