springfield business & development...
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2002 ANNUAL REPORTS P R I N G F I E L D B U S I N E S S & D E V E L O P M E N T C O R P O R A T I O N
SPRINGFIELD BUSINESS & DEVELOPMENT CORPORATION - 202 S. JOHN Q. HAMMONS PARKWAY - SPRINGFIELD, MO - 65806 - 417.862.5567 - WWW.BUSINESS4SPRINGFIELD.COM
The Springfield Business Development Corporation is theeconomic development subsidiary of the Springfield Area
Chamber of Commerce and its mission is to provide acontinued revenue source for the Chamber's economic
development program, assisting business and industry, andattracting new business and industry to the Springfield Area.
MISSION STATEMENT
cover photo courtesy of the history museum for springfield-greene county
2002 MEMBER INVESTORS
Associated Electric CooperativeBaird, Kurtz & DobsonBank of AmericaBass Pro ShopBanta FoodsBurlington Northern Warren Bates AssociatesButler, Rosenbury & PartnersCJR Commercial GroupThe Casey AssociatesCity UtilitiesCommerce BankConcrete Company of SpringfieldHarry Cooper SupplyCoxHealthDayco ProductsDewitt & AssociatesDillonsEmpire BankEsterly, Schneider & AssociatesFerrell-Duncan ClinicGallagher-Morris InsurorsGreat Southern BankGreene CountyGuaranty Federal SavingsHawker SpringfieldHome Builders AssociationHuckstep & AssociatesCarol Jones Realtors
JPS & AssociatesKillian ConstructionKirkpatrick, Phillips & MillerRich Kramer ConstructionLathrop & GageLiberty BankLincoln Land TitleMcLoud & CompanyE.A. Martin MachineryMathews & AssociatesMed-PayMeeks Building CentersMetropolitan National BankJim Morris & AssociatesPaul MuellerNabholz ConstructionNattinger MaterialsThe Law Firm Of Neale & NewmanSpringfield News-LeaderOzarks Technical Community CollegePalmerton & ParrishPellham, Phillips & HagermanPepsi Cola General BottlersPrestressed CastingQuest Capital AllianceReckitt BenckiserRegen TechnologiesRoper Electric Company
St. John's Health SystemsSt. John's Physicians & ClinicsSam's Wholesale ClubSapp Design AssociatesSignature BankLarry Snyder & CompanySMC Packaging GroupSpringfield Contractors AssociationSpringfield GrocerSBCSpringfield-Branson Regional AirportCity of SpringfieldSpringfield RemanufacturingSpringfield UndergroundStenger HomesTCSI / TranslandTHE BANKThompson Sales3MUnimark PlasticsUnion Planters BankUnited Missouri BankUS BankWhitlock, Selim & KeehnWendy's of MissouriWalton ConstructionWilhoit PropertiesYates, Mauck, Bohrer
In 2002, the Springfield Business and Development Corporation faced one of the more challenging–andrewarding–years in the organization’s history. The region’s economy was slowed by the effects of a nationalrecession, unfortunate plant closings and job losses. The volume of new and expanding business andindustry was much less as compared to previous years.
And yet, during these difficult times, Springfield and the surrounding region fared much better economicallythan other regions in the state and the country. Our balance of business and industry makes the Springfieldregion one of the most stable markets in America and shields us somewhat from the tremendous downturnfaced by other areas of the country. That is seen most notably in the area’s continued labor force growth.Currently, more people are working in Springfield than at any time in the city’s history.
Of course, the key initiative of the Springfield Business and Development Corporation in 2002 was thePartnership for Prosperity economic development campaign. In what may have been considered one of themost difficult times to raise capital, the SBDC, in conjunction with the Springfield Area Chamber ofCommerce, not only met our goal of $1.5 million, but exceeded it by nearly $300,000. On behalf of the
Board of Directors of the Springfield Business andDevelopment Corporation, I want to thank campaign co-chairs Mary Kay Meek and David Kunze for their leader-ship and congratulate them–and our 30-plus steeringcommittee members–for their tremendous success!
Now is the time to intensify our efforts and even moreeffectively implement the region’s economic develop-ment program. Over the next five years, this program willfacilitate the creation of jobs and capital investment forthe people of our region. The SBDC accepts this chal-lenge and appreciates the confidence bestowed by ourmore than 90 financial supporters.
Thank you for allowing me to serve as president of theSpringfield Business and Development Corporation in2002.
Steve Fox, Quest Capital Alliance2002 President Of The Board
DEMONSTRATED LEADERSHIPe s s e n t i a l t o c o n t i n u e d s u c c e s s
2002 EXECUTIVE COMMITTEETreasurer - Bob Hammerschmidt, Commerce BankVice-President - David Kunze, Signature BankPresident - Steve Fox, Quest Capital Alliance
Patricia Vitello, Senior Vice-President/Operations DirectorBank One
Springfield has been a tremendous location for Bank One to grow our business.The Springfield Business & Development Corporation has partnered with Bank Oneon crucial growth issues, such as assisting us in securing customized trainingfunds through the Missouri New Jobs Training Program. The quality of employees inSpringfield continues to be a key factor in our success. The perpetual developmentof Springfield’s workforce through the efforts of Partnership for Prosperity willensure that the current pool of labor not only exists, but that the skill level neededfor our jobs is there as well.
Mike Williamson, President & CEOEmpire Bank
The SBDC is a major contributor to the economic health of our community. And weknow that when good things happen to the community, good things happen for ourbusiness. A perfect example exists in the Partnership Industrial Centers. The indus-trial parks have allowed local businesses to grow in a quality environment and havealso attracted new development to the community. As a result, the entire businesscommunity has flourished.
Tom McLoud, PresidentMcLoud & Company
I believe one of the top priorities of any community should be stimulatingand maintaining a growing economy, and to this end, I believe the SBDC has
provided exemplary service. On a more personal note, my business, to alarge extent, depends on attracting new companies and new businesses to
the area. Part of that involves the marketing of our community. If my invest-ment in SBDC has done nothing more than leverage my advertising dollars to
promote this community, it has been a great investment for our company.
Springfield and the surrounding area have experienced tremendous growth in jobs, capital investment andpopulation over the past decade. We’ve grown over the past 20 years from a small southwest Missouri cityto a vibrant and attractive mid-size metropolitan area of just over 330,000 people. With the growth, theregion’s needs have changed–as has our competition. Today, our economic development program com-petes for new jobs and investment opportunities with cities much larger than Springfield. And, those citiesboast strong, well-funded and tremendously aggressive economic and industrial development organiza-tions.
In 2002, the boards of directors of the Springfield Business and Development Corporation and theSpringfield Area Chamber of Commerce agreed that now is the time to further intensify our efforts andeven more effectively implement the region’s economic development program. This effort, calledPartnership For Prosperity, set out to raise $1.5 million over the next five years. This will enable theSpringfield area to accomplish our economic development agenda and compete on the same level withcities of equal or greater size. In total, investors pledged more than $1.8 million, surpassing the originalgoal. David Kunze, Signature Bank, and Mary Kay Meek, Meeks Building Centers, co-chaired a steeringcommittee of more than 30 business and professional leaders.
The success of the Partnership For Prosperity program will enable the Springfield region to:
1) Facilitate the creation of at least 7,500 net new jobs in the Springfield metropolitan area over the five-year period and at least 12,500 net new jobs in the 10-county region we serve.
2) Increase the Springfield metro area’s per capita income growth rate to a level rivaling our peercommunities.
3) Directly aid in generating a minimum of $200 million in new capital investment over the next five years.
4) Target the development of health care,higher education, divisional headquarters,back office operations and other keyjob-creating industry sectors.
PARTNERSHIP FOR PROSPERITYa n i n v e s t m e n t i n o u r r e g i o n ’ s f u t u r e
“Every investor is critical to the success ofthis program...and ultimately to the successof our entire region.”
- Jim Anderson, PresidentSpringfield Area Chamber of Commerce
t h e f o u n d a t i o n o f g r o w t h & v i t a l i t yBUSINESS EXPANSION
Executive Coach BuildersA manufacturer of limousines, Executive Coach Builders hasconstructed 100,000 square feet of new manufacturing spacewith 80 jobs at announcement and 100 jobs at buildout. Thecompany plans to be operational in March 2003.
Stamina ProductsThe Springfield-based exercise equipment manufacturer becamethe first tenant of Partnership Industrial Center West, construct-ing an 80,000 square foot facility on 8.5 acres, significantlyexpanding their operations in the community. Stamina created40 jobs at announcement and will produce 60 jobs at buildout.
Partnership For Economic DevelopmentSpringfield’s collaborative effort between the Springfield AreaChamber of Commerce, the Springfield Business andDevelopment Corporation, the City of Springfield and City Utilitiesof Springfield. This public/private partnership works together toassist expanding local firms and to attract new quality businessand industry to the community.
Bank OneBank One, formerly First USA, reinforced its commitment to theSpringfield area in 2002 by again expanding operations here.The Springfield Business and Development Corporation assistedBank One in accessing customized training dollars from theMissouri Department of Economic Development.
David AgeeBlackwell Sanders
Kevin AusburnSMC Packaging
Tom BairdConco
Jim BakerSMSU
Steve BurchBank of America
David CoonrodGreene County
Frank EvansLathrop & Gage
Tom FinnieCity of Springfield
Steve FoxQuest Capital Alliance
Bob HammerschmidtCommerce Bank
Sally HargisOzarks Coca-Cola
Keith HartnerAECI
CO-CHAIRS:Mary Kay Meek, Meeks Building CentersDavid Kunze, Signature Bank
David KunzeSignature Bank
Doug JacksonButler, Rosenbury
Chuck JohnsUS Bank
Carol JonesCarol Jones Realtors
Gordon KinneMed-Pay
Bill KirkmanBKD, LLP
Andrew LearBKD, LLP
Bryan MagersBryan Properties
Fred MathewsMathews & Assoc.
Mary Kay MeekMeeks Building Centers
Norman MyersOTC
Chris NattingerSkyline Investments
STEERING COMMITTEE
Regional DevelopmentBuilding on the momentum and success of the regionaleconomic development program
Business DevelopmentDiversifying our economic base through aggressive busi-ness retention, expansion and attraction practices
Workforce DevelopmentFocusing of the region’s workforce development challengesand developing strategies to deal with issues head-on
FOCUS OF THE FUND
Richard OllisOllis & Company
Todd ParnellThe Bank
Steve PopeO’Reilly Auto Parts
Larry SnyderLarry Snyder & Co.
Robert SpenceEvangel University
Jack StackSRC Holdings
Lowell ThomasNabholz Construction
Joe TurnerGreat Southern Bank
John TwittyCity Utilities
Steve VaughtSpringfield Trust Co.
Glendon WalkerTCSI Inc.
Mike WilliamsonEmpire Bank
Health Care/Higher EducationHarnessing the strengths and resources of our community’suniversities and health care systems
Public RelationsDeveloping a clear and consistent brand for the Springfieldregion
Investor RelationsStrengthening the investor relations component ofSpringfield’s economic development program
In May 2002, the SBDC was honored with two distinguished awards from thestatewide professional organization for economic development, the Missouri EconomicDevelopment Council.
The SBDC website, business4springfield.com, took home top honors in the electronicpromotions category for large communities. The site came online in August 1999,with just the basics. Since then, the information offered has expanded exponentiallyand is receiving high marks not just from MEDC, but also from users of the site. Thisaward came just before the website underwent its fourth overhaul in three years.
The demographics section of the website con-tinues to expand and is constantly updated, butit has also been condensed into printed form,called the “Springfield Demographic andStatistical Profile.” The Profile was redesignedjust in time to receive top honors in the MEDCmarketing awards competition in the communityprofile category for large communities. This“short form” allows a reader to see a data snap-shot of Springfield in a six-page booklet.
The awards recognize the top marketing effortsin various categories for both large and small
communities. Entries are judged by a panel of experienced economic developmentprofessionals from around the state of Missouri.
These award-winning publications were designed and produced in-house, allowing theSBDC control of message and timeliness.
Enabled by the Partnership For Prosperity, the SBDC in 2003 will focus on creating abrand for Springfield as well as on a national media relations campaign, building onthe success of these marketing tools.
MARKETING SPRINGFIELDe n s u r i n g t h e m e s s a g e i s h e a r d
In addition to lower living expenses,Springfield residents also enjoy a growinglist of amenities. The year 2002 broughtthe unveiling of Jordan Valley Park, thecontinued resurgence of center city, manynew retail opportunities and a series of neweducational facilities.
This low cost of living and high quality of lifecombine to make Springfield unique.
Supporting the business climate...
The SBDC works to ensure a business-friendly environment that fosters a growing economy. Such avibrant economy is reflected in solid retail sales, where Springfield increased by more than $100 million
dollars in 2002. In addition, commercial con-struction is also on the rise, more than dou-bling from 2001 to 2002. Healthy construc-tion growth coupled with a strong retail sec-tor can only happen in an atmosphere thatallows businesses to flourish.
LOCAL ECONOMYs t r e n g t h t h r o u g h d i v e r s i t y
Leading the way…
What’s most impressive about Springfield isthe unique combination of economic factorsthat has historically made it an ideal loca-tion for business growth and expansion.Throughout the 1990s, Springfield easilyoutpaced the state of Missouri and thenation in key areas such as annual employ-ment and population growth.
In 2002, Springfield continued to lead the way.
The Springfield metropolitan statistical area experienced a net increase of 2.8 percent in job growth in 2002,as compared to the state of Missouri’s net job loss of 0.3 percent. Interestingly, while more jobs are available
in Springfield than ever before, more people also areworking, as evidenced by a slight decline in the unem-ployment rate in 2002.
A rare combination…
In comparing housing, utilities, transportation andhealth care costs, Springfield ranks more than 11 per-cent below the national average, according to theAmerican Chamber of Commerce ResearchAssociation. In fact, Springfield’s cost of living indexdropped almost two percentage points during 2002.
2002 Metro Job Growth
2.8%
- 0.1%
- 0.3%
united states
missouri
springfield metro
Change In Cost Of Living
92.3%
89.7%
91.7%
2000
2002
2001
Springfield Retail Sales
$3.26 billion
$3.34 billion
$3.25 billion
2000
2002
2001
Commercial Construction In Springfield
$104 million
$230 million
$100 million
2000
2002
2001
In addition to lower living expenses,Springfield residents also enjoy a growinglist of amenities. The year 2002 broughtthe unveiling of Jordan Valley Park, thecontinued resurgence of center city, manynew retail opportunities and a series of neweducational facilities.
This low cost of living and high quality of lifecombine to make Springfield unique.
Supporting the business climate...
The SBDC works to ensure a business-friendly environment that fosters a growing economy. Such avibrant economy is reflected in solid retail sales, where Springfield increased by more than $100 million
dollars in 2002. In addition, commercial con-struction is also on the rise, more than dou-bling from 2001 to 2002. Healthy construc-tion growth coupled with a strong retail sec-tor can only happen in an atmosphere thatallows businesses to flourish.
LOCAL ECONOMYs t r e n g t h t h r o u g h d i v e r s i t y
Leading the way…
What’s most impressive about Springfield isthe unique combination of economic factorsthat has historically made it an ideal loca-tion for business growth and expansion.Throughout the 1990s, Springfield easilyoutpaced the state of Missouri and thenation in key areas such as annual employ-ment and population growth.
In 2002, Springfield continued to lead the way.
The Springfield metropolitan statistical area experienced a net increase of 2.8 percent in job growth in 2002,as compared to the state of Missouri’s net job loss of 0.3 percent. Interestingly, while more jobs are available
in Springfield than ever before, more people also areworking, as evidenced by a slight decline in the unem-ployment rate in 2002.
A rare combination…
In comparing housing, utilities, transportation andhealth care costs, Springfield ranks more than 11 per-cent below the national average, according to theAmerican Chamber of Commerce ResearchAssociation. In fact, Springfield’s cost of living indexdropped almost two percentage points during 2002.
2002 Metro Job Growth
2.8%
- 0.1%
- 0.3%
united states
missouri
springfield metro
Change In Cost Of Living
92.3%
89.7%
91.7%
2000
2002
2001
Springfield Retail Sales
$3.26 billion
$3.34 billion
$3.25 billion
2000
2002
2001
Commercial Construction In Springfield
$104 million
$230 million
$100 million
2000
2002
2001
David AgeeBlackwell Sanders
Kevin AusburnSMC Packaging
Tom BairdConco
Jim BakerSMSU
Steve BurchBank of America
David CoonrodGreene County
Frank EvansLathrop & Gage
Tom FinnieCity of Springfield
Steve FoxQuest Capital Alliance
Bob HammerschmidtCommerce Bank
Sally HargisOzarks Coca-Cola
Keith HartnerAECI
CO-CHAIRS:Mary Kay Meek, Meeks Building CentersDavid Kunze, Signature Bank
David KunzeSignature Bank
Doug JacksonButler, Rosenbury
Chuck JohnsUS Bank
Carol JonesCarol Jones Realtors
Gordon KinneMed-Pay
Bill KirkmanBKD, LLP
Andrew LearBKD, LLP
Bryan MagersBryan Properties
Fred MathewsMathews & Assoc.
Mary Kay MeekMeeks Building Centers
Norman MyersOTC
Chris NattingerSkyline Investments
STEERING COMMITTEE
Regional DevelopmentBuilding on the momentum and success of the regionaleconomic development program
Business DevelopmentDiversifying our economic base through aggressive busi-ness retention, expansion and attraction practices
Workforce DevelopmentFocusing of the region’s workforce development challengesand developing strategies to deal with issues head-on
FOCUS OF THE FUND
Richard OllisOllis & Company
Todd ParnellThe Bank
Steve PopeO’Reilly Auto Parts
Larry SnyderLarry Snyder & Co.
Robert SpenceEvangel University
Jack StackSRC Holdings
Lowell ThomasNabholz Construction
Joe TurnerGreat Southern Bank
John TwittyCity Utilities
Steve VaughtSpringfield Trust Co.
Glendon WalkerTCSI Inc.
Mike WilliamsonEmpire Bank
Health Care/Higher EducationHarnessing the strengths and resources of our community’suniversities and health care systems
Public RelationsDeveloping a clear and consistent brand for the Springfieldregion
Investor RelationsStrengthening the investor relations component ofSpringfield’s economic development program
In May 2002, the SBDC was honored with two distinguished awards from thestatewide professional organization for economic development, the Missouri EconomicDevelopment Council.
The SBDC website, business4springfield.com, took home top honors in the electronicpromotions category for large communities. The site came online in August 1999,with just the basics. Since then, the information offered has expanded exponentiallyand is receiving high marks not just from MEDC, but also from users of the site. Thisaward came just before the website underwent its fourth overhaul in three years.
The demographics section of the website con-tinues to expand and is constantly updated, butit has also been condensed into printed form,called the “Springfield Demographic andStatistical Profile.” The Profile was redesignedjust in time to receive top honors in the MEDCmarketing awards competition in the communityprofile category for large communities. This“short form” allows a reader to see a data snap-shot of Springfield in a six-page booklet.
The awards recognize the top marketing effortsin various categories for both large and small
communities. Entries are judged by a panel of experienced economic developmentprofessionals from around the state of Missouri.
These award-winning publications were designed and produced in-house, allowing theSBDC control of message and timeliness.
Enabled by the Partnership For Prosperity, the SBDC in 2003 will focus on creating abrand for Springfield as well as on a national media relations campaign, building onthe success of these marketing tools.
MARKETING SPRINGFIELDe n s u r i n g t h e m e s s a g e i s h e a r d
Springfield and the surrounding area have experienced tremendous growth in jobs, capital investment andpopulation over the past decade. We’ve grown over the past 20 years from a small southwest Missouri cityto a vibrant and attractive mid-size metropolitan area of just over 330,000 people. With the growth, theregion’s needs have changed–as has our competition. Today, our economic development program com-petes for new jobs and investment opportunities with cities much larger than Springfield. And, those citiesboast strong, well-funded and tremendously aggressive economic and industrial development organiza-tions.
In 2002, the boards of directors of the Springfield Business and Development Corporation and theSpringfield Area Chamber of Commerce agreed that now is the time to further intensify our efforts andeven more effectively implement the region’s economic development program. This effort, calledPartnership For Prosperity, set out to raise $1.5 million over the next five years. This will enable theSpringfield area to accomplish our economic development agenda and compete on the same level withcities of equal or greater size. In total, investors pledged more than $1.8 million, surpassing the originalgoal. David Kunze, Signature Bank, and Mary Kay Meek, Meeks Building Centers, co-chaired a steeringcommittee of more than 30 business and professional leaders.
The success of the Partnership For Prosperity program will enable the Springfield region to:
1) Facilitate the creation of at least 7,500 net new jobs in the Springfield metropolitan area over the five-year period and at least 12,500 net new jobs in the 10-county region we serve.
2) Increase the Springfield metro area’s per capita income growth rate to a level rivaling our peercommunities.
3) Directly aid in generating a minimum of $200 million in new capital investment over the next five years.
4) Target the development of health care,higher education, divisional headquarters,back office operations and other keyjob-creating industry sectors.
PARTNERSHIP FOR PROSPERITYa n i n v e s t m e n t i n o u r r e g i o n ’ s f u t u r e
“Every investor is critical to the success ofthis program...and ultimately to the successof our entire region.”
- Jim Anderson, PresidentSpringfield Area Chamber of Commerce
t h e f o u n d a t i o n o f g r o w t h & v i t a l i t yBUSINESS EXPANSION
Executive Coach BuildersA manufacturer of limousines, Executive Coach Builders hasconstructed 100,000 square feet of new manufacturing spacewith 80 jobs at announcement and 100 jobs at buildout. Thecompany plans to be operational in March 2003.
Stamina ProductsThe Springfield-based exercise equipment manufacturer becamethe first tenant of Partnership Industrial Center West, construct-ing an 80,000 square foot facility on 8.5 acres, significantlyexpanding their operations in the community. Stamina created40 jobs at announcement and will produce 60 jobs at buildout.
Partnership For Economic DevelopmentSpringfield’s collaborative effort between the Springfield AreaChamber of Commerce, the Springfield Business andDevelopment Corporation, the City of Springfield and City Utilitiesof Springfield. This public/private partnership works together toassist expanding local firms and to attract new quality businessand industry to the community.
Bank OneBank One, formerly First USA, reinforced its commitment to theSpringfield area in 2002 by again expanding operations here.The Springfield Business and Development Corporation assistedBank One in accessing customized training dollars from theMissouri Department of Economic Development.
In 2002, the Springfield Business and Development Corporation faced one of the more challenging–andrewarding–years in the organization’s history. The region’s economy was slowed by the effects of a nationalrecession, unfortunate plant closings and job losses. The volume of new and expanding business andindustry was much less as compared to previous years.
And yet, during these difficult times, Springfield and the surrounding region fared much better economicallythan other regions in the state and the country. Our balance of business and industry makes the Springfieldregion one of the most stable markets in America and shields us somewhat from the tremendous downturnfaced by other areas of the country. That is seen most notably in the area’s continued labor force growth.Currently, more people are working in Springfield than at any time in the city’s history.
Of course, the key initiative of the Springfield Business and Development Corporation in 2002 was thePartnership for Prosperity economic development campaign. In what may have been considered one of themost difficult times to raise capital, the SBDC, in conjunction with the Springfield Area Chamber ofCommerce, not only met our goal of $1.5 million, but exceeded it by nearly $300,000. On behalf of the
Board of Directors of the Springfield Business andDevelopment Corporation, I want to thank campaign co-chairs Mary Kay Meek and David Kunze for their leader-ship and congratulate them–and our 30-plus steeringcommittee members–for their tremendous success!
Now is the time to intensify our efforts and even moreeffectively implement the region’s economic develop-ment program. Over the next five years, this program willfacilitate the creation of jobs and capital investment forthe people of our region. The SBDC accepts this chal-lenge and appreciates the confidence bestowed by ourmore than 90 financial supporters.
Thank you for allowing me to serve as president of theSpringfield Business and Development Corporation in2002.
Steve Fox, Quest Capital Alliance2002 President Of The Board
DEMONSTRATED LEADERSHIPe s s e n t i a l t o c o n t i n u e d s u c c e s s
2002 EXECUTIVE COMMITTEETreasurer - Bob Hammerschmidt, Commerce BankVice-President - David Kunze, Signature BankPresident - Steve Fox, Quest Capital Alliance
Patricia Vitello, Senior Vice-President/Operations DirectorBank One
Springfield has been a tremendous location for Bank One to grow our business.The Springfield Business & Development Corporation has partnered with Bank Oneon crucial growth issues, such as assisting us in securing customized trainingfunds through the Missouri New Jobs Training Program. The quality of employees inSpringfield continues to be a key factor in our success. The perpetual developmentof Springfield’s workforce through the efforts of Partnership for Prosperity willensure that the current pool of labor not only exists, but that the skill level neededfor our jobs is there as well.
Mike Williamson, President & CEOEmpire Bank
The SBDC is a major contributor to the economic health of our community. And weknow that when good things happen to the community, good things happen for ourbusiness. A perfect example exists in the Partnership Industrial Centers. The indus-trial parks have allowed local businesses to grow in a quality environment and havealso attracted new development to the community. As a result, the entire businesscommunity has flourished.
Tom McLoud, PresidentMcLoud & Company
I believe one of the top priorities of any community should be stimulatingand maintaining a growing economy, and to this end, I believe the SBDC has
provided exemplary service. On a more personal note, my business, to alarge extent, depends on attracting new companies and new businesses to
the area. Part of that involves the marketing of our community. If my invest-ment in SBDC has done nothing more than leverage my advertising dollars to
promote this community, it has been a great investment for our company.
The Springfield Business Development Corporation is theeconomic development subsidiary of the Springfield Area
Chamber of Commerce and its mission is to provide acontinued revenue source for the Chamber's economic
development program, assisting business and industry, andattracting new business and industry to the Springfield Area.
MISSION STATEMENT
cover photo courtesy of the history museum for springfield-greene county
2002 MEMBER INVESTORS
Associated Electric CooperativeBaird, Kurtz & DobsonBank of AmericaBass Pro ShopBanta FoodsBurlington Northern Warren Bates AssociatesButler, Rosenbury & PartnersCJR Commercial GroupThe Casey AssociatesCity UtilitiesCommerce BankConcrete Company of SpringfieldHarry Cooper SupplyCoxHealthDayco ProductsDewitt & AssociatesDillonsEmpire BankEsterly, Schneider & AssociatesFerrell-Duncan ClinicGallagher-Morris InsurorsGreat Southern BankGreene CountyGuaranty Federal SavingsHawker SpringfieldHome Builders AssociationHuckstep & AssociatesCarol Jones Realtors
JPS & AssociatesKillian ConstructionKirkpatrick, Phillips & MillerRich Kramer ConstructionLathrop & GageLiberty BankLincoln Land TitleMcLoud & CompanyE.A. Martin MachineryMathews & AssociatesMed-PayMeeks Building CentersMetropolitan National BankJim Morris & AssociatesPaul MuellerNabholz ConstructionNattinger MaterialsThe Law Firm Of Neale & NewmanSpringfield News-LeaderOzarks Technical Community CollegePalmerton & ParrishPellham, Phillips & HagermanPepsi Cola General BottlersPrestressed CastingQuest Capital AllianceReckitt BenckiserRegen TechnologiesRoper Electric Company
St. John's Health SystemsSt. John's Physicians & ClinicsSam's Wholesale ClubSapp Design AssociatesSignature BankLarry Snyder & CompanySMC Packaging GroupSpringfield Contractors AssociationSpringfield GrocerSBCSpringfield-Branson Regional AirportCity of SpringfieldSpringfield RemanufacturingSpringfield UndergroundStenger HomesTCSI / TranslandTHE BANKThompson Sales3MUnimark PlasticsUnion Planters BankUnited Missouri BankUS BankWhitlock, Selim & KeehnWendy's of MissouriWalton ConstructionWilhoit PropertiesYates, Mauck, Bohrer
2002 ANNUAL REPORTS P R I N G F I E L D B U S I N E S S & D E V E L O P M E N T C O R P O R A T I O N
SPRINGFIELD BUSINESS & DEVELOPMENT CORPORATION - 202 S. JOHN Q. HAMMONS PARKWAY - SPRINGFIELD, MO - 65806 - 417.862.5567 - WWW.BUSINESS4SPRINGFIELD.COM