Building Your Vision for Conway

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Conway 2010 Annual Report

Text of Building Your Vision for Conway

  • BU I LD I NG YOUR V I S I ON FOR

  • Local retail sales, commercial construction and job creation all

    bucked national trends, setting records in 2010. The impact of new

    facilities and wages has laid the foundation for future growth.

    BU I LD ING

  • Conway continues to flourish due in large part to the strong partnerships and

    common goals of the Chamber of Commerce, A&P Commission, Conway Development

    Corporation and Downtown Partnership. Its their dedication that is making

    Conway a better place to live.

    BU I LD ING eadership

    The following individuals, businesses and organizations were

    honored during the 2010 Annual Meeting:

    Good Neighbor AwardMary Acklin

    Get Smart. Go Green AwardA & J Collision Repair

    Young Business Leader Danny Patel

    Minority Business of the Year Sandstone Real Estate Group

    Business Executive of the Year Mike Coats and Mike Kraft

    Chamber Achievement Award Faulkner County Legislative Delegation

    Distinguished Service AwardJohnny Adams

    BUSINESSES OF THE YEAR

    24 or Less EmployeesNational Bank of Arkansas

    25 99 EmployeesWomens Inc.

    100 500 EmployeesAMC

    501+ EmployeesAcxiom

    2010 Annual MeetingWith a record attendance of over 900 business and community leaders, the 2010 Annual Meeting was held at the University of Central Arkansas HPER Center. Attendees enjoyed a conversation with special guest Johnelle Hunt (below), co-founder of J.B. Hunt Transport.

  • Number of Jobs in Faulkner County: 40,239

    Board Reception and Open House

    CEO LuncheonsMore than 375 Chamber members attended CEO Luncheons in 2010. The three luncheons featured the lead executive from Fayetteville Express Pipeline, Southwest Power Pool and Arkansas Childrens Hospital.

    Membership PaysThe Schapiro Group Study, commissioned by the American Chamber of Commerce Executives with support from Small Business Network, Inc., was designed to determine the real value to companies in terms of consumer outcomes of joining and being active in their local chamber of commerce.

    Data for the study came from a scientific web-based survey of 2,000 adults nationwide. The chosen survey style yields powerful results because it bypasses the subjectivity of most opinion polls. A sampling of some of these results proves this to be the case:

    59% of consumers think that being active in the local chamber of commerce is an effective business strategy overall. 40% When consumers know that a restaurant franchise is a member of the chamber of commerce, they are 40 percent more likely to eat at the franchise in the next few months.43% When consumers know that an insurance company is a member of the chamber of commerce, they are 43 percent more likely to consider buying insurance from it.63% When consumers know that a small business is a member of the chamber of commerce, they are 63 percent more likely to purchase goods or services from it in the future.

    Hotel Sales

    in Conway:

    $17.5 Million

  • Conway continued to see strong economic growth. Buoyed by the

    natural gas industry for several years, 2010 marked positive growth

    in other sectors as well. Total job numbers in Faulkner County

    topped 40,000 for the first time in history.

    BU I LD ING rowthArkansas Blue Cross Blue Shield

    Construction began on the $12 million, 17,000-square-foot USAble Corporation Service Center. The facility will house 20 employees with a payroll of nearly $1 million and becomes the fourth tenant in The Meadows.

    Southwestern Energy Houston-based Southwestern Energy Company drew closer to finishing construction on their new $30 million, 120,000-square-foot regional headquarters. The facility will have 500 highly paid white- collar professionals and solidifies the importance of the natural gas industry to the city and state.

  • RockTennRockTenn announced that it would invest $4 million in its Conway facility. The expansion increased the plants capacity by more than 20 percent, strengthening the Conway facilitys position within the company.

    In March, Hewlett-Packard held a grand opening celebration of its new $36 million office facility. Company officials were joined by Governor Mike Beebe as community leaders toured the campus. By the end of 2010, Hewlett-Packard had hired more than 1,200 new employees.

    Hewlett-Packard Grand Opening

    Total market value of natural gas produced in Faulkner County: $186 Million

  • The Village at Hendrix2010 marked the opening of the first residential and retail components of The Village at Hendrix. The neo-traditional community, adjacent to the colleges campus, is unique in Arkansas and the region.

    Conway Regional Health System ExpansionIn June, the Conway Regional Health System Board of Directors voted to move forward with the largest expansion in the history of the institution. The $32 million, 85,000-square-foot addition will house a new surgery department and facilitate the expansion of the womens center.

    Faulkner County Bank Deposits:

    $1.58 Billion

  • Conway Towne Centre The Conway Towne Centre received a long-awaited $8 million redevelopment. The cornerstone of the project was Cinemarks new 12-screen movie theater. The project brings new life to Highway 65, the citys northern gateway.

    Kimberly-Clark ExpansionKimberly-Clark marked the 40th anniversary of its Conway facility with the announcement of one of the largest expansions in its history. Company officials will invest $65 million, add nearly 60,000 square feet of space and hire 100 new employees.

    Conway Retail Sales: $1.249 Billion

  • Conway is too good to keep all to ourselves. Visitors of all kinds helped fill

    restaurants, hotel rooms and athletic fields in 2010.

    BU I LD ING nthusiasm

    New name. Same mission.In December 2010, the Conway Advertising and Promotion Commission began marketing itself as the Conway Convention and Visitors Bureau. The CVB name is an industry standard in attracting tournaments, conferences and events.

    2010 Numbers of Note4,102 Hospitality guides given out

    1,326 Maps distributed

    22 States represented by tourists visiting the Chamber

  • Crappie Masters TournamentThe Conway A&P Commission sponsored the first-ever Bass Pro Shops Crappie Masters Tournament in Arkansas. The tournament was held March 26-27 on Lake Conway. More than 160 anglers from 14 states participated in the two-day event. Don Blakely and Marvin Deckard won the top prize, weighing in with a two-day total of 23.09 lbs.

    The tournament was a first for this area and a huge success. Numerous participants spent many days in Conway fishing in preparation for the tournament. More than 500 spectators attended the weigh-in for the championship.

    Kids Fishing RodeoA Kids Fishing Rodeo was held in conjunction with the Crappie Masters Ultimate Challenge. The Fishing Rodeo had more than 200 participants ages 15 and under.

    Crappie Masters 2010 Angler Team of the Year Don and Toni Collins with Chairman Lori Ross (below)

    Conway Restaurant Sales: $140 Million

  • Its not about how much you spend. Its about where you spend it.The Conway Convention and Visitors Bureau and the Chamber of Commerce kicked off the Choose Conway campaign in November. The first Choose Conway television spot touted local shopping and dining options using a Christmas theme. Utilizing local residents, future spots will focus on a variety of the reasons one should Choose Conway.

    Conway Corporation customers received a bill insert during the holiday shopping season. The insert encouraged Conway residents to keep their spending local.

    The expectation of the campaign is not to retain 100 percent of the local shopping and dining dollar, but to make Conway businesses the natural and first choice for shopping and dining. For nonresidents, the campaign will highlight many reasons to Choose Conway for everything from a night away to an afternoon on the bike trails.

    HoopPlay USA Basketball Tournament In December, Conway was selected as the host city for the HoopPlayUSA.com national tournament. An estimated 200 teams from around the country will come to Conway in 2011 and play a guaranteed five games at multiple locations throughout the city. The Nationals Tournament is HoopPlayUSA.coms largest event.

    Conway Expo Center & Fairgrounds

    Opened in September, the new 40-acre Expo Center and Fairgrounds have already hosted several successful events. The Faulkner County Fair, Business Expo, Taste of Conway and Dazzle Daze helped introduce this much-needed asset to thousands of welcome visitors. The 45,000-square-foot Expo Center will also have an attached event center, which will be 14,000 square feet. The pavilion is an additional 54,000 square feet. The Expo Center will allow larger events to be held locally and bring a variety of events to Conway, which will result in an economic impact through increases in restaurant, hotel and retail sales.

  • Chairman Lori Ross

    and representatives of

    the 2010 Chairman

    Circle Companies

    In 2010, the Conway Area Chamber of Commerces Chairmans Circle

    recognized a record 19 members who invested at least $7,500 per year.

    These investments underwrite the Chambers economic development,

    education and government affairs programs. For more information on

    the Chairmans Circle, contact Brad Lacy at Brad@ConwayArkansas.org.

    BU I LD ING nvestors DIAMONDCity of Conway Hewlett-Packard

    PLATINUM

    Acxiom Corporation Chesapeake Energy

    GOLD

    Conway CorporationConway Regional Health System