"If you want something, you have to work for it." Ron Arnold, former Executive Director of the Daviess County Economic Development Corporation spoke to the class on Tuesday, Sept. 10. This quote by Arnold sums up his advice to the class. As a child growing up in Washington, work ethic was instilled at an early age. That same work ethic was prevalent in his effort to make Daviess County a premier location for potential businesses and citizens.

Ron was with the DCEDC from 2001 - 2018. During that time, he was involved in the development of the Crane Tech Park and several new industrial business moving to the area. Businesses such as GPC, Olon Industries, IsoFlex, M&C Tech are just a few. Arnold spoke to the class about the following tools that are instrumental in economic development. Those are Tax Abatements or Tax Phasing, Tax Increment Finance (TIF) districts and the Economic Development Income Tax (EDIT). The students were taught very valuable lessons on the importance of economic development and how it benefits the entire community. Ron said the goal of DCEDC was to "increase the standard of living for every person living in the county."


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