Economic Development
Business Retention
The Siouxland Initiative (TSI) is pleased to release the Synchronist Annual Business Retention Report for 2009. TSI with its tri-state economic development partners conducted approximately fifty in-depth interviews with primary-sector companies--companies that ship goods and services out of the community and bring revenue back in. Questions were asked that dealt with workforce issues, utility concerns, expansion plans, sales and market share, technology, industry specific challenges and community services. Responses that were specific to the company remain confidential and are used to assist local economic development organizations in retaining companies in the area and assisting companies in their expansion efforts.
Although the size of the companies surveyed varied, the average number of local employees in the companies participating in the survey was 335. The companies in the survey represented all of Siouxland's major industries including manufacturing, food processing, construction and agricultural-based chemical production.
