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ANNUAL REPORT Final GREATER GALLUP MOVING FORWARD GGEDC SUMMARY REPORT | 2012-2015 TABLE OF CONTENTS 02 Presidentʼs Letter 03 Organizational Overview 04 Infrastructure Development 05 Business Attraction & Recruitment 06 Business Retention & Expansion 07 Marketing 08 Stakeholder Engagement 09 New Opportunities 10 Financials 11 Board of Directors 12 Testimonials 13 Executive Directorʼs Letter It is with great pleasure we present our The launch of the GGEDC Advisory Committee Presidentʼs Letter Summary Report, culminating a successful has been very successful, providing the four-year effort to attract business to organization with new partners and an Gallup-McKinley County. expanded pool of resources strengthening the ability to achieve business growth and job The success of GGEDC to capitalize on creation. available opportunity while building long term LAYING THE capacity is due in large part to an ability to Successful execution of the economic manage change. development program developed by GGEDC has changed for the better the local business Economic development is a science driven by climate. Engagement with our economic base data. Successful EDOʼs must have the ability to employers will maintain the base. Outreach FOUNDATION change rapidly in response to external and support for new and existing businesses pressures - political, economic, technological, will diversify the base. social, cultural, and demographic. The Gallup Energy Logistics Park remains a Our Board of Directors boasts collective tremendous opportunity to change and business and professional experience that strengthen the economic competitiveness of exceed a combined 250 years of running Gallup-McKinley County. Leveraging businesses, finance, law and other areas of transportation assets for job creation remains expertise. Such experience positions us well to a primary goal for GGEDC. be able to navigate change and adapt to new TOMMY HAWS economic realities. On going changes in the Transportation and President, GGEDC Board of Directors Logistics industry provides Gallup-McKinley Senior Vice President, Pinnacle Bank Under the leadership of Executive Director County with new opportunity and GGEDC is Patty Lundstrom, GGEDC developed and poised to capitalize. implemented an economic development plan Through strategic and conducive engagement, GGEDC has with capacity to recognize change and Recognizing the importance of the mission and established a strong alliance with the City of Gallup and respond proactively. the need for results, GGEDC has changed the McKinley County. While other local governments both local approach to economic development, nationally and across the state are eliminating funds for With economic development it is important to moving from adhoc to strategic strategies, economic development, the City of Gallup and McKinley recognize how and where people are rejecting silo work in favor of partnerships, County have recognized that investing in economic accessing information. Initial site selection is and providing a foundation for long-term development is imperative if we are to be positioned for current primarily done online and investments such as success. But foundations were meant to be and future growth. These investments have allowed the GGEDC the GGEDC website provide Gallup with a built upon, not seen as finished projets - we to foster new business growth while expanding our local considerable competitive advantage. Before have much more work to do. However, now capacity for economic sustainability. Such initiatives include the we were organized to become the GGEDC, that the foundations are in place, we are launch of a business retention and expansion program as well Gallup and McKinley County were not “on the poised to build upon them for a better as formation of the GGEDC Advisory Committee. The model map” for site selectors and other potential community today and brighter future for our calling for a public-private partnership for economic investors in our local econom. Now with a families in the days and years to come. development has proven to be the right combination for cutting edge website, data and resources are Sincerely, success. available to give companies and other interested parties the tools they need to investigate the area. We have started to see Tommy Haws that the world is finding us. Tommy Haws, President LETTERS GGEDC Board of Directors 02 MISSION STATEMENT Organizational Overview It is the mission of the GGEDC to drive economic growth Greater Gallup Economic Development Corporation through building on local assets and strategic partnering to target (GGEDC) is an economic development organization attraction and recruitment of business and industrial employers that provide economic-base jobs in the Gallup-McKinley County area. characterized by strong board and executive management, guided by the code of ethics of the International Economic VISION Development Council (IEDC) and with professional staff possessing the necessary education, experience, skills sets To increase economic base To strengthen the capacity of To develop and improve To develop GGEDC into a and networks to deliver effective and efficient economic job opportunities and the people of Gallup-McKinley Countyʼs professional and premier development services to the City of Gallup and surrounding increase per capita income in Gallup-McKinley County to infrastructure to make the economic development area. Gallup-McKinley County to compete in the global region economically organization in the state of reach parity with the state. economy. competitive. New Mexico. ECONOMIC DEVELOPMENT: A PUBLIC/PRIVATE PARTNERSHIP VALUES GREAT STAFF GREAT SERVICE ETHICS DIVERSE COLLABORATION The overall approach for the pvovision of economic GGEDC staff members Our overall guiding Adherence to the Code GGEDC is We create collaborative development services is based on the philosphy of a are our most valued principal is to provide of Ethics of the results-oriented, partnerships through public/private partnership. GGEDC seeks a long-term asset. exceptional customer International Economic innovative, and driven mutually beneficial shared commitment to achieve common goals related to service. Development Council. in our activities. relationships with new job growth and enhanced tax revenue generation by stakeholders. implementing a customized economic development RECRUITMENT PLAN program consisting of a two-prong approach focusing on : RECRUITMENT RETENTION Recognition 1) business attraction and 2) business recruitment and Resource Strategic Survey Development Planning Luncheon expansion & ATTRACTION & EXPANSION Community Community Business attraction is to encapsulate efforts to Marketing Marketing Engagement Engagement diversify and grow the local economy by recruiting new RECRUITMENT RETENTION & economic-based businessess into sectors of the economy & ATTRACTION EXPANSION representing the highest potential for long-term growth. Partnership Real Estate Partnership Real Estate Business attraction is based on promotion of the Development Development Development Development competitive strengths of Gallup, NM. Data & Data & Business recruitment and expansion represents efforts to Workforce Workforce Research Research grow and stregthen the local economy by implementing a business retention and expansion program that will engage local existing ecnomic base businesses to provide ORGANIZATIONAL MILESTONES critical business support to ensure long term business viability and competitiveness. Engagement will Mar 2012 Sept 2012 June 2013 Oct 2015 Mar 2016 subsequently provide GGEDC with critical leads to GGEDC is officially www.GallupEDC.com GGEDC selected as NM GGEDC presents to NM GGEDC establishes incorporated goes live Economic Developer of the Infrastructure Finance Advisory Committee undertake targeted recruitment resulting in new Year Conference complimentary business and expanded industry clusters. Mar 2012 Jan 2013 Apr 2015 Feb 2015 Sept 2016 Financial Review Executive Director hired GGEDC becomes a GGEDC presents to NM GGEDC receives completed by Moye, OVERVIEW 501c3 Non-Profit Economic Development ʻExcellence in Economic Summit Developmentʼ Award Waters & Associates 03 Infrastructure Development BNSF I-40 Gallup Energy Logistics I-40 Park 2013 |Gallup Land Partners, LLC Carbon Real announced plans to build the first Coal Estate integrated Energy Logistics Park in the State of New Mexico, to be located 5 miles northwest of Gallup, STRENGTHEN NM. US 491 Carbon The Gallup Energy Logistics Park is a Coal 2,000-acre master-planned business park connected to the BNSF Railway Real OUR ASSETS I - 40 TransCon Line. Asset-based economic development is a strategy for sustainable economic Estate Accessible through US Hwy 491, the growth, as it builds upon the communityʼs existing assets. GGEDC has put Gallup Energy Logistics Park is 8 forth an asset-based economic development plan which seeks to recruit miles from Interstate I-40. Carbon and attract economic base employers by leveraging proximity and access US Hwy 491 SWA Industrial Park Coal Road, north of the City of to transportation assets including US Hwy 491, US Interstate I-40, and the Gallup, will connect the park to US 2014 |NM Governor Susana Martinez 2014 | The SWA Industrial Park, TransCon rail line of BNSF Railway. Hwy 491, allowing park traffic to announced funding in the amount of $78 located in Thoreau, NM, represents bypass the city of Gallup providing million for the completion of the US Hwy 320-acres with logistics, warehouse futher
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