


| NEWS BLOG |

| Loveland's Independent News Source |
| Reference Documents 1. City of Loveland Staff Report for Planning Commission regarding Amendment 9 2. Promenade Shops' Attorney letter to City of Loveland objecting to the proposed changes |
| Loveland Developer Ed Klen See comments by Ed Klen |
| Loveland Planning Commissioner Buddy Meyers 1. See Buddy Meyers comments 2. See Trenary questions to Buddy Meyer |
| Woodward To Invest $200 Million in Loves Park, IL While cities in Northern Colorado were looking to attract Woodward Inc. headquarters, the states of South Carolina, Wisconsin and Illinois were competing to land the company's newest design and manufacturing facility. The high-stakes competition for Woodward's aerospace division which makes energy control and optimization systems mostly for aircraft resulted in a $200 million facility being announced last August for the incumbent city, Loves Park, Illinois. The new plant will transfer some 1,500 existing employees from the current Love's Park facility built in 1940 along with an additional 660 employees from other locations. By 2021 the company expects to double that number to 4,000 high-tech aerospace manufacturing jobs in the Rockton, Illinois area. The new 60 acre facility will provide 300,000-square-ft. of production facilities and offices. Woodward has told employees the move will occur by late 2013. Like their Ft. Collins headquarters move, Woodward courted two alternative sites while finally selecting the incumbent city by moving only a short distance likely as a convenience to its employees. Woodward's roots are deep in the Rockton area of Illinois where the company was founded over 100 years ago. While the company is now headquartered in Ft. Collins, many of its senior executives emanate from Illinois where they first started with the company. After rumors of significant lay-offs in 2009 during the country's great recession, Woodward reported annual sales in 2011 at $1.71 billion up from $1.43 billion on 2009. As a first tier supplier to Boeing and Airbus, the company brags nearly every commercial aircraft built in the world will contain Woodward parts by 2016. None of those parts will be manufactured in Loveland. |
| Woodward: When The Exception Makes the Law |
| * The Millennium GDP is the governing document for future developments within the PUD (Planned Unit Development) of Centerra which acts instead of zoning restrictions used in other parts of Loveland. McWhinney's Centerra development contains 2,916 acres within the PUD. Any future developments within this area are governed by the Millennium GDP which McWhinney is seeking to change in many aspects under the name of "Amendment 9." |
