actual annual report 2015- small file size- most recent

ANNUAL REPORTto the City of Lawton

2015

Lawton-Fort Sill Economic Development Corporation’s Annual Report

Our Team..............................................................................................................................................1LED’s Mission.................................................................................................................................3Performance Highlights 2014-2015.....................................................................5 New Jobs and BRE + Recruitment............................................6 Business Development..........................................................................7 Innovation and Entrepreneurship..........................................8 Lead Development and Recruitment..................................9 Marketing and Public Relations...............................................10 Fostering State and Local Partnerships.....................................................13

LED Annual Report 2014-2015 • 1

Barry AlbrechtPresident & CEOLawton Fort Sill Economic Development Corporation

“Despite the challenging economic concerns facing the community, the Lawton region’s business leadership are dedicated and motivated to escalate economicdevelopment activities to diversify Lawton’s economy and bring quality jobs to the community. The Board of Directors is a dedicated group of public and private-sector individuals charged with raising the awareness of LED’s efforts to improve the region’s business climate andcompetitiveness.”

From the President & CEO

OUR TEAM

Phil

LED Annual Report 2014-2015 •2

From the Chairman 2014-2015 Board of DirectorsMr. Philip D. Kennedy, ChairPresident/CEO, Comanche Home Center

Mr. Ron Nance, Vice ChairPresident/CEO, Ron Nance Enterprises

Mr. Paul Ellwanger, TreasurerExecutive Vice President, City National Bank

Mayor Fred FitchMayor of the City of Lawton Mr. Clarence FortneyChair, Lawton Fort Sill Chamber of Commerce

Dr. John McArthurPresident, Cameron University

Dr. Tom ThomasSuperintendent, Great Plains Technology Center

Mr. Nathan Slate Vice Chair Industrial Development, Lawton Fort Sill Chamber of Commerce

Mr. Jacob BroxBrox Industries, Inc.

Mr. Arthur PatrickGeneral Manager, Lawton Communications

Mrs. Debra WelchPresident/CEO, Lawton Fort Sill Chamber of Commerce

Mr. Joe Gallagher SES to the Commanding General, Fires Center of Excellence

“It has been my privilege to serve as Board chairman for the past three years. We have accomplished so much and set the stage for continued strong economic growth. New actions are being launched to build on our regional economy with special focus to further diversify the economy. LED has a vision for our community to become a city based on innovation and high productivity that both attracts and produces a highly educated workforce. Let us all commit our efforts to building a city where our children and grandchildren can look forward to a successful future, and our existing businesses can flourish.”

Philip KennedyChair 2013-2015President & CEO Comanche Home Center

LED’s mission is to drive and ensure

economic growth by recruiting and creating high quality jobs in the

Lawton area. This includes attracting new

capital investment, retaining and expanding

existing business and industries with a focus

on high technology industries.



LED Services LED offers a full range of services to businesses looking to locate or expand in the Lawton area with a staff of business development experts who can assist in everything from site location analysis to evaluation financial assistance.

• Confidential Project Management Assistance

• State and Local Incentives• Site Selection Assistance• Global Community Marketing • Financial and Entrepreneurial

Connections• Custom Build Facilities

Aviation, Aerospace& Defense

Business Services Advanced Technologies

Information Technology

Health Science & Services

PERFORMANCE HIGHLIGHTS2014-2015

LED Target Industries

Serco named “One of America’s Top 40

Employers for2015” by Forbes

Magazine.

In 2014, LED worked with hundreds of new companies and dozens of local companies in the relocation and/or expansion of new jobs and new capital investment for the Lawton community.

LED was directly involved in establishing 616 new jobs with an average annual wage of $43,726.79. These annual salaries are above Comanche County’s present salaryaverage by over 19.5%. These new jobs have resulted in $26.9 million in new payroll and an equivalent to $31.8 million including benefits.


New Jobs and BRE + Recruitment Directly involved in supporting 616 jobs resulting in $27 million in new payroll.

Performance Measure

Targets2014-2015

Actuals2014-2015

New primary jobs resulting from Corporation

assisted projects (*BRE+

Recruitment)

200 616

New retail jobs 95

Average salary of new jobs

11% above average MSA wage: $40K

$43,726.79$51,650.70 w/

benefits*Business, Retention, and Recruitment


LED’s work with over 250 national developers has resulted in a new retail and entertainment center for the city’s West side and new investment in a multi-purpose center on the city’s East side. LED continues to work with healthcare facilities and industrial property developments.

Additionally, LED has delivered over 3 dozen marketing and investment packages in support of the Downtown Second Street Project. This past year LED has been directly involved with $21.6 million of new capital investment into the community that has made a $28 million tax base increase through land acquisition, construction, and facility development.

Performance Measure

Targets2014-2015

Actuals2014-1205

Capital investment into the community

from Corporation assisted projects

$16.4 million $21.6 million

Increase in tax base from Corporation

assisted companies and efforts

$3.3 million $28 million

Working with national and local developers LED was involved in over $21 million dollars of new capital investment.

Business Development


LED has referred dozens of entrepreneur inquiries to Great Plains Technology Center (GPTC) and Cameron University in support of developing businesses, marketing plans, and potential incubator space. LED’s suuports the creation of industry and new business in Lawton through its commitment to provide intentionally designed products and research materials.

LED economic research and regional demographics are used by existing and startup companies. The Economic Development Review and Economic Outlook have been downloaded over 300 times and 554 hard copies have been delivered. LED hadmultiple meetings and provided in depth assistance to four startup businesses that included waste disposal and plastics & garbage recycling.

Performance Measure

Targets2014-2015

Actuals2014-2015

Innovation and Entreprenuership

10 new products/services

4

Innovation and EntrepreneurshipLocal entrepreneurs consistently use LED products and services to support their business plans.


With the assistance from local businesses through LED’s Launch Lawton Campaign, President Albrecht was able to attend dozens of targeted industry tradeshows and participated in call trips around the country with the Oklahoma Governor’s Marketing Team. Additionally, Albrecht teamed with local companies to support their new business pursuits in technology based trade conferences. This has resulted in the development in 30 active industry leads and 67 qualified prospects. LED’s ongoing efforts in expanding its site selector database has resulted indiscovering and contacting 252 commercial real estate andnational site selecting organizations. Additionally these efforts included 77 in-depth meetings with industry executives.

Performance Measure

Targets2014-2015

Actuals2014-2015

Recruitment: Maintain the

number of active leads and pros-pects each year.

24 leads annually

100 prospects annually

30

67

Lead Development Efforts: Assist with the generation of project leads by

maintaining contact with national site

selectors

Contact 75 nation-al site consultants

and real estate exc-utives annually

Contact 20 corpora-tions annually

252

77

Met with over 250 industry executive and site selectors and participated in over 14 industry trade shows.

Lead Development and Recruitment Efforts


LED updated and expanded its website and has created new Social Media platforms to promote the Lawton community and its capabilities. This included new strategic directions that leverage regional assets and communities.

LED has measured a 6% increase of usage that reflects 405,334 hits total this year. The LED community video has been seen over 9,378 times on YouTube and over 14 thousand times on Facebook. LED has designed new ads and has strategically placed advertisements in targeted industry publications. LED has provided editorial content to various local and national media outlets which has resulted in 19 ad placements and editorial stories for the Lawton community.

Marketing and Public RelationsLED has expanded and promoted its website and Social Media platforms with new regional information that has resulted in an increase of visibility of the community on the local, national, and global markets.

Performance Measure

Targets2014-2015

Actuals2014-2015

Marketing: Increase visitors to the

website 383,630 July 1, 2013-June 30,2014

100,000 (15%) increase year over

year 2015 Goal 441,175

405,334

Public Relations: Number of stories

pitched/placed and assisted.

Minimum of 12 national media

stories

19

Half Page Ad - Featured In- AUSA Army Greenbook


Full Page Ads - Featured In

2015 Location Oklahoma MagazineOklahoma State of Success Magazine



The Second Annual Economic Development Luncheon was a successful event, with over 200 business leaders attending. The guest speakers, Oklahoma State Treasurer Dr. Ken Miller and economist Dr. Mark Snead, owner of RegionTrack, presented the current state of Oklahoma’s economic conditions and forecast.

Two community awards were presented: the “2015 Economic Development Community Cornerstone Award” was presented to Fort Sill Fires Center of Excellence, “In recognition of (their) long term economic commitment to the city of Lawton and Southwest Oklahoma.” The “2015 Economic Development Community Appreciation Award” was presented to Northrop Grumman “In recognition of (their) contribution through STEM education creation, within the Lawton community.”

During the event, LED released the 2015 Economic Review and Outlook over 200 copies were released during the luncheon. The cost of the luncheon was supported through sponsorship by local businesses.

LED Second Annual Economic LuncheonProvided Economic Forecast to the City

Fostering State and Local Partnerships

Lawton, Oklahoma Rated “One of the Top 10 Cities to Find a Job in the US for Veterans” by Military.com.


LED CEO, Albrecht consistently met with the Department of the Army officials and attended multiple visits to the Pentagon in support of Fort Sill’s mission. LED actively partnered with numerous community sectors in response to the Supplemental Programmatic Environmental Assessment (SPEA). LED officials worked diligently in the research and design of the economic development portion of the community presentation that was presented December 9, 2014. The Department of the Army responded to the community presentation on July 9, 2015, by announcing the Army’s force reduction would not negativelyimpact Fort Sill but bring an increase of over 200 jobs to the installation.

LED Forges the Mission of Fort Sill


LED Escalates Awareness of Lawton Industries

LED worked in partnership with Oklahoma Department of Commerce and Oklahoma Governor’s Marketing Team. LED worked alongside other economic development organizations in the state to develop a comprehensive marketing plan to increase consideration of Oklahoma as a business location. LED participated in numerous Call Trips with the Department of Commerce to various cities across the U.S. where they met with senior industry executives. LED also, teamed with the OKlahoma Department of Commerce and Oklahoma’s Governor’s Marketing Team in attending focused industry trade shows and private one-on-one meetings with Fortune 500.

Lawton Establishes New Partnerships with Department of Commerce and Industry


LED escalated its working relationship with the Oklahoma State Chamber of Commerce in support of various economic development legislative issues. This relationship has resulted in Cosmetic Specialty Labs, a local Lawton business, being highlighted at the 2015 State Chamber annual luncheon in an industry spotlight video. The Cosmetic Specialty Spotlight video is now displayed on the State Chamber’s website, LED’s website and is being used locally by various organizations.


LED Annual Report 2014-2015

302 W Gore Blvd.Lawton, Oklahoma 73501

Connect With UsLawtonEDC.com

This annual report is on the operations of the Lawton Fort Sill Economic Development Corporation (LED). The LED continues to provide economic development services to the community in multiple measurable activities with a primary goal to create jobs.

This Economic Development Semi-Annual Activity Report is provided to the City of Lawton as agreed in the service agreement between the Lawton Fort Sill Chamber of Commerce and the City of Lawton. This report has been designed and developed by the Lawton Fort Sill Economic Development Corporation (LED), formerly known as Lawton Industrial Foundation (LIF). For any questions about this report, feel free to contact the Lawton Fort Sill EconomicDevelopment Corporation at (580) 354-0023 or [email protected]. Report designed by: Nicole Bucher 2015LED Annual Report 2014-2015 • 16

Lawton Fort SIll Economic Development Corporation • 302 W Gore Blvd. Lawton, OK 73501 • www.lawtonedc.com • 580.354.0025

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