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This profile was last updated on 1/23/15  and contains information from public web pages and contributions from the ZoomInfo community.

George E. Walley

Wrong George E. Walley?

Executive Director

Local Address: Hannibal, Missouri, United States
MemberFindMe
 
Background

Employment History

161 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
George Walley, executive ...
www.hannibal.net [cached]
George Walley, executive director of the Northeast Missouri Economic Development Council, reported that Hannibal Regional Hospital has offered assistance in producing the testimonials.
...
"After Thanksgiving you'll be noticing an increase in content," said Walley.
"There are currently 24 or so ...
www.hannibal.net [cached]
"There are currently 24 or so certified sites which is still an exclusive club compared to the hundreds of properties around the state," said George Walley, executive director of the Northeast Missouri Economic Development Council.
...
"In short, the message to the developer is this is truly a shovel-ready site and the timeline for a client to be in production is as short as it can be," added Walley. If the goal of being designated a certified site is achieved, a secondary goal would also be reached. "In our business of marketing the property and community, site consultants make clear to us that their job is more a task of elimination than selection. The goal is to make the short list for a site visit," said Walley. "In face-to-face interviews with these consultants, I have heard them say that they will often keep a community on the list, even if all the requirements of the project are not quite perfect, if the site is certified because they know that certification means the best project timeline and the least unknown information." Application process The process of preparing the certified site application, which is due by the end of October, began in August 2013 as part of a scope of work included in a contract the BPW hired Klingner & Associates to perform. Page 2 of 2 - "George Walley originally recommended we go through this site certification exercise," said Stevenson.
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Walley is more bullish in his optimism regarding the application's chances in Jefferson City. "I have no doubt that it will be approved," he said.
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.
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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.
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