RDA Happenings October 2011
Posted on October 1, 2011 – By Emporia RDA
In last month’s newsletter the results of the 2010 Census for the City of Emporia and Lyon County were highlighted. The census data is easily accessible via the internet at the KU Institute for Policy & Social Research www.ipsr.ku.edu. Available at the same website are links to economic data summary and overview by County for the USA. The over-view is tabulated by SPATS Indiana at the website http://www.stats.indiana.edu/uspr/a/us_profile_frame.html which uses the same 20 demographic categories for all 3,141 counties.
In 2010 the manufacturing sector for Lyon County indicated the average wage per job was $37,352 and represented 19.5% of the total workforce in Lyon County. Interesting enough Lyon County was ranked 548 out of 3,141 counties or in the top 20% of the average manufacturing wage. The per capita income for Lyon County of $37,352 increased by 9.9% from 1999 to 2009.
The end of August and September are traditionally the months I travel the most for our marketing efforts. On August 29th a group of Emporians attended the Animal Health Corridor “Homecoming Event” held in conjunction with the Midwestern Veterinary Conference in Kansas City. It was an excellent networking opportunity for our animal health corridor marketing efforts. The following day was the Animal Health Investment Forum. Fourteen early stage compa-nies presented their business plan to those in attendance who may consider investment in those companies. Some of those companies, which are domestic and foreign, do consider relocating a facility to this region. In fact, Argente Lim-ited announced during the meeting it was locating a research facility in Lawrence, Kansas.
In early September was the Industrial Asset Management Council (IAMC) fall meeting in Philadelphia, Pennsylva-nia. The Kansas Department of Commerce (KDOC) hosted a consultant dinner during the event with 36 site selection consultants, real estate providers, builders, architects and others. IAMC organization is primarily for corporate real estate professionals (CRE) which allows associate members, which consists of about one-third of the total membership of service providers, such as real estate providers, attorneys, general contractor representatives, architects/engineers and support services for corporate real estate. The remaining one-third are economic development professionals. The IAMC Board of Directors limits the total number of service providers and economic developers to maintain the pur-pose of the organization to support the corporate Real Estate training and network opportunities. The benefit of this organization to the economic developer is developing working relationships with the CRE professionals, service pro-viders and keeps up to date on the trends in CRE.
On September 18th, the Great Plains Capital Conference was held in Wichita, Kansas. Thirteen company representa-tives presented their business plans to interested investors. The majority of the companies are based in the Kansas City metropolitan area with a few from out-of-state Kansas.
The following week I attended the International Economic Development Council annual meeting in Charlotte, North Carolina. The primary benefit on continuing education by my professional organization is honing the skills and tech-niques necessary for Emporia to remain competitive in economic development. The most beneficial of all the seminars was on the topic of social media – LinkedIn, Facebook, Twitter and Blogs, the predominate social media channel used in business in LinkedIn.
At the end of September KDOC hosted a consultant dinner in Chicago, which was attended by sixteen site selection consultants, tax incentive accountants, and industrial/office real estate professionals. It was an excellent network and relationship building opportunity.