1 / 13

Cooperation and Economic Development

Rita
Download Presentation

Cooperation and Economic Development

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


    1. Cooperation and Economic Development

    2. Introduction Overview of Regional Economic Situation Possibilities Next Steps I would like to thank the NDIA for sponsoring today’s event. I think it is a wonderful opportunity for us to get together and discuss how to take advantage of the unique opportunity presented to us by the defense industry. I was born and raised here in the Quad Cities. Despite being the biggest employer in the area, the Rock island Arsenal is one of the best kept secrets in the Quad Cities. Local residents know the installation exists, but what goes on there and the opportunities it presents are often overlooked. Hopefully, today’s presentations can shed some light on the economic development potential for the defense industry here in the Quad Cities. Today I am going to provide a brief economic overview of the Quad City region. It is important to understand where we are before we plan to move forward. I would also like to propose what the possibilities are for the Iowa-Illinois region. Finally, I am going to propose some next steps that we can take to keep momentum moving forward. Often, we attend these conferences and leave charged up with ideas and enthusiasm, but the day to day grind of keeping our heads above water keeps us from moving forward.I would like to thank the NDIA for sponsoring today’s event. I think it is a wonderful opportunity for us to get together and discuss how to take advantage of the unique opportunity presented to us by the defense industry. I was born and raised here in the Quad Cities. Despite being the biggest employer in the area, the Rock island Arsenal is one of the best kept secrets in the Quad Cities. Local residents know the installation exists, but what goes on there and the opportunities it presents are often overlooked. Hopefully, today’s presentations can shed some light on the economic development potential for the defense industry here in the Quad Cities. Today I am going to provide a brief economic overview of the Quad City region. It is important to understand where we are before we plan to move forward. I would also like to propose what the possibilities are for the Iowa-Illinois region. Finally, I am going to propose some next steps that we can take to keep momentum moving forward. Often, we attend these conferences and leave charged up with ideas and enthusiasm, but the day to day grind of keeping our heads above water keeps us from moving forward.

    3. Congressman Phil Hare – (IL-17) I work for Congressman Phil Hare, starting in January as his Economic Development Director. Phil was elected November 7, 2006 to his first term in Congress. Prior to being elected, Phil worked for Congressman Lane Evans for nearly 24 years as his District Director. I have a picture here of the Fightin’ 17th as it was called on the Colbert Report. If you are not familiar with Illinois politics, this gives you a good thumbnail sketch. I believe it is now the Oxford Dictionary definition of “gerrymandering”. I show you this map to illustrate the wide variety of economic development challenges. From brownfield redevelopment of the old Northwestern Steel & Wire Plant in Sterling-Rock Falls to coal mining in Montgomery County to bio-fuels production just about everywhere, the 17th district presents a wide variety of possibilities. When I started with Phil in January, we discussed the priorities for the district. His first and primary objective was loud and clear. Understand everything that is going on at the Rock Island Arsenal and I’ll provide whatever assistance necessary to make sure it thrives. I hope all of today’s presentations provide a pro-active way of making this happen. We are better served being on the offensive than reactively scrambling after another BRAC.I work for Congressman Phil Hare, starting in January as his Economic Development Director. Phil was elected November 7, 2006 to his first term in Congress. Prior to being elected, Phil worked for Congressman Lane Evans for nearly 24 years as his District Director. I have a picture here of the Fightin’ 17th as it was called on the Colbert Report. If you are not familiar with Illinois politics, this gives you a good thumbnail sketch. I believe it is now the Oxford Dictionary definition of “gerrymandering”. I show you this map to illustrate the wide variety of economic development challenges. From brownfield redevelopment of the old Northwestern Steel & Wire Plant in Sterling-Rock Falls to coal mining in Montgomery County to bio-fuels production just about everywhere, the 17th district presents a wide variety of possibilities. When I started with Phil in January, we discussed the priorities for the district. His first and primary objective was loud and clear. Understand everything that is going on at the Rock Island Arsenal and I’ll provide whatever assistance necessary to make sure it thrives. I hope all of today’s presentations provide a pro-active way of making this happen. We are better served being on the offensive than reactively scrambling after another BRAC.

    4. Challenges Population Projections – 2015 Illinois will grow 10.7% 17th Congressional District will grow 3.4% Rock Island County will grow 3.5% Before we attack solutions, I think it’s important to understand where we stand on the basic economic inputs of our economy.Before we attack solutions, I think it’s important to understand where we stand on the basic economic inputs of our economy.

    5. Quad Cities Economy The Quad Cities economy is growing at 2.4% - Ranks 202nd out of 363 in the U.S. Growth is broadly representative of Midwestern economic trends What does this mean?

    6. Challenges Industry Churn 1990 to 2005-Illinois added more than 500,000 jobs 1990-2005 Illinois lost 220,000 manufacturing jobs 1990-2005- Median Household Income drops $6,000

    7. Business Clusters A cluster is a geographic concentration of interconnected businesses, suppliers and associated institutions in a particular field The advantages of a business cluster Increase productivity of companies in the cluster Drive innovation in the field Stimulate new business in the field

    8. Opportunity Create a Defense Industry Cluster centered around the Rock Island Arsenal

    9. Regional Cooperation

    10. Regional Partners Illinois and Iowa State Government Local Communities Quad City Development Group Davenport One Illinois Quad City Chamber of Commerce Bettendorf Chamber of Commerce Labor Groups RI Arsenal JMTC Illinois DCEO Iowa Dept. of Economic Development RI Arsenal Development Group Financial Institutions Local Business Manufacturing Associations Federal Elected Officials

    11. Herding Cattle? More like cats.

    12. Next Steps Continue to integrate the RI Arsenal with the regional community Build regional consensus for a defense industry business cluster Designate a conductor for the train – NDIA or other Build infrastructure priorities around key industries

    13. Contact Information Andy Rowe Economic Development Director Congressman Phil Hare (309) 793-5760 Andrew.Rowe@mail.house.gov.

More Related