Troy Employers and the Economy

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Career Day presentation to high school students.

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Troy Employers and the Economy

  1. 1. Troy Employers and the Economy
  2. 2. Troy EconomyThere are 2,100 private companies in Miami CountyEmploy 32,400 people – Annual Wages- $1.126billion226 Manufacturing companiesEmploy 8,800 people1,600 Service companies◦ Employ 22,000 peopleAverage Manufacturing Wage- $946/week
  3. 3. Facts about Manufacturing CareersManufacturing drives theTroy economy !Troy companies and Troyworkers compete constantly withthe most advanced companies inJapan, China and Europe
  4. 4. Troy is a leading center foradvanced manufacturing,automotive parts and metal-working in the world
  5. 5. Hobart- World’s Leading Producer of FoodEquipmentNeeded a use for their electric motor so developed thecoffee grinderCC Hobart and Hobart HQ
  6. 6. Hobart employees became worldinnovators in electric motors, food equipment andwelding products
  7. 7. Hobart Brothers Welding Opened New Facility onCorporate Drive - 2013
  8. 8. Troy’s Largest EmployersUpper Valley Medical Center is the largestF & P America 950 employeesClopay Building Products 900UTC Aerospace 800ConAgra Foods 700ITW Hobart Brothers(welding equipment) 600American Honda 550Hobart Corporation (food Equipment) 330
  9. 9. F & P America
  10. 10. ConAgra consolidated Slim Jimproduction to Troy fromNorth Carolina
  11. 11. Troy’s Advanced ManufacturingCompanies36% of Miami County workers areemployed by manufacturingcompaniesRaymathStillwater TechnologiesKerber Sheet MetalSEW EurodriveFreudenberg-NOK
  12. 12. American Honda has two large regionaldistribution facilities in Troy that supply Hondadealerships in the Eastern United States with parts
  13. 13. www.troyeconomicdevelopment.com
  14. 14. Troy Companies arerecruiting talentedemployees from aroundthe world – Join Us!
  15. 15. Troy Employers and the Economy
  16. 16. Why Troy Ohio? – Our Part in theWorld EconomyIn only 200 Years, Troy companies and Troyinventors have made a big impact on the worldeconomyMetal Working and Electrical MotorsAerospaceFood Processing Equipment
  17. 17. 1814 - Troy became a City 200 years ago - 1814Ohio had only 5,000 former European settlersMiami County was Shawnee and Miami Indian territoryTroy business leaders recruited settlers to live and startbusinesses here
  18. 18. Why Troy Ohio? - LocationCenter of the population of the Eastern United States andCanadaHeart of the world’s largest economyIntersection of the most important north-south and east-westInterstates- I-70 and I-75
  19. 19. World’s FirstFlying MachineWrightBrothers - 1903Troy/Daytonhave onlybeen part of theworldeconomy for200 years
  20. 20. 1935 - Waco delivered its 2500th aircraft1940 - Waco had built more than 3000 planesMore Wacos registered in America than aircraft ofany other manufacturer
  21. 21. WACO airplane production lead tofirst Goodrich Plant –Now UTC Aerospace
  22. 22. Companies with headquarters in Europe and Asiacontribute over $100 million to payroll in TroyThe Troy Development Council works with existingcompanies and recruits new companies

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