Our June 2012 Monthly Report, with everything you need to know about what we've been up to for the past month in Columbus region economic development!

1. MONTHLY ECONOMIC UPDATE | JUNE 2012

2. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
PROJECTS JUNE 2012 AND YEAR-TO-DATE
JUNE 2012 & YTD PERFORMANCE NUMBER OF PROJECTS (2012 v. 2011) FIRST-TIME VISITS (2012 v. 2011)
June 2012 15
50
37 Projects (137 YTD) 12
37 12
4 First Time Visits (41 YTD) 40
9
27 9 8 8
30 25 7 7 7
22 6
Year to Date 18 19
20 17 16 6 5
Through June 2012, Columbus 2020 had 137 projects 12 14 12 13 4 4 4
9 11 11 9 9 10 3
started year to date, nearly 80 percent higher than the 10 3 2 2 2 2
2011 pace. There were also 41 first-time visits to the 0
0 0
Columbus Region by companies year to date through Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
May, more than 70 percent higher than the 2011 pace. 2011 2012 2011 2012
APPROVED PROJECTS BY JOBS OHIO NETWORK CASE STUDY: ARMINAK & ASSOCIATES
2011 2012 YTD Arminak & Associates Inc., based in the Los Angeles area,
3% expects to create 50 full-time positions and generate $2
6%
18%
location in New Albany. Arminak supplies packaging
39% 14% 39% solutions to the cosmetic, personal care and beauty aids,
12%
cleaning product, and automotive markets. The jobs would
15%
5% include labor, clerical, managerial, maintenance and quality Jobs: 50
25% 22%
1% assurance. Capital Investment: $4.5 million
Arminak plans to locate at the New Albany Personal Care Facility: Manufacturing
Columbus 2020 Team NEO and Beauty Campus in Licking County, occupying 65,000 65,000 sf
Cincinnati USA Dayton Development
Appalachia Toledo RGP square feet in a speculative production facility with Alene
Jobs Ohio Candles and Jeyes.
1

3. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
ACTIVE PROJECTS AS OF JUNE 30, 2012
TOTAL ACTIVE PROJECTS EXPANSION PROJECTS: EXPANSION PROJECTS:
(139 PROJECTS) PROJECTS BY SOURCE PROJECTS BY INDUSTRY
35 31
30
30% 25
41% 20
14
54% 15
59% 8
10
16% 4
5
0
Columbus 2020
New Existing Local ED partners
JobsOhio
ATTRACTION PROJECTS: ATTRACTION PROJECTS: ATTRACTION PROJECTS: ATTRACTION PROJECTS:
SUSPECTS AND PROSPECTS PROJECTS BY SOURCE PROJECTS BY INDUSTRY DOMESTIC/INTERNATIONAL
70 61
60 35 31
50 3% 30
13%
40 25 22
17 30%
30 21 20
20 15 12
10 10 70%
84%
0 5
Suspect Prospect
0
Suspects = Projects identified and
qualified via direct dialogue with the Columbus 2020
company or consultant representing the Domestic International
Local ED partners
company.
JobsOhio
Prospects = Projects qualified,
parameters defined and the company or
consultant has visited the Region.
2

4. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIES
JUNE 2012 COMPLETED ACTIVITIES Chicago: The 2020 development team attended the Internet Retailer
Conference, as well as the 3PL Logistics Summit, meeting with
prospective companies & professionals.
Atlanta: The 2020 team attended the Society for Human Resource
Management (SHRM) Conference meeting with HR experts and
attending sessions on HR business management.
Cleveland/Cincinnati: The 2020 business development team made
trips to Cincinnati and Cleveland meeting with site selection
consultants and industrial developers.
New York: The 2020 business development team travelled to New
York City, meeting and entertaining site selction consultants in the
market.
Los Angeles: The 2020 project team attended the CBRE Industrial
Conference networking with CBRE Professionals and attending
strategic business sessions.
JULY - SEPTEMBER 2012 PLANNED ACTIVITIES LAS VEGAS
Cosmoprof Personal Care & Beauty Conference
SALT LAKE CITY
Logistics Development Forum
Minneapolis
US Midwest Japan Association Annual Meeting
Houston
IEDC Annual Conference
Columbus
Farm Science Review (London, OH)
BUSINESS DEVELOPMENT MISSIONS:
Nashville, St. Louis, Minneapolis, Detroit, Toledo, Northern California
INTERNATIONAL ACTIVITIES
Columbus 2020 Toronto Mission; business meetings in China
3

5. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
BUSINESS RETENTION & EXPANSION | JUNE 2012
BUSINESS DEVELOPMENT VISITS CONDUCTED BY LOCATION VISITS CONDUCTED BY INDUSTRY
20 12
June 2012 Performance:
10
32 Visits in June (267 YTD) 10
15 8
19 by 2020 staff and 13 reported by local 12
8 7 7
economic development partners
10 8 6
6
4 4
5
2 2
Columbus
41% 2020 0 0
59% Local ED
partners
CASE STUDY: DELAWARE ART.COM
Delaware Art.com (Art.com), will be expanding their operations
located in the Village of Obetz. Through acquisition, the
company will consolidate distribution functions from a facility in
Kentucky to Central Ohio. This expansion will require the addition
of 75 new positions to join the 173 employees that are already Jobs: 75
located in Obetz. Payroll added: $2 million
The company chose the Columbus Region over the facility in Facility: Distribution
Kentucky citing the transportation network as one of the
deciding factors. Art.com Inc. is a leading authority in wall décor
framed art. Since its establishment in 1998, Art.com has helped
more than 10 million customers in over 120 countries.
4

6. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
BUSINESS CREATION
NEW BUSINESS REGISTRATION* BUSINESS DISSOLUTIONS, PATENTS BY REGION INVENTORS &
SURRENDERS, WITHDRAWALS ASSIGNEES
1500 1,401 250
195 204 84
1,202 1,216 200 171
1250 1,163 66
64
141 57
150
1000
100
21 19 21 23
750
50
500 0
Feb Mar Apr May Feb Mar Apr May Inventor Assignee
Feb Mar Apr May
Source: Ohio Secretary of State Source: U.S. Patent and Trademark Office
*Note: Registrations are only an indicator of business formation and do not represent actual new businesses. For example, a registration may be filed to
reserve a business name or for other reasons in advance of a potential business. Dissolutions, surrenders and withdrawals do not include mergers,
consolidations, reinstatements and other changes that may lead to a loss of a business. In addition, not all businesses that close make a filing.
CASE STUDY: CAPTURE EDUCATION
On June 27, New Albany-based Capture Education, Inc.
announced a deal with Pearson Education Inc. to sell its
ScheduleSmart software as a complementary, integrated product
able to use ScheduleSmart to manage student information,
including attendance, behavior and grades.
ScheduleSmart now is being used by 13 school districts with
130,000 students. The deal with Pearson will help double
Capture's sales and provide exposure for its product to
Pearson's customer base serving 10 million students.
Capture Education was founded as a consulting firm in 2006 and
debuted ScheduleSmart in 2010. The company is based in New
incubator, Inc@8000.
5

7. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
ECONOMIC DEVELOPMENT NEWS
COLUMBUS IN THE NEWS LEGISLATION AND ADVOCACY
Columbus among Forbes' best places for business Site Selection Certification. HB 436 was passed by both JobsOhio II. SB 314 was passed by the Senate and House
Forbes Magazine ranked Columbus no. 24 on its list of the the House and Senate and was signed on June 4 by and was signed by Governor Kasich on June 26. The law
best places in the U.S. for business and careers. Governor Kasich. This will create a SiteOhio certification establishes the Office of TourismOhio within the
http://onforb.es/LWITox program in the Department of Development designed to Development Services Agency and modifies the
certify and market commercial, industrial and operations of JobsOhio. Kenny McDonald, CEO of
Columbus ranks 8th best in tech jobs
manufacturing sites and facilities. Columbus 2020, gave proponent testimony before the
Senate committee in April. Columbus Chamber Vice
percent, according to a study by Praxis Strategy Group. Kenny McDonald, CEO of Columbus 2020, gave
President of Government Affairs Michael Hartley worked
http://bit.ly/Oa7qYP proponent testimony in both the House and Senate and
was instrumental in working with State Representative
Ohio receives high marks for industry health, global reach
Cheryl Grossman in drafting the legislation. This initiative
Conexus Indiana's 2012 Manufacturing and Logistics National before the legislative session ended.
will help better position the Columbus Region and Ohio in
Report gives Ohio "A" grades for manufacturing and
attracting new businesses and development
Municipal Tax Uniformity. The House Ways and Means
opportunities.
committee heard testimony on the issue of Municipal Tax
Uniformity. Ohio is one of ten states that allow
Education/Workforce Mid Biennium Review. SB 316
INFRASTRUCTURE municipalities to assess an income tax. Besides the fact
was signed by Governor John Kasich on June 25. The
that 600 cities and villages in Ohio assess this tax, each
Rickenbacker Connector. As part of the Transportation
municipality can create their own definitions and rules on
Applegate gave testimony in April before the Senate
Investment Generating Economic Recovery (TIGER)
the taxable base, exemptions and other matters. The
Education Committee on the Workforce Development
Act, the Rickenbacker Connector (Pickaway East-West
resulting variety has raised the cost of compliance for
section of the bill. She spoke regarding the provisions
Connector) project received $16M in funding from the U.S.
giving workers and employers more opportunity for
Department of Transportation. The East-West Connector
Relations department is working closely with other
training.
will improve roadways around Rickenbacker airport and the
organizations on this issue.
surrounding warehouses, linking them to US 23 and giving The bill permits individuals currently receiving
Central Ohio businesses more opportunities to distribute unemployment assistance to train with an employer
products throughout the country. The Columbus Chamber without losing benefits. The Columbus Chamber
and Columbus Partnership have been working, with its Government Relations team advocated this bill with the
private and public partners, toward this grant. The
connector's estimated economic impact is an addition of to the business community.
over the next 30 years.
6

8. COLUMBUS 2020 MONTHLY UPDATE | JUNE 2012
REGIONAL ECONOMIC DATA
NUMBER EMPLOYED AND UNEMPLOYMENT RATE (MAY 2012) NUMBER OF WEEKLY UNEMPLOYMENT CLAIMS
(WEEK ENDING 3/31/12 TO WEEK ENDING 6/23/12)
Continuing New
Unemployment Change from
May 2011 to 16,000 1,800
rate
(May 2012) May 2012 1,600
15,000
1,400
7.8% (-2.4) 7.6% (-2.0)
14,000 1,200
Marion Morrow
16,012 (+160) 1,000
27,223 (-206) 13,000
800
7.0% (-2.9) 7.2% (-2.1) 12,000 600
Logan Knox 400
21,087 (+172) 5.1% (-0.8) 11,000
27,506 (+633) 200
Delaware
5.3% (-1.8) 10,000 0
87,579 (+1,054)
6/2
6/9
6/16
6/23
3/31
4/7
5/5
5/26
4/14
4/21
4/28
5/12
5/19
Union
25,215 (+302)
Number
employed 6.7% (-1.1) Source: Ohio Department of Job and Family Services
residents Licking
(May 2012) 79,000 (+936)
6.5% (-1.1)
Franklin
6.1% (+0.2) 581,354 (+7,579)
Madison
18,794 (+237) COMMERCIAL REAL ESTATE HOUSING SALES
6.3% (-1.1) (AS OF JULY 2) 3,6843,529
Fairfield $168K
7.5% (-1.7) 69,703 (+872) 3,214 $158K
Direct Asking
Pickaway
Use Vacancy Rate Rent
22,495 (+292)
(per sf) 2,001 1,971 2,070
Office 16.2% $14.99
Source: U.S. Bureau of Labor Statistics, Local Area Unemployment
Statistic, Seasonally Adjusted Industrial 8.7% $3.25
New In Closed Average
Listings Contracts Sales Sales Price
Retail 10.4% $9.82
May 2011 May 2012
Source: Xceligent Source: Columbus Board of Realtors
7