May 28 2014 Small towns use creativity to grow

Excerpt taken from: http://ysnews.com/news/2014/05/small-towns-use-creativity-to-grow.

“Over the past 10 years, FEDA has led efforts that have resulted in a total of $275 million in venture capital invested in local businesses that have, in turn, created over 2,000 jobs. For the community, that growth has also translated into a $10 million arts and convention center, and a new library, hospital and health center. The pattern of growth and local investment isn’t new, Shaefer-Weaton said, but reflects the continuous work on behalf of both community leaders and local businesses to communicate regularly about the needs of each and finding ways to meet them.

Fairfield invests in its schools and supports the career tech paths that tie to local businesses. Toward that end, FEDA helped create the Fairfield Regional Career Academy, a post-secondary education option offering technology and industrial training that met Fairfield’s business needs and that Fairfield’s youth expressed interest in. The two-year program, housed in an unused elementary school, is a consortium of Indian Hills Community College and three local high schools and was created in response to a business survey that indicated the number one concern was workforce recruitment problems.

Fairfield also launched the Come Home Initiative working with Manpower, the regional office of the global workforce solutions company ManpowerGroup, to attract former Fairfield students and residents back to town by connecting them to local employment opportunities.”

May 22 2014 Moving America Forward: In the Heart of Silicon Prairie

Watch Mayor Ed Malloy and CVB Director Rustin Lippincott speak about the quality of life enjoyed by the residents of Fairfield Iowa.

A number of FEDA members including LISCO, Agri-Industrial Plastics, Cambridge, Sky Factory and Creative Edge are also highlighted in the latest episode of Moving America Forward.

 

Jun 20 2012 FEDA Member Profiled in Polishing Contractor Magazine

Fairfield Economic Development Association member Royale Concrete was featured in the cover story in the Summer 2012 edition of the Polishing Contractor magazine.  The story highlights work Royale did for a company named Valley Distribution Corp. and it includes some great photos from the job.

Read the full article here.

Read the testimonial here.

Jun 14 2012 Young Professionals Network Started in Fairfield

 

Young Professionals of Fairfield (YP Fairfield), a new peer-networking group for 21 – 39 year old working professionals meets monthly. YP Fairfield provides opportunities for social networking, volunteer opportunities, and professional development. Each month, the group will meet at a new venue on the third Thursday at 5:30pm.

The group had their first meeting in May at iPhone Life Magazine. 20 young professionals showed up to hear from young business owners David Averbach and Raphael Burnes. Averbach and Burnes toured the group through iPhone Life, shared the story of how they came to run the company, and gave a glimpse into the future of the magazine.

YP Fairfield will help individuals build their business and social network, gain exposure to what’s going on in the Fairfield area, and exchange ideas to help build a sustainable quality of life in and around Fairfield. The next meeting is on June 19th. Find the group on Facebook – Young Professionals of Fairfield.

For more information contact YP Coordinator Anna Bruen, annabruen@gmail.com or Darin Hayne,dnhayne@gmail.com

Mar 29 2012 Justifying Energy Efficiency as a Business Investment

This morning the Iowa Economic Development Authority sponsored a webinar titled “Justifying Energy Efficiency as a Business Improvement.” The 2 hr. webinar was produced by Partnership for Industrial Efficiency (PIE2) and Iowa State University Extension and Outreach. Read below to find out more about the purpose of the webinar. The following is reposted from Iowa State University:

Justifying Energy Efficiency as a Business Investment

Industrial reaction to energy efficiency is slow and uneven. Poor communications are partly to blame: the dialogue is usually more technical than financial. While necessary, a technical dialogue is often insufficient for convincing businesses to adopt efficiency upgrades. Clear, investor-focused messages are needed to engage industry’s financial decision-makers.

Drawing from a decade of North American program experience documented in books and trade press articles, Energy Pathfinder Management Consulting’s (EPMC) principal consultant Christopher Russell shares an enthusiastic and innovative approach to energy cost control. When he speaks on this topic, he emphasizes a business-smart approach that “monetizes” energy projects-clarifying the investment performance of energy choices. His communications are geared for managers with budget and leadership responsibility in managing their facility-wide energy performance.

Overview

All businesses, regardless of industry, have one thing in common. They manage assets that convert inputs into cash flow and wealth. Energy is the life-blood of these assets. Unless the energy is free, it is an opportunity to maximize the creation of business wealth. As always, the bottom line is money, so the challenge is to express energy and its impacts in monetary terms. Energy must be thought of in terms of its business impacts: it is a cost as well as an investment. As an investment, it has direct, measureable impacts on cash flow, capital recovery, and volatility of earnings. This is a radical change in philosophy for industrial managers. That’s why PIE2 presents this seminar: to demonstrate the rich connections between energy choices and business performance. The seminar describes the analytical tools for creating a strong business case for smart industrial energy choices. The emphasis is on economic and financial analysis-principles are reviewed in the seminar from the ground up and in an energy-smart context.Purpose and Target Audience

This workshop introduces “monetization” as the strategy for converting energy choices into dollars. Monetization allows managers to become champions for energy-smart business solutions. Energy “projects” suddenly become investments that provide cash flow, boost capital recovery on assets, and subsidize operations. By quantifying the money profile of energy improvement opportunities, facility managers can more effectively demonstrate their value to the rest of their organization.

There is a better alternative to your facilities “doing more with less.” This seminar is intended for business leaders that wish to maximize the value of the resources at their disposal. It is also for facility managers interested in more than hands-on technical issues-they want contribute to business performance, thereby sustaining their own professional viability.

Goals of the webinar:

  • Energy, Money, and Business. A back-to-basics overview of energy’s relationship to business performance. Understand why energy is more than “a cost of doing business.” Any discussion of energy improvements can and should respond directly to fundamental business goals such as capital recovery, cash flow, and return on investment. Understand the difference between economic and financial analyses and the applications of each.
  • Monetizing Energy Choices. Energy metrics are one thing, investment metrics are another. This section goes where the academic finance courses don’t go – linking energy performance to investment results. We always need to show costs, savings, and paybacks. But we should also show the cost of doing nothing, the price to save versus the price to buy energy, and the alternative price tag associated with rejected solutions. This presentation shows how to make a compelling business case for an investment-minded audience.

Mar 22 2012 AmericInn Fairfield Opens Today

After three years of development, local investors and the Apollo  Development LLC are excited to open the doors to the $5.4 million development project that is AmericInn Fairfield. David Harchanko, of Apollo Development LLC, stated “We are very pleased to be able to see our idea for a new hotel in Fairfield become a reality and with a strong partner in AmericInn we believe that it will be a great addition to Fairfield. I would like to thank the City of Fairfield and the Fairfield Economic Development Association for their assistance.”

AmericInn is conveniently located at the intersection of Highways 1 and 34 in Fairfield close to the Jefferson County Medical Center and only minutes from Fairfield and Southeast Iowa attractions.

They offer beautifully appointed guestrooms featuring cozy Serta Perfect Sleeper® beds, new 32″ LCD Flat Screen TVs and a variety of room types, including whirlpool suites. AmericInn Fairfield is the newest property in the area to feature upscale bedding, including triple sheeting for guests comfort and cleanliness.

They also offer a hot home-style AmericInn Perk breakfast and free, hotel-wide, high-speed Internet. Guests can enjoy the inviting, indoor pool, hot tub and cozy firelit lobby. And after a long day unwind at the Beer and Wine bar.

 

This AmericInn is a new prototype featuring a contemporary design.  The three-story hotel features an open lobby that encompasses a beverage bar and breakfast dining area. Other amenities include a business center and meeting room. The AmericInn Fairfield is constructed with special energy conservation features including motion-monitoring energy management systems in all guestrooms, high efficiency windows, energy efficient construction and interior placement of the swimming pool to retain heat.

Property Features

  • 100% Non-Smoking Facility
  • Two room Suites
  • Whirlpool Suites Available
  • Business Center
  • Free Hotel-Wide, High-Speed Internet Access
  • Handicap accessible guest rooms
  • Children Age 17 and Under Stay Free with Adult
  • Complimentary Weekday USA Today Newspaper
  • Cribs Available (charge may apply)
  • Elevator
  • Guest Laundry Facilities
  • Guest Reception
  • Indoor Heated Pool and Hot Tub
  • Large Vehicle Parking (Buses, Trailers, etc.)
  • Meeting Room
  • Roll-Away Beds for Rent

Accommodations

# of Rooms: 63
# of one-room Suites: 3
# of two-room Suites: 4

Meeting Rooms

Total square feet of meeting space: 435

To book a stay, visit AmericInn’s website.

 

Harper Brush Works Expands in Fairfield

From left: Tracy Vance, Executive Director FEDA; Brady Gros, CEO Harper Brush Works; Representative Curt Hanson; Mayor Ed Malloy

Harper Brush Works is consolidating its distribution operations to its Fairfield, Iowa location as part of its Performance Improvement Program. The consolidation plan includes the addition of 25 to 30 jobs and is supported by a state and local incentive package that has been approved by the Iowa Economic Development Authority and the City of Fairfield.

Last Friday, Harper Brush received its financial assistance package from the State of Iowa, City of Fairfield, and the Fairfield Economic Development Association. Harper Brush received $160,000 from the State, $32,000 in matching funds from the City and $108,000 from FEDA.

Harper Brush Works is a family owned company founded in 1900 by A.K. Harper. Fairfield, Iowahas been home to Harper Brush Works and its national headquarters since its founding in 1900. Harper Brush Works is a manufacturer of brooms, brushes, and other handheld cleaning products. Harper Brush Works currently has U.S. manufacturing and distribution facilities in Fairfield, Iowa and Greenville, North Carolina. Harper products are sold in major retail outlets and in the commercial cleaning industry. Brady Gros is the seventh person to head Harper Brush works in its 111 year history and, only the third non-family member to serve in that capacity.

“At Harper, we were not satisfied with our service levels to our customers. In our analysis of the reasons why, we quickly determined that we were spending too much time and expense trying to forecast inventory needs by location and then moving products between sites. In today’s turbulent economy, a successful company is always analyzing ways to improve their service levels and re-inventing their approach to doing business, which is the reason why we have initiated this new program. Based on the impressive team that’s in place at Harper, I am confident we can make that happen,” said CEO Brady Gros.

Gros went on to say, “After discussions with the Fairfield Economic Development Association, the City of Fairfield and the Iowa Economic Development Authority we quickly realized that our Fairfield facility was the best place to consolidate our distribution operations as part of our Performance Improvement Program. I want to thank them for their work and efforts in helping us with this initiative”.

The Fairfield Economic Development Association Executive Director, Tracy Vance, said, “This is a great example of FEDA, City and State officials working together to meet the needs of a very valuable industry in our community.”

Fairfield Mayor, Ed Malloy stated, “The city of Fairfield is very pleased that Harper Brush Works is expanding its presence in Fairfield. Harper has been a community partner for 111 years and I welcome the addition of the new jobs but, more importantly, the continued presence of Harper Brush in Fairfield.”