Faribault Area Micro Summit: State of the Market
September 21, 2018 • 12:00 PM - 4:00 PM
South Central College
1225 3rd Street SW
Faribault, MN 55021
US
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Cost
$99.00; Day of event $129.00
Minnesota Real Estate Journal »
Contact
info@resummitsinfo.com
Speakers Include:
Tom Lambrecht, Manager Economic Development Services, Great River Energy
Gary Kindseth, Former VP of Faribault Foods (retired)
Deanna S. Kuennen, Economic Development Director, City of Faribault
Jeff Rossate, Director of Business Development, Minnesota Department of Employment and Economic Development
Laurence Reszetar, Director of Foreign Direct Investment, Minnesota Trade Office
David Tieman, Director of Operations, Faribault Foods, Inc.
Brigid Tuck, Research, University of Minnesota Extension Center for Community Vitality
Troy Zabinski, CFO, Met-Con Companies
Tim Penny, President and CEO, Southern Minnesota Initiative Foundation
Kelsey Woods-Nord, Apprenticeship & Internship Coordinator, South Central College
10:30 AM This is Faribault - Historic to High Tech Industry Tours
• Faribault Woolen Mill
• Faribault Foods
12:00 Lunch and Opening Remarks
12:10 PM Faribault Area State of the Market
• What is the current State of the Economy in the Faribault Area
• What is the main workforce sources to support new business and how are they trained
• Populations and workforce trends that are impacting the real estate market
• Local Workforce development initiatives to meet local workforce demands
• The impact of a growing workforce population in Southeastern Minnesota: Population and demographic trends in Faribault
1:00 PM Business Park & Industrial Park Development & Opportunities
• Current State of Faribault Business Park: Vacancy Rates, Market Size, Trends, & Opportunities
• Who are the local employers and what businesses are coming to the area
• Transportation and other amenities that are crucial to the region
• What do Site Selectors and Brokers need to know
• Why are companies expanding in Faribault
2:00 PM Break
2:15 PM Faribault Commercial Real Estate Market Update
• New opportunities for development happening in the Faribault area right now
• What types of projects are in consideration for development?
• What are the challenges with development vs. redevelopment?
• Who is active in the Faribault market place and what is their risk tolerance and expected returns
3:15 PM Growing a Global Economy
• Current impact of Foreign Direct Investment in Faribault
• The future growth and marketing of FDI in Faribault
• Learn how Faribault has partnered with global companies to leverage investment
• Local success stories about how international companies have grown and thrive in Faribault
• Anywhere USA, why Faribault? Why Faribault works well for International investment
4:00-6:00 PM Taste of Faribault Reception at the Cheese Cave