The International Economic Development Council (IEDC), the largest nonprofit professional association for professional economic developers in the world, has selected the Chippewa Economic Development Corporation (CEDC) as a recipient of its 2022 Excellence Award for its collaborative effort in helping establish a non-profit organization called Manufacturing SOS (Supporting Our Schools) Alliance. This partnership between the industry and the non-profit group is aimed at creating an awareness of the increased need for skilled tradespeople and other manufacturing professionals by industry. Recognized each year during the IEDC Annual Conference, the awards honor organizations for exemplary economic development projects, programs, and collaboration. 25 award categories honor organizations such as CEDC and Manufacturing SOS Alliance and individuals for their efforts in creating positive change in communities. “Communities need our profession now more than ever. This year's awardees [...]
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So far Charlie Walker has created 26 blog entries.
Chippewa Economic Development Corporation’s President/CEO Charlie Walker taught at the Wisconsin Basic Economic Development (WBEDC) hosted by the Wisconsin Economic Development Association during the week of September 12 - 15, 2022. The WBEDC is designed to provide an understanding of the basic concepts, theories, methods, and practice of economic development. The nationally renowned WBEDC is instructed by experienced and successful professionals and practitioners. The four-day educational event encouraged attendees to network with industry peers and experts, explore the fundamentals and emerging concepts of comprehensive economic development, and expand their leadership skills. Graduation from the Basic Economic Development Course (BEDC) fulfills one of the prerequisites for those who wish to pursue the Certified Economic Developer Designation (CEcD) through the International Economic Development Council.
Held at the Northern Wisconsin State Fair Grounds on August 19th 2022, the Chippewa Economic Development Corporation held their 26th annual meeting. Over a pancake breakfast, Lona Cook the keynote speaker of the morning event motivated the audience on the importance of recentering, refocusing and balancing one's business and personal lives. "By becoming more aware of and focusing on the positive energy that surrounds us and less on the negative our business are more apt to be better positioned to reclaim market share and reduce employee turnover." She noted "In reality any decision we make or don't make effects others connected to us-having a positive mindset will lead one towards the right decision." Moderated by CEDC's Charlie Walker and CEDC board member Klaus Bauer, the event was packed with over 365 regional business [...]
PRESS RELEASE FOR IMMEDIATE RELEASE Monday, August 8, 2022 Contact: Charlie Walker, 715-723-7150, firstname.lastname@example.org 2022 CEDC Annual Meeting August 19, 2022 • 7:00 – 9:00 am • Northern Wisconsin State Fairgrounds Chippewa Falls, WI - The Chippewa Economic Development Corporation (CEDC) will host the Annual Membership meeting on Friday, August 19, 2022 from 7:00 am – 9:00 am at the Northern Wisconsin State Fairgrounds. Annual membership investment in the CEDC provides cooperative action, real impact, and substantive direction through involvement with top business, education, government, and nonprofit leaders in the Chippewa Valley and they are an important portion of our revenue stream. With this being said- CEDC is in a strong financial position and all indicators show that our investors and community leaders are feeling renewed and eager to move forward from [...]
There are some who believe that within the next 15 years about half of all US Manufacturing firms will close their doors! Currently, worker shortages are empowering existing workers to do some rethinking. They now have the opportunity to reconsider what jobs they want to do, where they want to live, and what industries they want to work in. Manufacturing appears to be at a disadvantage because many potential workers do not view manufacturing jobs as secure and stable compared to those in other industries. Finally, there is an acceleration to all things digital-Industry 4.0 that has the potential to leave many manufacturers behind because they are slow to invest in technology. To survive manufacturing companies need to move away from being consumers of talented workers and become better creators of manufacturing talent. [...]
It was just last week that the Chippewa County Economic Development Corporation (CCEDC) teamed up with Workforce Resources and over 35 local companies throughout the Chippewa Valley to host an outdoor job fair. A major feedback that CCEDC received from companies that participated in the event was that they are still having difficulty finding workers-especially those who are eager to return to work. This lack of worker participation in the job market is now turning into a crisis which threatens the viability of hundreds of local businesses in the region. Many hiring companies believe that this shortage of workers is enhanced by current continued state & federal pandemic-related unemployment benefits being offered in Wisconsin. Typically, the state of Wisconsin requires persons seeking unemployment benefits to look for and complete (4) four unique work [...]
Chippewa County Economic Development Corporation (CCEDC) understands the impact that internet connectivity has on our local economy. Effective and affordable broadband access increases the growth potential of our local businesses by helping them access new markets. It is necessary for any precision agriculture operation. It is a catalyst for rural prosperity by connecting rural households, schools, and healthcare with each other. It also is a “must” if small communities are to attract new residents and talent. Today, one thing that was made abundantly clear by the 2020-21 pandemic is that it is even more necessary has because of the huge increase in demand for high-speed internet within the Chippewa Valley as businesses, education, healthcare, and workers transitioned to online services. Over the past several years CCEDC has worked with our local Telecom providers [...]
In commenting about the COVID 19 return of workers- Joseph Briggs, an economist at Goldman Sachs (GS), noted in a report to clients in December 2020 that “Young workers’ participation in the labor force has nearly fully recovered – likely reflecting both lower health risks from the virus and a decline in college enrollment – while the participation of older workers and women has recovered more slowly,” He estimates that there were some 830,000 “excess retirees” in October 2020, which represents about a quarter of the difference between the pre-pandemic workforce and the current workforce. Did you know that having a great Brand image helps in reducing hiring recruitment costs? There is no doubt that it is a highly competitive talent market. Local companies must always work to improve their "Employer Brand" [...]
Chippewa Falls, Wisconsin Company Nordson’s EDI- Celebrates 50 Years of Global Leadership & Innovation
Chippewa County’s Lake Wissota Business Park is now the home of Nordson EDI. What began in 1971 with a five-person machine shop in this small city of 14,000 is now Nordson Corporation’s global EDI® brand, recognized worldwide for advanced engineering and precision workmanship in the production of flat dies for film, sheet, and coating. Nordson acquired a company-Extrusion Dies Incorporated in 2012 and spent 2019 and 2020 consolidating their three EDI operations in Chippewa Falls into an extensive new modern manufacturing facility. In 2021, the EDI team celebrates its the 50th anniversary of the EDI business which began on February 15, 1971- the day of its founding. Nordson EDI has been a long-time supporter of the communities within the Chippewa Valley and of Chippewa County Economic Development Corporation (CCEDC) and their mission to [...]
One role CCEDC's plays in the field of economic development is that of location marketer for companies looking to expand their product production, improve their product supply chain, or re-shore within the Midwest United States. Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It is a fast and efficient way to strengthen the Western Wisconsin economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective. Add to Reshoring President Biden is keen on "Made in America!" The Federal Trade Commission requires products advertised as “Made in USA” be “all or virtually [...]