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This profile was last updated on 9/25/14  and contains information from public web pages and contributions from the ZoomInfo community.

George E. Walley

Wrong George E. Walley?

Executive Director

Phone: (573) ***-****  HQ Phone
Email: g***@***.org
Convention & Visitors Bureau
201 N 3Rd St Suite 220
Hannibal, Missouri 63401
United States

 
Background

Employment History

155 Total References
Web References
Missouri Economic Development Council
www.showme.org, 27 June 2013 [cached]
George Walley Executive Director Northeast Missouri Economic Development Council
201 N Third Ste 220 Hannibal, MO 63401 Phone: 573-221-1033 Ext: Fax: 573-221-1033
An out-of-state manufacturing company's ...
www.hannibal.net, 23 Jan 2013 [cached]
An out-of-state manufacturing company's plans to relocate to Hannibal have slowed, according to George Walley, executive director of the Northeast Missouri Economic Development Council (NMEDC). Walley reported at the NMEDC's January meeting that the company has "slowed its time line down a little." The company told Walley earlier this month that it is reassessing the current economic environment in light of last November's election outcome. "They may not make a decision for several more months," wrote Walley in a memo to his board. The company, which Walley said is currently located "within 100 miles of Hannibal," continues to be successful despite the sluggish economy. "They're doing very well and need to expand," he said. Since at least last year the company, whose identity has never been made public, has shown interest in the former DURA North building in southern Hannibal, near U.S. 61. The 107,000 square foot facility has stood idle for over four years. According to Walley, company representatives took another tour of the site in late November. In addition to the former DURA North building, Walley has also suggested to company officials that they consider building in the city's empty industrial park, located adjacent to Highway MM, west of the city. "Since their plans have slowed down I'm proposing it again," said Walley. On another front, Walley reported that last month the state finalized its incentive package to the company.
Two years ago, George ...
www.hannibal.net, 20 Jan 2013 [cached]
Two years ago, George Walley, executive director of the Northeast Missouri Economic Development Council (NMEDC), described the natural gas issue as "almost a deal breaker." For Doyle's move to be finalized a new two-mile natural gas line was needed. The initial estimated cost of the new line was between $450,000 and $500,000, according to Walley, who credited Atmos Energy officials with working to lower the price substantially. Spring forward to late 2012. Walley reported to members of the NMEDC Board Wednesday that a lack of natural gas had negatively impacted the region's ability to compete. "Two rather large projects looked promising but we were eliminated due to some specific engineering issues and a shortage of natural gas," wrote Walley, adding that the "natural gas issue only applies to extremely large consumption projects" and the projects the area failed to make the cut in "used enormous quantities of natural gas." Walley told the group that he has been in contact with Panhandle Eastern Pipe Line Company regarding local "capacity issues" and possible solutions.
Gas supply
The entire supply of natural gas for Northeast Missouri comes from a spur line that splits from the main trunk line at Laddonia. The spur line ends in Quincy, Ill. According to Walley, the spur line is at least 50 years old and possibly older. Because of the pipeline's age it cannot accommodate natural gas under very high pressure. Walley says a company official has indicated a study is in the works to determine how much more natural gas the spur can safely accommodate. What would a new gas line cost? Walley's estimate was likely "tens of millions." Tapping into another pipeline isn't an option, either. "We are surrounded by gas lines (in other states), but only five or six run through the whole state (of Missouri)," said Walley.
...
Walley likened the region's dilemma to a "chicken-and-egg" scenario. "They (Panhandle officials) say we must have the project in hand," but companies looking to move want a natural gas guarantee up front. Walley did report that BASF has offered one of its natural gas experts to help search for possible solutions.
During Wednesday's meeting of the ...
www.hannibal.net, 20 Nov 2013 [cached]
During Wednesday's meeting of the Northeast Missouri Economic Development Council, George Walley, the organization's executive director, reported that on Oct. 23 the project was one of three Hannibal projects that he spoke in behalf of at the MHDC's public hearing in Columbia.
George Walley, executive ...
www.hannibal.net [cached]
George Walley, executive director of the Northeast Missouri Economic Development Council, reported the interest at the Council's recent meeting at city hall. "A manufacturer who met with me last year regarding the DURA North building has made contact with the state for additional information," wrote Walley in a memo to the group. "The company is currently evaluating whether it can meet the wage level requirements of the new Missouri Works incentive program." Walley explained that because the state has a limited amount of money available to use in attracting new industries, it requires that companies meet certain "minimum bars" to qualify. Regarding the company that is now interested in the building, Walley said it is "right on the edge" in regard to being eligible for state incentives. In January, Walley reported an out-of-state manufacturing company's plans to relocate to Hannibal had cooled. Since at least 2012 the company, whose identity has never been made public, has shown interest in the former DURA North building. DURA ceased production in the 107,000 square foot building in late 2008. Another project Walley also reported that an advance manufacturing project, which for an extended period of time had looked at this region among many others throughout the country, has recently come back and reported this is its primary evaluation site. "It is very complex with most of the analysis and discussion occurring outside our sphere of influence," wrote Walley in a memo to the Council.
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