June 2017 Headlines
Executive Director's Notes

Welcome LeeDa Allen 

LeeDa Allen of Mooresville joined the MCEDC team in early June as our new Director of Business Operations. With her studies in criminal justice at Indiana Wesleyan University and her previous experience in administration with the Indiana Parole Board, LeeDa is looking forward to developing her understanding of Morgan County's economic and social issues to support MCEDC's efforts to grow primary jobs, new capital investment and knowledge-based opportunities in the county. 

LeeDa's capabilities in organizational management and her personable approach to assisting others will provide a continued basis of support for MCEDC and its executive team as we work to influence change in Morgan County. You can reach LeeDa via email, LeeDa@MorganCoEd.com or by office telephone, 317.831.9544. Welcome to the team, LeeDa! 

Workforce Development
Morgan County Labor Market Update - April 2017

Labor Force
Employed Unemployed
36,239 35,279 960
Rate Previous Month Previous Year
2.6% 3.9% 4.3%
*Not seasonally adjusted
April 2017 Unemployment Rate IN: 3.6%, US: 4.4%
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.

MCEDC Attends Japan-America Society of Indiana's Annual Gala

Thursday, June 22nd was an important evening in downtown Indianapolis as the Japan-America Society of Indiana (JASI) hosted 600 people for its annual meeting and dinner gala at the Indiana Roof Ballroom. Martinsville Mayor, Shannon Kohl, and Mooresville Town Council President, Mark Mathis, attended the event along with MCEDC Executive Director, Mike Dellinger. They were hosted by Harold Gutzwiller of event sponsor Hoosier Energy; Gutzwiller also serves as the president of the Mooresville Redevelopment Commission and has considerable relationships with Japanese industry in Indiana. 

In addition, several members of the TOA USA leadership team were present at the gala, and that contingent was led by MCEDC Board member Bob Whyte who serves as Vice President of Operations at the Mooresville facilities. The annual event provides an opportunity for business and government leaders to summarize the strengths and opportunities that have evolved during decades of Japanese investment in Indiana, and to enjoy the cultural exchange that is an important part of this relationship. 

As part of the annual gala, MCEDC was recognized for its commitment of $5,000 to fund the relocation and expansion of JASI's corporate offices in downtown Indianapolis. Nine local economic development organizations have made the commitment and will receive recognition at JASI's new locale, providing an important resource that assists Japanese businesses and families with their interests in Indiana while assisting Indiana companies with opportunities in Japan. 
More News Around Morgan County

MCEDC Partners with USDA to Assist Local CNC Start-Up

MCEDC recently approved a $25,000 loan from its USDA Revolving Loan Fund to assist Multix Precision Manufacturing Company with its investment in CNC machining equipment. Multix Precision Manufacturing is a new company that was founded by Reann and Vann Sanders of Martinsville, and the company recently located its operations into a facility in Monrovia. 

According to Mike Dellinger, MCEDC Executive Director, "The Revolving Loan Fund is an important resource that we can provide to small businesses. We appreciate the USDA's recognition of Morgan County and the value that the loan fund brings to our communities where entrepreneurs and small businesses often find it difficult to obtain capital for growth projects. The loan program continues to assist several well-reputed Morgan County businesses, and, as they repay their loans it increases our ability to assist others in need."

For more information about the USDA Revolving Loan Fund, contact Dellinger via email, MDellinger@MorganCoEd.com
Martinsville Prioritizing Development Activities 

Martinsville Mayor, Shannon Kohl, has been busy leading the charge to prioritize current, near-term and long-term plans for the city as volunteers and interested parties engage in updates to the city's comprehensive plan and land-use strategies. MCEDC is involved, offering perspective to the city administration and to landowners and businesses that see change on the Martinsville horizon. 

With the I-69 project underway, city and MCEDC leaders have met with more than twenty property owners and businesses that would be affected by the infrastructure project. Mayor Kohl continues to summon the experience of city planners, professional staff, and elected officials to develop opportunities that will minimize the difficulties of the construction project while preparing for growth along the interstate corridor. 

In addition, with major investments underway and more pending in downtown Martinsville, Mayor Kohl and the city administration are working with developers that are acquiring real estate in the central business district. These investors are planning and acting on their intentions to stimulate commerce through new restaurants, specialty retail, and residential redevelopment that will complement other downtown redevelopment projects, and they are committed to reinvesting their resources to help Martinsville become a jewel in the metro Indy crown. It's a great time to be an Artie! 

See Martinsville's Comprehensive Plan here

July 4th
Mooresville, IN

Summer Kids Movie Series

June 7th- July 26th
Mooresville, IN
 Madison Township 4th of July Blazin' Celebration 
July 1st 
Camby, IN
Old Settlers Festival
August 7th
Mooresville, IN
August 20th
Paragon, IN
Morgan County Farmers Market 
Saturdays 9am-1pm
Martinsville, IN

Investor Spotlight

Endeavor, originally known as Clay County Rural Telephone Cooperative, was incorporated on May 25, 1950 to provide telephone service to small towns and rural areas. 

We have grown to currently provide service to approximately 9,000 members. We also offer High Speed Internet, Television, IT Services, Security Solutions, Business Phone Solutions, and Wireless.

These new additions prompted a name change to reflect our wide variety of services and our extended territories. In 2007 we became Clay County Rural Telephone Cooperative doing business as Endeavor Communications.

Since  our beginnings in 1893 , we understand that it's about the customer.  We make our customers feel at home.  We show them we care.  We make them feel special.  Give them advice.  Give them value. Keep our promises.  Help them out when they really need it.  Reach out to them. Know them. Thank them.

We are focused on building deep, lifelong client relationships and providing maximum shareholder value. We provide an environment where customers can bank with their neighbors, realizing that our business begins and ends with people.

Editors note: There will be two investors featured each month, effective this month, to be able to feature all investors in the calendar year.

Upcoming Business Events

Indiana Small Business Development Center (ISBDC) Workshops
MCEDC E-Newsletter Sponsored By:
4 E Harrison St | P.O. Box 606 | Mooresville, IN 46158
(317) 831-9544 mcedc@morgancoed.com