Atlanta Consultant Presentation

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Atlanta Area Industrial Brokers Site Selection Consultants November 2011 North Carolina’s Southeast Economic Development Partnership

Transcript of Atlanta Consultant Presentation

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Atlanta Area Industrial BrokersSite Selection Consultants

November 2011

North Carolina’s SoutheastEconomic Development Partnership

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Mission: Provide strong economic development leadership in southeastern North Carolina through innovative marketing and collaborative regional initiatives that will create new jobs, generate capital investment, and secure new business locations.

Since 1996… • 8,626 industry jobs created• $904M private investment• 105 industry locations• $1 state appropriation = $64 private investment

INDUSTRY CLUSTERS

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North Carolina’s Southeast is centrally located on the east coast.

• The longest east-west and north-south interstates in the country (I-40 and I-95)•Four international ports within two hundred miles•Access to 2/3 of the country’s population within a two day drive•Five airports with adjacent industrial sites and three with uncontrolled air space.

MAP OF NCSE MID-ATLANTIC PROXIMITY

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MAP OF NORTH CAROLINA’S SOUTHEAST REGION

11 Counties > 7,500 Sq. Miles > 1.08 M Population > 500,000 In Workforce

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FORTUNE 500 COMPANIES

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• NC Port at Wilmington• Fort Bragg & military presence• Transportation/distribution access• Agricultural base • Diversified manufacturing/industry base• Expanding entrepreneurship base• 3 State Universities & 2 private colleges• Community Colleges• I-40, I-95, and I-74• 2 International Airports

NCSE KEY REGIONAL ASSETS

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• North Carolina Port Enhancement Zone

Legislation

NC PORT AT WILMINGTON

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PORT OF WILMINGTON GROWTH

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BUSINESS COMMUNITY

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NCSE’s STRATEGIC LOCATION FOR AVIATION AND AEROSPACE

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DEFENSE SECTOR

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POPULATION GROWTH

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COMMUTER PATTERNS 2009

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COST OF LIVING 2010

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AVERAGE WEEKLY WAGES

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Leads 116 Projects 95 Project Recommendations 74 Visits 48

• 74 of 95 projects (72 Generated, 23 Assisted) had recommendations of one or more counties

• 48 projects visited the region or met with NCSE staff at company location

• Projects represent 8,953 potential jobs and $ 2,280,129,500 potential investment

• 58% of projects that needed port and/or rail visited the region

• Average employment per project was 105 jobs and average investment per project was $ 26,825,053

MARKETING RESULTS FY 2011

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43%

15%

20%

16%

6%

Projects by Source

AllyWebTrade ShowConsultantCall-in

LEAD GENERATION SOURCES

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Advanced Textiles

Aviation/Aerospace

Agri-Industry & Food Processing

Biotechnology

Boatbuilding

Building Products

Defense

Distribution & Logistics

Energy

Metalworking

Other

0 5 10 15 20 25

4

7

21

1

3

5

6

3

21

13

12

Projects by Industry Sector

INDUSTRY SECTOR ACTIVITY

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• Distribution & Logistics Initiative

• Defense and Security Contracting Marketing

• Aviation/Aerospace Industry Sector

• Bio-Fuels Center of NC

• NC Biotechnology Center

• Woody Biomass Analysis

• Regional Workforce Analysis

REGIONAL INITIATIVES

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• Entrepreneurship & Small Business Development

• Regional Loan Program

• International Marketing

• Specialized Sub-Regional Marketing

• Enhanced Value Added Services to Counties

• Redesigned and More Robust Website

ACTIVITY GROWTH

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Project Industry Jobs Investment

Toybox Defense 160 $ 75,000,000

Triumph Energy 100 $170,000,000

Class Energy 80 $150,000,000

Sneaker Manufacturing 200 $ 50,000,000

PA 2 Defense 50 $ 5,000,000

Jerry Aviation/Aerospace 150 $ 20,000,000

Rodeo Food Processing 25 $ 1,000,000

Cover Metalworking 25 $ 3,000,000

Apollo Agri-Business 50 $ 5,000,000

General Defense 230 $10,000,000

Totals 1070 $ 489,000,000

ACTIVITY PIPELINE

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What can North Carolina’s Southeast do to help you land companies in

Southeastern North Carolina?

North Carolina’s SoutheastSteve Yost - Director

Joe Melvin - Director of Business DevelopmentBart Richardson-Research Developer