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Atlanta Area Industrial Brokers Site Selection Consultants November 2011 North Carolina’s SoutheastEconomic Development Partnership
INDUSTRY CLUSTERS 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
MAP OF NCSE MID-ATLANTIC PROXIMITY 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 NORTH CAROLINA’SSOUTHEAST REGION 11 Counties > 7,500 Sq. Miles > 1.08 M Population > 500,000 In Workforce
NCSE KEY REGIONAL ASSETS •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
NC PORT AT WILMINGTON •North Carolina Port Enhancement Zone Legislation
MARKETING RESULTS FY 2011 Project Leads 116 Projects 95 Visits 48 Recommendations 74 • 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
LEAD GENERATION SOURCES Projects by Source 6% 16% Ally 43% Web Trade Show Consultant Call-in 20% 15%
INDUSTRY SECTOR ACTIVITY Projects by Industry Sector Other 12 Metalworking 13 Energy 21 Distribution & Logistics 3 Defense 6 Building Products 5 Boatbuilding 3 Biotechnology 1 Agri-Industry & Food Processing 21 Aviation/Aerospace 7 Advanced Textiles 4 0 5 10 15 20 25
REGIONAL INITIATIVES •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
ACTIVITY GROWTH •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 PIPELINE 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
What can North Carolina’s Southeast do to help you land companies in Southeastern North Carolina? North Carolina’s Southeast Steve Yost - Director Joe Melvin - Director of Business Development Bart Richardson-Research Developer