NC STEP Leadership Team          St. Paul’s NC    North Carolina’s SoutheastEconomic Development Partnership
CHARACTERISTICS OF A DYNAMICREGION      1.12 M Population > 12% growth since 2000 > 545,000 In Workforce
INDUSTRY CLUSTER DEVELOPMENT                                  “Our mission is to provide                                  ...
POPULATION GROWTH
NCSE KEY REGIONAL ASSETS                •NC Port at Wilmington                •Fort Bragg & military presence             ...
REGIONAL ECONOMIC CHALLENGES • Port competitiveness & modernization • Workforce skills improvement • Global competition in...
MANUFACTURING JOBS
DEFENSE SECTOR
INFRASTRUCTURE
COMPANY PROJECTS BY INDUSTRYSECTOR
PROJECTS REQUIRING PORT AND/ORRAIL
REGIONAL WORKFORCE • Industry is more efficient than ever before -- employs fewer, but   increasingly better paying jobs •...
REGIONAL EMPLOYMENT  • 2011 Regional Employment: 545,400         (Includes: self-employment, private, and public sector)  ...
PROJECTED WORKFORCE DEMAND2011-2016
ECONOMIC GROWTH OPPORTUNITIES • Agriculture & food processing   • Exporting • Distribution                    • Health car...
CONTACT INFORMATION               North Carolina’s Southeast                    707 West Broad Street                   El...
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St paul's nc step presentation

  1. 1. NC STEP Leadership Team St. Paul’s NC North Carolina’s SoutheastEconomic Development Partnership
  2. 2. CHARACTERISTICS OF A DYNAMICREGION 1.12 M Population > 12% growth since 2000 > 545,000 In Workforce
  3. 3. INDUSTRY CLUSTER DEVELOPMENT “Our mission is to 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… •8,637 industry jobs created •$908M private investment •105 industry locations
  4. 4. POPULATION GROWTH
  5. 5. NCSE KEY REGIONAL ASSETS •NC Port at Wilmington •Fort Bragg & military presence •Transportation/distribution access •Agricultural base •Diversified manufacturing/industry base •3 State Universities & 2 private colleges •8 Community Colleges •I-40, I-95, and I-74 •2 International Airports •3 Municipal Airports with uncontrolled airspace
  6. 6. REGIONAL ECONOMIC CHALLENGES • Port competitiveness & modernization • Workforce skills improvement • Global competition in business recruitment • Funding for economic development • Defense funding reductions & sequestration
  7. 7. MANUFACTURING JOBS
  8. 8. DEFENSE SECTOR
  9. 9. INFRASTRUCTURE
  10. 10. COMPANY PROJECTS BY INDUSTRYSECTOR
  11. 11. PROJECTS REQUIRING PORT AND/ORRAIL
  12. 12. REGIONAL WORKFORCE • Industry is more efficient than ever before -- employs fewer, but increasingly better paying jobs • Overall, regional workforce is somewhat under-skilled in some areas to be fully competitive in the global economy • 60% - 70% of jobs in region in next decade will not require traditional four year degree but will require more than a HS diploma • Aligning skills investments with labor market realities is critical • 6.1% of workforce is knowledge jobs and projected to grow 12% by 2018
  13. 13. REGIONAL EMPLOYMENT • 2011 Regional Employment: 545,400 (Includes: self-employment, private, and public sector) • 2006- 2011 Employment Growth: 3% • 2011-2016 Employment Growth (projected): 9% (50,298 new jobs injected into the regional economy)
  14. 14. PROJECTED WORKFORCE DEMAND2011-2016
  15. 15. ECONOMIC GROWTH OPPORTUNITIES • Agriculture & food processing • Exporting • Distribution • Health care services & facility expansion • Re-shoring of manufacturing back to U.S. • Advanced Manufacturing • Small business development • Defense sustainability and defense firm growth • Existing industry growth and sustainability
  16. 16. CONTACT INFORMATION North Carolina’s Southeast 707 West Broad Street Elizabethtown, NC 28337 www.ncse.org (800) 787-1333 / (910) 862-8511 Steve Yost - Director stevey@ncse.org Joe Melvin - Director of Business Development joem@ncse.org Bart Richardson- Marketing Research Manager bartr@ncse.org
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