Transcript PDC History - Perryville

Perryville Development
Corporation
Helping Perry County Grow
For Over 55 Years
History of the Perryville
Development Corporation
June 1954 – The Perryville Chamber of
Commerce voted to form a separate
Perryville Development Corporation to
relieve the Chamber of the growing
demand of time and effort needed to
attract industry.
The city needed diversification – it was
still a one-industry town – and local
graduates were leaving the area to secure
employment elsewhere.
The PDC (Perryville Development
Corporation), incorporated under the
laws of the State of Missouri, sold
20,000 shares of stock at $10 each to
finance its beginning.
The first land acquisition by the PDC was
in 1957 -- 24 acres were purchased for
$12,000 in McBride.
With a big assist from local banks, a large
building was constructed to house Premier
Panels Co. of St. Louis.
The building is now part of the GilsterMary Lee Pop Corn/Distribution Center.
First PDC Building
McBride – 1957
Premier Panels the first tenant.
50+ years later
Gilster- Mary
Lee Complex
McBride
Original PDC Building
1960’s
$40,000 raised from the initial sale of stock
was invested in a new start-up operation
called Gilster Mary Lee Corporation,
establishing a manufacturing business in
Perryville.
Today that business has sales of over
$800 million and over 4,000 employees.
1964
PDC purchased 25 acres for $450 per
acre from Mrs. Henrietta Wichern.
Additional acreage was eventually added
to this original tract.
2009 Now
TNT
Plastics
2009 Now
Atlas Roofing
Originally NPS
1960’s
PDC built a spec building to house
Confection Products Company (a candy
factory).
Perry Industries later produced fiberglass
shower enclosures in the building.
Now TNT Plastics
PDC Early Accomplishments
PDC helped The City of Perryville
purchase and improve the Perryville
Airport for Saberliner Corporation.
PDC was instrumental in convincing state
authorities to build a MO Conservation
Commission forestry headquarters here.
1970’s
PDC assisted:
Johnny Bishop Poultry Co. expansion
Confection Products (candy factory) in it’s
expansion of the existing spec building
1980’s
PDC joined with The City of Perryville and
The Industrial Development Authority to
secure TG-USA for the community.
The Development Corporation sells 40
acres in the Industrial park to TG-USA for
$24,000 and spends over $40,000 to level
the site.
May 1, 1987 – TG-USA opens Plant
Several Additions Followed
TG-MO Building Groundbreaking
For New Addition 1996
2009 - TG-MO Complex
1988
International Shoe Co. (Kiefner Plant)
closes -- Solar Press, a new industry,
moves into building.
1990’s
Solar Press moves to
new Industrial Park
1993
PDC purchases 15+ acres (Brune Tract)
Perry
County
Sheltered
Workshop
PDC Spec Building was
Tennessee Corrugated Box
Now Gilster-Mary Lee
Warehouse
PDC built a spec building that housed
Tennessee Corrugated Box Company
(now a Gilster-Mary Lee warehouse)
PDC was instrumental in establishing
the Perryville Higher Education Center and
committed over $600,000 to help establish
the project.
PDC donates land for Perryville Industrial
Park water tower.
PDC continues
to promote The
Industrial Park for
new industries.
PDC
Incubator
Bldg.
Solar Press
TG-MO
Bldg. #1
TG-MO Stamping
Atlas Roofing
TNT Plastics
Perry County Sheltered
Workshop
PDC Brochure - New Industry Incubator
Building located in the Industrial Park
PDC’s new incubator building
for the start-up of new industries
Questions
1. Is the PDC still a For-Profit Corporation?
In 1997 the PDC became a Not-For-Profit
Corporation.
2. If the PDC is Not-For Profit where does it get the
money to operate?
PDC operating capital comes from:
• Sale of Stock (Gilster-Mary Lee)
• Interest
• Farm Income (Industrial Park)
• Rental Spec. Building
• Sale of Land in the Industrial Park
Questions
3. How many people are on the Board of the PDC?
The PDC Board consists of twenty Directors
representing community businesses.
2009- PDC Board of Directors
Tim Buchheit – Buchheit Inc.
Craig Brewer – Attorney
Richard DeWilde – CPA
Rick Guyot – Guyot Lumber
Jim Lottes – Rozier’s Merc.
Brad Moll – Meyer Bus Line
Kim Moore – Attorney
Chris Mudd – Edward Jones
John Rauh – Retired CEC
Lynn Richardet – RFC
Ed Robinson – SEMCO Stone
Doug Schreiner –Perryville Overhead Door
Gary Schumer – Schumer Bros, Plumbing
R. David Crader – Bank Of Missouri
Brian Dreyer – Dreyer Electric
Mike Kiefer – Perry County Mutual Ins.
Karl Klaus – Klaus Construction
Patrick Naeger - Healthcare
Don Palisch – Bank Of Missouri
Francis Toohey - Attorney
Questions
4. What are the Qualifications for a PDC Director?
To be a director one must be a shareholder of
the PDC, and a member of Perryville Chamber of
Commerce.
5. What is the Objective of the PDC?
PDC Mission Statement
The purpose of the Corporation shall be to aid
and promote new and existing business and industries
for the City of Perryville, Missouri and Perry County.
Questions
6. What are some of the PDC goals for 2009?
The main goal is to communicate and work with
the following:
• City of Perryville Mayor & Aldermanic Board
• Perry County Commissioners
• Economic Development Board
• MO State Officials
• Southeast MO Regional Planning
• Perryville Chamber of Commerce
• Perry County School District #32
• Perry County Memorial Hospital
Perryville Development
Corporation
Continuing to support Perry County