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Home My WebLink About3B Business Retention and Expansion SurveyMEETING DATE: February 28, 2013 AGENDA M 3.b. PREPARED BY: Casey McCabe, Community Development Specialist AGENDA ITEM: BUSINESS RETENTION AND EXPANSION SURVEYS DISCUSSION: Introduction One of the duties and responsibilities assigned to the EDAC is to make rec- ommendations to the Economic Development Authority regarding economic development issues, strategy development, implementation and other initia- tives to expand and strengthen business in the community. As part of its mission, the EDAC conducts face -to -face business retention and expansion (BR & E) visits with local company officials. Through these visits the EDAC is able to identify challenges and opportunities for businesses in our community. The results of the BR & E surveys should not only collect im- portant information but provide opportunities for EDAC and city staff members to follow -up with expansion and development assistance. History The EDAC has previously identified Prior Lake's Deerfield Industrial Park, Wa- terfront Passage, and Welcome Avenue Industrial Park as the primary target for 2011/2012 business retention and expansion surveys. The EDAC reviewed the results of the 2012 surveys during the October 2012 meeting and members were not satisfied with the number of surveys complet- ed. Throughout the past few meetings, members have discussed the im- portance of completing the remaining surveys. EDAC members have also re- viewed and evaluated the current survey form in an effort to promote more of a conversation with the business rather than simply completing a questionnaire. During the January meeting, EDAC members discussed whether or not to ap- point a subcommittee to complete the remaining surveys or ask all members to participate. It was noted there are 25130 remaining businesses to survey in the target area and if every member completed two or three surveys, all business- es in the target area will be contacted. Current Circumstances On February 22"', representatives from GREATER MSP presented a business retention and expansion survey they produced to the SCALE (Scott County Association for Leadership and Efficiency) Technical Team. GREATER MSP is a public /private non - profit partnership committed to accelerating job growth and capital investment in Minnesota's 13- county MSP metro area. GREATER MSP strives to provide value added resources to all economic development organizations in the Greater MSP region. During the meeting with SCALE, GREATER MSP indicated they developed the reporting form, which they are asking all metro communities to use, to provide a consistency in reporting throughout Scott County and the entire metro area. All information gathered will be submitted to GREATER MSP and results will be compiled for the entire metro area. Members of the SCALE Technical Team reviewed and endorsed the attached reporting form, which will replace the current business retention and expansion survey. Conclusion The EDAC has previously identified a short timeline of two months to complete the remaining surveys in the Deerfield, Waterfront Passage Welcome Avenue industrial parks. EDAC members felt the surveys should be completed prior to the spring 2013 Meet -N -Greet event so the results can be shared and dis- cussed with the business community. ISSUES: EDAC members should review the attached reporting form and discuss the process for gathering information. Members may elect to complete the form with the identified businesses or may wish to request the form be completed by the business prior to the BR & E interview. The EDAC may also choose to add additional questions or discussion topics not included on the current re- porting form. BR & E surveys should be completed by April 15 2013 to allow time to com- pile and report results to the business community during the Meet -N -Greet event. City staff has assigned each member two or three businesses to contact and complete the survey. Some members may not be able or comfortable com- pleting the surveys. The committee should discuss which members are not able to complete the surveys and which members are willing to complete addi- tional surveys. if members are not comfortable completing a one -on -one sur- vey, they may ask an experienced committee member to attend their BR & E visits. FINANCIAL None. IMPACT: ALTERNATIVES: 1. Motion and second adopting the attached BR & E Reporting Form. 2. Provide direction to staff and continue discussion at a future meeting. RECOMMENDED Alternative No. 1. MOTION: ATTACHMENTS: 1. Business Retention & Expansion Reporting Form 2. Completed BR & E Survey Status and Assignment Sheet Reporting Form Company/ Contact Information First Name ❑ M ❑ F Last Name Company Address [ City State I Zip I Phone Ext Over►riew Information Visit Bate: Parent Company Name /City /State (if applicable) ❑ Administration /Support /Waste Management/ Remediation Services I ❑ Management of Companies & Enterprises ❑ Agriculture /Forestry /Fishing or Hunting ❑ Manufacturing ❑ Accommodation/ Food Services ❑ Mining ❑ Arts /Entertainment /Recreation ❑ Professional /Scientific /Technical Services ❑ Construction ❑ Real Estate /Rental and Leasing ❑ Educational Services ❑ Retail Trade ❑ Finance /insurance ❑ Transportation Warehousing ❑ Health Care Services /Social Assistance ❑ Utilities ❑ Information ❑ Wholesale Trade ❑ Other: Has the company's ownership or top management changed in the last year? Or is change imminent? ❑ Yes ❑ No If Yes, could you please explain? I Is this facility owned or leased? ❑ Owned ❑ Leased Has this company introduced new products or services during the last year? If yes, could you briefly describe them? ❑ Yes ❑ No Reporting Form Over the past year, has total company sales ❑ Increased ❑ Decreased ❑ Been relatively stable ❑ Fluctuated widely Local Employment and Workforce What is the total number of FTE employees at this facility? (Estimates are okay.) Have the number of jobs at this facility changed in the last year? if so have they: ❑ Increased ❑ Decreased ❑ Stayed the same In the next year do you expect the number of jobs at this facility to: ❑ Increase ❑ Decrease ❑ Be relatively stable ❑ Unsure What types of jobs do you expect to hire: Do you anticipate needing to train employees within the next 12 months ?: � If yes, what kind of training will be needed? Market Information Where is this company's primary market: (Select the one that best describes your primary market) ❑ International ❑ Local ❑ Midwest (Including MN) ❑ Minnesota ❑ United States Does this company export? n Yes ❑ No If so, where? (check all that apply) ❑ Africa & Middle East ❑ India, Pakistan, Central/South Asia []Canada ❑ Japan, Korea, Southeast Asia, Australia & Pacific Oceania ❑ Europe & Russia ❑ Latin America & Caribbean ❑ Greater China (China, Hong Kong, Macao, Taiwan) ❑ Mexico Investment Plan Does this company plan to (Check all that apply): ❑ Invest in new facilities ❑ Make major equipment purchases ❑ Renovate /Expand current facilities Please explain: Reporting Form Post Visit Discussion Does this company require follow up? ❑ Yes ❑ No If yes: what organization(s) should assist? (please check the appropriate box(s) ) ❑ City ❑ Chamber ❑ College ❑ State ❑ Workforce ❑0ther: _ NOTES: Reporting Form Rank the local business. climate. Community. Rankings Given what this business does, please rank these features of the community: Education and Training K -12 Rate 1 -5: 1= Least favorable for business 3= Neutral 5= Most favorable for business 1 2 3 4 5 N/A Higher education 1 2 3 4 5 NIA Customized Training Programs 1 2 3 4 5 NIA Overall Workforce Quality 1 2 3 4 5 NIA Transportation /Location Public Transportation 1 2 3 4 5 NIA Highway Infrastructure 1 2 3 4 5 NIA Air Service 1 2 3 4 5 NIA Proximity to Suppliers 1 2 3 4 5 NIA Quality of Life Recreational Opportunities 1 2 3 4 5 NIA Cultural Opportunities 1 2 3 4 5 NIA Crime Rate 1 2 3 4 5 NIA Social Organizations and Networks 1 2 3 4 5 N/A Housing Supply for Workforce 1 2 3 4 5 NIA Local Access to Capital Lending by local financial institutions 1 2 3 4 5 N/A Assistance from local governments and/or non - profits 1 2 3 4 5 NIA Local Government Attitude towards business 1 2 3 4 5 NIA Permitting /Zoning 1 2 3 4 5- N/A Local Taxes 1 2 3 4 5 NIA Localfees 1 2 3 4 5 NIA Utilities Telecommunications /Broadband Service 1 2 3 4 5 N/A Telecommunications /Broadband Rates 1 2 3 4 5 NIA Electric Rates 1 2 3 4 5 NIA Electric Reliability 1 2 3 4 5 NIA Economic Development Advisory Committee Business Troy Retention Completed Expansion Survey Status (as of z-zb--L il IN I — N ✓ MEN 2mllp N 50 dff WkV .:Wreck - A - Mended Auto Body :.:: Adelmann St. SE 9=0 'Deerfield Ind. Park:.. .:952-440 1135::: Bernie Zack's Inc. 17182 Adelmann St. SE Deerfield Ind. Park 952-226-44 . 55 Troy n/a Mandinec Group Landscaping /Zack's Inc. 17182 Adelmann St. SE Deer Ind Park , .. er 952 -2261813 . Bernie OnSIte Engineering 5714 Graystone Ct. SE Deerfield Ind. Park 952-440-4321 Bill :Completed Cutting Edge Molding Co.:: 5722:Grays�tone Ct.:SE:: Deerfield 95.2 9.0 8899 -8 - Sand . 1 Paws and Pals Pet Resort 5821 Industrial Ave. SE Deerfield Ind. Park 952-447-3644 Bernie . .. Completed. ... Anderson Bus Co.. tudent Transport 5823 Granite ...Ct. Deerfield Ind. P ark . 952-44 7 -4199 952 40 -2381 : b eno Co m leted . P T P o Triple lay Sports a .::SE 5832 Inclustri I Ln fl ld Ind. Park:: Deer ie .::952-440-3330 Wade Insulfoarn Technical 17001 Fish Pt. Rd. SE Waterfront Passage 952-447-5213 Greg Cal-Tex Electric, Inc. 17001 Fish Pt. Rd. SE Waterfront Passage 952-447-1125 Mark Diversified Snack Distribution 17001 Fish Pt. Rd. SE Waterfront Passage 952-440-3350 Bill Comp lete d ..,(Mv dA Re alty a' n Horn Key I Key n Y, IF kf Passage 0 : I Bill Lake States Electric 17021 Fish Pt. Rd. SE Waterfront Passage 952-440-5656 Mike Key Accounting & Consulting 17021 Fish Pt. Rd, SE Waterfront Passage 952-440-6444 Kris C & K Software Tech, Inc. 17021 Fish Pt. Rd. SE Waterfront Passage 952-4 . 40-2182 Bill :Completed:].: Minnesota Valley Millwork . (MVM). 17021 Fish Pt, Rd. SE .: Waterfront Passage ... ...... . :.952.4 40-9404 Bill Completed (MVM) Zenith. Exteriors, Inc .: : 652 -226-1131::.: James EM Products Inc. Phillips & Temro 5380 Cottonwood Ln. SE Waterfront Passage 952-440-9200 Bill Completed Metro - Cabinets Co., Inc. 5418..Cottonwood. Ln. SE Waterfront Passage..:: :952 -447-7722 :.. Wade American Glass & Mirror 5418 Cottonwood Ln, SE Waterfront Passage 952-937-5410 Mike Darrel Trosch Sales 5448 Cottonwood Ln. SE Waterfront Passage 952-226-1195 Thane Landscape Light Werks 5448 Cottonwood Ln. SE Waterfront Passage 952-451-9440 Greg Top Gun Technology 5500 Cottonwood Ln. SE Waterfront Passage 952-226-9700 Thane Ambiance at Home 5500 Cottonwood Ln. SE Waterfront Passage 952-440-6757 Bill Ametek Technical & Industrial Products 5500 Cottonwood Ln. SE Waterfront Passage 952-226-8350 Bill : Completed NOREX, 5505 Cottonwood Ln. SE Waterfront Passage.::. 952 -447-8898 Bill Boevaag Plumbing, Inc. 16740 Welcome Ave. SE Welcome Ind. Park 952-440-3792 Sand! Designer Pools by Vossen, Inc. 16740 Welcome Ave. SE Welcome Ind. Park 952-447-6084 Greg Saunders Classics 16860 Welcome Ave. SE Welcome Ind. Park 952-226-1957 Thane Benson Welding 16860 Welcome Ave. SE Welcome Ind. Park 952-447-2345 Lloyd Promachine Inc., 16860 Welcome Ave. SE Welcome Ind. Park 952-226-1225 Bernie Above All Distribution 16861 Welcome Ave. SE Welcome Ind. Park 952-440-9663 Above All Hardwood Floors Mark Performance Construction 16861 Welcome Ave. SE Welcome Ind, Park 952-440-1663 James Pro Service Auto Repair 16861 Welcome Ave. SE Welcome Ind. Park 952-447-7773 Sandi Schoenberg Drywall, Inc. 16940 Welcome Ave. SE Welcome Ind. Park 952-447-1078 Kris River Valley Gold & Silver 16940 Welcome Ave. SE Welcome Ind. Park 952-226-1058 Lloyd General Replacement Specialties - GRS, Inc. 16960 Welcome Ave. SE Welcome Ind. Park 952-440-9206 Lloyd Compass Industries, LLC 16960 Welcome Ave. SE Welcome Ind. Park 952-226-1110 Bernie [Completed: Metro Air; Inc. 108O.We lcome Ave. SE. Welcome Ind-Park 952 -447-8124 Troy Completed Prior Lake Mini Storage, Inc, 6000 Credit River Rd, SE ::.Velcome. Ind. Park 952447-1702