Council met this morning. Every segment of Valley commerce is there: cities, counties, airport, power, commercial, builders Realtors, finance, chambers of commerce...you get the idea.
We've been hosting a site visit a week for last month. Mood is that once the credit becomes available, more companies will "pull the trigger" on expansion(in Boise).
Project update - as of last week the German company (700 employees) is still trying to decide. They were just involved in big acquisition (took over another company) and had to put US project on hold. We are still one of only two locations in consideration.
A Fortune 50 company is looking at a build-to-suit site here. They would bring 500 jobs.
BVEP legislative priorities are to work with counties to improve tax abatement process.
Also working to reduce corp tax rates. Gonna be tough with this budget.
BVEP has strategy to reverse tech sector employment contraction. We need to expand the work being done at BSU to create renewed interest. BSU is a national force in 3 research areas...smart materials, sensors and geophysics. But we need to expand lab and research
Some of the projects they are researching include: adding dna to ceramics (nanotech); creating ceramic fuel cells that make hydrogen for cars.
BSU is the single largest geophysics research project on earth's shallow surface. Huge interest area for oil companies.
The Chamber is hosting an Economic Outlook Forum on Nov 10 with BSUs Pres.
Thursday, October 15, 2009
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