A lt o o n A B l A i r C o u n t y D e v e l o p m e n t C o r p o r At i o n

2017 A n n u A l r e p o r t

AgendaBreakfast(Upon Arrival)

InvocatIonFr. Joe Lehman, T.O.R.

Saint Francis University

Welcome and recoGnItIon ofBoard memBers & Honored Guests

Matthew Fox, Master of Ceremonies

Board cHaIr reportDr. Lori Bechtel-Wherry – Penn State Altoona

IntroductIon of Guest speakerStephen McKnight, President & CEO – ABCD Corp.

keynote addressWarren Wright, President – Coaching MillennialsAttracting Next Generation Talent, People, Investors:

What We All Need To Know

mcmaster aWard presentatIonJim Kuhn – Reliance Bank

notopoulos aWard presentatIonBeverly Green – First Energy

BenedIctIonFr. Joe Lehman, T.O.R.

Saint Francis University

Th a n k Yo u T o al l o f ou r Va l u e d an n u a l Me e T i n g Sp o n S o r S:Altoona-Blair County Airport•Altoona Curve•Altoona Grand Hotel•AmeriServ Financial•BB&T Bank•Benzel’s Bretzel Bakery•Blair Companies•Mr. James Crawford•Curry Supply•DeGol Organization•DelGrosso’s Foods & Amusement Park•Explore Altoona•First National Bank•Gardner Denver•Jubelirer , Carothers, Krier & Halpern•Keller Engineers•KIZ Resources•Kunzler•Leonard S. Fiore, Inc.•M&T Bank•McLanahan Corporation•

Mountain Research•National Imprint Corp.•NPC•P. Joseph Lehman Engineers•Penelec•Penn State Altoona•PennStress•PNC Bank•Reliance Bank•Roaring Spring Water•S&T Bank•Sheetz, Inc.•Stiff ler McGraw•UPMC Altoona•Value Drug Company•Ward Transport & Logist ics Corp.•Warren A. Gingrich Agency, Inc.•WIN Group•Young, Oakes, Brown & Company•

Keynote Speaker

Warren WrIGHtPresident

Coaching Millennials

Warren started Coaching Millennials in response to an overwhelming demand by companies to help hire

and manage Millennials. For 5-years, he partnered with economist and historian Neil Howe, the best-selling author

on today’s generations, who gave Millennials their name.

Working with Howe underscored the power of generations in today’s society, and their ability to shape culture, society,

and workplaces in their own image. Yet too few people recognizethisinfluence.Recognizingthisdisconnect,

Warren seeks to educate, teach, and coach leaders about Millennials and all generations. He consults and speaks frequentlyontheinfluenceoftheMillennialgeneration.

Warren has been solving problems for clients for over 25 years with a who’s who of top performing organizations:

U.S. Army, Navy SEALs, World Bank, World Economic Forum, Knight Foundation, FEMA, Proctor & Gamble,

Chubb Insurance, and American Airlines to name a few.

He spent 10-years at Gallup, leading innovation projects and before that was a principal and co-founder at the

internetstartup,Jobfinder.com.HelivesintheWashingtonDC area and is the father of two adult Millennials.

2018 A n n u A l m e e t i n g | m Ay 18, 2018

m e s s A g e f r o m t h e p r e s i D e n t

People Making the Difference

Last year I ended my remarks at ABCD’s Annual Meeting with a simple message - this is the right place, at the right time – let’s all think big. Since then, so many people have not only thought big, they went big. They planned big. They invested big.

ABCD Corporation took part in 30 business development projects in 2017 resulting in

more than $35 million of new capital investment. These projects collectively created 180 new jobs and retained over 600 jobs here in the nation’s First Frontier-Blair County, PA.

Among those projects were three new hotels, including the first new lodging property in downtown in more than half a century. Central States launched their manufacturing operations. Sheetz announced the expansion of a new operations center and expansion of their distribution facility. A new coffee shop, brewery and several boutique retailers have also opened in Altoona’s Central Business district within the last several months. A new 20 room market rate housing development at the Elizabeth Apartment building is expected to come online later this year.

While the decision was made earlier this year, 2017 was the year of robust debate about whether to build or renovate Altoona’s

high school building. The vote to approve the construction of a new $88 million facility will result in the largest single capital building investment in the history of the City. Several other major expansion projects are currently in the planning stages and will impact 2018 in a big way.

Behind all of these projects and the numbers that we use to measure them, are people. People from both the public and private sectors are stepping up and making change happen – making a difference. They are shouting from our mountain tops that we are “all in” on our community’s future success, our competitiveness, the smarts and hearts of our kids, and their kids, and our ability to attract new business investment, and talent. Their decisions to invest said a lot and none of it was about living the past.

So, this is something I don’t mind repeating – We all are in the right place, at the right time – let’s all think big. Plan big. Invest big. Let’s continue to do great things for future generations to come!

With Best Personal Regards,

Thinking Big for Blair County, PA

2017 i n r e v i e w

DEVELOPMENT PROJECT HIGHLIGHTS:

Completed Demolition & Site Work and Secured Redevelopment Option at Downtown Drug Site• Sale of 60 underutilized acres in Ardie J. Dillen Park• Grand Openings: Wyndham by Wingate – Fairfield Inn & Suites and TownePlace Suites by Marriott • Central States Manufacturing – PSU-Altoona Penn BuildingAssisted in 10 Business Expansion/Retention Projects• Facilitated 5 Business Attraction Projects• Advanced Puritan Mill Project• Downtown Altoona: Donnelly Building – Flower Shop Building – 1402 ½ Bakery – 12Eleven Brisket•

INfRaSTRuCTuRE PROJECTS:

Completion of Back Vail Road Improvement• Well Investment & Identification in Marasco Park• Completion of all Infrastructure Improvements at Marasco Business Park• Completion of 7th Street Gateway Project• Initiated 10th Avenue Expressway Improvement Study•

PERfORMaNCE METRICS:

Description Goal Result

Projects Closed 30 29

Funding Applications Approved by Board 30 43

Clients Assisted 110 176

Capital Investment $40 million $35.2 million

Program Funding $20 million $26.2 million

New Jobs Committed 250 203

Jobs Retained 500 514

Federal Investment $500,000 $1.8 million

State Investment $2 million $4.6 million

The Pioneers and Faces of the Voices from the First Frontier Video Series 2017:

Sarah VogelThe Clay Cup

andrew TrexlerCatalyst Space

Laura WrayThe Elizabeth Apartments

wAtCh All of the voiCes from the fir st front ier v iDeos A s well A s r e AD our or ig inAl Blog Content on our weBs ite At w w w.yourfir stfront ier.Com

PLaCEMaKING aND MaRKETING:

Finalized Ballpark Advisory Committee• 2nd Annual Agriculture Career Day• Secured POWER Grant & Launched Start-up • AllegheniesLaunched New Angel Investor Network• Participation in Blair County Land Bank and • Blight Task Force

Served on County Comprehensive Plan • CommitteeProduced Christmas Parade & Taste of Altoona• 12 Presentations (public speaking/radio)• Launched New Website and Social Media Brand•

OPERaTIONaL aCTIVITIES:

Implemented Cloud-based Email & Server• SBA Compliance & Reporting Upgrades• Reviewed & Updated Bylaws• Implemented Staff Transition Plan•

Evaluated & Changed Healthcare Plan• Prepared Sustainability Strategy• Revised ABCD Strategic Plan• Launched ABCD Endowment•

WEBSITE aND SOCIaL MEDIa RESuLTS:

Description Result

Website:

Page Views 12,996

Sessions 5,906

Facebook:

Total Likes (goal of 500) 1,368

Total Posts 265

Reach (eyes on posts) 236,837

Engagements (likes, comments, shares) 9,646

Original Content:

Blog Posts 25

Voices from the First Frontier Videos 5

Note: All results are from May 12 - December 31, 2017

2017 i n r e v i e w

The Pioneers and Faces of the Voices from the First Frontier Video Series 2017:

Laura WrayThe Elizabeth Apartments

Matt, Steve & TreyRailroad City Brewing

John RussellEMG Brands

wAtCh All of the voiCes from the fir st front ier v iDeos A s well A s r e AD our or ig inAl Blog Content on our weBs ite At w w w.yourfir stfront ier.Com

2017 A l e x A n D e r A . n o t o p o u l o s Aw A r D wi n n e r

The Alexander A. Notopoulos Award was created as a tribute to Attorney Notopoulos for his many years of dedicated service to the Altoona/Blair County area. This award was designed to acknowledge outstanding business firms in Blair County. Potential recipients must meet a set of criteria and are then voted on by the Altoona Blair County Development Corp.’s Awards Committee.

The Awards Committee, Board of Directors and staff of the Altoona-Blair County Development Corp. congratulate Shirley’s Cookie Company on this well deserved award. The criteria and the qualifications of this year’s recipient are outlined below.

…..SuBSTaNTIaL BuSINESS HISTORY IN BLaIR COuNTY

It all began with a Donut, at a small diner run by a woman named Shirley. Fresh out of high school young Zane Feathers worked for Shirley and Les and recognized the popularity of the donuts baked daily to a growing demand from the locals craving sweet treats. In addition to working at the diner, Zane continued by going door to door selling delicious baked goods. Upon Shirley’s retirement in 1967, he purchased the diner and decided to lease a small bakery allowing his entrepreneurial spirit to unfold.

1969, the diner introduced raisin filled cookies to the menu. Zane escalated the growth and began to prepare his baked goods for wholesale establishments. His daughter Patty Shaw joined him in 1990 and established the new corporation known as Shirley’s Cookie Company. They worked together to develop the NEW retail concept from a finished cookie to a frozen-thaw product ready for in store bakeries and food service companies. This decision propelled them to establish a plant in Claysburg, PA.

The Ribbon Cutting Ceremony December 2003 opened the doors to the manufacturing location and state-of-the-art bakery producing the finest baked goods from coast to coast. Yet another opportunity in 2011, supported a factory expansion to the existing Claysburg site, affording Shirley’s Cookies continued growth to be an ever-evolving Bakery leader providing private label products to convenience stores and grocery chains nationally.

…..GROWTH IN EMPLOYMENT LEVELS IN BLaIR COuNTY

From a small diner to a substantial food manufacturing firm in rural Claysburg, Shirley’s Cookies had only a handful of employees as a humble diner beginning. With vision, Christian values and motivation to succeed, a few positions evolved into over one hundred and thirty-five jobs over the course of 6 decades in Blair County. The bakery has employed folks from youth to retirement in many cases, with several generations of family employed in our company.

…..a DEMONSTRaTED SENSE Of COMMuNITY INVOLVEMENT

Shirley’s Cookies has undergone so many changes from the humble start of the original donut shop. Patrons understood what tradition meant and what family meant. The bakery was a place to share life stories and meet with friends over a sweet treat. The same philosophy holds true today. It was that community spirit, helping others, and a sense of volunteering that their Christian based morals had instilled as an important ingredient to the daily recipe with employees, community and family. Many local agencies, church groups, non-profit organizations, community programs and schools too many to name have reached out and they have gladly responded with a smile. Serve your community by giving back is a motto they live by at Shirley’s Cookies.

…..PROVIDE faMILY SuSTaINaBLE INCOME

Employees are the key “ingredient” in the success of the Shirley’s Cookies. They offer a full time 40 hour work week employment to our employees. In addition, they have prided themselves in supporting the employees with a substantial insurance coverage plan to afford themselves and their families access to proper healthcare. They offer training and internal development opportunities to promote a career future from entry level on up. They look forward to a bright future.

“Shirley’s Cookies and our employees are honored to receive the 2017 Alexander A. Notopoulos Award. Our family and ABCD Corporation have a “sweet” history that has been key to both of our successes. Just as a family tradition continues, so will the work, goals and dedication to our community, county and employees at Shirley’s Cookies. We thank the Altoona Blair County Development Corporation for sharing their traditions of making Blair County a more desirable place to live and work.” Patty Shaw, CEO

AltoonA BlAir County Development Corp.BoArD of DireCtorsLori Bechtel-Wherry, ChairRon McConnell, 1st Vice ChairMike Settimio, 2nd Vice ChairDan Hoover, Immediate Past ChairAnn Benzel, SecretaryBill Hoyne, Assistant Treasurer/SecretaryJoe Sheetz, Assistant Secretary/TreasurerMark Ritchey, Assistant Treasurer/SecretaryAndrea Cohen James Crawford Carl Crider, Jr. Bruno DeGol, Jr. Denny Doll Bruce Erb Bryan Fisher Tom Foley Nicholas Gates Dave Grazier Beverly Green Michael Grimm Brian Irwin Bob Latoche Marla Marcinko Ron Muffie Elia Ofiesh Matt Pacifico Charles Prijatelj Paul Querry George Sidney Jamie Van Buren Eric Wolf representAtivesJoe Hurd Mark Ickes Rex Metz

soliCitorsJubelirer, Carothers, Krier, & Halpern - Alan Krier, EsquireQuatrini Rafferty - Mike Routch, Esquire

ACCountAntYoung, Oakes, Brown & Co. - Dave Scott, CPA

ABCD CorporAtion AffiliAtesGreAter AltoonA eConomiC Development Corp.Brian Irwin, ChairJack Sinclair, PresidentRandy Green, 1st Vice PresidentJane Sheffield, 2nd Vice PresidentJim Kuhn, Secretary/TreasurerTed Beam Kris Baronner Sergio Cormona Steve Gardner Cyndi Hershey Michael Haire Gerald Hymes Randy Isenberg Louisa Lobre-Riley Marla Marcinko William Neugebauer Matthew PacificoLee Slusser Frank Wiley Sandra ZlupkoKathryn Richards, Esq. - Solicitor

BlAir County inDustriAl Development Authority &BlAir County GenerAl AuthorityWilliam Hoyne, ChairElia Ofiesh, 1st Vice Chair/Asst. SecretaryJames Crawford, 2nd Vice Chair/Asst. SecretaryJim Kuhn, SecretaryRex Metz, Treasurer/Asst. SecretaryDaniel Hoover, Asst. Secretary/TreasurerRobert Latoche, Asst. Secretary/TreasurerBruno DeGol, Jr., Asst. Secretary/TreasurerSteve Foreman, Asst. Secretary/TreasurerAlan Krier, Esq. - SolicitorPatrick Healy, Esq. - Bond Council

A Special Thank You to the Following Individuals:

Altoona Blair County Development Corp. Staff:Stephen McKnight, President & CEOPatrick Miller, Executive Vice PresidentKing Burk, Manager of Programs & Fiscal ControlTom Seasoltz, Director of Corporate FinanceRichard Lasek, Mgr. Loan Servicing & Entrepreneurial Developmpent

Rachel Prosser, AccountantMatthew Fox, Marketing ManagerRenae Guida, Economic Development Loan SpecialistColleen Carruthers, Executive AssistantConnie Hartman, Clerical Assistant

1992 Small Tube Products1993 Penn Jacobson Fastener Corp1994 F.L. Smithe Machine Co. Inc.1995 Conrail1996 McLanahan Corporation1997 Benzel’s Bretzel Bakery1998 Smith Transport1999 DelGrosso Foods, Inc.2000 Appleton Papers2001 NPC, Inc.2002 Roaring Spring Blank Book Co.2003 Sheetz, Inc.2004 Kunzler & Company, Inc.

2005 New Pig Corporation2006 North American Communications2007 The DeGol Organization2008 Blair Companies2009 Imler’s Poultry2010 Altoona Regional Health System2011 General Cable2012 Value Drug Company2013 Albemarle Corporation2014 Curry Supply Holdings, Inc.2015 American Eagle Paper Mills2016 Ward Transport & Logistics Corp.

pA s t A l e x A n D e r A . n o t o p o u l o s Aw A r D wi n n e r s

B o A r D m e m B e r s & stA f f

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