2012 Spring Meeting
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Slides from 4/25/2012 presentation at Greater Statesville Committee of 100 meeting. John B. Marek & C. Michael Smith.

Slides from 4/25/2012 presentation at Greater Statesville Committee of 100 meeting. John B. Marek & C. Michael Smith.

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2012 Spring Meeting Presentation Transcript

  • 1. SPRING 2012GREATER STATESVILLE COMMITTEE OF 100
  • 2. 1Q – Strong Client Activity• Good Project Activity; Numbers Down, Quality Up• Site Selection Magazine No. 1 Micropolitan Ranking• Special Announcement• Business Development Missions• New Office Ribbon-Cutting
  • 3. Project Activity3025 201120151050 J F M A M J J A S O N D
  • 4. Project Activity3025 201120151050 J F M A M J J A S O N D
  • 5. No. 1 Micropolitan• Site Selection Magazine 2006 #1 Micropolitan 2005 #1 Micropolitan• “Consistent 2004 #8 Small Town Performer” 2003 #2 Small Town – 2012 #1 Micropolitan 2002 #2 Small Town – 2011 #2 Micropolitan 2001 #1 Small Town – 2010 #1 Micropolitan 2000 #1 Small Town – 2009 #1 Micropolitan 1999 #2 Small Town – 2008 #2 Micropolitan – 2007 #1 Micropolitan
  • 6. No. 1 Micropolitan• Site Selection Magazine 2006 #1 Micropolitan No. 1 2005 #1 Micropolitan• “Consistent Performer” Micropolitan #8 Small Town 2004 2003 #2 Small Town – 2012 #1 Micropolitan the Six of 2002 #2 Small Town – 2011 #2 MicropolitanEight Last 2001 #1 Small Town – 2010 #1 Micropolitan Years 2000 #1 Small Town – 2009 #1 Micropolitan 1999 #2 Small Town – 2008 #2 Micropolitan – 2007 #1 Micropolitan
  • 7. No. 1 Micropolitan PresentationMike Smith, Ron Starner and Dr. Steven Binder
  • 8. Top Groups PresentationMike Smith and Mark Arend
  • 9. Top Groups PresentationMike Smith and Mark Arend
  • 10. 116 North Center Ribbon CuttingMike Smith, Costi Kutteh and Steve Johnson
  • 11. Business Development FONC CRP FONC NCEDA IAMC
  • 12. Business Development• IAMC Professional Forum• Theme: Growing Manufacturing in America• J. Michael Mullis• Factors Driving the Renaissance of Manufacturing in U.S.
  • 13. Business Development•Key Factors That Initially Drove U.S. IndustryOverseas – Cheap Labor – Cheap Fuel – Strong U.S. Dollar•Then Came The Global Financial CrisisStarting 2007 – Curtailed expenditures – Debt reduction – Employment rightsizing – Human capital talent improvements
  • 14. Business Development• Re-Analysis Of Doing Business Abroad – Fact of mismanaged supply chain decisions that created many new projects overseas – “Labor savings only” justified the moves – “Price Variance” factor measurement – cheapest way to manufacture without any consideration for numerous ancillary costs – Realization that the total cost of doing business overseas has been significantly under-estimated (Supply Chain Management Organization•
  • 15. Business Development• Key Assumptions For ManufacturingReturn To The U.S. – Raw materials same cost – Cost to buy automation is the same – Cost to finance capital is the same – Logistics cost favor the U.S. – Labor cost differential is less, but the range is lessening
  • 16. 1Q - Announcements• Mikan Printing – New Company Opened Sales & Marketing Office• Origin Foods – New Manufacturing Facility• Pratt Industries – Relocated Logistics Operation from Salisbury• ThorLo, Inc. – Added New Equipment
  • 17. 1Q Announcements• Summary - Good Start! – Four Major Announcements – $8.25 Million in New Capital Investment – 65 New Primary Jobs Created – 180,000 Square Feet of New or Reused Space
  • 18. 1Q - BR|E Highlights• 51 Visits to Existing Industry• Expansion Activity is Unprecedented• 22 Cases Referred to Local, County and State Partners• Iredell Manufacturers Council
  • 19. Existing Industry Visits2520 2011151050 J F M A M J J A S O N D
  • 20. Existing Industry Cases12108 20116420 J F M A M J J A S O N D
  • 21. Cases by Type OTHER UTILITIES MARKETING LEGAL TRAINING
  • 22. 1Q – Unprecedented Activity• Currently Working Three Major Expansion Projects• Project Real, Project BAR123 and Project Gavroche• Have Gone or Will Go to City Council and County Commission on these projects within next 30 days• $100 Million+ New Capital Investment Over 5 Years• 75% Chance All Three Projects Will
  • 23. Iredell Manufacturers Council• Joint Venture with Mooresville-South Iredell EDC and Mitchell Community College• Met February 27th at Kyle Busch Racing• Best attended meeting since inaugural, 40+
  • 24. Marketing Highlights• Print Advertising• On-line Advertising• Media Relations
  • 25. Site Selection AdJoint ad with Mooresville-South Iredell EDC and Charlotte Regional PartnershipHalf-page/Color
  • 26. 2012 Annual Report“Industrial” Theme
  • 27. Online PromotionPrint Ads Also Have Online ComponentWebsite/Social Media
  • 28. StatesvilleRegion.com30025020015010050 0 J F M A M J J A S O N D
  • 29. Media Relations• Continue to maintain an excellent relationship with local radio, television and print media• Mike Smith discussed economic development on WSIC• Feature story in R&L about John Marek• Coverage of our new office, No. 1 Micropolitan award and new and expanding industry announcements
  • 30. THANK YOUFor Your Continued Support
  • 31. Today’s Guest SpeakerNorth Carolina State Senator Chris Carney