Kokomo Tribune; Kokomo, Indiana


November 17, 2013

Grissom officials tout base's impact

Facility injected $118 million intolocal economy.

Officials at Grissom Air Reserve Base say the base, which employs 2,600 people, is a major economic driver for the region.

The Air Force’s 434th Air Refueling Wing, based out of Grissom, recently announced Grissom had a more than $118 million economic impact on the local economy in the 2013 fiscal year.

“Grissom is a huge part of this community, and we are proud of that fact,” said Col. Don Buckley, 434th Air Refueling Wing commander. “Because of our important mission, we injected over $118 million into the local economy last year, and in return, the community provides us with hardworking, mission-focused personnel ready to get the job done to keep America safe.

“On top of that, the community is extremely supportive of the military,” Buckley continued. “It truly is a win-win for all involved.”

Jim Tidd, Miami County Economic Development Authority director, agreed with that assessment.

“As the largest employer, Grissom has a tremendous positive impact on not only the local economy, but on the regional one as well,” said Tidd. “That’s something we can’t take for granted.”

The base contributed more than $70 million in military and civilian payroll alone last year.

On top of that, Grissom, in many aspects, is like a small city, with its own fire and police departments, store, workers, families and community. And, like any city, the base purchases goods, services, utilities, office supplies, fuel and equipment from the civilian community.

Through those purchases last year, the base contributed more than $23 million to the economy.

And, as with any major employer, indirect jobs are created in the communities that support the base, said Jason Dunn, 434th ARW comptroller.

Last year, the value of those jobs created reached over $23 million.

“From the contractors that are able to get work there to the members of the 434th ARW buying goods and services in our community, there’s no doubt Grissom has a huge impact on our local economy,” concluded Tidd.

Grissom is home to not only the 434th ARW, the largest KC-135R Stratotanker unit in the Air Force Reserve Command, but also three Army Reserve units and a Marine Corps communication detachment.

Text Only | Photo Reprints
  • Business briefs, April 13, 2014 Farm Bill disaster assistance Farmers can sign-up for disaster assistance programs, reestablished and strengthened by the 2014 Farm Bill, beginning Tuesday, Howard County Farm Service Agency Executive Director Lisa A. Wooten announced. The Livestock

    April 13, 2014

  • Reality not built on press releases John Quill made his annual spring appearance last week and may stick around for another few weeks. As we enjoyed a relatively warm afternoon on the deck, he asked: "What do you think about the state of the state now?" "Unchanged," I said. "Impossibl

    April 13, 2014

  • Next year's high-skilled visas snapped up in days WASHINGTON (AP) — Businesses seeking highly skilled workers from overseas took less than a week to snap up all 85,000 visas available for next year, the U.S. Citizenship and Immigration Services announced Monday. The agency had been accepting applic

    April 7, 2014

  • California firm acquires Zuna Infotech Newark, Calif. information technology firm Systems in Motion has acquired Kokomo-based Zuna Infotech, setting the table for a potential local business expansion. Systems CEO Neeraj Gupta, said the San Francisco-area firm's expansion model is looking

    March 30, 2014

  • The ideological battle continues The ideological battle continues By Morton Marcus Syndicated columnist

    March 30, 2014

  • BIZ - KT032314 - footgolf pic 3 Coming to Tipton Municipal: Footgolf The number of golfers keeps declining and the sport's gatekeepers haven't been able to find an answer for more than a decade. So the board at the Tipton Municipal Golf Course is embarking on an experiment, hoping the brand new sport called "footgolf"

    March 23, 2014 3 Photos

  • Wal-mart price match [Duplicate] Wal-Mart's new tool gives competitors prices NEW YORK (AP) — The "Every Day Low Price" king is trying to shake up the world of pricing once again. Wal-Mart told The Associated Press that it has rolled out an online tool that allows shoppers to compare its prices on 80,000 food and household pr

    March 21, 2014 1 Photo

  • BIZ-PT031614 maple grove2.jpg [Duplicate] Bursting at the seams: Maple Grove expands GALVESTON -- Maple Grove Distributing is running out of space. It's a race against time for the company to finish its new warehouse, which will add about 6,900 square feet of space for the company's stock of small engine parts. The distributor is app

    March 16, 2014 4 Photos

  • Business briefs, March 16, 2014 First Farmers declares dividend First Farmers Financial Corp. (OTCQB:FFMR), the parent company of First Farmers Bank & Trust Co., announced Wednesday the Board of Directors approved a quarterly cash dividend for the first quarter of 2014 of $0.23 pe

    March 16, 2014

  • Eric Heathers BIZ BRIEFS Business briefs, March 9, 2014 Dr. Eric Heathers receives company award Great Lakes Caring Hospice and Home Health presented to Dr. Eric Heathers, Kokomo, the 2013 Award for Excellence for providing quality care to residents and patients. He received this award from over 1,200 ca

    March 9, 2014 1 Photo

Latest news
Featured Ads
Only on our website
AP Video

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Kelly Lafferty's video on Tom Miller