2013 holds a lot of promise for area residents
Here are 13 reasons why we should be excited about 2013:
1. Iowa now is in the top 10 for business climate and Clinton was designated the top Micropolitan City in Iowa by Forbes and Policom Corp. Iowa and Clinton are positioning for a strong future.
2. The leadership of Iowa is very strong thanks to Gov. Terry Branstad and our legislators. When a state is in a strong fiscal position it is very good for future economic development. Our state produces food — we are No. 1 in corn, beans, pork and eggs. In addition we are number one in ethanol and number two in wind power.
3. Eastern Iowa has now created 230 new jobs — a $7 million payroll! This payroll will turn over about five times, giving us a total of $35 million being spent in the Gateway area. Construction costs for these businesses will be about $38 million; $25 million for the Railport; $6 million for Data Dimensions; and $7 million for the Wilson Building in downtown Clinton. This will produce hundreds of construction jobs and many companies will sell products to these businesses.
4. New businesses means jobs. Jobs expand the tax base for the city, county and schools. People will buy homes and spend money in the Gateway area.
5. This summer the Lyondell plant will start a $50-plus million turnaround that will be in full swing by August, hiring over 1,000 construction workers.
6. Our modern transportation system was started in 1995, an $80 million investment that is now coming to completion. This includes Camanche Avenue, Mill Creek Parkway and 19th Avenue North as well as the work on the 20 miles from Fulton, Ill. to Rock Falls, Ill. The federal government and US Chamber of Commerce state that a modern transportation system is the number one or two criteria that businesses look at when they relocate.