Blogging about economic development in Wayne County

I'm excited to see that Valerie Shaffer, the new President of the Economic Development Corporation of Wayne County, has started a blog about her activities in that role.  The blog is complemented by a "frequently asked questions" section on the EDC website, which tries to address some of the common questions (and misperceptions) about the organization.

Whatever your take on the EDIT Tax, the EDC and their role in economic development efforts, this is a new and welcome level of transparency.

Shaffer's posts so far are authentic and to the point, bypassing some of the marketing spin that it might be tempting for an organization of the EDC's prominence to engage in when they know site selectors are looking.  She links to related resources, encourages questions and feedback, and makes repeated commitments to opening the lines of communication between her office and other voices in the community.

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The closing of Really Cool Foods

Groundbreaking for Really Cool FoodsIn 2007, organic prepared food producer Really Cool Foods announced that it would be building a multi-plant production complex in Cambridge City, Indiana and investing over $100 million in the area.  The announcement was met with great joy and significant incentives from state and local governments:

The Indiana Economic Development Corp. offered Really Cool Foods up to $3.05 million in performance-based tax credits, up to $165,000 in training grants and will provide Cambridge City officials with a $200,000 grant to assist in off-site infrastructure improvements needed for the project. Wayne County officials offered the company 50 acres of land, $165,000 in grants and a 10-year property tax abatement.

The facility opened in October of 2008 with 250 of the projected 1,000 jobs to start, and over the last few years the company has had numerous challenges reaching initially estimated milestones of investment and jobs created.

Today, the company told workers who showed up for their morning shift that the facility was closing, and in a press release sent after 9 AM, announced the company is shutting down.

A couple of initial thoughts and questions about this unfortunate announcement:

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EDC Board Appointments: Ready for Battle!

If you read today's Palladium-Item article detailing the recent attempts by Richmond's City Council to gain more representation on the Economic Development Corporation's board of directors, you might be a little confused. I certainly was.

On one hand, you've got the City painting a picture of being left out of the key parts of the relationship the EDC has with its Richmond constituents, having to fork over $730,000 without appropriate representation.

You've got a County official noting that the City is as well represented on the EDC board as the County or other entities, and that things are working just fine as they are, while the Chamber president notes that there may be a conversation to be had, but that the current actions being taken are too poorly timed.

What's going on here?  Everyone seems to be making reasonable statements on the matter that represents the point of view of the entities they serve, but it sounds like they're having the conversation with each other for the first time on the pages of the newspaper. ARGH!

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Presenting to the EDC Board on Peak Oil

Open Flame in the WorkplaceEarlier tonight I had the honor of being a guest speaker at the monthly meeting for the Economic Development Corporation of Wayne County's board of directors, presenting a version of my talk on how we can build a more self-reliant Richmond, Indiana in the face of peaking availability of natural energy resources, global climate change, and the decline of the U.S. dollar. As I said about the November 2007 presentation, it was somewhat especially nerve-wracking because the topics covered are so important to me and, in my view, so important to the future of this community. Today it was also always a growing experience to step beyond the safety of the traditional, "business world/tech guy" kinds of interactions I have with some of these folks, exposing another side of my interests and passions along the way.
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Former EDC chief announces self-published book on economic development

This is interesting: former Economic Development Corporation of Wayne County President Don Holbrook, who was fired from the organization a few years ago in an unfortunate controversy, has released a self-published book about economic development tips and strategies. Titled "The Little Black Book of Economic Development," Holbrook says the book has information about the skills and resources needed to "create world class local economies that are both sustainable and transformational in nature." You can read an excerpt online. In his press release, Holbrook quotes reviews from economic and social strategists such as Rebecca Ryan (who visited Richmond in February 2006), and Richard Florida, author of the much celebrated book The Rise of the Creative Class.

Hmmm, I wonder if he "shared" about his experiences in Richmond in the book - perhaps for his sake and ours, let's hope not.

A conversation about economic growth in Richmond

IMG_0971.JPGIn April of 2005, I made a personal commitment related to my purchasing decisions here in Richmond. I published the text of my pledge online, and have since found that hundreds of others have come to share that commitment in writing, and many more have communicated their support in other ways, which is very heartening. It was never been my expectation that everyone should share this commitment, or that my point of view is the right one and that another point of view is the wrong one. I was and am and exercising the great civic freedom to choose how and where I spend my money, based on my values about the businesses and organizations that I want to support. And as I recently heard it asked, "what is the point of having values if you don't act on them?"

As a resident of Richmond for eleven years and a business owner here for
nine years, I'm very much invested in the growth of our community. But growth means different things to different people. Shortly after the newspaper coverage of my pledge, I received a message from a prominent Richmond businessperson and political figure indicating his frustration with my actions. I thought the conversation we had that proceeded would be useful to post here, more than a year later. (I've removed any identifying information from the exchange; he can identify himself if he so desires.)

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Pal-Item forgets that framing trumps truth?

As the whole EDC mess swirls on and the gloves come off, the Palladium-Item, Richmond's local daily newspaper, has continued to insist that its role in fueling the fire of outrage over the EDC's affairs has just been about reporting the truth. It is with this sentiment that they've responded to public criticism of their aggressive coverage and editorializing, it is how they responded to concerns raised in an editorial board meeting I attended shortly after the initial series ran on their pages, and it is how managing editor Rich Jackson responds in an editorial column today. But Jackson and the rest of his staff surely know that the impact of their actions in this and every other matter they cover is not limited to the letter of the content they deliver; in a world of fast paced news delivery, short attention spans, and the need for sexy sound bites, the way the information is presented often has as much (if not more) impact than the "truth" that it might be trying to convey. In other words, the framing of an issue tends to trump the truth of an issue. This isn't their fault, but if credibility is important, it is their responsibility to acknowledge their role in that phenomenon.
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EDC conversation, Holbrook controversy continues

Another Sunday, another industrial-park-sized batch of column inches devoted to the unfolding controversy around EDC president Don Holbrook, the EDC board, and apparent mismanagement, miscommunication and missed opportunities at all levels. I won't bother distinguishing between the "news" and "opinion" articles, as they all have similar themes from all sides of the issue: "EDC president's expenses detailed,""County taking action to step up oversight,""Wayne Co. spends more on development than others in state,""EDC has brought jobs to area during tenure,""Corporation might also share blame in situation,""Residents react to EDC,""Don Holbrook must go,""The threat to job creation,""A go-getter with integrity needed at helm of EDC," and "Sunshine the best disinfectant for what ails the EDC." Whew! I'll check and see what the Pal-Item's "per click-through commission" plan looks like these days...for now I couldn't find any other news organizations in the state covering this story.
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EDC Woes Redux, Holbrook Responds

In response to my post about the Pal-Item's reporting on the controversy surrounding the EDC president, Don Holbrook has posted a lengthy explanation addressing some of the issues brought up in those stories. I believe it's the first publicly available statement from him since the Pal-Item's series on Sunday. Holbrook also commented on my account of the IU Business Outlook panel, and his thoughts on what it will take to move our community's economy forward.

EDC airs out dirty laundry in Pal-Item

I was surprised to pull up today's Palladium-Item online and see four more articles about Don Holbrook and questions surrounding his role with the Wayne County Economic Development Corporation. Last Thursday's article, "EDC leader takes hits from all sides," already seemed unnecessarily harsh in that it publicly framed the EDC's current budget concerns around Don Holbrook's working relationship with the EDC board; the implication was almost that he'd been stealing cash from their bank account. And then today's articles, "Heat's on Holbrook,""'Character assassination' played part in the past,""Raising concerns may cost board member leadership post," and "What EDC members say" make it sound like the EDC is falling apart at the seams with political earthquakes and personal smears. What the heck is going on here?
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