February 9, 2012
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What Evansville Needs Now

Have you heard? Evansville’s building a new arena Downtown. It’s a big deal. Such a massive undertaking has opponents and proponents. Though we are halfway through the completion of the 11,000-seat project, let’s assume the proponents are right, and hundreds of new jobs are on the way. Now what? We asked several business leaders that very question. How can we be proactive to ensure the Tri-State continues to see economic prosperity? They told us…

Lloyd Winnecke

Senior Vice President and Marketing Director, Fifth Third Bank; Vanderburgh County Commissioner

Evansville native Lloyd Winnecke has worked at Fifth Third Bank for 12 years, previously spending 18 years in the television industry. In January 2009, he took office as a Vanderburgh County commissioner. Winnecke is a longtime advocate for consolidation of the city and county governments, a move he believes will spur economic growth.

Definition of city progress: New employment opportunities for the community as well as new amenities that improve the quality of our lives.

On Evansville’s greatest strength: Our workforce. Time and again, if you talk to companies looking at coming to Evansville, they are impressed by the number of quality workers available for their prospective facilities. It’s an educated workforce; it’s a workforce that has outstanding work ethic.

On areas to improve: The multiple layers of government. Hopefully that will change in the not-too-distant future. If you’re looking at bringing a company to our community, there are a lot of layers of government to go through, even on a preliminary stage. That becomes an impediment; it just creates additional steps in a process that already is cumbersome.

On how to change: By combining city and county governments and creating a single point of leadership, I think it only will enhance our economic development opportunities. At this time, the best estimate is that it would be on the ballot in 2012.

Pete Mogavero

President, Anchor Industries, Inc.

Harrison High School graduate Pete Mogavero has been employed for 23 years with Anchor Industries, an Evansville-headquartered company producing fabric products such as tents and awnings for recreation, industry, and the United States government. Mogavero’s travels around the country give him insight into what other cities have done to encourage economic growth.

Although Pete Mogavero leads Anchor Industries, a company located north of the city’s center on U.S. Highway 41, he looks to Downtown as a catalyst for continued economic prosperity. Mogavero says his definition of progress is a growing employee base and a vibrant Downtown that attracts people both for working and living, and he likens Evansville’s potential to the renaissance of Chattanooga, Tenn. — another river city with an industrial past. Last year, Bloomberg Businessweek magazine reported that Chattanooga was one of just three American cities (the others were Milwaukee and Ventura, Calif.) to add jobs downtown from 1998 to 2006. The city’s population also grew nearly 10 percent from 2000 to 2008.

“They’ve got million-dollar condos downtown” in Chattanooga, Mogavero says, adding that top-notch dining and nightlife establishments, locally owned shops, and the massive Tennessee Aquarium anchor the downtown. While he notes that Evansville lacks certain big-city amenities — professional theatre companies and national sports teams, to name a couple — “Evansville is right on the edge,” Mogavero says.

He’s found that many of our city’s strengths — affordable cost of living, short commutes, relatively low crime — are attractive to prospective Anchor employees. His biggest concern about doing business isn’t locally based; it stems from what he believes to be excessive spending and taxation by the federal government. “Some companies,” he says, “are hanging on by their fingernails.”

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