MONTHLYECONOMICUPDATE2013APR2013columbusregion.com 614-225-6063
APRIL 2013 PERFORMANCECASE STUDY: TOYO SYSTEMJobs: 8 createdFacility: Sales office and technical testing1COLUMBUS 2020 MON...
2ATTRACTION PROJECTS:DOMESTIC/INTERNATIONALATTRACTION PROJECTS:SUSPECTS AND PROSPECTSATTRACTION PROJECTS:PROJECTS BY SECTO...
BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIESAPRIL 2013 COMPLETED ACTIVITIESMAY 2013 PLANNED ACTIVITIESSioux FallsMAEDCBUSI...
APRIL 2013 Performance:36 Visits in April (130 YTD)Visits conducted by:CASE STUDY: SAFELITE GROUP, INC.Jobs: 350 createdCa...
Source: U.S. Patent and Trademark OfficeCASE STUDY: nChannel5Source: Ohio Secretary of State*Note: Registrations are only ...
6ECONOMIC DEVELOPMENT NEWSCOLUMBUS IN THE NEWS WORKFORCECOLUMBUS 2020 MONTHLY UPDATE | APRIL 2013TRANSPORTATION & INFRASTR...
Source: Xceligent Source: Columbus Board of Realtors7HOUSING SALES$15.46$2.94$9.29IndustrialRetail7.9%10.1%Source: U.S. Bu...
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Monthly Economic Update | April 2013

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Monthly Economic Update | April 2013

  1. 1. MONTHLYECONOMICUPDATE2013APR2013columbusregion.com 614-225-6063
  2. 2. APRIL 2013 PERFORMANCECASE STUDY: TOYO SYSTEMJobs: 8 createdFacility: Sales office and technical testing1COLUMBUS 2020 MONTHLY UPDATE | APRIL 2013PROJECTS APRIL 2013 AND YEAR-TO-DATENUMBER OF PROJECTS (2013 v. 2012) FIRST-TIME VISITS (2013 v. 2012)APRIL 201323 projects started- 86 year to date4 first time visits 251127 242044163020232871925192301020304050Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2012 2013116 6 69436 61042253403691215Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2012 2013Toyo System of Iwaki, Japan has established its first U.S.operations, Toyo System USA, in the Columbus Region.Toyo will conduct sales and technical testing at its newfacility on Citygate Drive in the city of Columbus. Thecompany will initially hire up to 8 employees and addpersonnel as the business grows.Toyo System supplies rechargeable battery testingequipment to manufacturers and users. The companyalso provides testing services, R&D, and small productionscale battery manufacturing equipment. The operationsin Columbus will service companies in the electric vehicle,energy storage, and smart grid industries in the U.S.Toyo System chose the Columbus Region for itsbusiness-friendly environment and many supportinginstitutes and companies. Toyo is part of the Regionsgrowing cluster of automotive technologies.
  3. 3. 2ATTRACTION PROJECTS:DOMESTIC/INTERNATIONALATTRACTION PROJECTS:SUSPECTS AND PROSPECTSATTRACTION PROJECTS:PROJECTS BY SECTORATTRACTION PROJECTS:PROJECTS BY SOURCECOLUMBUS 2020 MONTHLY UPDATE | APRIL 2013ACTIVE PROJECTS AS OF APRIL 30, 2013TOTAL ACTIVE PROJECTS(133 PROJECTS)EXPANSION PROJECTS:PROJECTS BY SOURCEEXPANSION PROJECTS:PROJECTS BY SECTOR661501020304050607080Suspect ProspectSuspects = Projects identified andqualified via direct dialogue with thecompany or consultant representing thecompany.Prospects = Projects qualified,parameters defined and the company orconsultant has visited the Region.61%39%New Existing85%5%10%Columbus 2020Local ED partnersJobsOhio71%19%10%Columbus 2020Local ED partnersJobsOhio295144051015202530353618 189051015202530354068%32%Domestic International
  4. 4. BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIESAPRIL 2013 COMPLETED ACTIVITIESMAY 2013 PLANNED ACTIVITIESSioux FallsMAEDCBUSINESS DEVELOPMENT MISSIONS:INTERNATIONAL ACTIVITIES:3Columbus 2020 European Mission to France and UK, Columbus2020 Japan MissionDallas, St. Louis, Charlotte, Columbia, Greenville, Washington, D.C.,New YorkCOLUMBUS 2020 MONTHLY UPDATE | APRIL 2013New York: The 2020 team attended the 3-D Printing ExpoConference in New York City to network and learn more about 3-Dprinting, a niche and high-growth industry.Hartford: The 2020 team traveled to Hartford to meet withcompanies.Southern California: The 2020 team conducted a businessdevelopment mission to California, meeting with companies and alsoattending the Angel Capital Association 2013 Summit.Chicago: The 2020 team traveled to Chicago along with JobsOhioleadership to meet with site selection consultants and promote Ohioand the Columbus Region.St. Louis: The 2020 team attended the Area Development FDIForum to discuss the latest factors driving international site selectionand foreign investment.Germany: While on an international mission to Germany, theColumbus 2020 team attended the Hannover Trade Fair and heldmeetings with growing manufacturing companies consideringexpansion into the United States.Orlando: The 2020 team attended the Association for CorporateGrowth (ACG) Capital Connection event in Orlando.
  5. 5. APRIL 2013 Performance:36 Visits in April (130 YTD)Visits conducted by:CASE STUDY: SAFELITE GROUP, INC.Jobs: 350 createdCapital investment: $48.4 millionFacility: Office4COLUMBUS 2020 MONTHLY UPDATE | APRIL 2013BUSINESS RETENTION & EXPANSION | APRIL 2013BUSINESS DEVELOPMENT VISITS CONDUCTED BY LOCATION VISITS CONDUCTED BY SECTORSafelite, a leading auto glass repair and installation company,will expand its headquarters in the city of Columbus, onFarmers Drive near I-270 and Sawmill Road. The company willinvest $48 million and add 350 jobs to the existing 1,000-plusemployees already in place.The Columbus Region and Ohio competed with locations inIowa and Texas for the expansion project. Safelites businesshas roughly doubled since 2007 and they hope to continuethis pace of growth over the next 3-5 years. In addition to itsheadquarters, Safelite also has a call center and repairoperations in the Columbus Region.47%28%25%Columbus2020 onlyLocal EDpartner onlyBoth 2020and LEDO10824327024681012781470246810121416
  6. 6. Source: U.S. Patent and Trademark OfficeCASE STUDY: nChannel5Source: Ohio Secretary of State*Note: Registrations are only an indicator of business formation and do not represent actual new businesses. For example, a registration may be filed toreserve 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.BUSINESS CREATIONBUSINESS DISSOLUTIONS,SURRENDERS, WITHDRAWALSPATENTS BY REGION INVENTORS &ASSIGNEESNEW BUSINESS REGISTRATION*COLUMBUS 2020 MONTHLY UPDATE | APRIL 2013nChannel recently closed a $2.4 million Series A funding roundled by the Ohio TechAngels Funds. The nChannel cloud-basedmulti-channel management platform enables retailers to improvevisibility and streamline operations. In the last 12 months, thecompany processed over 833,000 subscriber order transactionsworth over $365 million.The funding will enable nChannel to launch new productofferings, expand customer support, and fuel growth throughdirect sales and the companys expanding partner network.Participants in the latest funding round include Ohio TechAngelsFund III, North Coast Angel Fund II, Grouse Ridge Capital, QueenCity Angels, TechColumbus Co-Investment Fund, and individualangel investors.1,1651,3261,1271,258500750100012501500Dec Jan Feb Mar323 313199 186050100150200250300350400Dec Jan Feb Mar8119903398229118Inventor AssigneeDec Jan Feb Mar
  7. 7. 6ECONOMIC DEVELOPMENT NEWSCOLUMBUS IN THE NEWS WORKFORCECOLUMBUS 2020 MONTHLY UPDATE | APRIL 2013TRANSPORTATION & INFRASTRUCTUREColumbus named a top city for small businessThe second annual thumbtack.com small business surveygives Columbus an "A" grade for its small businessfriendliness.http://bit.ly/XaV8YqColumbus among top 10 cities for finding employmentA new study from Adecco Staffing names Columbus the fifthbest city in the U.S. for finding a job, reflecting the Regionsdiversity of industries, cost of living and workforce.http://onforb.es/15BMeYUColumbus makes top 10 U.S. growth citiesThe U-Haul Top U.S. Growth Cities report ranks Columbusthe 9th top growth area for families that moved in 2012,based on more than 1.6 million U-Haul one-way trucktransactions. http://bit.ly/16ZRSA6An analytics hub grows in ColumbusIBMs decision to make Columbus its North American hub forbig data analytics has helped to build momentum for theRegion as a center for analytics services and skills training.http://bit.ly/120lr4fFor all of the latest news, visit:http://columbusregion.com/news-events-reports/in-the-mediaLogistics job fairThe Columbus Region Logistics Council and theColumbus Chamber, in cooperation with ColumbusState Community College, are working together tosupport the growth of the logistics industry througha semi-annual logistics job fair to be held May 14.http://columbus.org/events/details.dT/logisticsjobfair2013Hiring Our Heroes job fairHiring Our Heroes is a nationwide initiative to helpveterans and military spouses find meaningfulemployment. A job fair is being held in the Columbusarea on May 28 to help those who have served.Registration is free.http://columbus.org/events/details.dT/2013-hiring-our-heroes-job-fairKasich signs transportation budgetOn April 1, Governor Kasich officially signed OhiosTransportation Budget (SubHB51). The governortouted the Ohio Turnpike plan, saying it will create65,000 jobs, lead to better infrastructure, and givethe state flexibility to finish construction jobs.Nonstop flights added from Los AngelesAmerican Airlines announced they will be addingnonstop flights to Columbus from Los Angeles.Service will begin on August 27.Port Columbus airport expansionFrom now through 2015 Port Columbus will receive$80 million dollars worth of improvements,including improved shopping and dining options,updated restrooms and terrazzo floors throughoutthe terminals. Additionally, a new south runway willadd capacity for more flights. Planners expectpassenger arrivals will increase to 10 million from thecurrent 6.5 million annually.
  8. 8. Source: Xceligent Source: Columbus Board of Realtors7HOUSING SALES$15.46$2.94$9.29IndustrialRetail7.9%10.1%Source: U.S. Bureau of Labor Statistics, Local Area UnemploymentStatistics, Seasonally AdjustedSource: Ohio Department of Job and Family ServicesDirectAsking Rent(per sf)VacancyRateUseOffice 16.9%COMMERCIAL REAL ESTATE(AS OF APRIL 30)COLUMBUS 2020 MONTHLY UPDATE | APRIL 2013REGIONAL ECONOMIC DATANUMBER EMPLOYED AND UNEMPLOYMENT RATE (March 2013) NUMBER OF WEEKLY UNEMPLOYMENT CLAIMS(WEEK ENDING 2/2/13 TO WEEK ENDING 4/27/13)7.8% (-0.0)Marion26,927 (-645)6.8% (-0.2)Knox27,650 (+46)Unemploymentrate(Mar 2013)Numberemployedresidents(Mar 2013)Change fromMar 2012 toMar 20134.8% (-0.4)Delaware89,139 (+403)6.1% (-0.2)Fairfield70,258 (+328)6.2% (-0.3)Franklin590,492 (+2,760)6.5% (-0.2)Licking79,508 (+367)6.8% (-0.3)Madison18,847 (+89)7.3% (-0.5)Morrow16,191 (+66)7.3% (-0.8)Pickaway22,686 (+107)5.8% (+0.2)Union25,493 (+117)6.8% (-0.2)Logan21,450 (-100)05001,0001,5002,0002,5003,0008,0009,00010,00011,00012,00013,00014,00015,00016,00017,0002/22/92/162/233/23/93/163/233/304/64/134/204/27Continuing New3,4582,7051,709$153K3,484 3,2451,896$160KNewListingsInContractsClosedSalesAverageSales PriceMar 2012 Mar 2013

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