SEDCOR Strategic Economic Development Corporation Annual Report 2015 Enhancing and Diversifying the Mid-Willamette Valley Economy
SEDCOR 2015 Annual Report
Annual Report 2015 Table of Contents 626 High Street NE, Suite 200 Salem, OR 97301 503-588-6225 Fax 503-588-6240 sedcor.com POLK YAMHILL MARION SEDCOR serves the Mid-Willamette Valley region of Marion, Polk and Yamhill Counties. Mission/Vision Statement................. 4 President s message.................... 5 FY 2015 Achievements................... 6 Success Stories........................ 8 Business Retention & Expansion............. 10 SEDCOR Membership.................... 12 Program of Action..................... 14 Business Recruitment................... 15 SEDCOR Partners...................... 16 Executive Council and Board............... 18 SEDCOR Staff........................ 19 sedcor.com 3
SEDCOR s Mission Strategic Economic Development Corporation is the lead economic development entity for Oregon s Mid-Willamette Valley. The 400-plus member nonprofit association leverages strong public and private partnerships to aggressively retain and attract high value jobs and capital investment to the region. SEDCOR focuses on supporting and growing traded-sector businesses in the region, with a targeted focus. These industries have the best potential for job growth, to pay higher wages, and to bring new dollars into the local economy. We actively support our mission by focusing on the following objectives: Retain and expand businesses: Assist local companies in adding or retaining jobs. Recruit industrial businesses: Support investment in our community that creates new jobs. Tell the region s business story: Promote the competitive advantages of the region. Grow the business community: Provide exceptional events and services. Mid-Willamette Valley Key Traded Sector Industries Advanced Manufacturing Agriculture and Food Processing Wood Products and Forestry Transportation and Distribution Aviation and Aerospace Technology 4 SEDCOR 2015 Annual Report
President s Message We re pleased to deliver the SEDCOR 2015 Annual Report. As a supporter of SEDCOR you know that we work aggressively to grow business in the Mid-Willamette Valley. Over the last year we have been successful by working both with local firms as well as new companies moving in. This year has brought some exciting new developments as our region of Oregon continues to grow. Chad Freeman SEDCOR President In 2015 we worked on new projects that will be driving our region for years. This has included over $40 million in expansions, two companies new to our region, as well as our tireless work to help companies find exactly what they need to be successful. Hopefully, this report will give you an idea of the outstanding projects from great companies that we have in our area. The cumulative effect of this work has been astounding. In the last three years we have seen almost $150 million in new investment, adding thousands of traded sector jobs. Thank you for supporting SEDCOR as we help grow the economy of our region. Our desire is to secure great opportunities for a thriving business community, not only for today, but for the next generation as well. We couldn t do it without your help. Thank you. Chad Freeman President, SEDCOR sedcor.com 5
FY 2015 Achievements Aligned with Five Goals for 2013-2015 Goal 1: Diversify the local economy by building on key traded sector industries Made more than 800 traded sector employer visits Identified supply chain needs for 50 manufacturers through Make It In The Willamette Valley outreach Issued 29 Certificates of Origin to support exports from the region Hosted two international trade events to connect local exporters with buyers in Korea, Saudi Arabia and Canada Goal 2: Assist local companies to add or retain 580 traded sector jobs per year Stimulated $40 million of new investment through retention and expansion efforts that added or retained 628 jobs Launched business retention and expansion programs in ten communities Supported Career Technical Education programs in nine school districts Exposed more than 1,200 students to trade job opportunities Goal 3: Recruit traded sector companies to bring in 140 new jobs per year Welcomed two new employers to the region, totaling $2.2 million investment and 104 new jobs. Hosted 18 site selector visits Raised awareness of the region and its assets through one-to-one visits with 25 site selectors across the U.S. Partnered with Portland-area groups to market large lot sites in the region Responded to 39 requests for information about the region from site selectors 6 SEDCOR 2015 Annual Report
Goal 4: Market the competitive advantage of the Willamette Valley to national and international audiences Launched a new SEDCOR website with focus on the Mid-Willamette Valley Implemented a consistent, professional new brand to market the region and its assets Appeared in 35 news stories about the region Delivered 2,400 Enterprise magazines to business leaders inside and outside the region Goal 5: Maintain and build financial stability for the organization Hosted more than 2,000 business leaders at 20 SEDCOR events Reached more than 150 agricultureindustry leaders at the SEDCOR Ag Breakfast Formed a strategic partnership with Business Oregon 2015 Highlights of Achievements SUMMARY OF PERFORMANCE MEASURES FISCAL YEAR 2015 IN CAPITAL $42M INVESTMENT NEW AND 732 RETAINED JOBS 2013-15 TO DATE $146M 2,104 IN CAPITAL INVESTMENT NEW AND RETAINED JOBS sedcor.com 7
Mid-Willamette Valley Business Investment Power Equipment Systems (PES) - Salem Outdoor power equipment distributor PES needed room to grow in order to achieve their goals. The executive team landed on an existing property in Salem, Oregon. PES moved into 100,000 square feet of warehouse and office space and purchased new equipment with the help of SEDCOR, the City of Salem, and Oregon Manufacturing Extension Partnership. The new expansion allowed the company to bring three new jobs to the region. $5,000,000 investment Partners: SEDCOR, City of Salem, OMEP Willamette Valley Pie - Silverton Food processing and distribution Willamette Valley Pie moved its distribution services into an existing building in Silverton to gain more office, freezer and distribution space than was available at its original facility. The expansion meant retaining 30 jobs and adding five people to support the new facility. Working with the City of Silverton, SEDCOR helped with an introduction to the Enterprise Zone program and also helped with business consulting services that included helping to identify a building. $4,000,000 investment Partners: SEDCOR, PGE, City of Silverton, Business Oregon, CD Redding Construction and Project Delivery Group. Turner Lumber Value-added wood processing Turner Lumber is one of the most versatile producers of lumber products in the United States and continues to lead the way in innovation throughout the industry. When Turner was seeking to expand its export markets, company leaders turned to SEDCOR. With technical support from SEDCOR, Turner worked with OSU to develop new software that would optimize operations for its kilns and made major property improvements, adding 20 new jobs in the process and retaining 100 jobs. $2,250,000 investment Partners: SEDCOR, Oregon State University Forest River Inc. - Silverton Trailer manufacturing Forest River, one of America s leading manufacturers of recreational vehicles, pontoon boats, cargo trailers and buses, expanded its facilities to include a 156,000 sq. ft. building in Silverton. The new facility brought 90 new jobs to the community. $3,500,000 investment Partners: SEDCOR, City of Silverton 8 SEDCOR 2015 Annual Report
Littau Harvester - Stayton Equipment manufacturer Littau Harvester has been developing and manufacturing crop harvesting equipment to fit the needs of growers around the world for more than four decades. With technical support from SEDCOR and Enterprise Zone help, the company expanded this year by purchasing a 160,000 sq. ft. building in Stayton for assembly, product storage and distribution. The company will also relocate its trucking operations onto this site. The company retained 120 employees and added 10 new jobs with this expansion. $3,500,000 investment Partners: SEDCOR, N. Santiam School District, City of Stayton KP Harvest - Mt. Angel Hazelnut shell products manufacturing KP s Harvest Time Products, LLC, a small, family-owned manufacturer of Hazelnut shell products, moved its operations from Aurora, in Clackamas County, to the former 30,000 sq.ft. Wilco building on Main Street in Mt. Angel, bringing 4 new employees to the community. SEDCOR helped the company by working with the city and putting the company in touch with a number of available resources. $750,000 investment Partner: SEDCOR FCR - Independence Call center FCR opened a new call center and training annex in Independence, occupying two buildings at 1399 and 1319 Monmouth St. in the Central Plaza Shopping Center and bringing 100 new jobs to the region. With facilities in Roseburg, Grants Pass, Coos Bay, Veneta, Eugene, and Independence, FCR provides a wide range of outsourced call center and business process solutions to its customers. $1,500,000 investment Partner: City of Independence Universal Forest Products (UFP) - Woodburn Value-added wood processing UFP Woodburn is part of the Universal Forest Products family of companies, a multibilliondollar business with approximately 90 affiliates throughout North America and Australia that supply wood, wood composite and non-wood products to three robust markets: retail, construction and industrial. With technical support from SEDCOR, along with Enterprise Zone assistance, the company expanded this year, adding new office space and CNC machining space and equipment. The expansion added ten new jobs to the region. $3,500,000 investment Partners: SEDCOR, City of Woodburn, Business Oregon sedcor.com 9
Business Retention and Expansion The primary goal of Strategic Economic Development Corporation (SEDCOR) is to diversify the local economy by building up the traded sector. SEDCOR does this through business assistance meeting directly with companies every day to help them stay in the region and expand, using a variety of tools. Staff maintains contact with hundreds of businesses in Marion, Polk and Yamhill Counties, connecting them with resources and support for expansion, finding supply chain and partnership opportunities, linking them with financial, educational, and workforce resources, and removing barriers for market expansion. In FY 2014-15, SEDCOR staff made more than 800 traded sector employer visits, offering them access to an array of development services. SEDCOR also launched and supported business retention and expansion programs (BR&E) in ten Mid-Willamette Valley communities. SEDCOR also partnered with the Mid- Willamette Valley Council of Governments, PGE, Pacificorp, Incite, and Oregon Manufacturing Extension Partnership to identify supply chain needs for 50 manufacturers as part of the Make It In The Willamette Valley initiative. This threeyear program will help local manufacturing companies expand their businesses, increase their global competitive advantage, and bring jobs to the region. SEDCOR played a key role in stimulating $40 million of new business investment. To bolster export activity, SEDCOR issued 29 Certificates of Origin and hosted two international trade events to connect local exporters with buyers in Korea, Saudi Arabia and Canada. Presenters gave market overviews and snapshots of key industries, latest trends and new opportunities, success stories of Oregon companies, and information on how to obtain grants and export financing. SEDCOR supported Career Technical Education programs in nine school districts and exposed more than 1,200 students to trade job opportunities. Members of the SEDCOR Construction Alliance (SCA) and industrial companies in the region donated their time, equipment and materials to help educate students about jobs in the trades, and helped teach fundamental skills to gain competencies for a job in multiple industries. In all, SEDCOR played a key role in stimulating $40 million of new business investment through retention and expansion efforts that added or retained 628 jobs this year. 10 SEDCOR 2015 Annual Report
Business Recruitment SEDCOR markets the competitive advantages of the Mid-Willamette Valley to national and international business audiences, working with partners to build relationships with site selectors, key industry representatives, and the real estate community. This year SEDCOR welcomed two new industrial employers to the region, bringing $2.2 million investment and 104 new jobs. Not surprisingly, Salem s private sector employment tied the Bend-Redmond MSA as the Oregon metro area with the fastest private-sector growth in one year. Through FY 2014-15, SEDCOR responded to 39 requests for proposal from companies looking at the Mid-Willamette Valley as a place to grow their business. These proposals were made through our partnership with Business Oregon, the state s economic development agency and strong private partnerships. Staff hosted 18 different site selector visits to Mill Creek Corporate Center and raised awareness of the region and its assets through one-to-one visits with 25 site selectors across the U.S. SEDCOR worked with the cities of Sheridan and Willamina and the Mid- Willamette Valley Council of Governments to create the West Valley Enterprise Zone and supported an expansion of the Dallas- Independence-Monmouth Enterprise Zone this year. Enterprise Zones are state-approved This year SEDCOR welcomed two new industrial employers to the region, bringing $2.2 million investment and 104 new jobs. designations that give existing and relocating businesses tax relief on property, property improvements, and capital equipment expenditures in exchange for meeting minimum investment and job requirements. In May, SEDCOR launched a new regionfocused website designed to help both site selectors and SEDCOR members find what they re looking for to grow their business and jobs in the region. The new site highlights the region s assets and delivers vital information about doing business in the region. SEDCOR also appeared in 35 news stories on business in the Mid-Willamette Valley and delivered 2,400 Enterprise magazines to business leaders inside and outside the region. In addition, SEDCOR worked with Business Oregon to attend multiple trade shows and actively participated with Team Oregon Technology, Distribution, and Food Processing marketing groups. sedcor.com 11
SEDCOR Membership Marketing SEDCOR s Marketing Committee deployed a four-part plan to implement a consistent, professional new brand to market the region and its assets. A refreshed logo was unveiled, courtesy of SEDCOR member Creative Company, and a full slate of materials focused on the region and the value of membership. A new website was launched in the Spring with a strong focus on the Mid-Willamette Valley. SEDCOR has become the go-to source for Mid-Willamette Valley business economy news and information, appearing in 35 news stories and delivering 2,400 Enterprise magazines to business leaders inside and outside the region. A strong partnership with Mt. Angel Publishing has raised the quality and journalistic strength of the publication, positioning Enterprise as the region s primary economic development publication. The new Connect newsletter delivered timely economic development and business news, member announcements and coming events to desktops and smartphones across the region. Events SEDCOR hosted more than 20 large and small events during the 2015 fiscal year, attended by more than 2,000 business and community leaders. These events provided excellent opportunities to meet and network with Mid-Willamette Valley decisionmakers. Nearly 150 agriculture producers from across the region packed the Mt. Angel Festhalle for the second annual SEDCOR Ag Appreciation Breakfast in February. The event focused on succession planning for family farms and addressed the changes and coming needs of the Mid-Willamette Valley agriculture industry. 12 SEDCOR 2015 Annual Report
SEDCOR Economic Business Forums brought large attendance to critical topics, such as the West Coast ports crisis, the future of healthcare, and marijuana s impact on employers. Each month, experts spoke to business leaders across the spectrum of industries, drawing more than 125 attendees every month. Industrial Site Tours allowed members to visit manufacturing and other business facilities throughout the region. Tours of Pearmine Farms, GK Machine, Don Pancho and Salem Health provided a unique educational experience for SEDCOR members to learn more about local industry. In June, SEDCOR held its Annual Honors Luncheon at the Salem Convention Center. More than 300 members celebrated with an awards ceremony recognizing the contributions of our members to the local economy and induction of the 2015-16 SEDCOR Board of Directors and Executive Council. SEDCOR s Annual Golf Tournament, held in late June, sold out with 144 golfers and 27 sponsors enjoying a beautiful day at Illahe Hills Country Club. SEDCOR sends a consistent and positive message to the community about the value and importance of a sound and successful business sector. Ed Davis Sr. Account Executive Maps Insurance sedcor.com 13
Program of Action Business Retention and Expansion SEDCOR maintains contact with more than 600 businesses in Marion, Polk and Yamhill Counties, offering them access to an array of development services, including: Business resources and information Employee recruitment, screening and retention Management and process expertise Workforce development Community economic development planning SEDCOR Strategic Economic Development Corporation 626 High Street NE, Suite 200 Salem, OR 97301 503-588-6225 Fax 503-588-6240 sedcor.com Economic Incentives SEDCOR collaborates with state and local agencies to provide reasonable and competitive incentives to existing or new companies. Potential incentives include: Enterprise zones Employee training Infrastructure Tax and energy credits Industrial Recruitment SEDCOR (a member of Team Oregon) actively recruits domestic and international companies through a range of strategies, including representing the region at key industry trade shows, marketing industrial land and buildings, hosting site tours, and providing relocation information to clients. SEDCOR is located in the Chemeketa Center for Business and Industry building. Events SEDCOR holds more than 20 events through the year to provide networking opportunities, and to facilitate the exchange of ideas and information. These include the Annual Honors Lunch, Golf Tournament, monthly Economic Business Forums, the popular Industrial Site Tours, Ag Breakfast and more. Industry Skills Development SEDCOR provides industry skills development by connecting schools with the needs of local companies. This happens 14 SEDCOR 2015 Annual Report
through its Industrial Maintenance Operator/ Mechanic (IMOM) Program, projects and outreach by the SEDCOR Construction Alliance, and workforce training activities in area schools. International Trade and Export Promotion SEDCOR helps area businesses find new export markets for their products and professional services by locating international trade leads, helping to arrange export financing, and delivering top-quality educational opportunities for companies looking to export products or services. Manufacturing Advocacy SEDCOR is involved with companies and governments throughout Marion, Polk and Yamhill Counties to foster a competitive advantage for traded sector development. Activities are coordinated with our many partners to: Advocate for a supply of industrial land Support sewer and water infrastructure Address transportation issues Engage stakeholders in land use planning Publications and Website SEDCOR publications keep members up-to-date on the region s economic development progress and activities in the business community. These include a website, quarterly magazine, email newsletter, membership directory, and a range of fact sheets for site selectors and other business decision-makers. Informational Resources SEDCOR maintains a wide range of informational resources, including economic, statistical and demographic data, and industrial land and building inventories. Forest River s move into Silverton would have never happened if it weren t for the efforts of Nick Harville, Business Retention and Expansion Manager at SEDCOR. He has spent a lot of time to find the right match for this facility and he certainly hit a home run with Forest River. Gerald Fisher Sr. Project Manager Project Delivery Group sedcor.com 15
SEDCOR FY 2015 Partners * Business Associations and Chambers of Commerce Chehalem Valley Chamber Commercial Realtors Association Dallas Area Chamber of Commerce Greater Portland Inc. Home Builders Association of Marion & Polk Counties Keizer Chamber of Commerce McMinnville Chamber of Commerce Mt. Angel Chamber of Commerce Monmouth-Independence Chamber of Commerce Oregon Hop Growers Commission Oregon Manufacturing Extension Partnership Salem Area Chamber of Commerce Salem Contractors Exchange SEDCOR Construction Alliance Silverton Area Chamber of Commerce Stayton / Sublimity Chamber of Commerce Travel Salem Woodburn Area Chamber of Commerce County, Regional and State Agencies and Commissions Business Oregon De Muniz Resource Center Forest Biomass Working Group Incite, Inc. Marion County Mid-Willamette Valley Council of Governments Oregon Department of Administrative Services Oregon Dept. of Agriculture Oregon Dept. of Revenue Oregon Youth Authority Polk County Polk County HALO program Regional Solutions WorkSource Oregon Yamhill County Economic Development Associations and Organizations Confederated Tribes of Grand Ronde Economic Development Advisory Board GROW Santiam McMinnville Economic Development Partnership Oregon Economic Development Association Educational Associations and Institutions Advanced Construction Education Atkinson Graduate School of Management Career Technical Education Center Chemeketa Center for Business & Industry Chemeketa Community College Corban University NW College of Construction Oregon Forest Resources Institute Oregon Nanosciences and Microtechnologies Institute Oregon State University Salem Academy Salem STEM School Districts of Marion, Polk and Yamhill Counties University of Oregon Western Oregon University Federal Agencies and Representatives U.S. Congressman Kurt Schrader U.S. Department of Agriculture 16 SEDCOR 2015 Annual Report
U.S. Senator Jeff Merkley U.S. Senator Ron Wyden Local Government City of Amity City of Aumsville City of Aurora City of Carlton City of Dallas City of Dayton City of Detroit City of Donald City of Dundee City of Falls City City of Gates City of Gervais City of Hubbard City of Idanha City of Independence City of Jefferson City of Lafayette City of Keizer City of McMinnville City of Mill City City of Monmouth City of Mt. Angel City of Newberg City of St. Paul City of Salem City of Scotts Mills City of Sheridan City of Silverton City of Stayton City of Sublimity City of Turner City of Willamina City of Woodburn City of Yamhill Nonprofits Habitat for Humanity Marion-Polk Food Share Mt. Angel Oktoberfest Salem-Keizer Education Foundation United Way of the Mid-Willamette Valley School Districts Amity School District Cascade School District Central School District Dallas School District Dayton School District Gervais School District McMinnville School District Mt. Angel School District Newberg School District North Marion School District North Santiam School District Perrydale School District Salem-Keizer School District Sheridan School District Silver Falls School District Willamina School District Woodburn School District Yamhill/Carlton School District Utilities NW Natural Pacific Power Portland General Electric Salem Electric *Organizations SEDCOR has worked with during the 2014-15 Fiscal Year sedcor.com 17
SEDCOR Executive Council Patricia Callihan-Bowman Chair Owner/Career Coach, Express Employment Professionals Theresa Haskins Past Chair Business Markets Manager, Portland General Electric Rich Duncan Chair Elect President, Rich Duncan Construction, Inc. Daryl Knox Secretary/Treasurer CPA, AKT LLP, CPAs and Business Consultants Kevin Cameron Member at Large Commissioner, Marion County Brent DeHart Member at Large Financial Representative Northwestern Mutual Mark Hoyt Member at Large Partner, Sherman Sherman Johnnie & Hoyt, LLP Nathan Levin Member at Large Owner, Nathan Levin Company Steve Powers Member at Large City Manager, City of Salem 18 SEDCOR 2015 Annual Report
SEDCOR Board of Directors Bruce Anderson Regional Community Affairs Manager NW Natural Erik Andersson Economic Development Manager, Pacific Power Ricardo Baez President, Don Pancho Authentic Mexican Foods, Inc David Briggs Trial Lawyer, Partner Saalfeld Griggs PC Jim Brown President, BDI Staffing Cathy Clark Mayor, City of Keizer Alan Costic AIA President, AC+CO Architecture Community James Dooley President, Larsen Flynn Insurance Anne Easterly Commerical Bank Relationship Manager U.S. Bank Tony Frazier Executive Director, Incite, Inc. Lesa Goff Senior Vice President/ Loan Team Leader Wells Fargo Bank Larry Goodreau Senior Vice President, Willamette Community Bank Dave Hayes Partner, LCG Pence Construction, LLC Ken Hector City Councilor, City of Silverton Byron Hendricks President, Berkshire Hathaway HomeServices Real Estate Professionals Jim Hendryx Director, Economic and Development Services, City of Woodburn Eric Jamieson Attorney/Shareholder, Garrett Hemann Robertson P.C. George Jennings Counsel to the President, Mountain West Investment Corporation Ken Jundt Regional Manager, Columbia Bank Tyler Kuenzi Plant Manager, Elkay Wood Products Company Jennifer Larsen Morrow President, Creative Company, Inc. Rod Lucas Owner, Turner Lumber, Inc Johnny Mack Executive Dean of Career and Technical Education, Chemeketa Community College Jefferson Mildenberger Director, Kaiser Permanente James Parr Chief Financial Officer, Salem Health Anna Peterson Mayor, City of Salem Craig Pope Commissioner, Polk County Jim Rasmussen President/CEO, Modern Building Systems, Inc. Mark Raum Vice President, Relationship Manager Umpqua Bank Scott Snyder General Manager, The Grand Hotel in Salem Randy Stockdale Foundation Director, Silverton Health Steve VanArsdale General Manager, Garmin AT, Inc. SEDCOR Staff Chad Freeman President cfreeman@sedcor.com 503-837-1800 Nick Harville Business Retention & Expansion Manager, Marion County nharville@sedcor.com 503-837-1804 Tami Lundy Office Manager, Special Events tlundy@sedcor.com 503-588-6225 Elizabeth Peters Communications & Marketing Manager epeters@sedcor.com 503-837-1802 Aj Foscoli Business Retention & Expansion, Polk/Yamhill Counties afoscoli@sedcor.com 503-837-1803 sedcor.com 19
626 High Street NE, Suite 200 Salem, OR 97301 phone: 503-588-6225 fax: 503-588-6240 email: info@sedcor.com web:www.sedcor.com