February 2, 2018

 

Thank you for subscribing to receive the Morgan County EDC's monthly newsletter. If you have received this email in error or no longer wish to receive our newsletter in the future, you may unsubscribe at the bottom of the page. 

j

MCEDC Annual Meeting March 8th;
Guest Speaker to Focus on Local Gov't. Finance

Reminders have been sent by Eventbrite and calendars have been highlighted - if you haven't done so, take a moment to make your reservation to participate in MCEDC's annual meeting that will be held on Thursday, March 8, 2018 at 11:30 a.m. at SCI REMC's corporate offices in Martinsville. There is still time to reply via your Eventbrite invitation that was emailed or you can contact us at mcedc@morgancoed.com or by telephone, 317.831.9544 to confirm your attendance.
 
This year's business meeting will include guest speaker Mr. Jim Higgins, a partner with LWG, an advisory firm that focuses on accounting, audit, tax and regulatory applications to serve a variety of clients. A graduate of Ball State University, Higgins is a CPA and provides financial perspective to local governments throughout the state as well as to economic developers that participate in Ball State's basic economic development course and to accounting students that he instructs at the university. With his previous experience at the Indiana Bond Bank and Indiana State Board of Accounts, Higgins' perspective will be invaluable to Morgan County as our local government and business leaders consider the use of tax revenues to enable private sector growth that results in increased revenue for local government.
 
We look forward to seeing you on March 8th!

Click here 
to register for MCEDC's Annual Meeting

What could Amazon HQ2 bring to Indianapolis? We asked Experts to do the math

By: Hayleigh Colombo, 
       IBJ Staff Reporter

Amazon's plan to build a second U.S. headquarters, investing $5 billion and hiring 50,000 workers who average $100,000 a pop, is almost too immense to fathom.

After all, at that size, the project-called HQ2-could actually change Indiana's per-capita income. It could generate 30,000 spin-off jobs and produce hundreds of millions of dollars in state and local tax revenue.

Those are some of the projections made by economists and other experts IBJ interviewed after Indianapolis learned it had made a list of 20 cities Amazon is still considering.

Here are some back-of-the-envelope calculations these economists made about how the project could change central Indiana. They all come with lots of caveats. They are projections based on projections. And not everyone agrees.

But they provide a starting point on which to consider the scale of the proposal.

"It's so big that it's hard to put it in perspective," said Kyle Anderson, clinical assistant professor of business economics at the Indiana University  Kelley School of Business. "We look around at different projections, different companies and see their impact, but this is almost unprecedented-what the impact would be on any city, especially one the size of Indianapolis."

In fact, a decision to move to Indy would "fundamentally change the country's perception of what central Indiana is," said  Indiana University Public Policy Institute's Drew Klacik.
...

Click here
 for the full article from the Indiana Economic Digest
Workforce Development

Morgan County Labor Market Update- December 2017

Labor Force
Employed
Unemployed
36,065
34,951
1,114
Rate
Previous Month
Previous Year
3.1 3.3
3.7
 
*Not seasonally adjusted
December 2017 Unemployment Rate IN: 3.1%, US: 3.9%
Source: Indiana Department of Workforce Development

Labor Force does not include retired persons, students, those taking care of children or other family members, and others who are neither working nor seeking work.   

More News Around Morgan County

Upcoming Community Events

Check Visit Morgan County's handy calendar to find all sorts of events coming up throughout the county. Take a look at what's going on  this month , or search by date, event category, keyword or location.

Feb. 3rd 8AM-5PM
@ Morgan-Monroe State Forest
Martinsville
*Free Event*
Feb. 9th 5PM-10PM
@ Zydeco's Cajun in Mooresville
Feb. 14th 4PM-8PM
Martinsville
Feb. 21st 6PM-8:30PM
@ Cedar Creek Brew Co 
Martinsville
Feb. 24th 2PM-4PM
@ Art Sanctuary of Indiana
Martinsville
$15/child 
March 2nd-18th, Various times
@ Merry MAC Players 
Martinsville

Upcoming Business Events



Investor Spotlight

Morgan County is a county located in the U.S. state of Indiana. As of 2010, the population was 68,894. The county seat is Martinsville. Morgan is one of seven counties contiguous to Marion County, and is located Southwest of Marion County and Indianapolis The county is divided into 14 townships. There are two larger urban areas, Martinsville, the county seat in the central part of the county and Mooresville in the north. 

Morgan County was formed in 1822. It was named for Gen. Daniel Morgan, the "Old Waggoner," who defeated the British at the Battle of Cowpens in the Revolutionary War. This was one of the turning points in the Revolutionary War in the Southern states and led to an eventual victory with the surrender of the British Army at the Siege of Yorktown in Virginia. Click here for brief history of the county.


Click here to learn more about Morgan County, Indiana

Mike Dellinger
3 17.760.4150

LeeDa Allen
317.777.8290

The MCEDC works to attract new companies to the county and assists existing companies by providing educational opportunities and resources that foster growth.