The official newsletter of the

Enid Regional Development Alliance www.growenid.com

In This Issue
Enid Summer Achievers Program
KOCH Gets TIF District
Enid Sees Retail Sales Go Up
Oklahoma Workers' Compensation Commissioner Brings Good News
Five Years After Recession, Oklahoma Continues Economic Expansion
State Chamber Launches New Foundation
ESAP Farewell Luncheon
 
We will bid farewell to the 15 Summer Interns the end of this month during the ESAP Farwell Luncheon.  The college students have undoubtedly learned a lot in their respective career fields while interning in Enid and the region. One intern has loved her job and Enid so much she doesn't want to leave. Interns have worked for 10 different companies and non-profit organizations throughout Enid. We wish them well in their future endeavors and perhaps we will see them again because they know Enid is a great place to live, work and play!  
 
ESAP FAREWELL LUNCHEON
JULY 25th AT 12:00 PM
OAKWOOD COUNTRY CLUB
RSVP by calling Debbie @ (580) 233-4232 or email Prescott@GrowEnid.com 

I didn't watch the World Cup.

 

Sorry...just couldn't get into it.  I don't know the rules or the nuances of the game, so it just didn't interest me.  If the US had made the finals, I might have had the TV on in the background while I was doing something else at the house, but otherwise, I would just let the rest of the world cheer on our team.  If a sport doesn't have a basket or a set of uprights, I just can't get very excited about it.

 

With that being said, there is one part of the "idea" of futbol that I like.  It is a really big deal when there is a goal...because it doesn't happen very often.  Everyone gets really excited.  Coaches cry and bench players dance with just one scoring play.  It isn't like that in other sports where scoring is more prevalent.  In soccer, success is easily recognizable and quickly celebrated.

 

In economic development, we tend to do the same thing.  We quickly and loudly celebrate the "big deal" that comes to town and forget to celebrate the little successes that happen every day which truly drive our economy. 

 

In Enid, we can celebrate the $1.2 billion Koch Nitrogen Plant expansion or the $250 million Northstar Canola Plant, but sometimes we forget to celebrate Aircraft Structures International, Triangle Insurance Company, and Wymer Brownlee adding employees like they have been lately.  We forget to celebrate the growth of our local Jumbo Foods and the way they contribute philanthropically to our community every year.  And we forget a company like Over the Fence Farms that is less than a year old and is growing quickly by making food items in Enid's business incubator.  These are the little passes and steals that happen throughout the game that truly contribute to our success as a community.  On behalf of the Enid community, I would like to thank you for your investment in our community.

 

At the Enid Regional Development Alliance, we get celebrated the same way.  We get a lot of attention for our involvement in the big projects in Enid, but in the past year we have specifically assisted 79 new companies locating in Enid and 140 existing companies that are here today and growing.  Most of our time and energy is spent on the smaller deals that are making Enid a growing and thriving community.  You can read about some of these successes in ERDA's newly released Annual Report by clicking here.

 

 

Congratulations to Germany for winning the World Cup Finals 1-0 in overtime.  I'm sure it was an awesome game to watch.

  

Brent Kisling

Executive Director

KOCH GETS TIF DISTRICT
Expansion plans at the Enid Koch Nitrogen facility are proceeding with the creation of a Tax Increment Finance district on Monday.  The Board of Garfield County Commissioners created a TIF district, through which incremental increases in property taxes will be used to assist with funding the proposed expansion, during a meeting Monday.  The commissioners also established the boundaries of the TIF district and set parameters included in a project plan recommended by a review committee. Koch Nitrogen officials have plans to build a new urea plant and "revamp" existing production processes, according to Koch Companies Public Sector Communications Director Paul Baltzer.  Read more...
ENID SEES RETAIL SALES GO UP MAY/JUNE
Retail sales were up in several northwest Oklahoma communities in late May and early June, according to Oklahoma Tax Commission reports released this week. Net taxable sales were up $1,917,774 in Enid, when compared to sales reported in July 2013. The increase amounted to a 2.6 percent increase in sales tax revenue for the city.  "I'm very pleased to see it. I think an uptick like that in the summer months is a very strong sign," Enid City Manager Eric Benson said. "I'm still, and will remain, encouraged by the economy of Enid."  Enid received $2,696,701 this month, for sales occurring in late May and estimated sales for the first half of June. Read more...
OKLAHOMA WORKERS' COMPENSATION COMMISSIONER BRINGS GOOD NEWS
On his second day as chairman of the Oklahoma Workers' Compensation Commission, Troy Wilson read a report predicting workers' compensation rates in the state would drop 14 percent.  "I called the governor and asked, 'How am I doing now?'" Wilson told members of the Enid Regional Development Alliance during their annual meeting and quarterly luncheon Thursday.  Changes in the new workers' compensation commission, aimed at streamlining the process and creating a more worker-focused system, are predicted to save the state about $1.5 million, Wilson said. Read more...
FIVE YEARS AFTER GREAT RECESSION OKLAHOMA CONTINUES ECONOMIC EXPANSION
bills_coins.jpg Five years after the close of the Great Recession, gross receipts to the treasury point to continued expansion of the Oklahoma economy, State Treasurer Ken Miller announced at a State Capitol news conference on Wednesday.  Gross receipts for Fiscal Year 2014 total $11.7 billion, reflecting growth of $469 million, or more than four percent compared to FY-13. June receipts topped $1 billion, up by more than $64 million or 6.6 percent from June 2013, Miller said.  The National Bureau of Economic Research declared an official end to the 18-month Great Recession in June 2009. Miller said the state's economy has recovered quite well since then.  "Gross receipts to the treasury, a good snapshot of our state's productivity, incomes and consumption, are higher than ever before," Miller said. "In fact, collections have been higher than the same month of the prior year in 45 of the past 51 months, which indicates a steady economic expansion."   Read more... 
STATE CHAMBER LAUNCHES NEW WORKFORCE FOCUSED EDUCATION FOUNDATION
The State Chamber of Oklahoma is spearheading the formation of a new education foundation to educate and activate the business community on workforce development.  The Oklahoma Educated Workforce Initiative is a response to the business community's continuing struggle with workforce needs, said a news release from the state chamber. "There is no larger consumer of education services than the business community. Right now in Oklahoma we are not giving our students the educational tools they need to be successful and able to compete for jobs in the global economy," said Fred Morgan, president and chief executive officer of the state chamber.  "It is critical that the business community get engaged on this issue, or they will continue to lack the skilled workers needed to grow their company," he said.  Read more...