2012 Spring Meeting
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Transcript of 2012 Spring Meeting
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GREATER STATESVILLE COMMITTEE OF 100
SPRING 2012
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1Q – Strong Client Activity
• Good Project Activity; Numbers Down, Quality Up
• Site Selection Magazine No. 1 Micropolitan Ranking
• Special Announcement• Business Development Missions• New Office Ribbon-Cutting
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Project Activity
J F M A M J J A S O N D0
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2011
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Project Activity
J F M A M J J A S O N D0
5
10
15
20
25
30
2011
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No. 1 Micropolitan
• Site Selection Magazine
• “Consistent Performer”– 2012 #1 Micropolitan
– 2011 #2 Micropolitan
– 2010 #1 Micropolitan
– 2009 #1 Micropolitan
– 2008 #2 Micropolitan
– 2007 #1 Micropolitan
2006 #1 Micropolitan2005 #1 Micropolitan2004 #8 Small Town2003 #2 Small Town2002 #2 Small Town 2001 #1 Small Town2000 #1 Small Town1999 #2 Small Town
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No. 1 Micropolitan
• Site Selection Magazine
• “Consistent Performer”– 2012 #1 Micropolitan
– 2011 #2 Micropolitan
– 2010 #1 Micropolitan
– 2009 #1 Micropolitan
– 2008 #2 Micropolitan
– 2007 #1 Micropolitan
2006 #1 Micropolitan2005 #1 Micropolitan2004 #8 Small Town2003 #2 Small Town2002 #2 Small Town 2001 #1 Small Town2000 #1 Small Town1999 #2 Small Town
No. 1 Micropolita
nSix of the Last Eight
Years
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No. 1 Micropolitan PresentationMike Smith, Ron Starner and Dr. Steven Binder
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Top Groups PresentationMike Smith and Mark Arend
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Top Groups PresentationMike Smith and Mark Arend
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116 North Center Ribbon CuttingMike Smith, Costi Kutteh and Steve Johnson
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Business Development
IAMC
FONC
CRPFONC
NCEDA
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Business Development
• IAMC Professional Forum• Theme: Growing Manufacturing in
America• J. Michael Mullis• Factors Driving the Renaissance of
Manufacturing in U.S.
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Business Development
•Key Factors That Initially Drove U.S. Industry Overseas– Cheap Labor– Cheap Fuel– Strong U.S. Dollar
•Then Came The Global Financial Crisis Starting 2007– Curtailed expenditures – Debt reduction– Employment rightsizing – Human capital talent improvements
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Business Development
• Re-Analysis Of Doing Business Abroad – Fact of mismanaged supply chain decisions that
created many new projects overseas – “Labor savings only” justified the moves
– “Price Variance” factor measurement – cheapest way to manufacture without any consideration for numerous ancillary costs
– Realization that the total cost of doing business overseas has been significantly under-estimated (Supply Chain Management Organization
•
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Business Development
• Key Assumptions For Manufacturing Return To The U.S. – Raw materials same cost– Cost to buy automation is the same– Cost to finance capital is the same – Logistics cost favor the U.S. – Labor cost differential is less, but the
range is lessening
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1Q - Announcements
• Mikan Printing– New Company Opened Sales & Marketing
Office
• Origin Foods– New Manufacturing Facility
• Pratt Industries– Relocated Logistics Operation from Salisbury
• ThorLo, Inc.– Added New Equipment
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1Q Announcements
• Summary - Good Start!
– Four Major Announcements– $8.25 Million in New Capital Investment– 65 New Primary Jobs Created– 180,000 Square Feet of New or Reused
Space
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1Q - BR|E Highlights
• 51 Visits to Existing Industry • Expansion Activity is Unprecedented• 22 Cases Referred to Local, County
and State Partners• Iredell Manufacturers Council
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Existing Industry Visits
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Existing Industry Cases
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Cases by Type
UTILITIES
LEGAL
TRAINING
MARKETING
OTHER
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1Q – Unprecedented Activity
• Currently Working Three Major Expansion Projects
• Project Real, Project BAR123 and Project Gavroche
• Have Gone or Will Go to City Council and County Commission on these projects within next 30 days
• $100 Million+ New Capital Investment Over 5 Years
• 75% Chance All Three Projects Will Happen and Will Announce by End of July
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Iredell Manufacturers Council
• Joint Venture with Mooresville-South Iredell EDC and Mitchell Community College
• Met February 27th at Kyle Busch Racing
• Best attended meeting since inaugural, 40+
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Marketing Highlights
• Print Advertising• On-line Advertising• Media Relations
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Site Selection Ad
Joint ad with Mooresville-South Iredell EDC and Charlotte Regional PartnershipHalf-page/Color
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2012 Annual Report
“Industrial” Theme
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Online PromotionPrint Ads Also Have Online ComponentWebsite/Social Media
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StatesvilleRegion.com
J F M A M J J A S O N D0
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Media Relations
• Continue to maintain an excellent relationship with local radio, television and print media
• Mike Smith discussed economic development on WSIC
• Feature story in R&L about John Marek• Coverage of our new office, No. 1
Micropolitan award and new and expanding industry announcements
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THANK YOUFor Your Continued Support
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Today’s Guest SpeakerNorth Carolina State Senator
Chris Carney