Ascension Economic Development - PowerPoint PPT Presentation

1 / 25
About This Presentation
Title:

Ascension Economic Development

Description:

Movie Locations. 2 movies shot in Ascension, 2 in pre-production ... Streams identified, target companies and marketing plan to potential fine and ... – PowerPoint PPT presentation

Number of Views:107
Avg rating:3.0/5.0
Slides: 26
Provided by: davidc6
Category:

less

Transcript and Presenter's Notes

Title: Ascension Economic Development


1
Ascension Economic Development Corporation Board
Meeting Winter 2007 Tommy J. Kurtz, CEcD,
MPA Edie Michel Brandi Duplessis
2
Key Operational Highlights-4th Qtr.
  • Location of Dynamic Fuels (Tyson) biofuels plant
    and local/state financial package offered with
    400,000 EDAP grant applied for in 2008 and 1
    local construction sales tax rebate
  • Expansion of Bevel Tech Group to new location in
    the Parish
  • Visit of company officials of new theatre
    considering Parish
  • Pointe Sunshine Megasite certified
  • Coordination with final business park sites and
    owners and national developers on business park
    for Ascension
  • Coordination of AEDC for major reception at
    American Film Market in Santa Monica promoting
    Louisiana and Baton Rouge region

3
Key Operational Highlights (cont)
  • Finalist but not final site for Project
    Sonoma-Shaw project
  • Pending expansion projects including chemical
    plant and gas plant over 450 million and 135
    jobs
  • Tenant contracts up to 16 with 12 active tenants
    at LECC
  • Flash freezer operational at LECC
  • Downstream Fine and Specialty Chemical project
    progressing into SOCMA in New Orleans in Jan.
    2008

4
Announced Projects Dynamic Fuels-(Project
Archie (8/1/07)) -25 acre tract within Lion
Copolymer -45 jobs (avg salary of 96 k), 126
million cap. Inv. -Refund of local 1 sales tax
on construction and 400k EDAP grant pending
thru AEDC for rail spur -First biofuels plant of
its kind for Tyson
5
Current Attraction Projects 25 prospect visits
in 2007 (5 since last meeting) -Theatre -Mini
Mill (megasite)-(dead) -Fire truck manufacturer
(dead) -Gasification plant Still
pending -Theatre -Fire truck manufacturer -Biomass
Plant (October mtg in Atlanta) -Hotel-Gonzales -C
all Center -Asphalt Plant -Spent Carbon Plant
6
Request for Proposals 23 in 2007, 4 since last
board meeting
7
  • 2007 Trade Shows/Conferences (2 since last
    quarter)
  • Intl Builders Show (with BRAC)-February-Orlando (
    Edie-completed)
  • National Petroleum Refinery Assc.-March (Tommy)
  • International Council of Shopping Centers-May
    (Edie)
  • Corporate Home Office Visit-Houston-Summer
    (Tommy)-July 16-18
  • LA Restaurant Assc. Food Show-New Orleans-Aug.
    4-6
  • Theatre prospect HQs visit- (Edie/Tommy)
  • American Film Market-November (Edie/Tommy)
  • Corenet Global-Fall Meeting-November (Tommy)

8
  • Business Retention and Expansion
  • Announcements
  • Bevel Tech, Prairville, 15 jobs, 2.5 million
    investment
  • (AEDC helped with finding sites and state
    incentives)
  • 2007 pending projects
  • --Chemical Plant-300 million expansion
  • --Gas Plant Project-150 million expansion
  • -Distribution Center, 1.5 million expansion
  • 1 retention visit-LeBlancs

9
2007 AEDC results summary
10
  • Attraction Projects-2007
  • Dynamic Fuels (Tyson ) 45 jobs, 126 m
  • Kelloggs Distribution 28 jobs 1m
  • Kinder Morgan Terminal 43 jobs, 37 m
  • Total 116 jobs, 164 million in investment

11
  • Attraction Efforts
  • -25 prospect visits in 2007
  • -23 RFPs (one location-Archie biofuels)
  • -8 trade shows/industry conferences
  • -national marketing of megasite and Flour
  • Call center by Entergy/BRAC
  • -state of the art website

12
  • Business Retention and Expansion
  • Pearce Foundry 15 jobs, 3 million
  • Pax 50 jobs, 1.5 million
  • Dupont 5 jobs, 66 million
  • Bevel Tech 15 jobs, 2.5 million
  • Total 85 jobs, 73 million in capital investment

13
Retention and Expansion Efforts
  • 19 retention visits in 2007
  • 5 visits to corporate headquarters in Texas of
    local companies
  • Use of synchronist software for reports and
    project monitoring

14
  • LA Edible Creations Center
  • 16 contracts signed, 12 active tenants
  • --Chef KD, Omis
  • -Key Gazel, Cuddin Eddies
  • -Jazzy Bird Café Coffee, Tfathers
  • -Folse Seafood, Chef JP
  • -Drakes Catering
  • -Catering to you-Stuffd
  • -BB Gourmet

15
  • LA Edible Creations Center
  • 16 contracts signed, 12 active tenants
  • -1 tenant (Jazzy Bird Café) has products in local
    stores
  • -Part-time incubator manager hired
  • -Temporary Flash Freezer operational
  • -Advertising in food magazines, new brochure,
    Eatel news, and article in the Advocate
  • -70,000 in grants awarded in 2007
  • -50,000 in grants pending from LED for LECC for
    flash freezer

16
  • Movie Locations
  • 2 movies shot in Ascension, 2 in pre-production
  • Curious Case of Benjamin Buttons (February 2007-2
    days of shooting)
  • Loss of a Tear Drop Diamond- (August 2007-3 days
    of shooting)
  • Bonnie and Clyde
  • casting call 8/23 in Donaldsonville filming 2008
  • STATE-
  • securing financing in 2008
  • Placed more than 600 location photos on website
  • AEDC coordinated statewide reception at American
    Film Market in November in Santa Monica with Chef
    KD cooking from LECC
  • Responded to 20 RFPs for film locations

17
  • Ascension Megasite
  • Certified on December 13th
  • Becomes only certified, deep-water access
    megasite in America
  • Under past consideration for three prospects even
    before
  • certification
  • Mailout of maps and certification documents to
  • national site selectors in early 2008 and
    marketing with
  • economic development partners
  • www.deepwatermegasites.com
  • www.louisianamegasites.com
  • www.industrialmegasites.com

18
  • Business Park Development
  • Final three sites and feasibility analysis
    completed
  • Working with developers and property owners on
    possible partnerships
  • Development of aerials and maps on sites for
    future marketing and website-
  • www.ascensionbusinessparkproject.com

19
  • Downstream Specialty Chemical Initiative
  • Streams identified, target companies and
    marketing plan to potential fine and specialty
    chemical companies to co-locate at BASF
  • Targeting SOCMA chemical members in New Orleans
    in 2008 and on-going national marketing effort on
    chemicals available for downstream processing in
    Ascension

20
  • Grants and Funding
  • -157,500 raised for operational activities
  • (megasite, incubator, business park
  • 125,800 thru AEDC, 31,700-AEDF,
  • of which 75,000 state line item appropriation)
  • -35,000 raised for prospects/retention
  • (Pearce Foundry)
  • -50,000 LBIA grant pending for
  • purchase incubator flash freezer
  • -400,000 EDAP pending for Tyson Biofuels project

21
  • 2008 AEDC Initiatives
  • -Training of new council and administration on
    economic development
  • -Strategic economic development plan
  • -National/international marketing of certified
    megasite
  • -Business park development with national
    developers and local property owners

22
  • 2008 Initiatives
  • -Placement of food incubator tenants products in
    local stores
  • Marketing program to SOCMA (specialty chemical
    assc.) membership on Ascension and chemicals
    processed in Parish
  • Partnering with BRAC on national public relations
    with DCI on Ascension business and ED stories
  • -Feasibility study for movie studio in Ascension

23
(No Transcript)
24
(No Transcript)
25
Questions? www.ascensionedc.com tkurtz_at_ascensione
dc.com emichel_at_ascensionedc.com bduplessis_at_ascensi
onedc.com 225-675-1750-p 225-675-1751-f 6967
Highway 22 Sorrento, LA 70778
Write a Comment
User Comments (0)
About PowerShow.com