New Developments  

The 4 P’s People, Planning, Priorities, Progress

 People-

ü     WELCOME New Members:  Citizens First Bank, Rodger Holm Investments & Insurance

ü     Development Corporation Board Members Existing Industrial & Expansion Visitation Project
     Completed:   IPSCO, Inc., G. Baker Distributing,                                       Collis, Inc., Skyline Center, Inc.

     Scheduled:   The Egging Co., Equistar, Sethness Products

ü     WELCOME to Joliet Valves; and the Bush Family, who recently acquired Clinton Engineering/Foley Construction!

ü     Announcements:  Hampshire Pet Products new $9 - $10 million high-tech, value-added ag manufacturing project; 30+ quality, new jobs at wages 130% of county average

  Planning- 

ü     Funding commitments from “Greater Clinton County Future Foundation” $300,000 for the purchase of new industrial property; Alliant Energy $100,000 for purchase of land in their service territory; and $4,000 from Alliant Energy to develop a multimedia marketing campaign.   

ü     CADC has a 40,000 sq. ft. speculative building available for sale/lease.

 Priorities-

ü     Worker Demographics from Laborshed Study 

A “laborshed” is defined as the area from which an employment center draws its workers.  Many of you cooperated by supplying the zip code listings of each of your employees.  This, in turn, allowed the Institute for Decision Making at the University of Northern Iowa to do an intensive study to not only show the distribution of area workers irrespective of natural or political boundaries but to determine the availability and willingness of existing and prospective employees to be upwardly mobile within our workforce or laborshed area.  The study defines current and desirable occupations, wages, hours worked and distance willing to commute.  An executive summary is available from the Development Corporation office. 

Progress-

ü     CADC hosted two prospect visits in August, and one more is scheduled for September. 

ü     Results of Washington DC Economic Development Summit Meetings: 

¨     School Resource Officer funding approved.

¨     Facilitated Progress on 4-lane Highway 30 across Iowa and through Clinton and Western Illinois to Interstate 88. 

¨     Camanche Avenue development assistance pending.

¨     Scheduling next DC trip for February 2001.

ü     Seven community leaders attended SMART Economic Development Conference.

ü     Plans are developing for our Annual Meeting to be held in December!

Check out our web site at www.clintondevelopment.com

Third Quarter Newsletter, 2000Communications Committee