MEDCOMarion Economic Development Company

March 11, 2015

Presenting Sponsor

Growth

Innovation

Opportunity

30th AnnualBusiness Luncheon

30th ANNUAL BUSINESS LUNCHEON

Since 2013 we have directly impacted

projects bringing $32.81 million in

capital investment and creating 94 new

jobs to Marion

For every dollar invested in MEDCO

since 2009, we returned $96.24 of

capital investment to our community

Developed and opened the 184 acre,

shovel-ready Marion Enterprise Center

Successfully lobbied to secure a

reduction and cap on stormwater

utility fees

Partnered to increase available shovel

ready sites by 275 acres since 2008

MEDCOMarion Economic Development Company

REPORT TO INVESTORS

The vision of MEDCO is to be a

premiere economic development

partner in an environment that

advocates growth

and generates success.

Opportunity•Advocate and lobby for implementation of pro-business public policy at

local, state and federal levels of government

•Strengthen partnerships with local, regional and state economic development organizations

•Meet annually with all investors to align strategic growth opportunities and workforce initiatives

•Support local entrepreneurs through collaborative partnerships with regional start-up programs

Innovation•Expand and enhance MEDCO visibility

•Leverage revolving loan fund to support business investment and workforce training

•Be a leader in connecting students to current & future workforce needs

•Leverage Marion’s brand to market the community to a targeted audience in modern and creative ways

Growth•Assist10existingbusinesseswithexpansionprojectsoverfiveyears

•Securecommercialandindustrialcapitalinvestmentsof$4millionannually

•Foster an environment that creates 250 new jobs by 2019

•LeveragestateinitiativesincludingSkilledIowaandHomeBaseIowatorecruit and grow regional workforce

•Retain, expand and recruit innovative companies to Marion

2015-2019 GOALS: SUPPORTING OPPORTUNITY, INNOVATION AND GROWTH

ELPLAST America Groundbreaking - October 22, 2014

t 2014 YEAR IN REVIEW

February 10Chad Heiman hired as MEDCO Communications Manager

March 12Record crowd attends MEDCO Annual Luncheon to listen to Fiberight CEO Craig Stuart-Paul

June 1Hupp Electric Motors begins $8 million expansion and renovation project at new Marion facility.

June 17MEDCO launches Home Base Iowa Campaign

June 19Marion Iron breaks ground on new facility

July 22Freund-Vector breaks ground on $2.16 million expansion project, creating 12 high quality jobs

August 7MEDCO assists Acterra Group to facilitate $2.25 million expansion

August 20MEDCO hosts Iowa Economic Development Authority Director Debi Durham

September 15Nick Glew announced as organization’s new President

t 2014 YEAR IN REVIEW

September 25MEDCO and the Marion Chamber of Commerce partner to host Iowa House District 68 Candidate Forum

October 1 Perfect Game, Inc. purchases former GWE Building and moves corporate headquarters to Marion

October 21Legacy Manufacturing breaks ground on $10.4 million manufacturing facility in the Marion Enterprise Center

October 22Zory, Poland based ELPLAST America breaks ground on $6 million manufacturing facility in the Marion Enterprise Center

November 1MEDCO launches new, redesigned and user-friendly website

November 24Governor Terry Branstad designates Marion a Home Base Iowa community (firstmunicipalitytoreceivethedesignation)

December 15MEDCOsubmitsfinalapplicationforshovelreadyandsitecertificationforthe Marion Enterprise Center through the Iowa Economic Development Authority

MEDCO BOARD OF DIRECTORS

Ray Brown, Board ChairmanThe ESCO Group

Bill BogertAnderson Bogert Engineers

Maxwell GrantOHE Industries

Lee EilersMarion Process Solutions

Jim AngstmanGLD Commercial Real Estate Advisors

Sarah PinionMarion Independent School District

Mary RathjeRathje Construction

Tom Barnes, Past ChairmanBarnes Manufacturing

Jim BouslogBouslog Insurance

John HartmannFarmers State Bank

Dave MartinMartin Gardner Architecture

Tom PadleyMidAmerican Energy

Cheri PoppCIPCO

Tim MooneyMooney-Engle Land Company

Eric Hanna, TreasurerHogan Hansen P.C.

Steve CarrollLinn County REC

J.T. AndersonLinn-Mar Community Schools

Mary MeisterlingAlliant Energy

Scott PantelRinderknecht Associates Inc.

Alan ProwseRockwell Collins

Ex-Off icio Board Members

Brent OlesonLinn County Board of Supervisors

Snooks BouskaMayor, City of Marion

Brian CroweCedar Rapids Metro Economic Alliance

Scott SwensonKirkwood SBDC

Chad ZrudskyMarion Chamber Board Chair

Jill AckermanMarion Chamber of Commerce

Lon PluckhahnMarion City Manager

BY THE NUMBERS

Ex-Officio Board Members

Jill AckermanMarion Chamber of Commerce

Lon PluckhahnMarion City Manager

Single Family Residential ’09- 143 permits ’10- 145 permits ’11- 121 permits ’12- 157 permits ’13- 184 permits $22.6 million valuation ’14- 144 permits $17.4 million valuation Commercial Building Permits ’13- $13.4 million ’14- $15.2 million 13.4% increase from ’13 to ‘14 Unemployment Rate ’13- IA: 4.6 % Marion: 3.6% ’14- IA: 4.4% Marion: 3.5%

4.7 4.5

4.1

3.6 3.5

6.3

5.9

5.2

4.6 4.4

3

3.5

4

4.5

5

5.5

6

6.5

2010 2011 2012 2013 2014

Unemployment Rate

Marion Cedar Rapids Metro Iowa

Single Family Residential ’09- 143 permits ’10- 145 permits ’11- 121 permits ’12- 157 permits ’13- 184 permits $22.6 million valuation ’14- 144 permits $17.4 million valuation Commercial Building Permits

’13- $13.4 million ’14- $15.2 million 13.4% increase from ’13 to ‘14 Unemployment Rate ’13- IA: 4.6 % Marion: 3.6% ’14- IA: 4.4% Marion: 3.5%

0

5

10

15

20

25

30

35

2009 2010 2011 2012 2013 2014

New Commercial/Industrial Construction ($ million/year)

Over the past six years Marion continues to see strong

single family growthof an average 149 new homes/year

13.4% increase in newcommercial & industrial

construction compared to

2013

Single Family Residential ’09- 143 permits ’10- 145 permits ’11- 121 permits ’12- 157 permits ’13- 184 permits $22.6 million valuation ’14- 144 permits $17.4 million valuation Commercial Building Permits

’13- $13.4 million ’14- $15.2 million 13.4% increase from ’13 to ‘14 Unemployment Rate ’13- IA: 4.6 % Marion: 3.6% ’14- IA: 4.4% Marion: 3.5%

0

50

100

150

200

2009 2010 2011 2012 2013 2014

Unemployment Rate

New Commercial/Industrial Construction($ million/year)

Your investment in MEDCO creates new OPPORTUNITIES for INNOVATION and GROWTH in Marion.

Thank you for supporting MEDCO!

Contact us today to join our team:

Marion Economic Development Company

1225 6th Ave, Suite 100

Marion, Iowa 52302

(319) 743-4724

Nick Glew

President

nick@medcoiowa.org

(319) 743-4724

Chad Heiman

Communications Manager

chad@medcoiowa.org

(319) 743-4728

www. medcoiowa.org

Marion Economic Development Company (MEDCO)

@MEDCOia

MEDCO Marion EconomicDevelopment Company

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