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Economic Activity Greater Lafayette CommerCe EcONOMITRc ENDS yEArEND 2011 Recent Activity Off to a Great Start in 2012 developments and other new businesses. Continued growth in life science startups, anuary 2012 announcements of $108.5M medical facilities and public works also reflect in new projects kicked off what stands to J be a robust year. The projects: A new robust economic activity. $90M, 115,000sf aluminum lithium plant on the Alcoa campus to open in 2014 will add 75 Highlights new jobs; and a new $18.5M, 55,000sf Ernest Health inpatient rehabilitation hospital to • $444.3M in capital investments made or open in 2013 will employ 75. announced in 2011 ($640.1M in 2010; $340.93M in 2009; $592.9M in 2008) New Manufacturer, Life • New industries: Nanshan and Graybar Science Startups and • Expansions at eight industries Expansions Headline 2011 • 41 new retailers and restaurants in 2011 (35 in 2010; 40 in 2009) IN tHIS issuE Nanshan America Advanced Aluminum Technologies’ announcement that it • 12 new medical facilities in 2011 • 12 new life science/high-tech startups in Finance | Insurance 21 will build a $100 million manufacturing plant and employ 200 making extruded 2011 (7 in 2010; 11 in 2009) High-tech | Life Sciences 10 aluminum products topped the news in • 1,627 homes sold in 2011; (1,674 in 2010; 2011. Nearly another $400 million more in 1,700 in 2009) Industry 6 capital investments includes expansions • 462 new single family building permits in at eight existing industries, new real estate 2011 (381 in 2010, 405 in 2009) Ivy Tech 24 Media 22 Medical 19 Nonprofit Sector 22 Quick Glance, 2011 Positive Activity Professional 15 Industrial DAytON-pHOENIx GrOup: Relocated to Public Works | Schools 23 single site, $.7M facility upgrade ALcoa: $3.8M in environmental, wastewater FAIrFIELD MANufacturING: Purdue University 25 Increased treatment enhancements employment Real Estate Developments 17 CatErpILLAr: $2.7M in investments, GrAybAr: Opened Lafayette supply chain increased employment management and logistics services site Retail | Hospitality | Tourism 15 cOLEMAN CabLE: $18.5M in investments, INDuStrIAL Pallet cOrp.: Investing $5M Sustainable Energy 9 increased employment to $8M, facility expansion, adding employees Quick Glance | continued LANDIS + Gyr: Acquired by Toshiba Corp. Enterprise Co., Sorian, TecMark Inc., Tymora Analytical, Vision Advantage NANSHAN AMErIcA ADvANcED ALuMINuM tEchnologies: Building its bASI investing $200,000 to remodel for onsite first U.S. manufacturing site in Lafayette, health clinic $100 million investment to employ 200 Dow AGrOScIENcES moved its seed quality making extruded aluminum products; control lab from Iowa to Purdue Research slated to begin production July 2012 Park; $11.6M investment SubAru OF INDIANA AutOMOtIvE: ENDOcytE completed IPO, raised more than Increased employment, added 3,500sf $180M, traded on Nasdaq at ECYT Health & Wellness Center; invested $3.3M on storage addition; $14 to $19 million FLIr SyStEMS INc. aquired Flir Mass in new equipment for 2013 Legacy and Spectrometry, formerly ICx Technologies Outback new engine model trIcLINIc LAbS added 5,000sf of lab and WAbASH NAtIONAL: Released new office space in Innovatech Building; hiring 10 product, industry’s first dry freight van WINtEk with 35,000lb floor rating; increased invested $1.7M in core network employment, $2.5M in equipment added; upgrade began frac tank production professional/Services OScAr WINSkI: Added eRecycling Division for electronic devices OpENINGS, 2011: Hallmark Home Greater Mortgage, Jennifer C. Russell’s Edward Lafayette Sustainable Energy Jones Office, Kids Culinary Creations, Next CommerCe Marketing & New Media, Pink Team Cleaning cItybuS installed three wind turbines to Services LLC, Promenade Self Storage ECONOMIC help power facilities; received $2.18M in additions, Salud Revenue Solutions, Vistage TR ENDS greenhouse gas reduction funding for the International Inc., White Glove Cleaning Co. project HENrIOtt INSurANcE moved to Ivy tEcH cOMMuNIty cOLLEGE Renaissance Place ($.6M build-out) building $750,000, 1,000sf Craig Porter rEILING, tEDEr, SHrIEr Law FIrM Energy Center, to be powered solely by renewable energy as learning lab for energy moved to Renaissance Place ($.3M build-out) technology program students, to open fall 2012 retail/Hospitality/tourism purDuE ENErGy Park planned for rEtAIL OpENINGS, 2011, pLANNED for northwest Tippecanoe County; Purdue, EArLy 2012: Adelino’s Marketplace & Deli, Purdue Research Foundation, and American Freight Furniture and Mattress, Performance Services developing $200M, Basketworks and More/Art of Life Café, 50-turbine, 100 megawatt wind farm Brad’s Motor Marketplace, Citi Trends, CG on Purdue’s 1,600-acre Animal Sciences Vision, Express Store, Flooring Express, Research and Education Center and 2,400 Fanzz, JF & Company, Jump It, Louie’s Tux acres of private land Shop, Marathon/Quick Pantry (downtown), second Mike’s Car Wash, Natalie’s Second High-tech/Life Sciences Hand Shop, NFPT Strength & Fitness, O’Reilly Auto Parts, Kroger/Pay Less Fuel Station East, NEW cOMpANIES LAuNcHED IN 2011: Pet Supplies Plus, Portrait Innovations, Pubs Cellaflora Design, Found OPS, Futago and Bubbles Pet Spa, Red Poppy Studios & Inc., HNTB LiDAR Lab, Mor-NuCo LLC, Gallery, Robots & Rogues New & Used Books, NanoSense Inc., PARSEC Solutions, Purdue Something Blue Bakery, Speed Pro Imaging, Teeki Hut T-shirts 2 Quick Glance | continued rEStAurANt OpENINGS, 2011, uNIvErSIty tErrAcE planned, three- pLANNED for EArLy 2012: Big Time’s story, 25-apartment unit/parking garage Bar-B-Que, Dawson’s School House of Chili, project near Purdue Echo Karaoke, Firehouse Subs, Fortune House Buffet & Grill, Fox Pizza Den, Fuzzy’s Medical/Health Taco Shop, Jethro’s BBQ n’ Grill, Niko’s Spicy Pickle, The Other Pub new building, OpENINGS, 2011: Always Best Care Senior Pizza King West, Pre Restaurant and Services, Any Lab Test Now, Cornerstone Lounge, Southside Diner, Teppanyaki Grill, Autism Center, Baldwin Plastic Surgery, Uncorked Wine Bar Creasy Springs Health Campus, Kool Smiles, Lafayette Low Vision Center, Lifespan cLub NEWtONE spent $.8M to renovate Health Service Inc., Little Star Center, its fitness facility Unity Pain Management, Whisper Hearing Holiday INN Express building a $1.7M, Centers 83-room inn off SR 26 East on Progress Iu HEALtH ArNEtt building $8.3M West st Drive, to open 1 quarter 2012 Lafayette clinic and investing $5M for 6th kENDrIck Nissan is spending $.7M on floor hospital buildout a remodel rIGGS cOMMuNIty HEALtH cENtEr LafayEttE-WESt LafayEttE expanding to former Woman’s Clinic site cONvENtION & vISItOrS burEAu SycAMOrE SprINGS building $7M Greater welcomed 425 conferences and more than behavioral and addiction treatment center Lafayette 50,000 delegates in 2011 CommerCe WeCarE tLc began operating onsite MIkE’S Car WASH expanded its original health clinics at Fairfield Manufacturing, ECONOMIC facility Subaru of Indiana Automotive and TR ENDS Payless WESt LafayEttE: $1.3M Tippecanoe County Government; to open remodel early 2012 at BASi rOHrMAN ToyOtA is completing its WEStMINStEr Village retirement dealership on State Road 26 community invested $26M on 25,000sf Westminster Health Center addition, tHrEE WalgrEENS remodeled, $1.7M renovations; $1.8M social building addition, WALMArt West Lafayette spent $1.1M on renovation renovation Finance/Insurance yMcA opened downtown facility in Renaissance Place crAIG GrAHAM INSurANcE located to Zanik Retail Center, 2011 real Estate INNOvESt pOrtfolio SOLutIONS brown StrEEt Townhomes, public/ opened in Purdue Research Park private project planned near downtown, kENtLAND bANk opened Lafayette 14-18 townhouses branch cHAuNcEy SquArE Phase 2, six-story, purDuE FEDErAL crEDIt uNION 110-unit apartment project to open August named one of 70 Best Places to Work 2012 in Indiana by Indiana Chamber of tHE cOttages ON LINDbErG planned, Commerce, 2011; opened branch at Ivy Tech 195 single-family and duplex units on 18 Community College acres off Lindberg and McCormick Roads, Trinitas Ventures Nrp prOpErtIES, apartment project for ages 55+, near St. Elizabeth East, under way 3 Quick Glance | continued Nonprofit Neighborhoods Technical Assistance Program under Environmental Protection cOMMuNIty FOundatION OF GrEAtEr Agency’s Building Blocks for Sustainable LafayEttE disbursed $636,221 in grants Communities program; assistance will cover and scholarships in 2010 free neighborhood design consultation. ISLAMIc SOcIEty is in the planning stages Ivy tEcH cOMMuNIty cOLLEGE: for constructing a community center 2011: City of Crawfordsville is building a facility to be leased to Ivy Tech that will LafayEttE FAMILy yMcA received allow the college site to become a full- $50,000 Alcoa Foundation grant and $6,500 degree granting campus; in Lafayette, the J.C. Penney grant for mobile gyms, water college launched a one-year accelerated safety equipment and health/fitness and associate degree program with $1M private swim safety programs, 2011 scholarship funding for 25 students a year; LafayEttE trANSItIONAL HOuSING enrollment topped 7,600 for fall 2011; small spent $700,000 on a remodel ag building added to campus; launched Ivy Tech Renaissance Instructional Center in LONG cENtEr for tHE pErforMING downtown Lafayette in 200,000sf of space ArtS purchased adjacent two-story in Renaissance Place, with 750 students building at Sixth and Columbia for arts taking classes; launched Ivy Tech Corporate groups’ office and rehearsal space College tIppEcANOE cOuNty pubLIc LIbrAry
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