Local Economic Overview Huntington County, Indiana
We help create jobs in Huntington County. Huntington County Economic Development is a nonprofit organization, created by the business community in 1997. We provide businesses with many of the services they need for start-up, expansion, relocation, incentives and workforce development.
2013 Client Projects ALH Building Systems Metalloid Alumicoat Auger Torque USA, LLC Metronet (Huntington) Dean Foods Metronet (Roanoke) DIY Group, Inc. Our Sunday Visitor Echo Lake Foods, Inc. Stephan DRP, Inc. Four Wheels LLC UTEC
6-Year Economic Impact Summary
Year # of Projects Total Investment Net New Jobs Retained Jobs 2008 10 $29,031,000.00 159 60 2009 9 $35,425,000.00 449 257 2010 6 $34,649,000.00 444 648 2011 13 $32,085,736.00 132 970 2012 8 $20,644,130.00 166 1,313 2013 12 $37,997,400.00 250 909 Totals 58 $189,832,266.00 1,600 4,157
Year-to-Date Projects 8 projects $22,170,010 capital investment 177 new jobs
Why Huntington County? Location | Workforce | Value
Ideal Location • Heart of Great Lakes region
• Easy access to Indianapolis, Chicago,
Detroit, Cincinnati & Louisville
• Many transportation assets: o Norfolk Southern Rail o I-69 NAFTA Corridor o U.S. 24 Hoosier Heartland
Industrial Corridor o U.S. 24 Fort to Port Corridor o Fort Wayne International Airport
(FWA) o Huntington Municipal Airport
(HHG)
Talented Workforce Our highly skilled workforce and pro-business environment have convinced these international giants to locate multimillion-dollar facilities here:
• Waterloo, Ontario-based Onward Manufacturing • Brazilian-based Gerdau Steel • Helena Chemical, a division of Tokyo-based Marubeni Corporation • Australian-owned Auger Torque • French-owned Schneider Electric • Bendix Commercial Vehicle Systems, a member of Germany’s Knorr-Bremse Group
Great Value Compared to major metropolitan markets, the cost to acquire and renovate a building in Huntington County is much less—as is the cost of a greenfield site or a skilled workforce. The bottom line?
Yourinvestment goes further here.
• Housing market • Financial services opportunities • Transportation systems • Regional economic development collaboration • Fort Wayne – Indiana’s 2nd largest city minutes away
o Hotels & dining o Arts & entertainment o Professional athletics o Universities/education o Cultural o Shopping
• Huntington County amenities o Outdoor recreation o Historical museums o Universities/education
• Outstanding regional healthcare o Parkview Health o Lutheran Health Network
Quality of Life
Recent Projects in Huntington County
Company Investment # of Jobs
Continental Structural Plastics $15,000,000.00 350
Onward Manufacturing $12,000,000.00 300
Helena Chemical Company $21,500,000.00 20
Metronet (Fiber Optic Telecom) $13,000,000.00 20
DIY Group, Inc. $3,200,000.00 25
Auger Torque Ltd. $1,200,000.00 22
Largest Employers in Huntington County
Employer Approximate # of Employees UT Electronic Controls Division 800
Huntington County Community School Corp. 789
Bendix Commercial Vehicle Systems 600
Our Sunday Visitor 350
Parkview Huntington Hospital 350
Onward Manufacturing 300
Continental Structural Plastics 300
Transwheel Corporation 280
Huntington University 182
Local Business Environment • Building & construction expertise • Freight & logistics support • Regional workforce development • Regional economic development cooperation • Media • Marketing & advertising expertise • Telecommunications expertise
Contact Us Mark Wickersham, Executive Director Office: 260.356.5688 Cell: 260.388.3939 Email: [email protected] Website: hcued.com