Midland SmartZone launches SM Volume 5, Issue 2 About Midland Tomorrow The Midland SmartZone is a new program focused on accelerating economic growth within the community through strategic use of Midland’s unique expertise in the chemical industry and understanding of the global chemical sector. Midland Tomorrow will manage the Midland SmartZone and will collaborate with Michigan Molecular Institute; North Coast Technology Investors, LP; MidMichigan Innovation Center; and other entities as needed to bring about growth and innovation. SM ® Using a community-based approach, the Midland SmartZone will consist of three subprograms to grow and develop the industrial base and support high-technology companies: For the past 50 years, Midland Tomorrow MIDLAND ECONOMIC NEWS has been enhancing the quality of life for Midland County residents through retention and creation of quality jobs and diversification of the economic base. As the county-wide economic development agency, Midland Tomorrow will work with you and connect you with the right • Second-Stage Support/Economic Gardening – established to provide smaller high-tech companies access to a suite of corporate-level services such as CEO leadership, strategy development, marketing intelligence, new business development and commercialization, supply chain consultation, financial performance, and cash flow management. resources to ensure conditions are met for • Soft Landing Zone for Foreign Direct Investment – Midland has a distinct competitive advantage in international business – and, as home to The Dow Chemical Company and Dow Corning Corporation, is recognized as a global hub of the chemical industry and a destination of choice for advanced manufacturing companies. This program seeks to lower or eliminate foreign chemical and materials companies’ barriers to launching a business in Midland. ready-to-build industrial sites, resolving • Business Incubation and Acceleration – established to support new-venture acceleration and incubation for high-tech companies. assist your business. your business to grow and thrive in Midland County. Whether it be anything from developing environmental issues, or developing business models or strategies, Midland Tomorrow should be top of mind. We can confidently and confidentially Contact us today! The resulting economic development will diversify Midland’s employment base by bringing new entrants to the high-tech industry sectors, strengthening the job market for talent and growing the region’s economy. Want to learn more? Visit our website at www.midlandtomorrow.org/MidlandSmartZone.aspx. Interested in Midland? Tour it virtually at www.tourmidland.com! 233 East Larkin Street Midland, MI 48640 (989) 839-0340 www.midlandtomorrow.org marketing@midlandtomorrow.org Cover picture: Courtesy of Brad Befus of Scientific Anglers ER4.3 Volume 5, Issue 2 MIDLAND ECONOMIC NEWS SUMMER 2014 www.midlandtomorrow.org SUMMER 2014 www.midlandtomorrow.org SCIENTIFIC ANGLERS GEISLER ENTERPRISES MIDLAND BY THE NUMBERS FULCRUM COMPOSITES Creating the ‘line’ on fishing innovation for nearly 70 years Incubating businesses; educating local entrepreneurs Educational attainment: A key innovation indicator In 1945, Scientific Anglers chose Midland as the home of an innovative venture. Three men – Leon Martuch, Clare Harris and Paul Rottiers – had a single vision: to create the world’s best fly line. Through experimentation and inspiration, the men created the first modern plasticcoated tapered fly line – the forerunner to fly lines the company still makes today and the replacement for traditional silk lines. As the global headquarters of two Fortune 500 chemical companies, Midland also is home to a number of spin-off chemical manufacturing businesses. Regardless of their corporate experience, however, first-time entrepreneurs often need the business wisdom an incubator can provide. Geisler Enterprises, an industrial incubator and warehousing facility, helps local entrepreneurs understand what they need – and what they don’t. Midland County Educational Attainment For nearly 70 years, Scientific Anglers has continued to develop industry-leading technologies that have shaped the course of fly fishing’s history, such as creating the first floating fly line (the Air Cel), the first sinking fly line (the Wet Cel) and the first textured fly line (the Sharkskin). The company’s most recent innovation is the first tripletextured fly line (the SharkWave), which features the Sharkskin texture on the first few feet of the line and a softer, rounded texture on the rest of the line, with a completely smooth section where anglers will be handling the line most often. This builds on the Sharkskin series to take advantage of all the benefits of texturing. Midland’s talented workforce and supportive business climate continue to spur on Scientific Anglers’ innovative ideas, even as the company’s success has led to an acquisition by a fellow industry leader. “We were recently purchased by The Orvis Company, based in Manchester, Vermont, which has a large number of employees,” said Scientific Anglers President Jim Lepage. “However, we operate completely separate of our parent company and continue to maintain our talented workforce in Midland of 40 to 50 people.” Today, Scientific Anglers remains the industry leader in fly-line technology and offers a variety of fly lines for all types of water, species and environments. The company’s product lines have grown to include leaders; tippets; fly boxes; fly reels; innovative accessories; and starter outfits that include a rod, reel, line and leader. Scientific Anglers plans to remain at the forefront of flyline technology and to continue offering customers the highest-quality, longest-lasting and most technologically advanced fly lines on the market. Visit Scientific Anglers’ website for more information at www.scientificanglers.com. Company President Jim Geisler drew on his own history of entrepreneurial business to create an industrial incubator and warehousing space, one client at a time. Today, Geisler Enterprises has 16 tenants in its 60,000-squarefoot facility, with about 15,000 square feet of warehouse space remaining. The business is split almost evenly between warehousing operations and incubation services and features a blend of tenants across a variety of industries. Geisler’s tenants enjoy a wealth of services and amenities, including shared conference and lunch space, restrooms, and outdoor maintenance. Geisler, an integral part of the Midland SmartZone , offers a number of fee-based services, including forklifts; overhead cranes; pallet jacks; water; truck docks; compressed air; and 440-, 220- and 110-volt electrical service. SM Geisler is impressed with Midland’s entrepreneurial environment. He sits on the University of MichiganDearborn’s eCities committee, which annually examines community-level factors that influence entrepreneurship, economic development and job growth. Midland Tomorrow works each year to consolidate and submit community information to the program, which has repeatedly recognized Midland as a “five-star” community – the highest level of entrepreneurial excellence. For more information, call 989-839-7117 or visit www.geislerinc.com. Current Geisler Tenants • • • • • • • • • • • • • • • • Stone Specialists – stone and marble installation and warehousing Midland Mold & Machining, Inc. – tool and die Sullair – supplies and warehouses air for The Dow Chemical Company Elpis Technologies Inc. – manufactures colorants for plastics Diazem Corporation – chemical manufacturing American Chemical Society – stores chemicals used in classroom demonstrations AMSA, Inc. – antimicrobial specialists Armin Mersmann, Valerie Allen and M. Guy Sabrie – artists Covaron Advanced Materials – breakthrough thermosetting ceramics technology VanTek Corporation – chemical manufacturing Innokem LLC – chemical process consulting Fulcrum Composites – manufacturer of curved composite panels J & H Service – sewer and drain cleaning Veteran’s Alarm Inc. – security system installation and 24-hour monitoring Kitchen Solvers – kitchen design and installation Warehousing for the Society of Plastics Engineers and other customers 25.0% 20.0% 19.3% 17.9% 15.0% 15.0% 10.0% 12.7% 10.6% 9.8% 10.0% 8.4% 7.7% 5.0% 0.0% Associate Degree Midland County Bachelor’s Degree Michigan Graduate or Professional Degree U.S. Midland County maintains a highly educated workforce, which gives companies a competitive edge in the global marketplace. With higher attainment rates of associate, bachelor’s and advanced degrees, companies in Midland can lead the way in innovation. INTERNATIONAL ENGINEERING & MANUFACTURING, INC. Hope Township company receives tax abatement Hope Township is a community of 24 square miles, centrally located in the northern part of Midland County. The township consists mainly of rural residential and agricultural areas as well as many properties located along the beautiful Wixom Lake. One company has called Hope its home since 1968: International Engineering & Manufacturing, Inc., which specializes in snowmobile performance and safety traction products. IEM’s private label, Woody’s, is the company’s premier international product for traction control. To stay ahead in the manufacturing process and expand production, the company has undertaken a large investment that will help to keep its processes in Hope. This investment has proven IEM’s commitment to both Midland County and the many employees the company will retain. Hope Township recently approved IEM’s application for an Industrial Facilities Tax Exemption on the new equipment. Exemplifying the entrepreneurial spirit through innovative manufacturing Fulcrum Composites is an example of both Midland’s chemical manufacturing expertise and its entrepreneurial spirit. Founded as a spin-off of The Dow Chemical Company, Fulcrum makes curved composite panels for a variety of industries and applications. The company’s unique composite technology and proprietary manufacturing processes allow it to respond quickly and innovatively to new and different customer challenges. Fulcrum President Chris Edwards started the company to help innovative manufacturing stay alive. “I always liked the idea of manufacturing, and it seemed like manufacturing in both the U.S. and Europe was disappearing,” he said. “I wanted to create manufacturing on a local scale.” Building on its beginnings designing museum panels for former Midland firm Design Craftsmen, Fulcrum now handles projects for clients across the nation. With these new businesses and industries have come a variety of new technology applications as Fulcrum works to create custom solutions to unique problems. In particular, the company is branching out to drywall applications: The time- and labor-intensive work of curving drywall becomes much easier when the drywall can be shaped around one of Fulcrum’s custom, curved composite pieces. Fulcrum has created arches for doorways, covers for columns and even curved corners for rooms. Fulcrum’s ability to cover its pieces with veneers of real materials – from wood to marble – helps create a high-class architectural look without the price or weight. Edwards says Midland has been a welcoming environment for Fulcrum for a number of reasons. “We’re right next door to Dow, and we do a lot of little R&D and testing jobs for them,” he said. “There’s a huge brain trust here, especially in chemicals and polymer chemistry. It’s very useful to be around people who are knowledgeable about your materials and your issues so you can discuss problems and solutions with them. “Groups like Midland Tomorrow, the BlueWater Angels and North Coast Technology Investors have been incredibly helpful,” Edwards said. “People in Midland want small businesses to succeed and will go out of their way to help – not just organizations, but individuals. Not every city is like that.” For more information, visit www.fulcrumcomposites.com.