Friday, June 12, 2009

Local Leaders Breakfast

Yesterday the Licking County Chamber of Commerce hosted its quarterly Local Leaders Breakfast, which featured Larry Parr with Mid-Ohio Development; Robert O'Neill with Southgate Corporation and Rick Platt with the Heath-Newark-Licking County Port Authority. The topic for the morning was economic and workforce development.

Larry Parr

Larry gave the crowd some information on the history of Mid-Ohio Development. They currently own three Industrial Parks in Ohio. He talked about the challenges that face today's developers - the need for more capital to get back in circulation and the cost/demand of over-regulation by the government. He said: "Does it (gov. regulations) really improve the end product?" Watch a clip here:

Robert O'Neill

Robert reported that there are some positive things happening in the marketplace today:
  • The first quarter of 2009 for leasing activity is up 15% from the same time period in 2008
  • Durable goods were up 2% in April
  • 10 banks were able to pay the TARP monies back

He also talked about the birth of the Newark Ohio Industrial Park:

Rick Platt

Rick gave an upbeat message about the successes at the Port Authority. They are the 4th largest Port Authority in the state, employing around 950 people. He called Licking County an "Economic Development Powerhouse" due to the over 11 million built-out sqft. in all of the combined Industrial Parks and gave us some things to cheer about:

Rick also touched on the successful attraction of talent to our area:

Special thanks to our sponsor - Sands Decker CPS and to our moderator, Tim Fitterer, chair of our Government Affairs Committee. Look for more information in late summer regarding the next Local Leaders event.

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