The EDA Center | at the University of Minnesota  
Research Publications

Listed below are various publications from the EDA Center at the University of Minnesota, Crookston. Publications listed come from projects EDA Center faculty and staff have completed, works published in magazines/journals and technical assistance requests. Technical assistance requests are typically planning, research or technical projects that have a direct or indirect impact on job creation, business development or capital investment. All requests are reviewed by EDA Center staff, as well as the EDA Center Advisory Board; and those requests selected comprise our annual work plan. For more information regarding the EDA Center's RFA process click here.

 

Publications
Emergency Economic Program-City of Ada Elevator
Completed February 2013
Local EDA/Organization: U of M Extension Center for Community Vitality
EDA Center Faculty/Staff: Brigid Tuck-Economic Impact Analyst Rani Bhattacharyya-Extension Educator Neil Linscheid-Extension Educator/Program Manager for Economic Impact Analysis
Project Description: When a fire broke out at the Triple Crown Nutrition elevator and building in Ada on January 3rd, the City of Ada as well as the Triple Crown Nutrition company had to make decisions that would determine the future of the facility. With the support of The EDA Center at the University of Minnesota Crookston, Brigid Tuck, Rani Bhattacharyya, and Neil Linscheid produced an economic impact analysis report to show how a cessation of all operations of the elevator would affect the City of Ada and Norman County. Triple Crown Nutrition company directly employs 12 people with 4 additional people employed by indirect and induced means. If the Triple Crown Nutrition elevator were to completely cease operations, 16 people earning $796,610 would lose their jobs. While the Triple Crown Nutrition elevator is categorized as a “wholesale trade” business, this industry is not the only one to feel the effects of a potential cessation of the elevator. Couriers/messengers, commercial lending, nursing/residential care facilities, and physician/dentist offices will face the largest indirect and induced impacts in employment. Rental activity for owner-occupied dwellings, commercial lending, telecommunications, and real estate establishments will face the largest indirect and induced impacts relating to output. The authors expect negative impact in the area to be mitigated if Triple Crown Nutrition if a portion of the facility remains open and some of the employees are retained. However, if Triple Crown Nutrition does not resume operations of the facility then Norman County and the City of Ada can expect direct, indirect, and induced loses related to output and wages discussed above.
EDA Center Involvement:
Download Report (579KB PDF)

This document was prepared by the University of Minnesota, Crookston under award number 06-66-05709 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.

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