Harford County Economic Development presentation to the Workforce Board at the January meeting.

1. HARFORD COUNTY
MARYLAND’S NEW CENTER OF OPPORTUNITY
Harford County Presentation
Susquehanna Workforce Network
January 26, 2018

2. Harford County Bond Rating Presentation Background1
Maryland’s New Center of Opportunity
“To facilitate business investment, entrepreneurial
development and job creation to foster a diverse
economy and expand the local tax base, enhancing
quality of life for those who live, work, play, learn,
invest, serve and stay in Harford County.”

3. Harford County Bond Rating Presentation Background2
1917
1972
1980
1995
2000
2005
2017
Agricultural &
Canning; APG
Established
Ag & Home
Building;
Land Use
Plan/Zoning
Established
Agricultural,
Home Building
Distribution;
Riverside
Business Park
Built
Agricultural,
Home
Construction &
Distribution;
APG
Expansion
Manufacturing,
Distribution,
Commercial IT,
Electronics,
APG
Transformation
Manufacturing,
Distribution,
Technology;
Niche
Agriculture
Technology
Commercialization

4. Harford County Bond Rating Presentation Background4
Total Development Envelope Capacity (EC)
16,953 units
Total Unincorporated County Development EC
15,104 units
Potential Dwelling Units from Municipalities
2,317 units
Population Density of Development Envelope
2,118 persons / square mile (2015)
Development Envelope
Source: Harford Co. Planning & Zoning

5. Harford County Bond Rating Presentation Growth and Expansion5
2017 SELECT NEW AND EXPANDING COMPANIES
YEAR COMPANY
NEW OR
EXPANSION
CAPITAL
INVESTMENT
JOBS
CREATED
SQUARE
FOOTAGE
2017 BSC America Expansion $20,000,000 90 125,000
2017
Dunlop Industrial &
Protective Footwear, Inc
Expansion $5,800,000 15 0
2017 Kaiser Permanente New $2,500,000 23 20,383
2017 Tic Gums Expansion $4,000,000 4 0
2017
United Foods
International USA
New $5,000,000 25 40,600

6. Harford County Bond Rating Presentation Growth and Expansion6
2010-2016 SELECT NEW AND EXPANDING COMPANIES
YEAR COMPANY NEW OR EXPANSION CAPITAL INVESTMENT JOBS CREATED SQUARE FOOTAGE
2016 D. Wheatley Enterprises Belcamp Expansion $3,500,000 40 60,000
2016 Frito-Lay, Inc. Expansion $62,000,000 140 165,000
2016 Gordon Food Service Expansion $0 90 0
2016 IHOP Aberdeen New $1,200,000 40 5,650
2016 Man Crates New $950,000 20 42,000
2016 Plastipak Packaging Inc. Expansion $15,200,000 27 114,000
2016 Spartan Surfaces New $4,000,000 30 1,800
2016 XPO Logistics New $27,000,000 350 571,500
2015 Maines Paper & Food Service New $10,000,000 75 123,000
2015 Medline Industries Expansion $5,600,000 35 107,000
2014 BSC America Expansion $20,000,000 40 150,000
2014 Frito-Lay Expansion $60,000,000 100 164,000
2014 J.M. Smucker Expansion $3,000,000 0 175,000
2013 Clorox Distribution Expansion $71,000,000 117 946,000
2013 MedStar Expansion $30,000,000 70 107,000
2013 Sephora Expansion $50,000,000 200 656,000
2012 Bizerba Expansion $1,800,000 5 60,000
2012 TIC Gums Expansion $6,900,000 23 188,000
2011 Kohl’s New $90,000,000 1,200 602,000
2010 Bob’s Discount Furniture New $63,450,000 200 672,000

7. Harford County Bond Rating Presentation Demographics6
POPULATION HISTORY (1980-2020)
Harford County Baltimore/Towson MSA Maryland
1980 145,930 2,174,023 4,216,975
1990 182,132 2,382,172 4,781,468
% change (1980-1990) +24.8% +9.5% +13.3%
2000 218,590 2,552,994 5,296,486
% change (1990-2000) +20.0% +7.1% +10.7%
2010 244,826 2,710,489 5,773,552
% change (2000-2010) +11.8% +6.1% +9.0%
2020 (Projection) 258,650 2,881,500 6,224,550
% change (2010-2020) +5.7% +6.3% +7.8%
Source: U.S. Census Bureau 1980-2010; MD Brief Economic Facts 2015

8. Harford County Bond Rating Presentation7
EMPLOYMENT (2000-2017)
Employment 2000 2011 2015 2016 2017
% Change
‘00-’17
Total employment 67,994 83,286 89,974 91,827 90,849 +33.60%
Private Sector 51,960 61,728 66,673 71,669 70,079 +34.90%
Government Sector 16,034 21,481 21,429 20,646 20,770 +29.50%
Wages (Average Weekly Wage) 2000 2011 2015 2016 2017*
% Change
‘00-’17
Total employment $573 $832 $964 $972 $1,008 +75.91%
Private Sector $513 $711 $823 $839 $851 +65.88%
Government Sector $770 $1,242 $1,335 $1,433 $1,537 +99.60%
Household Income (Median Annual) 2000 2010 2015 2016 2019 proj
% Change
‘00-’19
$57,234 $77,010 $80,465 $84,175 $90,220 +57.60%
Source: MD DLLR – Quarterly Census for Employment and Wages; U.S. Census Bureau 2000-2010; 2017 average through Q1
Demographics

9. Harford County Bond Rating Presentation
Harford County
#CountyEconomies Source: NACo County Tracker February 2017
Anne Arundel County
Baltimore CountyHoward County
Growth Statistics

10. Harford County Bond Rating Presentation10
Source: NACo County Explorer Feb 2017
GROWTH STATISTICS (2015-2016)
Indicator Harford Anne Arundel Howard
Baltimore
County
GDP Growth Rate 2.8% 2.5% 3.0% 2.8%
Jobs Growth Rate 2.1% 1.7% 2.1% 1.9%
Home Price Growth Rate 5.0% 4.6% 5.5% 3.6%
Real GDP $10.4 Billion $41.3 Billion $22.8 Billion $45.1 Billion
Growth Statistics

11. Harford County Bond Rating Presentation10
3.9%
3.6%
3.4%
4.2%
7.5%
7.9%
7.3%
7.0%
6.6%
5.7%
5.2%
4.2%
3.9%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
Average Yearly Unemployment 2005 - 2017
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Source: MD DLLR – Local Area Unemployment Statistics ; 2017 average is to September
Employment

12. Harford County Bond Rating Presentation12
Source: MD DLLR – Local Area Unemployment Statistics
January February March April May June July August September
4.2% 4.3%
4.1%
3.6% 3.7%
4.1% 4.1%
3.9%
3.3%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
Average Monthly Unemployment
January – September, 2017
MONTHLY AVERAGE
PERCENTUNEMPLOYED
Statistic Snapshot

13. Harford County Bond Rating Presentation Employment13
124,971
122,447
124,168
126,141 126,722
127,548
129,432
131,499
133,663
100000
105000
110000
115000
120000
125000
130000
135000
140000
Total Harford County Employment
2009 2010 2011 2012 2013 2014 2015 2016 2017*
*THROUGH SEPTEMBER
YEARLY AVERAGE
TOTALEMPLOYMENT

14. Harford County Bond Rating Presentation Housing & Development14
*Until September 2017 Source: Naco County Tracker; Harford County Dept. of Housing
2008 2010 2012 2015 2016 2017*
Average Days
on Market
133 114 111 96 78 49
% Change -14.3% -2.6% -13.5% -15.22% -21%
Average Sold
Price
$286,879 $268,517 $255,440 $254,740 $264,757 $245,000
% Change -6.4% -4.9% -0.3% 1.63% -8.0
SALESTRENDS
HOUSEHOLD INCOME
Percent of households
with income between
$100,000 - $199,999
30.5%
Percent of Households
with Income Between
$50,000 - $99,999
32.8%
Median household income $80,500
• Harford County has been consistently
under 5% of the total Maryland
Foreclosure totals since Q1 2010
• Total number of foreclosures down 6.5%
from the first quarter of 2016

15. Harford County Bond Rating Presentation Housing & Development1
2216
1135
824
531 538
701
556
681
512 525 481 501 528
443
209
169
105
235
70
245 68 414 335 442
211
282
0
500
1000
1500
2000
2500
3000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Harford County Building Permits
Single Family Units Multi Family Units
Source: Harford County Permitting Nov 2017

16. Harford County Bond Rating Presentation Aberdeen Proving Ground16
By the Numbers:
• 17M SF Building Space
• 2 Airfields
• 90+ Tenants
• Army’s premier Chem/Bio Surety Mission
• Major Range and Test Facility Base (62,000 acres)
• Growing MD National Guard Presence
• Army’s Largest Enhanced Use Leasing (EUL) Site (415 acres)
• Unique facilities for National Research and Development
o Sample Receipt Facility (SRF)
o Underwater Explosives Pond (UNDEX)
• 6 Centers of Excellence
1. Command, Control, Communication, Computer,
Intelligence, Surveillance and Reconnaissance (C4ISR)
2. Chemical / Biological
3. Public Health Sciences
4. Research & Development
5. Test & Evaluation
6. Personnel Security Investigation
• FY 2017 Contracts
o $12B+ total contracts awarded
o $2B contracts awarded to Maryland small businesses;
1.3B awarded to Harford County businesses
• Aberdeen Proving Ground employs 21,000 military,
civilian personnel, and contractors, making it the
sixth largest employer in MD by population.
• Average employee age is 48
• $7B in economic impact
• $4.3B in wages
• 27,000 employees, including 1300 soldiers
• 4000 PHDs, engineers, & other advanced degrees

17. Harford County Bond Rating Presentation Aberdeen Proving Ground17
Command and Control Facility (20th CBRNE)
• Project Magnitude: $75M
• Procurement: Design-Bid-Build
• Awarded January 2016
• Scheduled Completion: July 2018
Public Health Command Lab Replacement
• Project Magnitude: $250M
• Procurement: Design-Bid-Build
• Awarded August 6, 2015
• Scheduled Completion: October 2019
Public Health Command
20th CBRNE
$665 million post-BRAC investment

18. Harford County Bond Rating Presentation Defense Activity18
AASKI Technology, Inc.
ABD Enterprises, Inc.
ACE Electronics
ACET
ACSYES, Inc.
AECOM
Alcore, Inc.
Alion Science & Technology
Altus Engineering
American Systems
Aquate Corp.
ARINC
ARTI
Automated Coatings
Avenge Inc.
Avon Protection
BANC3
Battelle Eastern Science and
Technology Center
Beacon Associates, Inc.
Beacon Environmental Services,
Inc.
Blue Canopy Group, LLC
Blue Eye Technology
Boeing Co.
Booz Allen Hamilton
Bravura Information Tech. Sys.,
Inc.
BRTRC
Burrow’s Management
CACI
Camber Corporation
CCL Biomedical, Inc.
CGI Federal
City Light & Power, Inc.
Coherent Technical Services
(CTS)
Comtech TCS
Concurrent Technologies Corp.
(CTC)
CSRA, Inc.
D&SCI
D. Wheatley Enterprises, Inc.
Data Intelligence
Data Matrix Solutions, Inc.
Data Systems Analysts, Inc.
Data Tactics
DataPath
DCMA
Defense Contract Mgmt. Agency
DHPC Technologies, Inc.
DRC Dynamics Research Corp.
DXC Technology
Dynamics Research Corp.
(DRS)
Elbit
Engility Corporation
Engineering Solutions Products
(ESP)
ENSCO
Environics USA, Inc.
Envision Innovative Solutions
EOIR Technologies
Excet Incorporated
Exeter Government Services
Fastenal
Fuse Engineering, LLC
Future Skies, LLC
GDIT
Gemalto
General Dynamics C4 Systems
Georgia Tech Research Institute
Harris Corporation
Hi-Tec Systems, Inc.
IAP Aviation Engineering
Solutions
IEM
IncrediTek
Inmarsat
Jacob's Technology, Inc.
Janus Research Group, Inc.
JRAD, Inc.
Kalman
Kord Technologies
L2 Defense
L3 Technologies
Leidos
Link Solutions, Inc.
LinQuest
LMI
Lockheed Martin Global
The Lockwood Group
Lufburrow & Co, Inc.
MacAulay-Brown, Inc.
ManTech
Manufacturers Services
Associated, Inc. (MSA)
Melvin May Associates
Millennium Corporation
Millennium Systems International
Mission 1st Group
MITRE Corporation
MNS Group
Modern Insight
Modern Mission Systems (MMS)
Modus Operandi
MSA-Man Machine Sys. Assess
MTEQ
National Technical Systems, Inc
Netcentrics
Netorian
Nexagen Networks, Inc.
NexGen Federal Systems
Noblis
Northrop Grumman
NTS
OPTEC, Inc.
ORISE
ORSA Corporation
Patricio Enterprises, Inc.
Polaris Alpha
Potomac Fusion
Praxis Engineering Tech.
PreTalen
Primal Innovations, Inc.
QED Systems
QinetQ
Quantum Research
Quviant
R4 Technologies
Raytheon
Rockwell Collins
RoundTable Defense
RSC2
RTR Technologies, Inc.
Sabre Systems, Inc.
Safenet Assured Technologies
SAIC
SciTech Services, Inc.
Shonborn-Becker Systems
Sigmatech
SmartFix Corporation
Smiths Detection
SNC - Sierra Nevada
Corporation
SOTERA Defense Solutions
SRC – Scientific Research Corp.
SRI International
Starks Industries, LLC
STC Corporation
STG
Strategic Alliances Group
SURVICE Engineering Company
SURVICE Metrology
Symbolic
Syracuse Research Center
(SRC)
Systek – Systems Technology
T2S Solutions
TAPE
TASC
Tecolote Research
Telcordia Technologies, Inc.
Teledyne Brown Engineering,
Inc.
Telford Aviation
Telos
Tenax Technology
ThunderCat Technology
TRAX
Trideum
U.S. Falcon
UIC Government Svcs.
(Bowhead)
Universal Solutions International
URS
Venntronix Corporation
VES, LLC
VetTCorp
ViaSat, Inc.
Vistronix Intel & Tech Solutions
VRC Corporation
Wyle Laboratories

19. Harford County Bond Rating Presentation Defense Activity19
• Harford County, APG, and State of Maryland coordinate planning for future
BRAC or BRAC-like activity
• Aligned, tech-based mission growth continues outside of BRAC
• Army Cyber Test Range
• Autonomous Vehicle Proving Ground Designation
• Additive Manufacturing & Materials Processing
• High Performance Computing/Big Data Analytics
• Bio, Chemical and Medical mission growth
• Joint Land Use Study – continued
coordination, implementation
• Funding for demolition, modernization
“APG is Army’s Home of Innovation”

20. Harford County Bond Rating Presentation Vacancy20
Square Footage Current Vacancy Rate 5 Year Vacancy
Total Office Space 5,900,198 16.6% 17.4%
Total Industrial Space 22,785,001 5.0% 7.0%

21. Harford County Bond Rating Presentation Eastgate21
• Multi-building Industrial Park 2,275,000+/- sf Industrial in the Perryman Peninsula
• 243 Acres within an Enterprise Zone
• GI - General Industrial Zoned Property
• Estimated capital investment: $36,100,000

22. Harford County Bond Rating Presentation Business Development22
Additive Manufacturing/RAMP MD
20 Joint Statements of Work, Spin-off Contracting Opportunities
GroundFloor at Harford
Collaborative work and meeting space co-located with small
business resource supports
Harford’s Business Edge
Board of veteran entrepreneurs, business and agency reps
providing oversight of program development, mentoring, and
assessment of entrepreneurial development for start-ups
Harford’s Business Innovation Center
Traditional incubator providing benchmarked program and
mentor supports
Def-Tech
Newest partnership; provides tech transfer and
commercialization support, IP and patent opportunities in
conjunction with APG’s small business offices

23. Harford County Bond Rating Presentation Business Development23
Workforce Development
• FY 2017 - 26 companies were awarded
$100,000 in workforce training funds,
impacting 555 employees
Revamped Finance Programs
• Tech Attraction
• Entrepreneurial Growth
• Revitalization / Facade
• Traditional
Enterprise Zones
• Edgewood/Joppa Enterprise Zone
• 3,946 acres
• $118 million in capital investment
since 2006
• Greater Aberdeen/Havre de Grace
Enterprise Zone
• 9,606 acres
• $250 million capital investment
Magnolia Neighborhood Overlay District
• (MNOD) Aids development efforts along the
Route 40 corridor
PACE & SEED Programs
• Financial incentives for clean energy
Hub Zone Expansion
• Three designated in the county with the
addition of Havre de Grace

24. Harford County Bond Rating Presentation Development25
Edgewood
• Small Area Study through Office of
Economic Adjustment
• Brokers tour to be offered in Spring 2017
• Public Engagement with Aberdeen Proving
Ground, community organizations
• Informational site video developed in
partnership with Dresher Foundation and
Harford Community College
• 28 acre county-owned parcel for
redevelopment
Bel Air
• 2.5 acre development project located on
Main Street in downtown Bel Air
• Successful developer will complete a
project focused on job creation, tax
generation, and mixed use design
consistent with community character.
• County to issue RFP in Q1 2018
Artist’s rendering of how the Tire Lot could be developed, courtesy of
Camoin Associates.

25. Harford County Bond Rating Presentation Education26
Cecil Harford
Anne
Arundel
Balto
County
Balto
City
Carroll Howard
Maryland
Total
National
Total
Bachelor’s
Degree or
Higher
21.8% 32.8% 37.6% 36.0% 27.7% 32.7% 60.4% 38.2% 33.0%
Associates
Degree
6.4% 8.1% 7.5% 7.0% 4.5% 7.7% 5.7% 6.4% 8.2%
Some college,
no degree
19.6% 23.3% 20.8% 19.8% 17.9% 20.7% 14.7% 19.5% 21.0%
Percent high
school
graduate or
higher
87.9% 92.4% 91.6% 90.6% 82.5% 92.1% 95.2% 89.4% 86.7%
Source: US Census Bureau March 2016; American Community Surveys 2015

26. Harford County Bond Rating Presentation Healthcare27
• University of Maryland Upper Chesapeake Health’s Vision 2020 (center above)
Construction phase I in Havre de Grace expected to begin in 2019
• Three-floor expansion of Patricia D. and M. Scot Kaufman Cancer Center in
Bel Air (left)
• Kaiser Permanente opened a 20,383 square-foot medical center in Abingdon
in spring 2017 (right)

27. Harford County Bond Rating Presentation Retail Growth and Expansion28

28. Harford County Bond Rating Presentation Tourism29
Tourism Industry Sales
$400
$350
$300
$250
$200
$150
$367 $376 $376
$309
$321 $$$328
$276
$Millions
• Over $1 million a day in tourism spending
• Hotel lodging tax revenues have allowed county to reinvest $4.5 million in
tourism-related activities
• Hotel stays increased 2.2%
• Government per diem increased to $102
Since 2015:

29. Harford County Bond Rating Presentation Summary30
• Population forecasts for Harford County are expected to increase by 15,075 people between
2015 and 2025.
• The number of households for Harford County is expected to increase by 8,331 between
2015 and 2025.
• Household median income is $80,500
• Unemployment has decreased to 3.3% for September 2017 and is less than the state of
Maryland (3.5%) and the national average (4.1%).
Since December 2014, more than $373 million in capital investment, 2,200
jobs, and $4.8 million sq. ft. of industrial, office and commercial space
have been added to the Harford County economy.

30. Harford County Bond Rating Presentation Accolades31
 The National Association of Counties (NACo)
awarded Harford County Government NACo
Achievement Awards in 2017 for:
• Harford Streams Summer Adventure (an
initiative to raise awareness and support
for healthy waterways)
• Decisions that Determine Your Destiny (a
program that helps elderly citizens and their
families prepare important legal documents)
• The County Executive’s Virtual Town Hall
Budget Meeting (a combined virtual and live
event that offers increased opportunities for
citizen engagement and a role in developing
the county’s budget)
 Harford Transit LINK named 2017 Outstanding
Transit System by the Transportation Association
of Maryland
 Chesapeake Science & Security Corridor named
2018 American Defense Community of the Year
 Dunlop Protective Footwear awarded the 2017
Bright Lights Award for Innovation and
Entrepreneurship by the Comptroller of Maryland
 Harford County Public Library awarded the 2017
Innovator of the Year Award
Harford Transit LINK receives 2017 Outstanding Transit System award.