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Taiwan Delegation in NKY

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Taiwanese Delegation considering Northern Kentucky for new business

Taiwanese Delegation considering Northern Kentucky for new business

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  • 1. NORTHERN KENTUCKY REGIONAL ECONOMIC DEVELOPMENT Taiwan Delegation June 25, 2010
  • 2. Northern Kentucky Tri-ED Mission Build a world-class economy in Northern Kentucky through the expansion of existing businesses and the creation and attraction of high quality, primary industry employers.
  • 3. Northern Kentucky Tri-ED Region • 419,700 population • 8% of KY’s population • 17% of the Cincinnati MSA population • Within 600 miles of more than half of America’s manufacturers and consumers
  • 4. Regional Economic Development 1987 - 2010 • $4.7 billion in capital investment • 490 companies attracted to/ expanded in the region • 48,277 primary jobs created 5-Time Winner of Site Selection’s “Top Ten U.S. Development Group” Award
  • 5. Northern Kentucky Tri-ED Target Industries Professional Office Operations Corporate headquarters, sales offices & technical support centers High Engineering Content Manufacturers Industrial equipment & machinery, advanced materials, test & measurement equipment and medical equipment Technology Oriented Projects R & D, data centers, knowledge-based projects
  • 6. Cincinnati USA Partnership To Whom Do We Market? Established Industry Clusters •Aerospace •Automotive •Chemistry & Plastics •Financial Services Emerging Industry Clusters •Advanced Energy •Consumer Products/Creative Services •Information Technology •Life Sciences
  • 7. Vision 2015 The Power of Six - Each of these areas is dependent on the others for propelling our community forward and transforming our region.
  • 8. Vision 2015–Economic Competitiveness 1. Develop economic competitiveness strategy fully integrated with Cincinnati 2. Focus on highest growth potential industry sectors for high-paying jobs 3. Make entrepreneurship & innovation defining qualities of region 4. Create and implement a regional marketing plan and consistently promote to internal and external audiences 5. Connect our region by creating an electronic public platform for commerce, education and communication 6. Align college and university programs/resources to support overall economic competitiveness
  • 9. Regional Coordination & Partnership
  • 10. Improvements in Major KY Incentives Reinvestment in Manufacturing Facilities Kentucky Business Investment Program (KBIP) Kentucky Enterprise Initiative Act
  • 11. Additional Incentives See www.thinkkentucky.com Biofuels Tax Credits Recycling Equipment Credit Small Business Direct Loan Program New Energy Ventures Fund KY Enterprise Fund KY Science & Engineering Grants SBIR/STTR Phase Zero & Double Zero Grants Tax Increment Financing Industrial Revenue Bonds Job Training Grants – BSSC and KY WINS KY Investment Fund
  • 12. Major Northern Kentucky Projects
  • 13. Toyota Motor Engineering & Manufacturing North America NKY Business Company Profile Functions: Capital investment $70 million • Administration • Finance Total Jobs 1,300 • Planning Size 42 Acres & 270,000 SF • HR & IT • Legal • Engineering • Purchasing • Supplier support “When your slogan is ‘moving forward,’ you want to be in a state that is doing just that.” – Jim Wiseman, Vice President
  • 14. • Midwest Regional Campus • World’s largest private provider of mutual fund services with more than $3 trillion in assets. Midwest Region Campus Capital investment +$350 million Total Jobs 3,800 Average Salary $48,000
  • 15. Company has received Kentucky awards totaling nearly $1 million One of the most recognized ezone clients – IT service company providing data infrastructure management to approximately 100 customers – many of which are Fortune 500 corporations Company Profile Revenues $11.9 million Total jobs 89 Average Salary $80,771
  • 16. • Parent company Yamazaki Mazak Corp. is the world’s leading supplier of CNC machine tools • 14th expansion in 30 years in Northern Kentucky Company Profile Capital Investment $170 million Total Jobs 450 Size 90 acres; 557,000 SF
  • 17. • US Headquarters, Manufacturing and R&D facility in Boone Co. • The research facility undertakes polymer development from formulation to scale-up, production and testing. Company Profile Capital Investment $41 million Total Jobs 284 Size 23 acres; 263,600 SF
  • 18. • Regional Headquarters and Manufacturing Center • Formerly known as Cincinnati Milacron • A leading supplier of production machinery for nearly 125 years Company Profile Capital Investment $8 million Total Jobs 490 Size 51 acres; 431,200 SF
  • 19. LAFARGE NORTH AMERICA Nation’s largest diversified construction materials company Expansion of Silver Grove Plant Capital investment $120 million Employees 195 Total square footage 643,350 This facility is the largest drywall plant in North America capable of producing 1,600 million SF of wallboard annually!
  • 20. WILD Flavors • Headquarters and R&D Facility • Developer and manufacturer of flavors, colors & ingredient systems Company Profile Capital Investment $75 million Total Jobs 450+ Size 71 acres; 561,000 SF
  • 21. 2010 Northern Kentucky Thoroughbreds Companies that announced new, start-up or expanded operations in 2009
  • 22. Northern Kentucky – Opportunity Central A place where: Urban excitement meets neighborhood charm International travel options coexist with easy commutes World-class entertainment complements a low cost of living A skilled workforce delivers high productivity & lower operating costs
  • 23. Northern Kentucky – Quality of Life The Best of Urban Living Unique blend of elegant, charming neighborhoods with an urban core Region offers cosmopolitan atmosphere and amenities of large city
  • 24. Northern Kentucky – Transportation An Ideal Location Convenience and accessibility - transportation issues are a distant memory - less time, fewer hassles, more savings.
  • 25. Northern Kentucky Residential Areas The Ascent Residential Real Estate Residential Real Estate Harbor Greene Mansion Hill District
  • 26. Northern Kentucky Regional Attractions Turfway Park Newport Aquarium Riverfest Kentucky Speedway More than 60 Golf Courses
  • 27. Northern Kentucky University $52 million College of Informatics now under construction
  • 28. Manhattan Harbour A $900 MM project consisting of: • 20-Story Condominium Tower • 12 Town Homes • Private Marina Club • 18 Themed Restaurants & Bars • 4-Star Hotel • World Market • Medical Offices • Outdoor Concert Venue
  • 29. OVATION CITY of NEWPORT
  • 30. Cincinnati/Northern Kentucky International Airport With daily domestic and international flights and recently lowered fares, CVG brings comfort and efficiency within reach. Efficiency
  • 31. Newport Aquarium Home to hundreds of different species, and dozens of exhibits, the Newport Aquarium offers an educational adventure for even the most accomplished fish connoisseur. Exciting
  • 32. With world class dinning, professional sports teams and diverse entertainment venues, the problem isn’t what to do today, it’s how much can I fit in… Entertainment
  • 33. Here you will find a spectacular array of culture, with some of the nation’s best-known and oldest performing arts organizations, and more than 100 museums and galleries. Inspire
  • 34. Cathedrals & Basilicas
  • 35. Our region offers a wide variety of urban and suburban housing options allowing our resident to find the house with just the right character. Home
  • 36. So what do you get when you combine a thriving region with diverse culture opportunity, excellent resources and amenities; and where everyone is moving in the same direction? Explosive Opportunity
  • 37. LEXINGTON, KENTUCKY September 25-October 10, 2010 www.alltechfeigames.com
  • 38. Questions?

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