Teton Regional Economic Coalition Inc

TO DEVELOP A STABLE AND DIVERSE ECONOMY BY RETAINING, STRENGTHENING, AND RECRUITING BUSINESSES IN TETON VALLEY.

EXISTING BUSINESS SUPPORT: 1)HELPED BLIXT AND CO. EVALUATE EMPLOYEE HOUSING OPTIONS. THEY PURCHASED THE BIG HOLE BUNK HOUSES. 2)SHARED LOCATION OPPORTUNITIES WITH NEW WEST KNIFEWORKS AND OTHERS. THEY HAVE PURCHASED A HIGHWAY FRONTAGE LOT IN VICTOR AND ARE PLANNING A RETAIL STORE WITH EMPLOYEE HOUSING ABOVE. THEY ALSO ARE BEGINNING A MAJOR EXPANSION OF THEIR PRODUCTION FACILITY. 3)FISHER CREATIVE AND FITZGERALD'S BICYCLES CELEBRATED THEIR NEW SPACES IN VICTOR WITH A HUGE BLOCK PARTY. 4)LODGING SALES DOUBLED SINCE 2020. THIS VISITOR INFLUX IS GOOD FOR BUSINESS, AND NOW WE ARE SEEKING TO MITIGATE THE DOWNSTREAM EFFECTS OF UNAFFORDABLE HOUSING AND TOO FEW WORKERS.

OTHER TREC ACCOMPLISHMENTS: 1)CREATED MARKETING COUNCIL TO ADDRESS & REVAMP VISITOR MESSAGING 2)DELIVERED NEW "DISCOVER TETON VALLEY" BROCHURE 3)SHIFTED SPENDING FROM PUBLICATION ADVERTISEMENTS TO THE NEW WEBSITE, SPONSORSHIPS, AND MEASUREMENT TOOLS.

NEW BUSINESS DEVELOPMENT: 1)GIVE'R GLOVE COMPANY PURCHASED THE WILDWOOD ROOM IN VICTOR FOR PRODUCT FINISHING AND FULFILLMENT. THEY AIM TO EMPLOY 20 BY JUNE 1 AND 70 BY 2024 AND WILL INCLUDE SOME EMPLOYEE HOUSING ON THE PROPERTY. 2)AFTER ALMOST EIGHT YEARS OF WORK, KELSON CYCLES HAS PURCHASED LAND UPON WHICH THEY WILL BUILD A LIVE-WORK FACILITY TO MANUFACTURE CUSTOM CARBON FIBER BIKES AND FRAME COMPONENTS. 3)HELPED STARTUP, ARTISAN E-LEARNING, FIND OFFICE SPACE, TALENT, AND TEMPORARY BOARD ROOM EQUIPMENT.

IN 2021, TREC LAUNCHED A MAJOR WEBSITE REBUILD TO ACHIEVE THREE GOALS: 1)REACH AND APPEAL TO A GREATER AUDIENCE 2)BETTER SHOWCASE WHAT TETON VALLEY HAS TO OFFER 3)FACILITATE ACCESS TO USEFUL RESOURCES AND INFORMATION