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City Council Update
September 10, 2013
Results
Equal city portion of Cap ex
Date
Announced Company Name
Jobs
Announced Announced Investment
6/24/2013 Tutco-Farnam 90 $2,500,000
6/17/2013 GE Aviation...
Economic impacts of the announced jobs are
estimated to support an additional:
•1,880 indirect and induced jobs for a tota...
Cap Ex/Capita
Cumulative Cap ex/ Capita
0
0.001
0.002
0.003
0.004
0.005
0.006
0.007
0.008
2009 2010 2011 2012 2013
Buncombe
Knoxville
Roanoke
Winston/
Forsyth
Gre...
Cumulative Jobs/ Capita
AVL 5x5
Capital Investment Goal
5,000
2,500
3,379
-
1,000
2,000
3,000
4,000
5,000
6,000
Jobs
AVL 5x5
Total Goal
Mid Point
Goal
Mid Point
Actual
AVL 5x5
Jo...
AVL 5x5 Announcements
January 2011-present
Questions
Economic Development Coalition Report 9/10/13
Economic Development Coalition Report 9/10/13
Economic Development Coalition Report 9/10/13
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Economic Development Coalition Report 9/10/13

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The Asheville/Buncombe Economic Development Coalition made this presentation to Asheville City Council on Sept. 10, 2013.

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Economic Development Coalition Report 9/10/13

  1. 1. City Council Update September 10, 2013
  2. 2. Results Equal city portion of Cap ex
  3. 3. Date Announced Company Name Jobs Announced Announced Investment 6/24/2013 Tutco-Farnam 90 $2,500,000 6/17/2013 GE Aviation 52 $126,000,000 6/21/2012 Linamar 250 $75,000,000 5/17/2012 PLI 42 $4,600,000 4/5/2012 New Belgium 154 $175,000,000 1/13/2012 American Recycling 30 $1,500,000 1/6/2012 Cakuun 5 $0 6/30/2011 Linamar 400 $125,000,000 6/15/2011 Locus Technologies 3 $0 10/29/2010 Old Wood Company 5 $450,000 8/26/2010 Curious Sense 8 $0 6/14/2010 PolyLinks 10 $3,000,000 5/21/2010 Moog Music 15 $2,500,000 4/10/2010 UNC Pharmacy School 45 $5,000,000 Total City Limits 1,109 $520,550,000
  4. 4. Economic impacts of the announced jobs are estimated to support an additional: •1,880 indirect and induced jobs for a total of 2,989 •$121,894,348 labor income •$54,404,873 state and local taxes
  5. 5. Cap Ex/Capita
  6. 6. Cumulative Cap ex/ Capita
  7. 7. 0 0.001 0.002 0.003 0.004 0.005 0.006 0.007 0.008 2009 2010 2011 2012 2013 Buncombe Knoxville Roanoke Winston/ Forsyth Greenville Jobs/Capita
  8. 8. Cumulative Jobs/ Capita
  9. 9. AVL 5x5 Capital Investment Goal
  10. 10. 5,000 2,500 3,379 - 1,000 2,000 3,000 4,000 5,000 6,000 Jobs AVL 5x5 Total Goal Mid Point Goal Mid Point Actual AVL 5x5 Jobs Goal
  11. 11. AVL 5x5 Announcements January 2011-present
  12. 12. Questions

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