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An Nu Al Repo Rt 2011

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An Nu Al Repo Rt 2011 Annual Report 2011 1 Letter from the Executive Director Foundation Board Stuart McAvoy While news of a national recession dominated the airwaves in 2011, St. STEDF President Tammany Parish saw both retention and growth in our local economy. UPS, Government Sector Solutions Development While the national unemployment rate rose to double digits, here at home Manager the rate was closer to 7 percent – a rate not far from the 5-percent level economists agree is attractive to businesses, and proving once again that Bruce Clement we are well-positioned to hold our own as a destination of choice for site STEDF Vice-President selectors and businesses of all sizes. Slidell Memorial Hospital, Chief Ancillary Officer New businesses continue to launch in our community at a rate of several Stella Helluin hundred a month, and range from cottage industries families start to STEDF Treasurer supplement income to major corporate relocations and expansions. Nolan Power Group, Human Resource Manager/ Assistant Controller On the political front, we gained a seat in the House of Representatives and lost one in the Senate as 2010 Census data were put into effect through Nixon Adams redistricting. But as 2012 begins, a majority of our delegation to Baton Mandeville Planning & Zoning Commission, Chairman-Zoning Rouge were given significant leadership roles in the new Legislature. David “Dave” Anderson There are undeniable assets here that make us an extraordinary place. From Retired Senior Vice President, Hancock Bank the natural geography that places us near waterways that are navigable for both commerce and recreation to the long-established Interstate corridors Martin Bruno, Jr., FAICP that make us a logistics coordinator’s ideal, St. Tammany is in a good place both literally and figuratively. Rick Chapman Diversified Foods & Seasonings, Inc., The St. Tammany Economic Development Foundation continues to thrive. President/CEO Our work in helping existing businesses succeed and grow is effective, as business-retention efforts have measurably kept companies here and Irma L. Cry helped them expand employment opportunities. Our efforts to attract local St. Tammany Parish, businesses through outside promotion and by helping site selectors and Business Development Liaison CEOs who contact us have led to thousands of new jobs and acres of clean development. Shelby P. LaSalle, Jr. GEC/Krebs-LaSalle, Chairman/CEO While many of our efforts are behind the scenes, the impact can be seen everywhere in St. Tammany, from major construction projects to increased Ron Lee housing sales as new families move here to follow new jobs. Ron Lee Homes, Owner Of course, nothing exists in a vacuum, and responsive local governments, Peter J. Link First Bank and Trust, Executive Vice President comprehensive rezoning, low crime and quality education are all factors in our work – and factors to which we contribute in a variety of ways. Mallery Mele Mele Printing, Owner/CEO We enter 2012 with optimism and determination, bolstered by recent successes and spurred-on by positive indicators that show our success and Ivan Miestchovich, Jr., Ph.D., CEcD bode well for more. University of New Orleans, Institute for Economic Development & Real Estate Research, Thank you for your interest in our work. Whether you’re an established Director and Associate Professor of Finance supporter of EDF or have interest in joining our efforts, we welcome you. Daniel “Danny” R. Schaus Sincerely, Cleco Power, LLC, Director of Governmental Services Eric Schouest Cleco Power, LLC, Brenda Reine Bertus General Manager Eastern District Executive Director Foundation Board EDF Staff About St. Tammany EDF 2 Brenda Reine Bertus The St. Tammany Economic Development Foundation (STEDF), a non- Executive Director profit corporation and politically unaffiliated, is recognized as the lead economic development organization for St. Tammany Parish. STEDF Tracy Clanton seeks to improve the quality of life in the parish by strengthening and Executive Assistant supporting the business climate in the region. Michael Tomlinson Business Development Manager Our Services Site Selection Services Ronda Sides • Locates sites that meet business partner specifications Information & Events Coordinator • Coordinates meetings and negotiations • Maintains database of available site locations Demographic Statistics & Publications • Customizes individual information products Other Members • Publishes 10-Year Economic Summary, Parish Profile, and Of Our Team Quarterly Economic Trends Report • Reports and information available online at www.stedf.org James Hartman Retention Program Communications Director • Makes on-site visits to resident businesses and industries James Hartman & Associates • Facilitates problem resolution • Hosts Business Assistance Forums John Borland Support Economist • Facilitates federal, state and local incentives Borland Econometrics • Acts as both a liaison and an advocate with local governments and regulatory agencies Normand Pizza • Assists in finding resources Legal Counsel • Supporting Workforce Development Efforts Milling Benson Woodward, LLP • Provides business counseling services through Southeastern Louisiana University’s Small Business Development Center, Manufacturing Extension Partnership of Louisiana (MEPOL), and Louisiana Procurement Technical Assistance Center (LA PTAC) Projects STEDF achieved important wins in new business development, retention/expansion, and creation throughout the year. Twenty-one projects reached completion in 2011; generating $155.5 million in investments, representing 280 existing jobs and 539 new jobs. Some of the 2011 projects include: Completed Associated Wholesale Grocers, Inc. - Associated Wholesale Grocers began construction of their seventh full-line grocery distribution 2011 Governor’s Lantern Awards – June 14, 2011 center in Pearl River. The $75 million project includes a 720,000 square- From left: Representing St. Joe Brick Works-Chris Schneider, Pete Schneider, IV, Elizabeth Schneider, Pete Schneider, III and Kathryn Schneider; Brenda Reine Bertus, foot facility situated on a 68-acre site, and will bring an estimated 588 STEDF; Kara Renne, Regional Planning Commission construction jobs and employ nearly 300 new permanent workers when it opens in January 2013. Continued on next page → Projects (Continued) 3 2011 Investors Nunmaker Yachts – Nunmaker Yachts is a full-service yacht sales and Champagne Beverage service company located in Madisonville. It is beginning construction of a City of Covington new sales and service facility and a new 114-unit full-service dry storage marina. The $2.2 million project will create three new jobs and retain six City of Mandeville jobs. City of Slidell Slidell Memorial Hospital Regional Cancer Center – Slidell Memorial’s Cleco Power, LLC new Regional Cancer Center provides inpatient and outpatient services to patients from the entire Gulf South. The project created 40 new jobs with a Diversified Foods & Seasonings, Inc. $22 million capital investment. Express Employment Professionals Candlewood Suites – Candlewood Suites is a new extended-stay, all-suite Florida Marine Transporters hotel located in Slidell. This project created 30 new jobs with a capital investment of $2 million. Folger Coffee Company Gilsbar, Inc. Comfort Suites – Comfort Suites is a new hotel currently under construction in Mandeville. This project will create 10 new jobs with a LaPorte, Sehrt, Romig & Hand $2.1 million capital investment. Louisiana Workforce Commission Hilton Garden Inn – The Hilton Garden Inn is a new hotel located in Mele Printing Covington. This $14 million project created 25 new jobs. Northshore Business Council Retention IBERIABANK In 2011, 94 retention visits were performed, representing 796 existing jobs. Paternostro Bros. Joint Venture Real The purpose of these visits is to assess the well-being of our existing firms -Estate and to provide assistance through outreach and educational opportunities. Many of the expansion projects listed below were identified during a Poitevent Interests retention visit. Rooms To Go Expansions St. Tammany Home Builders -Association Abita Brewing Company – Abita Brewing Company, a production facility located in Abita Springs, completed a $13.6-million warehouse expansion. St. Tammany Parish Government Bevolo Gas & Electric Lights, Inc. – Bevolo Gas & Electric Lights, the Stirling Properties largest manufacturer of hand-made, open-flame copper lanterns in the Wegmann-Dazet & Co. world, completed a $250,000 facility expansion at its Covington location that created eight new jobs and retained 35 jobs. Mele Printing – Mele Printing, the largest commercial printer in the metro New Orleans area, recently expanded its existing facility. The $1.2 million project created five new jobs and retained 51. NMD, Inc. – NMD, Inc., a software development company located in Slidell, relocated into a larger facility. The relocation created two new jobs, and retained 10 jobs with a capital investment of $50,000. PEC/Premier Safety Management – PEC/Premier Safety Management, a training provider and consultant in the oil and gas industry, expanded MECO – August 15, 2011 its Mandeville location. The project created six new jobs, and retained 60 Louisiana Economic Development Secretary Stephen Moret visits St. Tammany manufacturer, MECO. Pictured from left: Reano Siragusa, MECO; Secretary Stephen job with a capital investment of $642,900. Moret; Jeff Lynn, Louisiana Economic Development 2011 STEDF Combined Economic Impact 4 of 21
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