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100 Chestnut Street, Suite 1910, Rochester, NY 14604 / 585-530-6200 / RochesterBiz.com
Greater Rochester, NY




Rochester is the third largest city in New York State

Located on the shores of Lake Ontario in Western NY

The area offers a unique combination of big city
opportunities coupled with a small town lifestyle
Finger Lakes Region

 Finger Lakes Region                                        Population:             1,192,301

                                                            Total Workforce:           619,200

                                                            Geographic Size:
                                                             Comprised of 9 counties in
                                                             Upstate New York:
                                                             Genesee, Livingston, Monroe,
                                                             Ontario, Orleans, Seneca,
                                                             Wayne, Wyoming and Yates




Source: U.S. Census data, July 2008 estimates for population; NYS Dept of Labor, 2010 Annual
Average for workforce
Home to Many Major Corporations
Home to Innovations

Our region has the highest number
   of patents per worker


From mass photography to apple
   juice, many great inventions were   Lens for Mars Rover made in
   created in our region                        Rochester




                                        Power module for Chevy
                                          Equinox fuel cell car
Major Industry Strengths




            Green Tech    Optics and Imaging




 Food and Beverage
   Manufacturing




                         Healthcare/Biotech
Region Emerging as Green Tech
Leader
Biofuels: $90 million investment in ethanol plant in Orleans

Fuel Cells: GM and Delphi fuel cell R&D activity here

Wind: More than 60 local manufacturers have technical
  capabilities to manufacture wind turbine components

Solar: Thin film polymer technology expertise here
Bountiful Food and Beverage
Strengths
100+ food and beverage manufacturers




 #1 wine producing
   region in NYS          Cornell Agriculture & Tech Farm
 with more than 90        established to foster agriculture,
      wineries            food and bio-based technologies
Biotech Industry is Booming
70+ biotech companies located in Greater Rochester Region

Strength in medical device manufacturing,
   biomedical imaging and vision science

University Research and
   Technology Centers
    –   UR to open new Clinical and
        Translational Sciences Center to
        move biomedical discoveries from
        lab to treatments and cures
    –   RIT offers bioinformatics
        programs




                                           Image Related Bio-Markers
World Leaders in Optics and
Photonics
 More than 50 optics companies in Greater Rochester Region
 World-class education, research labs and facilities
    – 55% of optics degrees conferred at UR
    – Infotonics Technology Center
    – UR’s Institute of Optics and Laboratory for Laser Energetics
    – RIT’s Imaging and Photonics Research Lab




                                                    ITT's Digital Camera
Pictometry – Visual Intelligence
                                                      System On Board
                                                      IKONOS Satellite
Competitive Advantages
Size, breadth, and quality of higher education
Proximity to major metropolitan areas without the
  high cost
     Rochester is within 500 miles of 1/3 of the US and
     Canadian population

Availability of Fresh Water
     7% of world’s fresh water is right here
     Other regions of the country envy our water supply

Workforce – “Labor Cubed”
     High caliber – skilled and educated
     Available
     Competitive wages
Quality of Education
 Rochester’s educational environment consistently
           outpaces national averages




 Public high schools ranked in “America’s Best High Schools”
                US News & World Report (2010)

     Eighth Best Mid-sized Metro Area College town in US
            American Institute for Economic Research
             (2010-2011 College Destination Index)

       Ranked 6th for Best Places with Best Education
                       Forbes (2003)
Colleges & Universities
More than 84,000 students and 17,000 graduates per year
                                                                                                                                              De gre e s
                                                                                                            Tota l Enrollm e nt*,
                                                                                                                                             Gra nte d,
     Num be r of
                                     Type                          Colle ge /Unive rsity                                                     2007-2008
       Ye a rs
                                                                                                                  Fa ll 2008                 Aca de m ic
                                                                                                                                               Ye a r
                                                         Hobart and W illiam Sm ith Colleges                         2,078                      408
                                                         Keuka College                                               1,613                      492
                                                         Nazareth College of Rochester                               3,250                      929
                        Private College                  Roberts W esleyan College                                   1,902                      668
                                                         Rochester Institute of Technology                          15,048                     3,501
                                                         St. John Fisher College                                     3,840                     1,041
                                                         University of Rochester                                     9,723                     2,580
                                                         State University College at
  4-Y ear /Grad                                          Brockport                                                   8,275                        2,106
                        Public College
                                                         State University College at
                                                         Geneseo                                                     5,590                        1,219
                        Private Career School            New York Chiropractic College                                840                          239
                                                         Colgate Rochester Crozer Divinity
                                                         School                                                        84                          22
                                                         Northeastern Sem inary                                       112                          34
                                                         St. Bernard's School of Theology
                                                         and M inistry                                                126                           29
  S ub total 4-Year/Grad Institutions                                                                               52,481                        13,268
                                                         Finger Lakes Com m unity College                            5,649                         773
                        Public Com m unity
                                                         Genesee Com m unity College                                 6,732                         660
                        College
  2-Y ear                                                M onroe Com m unity College                                18,138                        2,552
                      Private Business/Career            Bryant & Stratton College                                    686                          151
                      School                             Everest Institute                                           1,101                         300
  S ub total 2-Year Institutions                                                                                    32,306                        4,436

  Tota l, 4- a nd 2-Ye a r Institutions                                                                             84,787                        17,704
  Sourc e: O ffic e of Higher Educ ation Res earc h and Information Sys tems , The Univers ity of the State of New York (J une 2008/Sept. 2008)
  *Inc ludes total full-time, part-time, undergraduate, and graduate enrollment.
Highly-Skilled Workforce
61% of Population has                                             Productivity drivers are high quality
                                                                  labor, high employee retention, low
Some College Education                                            absenteeism, and short commutes to
                                                                  and from work
    Education Attainment of Population
                                                                                     Employer Ratings on Labor Quality
25 Years Plus (Rochester MSA)                           Percent                               (1=poor, 5=excellent)
                                                                                                                               Average
                                                                                           Labor Quality
                                                                                                                                Score
                                                                      Work Ethic                                                  4
High school graduate (incl. equivalency)                 88.6%
                                                                      Willingness to work overtime                                4
                                                                      Productivity compared to that or company’s other sites     3.9
                                                                      Productivity                                               3.9
Highest Level Attained:                                               Overall employer/employee relations                        3.9
                                                                      Punctuality                                                3.6
  High school graduate (incl.                                         Source: RBA/WDG Employer Survey, Winter 2004
  equivalency)                                           27.5%
  Some college, no degree                                18.2%    Absenteeism Annual Rate –
                                                                  •        1.7% or 4 days in Manufacturing Sector
  Associate degree                                       10.9%    •        1.9% or 5 days in All Sectors
                                                                           RBA Annual Turnover / Absenteeism Survey, March
                                                                           2005
  Bachelor's degree                                      18.5%
  Graduate or Professional degree                        13.5%    Average Daily Commute Time -
                                                                  •        22.6 minutes (Rochester MSA)
                                                                           U.S. Census Bureau, 2008 American Community
Source: U.S. Census Bureau, 2008 American Community Survey                 Survey
Intellectual Density Quotient - IDQ
Rochester has a high intellectual density quotient




IDQ is a measurement derived through comparison of a region’s
   population to its ranking in a core list of recognized standards
   of success – providing an assessment of a region’s capacity
   for creativity and problem solving
Rochester outperforms high tech
regions 5 times our size
• More patents per 1,000 worker (2.77) than San Jose
      and Austin

• Greater % of population classified as knowledge
      workforce than Raleigh or Seattle

• Greater % of population enrolled in college than
      Boston or San Francisco

• We are the only community to have best small,
      medium and large company to work for in
      America
Recognizes Rochester
• 3rd Best Place to Raise a Family
  – Cost of living, short commutes and
    affordable housing


• 7th Fastest Recovering City
  – Diversified industry and stable housing


• 14th Most Innovative City
  – Tech and science jobs, creative jobs and
    patents per capita
Additional Recognition
• Business Facilities recognized Rochester;
  One of Editors’ 7 Top Location Picks

   – “IDQ proves that Rochester is a place where smart people live
     and smart businesses grow. A high IDQ creates a contagious,
     pervasive culture of success” (source: Business Facilities, June 2010)


• Businessweek named Rochester the 15th
  Strongest Job Market (July 2010)

• Brookings Institute reports Rochester's
  economy is in the "Top 20 in the Nation“
  (September 2010)
Easily Accessible
Conveniently located within 500 miles of 1/3 of the population of the
  United States and Canada




Easy commute – 22.6 minutes average
Ranked 1st Among 30 Peer Cities For Least Congested Freeway Miles
   (Source: Texas Transportation Institute Urban Mobility Report, 2008)
Exceptional Lifestyle Attainable
by All


                          Third Best Place in U.S. to Raise a Family
                                                         Forbes, June 2010


   Ranked 1st for Quality of Life Among Metropolitan Regions of
                    More Than 1 Million People
                                                Expansion Management, 2007

                                         Rochester MSA        National

 Median Housing Sales Price*                 $119,200        $206,500                                            National
                                                                                                                 $206,500
 Median Family Income**                      $59,827          $58,526                                Rochester
 National Affordability Rank***                 37               -            Rochester                 MSA
                                                                                MSA                   $119,200
 Owner Occupied Housing Units**               69.7%           67.3%                     National
                                                                               $59,827
                                                                                        $58,526
 Median Cash Rent**                            $694            $763
 Homes Affordable for Median Income***        81.5%           55.0%

 Average Household Size**                      2.65            2.71
                                                                             Median Family Income   Median Home Sales Price
Beautiful Scenic Areas



       One of the region’s numerous Finger Lakes
                                        Abundance of Fresh Water
                                        Beneficial for agriculture
                                        Beneficial for recreational sports




Middle Falls at Letchworth State Park
                                          “Best 100 Miles” of the Erie Canal
Four Seasons = Year-Round
Activities



     Magnificent Fall Foliage
                                      Rochester is one of the 10 best
                                      Golf cities in the US
                                      Source: Golf Magazine, November, 2007




                                      Ski resorts
                                less than 1 hour
                                            from
                                      Rochester
Sailing and fishing abound
on numerous regional lakes
Rich Cultural Arts



                                                     George Eastman House
                                                          International
                                                 Museum of Photography and Film




Strong National Museum of Play – one of
 the top 10 best children’s museums in
               the nation


                                             Eastman Theatre, home to
                                          Rochester Philharmonic Orchestra
Rochester Has it All
Highly-skilled and productive workforce
  Renowned universities and research centers
   Rich base of educational resources
      Affordable and exceptional lifestyle
100 Chestnut Street, Suite 1910, Rochester, NY 14604 / 585-530-6200 / RochesterBiz.com

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Welcome to Rochester, NY - 2010

  • 1. 100 Chestnut Street, Suite 1910, Rochester, NY 14604 / 585-530-6200 / RochesterBiz.com
  • 2. Greater Rochester, NY Rochester is the third largest city in New York State Located on the shores of Lake Ontario in Western NY The area offers a unique combination of big city opportunities coupled with a small town lifestyle
  • 3. Finger Lakes Region Finger Lakes Region Population: 1,192,301 Total Workforce: 619,200 Geographic Size: Comprised of 9 counties in Upstate New York: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming and Yates Source: U.S. Census data, July 2008 estimates for population; NYS Dept of Labor, 2010 Annual Average for workforce
  • 4. Home to Many Major Corporations
  • 5. Home to Innovations Our region has the highest number of patents per worker From mass photography to apple juice, many great inventions were Lens for Mars Rover made in created in our region Rochester Power module for Chevy Equinox fuel cell car
  • 6. Major Industry Strengths Green Tech Optics and Imaging Food and Beverage Manufacturing Healthcare/Biotech
  • 7. Region Emerging as Green Tech Leader Biofuels: $90 million investment in ethanol plant in Orleans Fuel Cells: GM and Delphi fuel cell R&D activity here Wind: More than 60 local manufacturers have technical capabilities to manufacture wind turbine components Solar: Thin film polymer technology expertise here
  • 8. Bountiful Food and Beverage Strengths 100+ food and beverage manufacturers #1 wine producing region in NYS Cornell Agriculture & Tech Farm with more than 90 established to foster agriculture, wineries food and bio-based technologies
  • 9. Biotech Industry is Booming 70+ biotech companies located in Greater Rochester Region Strength in medical device manufacturing, biomedical imaging and vision science University Research and Technology Centers – UR to open new Clinical and Translational Sciences Center to move biomedical discoveries from lab to treatments and cures – RIT offers bioinformatics programs Image Related Bio-Markers
  • 10. World Leaders in Optics and Photonics More than 50 optics companies in Greater Rochester Region World-class education, research labs and facilities – 55% of optics degrees conferred at UR – Infotonics Technology Center – UR’s Institute of Optics and Laboratory for Laser Energetics – RIT’s Imaging and Photonics Research Lab ITT's Digital Camera Pictometry – Visual Intelligence System On Board IKONOS Satellite
  • 11. Competitive Advantages Size, breadth, and quality of higher education Proximity to major metropolitan areas without the high cost Rochester is within 500 miles of 1/3 of the US and Canadian population Availability of Fresh Water 7% of world’s fresh water is right here Other regions of the country envy our water supply Workforce – “Labor Cubed” High caliber – skilled and educated Available Competitive wages
  • 12. Quality of Education Rochester’s educational environment consistently outpaces national averages Public high schools ranked in “America’s Best High Schools” US News & World Report (2010) Eighth Best Mid-sized Metro Area College town in US American Institute for Economic Research (2010-2011 College Destination Index) Ranked 6th for Best Places with Best Education Forbes (2003)
  • 13. Colleges & Universities More than 84,000 students and 17,000 graduates per year De gre e s Tota l Enrollm e nt*, Gra nte d, Num be r of Type Colle ge /Unive rsity 2007-2008 Ye a rs Fa ll 2008 Aca de m ic Ye a r Hobart and W illiam Sm ith Colleges 2,078 408 Keuka College 1,613 492 Nazareth College of Rochester 3,250 929 Private College Roberts W esleyan College 1,902 668 Rochester Institute of Technology 15,048 3,501 St. John Fisher College 3,840 1,041 University of Rochester 9,723 2,580 State University College at 4-Y ear /Grad Brockport 8,275 2,106 Public College State University College at Geneseo 5,590 1,219 Private Career School New York Chiropractic College 840 239 Colgate Rochester Crozer Divinity School 84 22 Northeastern Sem inary 112 34 St. Bernard's School of Theology and M inistry 126 29 S ub total 4-Year/Grad Institutions 52,481 13,268 Finger Lakes Com m unity College 5,649 773 Public Com m unity Genesee Com m unity College 6,732 660 College 2-Y ear M onroe Com m unity College 18,138 2,552 Private Business/Career Bryant & Stratton College 686 151 School Everest Institute 1,101 300 S ub total 2-Year Institutions 32,306 4,436 Tota l, 4- a nd 2-Ye a r Institutions 84,787 17,704 Sourc e: O ffic e of Higher Educ ation Res earc h and Information Sys tems , The Univers ity of the State of New York (J une 2008/Sept. 2008) *Inc ludes total full-time, part-time, undergraduate, and graduate enrollment.
  • 14. Highly-Skilled Workforce 61% of Population has Productivity drivers are high quality labor, high employee retention, low Some College Education absenteeism, and short commutes to and from work Education Attainment of Population Employer Ratings on Labor Quality 25 Years Plus (Rochester MSA) Percent (1=poor, 5=excellent) Average Labor Quality Score Work Ethic 4 High school graduate (incl. equivalency) 88.6% Willingness to work overtime 4 Productivity compared to that or company’s other sites 3.9 Productivity 3.9 Highest Level Attained: Overall employer/employee relations 3.9 Punctuality 3.6 High school graduate (incl. Source: RBA/WDG Employer Survey, Winter 2004 equivalency) 27.5% Some college, no degree 18.2% Absenteeism Annual Rate – • 1.7% or 4 days in Manufacturing Sector Associate degree 10.9% • 1.9% or 5 days in All Sectors RBA Annual Turnover / Absenteeism Survey, March 2005 Bachelor's degree 18.5% Graduate or Professional degree 13.5% Average Daily Commute Time - • 22.6 minutes (Rochester MSA) U.S. Census Bureau, 2008 American Community Source: U.S. Census Bureau, 2008 American Community Survey Survey
  • 15. Intellectual Density Quotient - IDQ Rochester has a high intellectual density quotient IDQ is a measurement derived through comparison of a region’s population to its ranking in a core list of recognized standards of success – providing an assessment of a region’s capacity for creativity and problem solving
  • 16. Rochester outperforms high tech regions 5 times our size • More patents per 1,000 worker (2.77) than San Jose and Austin • Greater % of population classified as knowledge workforce than Raleigh or Seattle • Greater % of population enrolled in college than Boston or San Francisco • We are the only community to have best small, medium and large company to work for in America
  • 17. Recognizes Rochester • 3rd Best Place to Raise a Family – Cost of living, short commutes and affordable housing • 7th Fastest Recovering City – Diversified industry and stable housing • 14th Most Innovative City – Tech and science jobs, creative jobs and patents per capita
  • 18. Additional Recognition • Business Facilities recognized Rochester; One of Editors’ 7 Top Location Picks – “IDQ proves that Rochester is a place where smart people live and smart businesses grow. A high IDQ creates a contagious, pervasive culture of success” (source: Business Facilities, June 2010) • Businessweek named Rochester the 15th Strongest Job Market (July 2010) • Brookings Institute reports Rochester's economy is in the "Top 20 in the Nation“ (September 2010)
  • 19. Easily Accessible Conveniently located within 500 miles of 1/3 of the population of the United States and Canada Easy commute – 22.6 minutes average Ranked 1st Among 30 Peer Cities For Least Congested Freeway Miles (Source: Texas Transportation Institute Urban Mobility Report, 2008)
  • 20. Exceptional Lifestyle Attainable by All Third Best Place in U.S. to Raise a Family Forbes, June 2010 Ranked 1st for Quality of Life Among Metropolitan Regions of More Than 1 Million People Expansion Management, 2007 Rochester MSA National Median Housing Sales Price* $119,200 $206,500 National $206,500 Median Family Income** $59,827 $58,526 Rochester National Affordability Rank*** 37 - Rochester MSA MSA $119,200 Owner Occupied Housing Units** 69.7% 67.3% National $59,827 $58,526 Median Cash Rent** $694 $763 Homes Affordable for Median Income*** 81.5% 55.0% Average Household Size** 2.65 2.71 Median Family Income Median Home Sales Price
  • 21. Beautiful Scenic Areas One of the region’s numerous Finger Lakes Abundance of Fresh Water Beneficial for agriculture Beneficial for recreational sports Middle Falls at Letchworth State Park “Best 100 Miles” of the Erie Canal
  • 22. Four Seasons = Year-Round Activities Magnificent Fall Foliage Rochester is one of the 10 best Golf cities in the US Source: Golf Magazine, November, 2007 Ski resorts less than 1 hour from Rochester Sailing and fishing abound on numerous regional lakes
  • 23. Rich Cultural Arts George Eastman House International Museum of Photography and Film Strong National Museum of Play – one of the top 10 best children’s museums in the nation Eastman Theatre, home to Rochester Philharmonic Orchestra
  • 24. Rochester Has it All Highly-skilled and productive workforce Renowned universities and research centers Rich base of educational resources Affordable and exceptional lifestyle
  • 25. 100 Chestnut Street, Suite 1910, Rochester, NY 14604 / 585-530-6200 / RochesterBiz.com