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260-499-4994 www.LaGrangeCountyEDC.com 260-499-4994 www.LaGrangeCountyEDC.com To improve the quality of life for the citizens of LaGrange County, Indiana.

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Presentation on theme: "260-499-4994 www.LaGrangeCountyEDC.com 260-499-4994 www.LaGrangeCountyEDC.com To improve the quality of life for the citizens of LaGrange County, Indiana."— Presentation transcript:

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2 260-499-4994 www.LaGrangeCountyEDC.com

3 260-499-4994 www.LaGrangeCountyEDC.com To improve the quality of life for the citizens of LaGrange County, Indiana through the enhancement of employment opportunities resulting from the responsible growth and retention of business and industry.

4 260-499-4994 www.LaGrangeCountyEDC.com Business Attraction Business Retention and Expansion Improving Quality of Life Expanding Entrepreneurialism Enhancing the Local Tax Base Excerpted from Introduction to Economc Development International Economic Development Council, Washington DC, revised Jan 2006

5 260-499-4994 www.LaGrangeCountyEDC.com Excerpted from Introduction to Economc Development International Economic Development Council, Washington DC, revised Jan 2006

6 260-499-4994 www.LaGrangeCountyEDC.com

7 260-499-4994 www.LaGrangeCountyEDC.com Access to I-80/90 (Exit 121), as well as IN SR 3,5,9, 120 and US 20. Airports: Fort Wayne International Airport – 74 miles (S), South Bend Regional – 53 Miles (W) Inland Ports: Toledo Seaport 106 miles (E), Burns Harbor 109 miles (W) Interstate Interchange: 23 miles (I-69 & I-80/90) Rail Access: South Milford & Howe

8 260-499-4994 www.LaGrangeCountyEDC.com 2 nd largest Amish settlement in the United States Over 2 million tourists annually visit LaGrange County Town of Shipshewana is annually one of the top 5 most visited tourist attractions in Indiana 67 natural lakes 11,605 acre Pigeon River Fish & Wildlife Area Ranked by the Robert Wood Johnson Foundation as the 5 th healthiest county in Indiana.

9 260-499-4994 www.LaGrangeCountyEDC.com Certified Site Ready 114 acre site, visible from I- 80/90 and ready to build with all utilities

10 260-499-4994 www.LaGrangeCountyEDC.com

11 260-499-4994 www.LaGrangeCountyEDC.com POPULATION Total Population 37,172 Total Households, 2006-08 12,424 Median Age, 2008 30.9 Projected Population, 2015 39,973 INCOME LaGrange Median Household Income, 2008 $51,160 Indiana Median Household Income, 2008 $48,010 LaGrange Per Capita Income,2007 $23,341 Indiana Per Capita Income, 2007 $33,215

12 260-499-4994 www.LaGrangeCountyEDC.com LABOR FORCE, PRELIMINARY 2009 Labor Force 16,518 Unemployment Rate, March 2010 12.9% COMMUTING, 2007 Commuting INTO LaGrange County 4,200 Community OUT of LaGrange County 6,679

13 260-499-4994 www.LaGrangeCountyEDC.com MAJOR EMPLOYERS CompanyMajor ProductEmployment in FTE K-Z Inc.Recreational Vehicles450 Nishikawa Standard Co.Rubber Seals & Trim400 Crossroads RVRecreational Vehicles300 Champion EnterprisesModular Homes175 DRV, LLCRecreational Vehicles173 Parkview LaGrangeGeneral Medical & Surgical Hospitals 135 Dometic CorporationAwnings & Canopies100 Millers Merry ManorNursing & Convalescent Homes 96 Lakepark Industries of Indiana Motor Vehicle Parts Manufacturing 91 Deflecta-ShieldMotor Vehicle Parts Manufacturing 80

14 260-499-4994 www.LaGrangeCountyEDC.com AVERAGE ANNUAL WAGE AND EMPLOYMENT BY INDUSTRY, 2008 IndustryAvg. Annual Wage Employment% Employment Total – All Covered$31,81611,522 Total – All Private$31,61510,170 Natural Resources & Mining $34,3161041.0% Construction$32,1244364.3% Manufacturing$40,2595,13850.5% Trade, Transportation & Utilities $22,0141,82818.0% Information$34,677370.4% Financial Activities$30,6923373.3% Professional & Business Services $27,8882772.7% Education & Health Services $28,5207717.6% Leisure & Hospitality$10,1801,01710.0% Other Services$22,9242242.2%

15 260-499-4994 www.LaGrangeCountyEDC.com TAXES Corporate Adjusted Gross Income 8.5% Sales & Use 7% Individual Income 3.4% State Sales 7% Local CAGIT 1.0% Local CEDIT 0.4% UNEMPLOYMENT INSURANCE New Employers (per $100) 2.70% Minimum Tax Rate 1.10% Average Tax Rate 2.71% Taxable Base $7,000

16 260-499-4994 www.LaGrangeCountyEDC.com * LaGrange County has a 44% Amish population that due to religious beliefs stop attending school after the eighth grade EDUCATION ATTAINMENT, 2006-08 Less than High School * 43.5% High School Graduate 30.2% Some College 12.9% Associates Degree 4.0% Bachelors Degree 6.5% Masters PhD and/or Professional Degree 3.5%

17 260-499-4994 www.LaGrangeCountyEDC.com EDUCATION CorpSchoolsEnrollment Public Schools3146,108 Private Schools1147 Colleges & Universities 28 in surrounding Indiana counties, such as Trine, Notre Dame, IPFW, IU South Bend, & Manchester College

18 260-499-4994 www.LaGrangeCountyEDC.com GRADUATION RATES, 2008-09

19 260-499-4994 www.LaGrangeCountyEDC.com Keith A. Gillenwater Executive Director LaGrange County Economic Development Corporation 304 N. Townline Rd., Suite 2 LaGrange, IN 46761 (260) 499-4994 (260) 350-3454 kgillenwater@lagrangecountyedc.com www.lagrangecountyedc.com


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