COLUMBUS RegionWelcome to the Columbus Region. Located in the Fifteen Fortune 1000 companies, including 6 Fortuneheart of Ohio, it’s an area expanding at an exciting 500 companies, have established their headquartersrate with some of the best business resources in the region due to its commitment to improvementavailable. The region itself is located within 10 and future growth guided by Columbus 2020, anhours of 47% of the United States population aggressive economic development strategy. Theand is in a prime location for any international numerous initiatives of the region have been thedealings. The transportation networks provided by driving force behind such titles as Forbes’ 2008Port Columbus International Airport, Rickenbacker “No. 1 up-and-coming tech city in the United States,”International Airport and multiple rail terminals fuel and it strives to expand upon these awards to furtherall of these opportunities and grow with the area’s reinforce the strengths of commerce in the area.ever-changing demands. With access to distribution points, an abundanceThe Columbus Region is home to an extremely of critical resources and the latest technology, thecapable, educated workforce growing at a rate Columbus Region is brimming with opportunitiessubstantially above the national average. Employees to help businesses reach their full potential.have access to a number of professional developmenttools and have the ability to further their educationat any of the region’s 54 college and universitycampuses, or enhance their training at one of themany institutes focused on business or industry.
OVERVIEW DETROIT CLEVELAND PITTSBURGH NAtioNAL gAtEWAy coRRiDoR COLUMBUS The National GatewayThe Columbus Region, where predictable logistics Rickenbacker BALTIMORE Intermodal Yard WASHINGTON, D.C. Corridor provides theoccur, is a channel to the global marketplace. Our CINCINNATI Columbus Region additionalstrategic location, combined with the vision of LOUISVILLE NORFOLK port connections inforward-thinking leaders, has launched the logistics Baltimore, MD, andindustry into the spotlight, making it one of our Wilmington, NC.Region’s fastest growing sectors. WILMINGTONRicKENBAcKERLocated in Columbus, Ohio, the 15th largest city in theU.S. and one of the fastest growing areas in the country,Rickenbacker is at the heart of North American populationand economic activity. MARysViLLE yARD (csX)Situated between New York, Chicago, Toronto and Atlanta, 12,500 intermodal lifts in 2010Rickenbacker is within a 10-hour truck drive to more than50 percent of the U.S. and Canadian populations as wellas 61 percent of the U.S. manufacturing capacity. Logan County Seattle, WA 500 Mi/805 Km FROM ASIA FROM EUROPE Toronto New York, NY Chicago, IL RICKENBACKER Norfolk, VA Atlanta, GA LoWER coNgEstioN tHAN Los Angeles, CA Charleston, SC otHER MAJoR Logistics HUBs FROM SOUTH AMERICA by Air Columbus has a traffic congestion cost of by Sea just $1.18 per $1,000 in commodity value. by Rail $1.18 Memphis $2.22foREigN tRADE zoNE #138 Louisville $2.32Six pre-designated Magnet Sites and ability to provide FTZ Chicago $7.81designation to any site in 25-county Central Ohio service area. L.A. Long beach $10.88In FY2010, $2.09bn in goods was shipped out of FTZ #138and $2.27bn was received, both ranking 12th out of 168 Source: Texas A&M University-Texas Transportation Institute, Urban Mobility Report, 2010General Purpose Zones in the U.S. 90 80 71 BUcKEyE yARD (csX) 180,000 intermodal lifts in 2010 75 70 77 tHE oHio stAtE UNiVERsity Fisher College of Business is ranked No. 7 among Foreign Trade Zone #138 Major Freight Rail Lines supply chain/logistics Rickenbacker Magnet Site Interstate Highway programs nationwide. FTZ #138 Magnet Sites Source: U.S. News & World Report, 2012
MARioN DUAL-RAiL iNDUstRiAL PARK DETROIT HEARtLAND coRRiDoR Located between both CSX and NS railroads CLEVELAND The enhanced Heartland Corridor COLUMBUS PITTSBURGH allows double-stacked freight Rickenbacker Intermodal Yard trains to travel directly from CINCINNATI the Port of Virginia (Norfolk International Terminals). NORFOLK LOUISVILLE MARioN iNtERMoDAL cENtER Operated by Schneider National Marion County Cleveland 143 miles Morrow County Union County Knox County Delaware County Licking County Indianapolis 176 miles Pittsburgh 183 miles Franklin County Madison County Fairﬁeld County PoRt coLUMBUs 155 daily direct ﬂights to 33 destinations Pickaway CountyMajor Airport Cincinnati 107 milesIntermodal TerminalDual Rail Industrial ParkNational Gateway CorridorHeartland Rail Corridor RicKENBAcKER AiRPoRt Two parallel 12,000-ft. runwaysNational Freight Rail LineMajor Interstates Major Airport Intermodal Terminal Dual Rail Industrial Terminal RicKENBAcKER iNLAND PoRt National Gateway Corridor • tate-of-the-art intermodal facility S Heartland Rail Corridor handled 141,000 intermodal lifts and 69,760 tons of air cargo in 2010. National Freight Rail Line • 0 million square feet of warehousing 4 Major Interstates and distribution facilities in the Rickenbacker area with room for growth.
TalentThe Columbus Region has more than 100,000 skilled and motivated people in logistics-related occupations,with educational programs at all levels to support this workforce.Logistics-RELAtED EDUcAtioNAL PRogRAMs HigH scHooL tEcH/VocAtioNAL AssociAtE’s groveport Madison Hs columbus state community college columbus state community college Career-tech logistics program Logistics – Attracting and Associate’s in Supply Chain Management Retaining Talent (ART) Certificate in Supply Chain ManagementLogistics WoRKfoRcE By occUPAtioN AND LEVEL ofEDUcAtioN/tRAiNiNg REQUiRED (NUMBER of WoRKERs) sHoRt tERM – oJt MEDiUM tERM – oJt RELAtED WoRK EXPERiENcE ADVANcED Logistics occUPAtioNs Production, planning and Cargo and freight agents (560) Purchasing managers (370) expediting clerks (2,490) DistRiBUtioN AND WAREHoUsiNg occUPAtioNs Shipping, receiving and traffic clerks (6,350) Truck drivers, light or delivery services (5,390) First-line supervisors of helpers, laborers Stock clerks and order fillers (13,490) Crane and tower operators (200) and material movers, hand (1,630) Truck drivers, heavy and tractor-trailer (9,520) First-line supervisors of transportation and material moving machine and Industrial truck and tractor operators (4,430) vehicle operators (1,600) Laborers and freight stock and material movers, hand (25,570) Packers and packagers, hand (7,460) tiM WiLLiAMs sVP – customer operations, Mcgraw Hill “ Columbus is logistics, and this industry is a key part of what this city does day in and day out! We have a wealth of talent with logistics experience due to the amount of on-going logistics activities in our Region. On top of this is the pipeline of talent that we continue to generate from the numerous logistics educational opportunities available ranging from high school to post college degree programs.”
BACHELOR’S GRADUATEThe Ohio State University The Ohio State UniversityBS in Business Administration with Master of Business Logistics EngineeringLogistics Management specialization Master of Business Operational ExcellenceBACHELOR’S DEGREE & EXPERIENCELogisticians (1,050) Transportation, storage andOperations research analysts (790) distribution managers (850)
Competitive BUSINESS ENVIRONMENTMore than 3,200 logistics businesses are in the Columbus Region, including:Columbus Region Logistics CouncilIndustry leaders formed the Columbus Region Logistics Council (CRLC) in 2008 to serve as the catalyst for thegrowth of the Region’s logistics capability. CRLC is leading the implementation of a strategic road map that willcontinue to grow the Region as a logistics hub by focusing on the following: • Fostering a logistics-friendly business environment • Developing and enhancing an advanced logistics infrastructure • Infusing world-class logistics technology into regional industry • Building a high-skill workforce for competitive advantageEffective Tax Rate on New Capital Investment (Comparison of Logistics Sites)* 2.11% 2.07% 1.94% 1.82% 1.82% 1.78% 1.66% 1.66% Corporate income Business privilege (CAT) Personal income (state) Real property Equipment and machinery Furniture and ﬁxtures Inventories State capital sales Source: Ohio Department of Development, Logistics lle gh y lle rk is lis ur ph Pa vi o vi ur Tax Comparison Study, 2011 sb ap er is em sb nd u nn ap an Lo tt M rla Pe *A uniform set of assumptions on N di Pi – – O In – – – e y capital investment, payroll, sales s e – ia – ck – a oi ss ni s n na in tu oi IO and C-corporation status was va ne va Ill ia in n H yl n yl Ke d Ill applied to all sites Te ns O In ns n n Pe Pe JOHN NESS President, ODW Logistics, Inc. “For 40 years, ODW Logistics, Inc. has leveraged the Columbus Region as a great place to grow our business. As a 3PL, our clients in the health care, retail, food and e-commerce business benefit from Columbus’ strategic location and wealth of talent and resources. We have locations across the country, but none offer as many advantages as Columbus. Global reach. Great infrastructure. Top-shelf talent. It all adds up to success for our company.”
“ Columbus offers a large inventory of old and new buildings, with sites at the lowest average lease rate, while providing superior market coverage to the key U.S. population clusters.” – Curtis Spencer, president of ims worldwide, inc. – Average asking rent for distribution and warehousing Cost of Electricity (cents per kilowatt-hour) space, Q4 2010 REGION per sq ft per sq m $2.70 $29.06 8.98 7.21 6.99 Atlanta $3.26 $35.09 6.70 6.71 6.74 6.76 5.81 5.24 Jacksonville $3.75 $40.36 4.33 4.91 Chicago $4.23 $45.53 Pittsburgh $4.29 $46.18 Oakland $4.37 $47.04 $55.76 n s a ia $5.18 y e es ia s Houston k IO oi ga an xa ck e r in n at Yo ss in va H irg Te tu di hi St ne Ill O ic yl In ew n tV $58.66 Ke n d M $5.45 ns Baltimore Te te N es n ni Pe W U New Jersey (Northern) $6.09 $65.55Source: Grubb & Ellis, Industrial Market Trends, Q4 2011 Source: U.S. Energy Information Administration, 2009 Average Hourly Wages in Transportation and Material Moving Occupations and Private Sector Workforce Unionization Rates, Metropolitan Areas REGION AVG. HOURLY WAGE Unionization RATE $14.85 5.2% Cleveland $15.25 9.1% Indianapolis $15.38 4.5% Memphis $15.41 2.6% Pittsburgh $15.64 10.8% Los Angeles $15.72 8.6% Atlanta $16.29 2.4% Chicago $16.57 10% Louisville $17.26 11.6%Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics, May 2010; Unionstats, 2010 Logistics Occupations Wages (wages below national average in bold red) Purchasing Managers $49.30 Packaging and Filling Machine Operators and Tenders $17.30 First-Line Supervisors of Helpers, Laborers Transportation Storage and Distribution Managers $41.53 $22.04 and Material Movers, Hand First-Line Supervisors of Transportation Logisticians $32.23 $24.91 and Material-Moving Machine and Vehicle Operators Operations Research Analysts $27.18 Heavy and Tractor-Trailer Truck Drivers $19.92 Cargo and Freight Agents $16.22 Light Truck or Delivery Services Drivers $14.85 Production, Planning and Expediting Clerks $19.30 Crane and Tower Operators $19.14 Shipping, Receiving and Traffic Clerks $15.20 Industrial Truck and Tractor Operators $14.41 Stock Clerks and Order Fillers $11.56 Laborers and Freight Stock and Material Movers, Hand $13.46 First-Line Supervisors of Production $25.88 Packers and Packagers Hand $10.32 and Operating Workers Inspectors, Testers, Sorters, Samplers and Weighers $15.43Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics
Access “Both rail carriers are very aggressive in their view of Central Ohio and have placed their bets that this region will continue to lead the site selection decision process. Citing ‘all the geoeconomic’ factors, including available land, workforce, local economy etc.” – Curtis Spencer, president of ims worldwide, inc. – 500 miles 800 kmThe Columbus Region is accessible to more Americans within 500 miles 250 m iles 400 km(805 km) than any other major inland or coastal port: TORONTO MILWAUKEE NEW YORK• 44 million are Americans within a 10-hour drive from Columbus, 1 DETROIT representing 47 percent of the national population CHICAGO CLEVELAND PHILADELPHIA COLUMBUS PITTSBURGH• 3 percent of the Canadian population is within a 10-hour drive 3 INDIANAPOLIS BALTIMORE WASHINGTON, D.C.Metro Population ST. LOUIS NORFOLK LOUISVILLE 1,000,000 5,000,000 10,000,000 RALEIGH NASHVILLE CHARLOTTESource: Statistics Canada, 2006 Census MEMPHIS ATLANTA Typical Intermodal Transit Times PVC-ANC-LCK 6461 nm Seattle - Columbus 4.5 Days PVC-ANC-JFK 6685 nm Los Angeles - Columbus 4.5 Days New York - Columbus 2 Days Savannah - Columbus 2 Days Norfolk - Columbus 1.5 Days Days le 13 Seatt ong - H ong K 13 Days Hong Kong - New York 25 Days Los Angeles Hong Kong - Hong Kong - Norfolk 25 Days Hong K ong - H Hong Kong - Savannah 25 Days ouston , Savan nah or New Yo rk 22 D ays Source: ESRI Business Analyst, 2010; Jean-Paul Rodrigue, Hofstra University Hal Wilson senior vice president of distribution and transportation services Big Lots Stores “Columbus has been the headquarters of Big Lots since we were founded in 1967. We operate more than three million square feet with more than 500 employees in Columbus. The reason why we are here is the strength in the Region and access to our markets via excellent interstate highways and intermodal rail systems.”
CONTACTS and SERVICESColumbus 2020 is a private, non-profit regional economic development organization representing the 11 county,Columbus, Ohio, Region. Our team of economic development professionals works in collaboration withthe State and local partners to promote the assets of the Region globally. Columbus 2020 also serves as a singlepoint of entry for economic development inquiries and offers a comprehensive suite of services to companiesand consultants that are evaluating the market area. Services include but are not limited to: • Confidential and custom site location assistance • abor market analysis and demographics L • Tailored market research • Detailed, comprehensive site/building information • acilitate state and local incentive programming F • Personal community and site tours • Introductions to professional services providers • eetings with community and business leaders MCONTACT USColumbus 2020150 South Front Street, Suite 200, Columbus, OH 43215Phone: firstname.lastname@example.org