Danville/Boyle CountyEconomic Development Partnership

Danville Rotary Club

EDP Update

EDP Board of Directors Chairman: John Albright (Caldwell Stone)Vice Chairman: Richard Trollinger (Centre College)Secretary/Treasurer: Lisa Bottom (Farmers National Bank)Greg Caudill (Industrial Foundation)Ben Nelson (Chamber of Commerce)Jerry Boyd (Convention & Visitors Bureau)Bill Pollom (Heart of Danville)Robbie Mayes (Main Street Perryville)Sherry Davis, Director at Large (Hobart Corporation)Terry Gilbert, Director at Large (Gilbert Farms)Judge/Executive Harold McKinney, Boyle CountyMayor Bernie Hunstad, City of DanvilleMayor Jim Douglas, City of Junction CityMayor Anne Sleet, City of PerryvilleJody Lassiter, President/CEO

Danville/Boyle County Economic Development

Partnership

BusinessDevelopment

Boyle County Industrial

Foundation

Board of Directors President/CEO

Business

Services

Danville/Boyle County Chamber of

Commerce

Board of Directors Executive Director

DowntownDevelopment

Heart of Danville

Board of Directors Executive Director

Main Street Perryville

Board of Directors Executive Director

Tourism Development

Danville/Boyle County Convention & Visitors Bureau

Board of Directors Executive Director

Board of Directors President/CEO

Economic Development Partnership

Structural Overlay with Partner Organizations

Private, nonprofit corporations—receive no public funding.

Private, nonprofit corporations or public agencies—receive public funding by appropriation or tax.

Return on Investment: 2011Industrial Development:

New: Meggitt Aircraft Braking Systems: 63 jobs, $7 mil

Expansions: Dana Holding Group: 172 jobs, $700,000 American Greetings: 35 jobs, $4.6 mil Denyo Manufacturing: 19,000-SF addition, $6.9 mil,

relocation of North American corporate HQ Ferm Solutions: 5 jobs, $1 mil, addition of training center

and expanded laboratoryTotal: 280 new jobs, $20.2 mil investedSITE Selection magazine ranked Danville Micro #13 in

US, #1 in KY for new/expanding business projects in 2011 (#12 in ‘09, #14 in ‘10, #1 in KY for 3rd year in a row)

Return on Investment: 2011Commercial Development:

Karamel KreationsA&L AccessoriesSummer HokkaidoBeer EngineClub CarbonLiquor BarnDollar General (downtown)

Tourism Development: Total travel expenditures increased 9.2%Hotel tax receipts increased 9.1%Facilitated Danville’s #4 ranking among the “25 Best Places

to Retire” in US by Money magazineSupport for first Kentucky State BBQ Festival, attracting

25,000 to downtown Danville

Underway in 2012 . . .Industrial:

New: Venture Industries (Junction City) – 12 new jobs, $2oo,000

Expansion: Green Boiler Technologies – 27 jobs, $365,000 Pipeline: 8 new industrial projects

Commercial:Cheddar’s: Projected timeline—closing in Dec ‘12 or Jan ‘13,

construction in Mar ‘13, open by mid to late summer ’13Burkes Outlet (clothing retailer, Danville Manor)Orange Leaf (downtown frozen yogurt shop)The Clotheshorse (downtown clothier)Karamel Kreations (relocation; adding production)Elmwood Inn Fine Teas (relocation)Rincon Latino (3rd Street grocery)Fresh Ledger (downtown office location)Long Run Apartments ($1 mil rehab)

Underway in 2012 . . .Tourism:

Rand McNally/USA Today “Best of the Road” finalist for Most Beautiful Small Town in America

“Small Town Flavor” production of web-based travel feature on Danville/Perryville, to be released Fall 2012

Facilitated local production of History Channel’s “American Pickers”, filmed at Pioneer Playhouse

Assisting the 2nd Kentucky State BBQ Festival at Constitution Square

Preparation for the 150th Battle of Perryville Commemoration & VP Debate hosted by Centre College

It takes a Community . . .

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