Encore Presentation

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A general presentation on economic development in Fayette County, Georgia given to the Encore Fayette group on February 12, 2009

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Encore Presentation

  1. 7. FCDA Board Positions
  2. 9. FCDA Organization Breakdown
  3. 10. Marketing <ul><li>Fayettega.org </li></ul><ul><li>Newsletter </li></ul>
  4. 11. Marketing <ul><li>Advertisements </li></ul><ul><li>Prospect Travel </li></ul>
  5. 12. Project Management <ul><li>Site Selection </li></ul><ul><li>Building Selection </li></ul>
  6. 13. Research <ul><li>Demographics </li></ul><ul><li>Existing Industry Data </li></ul>
  7. 15. Why Do We Recruit Business?
  8. 16. Why Do We Recruit Business? <ul><li>increases the quality of life for the citizens </li></ul><ul><li>allows people to live and work in the same community </li></ul><ul><li>corporations give back to the community </li></ul>
  9. 17. How Do We Recruit <ul><li>Allies & Partners </li></ul>
  10. 18. How Do We Recruit <ul><li>Allies & Partners </li></ul><ul><li>Consultants & Brokers </li></ul>
  11. 19. How Do We Recruit <ul><li>Allies & Partners </li></ul><ul><li>Consultants & Brokers </li></ul><ul><li>Direct to Companies </li></ul><ul><li>Newsletters </li></ul><ul><li>Advertising & Events </li></ul>
  12. 20. Who Do We Recruit <ul><li>Headquarters </li></ul>
  13. 21. Who Do We Recruit <ul><li>Headquarters </li></ul><ul><li>Clean Manufacturing & Assembly </li></ul>
  14. 22. Who Do We Recruit <ul><li>Headquarters </li></ul><ul><li>Clean Manufacturing & Assembly </li></ul><ul><li>Aviation Related Industry </li></ul>
  15. 23. Who Do We Recruit <ul><li>Headquarters </li></ul><ul><li>Clean Manufacturing & Assembly </li></ul><ul><li>Aviation Related Industry </li></ul><ul><li>Small Business & Entrepreneurs </li></ul><ul><li>Light Warehousing </li></ul><ul><li>Medical (growth segment) </li></ul>
  16. 24. Activity Over the Last 3 Years
  17. 26. Location <ul><li>Fayette County is 199 square miles and contains the five incorporated </li></ul><ul><li>Communities of Brooks, Fayetteville, Peachtree City, Tyrone, and </li></ul><ul><li>Woolsey. Fayette is part of the Atlanta Metropolitan Statistical Area and enjoys </li></ul><ul><li>close proximity to Interstates 75, 85, 20, and 285, state highways 54, 74, 85, </li></ul><ul><li>92, 279, and 379, and Atlanta’s Hartsfield-Jackson International Airport. </li></ul><ul><li>Hartsfield-Jackson is about a 25 minute drive north of Fayette County and the </li></ul><ul><li>heart of Atlanta’s cultural, shopping and dining pleasures is only a few miles </li></ul><ul><li>further. </li></ul>
  18. 27. Population Many people call Fayette County home, and that number continues to increase. Source: Demographics Now
  19. 28. Source: Demographics Now 2008 Age Breakdown Population (con’t) 0-4 years………………..5,172 5-14 years……………..13,851 15-24 years……………17,578 25-34 years……………12,157 35-44 years……………14,141 45-54 years……………19,204 55-64 years……………15,361 65-74 years……………..7,264 75-84 years……………..3,569 85+ years…………….….1,314
  20. 29. Employment Source: Demographics Now 2008 Major Employers Panasonic…………….1,100 Piedmont Fayette………930 Cooper Lighting…...……650 NCR….…...……………..550 Hoshizaki America……..425 Global Aero Logistics.....275 Alenco, Inc………………221 TDK Components….......210 APAC-Georgia………….200 Dolce Atlanta-P’Tree…...198 Unemployment Rate Source: Georgia DOL September 2006 Source: Fayette County Development Authority 2008
  21. 30. The Fayette County School System is both locally and nationally renowned for its cutting edge academic programs that prepare students for the 21st Century world. With many of its schools receiving the Georgia School of Excellence designation as well as two having been named National Blue Ribbon Schools, it is no wonder that students in the system consistently outperform their counterparts across the state and nation as reflected on standardized test scores and academic competitions. Fayette County Education 2006-2007 Source: Fayette County Board of Education Education
  22. 31. Fayette County Graduates Source: Georgia Department of Education Report Card Distance to Nearest Colleges & Universities Education, cont. College Fayetteville Peachtree City Tyrone Clayton State University (Fayette) 7 miles 0 miles 3 miles Griffin Technical College 18 miles 18 miles 31 miles Clayton State University (Morrow) 10 miles 20 miles 15 miles Georgia Institute of Technology 38 miles 42 miles 37 miles Emory University 45 miles 49 miles 43 miles Georgia State University 32 miles 36 miles 31 miles West Georgia University 46 miles 36 miles 30 miles Gordon College 35 miles 43 miles 50 miles University of Georgia 96 miles 105 miles 97 miles
  23. 32. Transportation Fayette County is only 25 miles to Atlanta’s Hartsfield-Jackson International Airport, the world’s busiest with more than 2,000 daily flights across the globe. Over 80% of the continental U.S. population is less than two hours away by air. In addition, Hartsfield-Jackson International Airport handles 900,000 tons of cargo each year. Interstate System Air Transportation Rail Lines
  24. 33. Business Climate INCENTIVES The Fayette County Development Authority will assist companies in locating sites, buildings, and other professional services plus help them in contacting any necessary state agencies for permitting and other needs. For information about other local incentives, please contact the FCDA office. TAXES Source: Fayette County Tax Commissioner 2007
  25. 34. Quality of Life Fayette County is a special community with an inviting environment that continues to flourish & prosper. It has an idyllic lifestyle close enough to the big city of Atlanta and the city’s attractions to be interesting but also just outside enough to make it possible to raise children, know neighbors and participate in schools, government, and community. Health Care Piedmont Fayette Hospital (PFH) is a 106-bed, not-for profit, acute care community hospital that opened in 1997 as the first new metro-Atlanta hospital in 14 years. In 2006, PFH completed an expansion that nearly doubled the size of the hospital to © 2006/Rion Rizzo/Creative Sources Photography, Inc. over 320,000 sq. ft. which includes the first Maternity Center offering obstetric services in Fayette County. PFH offers a full range of health services, including medical and surgical, critical care, cardiopulmonary, outpatient surgery, physical therapy and rehabilitation, laboratory and comprehensive outpatient services. A 24-hour on-campus Emergency Department with an FAA-approved helipad serves the emergency medical needs of the community.
  26. 35. Quality of Life cont. Public Safety One of the major elements of “quality of life” is public safety and Fayette County takes a back seat to no one in this category. Fayette County has by far the lowest incident of crimes against people and crimes against property in the metro-Atlanta region. Additionally, the city of Peachtree City traditionally has either the lowest or next to the lowest crime rate of any city in America with populations of 20,000 and greater! you will find a profusion of recreation centers and other facilities that offer soccer, baseball, softball, golf, tennis, gymnastics, health clubs, and swimming opportunities. As well, there are many opportunities for seniors, environmental, civic, business, support groups, veterans, religious, and arts activities. Recreation As you might expect with Fayette County’s unusually high quality of life factors, the level of community recreational amenities exists in great numbers. Countywide,
  27. 36. Consumer Data Cost of Living Index Source: Georgia County Guide 2007 Source: Georgia County Guide 2007
  28. 37. Consumer Data cont. Housing Statistics Source: Atlanta Journal-Constitution Source: Georgia County Guide 2007
  29. 38. Georgia Foreign Trade Zone The Foreign Trade Zone allows overseas companies establishing themselves to secure cost advantages not generally available internationally. The FTZ offers a full spectrum of services designed to facilitate and expedite the movement of goods. Of particular benefit is the ability of the FTZ to help businesses manage duty and tariff costs. Because of its high tariff rates, the foreign trade zone is particularly useful to the international shipping of alcohol. <ul><li>Services include: </li></ul><ul><li>Storage of import / export goods without full customs or government taxes and formalities; </li></ul><ul><li>Duty-free inventory management, control, distribution and manufacturing and </li></ul><ul><li>US Customs clearance and USDA services available. </li></ul><ul><li>For more information, please visit www.georgiaftz.com </li></ul>
  30. 40. The Good <ul><li>Over the last three years, FCDA has announced the creation of 1400 new positions in Fayette county. </li></ul><ul><ul><li>Sany America – 600 Jobs over 10 years </li></ul></ul><ul><ul><li>NCR – 600 jobs over 3 years </li></ul></ul><ul><ul><li>Other New Companies - FieldTurf, Dixie Aerospace. </li></ul></ul><ul><ul><li>Expansions by Existing Companies – Hella, Aventure Aviation, Rinnai, </li></ul></ul>
  31. 41. The Good <ul><li>Employed Fayette County Residents at the highest number ever, hitting 54,000 employed in July 2008 </li></ul>
  32. 42. The Good <ul><li>In 2008, the predominant household income category in Fayette County is $100K - $150K, and the income group that is least represented is $0 - $15K. The average HHI is $90,608 and the median HHI is $89,115. </li></ul>
  33. 43. The Bad <ul><li>Long standing companies announce plans for layoffs </li></ul><ul><ul><li>Panasonic plans to layoff 500 people in 2009 </li></ul></ul><ul><ul><li>Corporate parents of other local companies announce plans for system-wide layoffs. Local effects unknown. Cooper Industries, Gardner Denver </li></ul></ul>
  34. 44. The Downright Ugly <ul><li>Unemployed Fayette County Residents at the highest number ever, hitting 3,200 in November 2008. </li></ul>
  35. 45. The Downright Ugly Industry Sector Breakdown
  36. 46. The Downright Ugly <ul><li>From a high of 1,710 units in 1987 to a low of 143 units in 2008 (as of October). In 2007, there were 355 units built. </li></ul>
  37. 47. The Downright Ugly <ul><li>From 2005 to 2008, the total value of SFH permitted in Fayette County went from $214mm to $42mm, a loss of over 80% of value. </li></ul>
  38. 48. The Downright Ugly <ul><li>On the bright side, we are now home to the most expensive new average single family home price in Georgia. </li></ul>
  39. 49. <ul><li>To learn more about the business opportunities in </li></ul><ul><li>Fayette County, contact the Fayette County Development </li></ul><ul><li>Authority. We can help you with: </li></ul><ul><li>Available site and building information </li></ul><ul><li>Comprehensive demographic information </li></ul><ul><li>Labor statistics </li></ul><ul><li>Community tours </li></ul><ul><li>Customized state incentive proposals </li></ul><ul><li>Groundbreaking ceremony coordination </li></ul><ul><li>Matt Forshee, President/CEO </li></ul><ul><li>[email_address] </li></ul><ul><li>PH: 770-461-5253 • FX: 770-460-0259 </li></ul><ul><li>www.fayettega.org </li></ul>200 Courthouse Square Fayetteville, GA 30214

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