Welcome to the Norman Economic Development Coalition's E-Digest, a monthly update on economic development and Norman news.

NOAA Scientists Work To Improve Severe Weather Forecasts

Thunderstorms with lightning, hail, strong winds and tornadoes can be devastating, resulting in hundreds of deaths and millions of dollars in damage each year. Researchers and forecasters with NOAA http://www.noaa.gov in Norman, Okla., are working together to improve the tools forecasters use to predict such storms, ultimately providing the public more time to prepare for severe thunderstorm events and more specific information about what type of severe weather to expect.

Click this link for the full story:  http://www.noaanews.noaa.gov/stories2005/s2460.htm

 

Development fund sought to aid weather ventures

Supporting the state's weather industry could create 1,000 new weather-related jobs paying twice the state's average income, the governor's team has estimated. Courtesy of The Norman Transcript

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OfficeMax's Sales Center Expansion Brings Jobs to Norman

"The Norman community has long provided a supportive environment that has helped us grow our business, associates and local facility.  We are pleased to bring additional economic value to the area, and we look forward to playing a greater positive role in the community." By OfficeMax(R) Incorporated

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Capital Poor, Aspiration Rich

“It’s extremely hard,” Klososky said of winning over venture capitalist.”  “It’s a very specific game. There are very specific rules. There is no one that teaches you how to play the game. You learn by playing and failing at it a couple times.” Courtesy of the OKC Business

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Web, Email, & Print Marketing… What More Could You Ask For?…

If you’ve searched the Internet lately, you know there are far too many sites to search through, that even the never-ending O’s in Google become annoying.  A professional presence on the web is no longer optional for successful companies. By Christin Forney

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We’re Connecting Norman

The Norman Economic Development Coalition is pleased to introduce www.ConnectNorman.net a new web site designed to provide information and services for our community.  By Christin Forney

Click here to read the full story

 

There’s Plenty of Activity In Norman Business Park

The concrete trucks are beating a path to the Norman Business Park along SH 9 on Norman’s southeast side. Albon Engineering and Manufacturing has begun construction of its plant. Office Max, formerly Boise Cascade, recently began work on a 10,400 square foot addition. Immuno Mycologics Inc., a medical testing company, also has started construction in the business park. Courtesy of The Norman Transcript

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Growing Apartment Brokerage Wants Another 20

The Norman apartment market began to heat up in 2000. “We’re now seeing a lot of student housing built in Norman. Another big trend is the large number of California, Dallas and Houston buyers. Probably 80 percent of apartment purchases in the last two years have been by California buyers. It’s a perplexing trend because rents are not as high here.”  The Norman apartment markets bound to cycle, and when that occurs “the next trend will probably be what these California buyers do with their properties, Buehl. Courtesy of The Norman Transcript

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More Chain Links in Metro

“Norman is a booming area. It’s right in the thick of things,” Allen said. “Our real estate people are good at findings areas. When I saw the site, it was obvious to me that, wow, what a great location.” Courtesy of the OKC Business

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Take Out Food Gets New Meaning

Several downtown restaurants want to invite their customers outside. A new city policy will allow Norman restaurants to create outdoor dining spaces on their sidewalks, space permitting. Courtesy of The Norman Transcript

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Café Athena Calling All Sweet-tooths To New Bakery

Debra VanWagner liked where she worked so much, she bought the business. “I live here and visit home. I’m up at 5, gone by 8 and here everyday, all day. I’m home by 9 or 10. “Sleep is greatly overrated.” Courtesy of The Norman Transcript

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FYI: Newsletter subscription

If you would like to subscribe to NEDC’s e-digest please e-mail News and include your name and e-mail address. In addition, the e-digest is archived on NEDC’s website under news.

 

Economic Indicators

Provides important statistics regarding the economy of Norman, including unemployment figures, city and use sales taxes, and building permits.

Click here to view the chart

 

Need Space?
NEDC currently has office space in eTec, NEDC’s business incubator. The incubator provides shared services such as a fax machine, copier and mailroom, and a conference room equipped with video teleconferencing capabilities.  An application can be completed online at www.etecok.com. Preference is given to high-tech start-up companies.

Click here for a tour of eTec

 

Progress of the National Weather Center on OU’s south campus
A camera has been installed to capture the daily progress of the National Weather Center on south campus. The University of Oklahoma (OU) and the National Oceanic and Atmospheric Administration (NOAA) are constructing the National Weather Center to provide a consolidated, state-of-the-art facility for research, operations, education, and training.

Click here to see footage

 

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The Norman Economic Development Coalition is dedicated to expanding the economic base of the Norman community and enhancing the earning opportunities of area residents by retaining and expanding existing business and industry as well as attracting desirable new employers that are consistent with Norman’s high quality of life.

The Norman Economic Development Coalition is a joint venture of the University of Oklahoma, the City of Norman and the Norman business community through the Norman Chamber of Commerce.

Jacquelyn Potvin

Norman Economic Development Coalition

710 Asp Ave., Ste. 100

Norman, OK 73069

www.nedcok.com

news@nedcok.com

405.573.1900