MEM - CDG: In Perfect Alignment

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Greater Memphis Chamber senior vice president of economic development Mark Herbison presents to French officials representing Charles de Gaul Airport in Paris, France.

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MEM - CDG: In Perfect Alignment

  1. 1. Bienvenue á Memphis Presentation Title: “MEM – CDG: In Perfect Alignment” Presented by: Mark Herbison Senior VP, Economic Development Greater Memphis Chamber Monday, 29 March 2010
  2. 2. Meeting Objectives 1) Launch a collaborative relationship between the two Aerotropoli 2) Share the MEM experiences & plans with our friends from CDG 3) Learn more about the CDG development and organizations involved 4) Foster the development of mutual business opportunities in both CDG and MEM. 5) Have some FUN Memphis style.
  3. 3. Monday’s Agenda Morning (0830 – 1200) - - - Afternoon (1200 – 1700) - - - Evening (1845 – 2030) -
  4. 4. MEM - CDG “In Perfect Alignment” Presented by Mark Herbison Senior V.P., Economic Development Greater Memphis Chamber
  5. 5. Leading Urban Area • Metro of 1.2 million • Largest city in Tennessee • 22nd - largest city in the U.S. • 2nd - largest city in the Southeast • Hardwood lumber capital of the world • Largest spot cotton trading market in the world
  6. 6. World Class Companies • 3 Fortune 500 world headquarters • World HQ for FedEx – one of Fortune’s “Most Admired” American Companies • 4 Black Enterprise 100
  7. 7. Memphis, Tennessee
  8. 8. Shelby County, Tennessee
  9. 9. Memphis Metro Area
  10. 10. Culture and Entertainment Mecca • Home of the Blues • Birth Place of Rock n’ Roll • Museums • Arts • Sports • Confucius Institute
  11. 11. Memphis Economy • Transportation and Logistics • Manufacturing • Life Science • International Trade
  12. 12. America’s Aerotropolis • World’s busiest cargo airport for 18 consecutive years • 3rd largest rail center in the U.S. • 4th largest inland port • 3rd-busiest trucking corridor in the U.S • Largest share of logistics workers in the US
  13. 13. Memphis International Airport Passenger Operations • Delta Airlines Hub • 36th busiest passenger airport • 9.9M passengers in 2009 • 11th overall in U.S. for 2010 North America Airport Satisfaction Study * As of March 2010
  14. 14. Memphis International Airport Cargo Operations • World’s busiest cargo airport for since1992 • Shipped 3.6 million metric tons in 2009 • 9 all-cargo airlines
  15. 15. Memphis International Airport 2009 Local Economic Impact - Created $28.6 billion in goods and service o o - 220,000 jobs created and sustained - 1 in 3 jobs linked to the Airport * Based on the 2009 Airport Economic Impact Study
  16. 16. Memphis International Airport v. Charles De Gaulle Int’l Airport Memphis International Charles De Gaulle 2009 of Passenger Traffic 9,882,153 57,884,954 # of Commercial Airlines 26 158 # of Cargo Airlines 9 16 2008 Cargo Tonnage 3,695,438 2,280,050 Distance to Downtown 10 miles / 16km 16 miles / 25 km
  17. 17. The FedEx Effect • Employs 238,000 workers worldwide • World HQ and SuperHub in Memphis • #68 on the Fortune 500
  18. 18. Power of Location Here are some companies that relocated to Memphis to take advantage of FedEx:
  19. 19. Road • 400+ trucking companies operate in Memphis • Service to all 48 contiguous states as well as Canada and Mexico. • Access to 4 major U.S. interstates • Access to 6 U.S. Highways
  20. 20. 2006 Tons by Truck, Memphis, Tennessee
  21. 21. Rail • 5 Class I Railroads • 8 Intermodal Facilities Capital Investment Total Annual Lift Railroad (2005-2009) Capacity Burlington Northern Santa Fe $200,000,000 1,000,000 Norfolk Southern $129,000,000 450,000 CSX Transportation $25,000,000 200,000 Canadian National $130,000,000 200,000 Union Pacific $70,000,000 370,000 Totals $554,000,000 2,220,000
  22. 22. River • 2nd-largest inland port on the Mississippi River • 4th-largest inland port in the U.S. • 18 million tons of cargo annually • Largest still water harbor on the Mississippi River
  23. 23. Manufacturing • There are a total of 1,017 manufacturing companies in the Memphis MSA • Area major manufacturers include: – – – • Financial / Tax Incentives
  24. 24. Medical & Bioscience Center • 2nd-largest orthopedic device manufacturing center in the U.S. • Home to St. Jude Children’s Research Hospital • $450M Biotech Research Park currently under construction • 4 Medical Schools
  25. 25. # of International Trade Country # of firms Employees France 6 3,617 • In 2008, 11M tons U.K. 24 3,165 Japan 17 2,603 of freight in goods Canada 12 2,103 originated or Netherlands 16 734 Germany 15 535 terminated in Mexico 7 240 Memphis Italy 3 168 - Ireland 3 116 China 1 100 Sweden 3 91 South Korea 6 34 Australia 6 69 Totals 119 13,575 Source: TN Department of Economic & Community Development
  26. 26. # Represents days in transit
  27. 27. Local Workforce Workforce Availability • 617,700 workers in the MSA • 2008 annual Unemployment Rate is 6.7% • Higher Education - - -
  28. 28. Questions? Mark Herbison Senior Vice President, Economic Development Greater Memphis Chamber p/ 901.543.3541 | f/ 901.543.3510 www.memphischamber.com bmontgomery@memphischamber.com

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