Hot Headline
OKC-MSA ranks high nationally as one of the best places to grow a company
The Oklahoma City metro area was recently ranked 38th in the 50 Best Large Metro Areas to Start and Grow a Company above metros such as New Orleans, LA; Sacramento, CA; Philadelphia, PA-NJ; New York, NY; and Hartford, CT. This national ranking was compiled by Inc. Magazine, December 2000.*Courtesy of Inc. Magazine, December 1, 2000.
Click here for full story.
The Business Patch
EEDA plays role in Corning Fiber Plant
There was some really great economic news announced on Dec. 18 by the Oklahoma City Chamber of Commerce. During a press conference, they announced that Corning would construct a new fiber plant in the Oklahoma City area. The plant site is approximately 200 acres at Reno and Sara Road on the west side of Oklahoma City. In fact, the site is actually located in Canadian County. So why is this such an important piece of economic news for Edmond?
Click here to find out.
*Courtesy of Edmond Life & Leisure, December 21, 2000.
Millionaire Manufacturing--An Edmond Industry
Have we got a surprise for you! Actually, it's a secret we've kept for a while until just the right moment ... and now is the time to open up that can of millionaires in Oklahoma. The Millionaire Manufacturer is Edmond, Okla., a city of 70,000 with just the right climate for producing millionaires by the dozen.*Courtesy of Edmond Life & Leisure, December 28, 2000.
Click here for full story.
EEDA to forecast economy and real estate markets at the 2001 Economic Preview
The 2001 Economic Preview presents forecasts from the experts, which are critical to your business decision-making for the new year. Listen to economic forecasts in areas of technology, real estate and retail development in Edmond.
The 2001 Economic Preview
January 19, 2001
8:30 - 11:30 a.m.
Constitution Hall
University of Central Oklahoma
(2nd floor of the University Center
Cost: $20 (includes the official 2001 Economic Preview Book containing all
presentations, data and reports collected from each of the speakers)
Reserve your space by calling Donna at (405) 340-0116 or click here to register.
November Business Barometer
Click here to view monthly commercial and residential permits, tax collection figures and home sales statistics in Edmond.
*Courtesy of Edmond Life & Leisure, published by the Edmond Economic Development Authority.
Click here for an in-depth analysis of the November Business Barometer.
IT BytesPinnacle Business Systems to expand
Pinnacle Business Systems, one of Edmond's first technology companies, is aggressively expanding its operations and is now using its current expertise and additional manpower to enhance its current application development service to provide e-business solutions, according to company Chief Executive Officer Martin McNeese.*Courtesy of Edmond Life & Leisure & The Journal Record, December 28, 2000.
Click here for Edmond Life & Leisure story.
Click here for The Journal Record story.
Netplex--pruning for renewed growth.
When a company announces a reorganization, that usually doesn't bode well. So when Netplex announced the implementation of "a cost-cutting plan" that included the elimination of certain positions and the sale of some divisions, many wondered what the impact would be in the Oklahoma City area. Not much, according to Larry Davenport, senior vice president and general manager of e-Business Solutions at Netplex.*Courtesy of The Journal Record, December 26, 2000.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal.
Click here for full story.
On CampusUCO to open new cyber café and coffee bar
The University of Central Oklahoma Auxiliary Enterprises will hold a Ribbon Cutting Ceremony to introduce Lakeside Café.com, the new cyber café and coffee bar in the University Center. The ceremony will take place on Thursday, January 11, 2001 at 2:00 p.m. on the second floor of the University Center (food court area).
OCAST approves $2.4 million in projects—UCO to receive a portion
The Oklahoma Center for the Advancement of Science and Technology has approved more than $2.4 million for 11 high-tech projects in the area and six high-tech internship programs at local colleges. The projects involve medicine, communications, manufacturing, agribusiness and computer software. The University of Central Oklahoma was awarded $290,315 over a three-year period to improve the effectiveness of photo dynamic immuno therapy, for the treatment of metastatic tumors, by optimizing the treatment procedures and to understand its immunological mechanism. Wound Healing of Oklahoma provided matching funds.*Courtesy of The Journal Record, December 18, 2000.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal.
Click here for full story.
Real Estate Update
Click here for December real estate transactions in Edmond.
*Courtesy of Edmond Life & Leisure, December 28, 2000.
Retail Details
Retail sales remain high in Edmond
While nationwide taxable retail sales are up about 3 percent for 2001, Edmond continues to prosper well above that figure, at about 8 percent, according to recently published Edmond Economic Development Authority figures. "This shows the strong retail sales we have in Edmond," said Steve Kreidler, the executive director of EEDA, commenting on the city's more than $700 million in retail sales through November.*Courtesy of The Edmond Sun, December 20, 2000.
Click here for full story.Sales increase for bricks & mortar stores with a presence on the Web
Through an informal survey, retail sales skyrocketed this holiday season for Edmond bricks and mortars stores that also have a strong Web presence. However, holiday online sales doubled nationwide, which is something definitely to watch for next year.
Online holiday shopping doubled this year from 1999 levels as sales surged in the first week of November and remained buoyant, according to a study Tuesday. The picture of a robust e-commerce sector was reflected by Yahoo!, the world's most visited portal on the World Wide Web, which said order volumes at its shopping services was nearly twice as big as year-ago levels. *Courtesy of The Journal Record, December 27, 2000.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal.
Click here for full story.
Spring Creek offers unique shopping experience in Edmond
Spring Creek Plaza at 15th Street and Bryant Avenue is nestled in one of the most prime retail areas of Edmond. This intersection exemplifies the accelerating economy in Edmond with its vibrant growth and consumer need. *Courtesy of Edmond Life & Leisure, January 4, 2001.
Click here for full story.
EEDA to reveal findings of retail study
The Edmond Economic Development Authority recently conducted and completed a sales tax analysis of the city of Edmond. The study tracks retail SIC codes for the past five years in Edmond. The analysis shows trends and gaps in the different SIC code categories for Edmond’s city limits and will allow the EEDA and others to precisely identify and recruit prime retailers to fill particular niches in our city.
The EEDA will release the study findings and make the report available at the 2001 Economic Preview sponsored by The Edmond Economic Development Authority and American Bank & Trust.
Click here for registration information.
Stock Ticker
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond public companies.
The E-journal has limited advertising space available. The links will be offered on a first come first serve basis. Please contact Ray Hibbard at Edmond Media Publishing, 340-3311 or e-mail ray@edmondpaper.com for more information.Please forward the E-journal to friends and co-workers. New readers, click here to subscribe.
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Editor Contact Information:
Allison Pumphrey
Director of Public Relations & Marketing
Edmond Economic Development Authority
405.340.0116
ap@eeda.com
