community impact analysis manufacturing golf courses fairgrounds natural disaster

Community Impact Analysis

ManufacturingGolf Courses

FairgroundsNatural Disaster

I. Manufacturing Impact

The Economic Impact of Major Manufacturing and

High Technology Firms on the Economy of Stillwater

and Payne County, Oklahoma

• Mike Woods - Extension Economist, OSU, Stillwater

• Suzette Barta - Extension Associate, OSU, Stillwater

• Susan Trzebiatowski - Student Assistant, OSU, Stillwater

• Amanda Hill - Student Assistant, OSU, Stillwater

• Kent Metcalf - Director of Economic Development, Stillwater Chamber of Commerce

• Nathan Anderson - County Extension Director, OSU, Stillwater

• Jack Frye - Area Community Development Specialist, OSU, Ada

Manufacturing Firms

• Armstrong World Industries, Inc.

• Audio Innovation, Inc.

• Dearinger Printing and Trophy, Inc.

• Frontier Printers, Inc.

• Irwin Custom Sign Company, LLC

• MerCruiser

• National Standard

• Olinghouse Steel Supply & Fab., Inc.

• Quebecor World

• R. K. Machine, Inc.

• Stillwater Milling Company

• The Brinkmann Corporation

• The Shutter Mill, Inc.

High Technology Firms• Accurate Labs and Training Center

• CMS Technetronics, Inc.

• Creative Labs, Inc.

• Esker

• ForHealth Technologies

• Frontier Electronics Systems Corporation

• Frontier Engineering, Inc.

• iTradeFair.com, Inc.

• Landauer, Inc./Crystal Growth Division

• Learnsat.Com, Inc. and Digital Cowboy.Com, Inc.

• Nomadics, Inc.

• REN Corporation

• SST Development Group, Inc.

• Stillwater Designs

• Tech, Inc.

• Teletraining Systems

• TMS, Inc.

Table 1Information Used to Conduct the Impact Analysis

TotalHigh

TechnologyManufacturing

Locally Purchased Inputs

Total Compensation

Employment

State Wide Purchased Inputs

Property Taxes Paid

Total Utility Expenditures

Charitable and Other Contributions

2,525

$83,822,484

$9,079,396

$31,770,711

$967,076

$5,496,072

$146,056

961

$33,203,441

$2,337,928

$12,424,969

$98,090

$388,507

$495,822

3,486

$117,025,925

$11,417,324

$44,195,680

$1,065,166

$5,884,579

$641,878

Table 2Residence of Employees for Stillwater

Manufacturing and High Technology Firms

In Stillwater

TotalHigh TechnologyManufacturing

Outside Payne County

In Payne County but Not Stillwater

1,414 (56%)

125 (13%)

125 (13%)

711 (74%)

732 (29%)

379 (15%) 504 (14%)

857 (25%)

2,125 (61%)

Total Jobs 9612,525 3,486

Table 3Visitors to Stillwater Manufacturing and High

Technology Firms

Annual Number of Visitors

TotalHigh TechnologyManufacturing

Number of Overnight Stays

Percent Who Stay Overnight

4,470

2,287

62%

2,698

35%

2,586 4,873

51%

7,168

Table 4Volunteer Hours Reported by Manufacturing and High

Technology Employees and Estimated Total Volunteer Hours

Number of Employees Responding

TotalHigh TechnologyManufacturing

Estimated Total Number of Hours Employees Volunteer Per Month

Reported Number of Hours Employees Volunteer Per Month

1,017

14,978

639

41

1,492

3,704 18,682

2,131

1,058

Economic Impact Analysis Results

Table 5Estimated Impacts on the Local Area from Stillwater

Manufacturing and High Technology Firms

TotalHigh TechnologyManufacturing

Sales Taxes from Individuals

Income to Individuals

Jobs 2,787

$70,884,408

$668,607

2,648

$49,619,086

$468,025

1,550

$40,405,809

$381,122

1,209

$20,606,963

$194,372

4,337

$111,290,217

$1,049,729

3,857

$70,226,049

$662,397Sales Taxes from Individuals

Income to Individuals

Jobs

Sales Taxes from Individuals

Income to Individuals

Jobs

Direct Impacts

Indirect Impacts

Total Impacts5,435

$120,503,494

$1,136,632

2,759

$61,012,772

$575,494

8,194

$181,516,266

$1,712,126

Table 6Estimated Relative Impacts of Stillwater Manufacturing and

High Technology Firms on the Local Economy

TotalHigh TechnologyManufacturing

Direct Impact Percentage

Direct Estimate

Total County Employment a

Total Percentage

Employment

Total Estimate

6%

2,787

45,670

12%

5,435

9%

4,337

45,670

18%

8,194

3%

1,550

45,670

6%

2,759

a 1999 Regional Economic Information System, Bureau of Economic Analysis

Table 6 (continued)Estimated Relative Impacts of Stillwater Manufacturing and

High Technology Firms on the Local Economy

TotalHigh TechnologyManufacturingWages and Salaries

Direct Impact Percentage

Direct Estimate

Total County Wages & Salaries a

Total Percentage

Total Estimate

10%

$70,884,408

$727,827,000

17%

$120,503,494

15%

$111,290,217

$727,827,000

25%

$181,516,266

5%

$40,405,809

$727,827,000

8%

$61,012,772

a 1999 Regional Economic Information System, Bureau of Economic Analysis

Table 6 (continued)Estimated Relative Impacts of Stillwater Manufacturing and

High Technology Firms on the Local Economy

TotalHigh TechnologyManufacturing

Direct Impact Percentage

Direct Estimate

Total County Sales Tax Reported

Total Percentage

Retail Sales Taxes from Individuals

Total Estimate

5%

$668,607

$12,703,126

9%

$1,136,632

8%

$1,049,729

$12,703,126

14%

$1,712,126

3%

$381,122

$12,703,126

5%

$575,494

b FY 1999 as reported by the Oklahoma Tax Commission for Stillwater

II. Golf Course Impact

The Economic Impact of a Proposed Golf Course on the Economy of Perkins, OK

By: Mike D. Woods, Claude Allen, and Duane McVey

Direct Activity of Proposed Golf Course

Capital Investment $450,000

Annual Operating Expense $125,000

Full Time Employment 2

Part Time Employment 5

Annual Payroll $60,000

Rounds of Golf per Year 16,000

Indirect and Total Impacts

Employment Income Retail Sales

Direct 4 $60,000

Indirect 1 $26,400

Total 5 $86,400 $48,085

Visitor Impact

* $10 $20 $30

Direct $214,000 $310,000 $406,000

Indirect $104,860 $151,900 $198,940

Total $318,860 $461,900 $604,940

If average visitor spends…

* This assumes that 16,000 annual rounds of golf will be played and that 60% of these visitors represent out-of-town guests. Multiplier = 1.49

•18 Hole, Par 72 Course

•Bentgrass Greens and manicured Bermuda Fairways

•300 yard practice driving range and 9 hole putting green

•Clubhouse with lunch bar, pro shop and banquet facilities.

•Residential lots are available

According to Golf Digest, Payne County, Oklahoma is rated as one of the finest

golf retirement communities in the nation, with The Golf Club at Cimarron

Trails reported as a new and  rising star.

Analyze Impacts of an Entire Sector or Industry

• Agriculture– Poultry Industry– Swine Industry

• Health Care Sector• Oil and Gas Industry• Horse Industry• Horseracing Industry• Higher Education• Manufacturing• Tourism• Downtown/Retail Trade

Analyze Impact of a New Business to the Community

Health Care: • Hospital• Residential Care

Facility• Drug

Treatment/Rehab Center

Agriculture:• Livestock Facility• Fairgrounds/Expo

Center• Farmer Owned

Cooperative

Entertainment:

• Golf Course

• Amusement Park

• Sports Complex

Other/Misc:

• Motel

• Work Release Center

• Manufacturing Plant

Analyze Impact of Existing Activity

• National Recreation Area

• State Park• University• Manufacturing Plant• County Administrative

Offices

• Loss due to natural disaster – Tornado

• Business, such as manufacturing plant, leaves town or closes down.

Analyze Impact of Lost Activity

Impacts of a Particular Event

• Conference• Tourist Event

– Special Olympics Oklahoma

• National Finals Rodeo• Downtown Festival