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Development Report

2010 Economic Development Stats from your Madison County Future, Inc. Community Improvement Corp. (CIC)

 

  • Jobs Created or Retained (TOTAL) – 576 (2,143 since 2007)

    • County – 45

    • London – 27

    • Mt. Sterling – 2

    • West Jefferson – 50
  • Total New Payroll Created in County = $15,575,040

  • Small Business Counseling Sessions – 54

  • New Small Businesses – 11

    • County – 1

    • London – 5

    • Mt. Sterling – 1

    • West Jefferson - 4

  • Large Employer Expansion and Retention Projects – 1

  • Economic Development Dollars Sought - $13,200,000

  • Economic Development Dollars Won - $300,000

  • Large Employer Job Creation Projects (Leads) – 27 for 5,794 jobs

    • County – 4

    • London – 13

    • Mt. Sterling – 16

    • West Jefferson - 5

  • Site Visits – 10

  • Countywide Investment in Economic Development by Public and Private Partners = $72,275

  • Investment made in Madison County by New Employers/Expansions/Retentions = $60,000,000

  • Return on Investment* (ROI) = 82,916%

 

Madison County Future, Inc. CIC Board and Investors

 

  • Dusty Parker – Private Investor – President

  • Darlene Steele – Mayor of West Jefferson – Vice President

  • Mark Bennett – Private Investor – Treasurer

  • Devin Hamilton – Private Investor (The Madison Press) – Secretary

  • Charlie Neff – Mayor of Mt. Sterling - Board

  • Mike Boerger – Private Investor (Boerger Farms) - Board

  • Rudy Denes – Jefferson Twsp. Trustee - Board

  • Mark Forrest – Madison County Commissioner - Board

  • Bill Beathard – London City Councilman – Board

  • Ben Johnson – Private Investor (Centerpoint Development) - Board

  • Tim Stonecipher – Private Investor (Stonecipher Law) – Board

  • Jennifer Hunter – Private Investor (Jennifer Hunter CPA) -- Board

  • Keith Wells – Private Investor (Intelligrated LLC) – Board

  • Kevin Wood – Private Investor (ME Companies) - Board

  • Deer Creek Township – Public Investor

  • Pike Township – Public Investor

  • Sean Hughes – Executive Director and Economic Development Director

 

Support your elected officials by telling them how important these new jobs and investments are to you! Economic development could be jeopardized by struggling government budgets!

* ROI = [(Payback - Investment)/Investment)]*100

 
SITE DESIGNED BY
3D ENTERPRISES, INC.
ALL CONTENT AND IMAGES ARE COPYRIGHT 2011 MADISON COUNTY CHAMBER OF COMMERCE